Filing Details
- Accession Number:
- 0001654954-19-004544
- Form Type:
- 13G Filing
- Publication Date:
- 2019-04-18 08:40:47
- Filed By:
- Justice Family Office Llc
- Company:
- Cbdmd Inc. (NYSE:YCBD)
- Filing Date:
- 2019-04-18
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| JUSTICE FAMILY OFFICE | 866,000 | 0 | 866,000 | 0 | 866,000 | 8.5% |
Filing
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13G
(Amendment No.
)
Under the
Securities Exchange Act of 1934
| | LEVEL
BRANDS, INC. | |
| | (Name of
Issuer) | |
| | | |
| | Common
stock | |
| | (Title of Class of
Securities) | |
| | | |
| | 52730Q100 | |
| | (CUSIP
Number) | |
| | | |
| | April 16,
2019 | |
| | (Date of Event
Which Requires Filing of this Statement) | |
| | | |
Check the
appropriate box to designate the rule pursuant to which
this Schedule is filed
| ☐ | Rule
13d-1(b) |
| ☒ | Rule
13d-1(c) |
| ☐ | Rule
13d-1(d) |
The remainder of
this cover page shall be filled out for a reporting person's initial
filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover
page.
The information
required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions
of the Act (however,
see the Notes).
| CUSIP No.
52730Q100 | SCHEDULE 13G | Page 2 of 5 |
| 1. | Names of Reporting
Persons. I.R.S.
Identification Nos. of above persons (entities only). JUSTICE FAMILY
OFFICE, LLC | ||
| 2. | Check the
Appropriate Box if a Member of a Group (See
Instructions) (a) ☐ (b) ☐ | ||
| 3. | SEC Use
Only | ||
| 4. | Citizenship of
Place of Organization North
Carolina | ||
| Number of
Shares Beneficially Owned by
Each Reporting
Person With | 5. | Sole Voting
Power 866,000 shares of
common stock (1) | |
| 6. | Shared Voting
Power 0 shares of common
stock (1) | ||
| 7. | Sole Dispositive
Power 866,000 shares of
common stock (1) | ||
| 8. | Shared Dispositive
Power 0 shares of common
stock (1) | ||
| 9. | Aggregate Amount
Beneficially Owned by each Reporting Person 866,000 shares of
common stock (1) | ||
| 10. | Check if the
Aggregate Amount in Row (9) Excludes Certain Shares
☐ | ||
| 11. | Percent of Class
Represented by Amount in Row 9 8.5% | ||
| 12. | Type of Reporting
Person (See Instructions) OO | ||
(1)
The number of
shares over which the Reporting Person has sole voting and
dispositive control excludes 650,400 shares of the Issuer’s
common stock pursuant to rights granted to the Reporting Person by
the Issuer on December 20, 2018, in connection with the closing of
an Agreement and Plan of Merger dated December 3, 2018, by and
among the Issuer, its wholly owned subsidiaries and Cure Based
Development, LLC, a entity of which the Reporting Person was a
member. It is expected that the Reporting Person will be issued
such additional shares of the Issuer’s common stock following
the approval by the Issuer’s shareholders for the possible
issuance of in excess of 19.9% of its presently outstanding common
stock in accordance with the rules of the NYSE American,
LLC.
| CUSIP No.
52730Q100 | SCHEDULE 13G | Page 3 of 5 |
ITEM
1(a).
NAME OF
ISSUER
Level
Brands, Inc.
ITEM
1(b).
ADDRESS OF
ISSUER’S PRINCIPAL EXECUTIVE OFFICES
4521
Sharon Road, Suite 450
Charlotte, NC
28211
ITEM
2(a).
NAME OF PERSON
FILING.
This
Schedule 13G is being filed by Justice Family Office, LLC, a North
Carolina limited liability company (the "Reporting
Person").
ITEM
2(b).
ADDRESS OR
PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE.
The
address of the Reporting Person is 8712 Longview Club Dr, Waxhaw,
NC 28173.
ITEM
2(c).
CITIZENSHIP.
North
Carolina.
ITEM
2(d).
TITLE OF CLASS OF
SECURITIES:
Common
stock.
ITEM
2(e).
CUSIP
No.
52730Q100
ITEM
3.
IF THIS STATEMENT
IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B):
Not
applicable.
| CUSIP No.
52730Q100 | SCHEDULE 13G | Page 4 of 5 |
ITEM
4.
OWNERSHIP
(a)
Amount beneficially
owned: 866,000 shares of common stock. (1)
(b)
Percentage of
class: 8.5%
(c)
Number of shares as
to which the person has:
(i)
Sole power to vote
or to direct the vote: 866,00 shares. (1)
(ii)
Shared power to
vote or to direct the vote: 0 shares. (1)
(iii)
Sole power to
dispose or to direct the disposition of: 866,000 shares.
(1)
(iv)
Shared power to
dispose or to direct the disposition of: 0 shares. (1)
ITEM
5.
OWNERSHIP OF FIVE
PERCENT OR LESS OF A CLASS.
Not
applicable.
ITEM
6.
OWNERSHIP OF MORE
THAN 5 PERCENT ON BEHALF OF ANOTHER PERSON.
Not
applicable.
ITEM
7.
IDENTIFICATION AND
CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
REPORTED ON BY THE PARENT HOLDING COMPANY.
Not
applicable.
ITEM
8.
IDENTIFICATION AND
CLASSIFICATION OF MEMBERS OF THE GROUP.
Not
applicable.
ITEM
9.
NOTICE OF
DISSOLUTION OF GROUP.
Not
applicable.
ITEM
10.
CERTIFICATIONS.
| CUSIP No.
52730Q100 | SCHEDULE 13G | Page 5 of 5 |
SIGNATURE
By
signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held
in the ordinary course of business and were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect, or
other than activities solely in connection with a nomination under
§240.14a-11.
| | JUSTICE FAMILY OFFICE,
LLC | | |
| | | | |
| Dated: April 16,
2019 | By: | /s/
Sharon Justice | |
| | | Sharon Justice | |
| | | | |