GEVI Form 3: Derivatives for 13,000,000 and 2,500,000 shares

Rhea-AI Filing Summary

General Enterprise Ventures (GEVI) filed a Form 3 reporting Craig A. Huff’s initial beneficial ownership as of 03/17/2025. He directly holds 1,815,155 shares of Series A Preferred Stock and 1,500,000 shares of Common Stock. Derivative positions include Series C Convertible Preferred Stock convertible into 13,000,000 shares of Common Stock, a Convertible Note convertible into 5,500,000 shares of Common Stock at $0.4 per share expiring 02/28/2026, and a Warrant for 2,500,000 shares at $0.5 expiring 02/28/2030.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

BoltRock Holdings LLC

(Last) (First) (Middle)

712 5TH AVENUE

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2025

3. Issuer Name and Ticker or Trading Symbol
General Enterprise Ventures, Inc. [ GEVI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A Preferred Stock	1,815,155	D
Common Stock	1,500,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series C Convertible Preferred Stock	(1)	(1)	Common Stock	13,000,000	(1)	D
Convertible Note	(2)	02/28/2026	Common Stock	5,500,000	(2)	D
Warrant	(3)	02/28/2030	Common Stock	2,500,000	$0.5	D

Explanation of Responses:

1. Each share of Series C Convertible Preferred Stock is convertible at any time at the option of the holder into 20 shares of Common Stock. The Series C Convertible Preferred Stock has no expiration date.

2. At any time while the Convertible Note remains outstanding, the Convertible Note is convertible at the whole, but not part of, outstanding principal plus all accrued and unpaid interest into shares of Common Stock at the conversion rate of $0.4 per share at the Reporting Person's election or automatically upon certain occurrences relating to the price of Common Stock. The reported amount includes shares of Common Stock issuable upon the conversion of interest that accrues at a rate of 10% per annum, payable in kind.

3. The Warrant is exercisable at any time by the Reporting Person prior to its expiration.

	/s/ Craig A. Huff, Managing Member	10/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did GEVI (GEVI) disclose in this Form 3?

It reported Craig A. Huff’s initial beneficial ownership, including direct holdings and derivative securities positions as of 03/17/2025.

How many GEVI shares are directly owned?

Direct holdings include 1,815,155 Series A Preferred and 1,500,000 Common shares.

What are the key derivative securities reported?

Series C Convertible Preferred convertible into 13,000,000 Common shares; a Convertible Note into 5,500,000 Common shares; and a Warrant for 2,500,000 Common shares.

What are the conversion or exercise terms?

The note converts at $0.4 per share and expires on 02/28/2026. The warrant has a $0.5 exercise price and expires on 02/28/2030.

Is the Series C Preferred time-limited?

Each share of Series C Preferred is convertible at any time at the holder’s option and has no expiration date.

What is the event date for this ownership report?

The date of the event requiring the statement is 03/17/2025.