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 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)
Cadiz Inc.
(Name of Issuer)
Common Stock, $0.01 par value per share
(Title of Class of Securities)
127537207
(CUSIP Number)
Heerema International Group Services S.A.
Route de Florissant 81
1206 Geneve
Switzerland
Attention: Jacobus Muller
Tel: + 41 22 704 13 50
with a copy to:
Brian Lee, Esq.
Dentons US LLP
1221 Avenue of the Americas
New York, New York 10020
(212) 768-6926
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 2, 2023
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
| * | 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 disclosures provided in a prior cover page. |
The information required on 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).
CUSIP No. 127537207
| 1 |
NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Heerema International Group Services S.A. |
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ☐ |
| 3 |
SEC USE ONLY
|
| 4 |
SOURCE OF FUNDS (See Instructions) WC |
| 5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
| 6 |
CITIZENSHIP OR PLACE OF ORGANIZATION Switzerland |
| 7 |
SOLE VOTING POWER 23,425,300 | |
| 8 |
SHARED VOTING POWER 0 | |
| 9 |
SOLE DISPOSITIVE POWER 23,425,300 | |
| 10 |
SHARED DISPOSITIVE POWER 0 |
| 11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 23,425,300 |
| 12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
| 13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 35.3% (1) |
| 14 |
TYPE OF REPORTING PERSON OO |
| (1) | Based on 66.3 million shares outstanding following the issuance of shares as disclosed in the Issuer’s Current Report on Form 8-K, filed with the SEC on January 31, 2023. |
2
This Amendment No. 3 to Schedule 13D is being filed by Heerema International Group Services S.A. (the “Reporting Person”), with respect to the common stock, par value $0.01 per share (the “Common Stock”) of Cadiz Inc., a Delaware corporation (the “Issuer”). This Amendment is being filed to update Item 5 to the Schedule 13D. Other than information set forth on the cover pages and Item 5 below, no other information in the Schedule 13D is being amended. Unless otherwise indicated in this Amendment, all capitalized terms have the meanings ascribed to them in the Schedule 13D.
ITEM 5. Interest in Securities of the Issuer.
(a), (b) The responses of the Reporting Person with respect to Rows 7 through 13 of the respective cover pages of the individual Reporting Person to this Schedule 13D are incorporated herein by reference.
(c) On February 2, 2023, a fund represented by the Reporting Person purchased 3,675,000 shares of common stock at a price of $3.84 per share in a registered direct offering. The terms of such investment is detailed in a Current Report on Form 8-K filed by the Issuer on January 30, 2023, and is incorporated herein by reference. Except as set forth in this Schedule 13D, the Reporting Person has not engaged in any transaction with respect to the Common Stock during the sixty days prior to the date of filing of this Schedule 13D.
(d) Not applicable.
(e) Not applicable.
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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.
Date: February 2, 2023
| HEEREMA INTERNATIONAL GROUP SERVICES S.A. | ||
| By: | /s/ Jacobus Muller | |
| Name: | Jacobus Muller | |
| Title: | Director | |
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