UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Parc Investments, Inc.
(Name of Issuer)
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
N/A
(CUSIP Number)
December 31, 2020
(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 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. [ ]
| 1. |
Names of Reporting Persons: Ian Jacobs |
| 2. |
Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐ |
| 3. |
SEC Use Only
|
| 4. |
Citizenship or Place of Organization:
USA |
| Number of Shares Beneficially Owned by Each Reporting Person With |
5. |
Sole Voting Power
250,000(1) |
| 6. |
Shared Voting Power
0 | |
| 7. |
Sole Dispositive Power
250,000(1) | |
| 8. |
Shared Dispositive Power
0 |
| 9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
250,000(1) |
| 10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ |
| 11. |
Percent of Class Represented by Amount in Row (9)
5%(1)(2) |
| 12. |
Type of Reporting Person (See Instructions)
IN |
| (1) | As of the date of filing this Statement, the Reporting person beneficially owned 250,000 shares of Common Stock, or 5% of the outstanding shares of Common Stock, based on 5,000,000 shares of Common Stock of the Issuer issued and outstanding as of February 12, 2021. |
| (2) | Based on 5,000,000 shares of Common Stock of the Issuer issued and outstanding as of February 12, 2021. |
Page 2 of 5 pages
Item 1.
| (a) | Name of Issuer: | Parc Investments, Inc. |
| (b) | Address of Issuer’s Principal Executive Offices: |
2255 Glades Road Suite 324A Boca Raton, Florida 33431 |
Item 2.
| (a) | Name of Person Filing | Ian Jacobs |
| (b) |
Address of Principal Business Office or, if none, Residence: |
2255 Glades Road Suite 324A Boca Raton, Florida 33431 |
| (c) | Citizenship: | United States |
| (d) | Title of Class of Securities: | Common Stock, par value $0.0001 per share |
| (e) | CUSIP Number: | N/A |
| Item 3. | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (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) | ☐ | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); |
| (k) | ☐ | Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: |
Page 3 of 5 pages
| Item 4. | Ownership. |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
| (a) | Amount beneficially owned: | 250,000(1) |
| (b) | Percent of class: | 5%(1)(2) |
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote. | See Item 5 of cover page. | |
| (ii) | Shared power to vote or to direct the vote. | See Item 6 of cover page. | |
| (iii) | Sole power to dispose or to direct the disposition of. | See Item 7 of cover page. | |
| (iv) | Shared power to dispose or to direct the disposition of. | See Item 8 of cover page. |
| Item 5. | Ownership of Five Percent or Less of a Class |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.
| Item 6. | Ownership of More than Five 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 or Control Person. |
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. | Certification |
Not applicable.
| (1) | As of the date of filing this Statement, the Reporting person beneficially owned 250,000 shares of Common Stock, or 5% of the outstanding shares of Common Stock, based on 5,000,000 shares of Common Stock of the Issuer issued and outstanding as of February 12, 2021. |
| (2) | Based on 5,000,000 shares of Common Stock of the Issuer issued and outstanding as of February 12, 2021. |
Page 4 of 5 pages
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: February 16, 2021 | ||
| /s/ Ian Jacobs | ||
| Signature | ||
| Name: | Ian Jacobs | |
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)
Page 5 of 5 pages