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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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO § 240.13d-2
(Amendment No. 1)*
PolyPid Ltd.
(Name of Issuer)
Ordinary Shares, no par value
(Title of Class of Securities)
M8001Q126
(CUSIP Number)
Rodney Hodges
Director
c/o Geneva Trust Company (GTC) SA, Rue de l’Athénée 34
1206
Genève, Switzerland
Tel +41 22 789 1200
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
September 30, 2024
(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(b) |
☒ | Rule 13d-1(c) |
☐ | Rule 13d-1(d) |
* | 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 (the “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. M8001Q126 | 13G/A | Page 2 of 13 Pages |
1. | NAMES OF REPORTING PERSON Rodney Hodges |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐ |
3. | SEC USE ONLY |
4. | CITIZENSHIP OR PLACE OF ORGANIZATION United Kingdom |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. |
SOLE VOTING POWER 0 |
6. | SHARED VOTING POWER 632,431 | |
7. |
SOLE DISPOSITIVE POWER 0 | |
8. | SHARED DISPOSITIVE POWER 632,431 |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
632,431 |
10. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ |
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.3%(1) |
12. | TYPE OF REPORTING PERSON (see instructions) IN |
(1) | Percentage is based on the 6,803,478 Ordinary Shares of the Issuer that were outstanding as of August 27, 2024, based on information contained in the Form F-3 filed by the Issuer on August 30, 2024. |
CUSIP No. M8001Q126 | 13G/A | Page 3 of 13 Pages |
1. | NAMES OF REPORTING PERSON POD Sàrl |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐ |
3. | SEC USE ONLY |
4. | CITIZENSHIP OR PLACE OF ORGANIZATION Switzerland |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER 0 |
6. |
SHARED VOTING POWER 632,431 | |
7. | SOLE DISPOSITIVE POWER 0 | |
8. |
SHARED DISPOSITIVE POWER 632,431 |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
632,431 |
10. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ |
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.3%(1) |
12. | TYPE OF REPORTING PERSON (see instructions) CO |
(1) | Percentage is based on the 6,803,478 Ordinary Shares of the Issuer that were outstanding as of August 27, 2024, based on information contained in the Form F-3 filed by the Issuer on August 30, 2024. |
CUSIP No. M8001Q126 | 13G/A | Page 4 of 13 Pages |
1. | NAMES OF REPORTING PERSON Geneva Holding Company (GHC) SA |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐ |
3. | SEC USE ONLY |
4. | CITIZENSHIP OR PLACE OF ORGANIZATION Switzerland |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER 0 |
6. |
SHARED VOTING POWER 632,431 | |
7. | SOLE DISPOSITIVE POWER 0 | |
8. |
SHARED DISPOSITIVE POWER 632,431 |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
632,431 |
10. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ |
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.3%(1) |
12. | TYPE OF REPORTING PERSON (see instructions) HC |
(1) | Percentage is based on the 6,803,478 Ordinary Shares of the Issuer that were outstanding as of August 27, 2024, based on information contained in the Form F-3 filed by the Issuer on August 30, 2024. |
CUSIP No. M8001Q126 | 13G/A | Page 5 of 13 Pages |
1. | NAMES OF REPORTING PERSON Geneva Trust Company (GTC) SA |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐ |
3. | SEC USE ONLY |
4. | CITIZENSHIP OR PLACE OF ORGANIZATION Switzerland |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER 0 |
6. |
SHARED VOTING POWER 632,431 | |
7. | SOLE DISPOSITIVE POWER 0 | |
8. |
SHARED DISPOSITIVE POWER 632,431 |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
632,431 |
10. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ |
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.3%(1) |
12. | TYPE OF REPORTING PERSON (see instructions) HC |
(1) | Percentage is based on the 6,803,478 Ordinary Shares of the Issuer that were outstanding as of August 27, 2024, based on information contained in the Form F-3 filed by the Issuer on August 30, 2024. |
CUSIP No. M8001Q126 | 13G/A | Page 6 of 13 Pages |
1. | NAMES OF REPORTING PERSON Centaurus Investments Limited |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐ |
3. | SEC USE ONLY |
4. | CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER 0 |
6. |
SHARED VOTING POWER 609,642 | |
7. | SOLE DISPOSITIVE POWER 0 | |
8. |
SHARED DISPOSITIVE POWER 609,642 |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
609,642 |
10. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ |
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.0%(1) |
12. | TYPE OF REPORTING PERSON (see instructions) HC |
(1) | Percentage is based on the 6,803,478 Ordinary Shares of the Issuer that were outstanding as of August 27, 2024, based on information contained in the Form F-3 filed by the Issuer on August 30, 2024. |
CUSIP No. M8001Q126 | 13G/A | Page 7 of 13 Pages |
1. | NAMES OF REPORTING PERSON Xenia Venture Capital Limited |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐ |
3. | SEC USE ONLY |
4. | CITIZENSHIP OR PLACE OF ORGANIZATION Israel |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER 0 |
6. |
SHARED VOTING POWER 540,468 | |
7. | SOLE DISPOSITIVE POWER 0 | |
8. |
SHARED DISPOSITIVE POWER 540,468 |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
540,468 |
10. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ |
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.9%(1) |
12. | TYPE OF REPORTING PERSON (see instructions) HC |
(1) | Percentage is based on the 6,803,478 Ordinary Shares of the Issuer that were outstanding as of August 27, 2024, based on information contained in the Form F-3 filed by the Issuer on August 30, 2024. |
CUSIP No. M8001Q126 | 13G/A | Page 8 of 13 Pages |
Item 1.
(a) | Name of Issuer PolyPid Ltd. (the “Issuer”) |
(b) | Address
of Issuer’s Principal Executive Offices Petach Tikva 495376, Israel |
Item 2.
(a) | Name of Person Filing:
This Statement of Beneficial Ownership on Schedule 13G, filed on October 28, 2024 (the “Statement”) is being filed by each of:
(i) Xenia Venture Capital Limited;
(ii) Centaurus Investments Limited;
(iii) Geneva Holding Company (GHC) SA;
(iv) Geneva Trust Company (GTC) SA;
(v) POD Sàrl (all of which, above, are the “Reporting Entities”); and
(vi) Rodney Hodges (the “Reporting Individual”),
(each a “Reporting Person” and, collectively, the “Reporting Persons”). This Schedule 13G is being filed pursuant to a Joint Filing Agreement (the “Joint Filing Agreement”), a copy of which was filed as Exhibit 99.1 to the Schedule 13G filed on September 20, 2023.
Xenia Venture Capital Limited (“Xenia”) is an investment holding company that purchased Ordinary Shares (as defined below) of the Issuer that are the subject of this Statement of Beneficial Ownership on Schedule 13G. The entire share capital of Centaurus Investments Limited, the parent holding company of Xenia, is held by Geneva Trust Company (GTC) SA (as trustee of the VT Two Trust). Geneva Trust Company (GTC) SA (a subsidiary of Geneva Holding Company (GHC) SA), as trustee of VT Two Trust, has the authority to dispose of and exercise control over the disposal of the assets of the VT Two Trust. POD Sàrl, of which Mr. Rodney Hodges holds 100% of the share capital, wholly owns Geneva Holding Company (GHC) SA.
The Reporting Individual does not make day-to-day voting or investment decisions with respect to the Ordinary Shares held by the Reporting Entities and therefore disclaims beneficial ownership of them except to the extent of his pecuniary interest therein. |
(b) | Address of Principal Business Office or, if None, Residence:
The principal business office of each of the Reporting Persons are:
Rodney Hodges, Rue de l’Athénée 34, 1206 Genève, Switzerland POD Sàrl, Rue de l’Athénée 34, 1206 Genève, Switzerland Geneva Holding Company (GHC) SA, Rue de l’Athénée 34, 1206 Genève, Switzerland Geneva Trust Company (GTC) SA, Rue de l’Athénée 34, 1206 Genève, Switzerland Centaurus Investments Limited, Rue de l’Athénée 34, 1206 Genève, Switzerland Xenia Venture Capital Limited, Yigal Alon 76, 6706701 Tel Aviv, Israel |
(c) | Citizenship:
|
(d) | Title
of Class of Securities Ordinary shares, no par value per share (“Ordinary Shares”) |
(e) | CUSIP
Number M8001Q126 |
CUSIP No. M8001Q126 | 13G/A | Page 9 of 13 Pages |
Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a) | ☐ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). |
(b) | ☐ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). |
(c) | ☐ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). |
(d) | ☐ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). |
(e) | ☐ | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
(f) | ☐ | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
(g) | ☐ | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); |
(h) | ☐ | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
(i) | ☐ | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
(j) | ☐ | A non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J); |
(k) | ☐ | Group, in accordance with §240.13d-1(b)(1)(ii)(K). |
If filing as a non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J), please specify the type of institution: ________
Not applicable.
Item 4. Ownership.
(a) (b) Number and percentage of Issuer Ordinary Shares beneficially owned by each Reporting Person:
Reporting Person | Number of Ordinary Shares | Percentage of Class | ||||||
Rodney Hodges | 632,431 | 9.3 | % | |||||
POD Sàrl | 632,431 | 9.3 | % | |||||
Geneva Holding Company (GHC) SA | 632,431 | 9.3 | % | |||||
Geneva Trust Company (GTC) SA | 632,431 | 9.3 | % | |||||
Centaurus Investments Limited | 609,642 | 9.0 | % | |||||
Xenia Venture Capital Limited | 540,468 | 7.9 | % |
CUSIP No. M8001Q126 | 13G/A | Page 10 of 13 Pages |
With respect to each of the Reporting Persons:
(a) | Number of shares as to which the Reporting Person has: | |
(i) | Sole power to vote or to direct the vote: Rodney Hodges: 0 POD Sàrl: 0 Geneva Holding Company (GHC) SA: 0 Geneva Trust Company (GTC) SA: 0 Centaurus Investments Limited: 0 Xenia Venture Capital Limited: 0
| |
(ii) | Shared power to vote or to direct the vote: Rodney Hodges: 632,431 POD Sàrl: 632,431 Geneva Holding Company (GHC) SA: 632,431 Geneva Trust Company (GTC) SA: 632,431 Centaurus Investments Limited: 609,642 Xenia Venture Capital Limited: 540,468 | |
(iii) | Sole power to dispose or to direct the disposition of: Rodney Hodges: 0 POD Sàrl: 0 Geneva Holding Company (GHC) SA: 0 Geneva Trust Company (GTC) SA: 0 Centaurus Investments Limited: 0 Xenia Venture Capital Limited: 0 | |
(iv) | Shared power to dispose or to direct the disposition of: Rodney Hodges: 632,431 POD Sàrl: 632,431 Geneva Holding Company (GHC) SA: 632,431 Geneva Trust Company (GTC) SA: 632,431 Centaurus Investments Limited: 609,642 Xenia Venture Capital Limited: 540,468 |
Based on the Form F-3 filed by the Issuer on August 30, 2024, there were 6,803,478 Ordinary Shares of the Issuer outstanding as of August 27, 2024.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
CUSIP No. M8001Q126 | 13G/A | Page 11 of 13 Pages |
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 the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Each of the Reporting Persons hereby certifies as follows:
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.
CUSIP No. M8001Q126 | 13G/A | Page 12 of 13 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.
RODNEY HODGES | POD SÀRL | |||
By: | /s/ Rodney Hodges | By: | /s/ Rodney Hodges | |
Name: | Rodney Hodges | Name: | Rodney Hodges | |
Date: | October 28, 2024 | Title: | Authorized Signatory | |
Date: | October 28, 2024 |
GENEVA HOLDING COMPANY (GHC) SA | XENIA VENTURE CAPITAL LIMITED | |||
By: | /s/ Rodney Hodges | By: | /s/ Eli Sorzon | |
Name: | Rodney Hodges | Name: | Eli Sorzon | |
Title: | Authorized Signatory | Title: | Authorized Signatory | |
Date: | October 28, 2024 | Date: | October 28, 2024 |
By: | /s/ Tobias Reinmann | |||
Name: | Tobias Reinmann | |||
Title: | Authorized Signatory | |||
Date: | October 28, 2024 |
GENEVA TRUST COMPANY (GTC) SA | ||
By: | /s/ Rodney Hodges | |
Name: | Rodney Hodges | |
Title: | Authorized Signatory | |
Date: | October 28, 2024 | |
By: | /s/ Tobias Reinmann | |
Name: | Tobias Reinmann | |
Title: | Authorized Signatory | |
Date: | October 28, 2024 | |
CENTAURUS INVESTMENTS LIMITED | ||
By: | /s/ Rodney Hodges | |
Name: | Rodney Hodges | |
Title: | Authorized Signatory for and on behalf of Champel Directors Limited | |
Date: | October 28, 2024 | |
By: | /s/ Tobias Reinmann | |
Name: | Tobias Reinmann | |
Title: | Authorized Signatory for and on behalf of Florissant Global Limited | |
Date: | October 28, 2024 |
CUSIP No. M8001Q126 | 13G/A | Page 13 of 13 Pages |
EXHIBIT INDEX