Filing Details

Aquantia Corp.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

03842Q108

(CUSIP Number)

May 11, 2018

(Date of Event which Requires Filing of this Statement)

CUSIP No. 03842108

 

13G

 

Page 2 of 6 Pages

1

NAMES OF REPORTING PERSONS

 

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

 

 

 

 

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

3

SEC USE ONLY

 

 

 

 

 

 

 

4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

 

 

 

 

 

 

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

☐

 

 

 

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

 

 

 

 

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7

SOLE VOTING POWER

 

 

00,000

 

 

 

 

8

SHARED VOTING POWER

 

 

2,472,742

 

 

 

 

9

SOLE DISPOSITIVE POWER

 

 

00,000

 

 

 

 

10

SHARED DISPOSITIVE POWER

 

 

 

 

 

 

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

3,462,508

 

 

 

 

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

☐

 

 

 

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

 

10.28%

 

 

 

 

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 

IN

 

 

 

 

CUSIP No. 03842108

 

13G

 

Page 3 of 6 Pages

1

NAMES OF REPORTING PERSONS

 

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

 

 

 

 

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)    ☐
(b)    ☒

 

 

3

SEC USE ONLY

 

 

 

 

 

 

 

4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

 

 

 

 

 

 

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

 

 

 

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

 

 

 

 

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7

SOLE VOTING POWER

 

 

00,000

 

 

 

 

8

SHARED VOTING POWER

 

 

2,472,742

 

 

 

 

9

SOLE DISPOSITIVE POWER

 

 

00,000

 

 

 

 

10

SHARED DISPOSITIVE POWER

 

 

 

 

 

 

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

3,462,508

 

 

 

 

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 

 

 

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

 

10.28%

 

 

 

 

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 

IN

 

 

 

 

CUSIP No. 03842108

 

13G

 

Page 4 of 6 Pages

 

(a)

Name of Issuer
Aquantia Corp.

 

 

(b)

Address of Issuer’s Principal Executive Offices
105 E. Tasman Dr.
San Jose, CA 95134, USA
Tel: 408.228.8300

 

(a)

Name of Person Filing

This Schedule 13G is filed by the entity and persons listed below, all of whom together are referred to herein as the “Reporting Persons”:

 

(i) Ion Asset Management Ltd. (the “Management Company”), which serves as an investment manager to hedge funds and managed accounts (collectively, the “Funds”);

 

(ii) Jonathan Half, who serves as Portfolio Manager for the Management Company; and

 

(iii) Stephen Levey, who serves as Portfolio Manager for the Management Company.

 

 

(b)

Address of the Principal Office or, if none, residence
The principal business address of Ion Asset Management Ltd. is Ugland House, South Church Street, George Town, Grand Cayman, Cayman Islands.  The principal business address of Messrs. Half and Levey is 13th Floor, Building E, 89 Medinat Hayehudim Street,

Herzliya, Israel.

 

 

(c)

Citizenship

Ion Asset Management Ltd. is organized under the laws of the Cayman Islands.  Messrs. Half and Levey are citizens of Israel.

 

 

(d)

Title of Class of Securities
Common Stock

 

 

(e)

CUSIP Number
03842Q108

 

(a)

☐

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

 

(b)

☐

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

 

(c)

☐

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

 

(d)

☐

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

 

 

(e)

☐

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 

 

(f)

☐

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

 

(g)

☐

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

 

 

(h)

☐

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

 

(i)

☐

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

 

(j)

☐

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

CUSIP No. 03842108

 

13G

 

Page 5 of 6 Pages

 

(a)

Amount beneficially owned:  As of May 18, 2018, the Reporting Persons beneficially own, in the aggregate, 3,462,508 shares of the Common Stock of the Issuer, held by the Funds.

 

 

(b)

Percent of class:  10.28%

 

 

(c)

Number of shares as to which the Reporting Persons have:  

 

 

 

(i)

Sole power to vote or to direct the vote 0.

 

 

 

(ii)

Shared power to vote or to direct the vote 2,472,742.

 

 

 

(iii)

Sole power to dispose or to direct the disposition of 0.

 

 

 

(iv)

Shared power to dispose or to direct the disposition of 3,462,508.

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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.

 

[Signatures on following page]

CUSIP No. 03842108

 

13G

 

Page 6 of 6 Pages

Dated: May 21, 2018

/s/ Jonathan Half

/s/ Stephen Levey

 Director

Director

Dated: May 21, 2018

 Jonathan Half

/s/ Jonathan Half

Dated: May 21, 2018

 Stephen Levey

/s/ Stephen Levey