0001062993-20-000608.txt : 20200211 0001062993-20-000608.hdr.sgml : 20200211 20200211111258 ACCESSION NUMBER: 0001062993-20-000608 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200211 DATE AS OF CHANGE: 20200211 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ISSUER DIRECT CORP CENTRAL INDEX KEY: 0000843006 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL PRINTING [2750] IRS NUMBER: 261331503 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41710 FILM NUMBER: 20594916 BUSINESS ADDRESS: STREET 1: 1 GLENWOOD AVE. STREET 2: SUITE 1001 CITY: RALEIGH STATE: NC ZIP: 27603 BUSINESS PHONE: 9194611600 MAIL ADDRESS: STREET 1: 1 GLENWOOD AVE. STREET 2: SUITE 1001 CITY: RALEIGH STATE: NC ZIP: 27603 FORMER COMPANY: FORMER CONFORMED NAME: DOCUCON INC DATE OF NAME CHANGE: 20071002 FORMER COMPANY: FORMER CONFORMED NAME: DOCUCON INCORPORATED DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Polar Asset Management Partners Inc. CENTRAL INDEX KEY: 0001326389 IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 401 BAY STREET STREET 2: SUITE 1900, P.O. BOX 19 CITY: TORONTO STATE: A6 ZIP: M5H 2Y4 BUSINESS PHONE: 416-367-4364 MAIL ADDRESS: STREET 1: 401 BAY STREET STREET 2: SUITE 1900, P.O. BOX 19 CITY: TORONTO STATE: A6 ZIP: M5H 2Y4 FORMER COMPANY: FORMER CONFORMED NAME: Polar Securities Inc. DATE OF NAME CHANGE: 20050506 SC 13G/A 1 formsc13ga-issuerdirect.htm FORM SC 13G/A Polar Asset Management Partners Inc.: Form SC 13G/A - Filed by newsfilecorp.com

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

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

Issuer Direct Corporation

(Name of Issuer)

 

Common Stock, par value $0.001

(Title of Class of Securities)

 

46520M204

(CUSIP Number)

 

December 31, 2019

(Date of Event Which Requires Filing of this Statement)

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

 [X]  Rule 13d-1(b)

 [   ]  Rule 13d-1(c)

 [   ] Rule 13d-1(d)

(Page 1 of 6 Pages)

*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).


CUSIP No.  46520M204 13G/A Page 2 of 5 Pages

 

1

Names of Reporting Persons

 Polar Asset Management Partners Inc.

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

 Canada

Number of
Shares
Beneficially
Owned by Each
Reporting Person
With:

5

Sole Voting Power

327,397

6

Shared Voting Power

 

7

Sole Dispositive Power

     327,397

8

Shared Dispositive Power

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

327,397

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

[   ]

11

Percent of class represented by amount in row (9)

8.62%

12

Type of Reporting Person (See Instructions)

IA



CUSIP No.  46520M204 13G/A Page 3 of 5 Pages

Item 1.

(a) Name of Issuer:

The name of the issuer is Issuer Direct Corporation (the "Company").

(b) Address of Issuer's Principal Executive Offices:

The Company's principal executive offices are located at 1 Glenwood Ave, Suite 1001, Raleigh, NC  27603.

Item 2.

(a) Name of Person Filing:

This statement is filed by Polar Asset Management Partners Inc., a company incorporated under the laws of Ontario, Canada, which serves as investment advisor to Polar Micro-Cap Fund, an Ontario open-ended investment trust ("PMCF"), with respect to the Shares (as defined below) directly held by PMCF.

The filing of this statement should not be construed as an admission that the Reporting Person is, for the purposes of Section 13 of the Act, the beneficial owner of the Shares reported herein.

(b) Address of Principal Business Office or, if None, Residence:

The address of the business office of the Reporting Person is 401 Bay Street, Suite 1900, PO Box 19, Toronto, Ontario M5H 2Y4, Canada.

(c) Citizenship:

The citizenship of the Reporting Person is Canada.

(d) Title and Class of Securities:

Common Stock, par value $0.001 (the "Shares").

(e) CUSIP No.:

46520M204

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;

 (b) [   ] Bank as defined in Section 3(a)(6) of the Act;

 (c) [   ] Insurance company as defined in Section 3(a)(19) of the Act;

 (d) [   ] Investment company registered under Section 8 of the Investment Company Act of 1940;


CUSIP No.  46520M204 13G/A Page 4 of 5 Pages

 (e) [   ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

 (f) [   ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

 (g) [   ] A parent holding company or control person in accordance with Rule 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;

 (j) [X] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);

 (k) [   ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

 If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

 The Reporting Person is an investment fund manager, portfolio manager, exempt market dealer and commodity trading manager registered with the Ontario Securities Commission.

Item 4. Ownership

The percentages used herein are calculated based upon 3,798,225 Shares reported to be outstanding as of October 31, 2019 as disclosed in the Company's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2019, filed with the Securities and Exchange Commission on October 31, 2019.

The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for the Reporting Person and is incorporated herein by reference.

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [  ].

Item 6. Ownership of more than Five Percent on Behalf of Another Person.

 See Item 2. PCMF has the right to receive or the power to direct the receipt of dividends from or the proceeds from the sale of more than 5% of the Shares.

Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person.

 Not applicable.

Item 8. Identification and classification of members of the group.

 Not applicable.

Item 9. Notice of Dissolution of Group.


CUSIP No.  46520M204 13G/A Page 5 of 5 Pages

 Not applicable.

Item 10. Certifications.

 By signing below the Reporting Person certifies that, to the best of its knowledge and belief, (i) the securities referred to above were acquired and are held in the ordinary course of business and 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 and (ii) the foreign regulatory schemes applicable to investment fund managers and broker-dealers are substantially comparable to the regulatory schemes applicable to the functionally equivalent U.S. institutions. The Reporting Person also undertakes to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated:  February 11, 2020

POLAR ASSET MANAGEMENT PARTNERS INC.

/s/ Greg Lemaich                                                        
Name:  Greg Lemaich
Title:  General Counsel