| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Stock |
| (b) | Name of Issuer:
VASO Corp |
| (c) | Address of Issuer's Principal Executive Offices:
137 Commercial Street, Suite 200, Plainview,
NEW YORK
, 11803. |
| Item 2. | Identity and Background |
|
| (a) | This Schedule 13D is being filed by Jun Ma (the "Reporting Person") |
| (b) | The principal business address for the Reporting Person is 137 Commercial Street, Suite 200, Plainview, New York 11803. |
| (c) | The principal occupation of the Reporting Person is President and CEO of Vaso Corporation, the business address of which is 137 Commercial Street, Suite 200, Plainview, New York 11803. |
| (d) | The Reporting Person has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). |
| (e) | The Reporting Person has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction resulting in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violations with respect to such laws. |
| (f) | The reporting person is a United States citizen. |
| Item 3. | Source and Amount of Funds or Other Consideration |
| | 9,749,834 shares were granted to the Reporting Person by the Company. An additional 777,312 Shares were purchased by the Reporting Person using personal funds. |
| Item 4. | Purpose of Transaction |
| | The Reporting Person acquired the Shares for investment purposes. Pursuant to an Employment Agreement between the Issuer and the Reporting Person, the Reporting Person is entitled to participate in the Issuer's equity compensation programs, with grants being subject to the discretion of the Board of Directors of the Issuer. |
| Item 5. | Interest in Securities of the Issuer |
| (a) | For information regarding beneficial ownership of the Reporting Person, see items 7-11 of the cover page of this Schedule 13D. |
| (b) | For information regarding beneficial ownership of the Reporting Person, see items 7-11 of the cover page of this Schedule 13D. |
| (c) | The Reporting Person has not engaged in any transactions in the Issuer's securities in the past 60 days. |
| (d) | No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares. |
| (e) | Not applicable. |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
| | The Reporting Person has not entered into any contracts, arrangements, understandings or relationships with respect to securities of the Issuer other than the Employment Agreement, described in Item 4 above. |
