0001493152-16-010102.txt : 20160519 0001493152-16-010102.hdr.sgml : 20160519 20160519163641 ACCESSION NUMBER: 0001493152-16-010102 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20160519 DATE AS OF CHANGE: 20160519 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Venaxis, Inc. CENTRAL INDEX KEY: 0001167419 STANDARD INDUSTRIAL CLASSIFICATION: IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES [2835] IRS NUMBER: 841553387 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79102 FILM NUMBER: 161663628 BUSINESS ADDRESS: STREET 1: 1585 S. PERRY STREET CITY: CASTLE ROCK STATE: CO ZIP: 80104 BUSINESS PHONE: (303) 794-2000 MAIL ADDRESS: STREET 1: 1585 S. PERRY STREET CITY: CASTLE ROCK STATE: CO ZIP: 80104 FORMER COMPANY: FORMER CONFORMED NAME: AspenBio Pharma, Inc. DATE OF NAME CHANGE: 20051110 FORMER COMPANY: FORMER CONFORMED NAME: ASPENBIO INC DATE OF NAME CHANGE: 20020213 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MGT CAPITAL INVESTMENTS INC CENTRAL INDEX KEY: 0001001601 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 133758042 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 500 MAMARONECK AVENUE - SUITE 204 CITY: HARRISON STATE: NY ZIP: 10528 BUSINESS PHONE: (914) 630-7430 MAIL ADDRESS: STREET 1: 500 MAMARONECK AVENUE - SUITE 204 CITY: HARRISON STATE: NY ZIP: 10528 FORMER COMPANY: FORMER CONFORMED NAME: MEDICSIGHT INC DATE OF NAME CHANGE: 20021113 FORMER COMPANY: FORMER CONFORMED NAME: HTTP TECHNOLOGY INC DATE OF NAME CHANGE: 20001016 FORMER COMPANY: FORMER CONFORMED NAME: INTERNET HOLDINGS INC DATE OF NAME CHANGE: 19980520 SC 13D/A 1 sc13da.htm

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 13D/A

(Amendment No. 1)

 

Under the Securities Exchange Act of 1934

 

VENAXIS, INC.

(Name of Issuer)

 

Common Stock, no par value

(Title of Class of Securities)

 

92262A206

(CUSIP Number)

 

Robert Ladd

Chief Executive Officer

MGT Capital Investments, Inc.

500 Mamaroneck Avenue, Suite 320,

Harrison, NY 10528

(914) 630-7430

 

Copies to:

 

Jay M. Kaplowitz, Esq.

Sichenzia Ross Friedman Ference LLP
61 Broadway

New York, NY 10006

 212 930 9700 

 

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

May 17, 2016

(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. 92262A206
1

Names of reporting persons

 

MGT Capital Investments, Inc.

 

2

Check the appropriate box if a member of a group

(a) [X] (b) [  ]

 

3

SEC use only

 

4

Source of funds

WC

 

5

Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) [  ]

 

6

Citizenship or place of organization

 

Delaware

 

Number of
shares
beneficially
owned by each
reporting
person with		 7

Sole voting power

 

0

 

8

Shared voting power

 

112,0001

 

9

Sole dispositive power

 

0

 

10

Shared dispositive power

 

112,0001

 

11

Aggregate amount beneficially owned by each reporting person

 

112,0001

 

12

Check if the aggregate amount in Row (11) excludes certain shares [  ]

 

13

Percent of class represented by amount in Row (11)

 

2.89%2

 

14

Type of reporting person

 

CO

 

 

1.Owned through MGT Sports, which is a wholly owned subsidiary of MGT Capital Investments Inc.
   
2.Calculated based on 3,876,960 shares of the Common Stock outstanding as of May 11, 2016, as reported in the Issuer’s Form 10-Q for the period ended March 31, 2016 filed with the SEC on May 11, 2016.

 

 
 

 

CUSIP No. 92262A206
1

Names of reporting persons

 

Robert B. Ladd

 

2

Check the appropriate box if a member of a group

(a) [X] (b) [  ]

 

3

SEC use only

 

4

Source of funds

PF

 

5

Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) [  ]

 

6

Citizenship or place of organization

 

United States

 

Number of
shares
beneficially
owned by each
reporting
person with		 7

Sole voting power

 

82,383

 

8

Shared voting power

 

194,383

 

9

Sole dispositive power

 

82,383

 

10

Shared dispositive power

 

194,383

 

11

Aggregate amount beneficially owned by each reporting person

 

194,383

 

12

Check if the aggregate amount in Row (11) excludes certain shares [  ]

 

13

Percent of class represented by amount in Row (11)

 

5.01%2

 

14

Type of reporting person

 

IN

 

 

 

1. Include 112,000 shares indirectly owned by MGT Capital Investments Inc., where Mr. Ladd serves as CEO and interim CFO.

 

2. Calculated based on 3,876,960 shares of the Common Stock outstanding as of May 11, 2016, as reported in the Issuer’s Form 10-Q for the period ended March 31, 2016 filed with the SEC on May 11, 2016

 

 
 

 

Explanatory Notes

 

This Amendment No. 1 amends and supplements the Schedule 13D filed with the Securities and Exchange Commission on May 18, 2016 (the “Original Schedule 13D”) relating to the common stock, no par value (the “Common Stock”), of Venaxis, Inc. a Colorado corporation (the “Issuer”). The address of the principal executive office of the Issuer is 1585 South Perry Street, Castle Rock, Colorado 80104.

 

Capitalized terms not defined herein shall have the meaning ascribed to them in the Original Schedule 13D. Except as set forth herein, the Original Schedule 13D is unmodified.

 

Items 1 and Item 6 and the Exhibit 1.1 of the Original Schedule 13D are hereby amended and supplemented as follows:

 

Item 1. Security and Issuer

 

The title and class of equity securities to which this Schedule 13D relates is common stock, no par value (the “Common Stock”), of Venaxis, Inc. a Colorado corporation (the “Issuer”). The address of the principal executive office of the Issuer is 1585 South Perry Street, Castle Rock, Colorado 80104.

 

Item 6. Contracts, Arrangements, Understandings, or Relationships with Respect to Securities of the Issuer.

 

The Reporting Persons have entered into the Joint Filing Agreement attached hereto as Exhibit 24.1.

 

To the best knowledge of the Reporting Persons, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2, and between such persons and any person, with respect to any securities of the Issuer, including but not limited to transfer or voting of any of the securities of the Issuer, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees or profits, division of profits or loss, or the giving or withholding of proxies, or a pledge or contingency, the occurrence of which would give another person voting power or investment power over the securities of the Issuer.

 

 
 

 

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.

 

    MGT Capital Investment Inc.
       
Date: May 19, 2016 By: /s/ Robert B. Ladd
    Name: Robert B. Ladd
    Title: President and Chief Executive Officer
       
    Robert B. Ladd
       
Date: May 19, 2016 By: /s/ Robert B. Ladd
    Name: Robert B. Ladd

 

 
 

 

Exhibit Index

 

Exhibit

 

Reference   Description
1.1   Transactions in Shares (furnished herewith)
24.1   Joint Filing Agreement and Power of Attorney (furnished herewith) *

 

* Filed with the Original SC13D.

 

 
 

  

 EX-1.1 2 ex1-1.htm

 

Exhibit 1.1

 

Transactions in the Shares — The Reporting Persons

 

Trade Date  Number of Shares   Price Per Share 
4/11/2016   8,000   $3.10 
4/12/2016   5,000   $3.05 
4/15/2016   200   $3.01 
4/26/1016   18,800   $2.97 
4/29/2016   500   $2.99 
4/29/2016   2,500   $2.99 
5/05/2016   11,000   $2.89 
5/10/2016   3,000   $2.77 
5/11/2016   100   $3.10 
5/11/2016   300   $3.10 
5/11/2016   4,500   $3.10 
5/11/2016   300   $3.10 
5/11/2016   300   $3.10 
5/11/2016   6   $3.11 
5/11/2016   5,000   $3.12 
5/11/2016   100   $3.10 
5/11/2016   200   $3.10 
5/11/2016   100   $3.10 
5/11/2016   200   $3.10 
5/11/2016   200   $3.12 
5/11/2016   63   $3.12 
5/11/2016   100   $3.12 
5/11/2016   100   $3.12 
5/11/2016   3   $3.12 
5/11/2016   100   $3.12 
5/11/2016   28   $3.12 
5/13/2016   500   $3.01 
5/16/2016   1   $3.27 
5/16/2016   4,752   $3.32 
5/16/2016   5,000   $3.36 
5/16/2016   247   $3.32 
5/16/2016   2,900   $3.31 
5/16/2016   3,000   $3.34 
5/16/2016   63   $3.34 
5/16/2016   2,500   $3.34 
5/16/2016   100   $3.34 
5/16/2016   1,685   $3.38 
5/16/2016   300   $3.34 
5/16/2016   815   $3.38 
5/16/2016   100   $3.34 
5/16/2016   3,000   $3.40 
5/16/2016   103   $3.34 
5/16/2016   100   $3.53 
5/16/2016   100   $3.53 
5/16/2016   100   $3.53 
5/16/2016   2,405   $3.53 
5/16/2016   295   $3.53 
5/16/2016   125   $3.55 
5/16/2016   75   $3.55 
5/16/2016   25   $3.54 
5/16/2016   300   $3.59 
5/16/2016   100   $3.58 
5/16/2016   2,575   $3.59 
5/16/2016   500   $3.55 
5/16/2016   1,075   $3.55 
5/16/2016   375   $3.55 
5/16/2016   375   $3.55 
5/16/2016   475   $3.55 
5/16/2016   100   $3.50 
5/16/2016   100   $3.59 
5/16/2016   100   $3.50 
5/16/2016   100   $3.59 
5/16/2016   100   $3.50 
5/16/2016   100   $3.59 
5/16/2016   1,000   $3.60 
5/16/2016   117   $3.51 
5/16/2016   83   $3.50 
5/16/2016   1,100   $3.60 
5/16/2016   100   $3.50 
5/16/2016   875   $3.58 
5/16/2016   300   $3.57 
5/16/2016   100   $3.58 
5/16/2016   142   $3.58 
5/16/2016   400   $3.58 
5/16/2016   27,860   $3.71 
5/16/2016   300   $3.60 
5/17/2016   40,640   $4.12 
5/17/2016   1,000   $4.08 
5/17/2016   900   $4.00 
5/17/2016   300   $3.96 
5/17/2016   100   $4.00 
5/17/2016   500   $4.00 
5/17/2016   1,200   $4.00 
5/17/2016   100   $4.09 
5/17/2016   2,900   $4.09 
5/17/2016   100   $3.88 
5/17/2016   3,200   $3.88 
5/17/2016   1,700   $3.88 
5/17/2016   100   $3.99 
5/17/2016   2,900   $3.99 
5/17/2016   1,000   $4.05 
5/17/2016   825   $4.05 
5/17/2016   1,000   $4.05 
5/17/2016   825   $4.05 
5/17/2016   300   $4.05 
5/17/2016   175   $4.04 
5/17/2016   800   $4.05 
5/17/2016   175   $4.05 
5/17/2016   200   $4.05 
5/17/2016   800   $4.05 
5/17/2016   700   $4.05 
5/17/2016   4,200   $4.05 
Total   194,383