Sec Form 13G Filing - Telcon RF Pharmaceutical Inc. filing for Emmaus Life Sciences Inc. (EMMA) - 2019-08-26

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 13G

Under the Securities Exchange Act of 1934

 

INFORMATION TO BE INCLUDED IN STATEMENT FILED PURSUANT
TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2

 

Emmaus Life Sciences, Inc.

(Name of Issuer)

 

Common Stock, $0.001 par value per share

(Title of Class of Securities)

 

29137T 101

(CUSIP Number)

 

July 17, 2019

(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 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall not be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

CUSIP NO. 29137T 101

Page 2 of 5

 

1. NAMES OF REPORTING PERSONS.

Telcon RF Pharmaceuticals, Inc.
   
2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐

(b) ☐

     
3.

SEC USE ONLY

 

   
4.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

South Korea

   

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

5. SOLE VOTING POWER 4,147,491
     
6. SHARED VOTING POWER  
     
7. SOLE DISPOSITIVE POWER 4,147,491
     
8. SHARED DISPOSITIVE POWER  

 

9.

AGGREGATE AMOU NT BENEFICIALLY OWNED BY EACH REPORTING PERSON.

 

4,147,491

   
10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     
11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

8.7% (1)

   
12.

TYPE OF REPORTING PERSON

 

CO

   

 

(1)Calculated based upon a total of 47,465,209 shares of common stock issued and outstanding immediately after the effective time of the Merger described in Item 4 as reported in the Issuer’s Current Report on Form 8-K/A filed with the Securities and Exchange Commission on August 14, 2019.

 

 

 

 

CUSIP NO. 29137T 101

Page 3 of 5

 

Item 1(a).Name of Issuer.

 

Emmaus Life Sciences, Inc. (formerly known as MYnd Analytics, Inc.), a Delaware corporation

 

Item 1(b).Address of Issuer’s Principal Executive Offices.

 

21250 Hawthorne Boulevard, Suite 800

Torrance, CA 90503

 

Item 2(a).Name of Person Filing.

 

Telcon RF Pharmaceuticals, Inc.

Item 2(b).Address of Principal Business Office, or, if None, Residence.

 

S-Tower 14th Floor

439 Bongunsa-ro, Gangnam-gu, Seoul, South Korea

 

Item 2(c).Citizenship.

 

South Korea

 

Item 2(d).Title of Class of Securities.

 

Common stock, $0.001 par value per share (the “Common Stock”)

 

Item 2(e).CUSIP No.

 

29137T 101

 

Item 3.If This Statement is Filed Pursuant to Rule 13d-1(b) or 13d-2(b), Check Whether the Person Filing is a:

 

Not applicable

 

Item 4.Ownership.

 

See Items 5-9 and 11 of the cover of this Schedule.

 

On July 17, 2019, Athena Merger Subsidiary, Inc., a wholly owned subsidiary of the Issuer, merged (the “Merger”) with and into EMI Holding, Inc. (formerly known as “Emmaus Life Sciences, Inc.” and herein “EMI”), with EMI as the surviving corporation. In the Merger, each outstanding share of common stock of EMI was converted into the right to receive 1.0504570 shares of common stock of the Issuer after giving effect to a 1-for-6 reverse stock split effected by the Issuer immediately prior to the Merger. Immediately after the effective time of the Merger, the Issuer had issued and outstanding approximately 47,465,209 shares of common stock.

 

 

 

 

CUSIP NO. 29137T 101

Page 4 of 5

 

Item 5.Ownership of Five Percent or Less of a Class.

 

If this Schedule 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.

 

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.

 

Exhibits.

 

Not applicable

 

 

 

 

CUSIP NO. 29137T 101

Page 5 of 5

 

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: August 26, 2019  
   
  Telcon RF Pharmaceuticals, Inc.
   
 

/s/ JIN WOO KANG

  Jin Woo Kang,
Director, Investor Relations