Item 1. | |
(a) | Name of issuer:
PolyPid Ltd. |
(b) | Address of issuer's principal executive
offices:
18 Hasivim Street Petach Tikva 495376, Israel |
Item 2. | |
(a) | Name of person filing:
This Statement of Beneficial Ownership on Schedule 13G, filed on February 14, 2025 (the "Statement") is being filed by each of:
(i) Xenia Venture Capital Limited;
(ii) Centaurus Investments Limited;
(iii) Geneva Holding Company (GHC) SA;
(iv) Geneva Trust Company (GTC) SA;
(v) POD Sarl (all of which, above, are the "Reporting Entities"); and
(vi) Rodney Hodges (the "Reporting Individual"),
(each a "Reporting Person" and, collectively, the "Reporting Persons"). This Schedule 13G is being filed pursuant to a Joint Filing Agreement (the "Joint Filing Agreement"), a copy of which was filed as Exhibit 99.1 to the Schedule 13G filed on September 20, 2023.
Xenia Venture Capital Limited ("Xenia") is an investment holding company that purchased Ordinary Shares (as defined below) of the Issuer that are the subject of this Statement of Beneficial Ownership on Schedule 13G. The entire share capital of Centaurus Investments Limited, the parent holding company of Xenia, is held by Geneva Trust Company (GTC) SA (as trustee of the VT Two Trust). Geneva Trust Company (GTC) SA (a subsidiary of Geneva Holding Company (GHC) SA), as trustee of VT Two Trust, has the authority to dispose of and exercise control over the disposal of the assets of the VT Two Trust. POD Sarl, of which Mr. Rodney Hodges holds 100% of the share capital, wholly owns Geneva Holding Company (GHC) SA.
The Reporting Individual does not make day-to-day voting or investment decisions with respect to the Ordinary Shares held by the Reporting Entities and therefore disclaims beneficial ownership of them except to the extent of his pecuniary interest therein. |
(b) | Address or principal business office or, if
none, residence:
The principal business office of each of the Reporting Persons are:
Rodney Hodges, Rue de l'Athenee 34, 1206 Geneve, Switzerland
POD Sarl, Rue de l'Athenee 34, 1206 Geneve, Switzerland
Geneva Holding Company (GHC) SA, Rue de l'Athenee 34, 1206 Geneve, Switzerland
Geneva Trust Company (GTC) SA, Rue de l'Athenee 34, 1206 Geneve, Switzerland
Centaurus Investments Limited, Rue de l'Athenee 34, 1206 Geneve, Switzerland
Xenia Venture Capital Limited, Yigal Alon 76, 6706701 Tel Aviv, Israel |
(c) | Citizenship:
POD Sarl, Geneva Holding Company (GHC) SA, and Geneva Trust Company (GTC) SA are organized under the laws of Switzerland, Centaurus Investments Limited is organized under the laws of British Virgin Islands, and Xenia Venture Capital Limited is organized under the laws of Israel. The Reporting Individual is a citizen of the United Kingdom. |
(d) | Title of class of securities:
Ordinary Shares, no par value |
(e) | CUSIP No.:
M8001Q126 |
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:
Reporting Person Number of Ordinary Shares
Rodney Hodges2,242,767
POD Sarl2,242,767
Geneva Holding Company (GHC) SA2,242,767
Geneva Trust Company (GTC) SA2,242,767
Centaurus Investments Limited2,210,717
Xenia Venture Capital Limited1,711,792 |
(b) | Percent of class:
Reporting Person Percentage of Class
Rodney Hodges 19.9 %
POD Sarl 19.9 %
Geneva Holding Company (GHC) SA 19.9 %
Geneva Trust Company (GTC) SA 19.9 %
Centaurus Investments Limited 19.6 %
Xenia Venture Capital Limited 15.5 % % |
(c) | Number of shares as to which the person has:
|
| (i) Sole power to vote or to direct the vote:
Rodney Hodges: 0
POD Sarl: 0
Geneva Holding Company (GHC) SA: 0
Geneva Trust Company (GTC) SA: 0
Centaurus Investments Limited: 0
Xenia Venture Capital Limited: 0
|
| (ii) Shared power to vote or to direct the
vote:
Rodney Hodges: 2,242,767
POD Sarl: 2,242,767
Geneva Holding Company (GHC) SA: 2,242,767
Geneva Trust Company (GTC) SA: 2,242,767
Centaurus Investments Limited: 2,210,717
Xenia Venture Capital Limited: 1,711,792
|
| (iii) Sole power to dispose or to direct the
disposition of:
Rodney Hodges: 0
POD Sarl: 0
Geneva Holding Company (GHC) SA: 0
Geneva Trust Company (GTC) SA: 0
Centaurus Investments Limited: 0
Xenia Venture Capital Limited: 0
|
| (iv) Shared power to dispose or to direct the
disposition of:
Rodney Hodges: 2,242,767
POD Sarl: 2,242,767
Geneva Holding Company (GHC) SA: 2,242,767
Geneva Trust Company (GTC) SA: 2,242,767
Centaurus Investments Limited: 2,210,717
Xenia Venture Capital Limited: 1,711,792
Based on the Form F-3 filed by the Issuer on January 21, 2025, there were 10,190,904 Ordinary Shares of the Issuer outstanding as of January 17, 2025.
|
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
|