0001213900-23-009110.txt : 20230208 0001213900-23-009110.hdr.sgml : 20230208 20230208060521 ACCESSION NUMBER: 0001213900-23-009110 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230208 DATE AS OF CHANGE: 20230208 GROUP MEMBERS: DANIEL B. ASHER GROUP MEMBERS: MITCHELL P. KOPIN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PharmaCyte Biotech, Inc. CENTRAL INDEX KEY: 0001157075 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 621772151 STATE OF INCORPORATION: NV FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91495 FILM NUMBER: 23596931 BUSINESS ADDRESS: STREET 1: 23046 AVENIDA DE LA CARLOTA, SUITE 600 CITY: LAGUNA HILLS STATE: CA ZIP: 92653 BUSINESS PHONE: (917) 595.2850 MAIL ADDRESS: STREET 1: 23046 AVENIDA DE LA CARLOTA, SUITE 600 CITY: LAGUNA HILLS STATE: CA ZIP: 92653 FORMER COMPANY: FORMER CONFORMED NAME: NUVILEX, INC. DATE OF NAME CHANGE: 20090324 FORMER COMPANY: FORMER CONFORMED NAME: EFOODSAFETY COM INC DATE OF NAME CHANGE: 20010808 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INTRACOASTAL CAPITAL, LLC CENTRAL INDEX KEY: 0001646799 IRS NUMBER: 320460881 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 245 PALM TRAIL CITY: DELRAY BEACH STATE: FL ZIP: 33483 BUSINESS PHONE: 8475629030 MAIL ADDRESS: STREET 1: 245 PALM TRAIL CITY: DELRAY BEACH STATE: FL ZIP: 33483 SC 13G/A 1 ea172850-13ga2intra_pharma.htm AMENDMENT NO. 2 TO SCHEDULE 13G

 

 

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

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 

(Amendment No. 2)*

 

PharmaCyte Biotech, Inc.

 

(Name of Issuer)

 

Common Stock, $0.0001 par value per share

 

(Title of Class of Securities)

 

717512X203

 

(CUSIP Number)

 

December 31, 2022

 

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

a.☐ Rule 13d-1(b)
b.☒ Rule 13d-1(c)
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 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).

 

 

 

Page 1 of 6

 

 

CUSIP No.

717512X203

 
 
 

 

1. Names of Reporting Persons.
   
  Mitchell P. Kopin
   
 
 
2. Check the Appropriate Box if a Member of a Group (See Instructions)
   
  (a)
  (b)
 
 

 

3. SEC Use Only
   
   
4. Citizenship or Place of Organization     United States of America
   

 

Number of
Shares Beneficially
Owned by Each
Reporting Person
With:		 5.  Sole Voting Power 0
   
   
6.  Shared Voting Power

1,606,042

   
   
7.  Sole Dispositive Power 0
   
   
8.  Shared Dispositive Power

1,606,042

 

   
9. Aggregate Amount Beneficially Owned by Each Reporting Person     1,606,042 (see Item 4)
   
   
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
   
   
11. Percent of Class Represented by Amount in Row (9)  8.4% (see Item 4)
   
   
12. Type of Reporting Person (See Instructions)
   
  IN; HC

 

Page 2 of 6

 

 

CUSIP No. 717512X203  

 

   
1. Names of Reporting Persons.
   
 

Daniel B. Asher

   
   
2. Check the Appropriate Box if a Member of a Group (See Instructions)
   
  (a)
  (b)
   
   
3. SEC Use Only
   
   
4. Citizenship or Place of Organization     United States of America
   

 

Number of
Shares Beneficially
Owned by Each
Reporting Person
With:		 5.  Sole Voting Power

330,694

   
   
6.  Shared Voting Power

1,588,265

   
   
7.  Sole Dispositive Power

330,694

   
   
8.  Shared Dispositive Power

1,588,265

 

   
9. Aggregate Amount Beneficially Owned by Each Reporting Person     1,918,959 (see Item 4)
   
   
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
   
   
11. Percent of Class Represented by Amount in Row (9)  9.99% (see Item 4)
   
   
12. Type of Reporting Person (See Instructions)
   
  IN; HC

  

Page 3 of 6

 

 

CUSIP No.

717512X203

  

 

   
1. Names of Reporting Persons.
   
 

Intracoastal Capital LLC

   
   
2. Check the Appropriate Box if a Member of a Group (See Instructions)
   
  (a)
  (b)
   
   
3. SEC Use Only
   
   
4. Citizenship or Place of Organization     Delaware
   

 

Number of
Shares Beneficially
Owned by Each
Reporting Person
With:		 5.  Sole Voting Power 0
   
   
6.  Shared Voting Power

1,606,042

   
   
7.  Sole Dispositive Power 0
   
   
8.  Shared Dispositive Power

1,606,042

 

   
9. Aggregate Amount Beneficially Owned by Each Reporting Person     1,606,042 (see Item 4)
   
   
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
   
   
11. Percent of Class Represented by Amount in Row (9)  8.4% (see Item 4)
   
   
12. Type of Reporting Person (See Instructions)
   
  OO

  

Page 4 of 6

 

 

This Amendment No. 2 is being filed jointly by the Reporting Persons and amends the Schedule 13G initially filed by the Reporting Persons with the Securities and Exchange Commission (the “SEC”) on August 30, 2021, as amended by Amendment No. 1 thereto filed by the Reporting Persons with the SEC on February 11, 2022 (the “Schedule 13G”).

 

Except as set forth below, all Items of the Schedule 13G remain unchanged. All capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Schedule 13G.

 

Item 4. Ownership.

 

(a) and (b):

 

As of the close of business on December 31, 2022, each of Intracoastal and Mr. Kopin may have been deemed to have beneficial ownership of 1,606,042 shares of Common Stock, which consisted of (i) 1,106,042 shares of Common Stock held by Intracoastal and (ii) 500,000 shares of Common Stock issuable upon exercise of a warrant held by Intracoastal (“Intracoastal Warrant 1”), and all such shares of Common Stock represented beneficial ownership of approximately 8.4% of the Common Stock, based on (1) 18,726,582 shares of Common Stock outstanding as of December 14, 2022, as reported by the Issuer, plus (2) 500,000 shares of Common Stock issuable upon exercise of Intracoastal Warrant 1. The foregoing excludes 129,147 shares of Common Stock issuable upon exercise of a second warrant held by Intracoastal (“Intracoastal Warrant 2”) because Intracoastal Warrant 2 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 2 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder’s affiliates, and any other persons acting as a group together with the holder or any of the holder’s affiliates, of more than 4.99% of the Common Stock. Without such blocker provision, each of Intracoastal and Mr. Kopin may have been deemed to have beneficial ownership of 1,735,189 shares of Common Stock.

 

As of the close of business on December 31, 2022, Mr. Asher may have been deemed to have beneficial ownership of 1,918,959 shares of Common Stock, which consisted of (i) 1,106,042 shares of Common Stock held by Intracoastal, (ii) 330,694 shares of Common Stock held by Mr. Asher and (iii) 482,223 shares of Common Stock issuable upon exercise Intracoastal Warrant 1, and all such shares of Common Stock represented beneficial ownership of approximately 9.99% of the Common Stock, based on (1) 18,726,582 shares of Common Stock outstanding as of December 14, 2022, as reported by the Issuer, plus (2) 482,223 shares of Common Stock issuable upon exercise of Intracoastal Warrant 1. The foregoing excludes (I) 17,777 shares of Common Stock issuable upon exercise of Intracoastal Warrant 1 because Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 1 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder’s affiliates, and any other persons acting as a group together with the holder or any of the holder’s affiliates, of more than 9.99% of the Common Stock and (II) 129,147 shares of Common Stock issuable upon exercise of Intracoastal Warrant 2 because Intracoastal Warrant 2 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 2 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder’s affiliates, and any other persons acting as a group together with the holder or any of the holder’s affiliates, of more than 4.99% of the Common Stock. Without such blocker provision, Mr. Asher may have been deemed to have beneficial ownership of 2,065,883 shares of Common Stock.

 

(c) Number of shares as to which Intracoastal and Mr. Kopin has:

 

(i) Sole power to vote or to direct the vote:         0        .

 

(ii) Shared power to vote or to direct the vote:         1,606,042         .

 

(iii) Sole power to dispose or to direct the disposition of         0        .

 

(iv) Shared power to dispose or to direct the disposition of         1,606,042        .

 

Number of shares as to which Mr. Asher has:

 

(i) Sole power to vote or to direct the vote:         330,694        .

 

(ii) Shared power to vote or to direct the vote:         1,588,265        .

 

(iii) Sole power to dispose or to direct the disposition of         330,694        .

 

(iv) Shared power to dispose or to direct the disposition of         1,588,265        .

 

Item 10. Certification

 

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.

 

Page 5 of 6

 

  

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 8, 2023

 

  /s/ Mitchell P. Kopin
  Mitchell P. Kopin
   
  /s/ Daniel B. Asher
  Daniel B. Asher
   
  Intracoastal Capital LLC
   
  By: /s/ Mitchell P. Kopin
    Mitchell P. Kopin, Manager

 

Page 6 of 6