<SEC-DOCUMENT>0001753926-25-000249.txt : 20250213
<SEC-HEADER>0001753926-25-000249.hdr.sgml : 20250213
<ACCEPTANCE-DATETIME>20250213160604
ACCESSION NUMBER:		0001753926-25-000249
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250213
DATE AS OF CHANGE:		20250213

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Expion360 Inc.
		CENTRAL INDEX KEY:			0001894954
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				812701049
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-94329
		FILM NUMBER:		25620200

	BUSINESS ADDRESS:	
		STREET 1:		2025 SW DEERHOUND AVE
		CITY:			REDMOND
		STATE:			OR
		ZIP:			97756
		BUSINESS PHONE:		541 -797-6714

	MAIL ADDRESS:	
		STREET 1:		2025 SW DEERHOUND AVE
		CITY:			REDMOND
		STATE:			OR
		ZIP:			97756

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			3i, LP
		CENTRAL INDEX KEY:			0001841619
		ORGANIZATION NAME:           	
		IRS NUMBER:				843800874
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		874 WALKER ROAD
		STREET 2:		SUITE C
		CITY:			DOVER
		STATE:			DE
		ZIP:			19904
		BUSINESS PHONE:		(646) 845-0040

	MAIL ADDRESS:	
		STREET 1:		140 BROADWAY
		STREET 2:		38TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001753926-24-000219</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: 3i, LP -->
          <cik>0001841619</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>2</amendmentNo>
      <securitiesClassTitle>Common Stock, par value $0.001 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001894954</issuerCik>
        <issuerName>Expion360 Inc.</issuerName>
        <issuerCusip>30218B209</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>2025 SW Deerhound Avenue</com:street1>
          <com:city>Redmond</com:city>
          <com:stateOrCountry>OR</com:stateOrCountry>
          <com:zipCode>97756</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>3i, LP</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>110087.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>110087.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>110087.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>4.9</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>This constitutes an exit filing for the reporting person. As more fully described in Item 4 of this Amendment No. 2 to Statement on Schedule 13G (this ''Amendment No. 2''), such shares and percentage are based on 2,096,082 outstanding shares of common stock, par value $0.001 per share, of the issuer (''Common Stock''), as disclosed in the issuer's registration statement on Form S-1, filed by the issuer with the U.S. Securities and Exchange Commission (''SEC'') on January 17, 2025 (the ''Registration Statement''), and do not give full effect to the shares of Common Stock issuable upon exercise of common stock purchase warrants (the ''Warrants'') held directly by the reporting person, which exercises are subject to a 4.99% beneficial ownership limitation provision (''Blocker'').</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>3i Management LLC</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>110087.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>110087.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>110087.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>4.9</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>This constitutes an exit filing for the reporting person. As more fully described in Item 4 of this Amendment No. 2, such shares and percentage are based on 2,096,082 shares of Common Stock outstanding, as disclosed in the Registration Statement, and do not give full effect to the shares of Common Stock issuable upon exercise of the Warrants held indirectly by the reporting person, which exercises are subject to a 4.99% Blocker.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Maier Joshua Tarlow</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>110087.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>110087.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>110087.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>4.9</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>This constitutes an exit filing for the reporting person. As more fully described in Item 4 of this Amendment No. 2, such shares and percentage are based on 2,096,082 shares of Common Stock outstanding, as disclosed in the Registration Statement, and do not give full effect to the shares of Common Stock issuable upon exercise of the Warrants held indirectly by the reporting person, which exercises are subject to a 4.99% Blocker.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Expion360 Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>2025 SW Deerhound Avenue, Redmond, Oregon 97756</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>(i) 3i, LP, a Delaware limited partnership ("3i");

(ii) 3i Management LLC, a Delaware limited liability company ("3i Management''); and

(iii) Maier Joshua Tarlow ("Mr. Tarlow").

The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons". Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.

The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed as Exhibit 1 to the Statement on Schedule 13G filed by the Reporting Persons with the SEC on February 5, 2024 (the "Schedule 13G"), as amended by Amendment No. 1 to Statement on Schedule 13G, filed by the Reporting Persons with the SEC on November 13, 2024 ("Amendment No. 1"), pursuant to which the Reporting Persons have agreed to file this Amendment No. 2 and all subsequent amendments to the Schedule 13G and Amendment No. 1 jointly in accordance with the provisions of Rule 13d-1(k) of the Act.

The filing of this Amendment No. 2 should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the shares of Common Stock reported herein.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>2 Wooster Street, 2nd Floor, New York, NY 10013.</principalBusinessOfficeOrResidenceAddress>
        <citizenship>3i is a Delaware limited partnership. 3i Management is a Delaware limited liability company. Mr. Tarlow is a citizen of the United States.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>The purpose of this Amendment No. 2 is to amend and supplement the Schedule 13G and Amendment No. 1 in order to update the beneficial ownership information on the cover pages and in Item 4 in each of the Schedule 13G and Amendment No. 1, including to indicate that each of the Reporting Persons have ceased to be the beneficial owner of more than five percent of the outstanding shares of Common Stock and to amend Item 5 of the Schedule 13G and Amendment No. 1 accordingly. This Amendment No. 2 constitutes an exit filing for each of the Reporting Persons.

The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 and 11 of the cover pages to this Amendment No. 2 and is incorporated herein by reference for each such Reporting Person. The ownership percentages reported are based on 2,096,082 shares of Common Stock outstanding, as disclosed in the Registration Statement.

3i holds Warrants exercisable for up to 461,007 shares of Common Stock, which are subject to a 4.99% Blocker prohibiting 3i from exercising the Warrants for shares of Common Stock if, as a result of such exercise, the holder thereof, together with its affiliates and any persons acting as a group together with such holder or any of such affiliates, would beneficially own more than 4.99% of the total number of shares of Common Stock then issued and outstanding immediately after giving effect to any such exercise.

Consequently, 3i is the beneficial owner of 110,087 shares of Common Stock (the "Shares"). 3i has the power to dispose of and the power to vote the Shares beneficially owned by it, which power may be exercised by 3i Management, the manager and general partner of 3i. Mr. Tarlow, as the manager of 3i Management, has shared power to vote and/or dispose of the Shares beneficially owned by each of 3i and 3i Management. Mr. Tarlow does not directly own the Shares. By reason of the provisions of Rule 13d-3 of the Act, Mr. Tarlow may be deemed to beneficially own the Shares beneficially owned by 3i and 3i Management, and 3i Management may be deemed to beneficially own the Shares beneficially owned by 3i.</amountBeneficiallyOwned>
        <classPercent>4.9 %</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>(A) 3i: 0.00

(B) 3i Management: 0.00

(C) Mr. Tarlow: 0.00</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>(A) 3i: 110,087.00

(B) 3i Management: 110,087.00

(C) Mr. Tarlow: 110,087.00</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>(A) 3i: 0.00

(B) 3i Management: 0.00

(C) Mr. Tarlow: 0.00</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>(A) 3i: 110,087.00

(B) 3i Management: 110,087.00

(C) Mr. Tarlow: 110,087.00</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>N</notApplicableFlag>
        <identificationAndClassificationOfGroupMembers>See Exhibit 1 filed with the Schedule 13G.</identificationAndClassificationOfGroupMembers>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <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.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>3i, LP</reportingPersonName>
      <signatureDetails>
        <signature>/s/ 3i, LP</signature>
        <title>Maier Joshua Tarlow, Manager of 3i Management LLC, General Partner of 3i, LP</title>
        <date>02/13/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>3i Management LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ 3i Management LLC</signature>
        <title>Maier Joshua Tarlow, Manager</title>
        <date>02/13/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Maier Joshua Tarlow</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Maier Joshua Tarlow</signature>
        <title>Maier Joshua Tarlow</title>
        <date>02/13/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureComments>LIST OF EXHIBITS

Exhibit No. 1 - Joint Filing Agreement, dated February 5, 2024 (incorporated by reference to Exhibit 1 to the Schedule 13G filed by the Reporting Persons with the SEC on February 5, 2024).</signatureComments>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
