UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
INNOVATIVE FOOD HOLDINGS, INC. |
(Name of Issuer) COMMON STOCK |
|
(Title of Class of Securities) |
DENVER J. SMITH
52 CARLSON DRIVE
MILFORD, CT 06460
(405) 830 - 3274
|
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
07/22/17 |
(Date of Event which Requires Filing of this Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ☐
*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 disclosures provided in a prior cover page.
The information required on 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).
SCHEDULE 13D
CUSIP No. | 45772H202 | | Page 2 of 11 Pages |
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) |
| Denver J. Smith |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) | (a) | ☒ | |
| | (b) | ☐ | |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) |
| PF |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
United States Of America |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| 772,679 shares |
8 | SHARED VOTING POWER |
| 850,624 shares |
9 | SOLE DISPOSITIVE POWER |
| 772,679 shares |
10 | SHARED DISPOSITIVE POWER |
| 850,624 shares |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
1,623,303 shares |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS) | ☐ | |
| (SEE INSTRUCTIONS) |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| 5.4% |
14 | TYPE OF REPORTING PERSON |
| IN |
CUSIP No. | 45772H202 | | Page 3 of 11 Pages |
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) |
| Donald E. Smith |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) | (a) | ☒ | |
| | (b) | ☐ | |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) |
| PF |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
United States Of America |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| 26,000 |
8 | SHARED VOTING POWER |
| 804,804 shares |
9 | SOLE DISPOSITIVE POWER |
| 26,000 |
10 | SHARED DISPOSITIVE POWER |
| 804,804 shares |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
830,804 shares |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS) | ☐ | |
| (SEE INSTRUCTIONS) |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| 2.8% |
14 | TYPE OF REPORTING PERSON |
| IN |
CUSIP No. | 45772H202 | | Page 4 of 11 Pages |
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) |
| Richard G. Hill |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) | (a) | ☒ | |
| | (b) | ☐ | |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) |
| PF |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
United States Of America |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| 39,300 shares |
8 | SHARED VOTING POWER |
| 45,820 shares |
9 | SOLE DISPOSITIVE POWER |
| 39,300 shares |
10 | SHARED DISPOSITIVE POWER |
| 45,820 shares |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
85,120 shares |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS) | ☐ | |
| (SEE INSTRUCTIONS) |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| 0.3% |
14 | TYPE OF REPORTING PERSON |
| IN |
CUSIP No. | 45772H202 | | Page 5 of 11 Pages |
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) |
| Samuel N. Jurrens |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) | (a) | ☒ | |
| | (b) | ☐ | |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) |
| PF |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
United States Of America |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| 59,545 shares |
8 | SHARED VOTING POWER |
| 0 shares |
9 | SOLE DISPOSITIVE POWER |
| 59,545 shares |
10 | SHARED DISPOSITIVE POWER |
| 0 shares |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
59,545 shares |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS) | ☐ | |
| (SEE INSTRUCTIONS) |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| 0.2% |
14 | TYPE OF REPORTING PERSON |
| IA, IN |
CUSIP No. | 45772H202 | | Page 6 of 11 Pages |
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) |
| 73114 Investments, LLC 26-3607132 |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) | (a) | ☒ | |
| | (b) | ☐ | |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) |
| WC |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
Oklahoma |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| 744,804 |
8 | SHARED VOTING POWER |
| 0 |
9 | SOLE DISPOSITIVE POWER |
| 744,804 |
10 | SHARED DISPOSITIVE POWER |
| 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
744,804 shares |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS) | ☐ | |
| (SEE INSTRUCTIONS) |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| 2.5% |
14 | TYPE OF REPORTING PERSON |
| CO |
CUSIP No. | 45772H202 | | Page 7 of 11 Pages |
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) |
| Youth Properties, LLC 27-2901108 |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) | (a) | ☒ | |
| | (b) | ☐ | |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) |
| WC |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
Oklahoma |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| 60,000 shares |
8 | SHARED VOTING POWER |
| 0 shares |
9 | SOLE DISPOSITIVE POWER |
| 60,000 shares |
10 | SHARED DISPOSITIVE POWER |
| 0 shares |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
60,000 shares |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS) | ☐ | |
| (SEE INSTRUCTIONS) |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| 0.2% |
14 | TYPE OF REPORTING PERSON |
| CO |
CUSIP No. | 45772H202 | | Page 8 of 11 Pages |
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) |
| Paratus Capital, LLC 46-0672795 |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) | (a) | ☒ | |
| | (b) | ☐ | |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) |
| WC |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
Oklahoma |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| 45,820 shares |
8 | SHARED VOTING POWER |
| 0 |
9 | SOLE DISPOSITIVE POWER |
| 45,820 shares |
10 | SHARED DISPOSITIVE POWER |
| 0 shares |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
45,820 shares |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS) | ☐ | |
| (SEE INSTRUCTIONS) |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| 0.2% |
14 | TYPE OF REPORTING PERSON |
| PN |
Page 9 of 11
EXPLANATORY NOTE
This Amendment No. 3 to Schedule 13D (“Amendment No. 3”) amends and supplements the prior statement on Schedule 13D (the “Schedule 13D”) as filed on May 4, 2017, and amended on July 19, 2017 (“Amendment No. 2”). This amendment is being filed by (i) Denver J. Smith, (ii) Donald E. Smith, (iii) Richard G. Hill, (iv) Samuel N. Jurrens, (v) 73114 Investments, LLC, (vi) Youth Properties, LLC, and (vii) Paratus Capital, LLC who are collectively referred to as the “Reporting Persons”, related to shares of common stock of Innovative Food Holdings, Inc., a Florida Corporation (the “Issuer”), whose principal executive offices are located at 26411 Race Track Rd, Bonita Springs, FL 34135. Each item below amends and supplements the information disclosed under the corresponding item of the Schedule 13D, and Amendment No. 2. Except as indicated herein, the information set forth in the Schedule 13D remains unchanged in all material respects. Unless otherwise indicated, all capitalized terms used herein but not defined shall have the same meanings as set forth in the Schedule 13D.
This Amendment No. 3 is being filed to attach a non-disclosure agreement between Denver Smith and the Issuer relating to exploratory discussions about potential changes in the composition of board of directors of the Issuer. This agreement was dually signed on July 22, 2017.
Item 1. | Security and Issuer. |
There are no amendments to Item 1 of the Schedule 13D pursuant to this Amendment No. 3.
Item 2. | Identity and Background. |
There are no amendments to Item 2 of the Schedule 13D pursuant to this Amendment No. 3.
Item 3. | Source and Amount of Funds or Other Consideration. |
There are no amendments to Item 3 of the Schedule 13D pursuant to this Amendment No. 3.
Item 4. | Purpose of Transaction. |
There are no amendments to Item 4 of the Schedule 13D pursuant to this Amendment No. 3.
Item 5. | Interest in Securities of the Issuer. |
Item 5 of the Schedule 13D is hereby amended to read in its entirety as follows:
| (a) | There are no amendments to part (a) of Item 5 of the Schedule 13D pursuant to this Amendment No. 3. |
| (b) | There are no amendments to part (b) of Item 5 of the Schedule 13D pursuant to this Amendment No. 3. |
| (c) | All transactions in shares of the issuer over the past 60 days were reported as an exhibit to the Amendment No. 2 filed July 19, 2017. No transactions have occurred since the Amendment No. 2 was filed. |
Page 10 of 11
Item 6. | Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. |
There are no amendments to Item 6 of the Schedule 13D pursuant to this Amendment No. 3.
Item 7. | Material to be Filed as Exhibits. |
The following has been attached: Non-Disclosure Agreement entered into between Denver Smith and the Issuer.
Signatures
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: July 25, 2017 | /s/ Richard G. Hill |
| Richard G. Hill |
| |
| |
Dated: July 25, 2017 | /s/ Samuel N. Jurrens |
| Samuel N. Jurrens |
| |
| |
Dated: July 25, 2017 | /s/ Donald E. Smith |
| Donald E. Smith |
| |
| |
Dated: July 25, 2017 | /s/ Denver J. Smith |
| Denver J. Smith |
| |
| |
Dated: July 25, 2017 | Paratus Capital, LLC |
| | |
| By: | /s/ Denver J. Smith |
| Name: Denver J. Smith |
| Title: Chief Strategy Officer |
| |
| |
Dated: July 25, 2017 | 73114 Investments, LLC |
| |
| By: | /s/ Denver J. Smith |
| Name: Denver J. Smith |
| Title: Chief Investment Officer |
| |
| |
Dated: July 25, 2017 | Youth Properties, LLC |
| |
| By: | /s/ Donald E. Smith |
| Name: Donald E. Smith |
| Title: Chief Executive Officer |