# EDGAR Filing Document

**Accession Number:** 0001761510
**File Stem:** 0001969568-23-000004
**Filing Date:** 2023-3
**Character Count:** 7719
**Document Hash:** c6c619ef43315bbc288102ac0a7abe0e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001969568-23-000004.hdr.sgml**: 20230323

**ACCESSION NUMBER**: 0001969568-23-000004

**CONFORMED SUBMISSION TYPE**: SC 13G

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230323

**DATE AS OF CHANGE**: 20230323

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TILT Holdings Inc.
- **CENTRAL INDEX KEY:** 0001761510
- **STANDARD INDUSTRIAL CLASSIFICATION:** CIGARETTES [2111]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93951
- **FILM NUMBER:** 23755679

**BUSINESS ADDRESS:**
- **STREET 1:** SUITE 2200, 885 WEST GEORGIA STREET
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6C 3E8
- **BUSINESS PHONE:** (647) 777-1713

**MAIL ADDRESS:**
- **STREET 1:** SUITE 2200, 885 WEST GEORGIA STREET
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6C 3E8
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Wang Deyong
- **CENTRAL INDEX KEY:** 0001969568

**FILING VALUES:**
- **FORM TYPE:** SC 13G

**MAIL ADDRESS:**
- **STREET 1:** ROOM 502, NO.25, LANE 1288, FANJIN ROAD
- **STREET 2:** PUDONG NEW AREA
- **CITY:** SHANGHAI
- **STATE:** F4
- **ZIP:** 201208

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**SCHEDULE 13G** ****<br> Under the Securities Exchange Act of 1934

(Amendment No. ____)\*

**<u>TILT Holdings Inc.</u>**

(Name of Issuer)

<u>Common shares, no par value</u> 

(Title of Class of Securities)

<u>88688R104</u> 

(CUSIP Number)

<u>February 15, 2023</u> 

(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)

☒ Rule 13d-1(c)

☐ 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).

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| | | |
|:---|:---|:---|
| CUSIP No. 88688R104 | **Schedule 13G** | Page 2 of 5 |

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**1.** NAME OF REPORTING PERSON Deyong Wang

**2.** CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☐ (b) ☐

**3.** SEC USE ONLY

**4.** CITIZENSHIP OR PLACE OF ORGANIZATION China

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| | | |
|:---|:---|:---|
| NUMBERS OF <br> SHARES<br> BENEFICIALLY<br> OWNED BY <br> EACH <br> REPORTING <br> PERSON WITH: | **5.** | SOLE VOTING POWER<br>29,379,980(a) |
| NUMBERS OF <br> SHARES<br> BENEFICIALLY<br> OWNED BY <br> EACH <br> REPORTING <br> PERSON WITH: | **6.** | SHARED VOTING POWER<br>0 |
| NUMBERS OF <br> SHARES<br> BENEFICIALLY<br> OWNED BY <br> EACH <br> REPORTING <br> PERSON WITH: | **7.** | SOLE DISPOSITIVE POWER<br>29,379,980(a) |
| NUMBERS OF <br> SHARES<br> BENEFICIALLY<br> OWNED BY <br> EACH <br> REPORTING <br> PERSON WITH: | **8.** | SHARED DISPOSITIVE POWER<br>0 |

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**9.** AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
 PERSON 29,379,980(a)

**10.** CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐

**11.** PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.3%(b)

**12.** TYPE OF REPORTING PERSON (See Instructions) IN

(a) Represents
 (i) 10,980,000 shares of common stock, no par value ("Common Shares"), of the TILT Holdings Inc. (the "Issuer")
 held by the Reporting Person, and (ii) 18,399,980 warrants to purchase Common Shares, held by the Reporting Person, that are exercisable at any time prior to their expiration, which were acquired pursuant
 to that certain First Amendment to Secured Note Purchase Agreement, dated February 15, 2023, by and among the Issuer,
 Jimmy Jang, Baker Technologies, Inc., Commonwealth Alternative Care, Inc., Jupiter Research, LLC, Jordan Geotas, as noteholder representative,
 and each of the purchasers and AP noteholders thereto. As reported by the Issuer to the Reporting Person, there were 333,694,012
 Common Shares issued and outstanding as of December 31, 2022.

(b) Beneficial
 ownership percentage is based upon 333,694,012 Common Shares issued and outstanding as of December 31, 2022, as reported by the Issuer
 to the Reporting Person. Such percentage is calculated in accordance with Rule 13d-3 based on the aggregate number of Common Shares
 beneficially owned by the Reporting Person.

---

| | | |
|:---|:---|:---|
| CUSIP No. 88688R104 | **Schedule 13G** | Page 3 of 5 |

---

**Item 1.**

**(a)** **Name of issuer:** TILT Holdings Inc.

**(b)** **Address of issuer's principal executive offices:** 

2801 E. Camelback Road #180

Phoenix, Arizona 85016

**Item 2.**

**(a)** **Name of person filing:** Deyong Wang

**(b)** **Address of principal business office or, if none, residence:** 

c/o DeHeng Law Offices PC

7901 Stoneridge Drive, Suite 208

Pleasanton, CA 94588

**(c)** **Citizenship:** China

**(d)** **Title of class of securities:** common shares, no par value

**(e)** **CUSIP No:** 88688R104

**Item 3.** **Type of filing**

Not Applicable.

**Item 4.** **Ownership**

**(a)** **Amount beneficially owned**:

See Item 9 on the cover page hereto.

**(b)** **Percent of class**:

See Item 11 on the cover page hereto.

**(c)** **Number of shares as to which such person has**:

**(i)** **Sole power to vote or to direct the vote**:

See Item 5 on the cover page hereto.

**(ii)** **Shared power to vote or to direct the vote:** 

See Item 6 on the cover page hereto.

**(iii)** **Sole power to dispose or to direct the disposition of:** 

See Item 7 on the cover page hereto.

**(iv)** **Shared power to dispose or to direct the disposition of**:

See Item 8 on the cover page hereto.

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| | | |
|:---|:---|:---|
| CUSIP No. 88688R104 | **Schedule 13G** | Page 4 of 5 |

---

**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 ☐.

**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**

Not applicable

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| | |
|:---|:---|
| **Item 8**. | **Identification and Classification of Members of the Group** |

---

Not applicable

**Item 9.** **Notice of Dissolution of Group**

Not Applicable

**Item 10.** **Certifications**

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.

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| | |
|:---|:---|
| March 22, 2023 | March 22, 2023 |
| (Date) | (Date) |
| By: | */s/ Deyong Wang* |
| Name: | Deyong Wang |

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