SEC Form SC 13G/A filed

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

ORAMED PHARMACEUTICALS INC.

(Name of Issuer)

Common Stock, par value $0.012 per share

(Title of Class of Securities)

68403P203

(CUSIP Number)

December 31, 2020

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

* 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.

The information required in 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 (“Act”) 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).

This Amendment No. 1 is filed with respect to shares of Common Stock (as defined below) of Oramed Pharmaceuticals, Inc. beneficially owned by the Reporting Persons (as defined below) as of December 31, 2020, and amends and reinstates the Schedule 13G filed by the Reporting Persons on February 11, 2020.

Oramed Pharmaceuticals Inc.

1185 Avenue of the Americas, Suite 228, New York, NY 10036.

This Schedule is filed on behalf of each of the following Reporting Persons:

(1) Regals Capital Management LP (“Regals Management”)

(2) Regals Fund LP (“Regals Fund”)

(3) David M. Slager (“Mr. Slager”)

The address of each Reporting Person is:

c/o Regals Capital Management LP
152 West 57th Street, 9th Floor
New York, NY 10019

Each of Regals Management and Regals Fund is a Delaware limited partnership.

Mr. Slager is a citizen of The Netherlands.

Common Stock.

Not Applicable

(a) Amount beneficially owned:

Each Reporting Person may be deemed to beneficially own 1,344,123 shares of Common Stock of the Issuer, including 20,000 shares underlying currently exercisable shares. Regals Management is the investment manager of Regals Fund, the owner of record of the Common Stock reported in this Schedule. Mr. Slager is the managing member of the general partner of Regals Management. All investment decisions are made by Mr. Slager, and thus the power to vote or direct the votes of these shares of Common Stock, as well as the power to dispose or direct the disposition of such shares of common stock is held by Slager through Regals Management.

(b) Percent of class:

Each Reporting Person may be deemed to beneficially own 5.04% of the outstanding shares of Common Stock of the Issuer based upon 26,661,004 shares of Common Stock issued and outstanding as of January 14, 2021, as reported in Issuer’s Quarterly Report form 10-Q, filed with the Securities and Exchange Commission on January 14, 2021.

(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

(ii) Shared power to vote or to direct the vote:

(iii) Sole power to dispose or to direct the disposition of:

(iv) Shared power to dispose or to direct the disposition of:

Reference is made to Item 4(a) above as to the Issuer’s Common Stock that may be deemed to be beneficially owned by the Reporting Persons.

Not Applicable

Not Applicable

Not Applicable

Not Applicable

Not Applicable

By signing below each Reporting Person certifies that, to the best of its 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.

SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, each Reporting Person certifies that the information set forth in this statement is true, complete and correct.

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

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