0001783976-20-000008.txt : 20200518
0001783976-20-000008.hdr.sgml : 20200518
20200518103311
ACCESSION NUMBER: 0001783976-20-000008
CONFORMED SUBMISSION TYPE: SC 13D
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20200518
DATE AS OF CHANGE: 20200518
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: TENAX THERAPEUTICS, INC.
CENTRAL INDEX KEY: 0000034956
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH [8731]
IRS NUMBER: 262593535
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-58467
FILM NUMBER: 20888347
BUSINESS ADDRESS:
STREET 1: ONE COPLEY PARKWAY
STREET 2: SUITE 490
CITY: MORRISVILLE
STATE: NC
ZIP: 27560
BUSINESS PHONE: 919-806-4414
MAIL ADDRESS:
STREET 1: ONE COPLEY PARKWAY
STREET 2: SUITE 490
CITY: MORRISVILLE
STATE: NC
ZIP: 27560
FORMER COMPANY:
FORMER CONFORMED NAME: OXYGEN BIOTHERAPEUTICS, INC.
DATE OF NAME CHANGE: 20080703
FORMER COMPANY:
FORMER CONFORMED NAME: SYNTHETIC BLOOD INTERNATIONAL INC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: SINEQUANON CORP
DATE OF NAME CHANGE: 19901219
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Binsalamah Ziyad
CENTRAL INDEX KEY: 0001783976
FILING VALUES:
FORM TYPE: SC 13D
MAIL ADDRESS:
STREET 1: 2806-1850 OLD MAIN STREET
CITY: HOUSTON
STATE: TX
ZIP: 77030
SC 13D
1
schedule.txt
13D
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Tenax Therapeutics, Inc.
(Name of Issuer)
Common stock
(Title of Class of Securities)
88032L209
(CUSIP Number)
Ziyad Binsalamah
2806-1850 Old Main Street
Houston, Texas, 77030, USA
(Name, Address of Person Authorized to Receive Notices and Communications)
5/18/2020
(Date of Event which Requires Filing of this Statement)
CUSIP No. 88032L209
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Ziyad Binsalamah
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (See Instructions)
PF
5 DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Saudi Arabia
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH 7 SOLE VOTING POWER
470000
8 SHARED VOTING POWER
470000
9 SOLE DISPOSITIVE POWER
470000
10 SHARED DISPOSITIVE POWER
470000
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
470000
12 THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.1%
14 TYPE OF REPORTING PERSON (See Instructions)
IN
Item 1. Security and Issuer
(a) Name of Issuer Tenax Therapeutics, Inc.
(b) Address of Issuer's Principal Executive Offices
One Copley Parkway, Suite 490
Morrisville, North Carolina 27560
United States of America
Item 2. Identity and Background
(a) This statement on Schedule 13D is filed by Ziyad Binsalamah;
an individual legal resident of the state of Texas
(b) Address 2806-1850 Old Main Street, Houston, TX, 77030
(c) The Reporting Person is an individual investor
(d) The reporting person has not, during the last five years,
been convicted in a criminal proceeding
(e) The reporting person has not, during the last five years,
been party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and
as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of,
or prohibiting or mandating activities subject to, federal
or state securities laws or finding any violation with respect to such laws
(f) The reporting person is a citizen of Saudi Arabia
Item 3. Source or Amount of Funds or Other Consideration
A total amount of approximately $430,000.00
was paid to acquire the Shares reported
as beneficially owned by the Reporting Person.
The funds used to purchase these securities personal funds.
All Shares were purchased in the open market
Item 4. Purpose of Transaction
The Reporting Person purchased the Shares reported herein as
a passive investor based on the Reporting Person
belief that such securities represented
an attractive opportunity.
Depending on overall market conditions,
other investment opportunities available
to the Reporting Person,
and the availability of securities of the Issuer prices
that would make the purchase or sale of such securities desirable,
the Reporting Person may endeavor to
(i) increase or decrease his position in the Issuer through ,
among other things, the purchase or sale of securities of the Issuer
on the open market or in private transactions or otherwise
on such items and at such times as the Reporting Person may deem advisable
and/or (ii) enter into transaction that increase or hedge
the Reporting Person economic exposure to the Shares without
affecting the Reporting Person beneficial ownership of shares.
The Reporting person has no plans
to interfere with the Issuers plan or operations.
Item 5. Interest in Securities of the Issuer
(a) The aggregate percentage of shares reported
owned by the Reporting Person is based
on 9,218,556.00 Shares outstanding, which is the total
number of Shares outstanding as reported in the 10-Q
report on May 15, 2020
As of May 18, 2020, Ziyad Binsalamah beneficially owns 470000 or
5.1% of the outstanding Shares.
All Shares are held by the Reporting Person.
The Reporting Person does not own any Senior notes.
(b) The Reporting Person has sole power to
vote and dispose of the 470000 shares held by him individually.
(c) The following Shares were purchased in the open market
during the prior 60 days (based on settlement date):
Purchaser DATE Number of Shares AVERAGE PRICE
Ziyad Binsalamah 05/15/2020 459807 $0.89
Ziyad Binsalamah 05/18/2020 10193 $0.895
The following Shares were sold in the open market during
the prior 60 days (based on settlement date): None
Seller DATE Number of shares PRICE
(d) No person other than the Reporting Person is known to have
the right to receive, or the power to direct the receipt of dividends from,
or proceeds from the sale of, the Shares
(e) Not applicable
Item 6. Contracts, Arrangements, Understandings or relationships
with Respect to Securities of the Issue
There are no contracts, arrangements, understandings, or relationships
between the Reporting Person and any other person
with respect to any securities of the Issuer.
Item 7. Material to Be Filed as Exhibits.
None
Item 8. 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.
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.
5/18/2020
Dated
/s/
Signature
Ziyad Binsalamah, MD
Name/Title