UNITED STATES  
  SECURITIES AND EXCHANGE COMMISSION  
  Washington, D.C. 20549  

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934 

(Amendment #3)

 

HyreCar, Inc.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

44916T107

(CUSIP Number)

 

November 30, 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:

o Rule 13d-1(b)
x Rule 13d-1(c)
o Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

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. 44916T107
 
  1.

Names of Reporting Persons

I.R.S. Identification Nos. of above persons (entities only)
ACT Capital Management, LLC (I.R.S. Identification No. 14-1895400)

 
  2. Check the Appropriate Box if a Member of a Group (See Instructions)
    (a) o
    (b) o
 
  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
72,700
 
6. Shared Voting Power
0 shares (1)
 
7. Sole Dispositive Power
72,700
 
8. Shared Dispositive Power
230,000 (1)
 
  9. Aggregate Amount Beneficially Owned by Each Reporting Person
230,000 (1)
 
  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o
 
  11. Percent of Class Represented by Amount in Row (9)
1.3% (1)
 
  12.

Type of Reporting Person (See Instructions)
OO

(1) Amir L. Ecker is the Managing Member of ACT Capital Management, LLC. See Item 4 of this Schedule.

           

 

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CUSIP No.  44916T107
 
  1. Names of Reporting Persons
Amir L. Ecker
 
  2. Check the Appropriate Box if a Member of a Group (See Instructions)
    (a) o
    (b) o
 
  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
66,200 (2)
 
6. Shared Voting Power
163,800 (2)
 
7. Sole Dispositive Power
127,700 shares (2)
 
8. Shared Dispositive Power
230,000 (2)
 
  9. Aggregate Amount Beneficially Owned by Each Reporting Person
230,000 (2)
 
  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o
 
  11. Percent of Class Represented by Amount in Row (9)
1.3 % (2)
 
  12.

Type of Reporting Person (See Instructions)
IN

(2) Amir L. Ecker is the Managing Member of ACT Capital Management, LLC. See Item 4 of this Schedule 13G.

           

 

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Item 1.
  (a) Name of Issuer
HyreCar Inc.
  (b)

Address of Issuer’s Principal Executive Offices
335 South Grand Avenue, Suite 1650

Los Angeles, CA 90071

 
Item 2.
  (a)

Name of Person Filing
ACT Capital Management, LLC

Amir L. Ecker

  (b)

Address of Principal Business Office or, if none, Residence
100 W. Lancaster Ave., Suite 110

Wayne, PA 19087

  (c)

Citizenship
ACT Capital Management, LLC – Delaware USA

Amir L. Ecker is a U.S. Citizen

  (d) Title of Class of Securities
Common Stock
  (e) CUSIP Number
44916T107
 
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) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
       
  (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
       
  (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
       
  (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
       
  (e) o An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
       
  (f) o An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
  (g) o A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
       
  (h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
  (i) o 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) o A non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J);
       
  (k) o

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: ____________________________

 

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Item 4. Ownership

 

ACT Capital Management, LLC is the beneficial owner of 230,000 shares of common stock of the Issuer.  Amir L. Ecker is the Managing Member of ACT Capital Management, LLC.  Investment decisions made on behalf of ACT Capital Management, LLC are made primarily by its Managing Member.

 

  (a)

Amount beneficially owned:

 

(1)     230,000

 

(2)     230,000 (Mr. Ecker may be deemed a beneficial owner of the shares held by ACT Capital Management, LLC solely because he is the Managing Member of that LLC.)

  (b)

Percent of class:

 

(1)      1.3%

 

(2)      1.3%

  (c) Number of shares as to which the person has:
    (i)

Sole power to vote or to direct the vote

 

(1)       72,700

 

(2)       66,200

    (ii)

Shared power to vote or to direct the vote

 

(1)       0

 

(2)       163,800

    (iii)

Sole power to dispose or to direct the disposition of

 

(1)       72,700

 

(2)       127,700

    (iv)

Shared power to dispose or to direct the disposition of

 

(1)       230,000

 

(2)       230,000

 

The percentages set forth in this Schedule 13G are based upon the total number of shares of the Issuer’s common stock outstanding of 17,726,601 shares based on information provided by the Issuer.  

 

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.  x

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person
 
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person
 
Item 8. Identification and Classification of Members of the Group
 
Item 9. Notice of Dissolution of Group

 

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Item 10. Certification

 

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.

 

DATE:    December 8, 2020 By: /s/ Amir L. Ecker
  Amir L. Ecker
DATE:    December 8, 2020 By: /s/ Fayth R. Ecker
 

Fayth R. Ecker as Fund Administrator on 11/30/2020

   
   

ACT CAPITAL MANAGEMENT, LLC, by its

Managing Member, Amir L. Ecker 

   
DATE:    December 8, 2020 By: /s/ Amir L. Ecker
  Managing Member   

 

  ATTENTION  
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).

 

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JOINT FILING AGREEMENT

 

The undersigned, the Reporting Persons named in Schedule 13G, hereby agree that this Schedule 13G is filed on behalf of them and that each Reporting Person is responsible for the timely filing of any other amendments to the Schedule 13G. Each Reporting Person further agrees that each of them is responsible for the completeness and accuracy of the information concerning such Reporting Person, respectively, contained in this Schedule 13G and that each of them is not responsible for the completeness or accuracy of the information concerning the other Reporting Persons.

 

IN WITNESS WHEREOF, the undersigned have executed this Joint Filing Agreement as of February 6, 2020.

 

DATE:    December 8, 2020 By: /s/ Amir L. Ecker
  Amir L. Ecker
DATE:    December 8, 2020 By: /s/ Fayth R. Ecker
 

Fayth R. Ecker as Fund Administrator on 11/30/2020

   
   

ACT CAPITAL MANAGEMENT, LLC, by its

Managing Member, Amir L. Ecker

   
DATE:    December 8, 2020 By: /s/ Amir L. Ecker
  Managing Member