Theresa M. Roche
9911 S. 78th Avenue
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e),
Rule 13d-1(f) or Rule 13d-1(g), check the following box. ¨
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 (“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.:
004854105
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1
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Names of Reporting Persons
Robert W. Roche
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ¨ (b) þ
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3
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SEC Use Only
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4
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Source of Funds (See Instructions)
AF
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5
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Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) ¨
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6
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Citizenship or Place of Organization:
United States of America
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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7
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Sole Voting Power:
0
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8
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Shared Voting Power:
10,000
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9
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Sole Dispositive Power:
0
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10
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Shared Dispositive Power:
10,000
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11
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Aggregate Amount Beneficially Owned by Each Reporting Person:
10,000
(1)
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12
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Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions): ¨
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13
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Percent of Class Represented by Amount in Row (11):
100.0%
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14
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Type of Reporting Person (See Instructions):
IN
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(1)
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These shares are held directly by First Ostia Port Ltd. Robert W. Roche, Ritsuko Hattori-Roche, and Theresa M. Roche are co-directors of First Ostia. None of the co-directors deems himself or herself to be the beneficial owner of these shares inasmuch as all decisions to vote or dispose of these shares require approval of a majority of the co-directors, and such beneficial ownership is thereby disclaimed.
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CUSIP No.:
004854105
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1
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Names of Reporting Persons
First Ostia Port Ltd
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ¨ (b) þ
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3
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SEC Use Only
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4
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Source of Funds (See Instructions)
AF
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5
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Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨
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6
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Citizenship or Place of Organization:
Cayman Islands
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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7
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Sole Voting Power:
10,000
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8
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Shared Voting Power:
0
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9
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Sole Dispositive Power:
10,000
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10
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Shared Dispositive Power:
0
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11
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Aggregate Amount Beneficially Owned by Each Reporting Person:
10,000 (1)
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12
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Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): ¨
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13
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Percent of Class Represented by Amount in Row (11):
100.0%(18)
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14
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Type of Reporting Person (See Instructions):
CO
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(1)
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First Ostia Port Ltd is owned by Ritsuko Hattori-Roche, Bireme Limited and Catalonia Holdings, LLC. Bireme Limited is wholly owned by Ritsuko Hattori-Roche. Catalonia Holdings, LLC, a Delaware limited liability company is owned 100% by Parador Trust, a New Hampshire Revocable Trust for which Ritsuko Hattori-Roche is the grantor.
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CUSIP No.:
004854105
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1
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Names of Reporting Persons
Ritsuko Hattori-Roche
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ¨ (b) þ
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3
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SEC Use Only
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4
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Source of Funds (See Instructions)
PF
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5
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Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) ¨
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6
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Citizenship or Place of Organization:
Japan
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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7
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Sole Voting Power:
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8
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Shared Voting Power:
10,000
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9
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Sole Dispositive Power:
0
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10
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Shared Dispositive Power:
10,000
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11
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Aggregate Amount Beneficially Owned by Each Reporting Person:
10,000 (1)
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12
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Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions): ¨
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13
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Percent of Class Represented by Amount in Row (11):
100.0%(18)
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14
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Type of Reporting Person (See Instructions):
IN
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(1)
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These shares are held directly by First Ostia Port Ltd. Robert W. Roche, Ritsuko Hattori-Roche, and Theresa M. Roche are co-directors of First Ostia. None of the co-directors deems himself or herself to be the beneficial owner of these shares inasmuch as all decisions to vote or dispose of these shares require approval of a majority of the co-directors, and such beneficial ownership is thereby disclaimed.
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CUSIP No.:
004854105
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1
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Names of Reporting Persons
Bireme Limited
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ¨ (b) þ
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3
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SEC Use Only
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4
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Source of Funds (See Instructions)
AF
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5
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Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) ¨
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6
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Citizenship or Place of Organization:
Cayman Islands
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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7
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Sole Voting Power:
0
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8
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Shared Voting Power:
10,000
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9
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Sole Dispositive Power:
0
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10
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Shared Dispositive Power:
10,000
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11
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Aggregate Amount Beneficially Owned by Each Reporting Person:
10,000 (1)
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12
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Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions): ¨
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13
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Percent of Class Represented by Amount in Row (11):
100.0%(6)
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14
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Type of Reporting Person (See Instructions):
CO
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(1)
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These shares are held directly by First Ostia Port Ltd. First Ostia is owned by Ritsuko Hattori-Roche, Bireme Limited and Catalonia Holdings, LLC. Bireme Limited is wholly owned by Ritsuko Hattori-Roche. Catalonia Holdings, LLC, a Delaware limited liability company is owned 100% by Parador Trust, a New Hampshire Revocable Trust for which Ritsuko Hattori-Roche is the grantor.
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1
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Names of Reporting Persons
Catalonia Holdings, LLC
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ¨ (b) þ
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3
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SEC Use Only
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4
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Source of Funds (See Instructions)
AF
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5
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Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) ¨
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6
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Citizenship or Place of Organization:
Delaware
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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7
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Sole Voting Power:
0
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8
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Shared Voting Power:
10,000
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9
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Sole Dispositive Power:
0
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10
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Shared Dispositive Power:
10,000
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11
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Aggregate Amount Beneficially Owned by Each Reporting Person:
10,000(1)
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12
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Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions): ¨
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13
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Percent of Class Represented by Amount in Row (11):
100.0%(22)
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14
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Type of Reporting Person (See Instructions):
OO
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(1)
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These shares are held directly by First Ostia Port Ltd. First Ostia is owned by Ritsuko Hattori-Roche, Bireme Limited and Catalonia Holdings, LLC. Bireme Limited is wholly owned by Ritsuko Hattori-Roche. Catalonia Holdings, LLC, a Delaware limited liability company is owned 100% by Parador Trust, a New Hampshire Revocable Trust for which Ritsuko Hattori-Roche is the grantor.
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1
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Names of Reporting Persons
Theresa M. Roche
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ¨ (b) þ
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3
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SEC Use Only
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4
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Source of Funds (See Instructions)
AF
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5
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Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) ¨
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6
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Citizenship or Place of Organization:
United States of America
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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7
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Sole Voting Power:
0
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8
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Shared Voting Power:
10,000
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9
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Sole Dispositive Power:
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10
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Shared Dispositive Power:
10,000
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11
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Aggregate Amount Beneficially Owned by Each Reporting Person:
10,000 (1)
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12
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Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions): ¨
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13
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Percent of Class Represented by Amount in Row (11):
100.0%
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14
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Type of Reporting Person (See Instructions):
IN
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(1)
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These shares are held directly by First Ostia Port Ltd. Robert W. Roche, Ritsuko Hattori-Roche, and Theresa M. Roche are co-directors of First Ostia. None of the co-directors deems himself or herself to be the beneficial owner of these shares inasmuch as all decisions to vote or dispose of these shares require approval of a majority of the co-directors, and such beneficial ownership is thereby disclaimed.
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EXPLANATORY NOTE
The following constitutes Amendment No. 14 to the Schedule 13D
(as amended to date, the “Schedule 13D”) filed by the undersigned (“Amendment No. 14”) relating to the
shares of Acorn International, Inc. (the “Issuer”). This Amendment No. 14 amends and supplements the Schedule 13D as
specifically set forth herein; otherwise, all items or responses not described herein remain as previously reported in the Schedule
13D. Capitalized terms used in this Amendment No. 14 that are not defined herein have the meanings given to them in the Schedule
13D.
This Amendment No. 14 also serves as Amendment No. 9 to the
Schedule 13D originally filed with the Securities and Exchange Commission on July 22, 2011 by Ritsuko Hattori-Roche and has been
amended from time to time thereafter, including by Amendment No. 13 to the Schedule 13D filed by the undersigned with the Securities
and Exchange Commission on October 14, 2020 (as amended to date, the “Ritsuko Schedule 13D”). This Amendment No. 14
amends and supplements the Ritsuko Schedule 13D as specifically set forth herein; otherwise, all items or responses not described
herein remain as previously reported in the Ritsuko Schedule 13D.
While the Reporting Persons determined that they may be deemed
a group pursuant to Securities Exchange Act Rule 13d-5(b)(1), the Reporting Persons expressly disclaim status as a “group”
for purposes of the Schedule 13D.
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Item 3.
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Source and Amount of Funds or Other Consideration.
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The disclosure set forth under Item 4 of this Amendment No.
14 is incorporated herein by reference.
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Item 4.
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Purpose of Transaction
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Item 4 of the Schedule 13D is hereby supplemented with the
following:
On January 29, 2021 (the “Effective Date”), pursuant
to that certain Agreement and Plan of Merger, dated October 12, 2020 (the “Merger Agreement”), by and among the Issuer,
First Ostia Port Ltd. (“First Ostia”) and Second Actium Coin Ltd, a wholly owned subsidiary of First Ostia (“Merger
Sub”), Merger Sub merged with and into the Issuer (the “Merger”), with the Issuer continuing as the surviving
company and becoming a wholly owned subsidiary of First Ostia (the “Surviving Company”).
On the Effective Date, each ordinary share, par value $0.01
per share, of the Issuer (a “Share” or, collectively, the “Shares”), including Shares represented by American
Depositary Shares, each representing 20 Shares (the “ADSs”), issued and outstanding immediately prior to the effective
time of the Merger (the “Effective Time”), other than the Excluded Shares (as defined below), was cancelled in exchange
for the right to receive $1.05 in cash per Share without interest. As each ADS represents 20 Shares, each ADS issued and outstanding
immediately prior to the Effective Time, other than ADSs representing Excluded Shares, represents the right to receive $21.00 in
cash without interest. At the Effective Time, all the Shares ceased to be outstanding, were cancelled and ceased to exist. “Excluded
Shares” means (i) Shares owned by any of First Ostia, Merger Sub or any other direct or indirect wholly owned subsidiary
of the Issuer, or First Ostia, and in each case not held on behalf of third parties, (ii) Shares owned by holders of Shares who
have validly exercised and not effectively withdrawn or lost their appraisal rights pursuant to Section 238 of the Cayman Companies
Law (“Dissenting Shares”), and (iii) an aggregate of 2,797,644 Shares owned by the Issuer’s Lead Director, Pierre
Cohade, the Issuer’s Chief Executive Officer, Jacob A. Fisch, and Harry Hill. The Shares described in clause (iii) were exchanged
for non-convertible promissory notes issued by First Ostia having a face value equal to the merger consideration which these shareholders
would otherwise have been entitled to receive in the form of cash. Such promissory notes bear interest at the rate of 6% per annum
and have a term of six months, which may be extended for an additional six-month term at the election of First Ostia. Upon the
Effective Time, each Share issued and outstanding immediately prior to the Effective Time owned by any of the First Ostia, Merger
Sub or any other direct or indirect wholly owned subsidiary of First Ostia and Shares owned by any direct or indirect wholly owned
subsidiary of the Issuer, and in each case not held on behalf of third parties, by virtue of the Merger and without any action
on the part of the holder of such Shares, ceased to be outstanding, were cancelled and ceased to exist without payment of any consideration
or distribution therefor.
On the Effective Date, each ordinary share, par value $0.01
per share, of Merger Sub issued and outstanding immediately prior to the Effective Time (of which there were 10,000) was converted
into one fully paid and non-assessable ordinary share, par value $0.01 per share, of the Surviving Company.
As of the Effective Time, the ADSs ceased be traded on the NYSE.
The Issuer ceased to be a publicly traded company and the registration of the Shares and the reporting obligations of the Issuer
with respect to the Shares under the Securities Exchange Act of 1934 will be terminated. From and after the Effective Time, the
Surviving Company will operate as a privately-held company, wholly owned by First Ostia.
As of the Effective Time, the memorandum and articles of association
of Merger Sub in effect at the Effective Time became the memorandum and articles of association of the Surviving Company until
thereafter changed or amended as provided therein or by applicable law. As of the Effective Time, pursuant to the terms of the
Merger Agreement, the officers and directors of Merger Sub immediately prior to the Effective Time became the officers and directors
of the Surviving Company, until their successors have been duly elected or appointed and qualified or until their earlier death,
resignation or removal in accordance with the memorandum and articles of association.
Item 5.
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Interest in Securities of the Issuer.
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The disclosure set forth under Item 4 of this Amendment No.
14 is incorporated herein by reference.
Item 6.
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Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
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The disclosure set forth under Item 4 of this Amendment No.
14 is incorporated herein by reference.
Item 7.
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Material to be Filed as an Exhibit
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99.1
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Agreement and Plan of Merger, dated October 12, 2020, by and among Acorn International, Inc., First Ostia Port Ltd. and Second Actium Coin Ltd.*
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99.2
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Joint Filing Agreement**
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*
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Incorporated herein by reference from Exhibit 99.1 to the Form 6-K filed by Acorn International, Inc. with the Securities and Exchange Commission on October 13, 2020.
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**
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Incorporated herein by reference from Exhibit 99.1 to Amendment No. 9 to the Schedule 13D filed by the Reporting Persons with the Securities and Exchange Commission on August 26, 2016.
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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.
Dated: February 1, 2021
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/s/ Robert W. Roche
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Robert W. Roche
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[Signature page to Amendment No. 14 to Schedule
13D]
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.
Dated: February 1, 2021
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/s/ Ritsuko Hattori-Roche
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Ritsuko Hattori-Roche
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[Signature page to Amendment No. 14 to Schedule
13D]
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.
Dated: February 1, 2021
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Catalonia Holdings, LLC
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By:
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/s/ Theresa M. Roche
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Name:
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Theresa M. Roche
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Title:
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Manager
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[Signature page to Amendment No. 14 to Schedule
13D]
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.
Dated: February 1, 2021
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Bireme Limited
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By:
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/s/ Ritsuko
Hattori-Roche
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Name:
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Ritsuko Hattori-Roche
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Title:
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Director
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[Signature page to Amendment No. 14 to Schedule
13D]
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.
Dated: February 1, 2021
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First Ostia Port Ltd
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By:
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/s/ Theresa M. Roche
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Name:
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Theresa M. Roche
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Title:
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Director
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[Signature page to Amendment No. 14 to Schedule
13D]
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.
Dated: February 1, 2021
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/s/ Theresa M. Roche
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Theresa M. Roche
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[Signature page to Amendment No. 14 to
Schedule 13D]