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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 7/7/23 |
Issuer: |
| Issuer CIK: 1426506 |
| Issuer Name: SMG Industries Inc. |
| Issuer Trading Symbol: SMGI |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1602969 |
| | Owner Name: Dorsett Newton W. |
| Reporting Owner Address: |
| | Owner Street 1: 20475 STATE HWY 249, SUITE 450 |
| | Owner Street 2: |
| | Owner City: HOUSTON |
| | Owner State: TX |
| | Owner ZIP Code: 77070 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Ten Percent Owner? Yes |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, par value $.001 |
| | Transaction Date: |
| | | Value: 7/7/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: C |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 796,760 |
| | | Transaction Price Per Share: |
| Value: 0.10 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 3,397,680 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, par value $.001 |
| | Transaction Date: |
| | | Value: 7/7/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 12,627,460 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0.25 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 16,025,140 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Convertible Note |
| | Conversion or Exercise Price: |
| | | Value: 0.10 |
| | Transaction Date: |
| | | Value: 7/7/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: C |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Total Value: |
| Value: 77,592 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 10/4/21 |
| | Expiration Date: |
| | | Value: 10/4/23 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 796,760 |
| Footnote ID: F2 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Represents shares of common stock issued in exchange for the forgiveness of $3,156,863 in aggregate principal and interest due on unconvertible debt issued by SMG Industries, Inc. |
| Footnote - F2: Includes shares of common stock issued upon the conversion of $2,083 in accrued, unpaid interest. |
Owner Signature: |
| Signature Name: /s/ Newton W. Dorsett |
| Signature Date: 8/10/23 |