Sec Form 13D Filing - Activist Investing LLC filing for My Size Inc. (MYSZ) - 2021-12-29

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.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

(Rule 13d-101)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

§ 240.13d-2(a)

 

(Amendment No. 4)1

 

My Size, Inc.

(Name of Issuer)

 

Common Stock, $0.001 par value

(Title of Class of Securities)

 

62844N208

(CUSIP Number)

 

David E. Lazar

c/o ACTIVIST INVESTING llc

1185 Avenue of the Americas, Third Floor

New York, New York 10036

(646) 768-8417

 

SPENCER FELDMAN, ESQ.

Kenneth A. Schlesinger, ESQ.

OLSHAN FROME WOLOSKY LLP

1325 Avenue of the Americas

New York, New York 10019

(212) 451-2300

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

December 27, 2021

(Date of Event Which Requires Filing of This Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this Schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ☐.

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

 

The information required on 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).

 

 

1The 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 disclosures provided in a prior cover page.

 

 

 

 

 

 

1

NAME OF REPORTING PERSONS

 

David E. Lazar

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ☐

(b) ☐

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

OO, PF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐

 

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

USA, ISRAEL

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7

SOLE VOTING POWER

 

- 0 -

8

SHARED VOTING POWER

 

- 0 -

9

SOLE DISPOSITIVE POWER

 

- 0 -

10

SHARED DISPOSITIVE POWER

 

- 0 -

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

- 0 -

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14

TYPE OF REPORTING PERSON

 

IN

 

2

 

 

1

NAME OF REPORTING PERSONS

 

Custodian Ventures LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ☐

(b) ☐

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

WC

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐

 

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Wyoming

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7

SOLE VOTING POWER

 

- 0 -

8

SHARED VOTING POWER

 

- 0 -

9

SOLE DISPOSITIVE POWER

 

- 0 -

10

SHARED DISPOSITIVE POWER

 

- 0 -

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

- 0 -

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14

TYPE OF REPORTING PERSON

 

OO

 

3

 

 

1

NAME OF REPORTING PERSONS

 

Activist Investing LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) ☐

(b) ☐

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

WC

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐

 

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

New York

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7

SOLE VOTING POWER

 

- 0 -

8

SHARED VOTING POWER

 

- 0 -

9

SOLE DISPOSITIVE POWER

 

- 0 -

10

SHARED DISPOSITIVE POWER

 

- 0 -

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

- 0 -

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14

TYPE OF REPORTING PERSON

 

OO

 

4

 

 

The following constitutes Amendment No. 4 to the Schedule 13D filed by the undersigned (“Amendment No. 4”). This Amendment No. 4 amends the Schedule 13D as specifically set forth herein.

 

Item 5.Interest in Securities of the Issuer.

 

Items 5(a) – (c) are hereby amended and restated to read as follows:

 

The aggregate percentage of Shares reported owned by each person named herein is based upon 23,982,503 Shares outstanding, as of November 11, 2021, which is the total number of Shares outstanding as reported in the Issuer’s Prospectus on Form 424B3 filed with the SEC on November 26, 2021.

 

A.Activist Investing

 

(a)As of the date hereof, Activist Investing did not own any Shares.

 

Percentage: Approximately 0%

 

(b)1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 0

 

(c)The transactions in the Shares by Activist Investing during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

 

B.Custodian Ventures

 

(a)As of the date hereof, Custodian Ventures did not own any Shares.

 

Percentage: Approximately 0%

 

(b)1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 0

 

(c)The transactions in the Shares by Custodian Ventures during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

 

5

 

 

C.Mr. Lazar

 

(a)As of the date hereof, Mr. Lazar did not own any Shares.

 

Percentage: Approximately 0%

 

(b)1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 0

 

(c)The transactions in the Shares by Mr. Lazar during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

 

(e)As of December 28, 2021, the Reporting Persons ceased to be beneficial owners of more than 5% of the Shares.

 

6

 

 

SIGNATURES

 

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

 

Dated: December 29, 2021

 

  ACTIVIST INVESTING LLC
 
  By:

/s/ David E. Lazar

    Name: David E. Lazar
    Title: Chief Executive Officer

 

  CUSTODIAN VENTURES LLC
 
  By: /s/ David E. Lazar
    Name: David E. Lazar
    Title: Chief Executive Officer

 

 

/s/ David E. Lazar

  DAVID E. LAZAR

 

7

 

 

SCHEDULE A

 

Transaction in the Shares During the Past Sixty Days

 

Nature of Transaction  

Shares of Common Stock

Purchased/(Sold)

 

Price Per

Share($)

 

Date of

Purchase/Sale

             
activist investing llc
             
Sale of Common Stock   (14,895)   0.5811   12/27/2021
Sale of Common Stock   (30,000)   0.5800   12/27/2021
Sale of Common Stock   (10,000)   0.5807   12/27/2021
Sale of Common Stock   (10,000)   0.5812   12/27/2021
Sale of Common Stock   (10,000)   0.5800   12/27/2021
Sale of Common Stock   (10,000)   0.5811   12/27/2021
Sale of Common Stock   (10,000)   0.5825   12/27/2021
Sale of Common Stock   (10,000)   0.5800   12/27/2021
Sale of Common Stock   (20,000)   0.5800   12/27/2021
Sale of Common Stock   (20,000)   0.5826   12/27/2021
Sale of Common Stock   (20,000)   0.5851   12/27/2021
Sale of Common Stock   (20,000)   0.5800   12/27/2021
Sale of Common Stock   (20,000)   0.5800   12/27/2021
Sale of Common Stock   (30,000)   0.58   12/27/2021
Sale of Common Stock   (30,000)   0.5800   12/27/2021
Sale of Common Stock   (30,000)   0.5801   12/27/2021
Sale of Common Stock   (30,000)   0.5800   12/27/2021
Sale of Common Stock   (10,000)   0.5832   12/27/2021
Sale of Common Stock   (10,000)   0.5830   12/27/2021
Sale of Common Stock   (10,000)   0.5842   12/27/2021
Sale of Common Stock   (10,000)   0.5882   12/27/2021
Sale of Common Stock   (10,000)   0.5851   12/27/2021
Sale of Common Stock   (10,000)   0.5907   12/27/2021
Sale of Common Stock   (9,335)   0.5934   12/27/2021
Sale of Common Stock   (10,000)   0.6028   12/27/2021
             
Custodian Ventures LLC
             
Sale of Common Stock   (20,000)   0.591   12/27/2021
Sale of Common Stock   (20,000)   0.5911   12/27/2021
Sale of Common Stock   (30,000)   0.5857   12/27/2021
Sale of Common Stock   (30,000)   0.5814   12/27/2021
Sale of Common Stock   (50,000)   0.6333   12/27/2021
Sale of Common Stock   (100,000)   0.63   12/27/2021
Sale of Common Stock   (50,000)   0.5800   12/28/2021
Sale of Common Stock   (2,670)   0.5775   12/28/2021
Sale of Common Stock   (10,000)   0.5802   12/28/2021
Sale of Common Stock   (40,000)   0.58   12/28/2021

 

Sch. A-1

 

 

Sale of Common Stock   (30,000)   0.5850   12/28/2021
Sale of Common Stock   (80,000)   0.5880   12/28/2021
Sale of Common Stock   (50,000)   0.588   12/28/2021
Sale of Common Stock   (76,290)   0.5803   12/28/2021
Sale of Common Stock   (50,000)   0.5918   12/28/2021

 

David E. Lazar
             
Sale of Common Stock   (10,000)   0.6201   12/27/2021
Sale of Common Stock   (10,000)   0.6201   12/27/2021
Sale of Common Stock   (10,000)   0.62   12/27/2021
Sale of Common Stock   (10,000)   0.6201   12/27/2021
Sale of Common Stock   (10,000)   0.6208   12/27/2021
Sale of Common Stock   (2,000)   0.63   12/27/2021
Sale of Common Stock   (2,000)   0.6301   12/27/2021
Sale of Common Stock   (2,000)   0.6311   12/27/2021
Sale of Common Stock   (2,000)   0.6321   12/27/2021
Sale of Common Stock   (2,000)   0.6321   12/27/2021
Sale of Common Stock   (2,000)   0.631   12/27/2021
Sale of Common Stock   (2,000)   0.631   12/27/2021
Sale of Common Stock   (2,000)   0.6310   12/27/2021
Sale of Common Stock   (2,000)   0.6308   12/27/2021
Sale of Common Stock   (2,000)   0.6306   12/27/2021
Sale of Common Stock   (1,000)   0.6308   12/27/2021
Sale of Common Stock   (1,000)   0.6308   12/27/2021
Sale of Common Stock   (1,000)   0.6352   12/27/2021
Sale of Common Stock   (1,000)   0.6305   12/27/2021
Sale of Common Stock   (1,000)   0.6304   12/27/2021
Sale of Common Stock   (16,114)   0.5825   12/27/2021
Sale of Common Stock   (10,000)   0.5906   12/27/2021
Sale of Common Stock   (10,000)   0.5900   12/27/2021
Sale of Common Stock   (10,000)   0.59   12/27/2021
Sale of Common Stock   (10,000)   0.59   12/27/2021
Sale of Common Stock   (10,000)   0.59   12/27/2021
Sale of Common Stock   (10,000)   0.5906   12/27/2021
Sale of Common Stock   (10,000)   0.60   12/27/2021
Sale of Common Stock   (10,000)   0.6021   12/27/2021
Sale of Common Stock   (10,000)   0.6013   12/27/2021
Sale of Common Stock   (10,000)   0.6032   12/27/2021
Sale of Common Stock   (10,000)   0.6096   12/27/2021
Sale of Common Stock   (10,000)   0.601   12/27/2021
Sale of Common Stock   (10,000)   0.6009   12/27/2021
Sale of Common Stock   (10,000)   0.6008   12/27/2021
Sale of Common Stock   (10,000)   0.6150   12/27/2021
Sale of Common Stock   (10,000)   0.6150   12/27/2021
Sale of Common Stock   (10,000)   0.6151   12/27/2021
Sale of Common Stock   (10,000)   0.615   12/27/2021
Sale of Common Stock   (10,000)   0.6200   12/27/2021

 

Sch. A-2