<SEC-DOCUMENT>0000899243-21-013524.txt : 20210325
<SEC-HEADER>0000899243-21-013524.hdr.sgml : 20210325
<ACCEPTANCE-DATETIME>20210325180708
ACCESSION NUMBER:		0000899243-21-013524
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210324
FILED AS OF DATE:		20210325
DATE AS OF CHANGE:		20210325

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Petrus Trust Company, LTA
		CENTRAL INDEX KEY:			0001473429
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40257
		FILM NUMBER:		21773794

	BUSINESS ADDRESS:	
		STREET 1:		3000 TURTLE CREEK BLVD.
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75219
		BUSINESS PHONE:		(972) 535-1930

	MAIL ADDRESS:	
		STREET 1:		3000 TURTLE CREEK BLVD.
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75219

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HWGAA, L.P.
		CENTRAL INDEX KEY:			0001851371
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40257
		FILM NUMBER:		21773792

	BUSINESS ADDRESS:	
		STREET 1:		3000 TURTLE CREEK BLVD
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75219
		BUSINESS PHONE:		972-535-1900

	MAIL ADDRESS:	
		STREET 1:		3000 TURTLE CREEK BLVD
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75219

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Petrus Capital Management, LLC
		CENTRAL INDEX KEY:			0001679696
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40257
		FILM NUMBER:		21773793

	BUSINESS ADDRESS:	
		STREET 1:		P.O. BOX 269014
		CITY:			PLANO
		STATE:			TX
		ZIP:			75026-9014
		BUSINESS PHONE:		972-535-1949

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 269014
		CITY:			PLANO
		STATE:			TX
		ZIP:			75026-9014

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Cricut, Inc.
		CENTRAL INDEX KEY:			0001828962
		STANDARD INDUSTRIAL CLASSIFICATION:	SPECIAL INDUSTRY MACHINERY, NEC [3559]
		IRS NUMBER:				870282025
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		10855 SOUTH RIVER FRONT PARKWAY
		CITY:			SOUTH JORDAN
		STATE:			UT
		ZIP:			84095
		BUSINESS PHONE:		877-727-4288

	MAIL ADDRESS:	
		STREET 1:		10855 SOUTH RIVER FRONT PARKWAY
		CITY:			SOUTH JORDAN
		STATE:			UT
		ZIP:			84095

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Cricut Inc
		DATE OF NAME CHANGE:	20201019
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>doc3.xml
<DESCRIPTION>FORM 3 SUBMISSION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2021-03-24</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001828962</issuerCik>
        <issuerName>Cricut, Inc.</issuerName>
        <issuerTradingSymbol>CRCT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001473429</rptOwnerCik>
            <rptOwnerName>Petrus Trust Company, LTA</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3000 TURTLE CREEK BOULEVARD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75219</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001679696</rptOwnerCik>
            <rptOwnerName>Petrus Capital Management, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3000 TURTLE CREEK BOULEVARD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75219</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001851371</rptOwnerCik>
            <rptOwnerName>HWGAA, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3000 TURTLE CREEK BOULEVARD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75219</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Class B Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>120882351</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Class B Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>7604473</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.</footnote>
        <footnote id="F2">The shares are directly held by HWGAA, L.P. (HWGAA). Petrus Capital Management, LLC (PCM) serves as the general partner of, and may be deemed to indirectly beneficially own securities owned by, HWGAA. Petrus Trust Company, LTA (PTC) (a) serves as an investment advisor to, and may be deemed to indirectly beneficially own securities owned by, HWGAA, and (b) is the sole owner of, and may be deemed to indirectly beneficially own securities beneficially owned by, PCM.</footnote>
        <footnote id="F3">The shares are directly held by Petrus Employee Profit Share, L.P. (PAM2). PAM Partners GP, LLC (PAM Partners GP) serves as the general partner of, and may be deemed to beneficially own securities owned by, PAM2. PTC serves (a) as an investment advisor to, and may be deemed to beneficially own securities owned by, PAM2, and (b) as trustee of, and may be deemed to indirectly beneficially own securities beneficially owned by, the sole member of PAM Partners GP.</footnote>
        <footnote id="F4">Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the Act) or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.</footnote>
        <footnote id="F5">Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the issuer or securities of the issuer.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Jonathan Covin, General Counsel, Petrus Trust Company, LTA</signatureName>
        <signatureDate>2021-03-25</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Jonathan Covin, General Counsel, Petrus Capital Management, LLC</signatureName>
        <signatureDate>2021-03-25</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Jonathan Covin, General Counsel, Petrus Capital Management, LLC, the general partner of HWGAA, L.P.</signatureName>
        <signatureDate>2021-03-25</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
