Item 1. | |
(a) | Name of issuer:
Hepion Pharmaceuticals, Inc. |
(b) | Address of issuer's principal executive
offices:
399 Thornall Street, First Floor, Edison, NJ 08837 |
Item 2. | |
(a) | Name of person filing:
S.H.N. Financial Investments Ltd. |
(b) | Address or principal business office or, if
none, residence:
Herzliya Hills
Arik Einstein 3, Israel, 4610301 |
(c) | Citizenship:
Israel |
(d) | Title of class of securities:
Common Stock, par value $0.0001 per share |
(e) | CUSIP No.:
426897104 |
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). If filing as a non-U.S.
institution in accordance with § 240.13d-1(b)(1)(ii)(J), please
specify the type of institution: |
(k) | Group,
in accordance with Rule 240.13d-1(b)(1)(ii)(K). |
| |
Item 4. | Ownership |
(a) | Amount beneficially owned:
1,060,883
The Reporting Person owned 231,849 shares of Common Stock and participated in an offering in which it purchased 829,034 shares of Common Stock, 4,709,428 Pre-Funded Warrants, 5,538,462 Series A Warrants and 5,538,462 Series B Warrants. The amounts in Row (5), (7) and (9) represent 1,060,883 shares of the Issuer's Common Stock. The amounts do not include 4,709,428 Pre-Funded Warrants, 5,538,462 Series A Warrants and 5,538,462 Series B Warrants, which were each subject to a 9.99% beneficial ownership limitation. The percentage set forth on Row (11) of the cover page for the reporting person is based on 10,619,458 shares of Common Stock outstanding (assuming no exercise of Pre-Funded Warrants nor Series A and Series B Warrants being offered in the offering) immediately after the offering based upon the Issuer's Prospectus filed under Rule 424(b)(4) with the Securities and Exchange Commission on January 23, 2025.
Nir Shamir is the Chief Executive Officer of SHN. As such, SHN and Mr. Shamir may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the securities described herein. To the extent Mr. Shamir is deemed to beneficially own such securities, Mr. Shamir disclaims beneficial ownership of these securities for all other purposes. |
(b) | Percent of class:
9.99 % |
(c) | Number of shares as to which the person has:
|
| (i) Sole power to vote or to direct the vote:
1,060,883
|
| (ii) Shared power to vote or to direct the
vote:
0
|
| (iii) Sole power to dispose or to direct the
disposition of:
1,060,883
|
| (iv) Shared power to dispose or to direct the
disposition of:
0
|
Item 5. | Ownership of 5 Percent or Less of a Class. |
| |
Item 6. | Ownership of more than 5 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 or
Control Person. |
|
Not Applicable
|
Item 8. | Identification and Classification of Members of
the Group. |
|
Not Applicable
|
Item 9. | Notice of Dissolution of Group. |
|
Not Applicable
|