Item 1(a). Name of Issuer
Emmaus Life Sciences, Inc. (the “Issuer”)
Item 1(b). Address of Issuer’s Principal Executive Offices
21250 Hawthorne Boulevard, Suite 800, Torrance, California 90503
Item 2(a). Name of Person Filing
This statement is filed on behalf of the following persons (collectively, the “Reporting Persons”):
| i) | JJBE 123, LLC (“JJBE”); and |
| ii) | Allan Schweitzer (“Mr. Schweitzer”). |
This Statement relates to Shares (as defined herein) held by JJBE, a limited liability company engaged in passive investment activities. Mr. Schweitzer is the Manager of JJBE and, in such capacity, may be deemed to be the indirect beneficial owner of all of the Shares directly held by JJBE and reported herein.
Item 2(b). Address of Principal Business Office or, if None, Residence:
The principal business address of JJBE and Mr. Schweitzer is 1620 26th Street, Suite 6000N, Santa Monica, California 90404.
Item 2(c). Citizenship:
JJBE is a California limited liability company. Mr. Schweitzer is a citizen of the United States of America.
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.001 per share (the “Shares”)
Item 2(e). CUSIP Number:
29137T101
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:
This Item 3 is not applicable.
Item 4. Ownership:
Item 4(a) Amount Beneficially Owned:
As of the date hereof, each of the Reporting Persons may be deemed the beneficial owner of 313,508 Shares held by JJBE.
Item 4(b) Percent of Class:
As of the date hereof, each of the Reporting Persons may be deemed the beneficial owner of approximately 0.66% of Shares outstanding. (There were 47,467,152 Shares outstanding as of August 14, 2019, according to the Issuer’s Form 10-Q filed on August 14, 2019).
Item 4(c) Number of Shares as to which such person has:
JJBE AND MR. SCHWEITZER:
| (i) Sole power to vote or direct the vote: | 0 |
| (ii) Shared power to vote or direct the vote: | 313,508
|
| (iii) Sole power to dispose or direct the disposition of: | 0 |
| (iv) Shared power to dispose or direct the disposition of: | 313,508 |
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 5 percent of the class of securities, check the following [X].
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
The Schweitzer 2007 Trust is the sole member of JJBE and, as such, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares held by JJBE.
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person: |
See disclosure in Item 2 hereof.
Item 8. Identification and Classification of Members of the Group:
This Item 8 is not applicable.
Item 9. Notice of Dissolution of Group:
This Item 9 is not applicable.
Item 10. Certification:
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.
