(CUSIP Number)
☐ |
Rule 13d-1(b)
|
☒ |
Rule 13d-1(c)
|
☐ |
Rule 13d-1(d)
|
* |
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 the
disclosures provided in a prior cover page.
|
SCHEDULE 13G | ||
CUSIP No. 48208F105
|
Page 2 of 8 Pages
|
1
|
NAMES OF REPORTING PERSONS
|
|
|
||
Core 4 Capital Corp.
|
|
|
|||
|
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☐
|
|||||
(b)☒
|
|
|
|||
3
|
SEC USE ONLY
|
|
|
||
|
|
|
|||
|
|
||||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
||
New York
|
|
|
|||
|
|
||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
|
|
0
|
|
|
|||
|
|
||||
6
|
SHARED VOTING POWER
|
|
|
||
3,494,657
|
|
|
|||
|
|
||||
7
|
SOLE DISPOSITIVE POWER
|
|
|
||
0
|
|
|
|||
|
|
||||
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
3,494,657
|
|
|
|||
|
|
||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
3,494,657
|
|
|
|||
|
|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
☐
|
|
|
|||
|
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
6.8%(1)
|
|
|
|||
|
|
||||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|
|
||
CO
|
|
|
|||
|
|
(1) |
This percentage is based on a total of 51,589,941 shares of the Issuer’s Common Stock, par value $0.001 per share (“Common Stock”), which consist of (i) 49,220,273 shares of Common Stock
outstanding as of March 28, 2024, as disclosed in the Issuer’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 1, 2024, plus (ii)
2,369,668 shares of Common Stock issued pursuant to that certain Securities Purchase Agreement, dated as of April 4, 2024, by and between the Issuer and Core 4 Capital Corp.
|
SCHEDULE 13G | ||
CUSIP No. 48208F105
|
Page 3 of 8 Pages
|
1
|
NAMES OF REPORTING PERSONS
|
|
|
||
Stephen Joel Schur
|
|
|
|||
|
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☐
|
|||||
(b)☒
|
|
|
|||
3
|
SEC USE ONLY
|
|
|
||
|
|
|
|||
|
|
||||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
||
United States of America
|
|
|
|||
|
|
||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
|
|
0
|
|
|
|||
|
|
||||
6
|
SHARED VOTING POWER
|
|
|
||
3,494,657(1)
|
|
|
|||
|
|
||||
7
|
SOLE DISPOSITIVE POWER
|
|
|
||
0
|
|
|
|||
|
|
||||
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
3,494,657(1)
|
|
|
|||
|
|
||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
3,494,657(1)
|
|
|
|||
|
|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
☐
|
|
|
|||
|
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
6.8%(2)
|
|
|
|||
|
|
||||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|
|
||
IN
|
|
|
|||
|
|
(1) |
Represents shares held directly by Core 4 Capital Corp. Stephen Joel Schur is the Chairman and President of Core 4 Capital Corp., and as such, Stephen Joel Schur may be deemed to have voting and investment power over such shares held by
Core 4 Capital Corp. Stephen Joel Schur disclaims beneficial ownership of such securities except to the extent of his indirect pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial
owner of such securities for any purposes.
|
(2) |
This percentage is based on a total of 51,589,941 shares of Common Stock, which consist of (i) 49,220,273 shares of Common Stock outstanding as of March 28, 2024, as disclosed in the Issuer’s
Annual Report on Form 10-K filed with the SEC on April 1, 2024, plus (ii) 2,369,668 shares of Common Stock issued pursuant to that certain Securities Purchase Agreement, dated as of April 4, 2024, by and
between the Issuer and Core 4 Capital Corp.
|
SCHEDULE 13G | ||
CUSIP No. 48208F105
|
Page 4 of 8 Pages
|
(a) |
Name of Issuer:
|
(b) |
Address of Issuer’s principal executive offices:
|
(a) |
Name of persons filing:
|
(b) |
Address or principal business office or, if none, residence:
|
(c) |
Citizenship:
|
(d) |
Title of class of securities:
|
(e) |
CUSIP No.:
|
SCHEDULE 13G | ||
CUSIP No. 48208F105
|
Page 5 of 8 Pages
|
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 association 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); or
|
(k)
|
☐
|
Group, in accordance with § 240.13d-1(b)(1)(ii)(K).
|
Item 4. |
Ownership.
|
(a)
|
Amount beneficially owned:
For Core 4 Capital
For Stephen Joel Schur
|
3,494,657
3,494,657
|
|||
(b)
|
Percent of class:
For Core 4 Capital
For Stephen Joel Schur
|
6.8
6.8
|
%
%
|
||
(c)
|
Number of shares as to which the person has:
|
||||
(i) Sole power to vote or to direct the vote:
For Core 4 Capital
For Stephen Joel Schur
|
0
0
|
||||
(ii) Shared power to vote or to direct the vote:
For Core 4 Capital
For Stephen Joel Schur
|
3,494,657
3,494,657
|
||||
(iii) Sole power to dispose or to direct the disposition of:
For Core 4 Capital
For Stephen Joel Schur
|
0
0
|
||||
(iv) Shared power to dispose or to direct the disposition of:
For Core 4 Capital
For Stephen Joel Schur
|
3,494,657
3,494,657
|
SCHEDULE 13G | ||
CUSIP No. 48208F105
|
Page 6 of 8 Pages
|
Item 5. |
Ownership of 5 Percent or Less of a Class.
|
Item 6. |
Ownership of More than 5 Percent on Behalf of Another Person.
|
Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
|
Item 8. |
Identification and Classification of Members of the Group.
|
Item 9. |
Notice of Dissolution of Group.
|
Item 10. |
Certification.
|
SCHEDULE 13G | ||
CUSIP No. 48208F105
|
Page 7 of 8 Pages
|
Dated: April 17, 2024
|
Core 4 Capital Corp.
|
||
|
|
||
By: | /s/ Stephen Joel Schur | ||
Name: Stephen Joel Schur | |||
Title: President | |||
/s/ Stephen Joel Schur | ||
STEPHEN JOEL SCHUR
|
SCHEDULE 13G | ||
CUSIP No. 48208F105
|
Page 8 of 8 Pages
|
Exhibit No.
|
Description
|
|
Joint Filing Agreement, dated April 17, 2024 by and between the Reporting Persons
|