Edward Kovalik Form 3 KLR Energy Acquisition / Edward Kovalik ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Kovalik Edward

(Last) (First) (Middle)

811 MAIN STREET, 18TH FLOOR

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/10/2016

3. Issuer Name and Ticker or Trading Symbol
KLR Energy Acquisition Corp. [ KLREU ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
President

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common stock	2,110,000	I	See Footnote(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Kovalik Edward

(Last) (First) (Middle)

811 MAIN STREET, 18TH FLOOR

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

KLR Energy Sponsor, LLC

(Last) (First) (Middle)

811 MAIN STREET, 18TH FLOOR

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

Explanation of Responses:

1. These shares represent the founder shares held by KLR Energy Sponsor, LLC (the "Sponsor"). KLR Group Investments, LLC is the managing member of the Sponsor. Mr. Kovalik is the managing member of KLR Holdings, LLC, which owns 100% of KLR Group Investments, LLC. These shares include an aggregate of up to 300,000 shares that are subject to forfeiture to the extent that the underwriters do not exercise their overallotment option in full, in connection with the registrant's initial public offering.

	/s/ Edward Kovalik	03/10/2016
	/s/ Edward Kovalik, Authorized Person, KLR Energy Sponsor, LLC	03/10/2016
	** Signature of Reporting Person	Date
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