Filing Details

Accession Number:
0001553350-20-001118
Form Type:
13G Filing
Publication Date:
2020-12-23 19:32:39
Filed By:
Cavalry Fund I Lp
Company:
Blonder Tongue Laboratories Inc (NYSE:BDRL)
Filing Date:
2020-12-26
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Cavalry Fund I 1,250,000 1,250,000 1,250,000 10.8%
Cavalry Fund I Management 1,250,000 1,250,000 1,250,000 10.8%
Thomas Walsh 1,250,000 1,250,000 1,250,000 10.8%
Filing

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


SCHEDULE 13G


Under the Securities Exchange Act of 1934

(Amendment No. ____ )*


Blonder Tongue Laboratories, Inc.

(Name of Issuer)


Common Stock, $0.001 par value

(Title of Class of Securities)


093698 108

(CUSIP Number)



December 14, 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)

 

 

ü

 Rule 13d-1(c)

 

 

 

 Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting persons 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, as amended (the Exchange Act), or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes).

 







1

NAME OF REPORTING PERSON


Cavalry Fund I LP

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)   ¨

(b)   ¨

 

3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

5

SOLE VOTING POWER

 

1,250,000(1)

 

 

6

SHARED VOTING POWER (see Item 5 below)


0

 

 

7

SOLE DISPOSITIVE POWER

 

1,250,000(1)

 

 

8

SHARED DISPOSITIVE POWER (see Item 5 below)


0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


1,250,000(1)

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES


þ (2)

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


10.8%

 

12

TYPE OF REPORTING PERSON


OO

 








1

NAME OF REPORTING PERSON


Cavalry Fund I Management LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)   ¨

(b)   ¨

 

3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

5

SOLE VOTING POWER

 

1,250,000(1)

 

 

6

SHARED VOTING POWER (see Item 5 below)


0

 

 

7

SOLE DISPOSITIVE POWER

 

1,250,000(1)

 

 

8

SHARED DISPOSITIVE POWER (see Item 5 below)


0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


1,250,000(1)

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES


þ (2)

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


10.8%

 

12

TYPE OF REPORTING PERSON


OO

 








1

NAME OF REPORTING PERSON


Thomas Walsh

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)   ¨

(b)   ¨

 

3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

5

SOLE VOTING POWER

 

1,250,000(1)

 

 

6

SHARED VOTING POWER (see Item 5 below)


0

 

 

7

SOLE DISPOSITIVE POWER

 

1,250,000(1)

 

 

8

SHARED DISPOSITIVE POWER (see Item 5 below)


0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


1,250,000(1)

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES


þ (2)

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


10.8%

 

12

TYPE OF REPORTING PERSON


IN

 


(1)

Represents 1,250,000 shares of common stock held by Cavalry Fund I LP. Cavalry Fund I Management LLC is the general partner of Cavalry Fund I LP. Thomas Walsh is the Manager of Cavalry Fund I Management LLC. As such, Cavalry Fund I Management LLC and Mr. Walsh may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) 1,250,000 shares of Common Stock. To the extent Mr. Walsh is deemed to beneficially own such shares, Mr. Walsh disclaims beneficial ownership of these securities for all other purposes.

(2)

Cavalry Fund I LP owns 625,000 shares of common stock issuable upon the exercise of warrants, which are currently not exercisable due to a beneficial ownership limitation of 4.99% of the Companys issued and outstanding common stock.









Item 1(a).

Name of Issuer

 

 

 

Blonder Tongue Laboratories, Inc.

 

 

Item 1(b).

Address of the Issuers Principal Executive Offices

 

 

 

One Jake Brown Road, Old Bridge, New Jersey 08857

 

Item 2(a).

Names of Persons Filing

 

 

 

This Statement is filed on behalf of each of the following persons (collectively, the Reporting Persons):

 

 

(i)

Cavalry Fund I LP

 

 

 

 

(ii)

Cavalry Fund I Management LLC

 

 

(iii)

Thomas Walsh

 

Item 2(b).

Address of the Principal Business Office, or if none, Residence:

 

 

 

The address for each Reporting Person is 61 Kinderkamack Road, Woodcliff Lake, NJ 07677.

 

 

Item 2(c).

Citizenship

 

 

Cavalry Fund I LP is a limited partnership formed under the laws of Delaware.

 

 

 

Cavalry Fund I Management LLC is a limited liability company formed under the laws of Delaware.

 

 

 

Thomas Walsh is a citizen of the United States.

 

Item 2(d).

Title of Class of Securities

 

 

 

Common Stock, $0.001 par value (Common Stock)

 

Item 2(e).

CUSIP Number

 

 

 

093698 108


Item 3.

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 

 

(a)  Broker or Dealer registered under Section 15 of the Exchange Act.

 

 

 

(b) Bank as defined in Section 3(a)(b) or the Exchange Act.

 

 

 

(c) Insurance company as defined in Section 3(a)(19) of the Exchange Act.

 

 

 

(d) Investment company registered under Section 8 of the Investment Company Act.

 

 

 

(e) An Investment adviser in accordance with Rule 13d-1 (b)(1)(ii)(e).

 

 

 

(f)  An employee benefit plan or endowment fund in accordance with Rule 13d 1(b)(1)(ii)(f).

 

 

 

(g) A Parent Holding Company or control person in accordance with Rule 13d 1(b)(1)(ii)(g).

 

 

 

(h) A Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act.

 

 

 

(i) A Church Plan that is excluded from the definition of an investment company under Section 3 (c)(14) of the Investment Company Act.







 

(j) Group, in accordance with Rule 13d-1 (b)(1)(ii)(j).

 

 

 

Not applicable


Item 4.

Ownership

 

 

(a)

The responses to Items 5-11 of the cover pages of this Schedule 13G are incorporated herein by reference.

 

 

(b)

The percentage set forth on Row (11) of the cover page for the Reporting Person is based on 11,553,751 shares of Common Stock outstanding as of December 14, 2020.

 

 

(c)

Cavalry Fund I Management LLC is the general partner of the Reporting Person, and Thomas Walsh is the Manager of Cavalry Fund I Management LLC. As such, Cavalry Fund I Management LLC and Mr. Walsh may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) 1,250,000 shares of Common Stock. To the extent Mr. Walsh is deemed to beneficially own such shares, Mr. Walsh disclaims beneficial ownership of these securities for all other purposes.

 

 

(d)

The Reporting Person is a beneficial owner of 1,250,000 shares of Common Stock. In addition, the Reporting Person owns 625,000 shares of Common Stock issuable upon the exercise of warrants, which are not exercisable due to a beneficial ownership limitation of 4.99% of the Issuers issued and outstanding shares of Common Stock.

 

Item 5.

Ownership of Five Percent or Less of a Class

 

 

 

Not Applicable

 

 

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

 

 

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.










SIGNATURE


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.


 

Cavalry Fund I LP

 Date: December 23, 2020

By: Cavalry Fund I Management LLC,

its General Partner

 

 

 

 

By:

/s/ Thomas Walsh

 

 

Name: Thomas Walsh

 

 

Title: Manager


 

Cavalry Fund I Management LLC

 

 

 Date: December 23, 2020

By:

/s/ Thomas Walsh

 

 

Name: Thomas Walsh

 

 

Title: Manager

 

 

 

 

 

 

 

 

 Date: December 23, 2020

By:

/s/ Thomas Walsh

 

 

Thomas Walsh