Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
(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
(Amendment No. 1)*
Fiverr International Ltd.
(Name of Issuer)
Ordinary Shares, no par value
(Title of Class of Securities)
M4R82T106
(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) |
| ☐ | 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, as amended (the “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).
| CUSIP No. M4R82T106 | 13G/A | Page 2 of 11 Pages |
| 1. |
Names of Reporting Persons
Qumra Capital I, L.P. | |
| 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
Cayman 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)
0.0% |
| 12. |
Type of Reporting Person (See Instructions)
PN |
| CUSIP No. M4R82T106 | 13G/A | Page 3 of 11 Pages |
| 1. |
Names of Reporting Persons
Qumra Capital GP I, L.P. | |
| 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
Cayman 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)
0.0% |
| 12. |
Type of Reporting Person (See Instructions)
PN |
| CUSIP No. M4R82T106 | 13G/A | Page 4 of 11 Pages |
| 1. |
Names of Reporting Persons
Qumra Capital Israel I 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
Israel | |
|
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)
0.0% |
| 12. |
Type of Reporting Person (See Instructions)
CO |
| CUSIP No. M4R82T106 | 13G/A | Page 5 of 11 Pages |
| 1. |
Names of Reporting Persons
Erez Shachar | |
| 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
Israel | |
|
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 (11) Excludes Certain Shares (See Instructions) ☐
|
| 11. |
Percent of Class Represented by Amount in Row (11)
0.0% |
| 12. |
Type of Reporting Person (See Instructions)
IN |
| CUSIP No. M4R82T106 | 13G/A | Page 6 of 11 Pages |
| 1. |
Names of Reporting Persons
Boaz Dinte | |
| 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
Israel | |
|
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 (11) Excludes Certain Shares (See Instructions) ☐
|
| 11. |
Percent of Class Represented by Amount in Row (11)
0.0% |
| 12. |
Type of Reporting Person (See Instructions)
IN |
| CUSIP No. M4R82T106 | 13G/A | Page 7 of 11 Pages |
Item 1(a). Name of Issuer:
The name of the issuer is Fiverr International Ltd. (the “Issuer”).
Item 1(b). Address of Issuer’s Principal Executive Offices:
The Issuer’s principal executive offices are located at 8 Eliezer Kaplan Street, Tel Aviv, 6473409, Israel.
Item 2(a). Name of Person Filing:
The following entities and individuals, listed in (i)-(vii) below, who are filing this Amendment No. 1 (this “Amendment”) to the Statement of Beneficial Ownership on Schedule 13G filed on February 14, 2020 (the “Statement”), are referred to herein collectively as the “Reporting Persons”, and the two individuals whose names appear in (iv)-(v) below, collectively, as the “Reporting Individuals”:
| (i) | Qumra Capital I, L.P. (“Qumra Capital LP”) | |
| (ii) | Qumra Capital GP I, L.P. (“Qumra Capital GP”) | |
| (iii) | Qumra Capital Israel I Ltd. (“Qumra Capital GP GP”) | |
| (iv) | Erez Shachar | |
| (v) | Boaz Dinte |
Qumra Capital GP serves as the general partner for each of Qumra Capital LP and Qumra-Union Joint Investment L.P. (“Qumra Joint”), each of which had held the ordinary shares reported in the Statement. Qumra Capital GP GP serves as the general partner for Qumra Capital GP. Each of the Reporting Individuals holds indirectly 50% of the outstanding equity interests of Qumra Capital GP GP and, therefore, they possessed ultimate shared voting and investment authority with respect to all ordinary shares of the Issuer that were beneficially owned by the Reporting Persons.
This Amendment is being filed to report that in November 2020, the Reporting Persons disposed of all remaining ordinary shares of the Issuer held by them.
Item 2(b). Address of Principal Business Office or, if None, Residence:
The principal business office of each Reporting Person is c/o Qumra Capital, 4 Haneviim St., Tel Aviv, Israel.
Item 2(c). Citizenship:
The citizenship or state of organization, as applicable, of each Reporting Person is as follows:
| (i) | Qumra Capital LP— Cayman Islands | |
| (ii) | Qumra Capital GP— Cayman Islands | |
| (iii) | Qumra Capital GP GP— Israel | |
| (iv) | Each Reporting Individual— Israel |
| CUSIP No. M4R82T106 | 13G/A | Page 8 of 11 Pages |
Item 2(d). Title of Class of Securities:
This Amendment relates to the ordinary shares, no par value, of the Issuer (“ordinary shares”).
Item 2(e). CUSIP Number:
The CUSIP number of the ordinary shares is M4R82T106.
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); | |
| (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: _________________
Not applicable.
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
| I. | Qumra Capital LP |
| (a) | Amount beneficially owned: 0 ordinary shares | |
| (b) | Percent of class: 0.0% | |
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote: 0 | |
| (ii) | Shared power to vote or to direct the vote: 0 | |
| (iii) | Sole power to dispose of or to direct the disposition of: 0 | |
| (iv) | Shared power to dispose of or to direct the disposition of: 0 |
| CUSIP No. M4R82T106 | 13G/A | Page 9 of 11 Pages |
| II. | Qumra Capital GP |
| (a) | Amount beneficially owned: 0 ordinary shares | |
| (b) | Percent of class: 0.0% | |
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote: 0 | |
| (ii) | Shared power to vote or to direct the vote: 0 | |
| (iii) | Sole power to dispose of or to direct the disposition of: 0 | |
| (iv) | Shared power to dispose of or to direct the disposition of: 0 |
| III. | Qumra Capital GP GP |
| (a) | Amount beneficially owned: 0 ordinary shares | |
| (b) | Percent of class: 0.0% | |
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote: 0 | |
| (ii) | Shared power to vote or to direct the vote: 0 | |
| (iii) | Sole power to dispose of or to direct the disposition of: 0 | |
| (iv) | Shared power to dispose of or to direct the disposition of: 0 |
| IV. | Each Reporting Individual |
| (a) | Amount beneficially owned: 0 ordinary shares | |
| (b) | Percent of class: 0.0% | |
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote: 0 | |
| (ii) | Shared power to vote or to direct the vote: 0 | |
| (iii) | Sole power to dispose of or to direct the disposition of: 0 | |
| (iv) | Shared power to dispose of or to direct the disposition of: 0 |
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: ☒
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.
Not applicable.
| CUSIP No. M4R82T106 | 13G/A | Page 10 of 11 Pages |
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.
| QUMRA CAPITAL I, L.P. | ||||
| By: | Qumra Capital GP I, L.P., its General Partner | |||
| By: | Qumra Capital Israel I Ltd., its General Partner | |||
| By: | /s/ Erez Shachar | |||
| Name: Erez Shachar | ||||
| Title: Managing Partner | ||||
| QUMRA CAPITAL GP I, L.P. | ||||
| By: | Qumra Capital Israel I Ltd., its General Partner | |||
| By: | /s/ Erez Shachar | |||
| Name: Erez Shachar | ||||
| Title: Managing Partner | ||||
| Qumra Capital Israel I Ltd. | ||||
| By: | /s/ Erez Shachar | |||
| Name: Erez Shachar | ||||
| Title: Managing Partner | ||||
| /s/ Erez Shachar | ||||
| EREZ SHACHAR | ||||
| /s/ Boaz Dinte | ||||
| BOAZ DINTE | ||||
| Dated: February 24, 2021 | ||||
| CUSIP No. M4R82T106 | 13G/A | Page 11 of 11 Pages |
EXHIBITS
| Exhibit 1 – Joint Filing Agreement pursuant to Rule 13d-1(k)(1) (incorporated by reference to Exhibit 1 to the Statement. |