Saudi Economic & Development Securities Form 3 Initial statement of insider ownership

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

SEDCO Capital Cayman Ltd

(Last) (First) (Middle)

P.O. BOX 309, UGLAND HOUSE

(Street)

GRAND CAYMAN E9 KY1-1104

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/07/2019

3. Issuer Name and Ticker or Trading Symbol
Venus Concept Inc. [ VERO ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	533,333	I	See footnotes(1)(2)
Common Stock	1,866,666	I	See footnotes(1)(2)
Common Stock	1,866,666	I	See footnotes(1)(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant	05/07/2020	11/07/2024	Common Stock	266,666.5	6	I	See footnotes(1)(2)
Warrant	05/07/2020	11/07/2024	Common Stock	933,333	6	I	See footnotes(1)(2)
Warrant	05/07/2020	11/07/2024	Common Stock	933,333	6	I	See footnotes(1)(2)

1. Name and Address of Reporting Person^*

SEDCO Capital Cayman Ltd

(Last) (First) (Middle)

P.O. BOX 309, UGLAND HOUSE

(Street)

GRAND CAYMAN E9 KY1-1104

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SC Venus US Ltd

(Last) (First) (Middle)

P.O. BOX 709

WILLOW HOUSE, CRICKET SQUARE

(Street)

GRAND CAYMAN E9 KY1-1107

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SC Venus Opportunities Ltd

(Last) (First) (Middle)

P.O. BOX 709

WILLOW HOUSE, CRICKET SQUARE

(Street)

GRAND CAYMAN E9 KY1-1107

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Saudi Economic & Development Securities Co

(Last) (First) (Middle)

KING ABDULAZIZ ROAD, AL MORJAN DIST.,

P.O. BOX 13396

(Street)

JEDDAH T0 21493

(City) (State) (Zip)

Explanation of Responses:

1. SEDCO Capital Cayman Limited is the record owner of 533,333 shares of common stock and warrants exercisable for 266,666.5 shares of common stock. SC Venus US Limited is the record owner of 1,866,666 shares of common stock and warrants exercisable for 933,333 shares of common stock. SC Venus Opportunities Limited is the record owner of 1,866,666 shares of common stock and warrants exercisable for 933,333 shares of common stock. Saudi Economic and Development Securities Company is the investment manager of SC Venus US Limited and SC Venus Opportunities Limited and may be deemed to beneficially own securities held by SC Venus US Limited or SC Venus Opportunities Limited. Saudi Economic and Development Securities Company is the parent of SEDCO Capital Cayman Limited and may be deemed to beneficially own securities held by SEDCO Capital Cayman Limited.

2. (Continued from Footnote 2) Each of the reporting persons disclaims beneficial ownership of the reported securities, except the extent of its pecuniary interest therein.

Remarks:

	SEDCO Capital Cayman Limited; By Samer Shaaban, Director; /s/ Samer Shaaban	11/15/2019
	SC Venus US Limited; By Eisa Matouk Abdulatie, Director; /s/ Eisa Matouk Abdulatie	11/15/2019
	SC Venus Opportunities Limited; By Eisa Matouk Abdulatie, Director; /s/ Eisa Matouk Abdulatie	11/15/2019
	Saudi Economic and Development Securities Company; By Talal AlJedaibi, Head of Finance and operations; /s/ Talal AlJedaibi	11/15/2019
	** Signature of Reporting Person	Date
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