Preamble.
This Amendment No. 2 to Schedule 13D further amends and supplements the Schedule 13D originally filed with the Securities and Exchange Commission (the “Commission”) on June 20, 2013 and amended by that certain Amendment No. 1 to Schedule 13D filed with the Commission on March 26, 2014.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 is hereby amended and supplemented as follows:
Thomas Girschweiler effected the exercise of warrants described below for an aggregate of $70,000.42.
Item 5. Interest in Securities of the Issuer.
Item 5 is hereby amended and supplemented as follows:
On November 28, 2015, Thomas Girschweiler exercised warrants to acquire 71,429 shares of the Issuer’s common stock from the Issuer at an exercise price of $0.98 per share. Immediately thereafter, Villiger transferred the 71,429 shares to Taurus4757 GmbH (“Taurus”).
As of the date hereof, Girschweiler beneficially owns 4,392,427 shares of the Issuer, consisting of 2,644,663 shares of common stock held indirectly through Taurus, 142,857 shares of common stock issuable upon exercise of warrants held directly, 1,544,194 shares of common stock issuable upon exercise of warrants held indirectly through Taurus and 60,713 shares of common stock issuable upon exercise of stock options held directly. Such shares represent a total of 31.4% of the Issuer’s outstanding shares of common stock.
Girschweiler has the sole power to vote or direct the vote of, and to dispose or direct the disposition of, the entirety of the number of shares indicated immediately above. There are no other persons known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities.
As of the date hereof, Taurus beneficially owns 3,159,817 shares of the Issuer, consisting of 1,615,623 shares of common stock held directly by Taurus, and 1,544,194 shares of common stock issuable upon exercise of warrants held directly by Taurus. Such shares represent a total of 22.9% of the Issuer’s outstanding shares of common stock.
Taurus has the sole power to vote or direct the vote of, and to dispose or direct the disposition of, the entirety of the number of shares indicated immediately above. Except Girschweiler, there are no other persons known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities.