Stereotaxis, Inc.
|
(Name of Issuer)
|
Common Stock
|
(Title of Class of Securities)
|
85916J409
|
(CUSIP Number)
|
December 31, 2020
|
(Date of Event which Requires Filing of this Statement)
|
☐ |
Rule 13d-1(b)
|
☒ |
Rule 13d-1(c)
|
☐ |
Rule 13d-1(d)
|
CUSIP No.
|
85916J409
|
1
|
NAMES OF REPORTING PERSONS
|
|
|
||
Arbiter Partners QP, LP
|
|
|
|||
|
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☐
|
|||||
(b)☒
|
|
|
|||
3
|
SEC USE ONLY
|
|
|
||
|
|
|
|||
|
|
||||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
||
Delaware
|
|
|
|||
|
|
||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
|
|
4,208,952
|
|
|
|||
|
|
||||
6
|
SHARED VOTING POWER
|
|
|
||
None
|
|
|
|||
|
|
||||
7
|
SOLE DISPOSITIVE POWER
|
|
|
||
4,208,952
|
|
|
|||
|
|
||||
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
None
|
|
|
|||
|
|
||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
4,208,952
|
|
|
|||
|
|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
☐
|
|
|
|||
|
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
5.7%
|
|
|
|||
|
|
||||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|
|
||
PN
|
|
|
|||
|
|
CUSIP No.
|
85916J409
|
1
|
NAMES OF REPORTING PERSONS
|
|
|
||
Arbiter Partners Capital Management LLC
|
|
|
|||
|
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☐
|
|||||
(b)☒
|
|
|
|||
3
|
SEC USE ONLY
|
|
|
||
|
|
|
|||
|
|
||||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
||
Delaware
|
|
|
|||
|
|
||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
|
|
None
|
|
|
|||
|
|
||||
6
|
SHARED VOTING POWER
|
|
|
||
4,270,952
|
|
|
|||
|
|
||||
7
|
SOLE DISPOSITIVE POWER
|
|
|
||
None
|
|
|
|||
|
|
||||
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
4,270,952
|
|
|
|||
|
|
||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
4,270,952
|
|
|
|||
|
|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
☐
|
|
|
|||
|
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
5.8%
|
|
|
|||
|
|
||||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|
|
||
IA
|
|
|
|||
|
|
CUSIP No.
|
85916J409
|
1
|
NAMES OF REPORTING PERSONS
|
|
|
||
Paul J. Isaac
|
|
|
|||
|
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☐
|
|||||
(b)☒
|
|
|
|||
3
|
SEC USE ONLY
|
|
|
||
|
|
|
|||
|
|
||||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
||
US citizen
|
|
|
|||
|
|
||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
|
|
None
|
|
|
|||
|
|
||||
6
|
SHARED VOTING POWER
|
|
|
||
4,270,952
|
|
|
|||
|
|
||||
7
|
SOLE DISPOSITIVE POWER
|
|
|
||
None
|
|
|
|||
|
|
||||
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
4,270,952
|
|
|
|||
|
|
||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
4,270,952
|
|
|
|||
|
|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
☐
|
|
|
|||
|
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
5.8%
|
|
|
|||
|
|
||||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|
|
||
IN
|
|
|
|||
|
|
(a) |
Name of Issuer: Stereotaxis, Inc.
|
(b) |
Address of Issuer’s Principal Executive Offices:
|
(a) |
Name of Person Filing:
|
(b) |
Address of Principal Business Office or, if None, Residence: 530 Fifth Avenue, 20th Fl, New York, NY 10036
|
(c) |
Citizenship: Arbiter Partners Capital Management LLC and Arbiter Partners QP, LP are Delaware entities. Paul J. Isaac
is a US citizen.
|
(d) |
Title and Class of Securities: Common Stock
|
(e) |
CUSIP No.: 85916J409
|
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; |
(b) | ☐ |
Bank as defined in Section 3(a)(6) of the Act; |
(c) | ☐ |
Insurance company as defined in Section 3(a)(19) of the Act; |
(d) | ☐ |
Investment company registered under Section 8 of the Investment Company Act of 1940; |
(e) | ☐ |
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); |
(f) | ☐ |
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); |
(g) | ☐ |
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); |
(h) | ☐ |
A savings associations 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; |
(j) | ☐ |
A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J); |
(k) | ☐ |
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: |
Item 4. |
Ownership
|
(a) |
Amount Beneficially Owned: 4,208,952
|
(b) |
Percent of Class: 5.7%
|
(c) |
Number of shares as to which such person has:
|
i. |
Sole power to vote or to direct the vote: 4,208,952
|
|
ii. |
Shared power to vote or to direct the vote: None
|
|
iii. |
Sole power to dispose or to direct the disposition of: 4,208,952
|
|
iv. |
Shared power to dispose or to direct the disposition of: None
|
(a) |
Amount Beneficially Owned: 4,270,952
|
(b) |
Percent of Class: 5.8%
|
(c) |
Number of shares as to which such person has:
|
v. |
Sole power to vote or to direct the vote: None
|
|
vi. |
Shared power to vote or to direct the vote: 4,270,952
|
|
vii. |
Sole power to dispose or to direct the disposition of: None
|
|
viii. |
Shared power to dispose or to direct the disposition of: 4,270,952
|
(a) |
Amount Beneficially Owned: 4,270,952
|
(b) |
Percent of Class: 5.8%
|
(c) |
Number of shares as to which such person has:
|
i. |
Sole power to vote or to direct the vote: None
|
|
ii. |
Shared power to vote or to direct the vote: 4,270,952
|
|
iii. |
Sole power to dispose or to direct the disposition of: None
|
|
iv. |
Shared power to dispose or to direct the disposition of: 4,270,952
|
Item 5. |
Ownership of Five Percent or Less of a Class.
|
Item 6. |
Ownership of more than Five 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.
|
1
|
Arbiter Partners Capital Management LLC, a registered investment adviser, acts as an investment adviser for Arbiter Partners QP, LP.
|
2
|
Mr. Isaac controls Arbiter Partners Capital Management LLC, as well as certain managed accounts.
|
Item 9. |
Notice of Dissolution of Group.
|
Item 10. |
Certifications.
|
Dated: February 17, 2021
|
||
Arbiter Partners Capital Management LLC
|
||
By:
|
/s/ Paul J. Isaac
|
|
Paul J. Isaac
|
||
Manager
|
||
Arbiter Partners QP, LP
|
||
By:
|
Broken Clock Management LLC
|
|
Its general partner
|
||
By:
|
/s/ Paul J. Isaac
|
|
Paul J. Isaac
|
||
Managing Member
|
||
/s/ Paul J. Isaac
|
||
Paul J. Isaac
|