SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO §240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO § 240.13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Amendment No. 1
| AquaBounty Technologies, Inc. |
| (Name of Issuer) |
| Common Stock, par value $0.001 per share |
| (Title of Class of Securities) |
| 03842K200 |
| (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:
¨ Rule 13d-1(b)
x 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.
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).
SCHEDULE 13G
| CUSIP No. | 03842K200 |
| 1 | NAMES OF REPORTING PERSONS |
| Sopica Special Opportunities Fund LTD | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) |
|
(a) ¨ (b) ¨ | |
| 3 | SEC USE ONLY |
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| British Virgin Islands |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER |
0 | ||
| 6 | SHARED VOTING POWER | |
0 | ||
| 7 | SOLE DISPOSITIVE POWER | |
0 | ||
| 8 | SHARED DISPOSITIVE POWER | |
0 |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| 0 | |
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) |
| ¨ | |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| 0% | |
| 12 | TYPE OF REPORTING PERSON (See Instructions) |
| FI |
SCHEDULE 13G
| CUSIP No. | 03842K200 |
| 1 | NAMES OF REPORTING PERSONS |
| Sopica Global Retail Growth Fund LTD | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) |
|
(a) ¨ (b) ¨ | |
| 3 | SEC USE ONLY |
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| British Virgin Islands |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER |
0 | ||
| 6 | SHARED VOTING POWER | |
0 | ||
| 7 | SOLE DISPOSITIVE POWER | |
0 | ||
| 8 | SHARED DISPOSITIVE POWER | |
0 |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| 0 | |
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) |
| ¨ | |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| 0% | |
| 12 | TYPE OF REPORTING PERSON (See Instructions) |
| FI |
SCHEDULE 13G
| CUSIP No. | 03842K200 |
| 1 | NAMES OF REPORTING PERSONS |
| LLF Financial S.A. | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) |
|
(a) ¨ (b) ¨ | |
| 3 | SEC USE ONLY |
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| Luxembourg |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER |
0 | ||
| 6 | SHARED VOTING POWER | |
0 | ||
| 7 | SOLE DISPOSITIVE POWER | |
0 | ||
| 8 | SHARED DISPOSITIVE POWER | |
0 |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| 0 | |
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) |
| ¨ | |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| 0% | |
| 12 | TYPE OF REPORTING PERSON (See Instructions) |
| FI |
Explanatory Note
This amendment reflects that each of the Reporting Persons has ceased to be the beneficial owner of more than five percent of the Common Stock of the Issuer.
| Item 1(a). | Name of Issuer: |
AquaBounty Technologies, Inc. (the “Issuer”)
Item 1(b). Address of Issuer’s Principal Executive Offices:
2 Mill & Main Place, Suite 395
Maynard, Massachusetts 01754
| Item 2(a). | Name of Person Filing: |
This statement is being filed by:
| (i) | Sopica Special Opportunities Fund LTD (“SSOF”) |
| (ii) | Sopica Global Retail Growth Fund LTD (“SGRGF”) |
| (iii) | LLF Financial S.A. (“LLFF”) |
Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.”
| Item 2(b). | Address of Principal Business Office for All Reporting Persons: |
The principal place of business of LLFF is:
23 Rue Aldringen
Luxembourg, Luxembourg L-1118
The principal place of business of each of SSOF and SGRGF is:
Folio Chambers, Road Town
Tortola, British Virgin Islands VG1110
| Item 2(c). | Citizenship: |
SSOF and SGRGF are each organized under the laws of the British Virgin Islands. LLFF is organized under the laws of Luxembourg.
| Item 2(d). | Title of Class of Securities: |
Common Stock, par value $0.001 per share (the “Common Stock”)
| Item 2(e). | CUSIP Number: |
03842K200 |
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 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 (15 U.S.C. 80a-3); |
| (j) | x A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J); |
| (k) | ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(K). |
If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: (i) with respect to SSOF and SGRGF, an investment company, and (ii) with respect to LLFF, an investment adviser.
Item 4. Ownership
(a) – (b)
Based on 44,960,806 shares of Common Stock of the Issuer outstanding as of November 2, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 3, 2020, increased by 10,028,000 shares of Common Stock issued in connection with an underwritten public offering, as reported in the Issuer’s Current Report on Form 8-K filed with the Securities and Exchange Commission on December 14, 2020:
| (i) | SSOF beneficially owns no shares of Common Stock, directly or indirectly, constituting 0% of the shares of Common Stock outstanding; |
| (ii) | SGRGF beneficially owns no shares of Common Stock, directly or indirectly, constituting 0% of the shares of Common Stock outstanding; and |
| (iii) | LLF beneficially owns no shares of Common Stock, directly or indirectly, constituting 0% of the shares of Common Stock outstanding. |
(c)
The information in Rows 5-9 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person. Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock that are not directly owned by such Reporting Person, except to the extent of their pecuniary interest therein.
| 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 five percent of the class of securities, check the following: [X]
| Item 6. | Ownership of more than Five Percent on Behalf of Another Person. |
Not Applicable.
| Item 7. | Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person. |
Not Applicable.
| Item 8. | Identification and classification of members of the group. |
Not Applicable.
| Item 9. | Notice of Dissolution of Group. |
Not Applicable.
| Item 10. | Certifications. |
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.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: January 4, 2021
|
Sopica Special Opportunities Fund LTD
| |
|
By: /s/ Marie-Laure Aflalo Name: Marie-Laure Aflalo Title: Director | |
|
By: /s/ Lionel Elie Mamane | |
|
Name: Lionel Elie Mamane Title: Director |
|
|
|
|
|
Sopica Global Retail Growth Fund LTD
| |
|
By: /s/ Marie-Laure Aflalo Name: Marie-Laure Aflalo Title: Director | |
|
By: /s/ Lionel Elie Mamane | |
|
Name: Lionel Elie Mamane Title: Director
|
|
| LLF Financial S.A. | |
|
By: /s/ Yuriy Lopatynskyy Name: Yuriy Lopatynskyy Title: Managing Director |
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).