0001144204-19-046316.txt : 20190927 0001144204-19-046316.hdr.sgml : 20190927 20190927170138 ACCESSION NUMBER: 0001144204-19-046316 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190927 DATE AS OF CHANGE: 20190927 GROUP MEMBERS: ALTO OPPORTUNITY MASTER FUND, SPC - SEGREGATED MASTER PORTFOLIO B GROUP MEMBERS: WAQAS KHATRI SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMERI Holdings, Inc. CENTRAL INDEX KEY: 0000890821 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 954484725 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-53543 FILM NUMBER: 191122782 BUSINESS ADDRESS: STREET 1: 5000 RESEARCH COURT, SUITE 750 CITY: SUWANEE STATE: GA ZIP: 30024 BUSINESS PHONE: 770-935-4152 MAIL ADDRESS: STREET 1: 5000 RESEARCH COURT, SUITE 750 CITY: SUWANEE STATE: GA ZIP: 30024 FORMER COMPANY: FORMER CONFORMED NAME: SPATIALIZER AUDIO LABORATORIES INC DATE OF NAME CHANGE: 19950323 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Ayrton Capital LLC CENTRAL INDEX KEY: 0001698148 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 222 BROADWAY STREET 2: FL 19 CITY: NEW YORK STATE: NY ZIP: 10038 BUSINESS PHONE: 646-793-9056 MAIL ADDRESS: STREET 1: 222 BROADWAY STREET 2: FL 19 CITY: NEW YORK STATE: NY ZIP: 10038 SC 13G 1 tv530208_sc13g.htm SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. ____)*

 

 

Ameri Holdings, Inc.

(Name of Issuer)

 

Common Stock, $0.01 par value per share

(Title of Class of Securities)

 

02362F104

(CUSIP Number)

 

September 19, 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:

 

¨Rule 13d-1(b)

 

xRule 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 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 8 Pages 

 

 

CUSIP No. 02362F104

 

 

1.Names of Reporting Persons

 

Waqas Khatri

 

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

 

Pakistan

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
5. SOLE VOTING POWER 666,962  
       
6. SHARED VOTING POWER 0  
       
7. SOLE DISPOSITIVE POWER 666,962  
       
8.  SHARED DISPOSITIVE POWER 0  

  

9.Aggregate Amount Beneficially Owned by Each Reporting Person

 

666,962

 

10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.Percent of Class Represented by Amount in Row (9)

 

1.1%

 

12.Type of Reporting Person (See Instructions)

 

IN

 

 

*Ownership information above is as of the close of business on September 26, 2019, the business day before the date of filing of this Schedule 13G.

 

 

 Page 2 of 8 Pages 

 

 

CUSIP No. 02362F104

  

1.Names of Reporting Persons

 

Ayrton 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, U.S.A.

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
5. SOLE VOTING POWER 666,962  
       
6. SHARED VOTING POWER 0  
       
7. SOLE DISPOSITIVE POWER 666,962  
       
8.  SHARED DISPOSITIVE POWER 0  

 

9.Aggregate Amount Beneficially Owned by Each Reporting Person

 

666,962

 

10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)   ¨

 

 

11.Percent of Class Represented by Amount in Row (9)

 

1.1%

 

12.Type of Reporting Person (See Instructions)

 

OO

 

 

 

*Ownership information above is as of the close of business on September 26, 2019, the business day before the date of filing of this Schedule 13G.

 

 Page 3 of 8 Pages 

 

 

CUSIP No. 02362F104

  

1.Names of Reporting Persons

 

Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B

 

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

 

Cayman Islands

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
5. SOLE VOTING POWER 666,962  
       
6. SHARED VOTING POWER 0  
       
7. SOLE DISPOSITIVE POWER 666,962  
       
8.  SHARED DISPOSITIVE POWER 0  

 

9.Aggregate Amount Beneficially Owned by Each Reporting Person

 

666,962

 

10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)   ¨

 

 

11.Percent of Class Represented by Amount in Row (9)

 

1.1%

 

12.Type of Reporting Person (See Instructions)

 

CO

 

 

*Ownership information above is as of the close of business on September 26, 2019, the business day before the date of filing of this Schedule 13G.

 

 Page 4 of 8 Pages 

 

 

Item 1.

 

(a)The name of the issuer is Ameri Holdings, Inc. (the “Issuer”).

 

(b)The principal executive offices of the Issuer are located at 5000 Research Court, Suite 750, Suwanee, Georgia, 30024.

 

Item 2.

 

(a)This statement (this “Statement”) is being filed by: (1) Waqas Khatri; (2) Ayrton Capital LLC, a Delaware limited liability company (the “Investment Manager”); and (3) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B, a Cayman Islands exempted company (the “Fund”) (all of the foregoing, collectively, the “Reporting Persons”). The Fund is a private investment vehicle. The Fund directly owns the Common Stock (as defined below) reported in this Statement. Mr. Khatri and the Investment Manager may be deemed to beneficially own the Common Stock owned directly by the Fund. Each Reporting Person disclaims beneficial ownership with respect to any shares other than the shares owned directly by such Reporting Person.

 

(b)The principal business office of the Reporting Persons is 222 Broadway, 19th Floor, New York, NY 10038.

 

(c)For citizenship information see Item 4 of the cover page of each Reporting Person.

 

(d)This Statement relates to the Common Stock, $0.01 par value per share, of the Issuer (the “Common Stock”).

 

(e)The CUSIP Number of the Common Stock is 02362F104.

 

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: ________________

 

 Page 5 of 8 Pages 

 

 

Item 4. Ownership.

 

See Items 5-9 and 11 on the cover page for each Reporting Person, and Item 2, which information is given as of the close of business on September 26, 2019, the business day before the date of filing of this Schedule 13G.

 

As of the Event Date of September 19, 2019, the Fund owned 3,985,177 shares of Common Stock, representing 6.3% of all outstanding shares of Common Stock.

 

The percentage ownership of each Reporting Person is based on 62,820,789 shares of Common Stock outstanding as of the close of business on September 19, 2019, as reported by the Issuer in its Schedule 14A filed with the Securities and Exchange Commission on September 27, 2019.

 

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: x

 

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

 

Not applicable.

 

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.

 

(a)Not applicable.

 

(b)Not applicable.

 

(c)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 6 of 8 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.

 

Dated: September 27, 2019

 

Waqas Khatri

Ayrton Capital LLC

Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B

 

 

By: /s/ Waqas Khatri  
Waqas Khatri, for himself and as the
Managing Member of the Investment Manager
(for itself and on behalf of the Fund)

 

 Page 7 of 8 Pages 

 


EXHIBIT INDEX

 

Exhibit No. Document

 

1       Joint Filing Agreement

 

 Page 8 of 8 Pages 

EX-99.1 2 tv530208_ex1.htm EXHIBIT 1

Exhibit 1

 

JOINT FILING AGREEMENT

 

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock, $0.01 par value per share, of Ameri Holdings, Inc., and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filing. In evidence thereof, the undersigned hereby execute this Agreement.

 

Dated: September 27, 2019

 

Waqas Khatri

Ayrton Capital LLC

Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B

 

 

By: /s/ Waqas Khatri  
Waqas Khatri, for himself and as the
Managing Member of the Investment Manager
(for itself and on behalf of the Fund)