• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13D/A filed by Barfresh Food Group Inc. (Amendment)

    3/25/24 4:53:43 PM ET
    $BRFH
    Packaged Foods
    Consumer Staples
    Get the next $BRFH alert in real time by email
    SC 13D/A 1 tm249734d1_sc13da.htm SC 13D/A

     

     

     

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

    SCHEDULE 13D

     

     

    INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

    TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

    RULE 13d-2(a)

     

    (Amendment No. 7)*

     

    Barfresh Food Group Inc.

    (Name of Issuer)

     

    Common Stock, $0.000001 par value

    (Title of Class of Securities)

     

    067532200

    (CUSIP Number)

     

    Ibex Investors LLC

    260 N. Josephine Street, Suite 300

    Denver, CO 80206

    Attention: Justin B. Borus

    Telephone: (303) 500-8821 

    (Name, Address and Telephone Number of Person

    Authorized to Receive Notices and Communications)

     

    March 22, 2024

    (Date of Event Which Requires Filing of this Statement)

     

    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box x.

     

    Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

     

    * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

     

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.)

     

     

     

     

     

     

    CUSIP No. 067532200

     

    1.Names of Reporting Persons

     

    Ibex Investors LLC

     

    2.Check the Appropriate Box if a Member of a Group (See Instructions)

     

    (a)¨
    (b)x

     

    3.SEC Use Only

     

    4.Source of Funds

     

    AF

     

    5.Check Box if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e)

    ¨

     

    6.Citizenship or Place of Organization

     

    Colorado, USA

     

     

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY EACH

    REPORTING

    PERSON WITH:

    7. SOLE VOTING POWER 1,110,982
    8. SHARED VOTING POWER 0
    9. SOLE DISPOSITIVE POWER 1,110,982
    10. SHARED DISPOSITIVE POWER 0

    11.Aggregate Amount Beneficially Owned by Each Reporting Person

     

    1,110,982

     

    12.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)   ¨

     

    13.Percent of Class Represented by Amount in Row (9)

     

    7.7%

     

    14.Type of Reporting Person (See Instructions)

     

    OO

      

    Page 2 of 7 pages

     

     

    CUSIP No. 067532200

     

    1.Names of Reporting Persons

     

    Justin B. Borus

     

    2.Check the Appropriate Box if a Member of a Group (See Instructions)

     

    (a)¨
    (b)x

     

    3.SEC Use Only

     

    4.Source of Funds

     

    AF, PF

     

    5.Check Box if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e)

    ¨

     

    6.Citizenship or Place of Organization

     

    USA

     

     

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY EACH

    REPORTING

    PERSON WITH:

    7. SOLE VOTING POWER 1,440,885
    8. SHARED VOTING POWER 0
    9. SOLE DISPOSITIVE POWER 1,440,885
    10. SHARED DISPOSITIVE POWER 0

    11.Aggregate Amount Beneficially Owned by Each Reporting Person

     

    1,440,885

     

    12.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨

     

    13.Percent of Class Represented by Amount in Row (9)

     

    9.9%

     

    14.Type of Reporting Person (See Instructions)

     

    IN

     

    Page 3 of 7 pages

     

     

    CUSIP No. 067532200

     

    1.Names of Reporting Persons

     

    Ibex Microcap Fund LLLP

     

    2.Check the Appropriate Box if a Member of a Group (See Instructions)

     

    (a)¨
    (b)x

     

    3.SEC Use Only

     

    4.Source of Funds

     

    WC

     

    5.Check Box if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e)

    ¨

     

    6.Citizenship or Place of Organization

     

    Delaware, USA

     

     

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY EACH

    REPORTING

    PERSON WITH:

    7. SOLE VOTING POWER 1,110,982
    8. SHARED VOTING POWER 0
    9. SOLE DISPOSITIVE POWER 1,110,982
    10. SHARED DISPOSITIVE POWER 0

    11.Aggregate Amount Beneficially Owned by Each Reporting Person

     

    1,110,982

     

    12.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

     

    13.Percent of Class Represented by Amount in Row (9)

     

    7.7%

     

    14.Type of Reporting Person (See Instructions)

     

    PN

     

    Page 4 of 7 pages

     

     

    CUSIP No. 067532200

     

    1.Names of Reporting Persons

     

    Ibex Investment Holdings LLC

     

    2.Check the Appropriate Box if a Member of a Group (See Instructions)

     

    (a)¨
    (b)x

     

    3.SEC Use Only

     

    4.Source of Funds

     

    AF

     

    5.Check Box if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e)

    ¨

     

    6.Citizenship or Place of Organization

     

    Delaware, USA

     

     

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY EACH

    REPORTING

    PERSON WITH:

    7. SOLE VOTING POWER 1,110,982
    8. SHARED VOTING POWER 0
    9. SOLE DISPOSITIVE POWER 1,110,982
    10. SHARED DISPOSITIVE POWER 0

    11.Aggregate Amount Beneficially Owned by Each Reporting Person

     

    1,110,982

     

    12.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

     

    13.Percent of Class Represented by Amount in Row (9)

     

    7.7%

     

    14.Type of Reporting Person (See Instructions)

     

    OO

     

    Page 5 of 7 pages

     

     

    EXPLANATORY NOTE

     

    This Amendment No. 7 to Schedule 13D (this “Amendment No. 7” or this “Statement”) is being filed with respect to the beneficial ownership of Common Stock, par value $0.000001 per share (the “Common Stock”), of Barfresh Food Group Inc. (the “Issuer”). This Amendment No. 7 amends and restates in its entirety Item 5 of the Schedule 13D originally filed on March 23, 2020, as amended. The Reporting Persons have not acquired or disposed of any securities of the Issuer since the filing of Amendment No. 6 to this Schedule 13D. However, on March 22, 2024, the Issuer filed a Form 10-K reporting an increase in the number of shares of Common Stock outstanding. This resulted in changes to the Reporting Persons’ percentages of beneficial ownership of Common Stock, and the Reporting Persons are filing this Amendment No. 7 to report such changes in percentages.

     

    ITEM 5.Interest in Securities of the Issuer.

     

    (a)          As of the end of business on each of March 22, 2024 (being the Event Date of this Amendment No. 7) and March 25, 2024 (being the filing date of this Amendment No. 7), the Reporting Persons beneficially own:

     

    (i)The Fund directly owns 1,110,982 shares of Common Stock, representing 7.7% of all of the outstanding shares of Common Stock.

     

    (ii)Mr. Borus directly owns 329,903 shares of Common Stock, representing 2.3% of all of the outstanding shares of Common Stock.

     

    (iii)The Investment Manager, as the investment manager and general partner of the Fund, may be deemed to beneficially own the 1,110,982 shares of Common Stock held by the Fund, representing 7.7% of all of the outstanding shares of Common Stock.

     

    (iv)IM Holdings, as the sole member of the Investment Manager, may be deemed to beneficially own the 1,110,982 shares of Common Stock held by the Fund, representing 7.7% of all of the outstanding shares of Common Stock.

     

    (v)Mr. Borus, as the manager of the Investment Manager and IM Holdings, may be deemed to beneficially own the 1,110,982 shares of Common Stock held by the Fund, representing 7.7% of all of the outstanding shares of Common Stock. Together with the securities owned directly by Mr. Borus as set forth in clause (ii) above, Mr. Borus may be deemed to beneficially own 1,440,885 shares of Common Stock, representing 9.9% of all of the outstanding shares of Common Stock.

     

    Each Reporting Person disclaims beneficial ownership of any shares of Common Stock other than the shares beneficially owned directly by such Reporting Person.

     

    The foregoing percentages set forth in this response are based on 14,507,146 shares of Common Stock outstanding as of March 18, 2024, as reported in the Issuer’s Form 10-K filed with the SEC on March 22, 2024.

     

    (b)          The Fund has, and each of the Investment Manager, IM Holdings and Mr. Borus may be deemed to have, the power to vote or direct the vote of and to dispose or direct the disposition of 1,110,982 shares of Common Stock reported herein. Mr. Borus has the power to vote or direct the vote of and to dispose or direct the disposition of 329,903 shares of Common Stock reported herein.

     

    (c)           No transactions in the Common Stock have been effected by any Reporting Person in the last sixty (60) days.

     

    (d)           Not applicable.

     

    (e)           Not applicable.

     

    Page 6 of 7 pages

     

     

    SIGNATURE

     

    After reasonable inquiry and to the best of its knowledge and belief, the undersigned each certifies that the information with respect to it set forth in this Statement is true, complete and correct.

     

    Dated: March 25, 2024

     

     

    Justin B. Borus

    Ibex Investors LLC

    Ibex Microcap Fund LLLP

    Ibex Investment Holdings LLC

     

     

    By: /s/ Justin B. Borus  
     

    Justin B. Borus, for himself and as the Manager of each of IM Holdings and the Investment Manager (for itself and on behalf of the Fund)

     

     

    Page 7 of 7 pages

    Get the next $BRFH alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $BRFH

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $BRFH
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Barfresh Announces First Quarter 2025 Results

      Revenue Increased 4% Year-Over-Year to $2.9 Million for First Quarter 2025, In Line with Previous Guidance Achieved Gross Margin of 31% for First Quarter 2025, Exceeding Guidance Co-Manufacturing Partners on Track to Reach Full Production Capability by End of Second Quarter 2025 Company Reiterates Fiscal Year 2025 Revenue Guidance of $14.5 Million to $16.6 Million LOS ANGELES, May 01, 2025 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (NASDAQ:BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, is providing a business update for the first quarter ended March 31, 2025. Management Comments Riccardo Delle Coste, the Company's Chief Exec

      5/1/25 4:05:00 PM ET
      $BRFH
      Packaged Foods
      Consumer Staples
    • Barfresh to Host Business Update Call on May 1, 2025

      LOS ANGELES, April 17, 2025 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (NASDAQ:BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced that it will host a business update call on Thursday, May 1, 2025 at 1:30 pm Pacific Time (4:30 pm Eastern Time). Listeners can dial (877) 407-4018 in North America, and international listeners can dial (201) 689-8471. A telephonic playback will be available approximately two hours after the call concludes and will be available through Thursday, May 15, 2025. Listeners in North America can dial (844) 512-2921, and international listeners can dial (412) 317-6671. Passcode is 13753252. Intere

      4/17/25 8:30:00 AM ET
      $BRFH
      Packaged Foods
      Consumer Staples
    • Barfresh Provides Fourth Quarter and Full Year 2024 Results and Business Update

      Company Achieves Highest Fiscal Year Revenue in Company History Revenue of $10.7 Million, Gross Margin of 34% and Adjusted Gross Margin of 37% for Fiscal Year 2024 Pop & Go™ 100% Juice Freeze Pops Launched with Initial Revenue Generation in Fourth Quarter 2024 Company Raises $3 Million in Profitable Growth Financing; Financing to Accelerate Manufacturing and Market Expansion Company Expects Record Revenue for Fiscal Year 2025 of $14.5 Million to $16.6 Million LOS ANGELES, March 27, 2025 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (NASDAQ:BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, is providing a business update for the ful

      3/27/25 4:05:00 PM ET
      $BRFH
      Packaged Foods
      Consumer Staples

    $BRFH
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Executive Officer Delle Coste Riccardo bought $14,775 worth of shares (6,000 units at $2.46), increasing direct ownership by 7% to 87,614 units (SEC Form 4)

      4 - BARFRESH FOOD GROUP INC. (0001487197) (Issuer)

      5/19/25 4:05:26 PM ET
      $BRFH
      Packaged Foods
      Consumer Staples

    $BRFH
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13D/A filed by Barfresh Food Group Inc. (Amendment)

      SC 13D/A - BARFRESH FOOD GROUP INC. (0001487197) (Subject)

      3/25/24 4:53:43 PM ET
      $BRFH
      Packaged Foods
      Consumer Staples
    • SEC Form SC 13G/A filed by Barfresh Food Group Inc. (Amendment)

      SC 13G/A - BARFRESH FOOD GROUP INC. (0001487197) (Subject)

      2/14/24 3:20:58 PM ET
      $BRFH
      Packaged Foods
      Consumer Staples
    • SEC Form SC 13D/A filed by Barfresh Food Group Inc. (Amendment)

      SC 13D/A - BARFRESH FOOD GROUP INC. (0001487197) (Subject)

      8/1/23 4:30:11 PM ET
      $BRFH
      Packaged Foods
      Consumer Staples

    $BRFH
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Executive Officer Delle Coste Riccardo bought $14,775 worth of shares (6,000 units at $2.46), increasing direct ownership by 7% to 87,614 units (SEC Form 4)

      4 - BARFRESH FOOD GROUP INC. (0001487197) (Issuer)

      5/19/25 4:05:26 PM ET
      $BRFH
      Packaged Foods
      Consumer Staples
    • Chief Financial Officer Roger Lisa was granted 15,000 shares, increasing direct ownership by 17% to 105,699 units (SEC Form 4)

      4 - BARFRESH FOOD GROUP INC. (0001487197) (Issuer)

      4/29/25 12:49:10 PM ET
      $BRFH
      Packaged Foods
      Consumer Staples
    • SEC Form 4 filed by Chief Executive Officer Delle Coste Riccardo

      4 - BARFRESH FOOD GROUP INC. (0001487197) (Issuer)

      4/29/25 12:49:07 PM ET
      $BRFH
      Packaged Foods
      Consumer Staples

    $BRFH
    SEC Filings

    See more
    • SEC Form DEF 14A filed by Barfresh Food Group Inc.

      DEF 14A - BARFRESH FOOD GROUP INC. (0001487197) (Filer)

      5/9/25 4:51:50 PM ET
      $BRFH
      Packaged Foods
      Consumer Staples
    • SEC Form 10-Q filed by Barfresh Food Group Inc.

      10-Q - BARFRESH FOOD GROUP INC. (0001487197) (Filer)

      5/1/25 4:10:19 PM ET
      $BRFH
      Packaged Foods
      Consumer Staples
    • Barfresh Food Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - BARFRESH FOOD GROUP INC. (0001487197) (Filer)

      5/1/25 4:05:30 PM ET
      $BRFH
      Packaged Foods
      Consumer Staples

    $BRFH
    Financials

    Live finance-specific insights

    See more
    • Barfresh to Host Business Update Call on May 1, 2025

      LOS ANGELES, April 17, 2025 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (NASDAQ:BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced that it will host a business update call on Thursday, May 1, 2025 at 1:30 pm Pacific Time (4:30 pm Eastern Time). Listeners can dial (877) 407-4018 in North America, and international listeners can dial (201) 689-8471. A telephonic playback will be available approximately two hours after the call concludes and will be available through Thursday, May 15, 2025. Listeners in North America can dial (844) 512-2921, and international listeners can dial (412) 317-6671. Passcode is 13753252. Intere

      4/17/25 8:30:00 AM ET
      $BRFH
      Packaged Foods
      Consumer Staples
    • Barfresh Announces Date Change for its Business Update Call to Discuss Fourth Quarter 2024 Results

      LOS ANGELES, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (NASDAQ:BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced that it has changed the date of its fourth quarter 2024 earnings conference call and webcast. The conference call will now be held on Thursday, March 27, 2025 at 1:30 pm Pacific Time (4:30 pm Eastern Time). Listeners can dial (877) 407-4018 in North America, and international listeners can dial (201) 689-8471. A telephonic playback will be available approximately two hours after the call concludes and will be available through Thursday, April 10, 2025. Listeners in North America can dial (844

      2/26/25 8:30:00 AM ET
      $BRFH
      Packaged Foods
      Consumer Staples
    • Barfresh to Host Business Update Call on February 27, 2025

      LOS ANGELES, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (NASDAQ:BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced that it will host a business update call on Thursday, February 27, 2025 at 1:30 pm Pacific Time (4:30 pm Eastern Time). Listeners can dial (877) 407-4018 in North America, and international listeners can dial (201) 689-8471. A telephonic playback will be available approximately two hours after the call concludes and will be available through Thursday, March 13, 2025. Listeners in North America can dial (844) 512-2921, and international listeners can dial (412) 317-6671. Passcode is 13750486

      2/13/25 8:30:00 AM ET
      $BRFH
      Packaged Foods
      Consumer Staples

    $BRFH
    Leadership Updates

    Live Leadership Updates

    See more
    • Barfresh Strengthens Executive Team with New Industry Leading Vice President of Sales

      Tony Grossi Brings Over 25 Years of Vice President and Director-Level Experience in Beverage and Food Service Sales Strategic Leadership Hire Follows Recent Addition of Vice President of Supply Chain & Co-Manufacturing, Fortifying Executive Team for Significant Sales Uplift Expected in Fiscal Year 2024 and Beyond LOS ANGELES, June 18, 2024 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (NASDAQ:BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced the appointment of Tony Grossi as Vice President of Sales. In this role, Tony will leverage his successful experience by spearheading Barfresh's sales efforts, overseeing all sales

      6/18/24 8:30:00 AM ET
      $BRFH
      Packaged Foods
      Consumer Staples
    • Barfresh Announces Appointment of Marko Matla as Vice President of Supply Chain & Co-Manufacturing

      Seasoned Executive Brings Decades of Expertise and Industry Partnerships to Optimize Supply Chain Operations Strategic Hire to Amplify Management's Efforts Towards Significant Sales Uplift Expected in Fiscal Year 2024 LOS ANGELES, May 01, 2024 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (NASDAQ:BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced the appointment of Marko Matla as Vice President of Supply Chain & Co-Manufacturing. In his role, Marko will oversee the supply chain operations, including spearheading the effort to bring on a new bottle co-manufacturer, collaborating with the Company's network of produ

      5/1/24 9:45:00 AM ET
      $BRFH
      Packaged Foods
      Consumer Staples