Sec Form 13G Filing - ALPHA CAPITAL ANSTALT filing for Dror Ortho-Design Inc. (DROR) - 2024-01-10

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G/A

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(AMENDMENT NO. 3)

 

DROR ORTHO-DESIGN, INC. f/k/a NOVINT TECHNOLOGIES, INC.

 

(Name of Issuer)

 

COMMON STOCK, PAR VALUE $0.0001

 

(Title of Class of Securities)

 

670085109

 

(CUSIP Number)

 

December 31, 2023

 

(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(c)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(Continued on following page(s)

 

Page 1 of 5 Pages

 

 

 

 

 

 

CUSIP No. 670085109  13G/A  Page 2 of 5 Pages

 

1.NAMES OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Alpha Capital Anstalt 

 

2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:

(a) ☐ 

(b) ☐

 

3.SEC USE ONLY

 

 

4.CITIZENSHIP OR PLACE OF ORGANIZATION

 

Liechtenstein

 

5.SOLE VOTING POWER, NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON – 10,736,961 Shares (1) 

 

 

6.SHARED VOTING POWER – None

 

 

7.SOLE DISPOSITIVE POWER – 10,736,961 Shares (1) 

 

 

8.SHARED DISPOSITIVE POWER – None

 

 

9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON – 10,736,961 Shares (1) 

 

 

10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

 

11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

2.167%

 
12.TYPE OF REPORTING PERSON

 

CO

 

 

(1)

Based on 495,454,546 shares outstanding as of November 20, 2023 as reported on Form 10-Q filed with the Securities and Exchange Commission on November 20, 2023.

 

 

 

 

CUSIP No. 670085109  13G/A  Page 3 of 5 Pages

 

ITEM 1 (a) NAME OF ISSUER: Dror Ortho-Design, Inc. (f/k/a Novint Technologies, Inc.), a Delaware corporation

 

ITEM 1 (b) ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:

 

Shatner Street 3, Jerusalem, Israel

 

ITEM 2 (a) NAME OF PERSON FILING: Alpha Capital Anstalt

 

ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

 

Altenbach 8, FL-9490 Vaduz, Liechtenstein

 

ITEM 2 (c) CITIZENSHIP: Liechtenstein

 

ITEM 2 (d) TITLE OF CLASS OF SECURITIES: Common Stock, par value $0.0001

 

ITEM 2 (e) CUSIP NUMBER: 670085109

 

ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B): Not applicable

 

ITEM 4 OWNERSHIP

 

(a) AMOUNT BENEFICIALLY OWNED: 10,736,961 Shares (1) 

 

(b) PERCENT OF CLASS: 2.167%

  ;

(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

 

(i) SOLE POWER TO VOTE OR DIRECT THE VOTE

 

10,736,961 Shares (1) 

 

(ii) SHARED POWER TO VOTE OR DIRECT THE VOTE

 

0 Shares

 

(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

 

10,736,961 Shares (1) 

 

(iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

 

0 Shares

 

 

 

 

CUSIP No. 670085109  13G/A  Page 4 of 5 Pages

 

ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

 

Alpha Capital Anstalt’s ownership is now below 5%.

 

ITEM 6 OWNERSHIP OF MORE THAN FIVE 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

 

Not applicable

 

ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP

 

Not applicable

 

ITEM 9 NOTICE OF DISSOLUTION OF GROUP

 

Not applicable

 

 

 

 

CUSIP No. 670085109  13G/A  Page 5 of 5 Pages

 

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.

 

 

January 10, 2024

  (Date)
   
  /s/ Konrad Ackermann
  (Signature)
   
  Konrad Ackermann, Director
  (Name/Title)