Energy Capital Files 6.10% Stake in Senseonics (SENS) — Ownership Details

Rhea-AI Filing Summary

Senseonics Holdings, Inc. reported that Robert J. Smith and affiliated entities beneficially own a combined 50,035,000 shares of common stock, equal to 6.14% of the class. That aggregate position is composed of holdings by Energy Capital, LLC (49,700,000 shares, 6.10%) and Plato & Associates, LLC (335,000 shares, 0.04%).

The filing states Mr. Smith has sole voting and sole dispositive power over the reported shares, meaning he alone can direct voting and disposition of the position. The statement includes a certification that the securities were not acquired to change or influence control of the issuer.

Positive

• Clear disclosure of aggregate beneficial ownership: the filing reports 50,035,000 shares (6.14%) explicitly.
• Entity-level breakdown provided: Energy Capital, LLC holds 49,700,000 shares (6.10%) and Plato & Associates, LLC holds 335,000 shares (0.04%).
• Sole voting and dispositive power stated: Robert J. Smith is reported as having sole authority to vote and dispose of the shares.
• Certification of non-control intent: the filing includes a statement that the securities were not acquired to change or influence control.

Negative

• None.

Insights

Financial Analyst

TL;DR A material 6.14% aggregated stake is reported, disclosed as sole-control of voting and disposition, with a certification of no intent to change control.

The Schedule 13G/A shows a >5% beneficial ownership position aggregated to 50,035,000 shares (6.14%). The filing explicitly attributes 49,700,000 shares to Energy Capital, LLC and 335,000 shares to Plato & Associates, LLC, and states that Robert J. Smith holds sole voting and dispositive power over the aggregate position. Item 10 certifies the shares were not acquired to influence control, which frames this as a disclosure of ownership rather than an announced strategic control action. For investors, the key facts are the size of the position and the concentration of authority, both explicitly reported in the filing.

Corporate Governance Expert

TL;DR Consolidation of voting and dispositive power under one individual is governance-relevant; the filing provides clear, direct disclosure of those powers.

The filing identifies Robert J. Smith as the reporting individual and shows he is the sole owner/member of the reporting entities, resulting in centralized voting and dispositive power over 50,035,000 shares (6.14%). The report lists the reporting person types and provides the split among entities, with no shared voting or dispositive authority disclosed. The certification that the position was not acquired to change control further clarifies the filer’s stated intent. These are material governance data points for assessing shareholder concentration and potential influence.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

SENSEONICS HOLDINGS, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

81727U105

(CUSIP Number)

05/19/2025

(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)

SCHEDULE 13G

CUSIP No. 81727U105

1

Names of Reporting Persons

ROBERT J. SMITH

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 50,035,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 50,035,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

50,035,000.00

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)

6.14 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. 81727U105

1

Names of Reporting Persons

ENERGY CAPITAL, LLC

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

FLORIDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 49,700,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 49,700,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

49,700,000.00

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)

6.10 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 81727U105

1

Names of Reporting Persons

PLATO & ASSOCIATES, LLC

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

FLORIDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 335,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 335,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

335,000.00

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)

0.04 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SENSEONICS HOLDINGS, INC.
(b)	Address of issuer's principal executive offices: 20451 Seneca Meadows Parkway Germantown, MD 20876
Item 2.
(a)	Name of person filing: Robert J. Smith, Energy Capital, LLC, and Plato & Associates, LLC
(b)	Address or principal business office or, if none, residence: 13650 Fiddlesticks Blvd. Suite 202-324 Ft. Myers, FL 33912
(c)	Citizenship: U.S., Florida and Florida, respectively
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 81727U105
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)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	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)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 50,035,000 Robert J. Smith, sole owner/member of Energy Capital, LLC and Plato & Associates, LLC, may be deemed to have beneficial ownership of the aggregate of 50,035,000 shares owned by both entities.
(b)	Percent of class: 6.14%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 50,035,000
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 50,035,000
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 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 or Control Person.
	Not Applicable
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.

ROBERT J. SMITH

Signature:	/s/ Robert J. Smith
Name/Title:	Robert J. Smith
Date:	08/08/2025

ENERGY CAPITAL, LLC

Signature:	/s/ Robert J. Smith
Name/Title:	Robert J. Smith Individually and as Sole Owner/Member of Energy Capital, LLC
Date:	08/08/2025

PLATO & ASSOCIATES, LLC

Signature:	/s/ Robert J. Smith
Name/Title:	Robert J. Smith Individually and as Sole Owner/Member of Plato & Associates, LLC
Date:	08/08/2025

FAQ

How many SENS shares does Robert J. Smith beneficially own?

Robert J. Smith is reported to beneficially own 50,035,000 shares of Senseonics common stock, representing 6.14% of the class.

What stake does Energy Capital, LLC report in SENS?

Energy Capital, LLC is reported to hold 49,700,000 shares, equal to 6.10% of the common stock, with sole voting and dispositive power.

What portion does Plato & Associates, LLC hold in SENS?

Plato & Associates, LLC is reported to hold 335,000 shares, equal to 0.04% of the common stock.

Does the filing state intent to influence control of Senseonics (SENS)?

The filing includes a certification stating the securities were not acquired to change or influence control of the issuer.

Who has authority to vote or dispose of the reported SENS shares?

The filing states that Robert J. Smith has sole voting power and sole dispositive power over the aggregate reported shares.