Page 4 of 7 – SEC Filing
Item 1. Security and Issuer.
This statement on Schedule 13D relates
to the common stock, $0.001 par value per share (“Common Stock”), of Resonant Inc., a Delaware corporation (the “Issuer”).
The address of the Issuer’s principal executive offices is 110 Castilian Drive, Suite 100, Goleta, CA 93117.
Item 2. Identity and Background.
| (a) | This Schedule 13D is being filed by Longboard Capital Advisors, LLC (“Longboard”) and Brett Conrad, the managing member of Longboard. Longboard and Mr. Conrad are collectively referred herein as the “Reporting Persons”. |
Longboard, with Mr. Conrad as
its sole managing member, is the general partner and/or investment manager of Blue Earth Fund, LP, Grayboard Investments, Ltd,
Ptarmagin, LLC, and Conrad Group Inc. Defined Benefit Plan (each an “Investment Vehicle” and collectively the “Investment
Vehicles”) and in such capacity exercises dispositive power over the securities and may be deemed to be the beneficial owner
of such securities. Each of the Reporting Persons is party to that certain Joint Filing Agreement, as further described in Item
6. Accordingly, the Reporting Persons are hereby filing a joint Schedule 13D.
| (b) | The business address of the Reporting Persons: |
1312 Cedar St.
Santa Monica, California 90405
| (c) | The principal business of Longboard is the performance of investment management and advisory services, and the principal business of Mr. Conrad is serving as the managing member and sole owner of Longboard. |
| (d) | During the past five years, none of the Reporting Persons have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). |
| (e) | During the past five years, none of the Reporting Persons have been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction or as a result of such a proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. |
| (f) | Citizenship or Jurisdiction of Organization: |
Longboard is a Delaware limited liability company.
Mr. Conrad is a United States citizen.
Item 3. Source or Amount of Funds or Other Consideration.
The Shares to which this statement relates
were acquired by the Reporting Persons using the working capital of each Investment Vehicle as follows:
Blue Earth Fund, LP:
$622,110
Grayboard Investments,
Ltd: $9,721,210
Ptarmagin, LLC: $491,300
Conrad Group Inc. Defined Benefit Plan: $73,933
The Investment Vehicles have invested an aggregate amount of approximately $10,908,553 in the Shares.
