(1)
The percentages reported in this Schedule 13D are based upon
27,707,329
shares of common stock issued and outstanding as of
November 6, 2017
(
according to the
Report on
Form
10-Q
filed by the Issuer on
November 9, 2017
.
This
Amendment No. 1 to
Schedule 13D is
filed
to report certain dispositions of shares of
common stock,
par value
$0.0001
per share
(the “
Common Stock”), of Finjan Holdings
,
Inc., a Delaware corporation (the “Issuer
”), by the Reporting Persons. This Amendment No. 1 supplements and amends the Schedule 13D originally filed with
the
Securities
and
Exchange Commission on June 13, 2013 (the “Schedule 13D”). Only those items that are hereby reported are amended; all other items remain unchanged. This Amendment No. 1
is being filed by Israel Seed IV,
L.P
., a Cayman Islands limited partnership
(“Israel Seed”),
Israel Venture Partners 2000 Limited
, a Cayman Islands company
(“Israel
Ventures”),
and Neil Cohen (“Cohen”).
This Amendment No. 1 reports transactions effected by the Reporting Persons from the date of the Schedule 13D to the date that this Amendment No. 1 is filed with the Securities and Exchange Commission.
ITEM 3.
Source and Amount of Funds or Other Consideration.
Item 3 of Schedule 13D is hereby amended by adding the following to the end thereof:
On August 22, 2013, the Issuer effected a 12-for-1 reverse stock split of its Common Stock (the “Reverse Split”). As a result of the Reverse Split, the number of shares of Common Stock outstanding was reduced to approximately 22,368,415 shares, and the Reporting Persons’ number of shares of Common Stock held was reduced to approximately 4,365,206 shares.
Page 5 of 7 Pages
Israel Seed
sold shares
of the
Issuer’s Common Stock on the open market as set forth below:
Date of Transaction
|
Number of shares of Common Stock
|
Price per share
|
January 23, 2018
|
71,820
|
$ 2.3375
(1)
|
January 22, 2018
|
13,180
|
$2.3001
(1)
|
January 18, 2018
|
26,226
|
$2.4358
(1)
|
January 16, 2018
|
4,349
|
$2.302
(1)
|
January 12, 2018
|
9,425
|
$2.3004
(1)
|
January 11, 2018
|
54,270
|
$2.2875
(1)
|
January 10, 2018
|
25,109
|
$2.20
|
January 8, 2018
|
11,683
|
$2.4506
(1)
|
January 5, 2018
|
21,200
|
$2.4501
(1)
|
January 2, 2018
|
27,020
|
$
2.5002
(1)
|
December 20, 2017
|
145,200
|
$
2.5625
(1)
|
December 1, 2017
|
5,100
|
$
2.45
|
July 21, 2017
|
14,891
|
$
3.4811
(1)
|
July 20, 2017
|
2,570
|
$
3.4979
(1)
|
July 19, 2017
|
17,960
|
$
3.4897
(1)
|
June 22, 2017
|
87,342
|
$
3.4928
(1)
|
June 6, 2017
|
59,077
|
$
3.4869
(1)
|
May 24, 2017
|
73,395
|
$
3.4796
(1)
|
May 23, 2017
|
82,079
|
$
3.5024
(1)
|
May 22, 2017
|
114,320
|
$
3.2346
(1)
|
May 19, 2017
|
85,680
|
$
3.0621
(1)
|
May 18, 2017
|
40,932
|
$
2.9013
(1)
|
May 15, 2017
|
80,284
|
$
2.7849
(1)
|
May 12, 2017
|
133,512
|
$
2.5691
(1)
|
May 10, 2017
|
15,960
|
$
2.20
(1)
|
May 9, 2017
|
34,040
|
$
2.1266
(1)
|
May 8, 2017
|
50,000
|
$
2.015
(1)
|
April 26, 2017
|
47,800
|
$
2.0022
(1)
|
April 19, 2017
|
50,000
|
$
1.90
|
April 18, 2017
|
50,000
|
$
1.84
|
April 4, 2017
|
5,400
|
$
1.80
(1)
|
April 3, 2017
|
17,100
|
$
1.8322
(1)
|
March 31, 2017
|
50,200
|
$
1.6982
(1)
|
March 30, 2017
|
14,050
|
$
1.6097
(1)
|
March 28, 2017
|
36,050
|
$
1.6022
(1)
|
March 21, 207
|
21,116
|
$
1.5009
(1)
|
March 20, 2017
|
5,100
|
$
1.50
(1)
|
March 17, 2017
|
4,000
|
$
1.5003
(1)
|
March 6, 2017
|
6,544
|
$
1.50
(1)
|
March 3, 2017
|
9,927
|
$
1.5016
(1)
|
January 26, 2017
|
3,513
|
$
1.50
(1)
|
(1)
|
Average price. These shares were sold in multiple transactions.
|
Item 5.
Interest in Securities of the Issuer.
Item 5(a)
and
(b) are hereby amended and restated in their entirety as follows:
(a) (b) Israel Seed is the beneficial owner of 2,737,782 shares of Common Stock of the Issuer, constituting 9.88% of the outstanding common stock. The
general
partner
of Israel Seed
is Israel Venture
.
Cohen, Jonathan Medved
and Michael Eisenberg
are the current
members of
Israel Venture. However,
Cohen is the managing member of Israel Venture and, in his capacity as such, has voting and dispositive power with respect to such shares, and accordingly, may be deemed to beneficially own such shares.
Page 6 of 7 Pages
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.