Page 4 of 5 – SEC Filing
The following constitutes
Amendment No. 11 to the Schedule 13D filed by the undersigned (“Amendment No. 11”). This Amendment No. 11 amends the
Schedule 13D as specifically set forth herein.
| Item 1. | Security and Issuer. |
Item 1 is hereby amended and restated to
read as follows:
This statement relates
to the Common Stock, $0.001 par value per share (the “Common Stock”), of SMG Industries Inc., a Delaware corporation
(the “Issuer”). The address of the principal executive offices of the Issuer is 710 N. Post Oak Road, Suite 400, Houston,
Texas 77024.
| Item 5. | Interest in Securities of the Issuer. |
Items 5(a)-(c) are hereby amended and restated
to read as follows:
(a) The
aggregate percentage of shares of Common Stock reported owned by each person named herein is based upon 10,005,190 shares outstanding
as of March 31, 2018, which is the total number of shares outstanding as reported in the Issuer’s Form 10-K filed with the
Securities and Exchange Commission on April 2, 2018.
As of the close
of business on the date hereof, each of Raging Capital and William C. Martin may be deemed to beneficially own the 782,498 shares
of Common Stock, constituting approximately 7.8% of the shares outstanding, held by Raging Master by virtue of their relationships
with Raging Master discussed in further detail in Item 2. Mr. Martin also directly owns 1,386 shares of Common Stock which, together
with the 782,498 shares of Common Stock held by Raging Master he may be deemed to beneficially own, constitutes approximately 7.8%
of the shares outstanding.
Each of the Reporting
Persons, as a member of a “group” with the other Reporting Person for purposes of Rule 13d-5(b)(1) of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), may be deemed to beneficially own the shares of Common Stock
owned by the other Reporting Person. The filing of this Schedule 13D shall not be deemed an admission that the Reporting Persons
are, for purposes of Section 13(d) of the Exchange Act, the beneficial owners of any shares of Common Stock he or it does not directly
own. Each of the Reporting Persons specifically disclaims beneficial ownership of the shares of Common Stock reported herein that
he or it does not directly own. Without limiting the foregoing sentence, Raging Master specifically disclaims beneficial ownership
of the securities of the Issuer held by it by virtue of its inability to vote or dispose of such securities as a result of the
IMA.
(b) Raging
Capital and William C. Martin may be deemed to share the power to vote and dispose of the shares of Common Stock held by Raging
Master. Mr. Martin has the sole power to vote and dispose of the shares of Common Stock he directly owns.
(c) The
Reporting Persons have not entered into any transactions in the securities of the Issuer during the past 60 days.
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