Ownership Change: Led Holdings Just Disclosed New Lighting Science Group Corp Position

Ownership Change: Led Holdings Just Disclosed New Lighting Science Group Corp Position

The New Led Holdings Holding in Lighting Science Group Corp

Led Holdings filed with the SEC SC 13D/A form for Lighting Science Group Corp. The form can be accessed here: 000119312516780897. As reported in Led Holdings’s form, the filler as of late owns 90.9% or 553,108,903 shares of the -company.

Lighting Science Group Corp stake is a new one for the and it was filed because of activity on November 21, 2016. We feel this shows Led Holdings’s positive view for the stock.

Reasons Why Led Holdings Bought – Lighting Science Group Corp Stock

Item 4. Purpose of Transaction

Item 4 of Schedule 13D issupplemented as follows:

On November 21, 2016, the Issuer issued and sold 5,000 units of its securities (“Series J Securities”) toLSGC Holdings III for $1,000 per Series J Security, or aggregate consideration of $5,000,000. Each Series J Security consists of (a)one share of Series J Convertible Preferred Stock of the Issuer, par value $0.001 per share (“SeriesJ Preferred Stock”), and (b)a warrant to purchase 2,650 shares of common stock of the Issuer, par value $0.001 per share (the “Common Stock”), at an exercise price of $0.001 per share (a“Warrant”). The Issuer issued the Series J Securities pursuant to the Preferred Stock Subscription and Support Agreement dated September 11, 2015 (the “Subscription Agreement”) by and among the Issuer,LSGC Holdings III and PPIV, as amended pursuant to that certain Amendment No. 1 to Preferred Stock Subscription and Support Agreement dated July 19, 2016 (the “Amendment No. 1 to the Subscription Agreement”).

Each share of Series J Preferred Stock is convertible at any time, at the election of the holder thereof, into the number of shares of Common Stock equal tothe quotient obtained by dividing (a)$1,000 by (b)the $0.95 conversion price of the Series J Preferred Stock, subject to certain anti-dilution adjustments in accordance with the terms set forth in the Amended and Restated Certificate ofDesignation of the Series J Preferred Stock (as amended from time to time, the “Series J Preferred COD”).The Series J Preferred Stock has no expiration date.The designations, powers, rights and preferences of theSeries J Preferred Stock are governed by the Series J Preferred COD, which was filed as Exhibit 4.3 to the Issuer’s Current Report on Form 8-K filed with the SEC on November 20, 2014.

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The Warrants contain substantially the same terms as the warrants issued to PCA Holdings on January 3, 2014, acopy of which was filed as Exhibit 4.5 to the Issuer’s Form 8-K filed with the SEC on January 8, 2014.However, the Warrants expire at 11:59 p.m. Eastern Time on the earlier of: (i) November 21, 2021, (ii) the date on which the Issuerconsummates a Qualified Public Offering (as defined in the Warrants), or (iii) the date of any Change of Control (as defined in the Warrants).As a result of their relationships with directors of the Issuer, LSGC Holdings III and its affiliateshave been recognized as directors by deputization of the Issuer, and the Issuer’s Board of Directors approved Amendment No. 1 to the Subscription Agreement in advance of the acquisitions from the Issuer pursuant to that agreement.

A copy of the Subscription Agreement was filed with the SEC as Exhibit 10.1 to the Issuer’s Form 8-K filed on September 17, 2015, and was incorporated byreference into this Item 4 in Amendment No. 41 to this Schedule 13D.A copy of Amendment No. 1 to the Subscription Agreement was filed with the SEC as Exhibit 10.1 to the Issuers’ Form 8-K filed on July 25, 2016, and was incorporated byreference into this Item 4 in Amendment No. 45 to this Schedule 13D.

The Reporting Persons continuously assess the Issuer’s business, financialcondition, results of operations and prospects, general economic conditions, other developments and additional investment opportunities. Depending on such assessments, the Reporting Persons and/or their affiliates may acquire additional securitiesof the Issuer, including but not limited to Common Stock, existing preferred securities or new securities of the Issuer or may determine to purchase, sell or otherwise dispose of all or some of the Issuer’s securities in the open market, asapplicable, in privately negotiated transactions, in transactions directly with the Issuer or otherwise. Such actions will depend upon a variety of factors, including, without limitation, current and anticipated future trading prices, the financialcondition, results of operations and prospects of the Issuer, alternative investment opportunities, general economic, financial market and industry conditions and other factors that the Reporting Persons and/or their affiliates may deem material toits investment decision. Also, the Reporting Persons and/or their affiliates have had and will continue to have discussions with management regarding the operations of the Issuer and matters of mutual interest, which could include the items insubparagraphs (a) through (j) of Item 4 of Schedule 13D.

Except as set forth herein and/or in previous amendments to this Schedule 13D, as the case maybe, the Reporting Persons do not have present plans or proposals at this time that relate to or would result in any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.

Business Profile

Lighting Science Group Corporation is a provider of light emitting diode (LED) lighting technology. The Company designs, develops, manufactures and markets illumination solutions that use LEDs as exclusive light source. The Company’s product portfolio includes offerings, such as replacement lamps, luminaires and biological lighting. LED-based retrofit lamps (replacement bulbs) are used in existing light fixtures, as well as LED-based luminaires (light fixtures). The Company’s lamps and luminaires are used for indoor and outdoor residential, commercial, industrial and public infrastructure lighting applications. It has developed LED lighting technology whose color is tuned to achieve specific biological effects. The Company offers LED luminaires for street lighting and lighting in parking garages, outdoor areas, warehouses and manufacturing areas. The Company offers a line of retrofit lamps, integrated retrofit kits and luminaires for commercial and residential lighting applications.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

About 353,339 shares traded hands or 9.72% up from the average. Lighting Science Group Corporation (OTCMKTS:LSCG) has declined 75.00% since April 27, 2016 and is downtrending. It has underperformed by 80.23% the S&P500.

Lighting Science Group Corporation is a well-known provider of light emitting diode lighting technology. The company has a market cap of $3.87 million. The Firm designs, develops, makes and markets illumination solutions that use LEDs as exclusive light source. It currently has negative earnings. The Company’s product portfolio includes offerings, such as replacement lamps, luminaires and biological lighting.

More notable recent Lighting Science Group Corporation (OTCMKTS:LSCG) news were published by: Businesswire.com which released: “Lighting Science® Announces New Rhode Island Headquarters” on November 11, 2015, also Businesswire.com with their article: “Lighting Science Group Corporation and Fastenal Enter into Strategic …” published on February 09, 2015, Businesswire.com published: “Lighting Science Group Strengthens Global Sales Team with New Appointments” on June 23, 2015. More interesting news about Lighting Science Group Corporation (OTCMKTS:LSCG) were released by: Businesswire.com and their article: “Lighting Science® Launches Next Generation of Its Best-Selling Glimpse® Downlight” published on June 14, 2016 as well as Businesswire.com‘s news article titled: “Lighting Science Group Announces Launch of LSPro LED Commercial Light Series” with publication date: October 20, 2015.

According to Zacks Investment Research, “The Lighting Science Group Corporation is a Dallas-based holding company that designs and sells energy-efficient lighting solutions based on LEDs (light emitting diodes). The Company’s patent-pending designs and manufacturing processes enables LED bulbs to be deployed in existing lighting applications with immediate cost and environmental benefits.”

LSCG Company Profile

Lighting Science Group Corporation (Lighting Science Group), incorporated on June 16, 1988, is a well-known provider of light emitting diode (LED) lighting technology. The Firm designs, develops, makes and markets illumination solutions that use LEDs as exclusive light source. The Company’s product portfolio includes offerings, such as replacement lamps, luminaires and biological lighting. LED retrofit lamps (replacement bulbs) are used in existing light fixtures, as well as LED luminaires (light fixtures). The Company’s lamps and luminaires are used for indoor and outdoor residential, commercial, industrial and public infrastructure lighting applications. It has developed LED lighting technology whose color is tuned to achieve specific biological effects. The Company’s subsidiaries include Lighting Science Cooperatief U.A. and Lighting Science Group B.V., the Netherlands; Lighting Science Group Mexico SRL, Mexico; Lighting Science India Private Limited, India, and Lighting Science Group HK Limited, Hong Kong.

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