1.
|
NAME
OF REPORTING PERSONS
S.S.
OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Jonathan Honig
|
2.
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
|
|
|
3.
|
SEC
USE ONLY
|
4.
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
United States
|
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5.
|
SOLE
VOTING POWER
271,340
(1)
|
6.
|
SHARED
VOTING POWER
190,320
(2)
|
7.
|
SOLE
DISPOSITIVE POWER
271,340
(1)
|
8.
|
SHARED
DISPOSITIVE POWER
628,540
(2)(3)(4)
|
9.
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
899,880
(1)(2)(3)(4)
|
10.
|
CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [X]
|
11.
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.14%
(based on 11,052,235 shares outstanding as of December 31, 2018)
|
12.
|
TYPE
OF REPORTING PERSON
IN
|
(1)
|
Includes
(i) 5,000 shares held by Mr. Honig as UTMA custodian for Morgan Honig, (ii) 5,260 shares held by Mr. Honig as UTMA custodian
for Skylar Honig and (iii) 5,980 shares held by Mr. Honig as UTMA custodian for Jett Honig.
|
|
|
(2)
|
Includes
(i) 22,000 shares held by Titan Multi-Strategy Fund, Inc. (“Titan”) and (ii) 168,320 shares held by Titan Multi-Strategy
Fund, Inc. Profit Sharing Plan (the “Plan”). Mr. Honig is the President of Titan Multi-Strategy Fund, Inc. and
trustee of the Plan, and in such capacities has voting and dispositive power over the securities held by such entities.
|
|
|
(3)
|
Includes
(i) 122,320 shares held by Ronald Low, (ii) 77,500 shares held by Cynthia Low TR FBO Ronald Low Trust UA July
9, 2013, (iii) 225,000 shares held by Ronald Brian Low IRA TD Ameritrade Clearing, Custodian, (iv) 2,900 shares held
by Cynthia Low and (iv) 10,500 shares held by Cynthia Low IRA TD Ameritrade Clearing, Custodian. Ronald Low and Cynthia
Low are Mr. Honig’s father-in-law and mother-in-law, respectively, and Mr. Honig has dipositive power of the securities
held by the foregoing.
|
|
|
(4)
|
Excludes
37,200 shares beneficially owned by Mr. Honig’s wife to which the Reporting Person disclaims beneficial ownership.
|
1.
|
NAME
OF REPORTING PERSONS
S.S.
OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Titan Multi-Strategy Fund, Inc. IRS Identification No: 20-2540983
|
2.
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
|
|
|
3.
|
SEC
USE ONLY
|
4.
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Florida
|
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5.
|
SOLE
VOTING POWER
0
|
6.
|
SHARED
VOTING POWER
22,000(1)
|
7.
|
SOLE
DISPOSITIVE POWER
0
|
8.
|
SHARED
DISPOSITIVE POWER
22,000(1)
|
9.
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
22,000(1)
|
10.
|
CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
|
11.
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.20% (based on 11,052,235 shares outstanding as
of December 31, 2018)
|
12.
|
TYPE
OF REPORTING PERSON
CO
|
(1)
|
Mr.
Honig is the President of Titan, and in such capacity, has voting and dispositive power over the securities held by Titan.
|
1.
|
NAME
OF REPORTING PERSONS
S.S.
OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Titan Multi-Strategy Fund, Inc. Profit Sharing Plan
|
2.
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
|
|
|
3.
|
SEC
USE ONLY
|
4.
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Florida
|
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5.
|
SOLE
VOTING POWER
0
|
6.
|
SHARED
VOTING POWER
168,320(1)
|
7.
|
SOLE
DISPOSITIVE POWER
0
|
8.
|
SHARED
DISPOSITIVE POWER
168,320(1)
|
9.
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
168,320(1)
|
10.
|
CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
|
11.
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.52% (based on 11,052,235 shares outstanding as
of December 31, 2018)
|
12.
|
TYPE
OF REPORTING PERSON
OO
|
(1)
|
Mr.
Honig is the trustee of the Plan, and in such capacity has voting and dispositive power of securities held by the Plan.
|
Item 1(a).
Name of
Issuer:
GigaMedia
Limited (“Issuer”)
Item 1(b).
Address
of Issuer’s Principal Executive Offices:
8F.
No. 22, Land 407, Sec. 2, Tiding Boulevard,Taipei 114, Taiwan
Item 2(a).
Name of
Person Filing.
The
statement is filed on behalf of Jonathan Honig, Titan Multi-Strategy Fund, Inc. and Titan Multi-Strategy Fund, Inc. Profit Sharing
Plan (collectively, the “Reporting Person”).
Item 2(b).
Address
of Principal Business Office or, if None, Residence.
5825
Windsor Court, Boca Raton, Fl 33496
Item 2(c).
Citizenship.
Jonathan
Honig is a citizen of the United States. Both Titan Multi-Strategy Fund, Inc. (“Titan”) and Titan Multi-Strategy Fund,
Inc. Profit Sharing Plan (the “Plan”) are incorporated in the State of Florida.
Item 2(d).
Title
of Class of Securities.
Common
Stock, no par value.
Item 2(e).
CUSIP
Number.
Y2711Y112
Item 3.
Type of
Person
Not applicable.
Item 4.
Ownership.
(a)
Amount beneficially owned: 899,880 (1)(2)(3)(4)
(b)
Percent of class: 8.14% (based on 11,052,235 shares outstanding as of December 31, 2018)
(c)
Number of shares as to which the person has:
(i)
Sole power to vote or to direct the vote: 271,340(1)
(ii)
Shared power to vote or to direct the vote: 190,320(2)
(iii)
Sole power to dispose or to direct the disposition of: 271,340 (1)
(iv)
Shared power to dispose or to direct the disposition of: 628,540 (2)(3)(4)
(1)
|
Includes
(i) 5,000 shares held by Mr. Honig as UTMA custodian for Morgan Honig, (ii) 5,260 shares held by Mr. Honig as UTMA custodian
for Skylar Honig and (iii) 5,980 shares held by Mr. Honig as UTMA custodian for Jett Honig.
|
|
|
(2)
|
Includes
(i) 22,000 shares held by Titan and (ii) 168,320 shares held by the Plan. Mr. Honig is the President of Titan and trustee
of the Plan, and, in such capacities, has voting and dispositive power over the securities held by such entities.
|
|
|
(3)
|
Includes
(i) 122,320 shares held by Ronald Low, (ii) 77,500 shares held by Cynthia Low TR FBO Ronald Low Trust UA July
9, 2013, (iii) 225,000 shares held by Ronald Brian Low IRA TD Ameritrade Clearing, Custodian, (iv) 2,900 shares held
by Cynthia Low and (iv) 10,500 shares held by Cynthia Low IRA TD Ameritrade Clearing, Custodian. Ronald Low and Cynthia
Low are Mr. Honig’s father-in-law and mother-in-law, respectively, and Mr. Honig has dipositive power of the securities
held by the foregoing.
|
|
|
(4)
|
Excludes
37,200 shares beneficially owned by Mr. Honig’s wife to which the reporting person disclaims beneficial ownership.
|
Item
5.
Ownership
of Five Percent or Less of a Class.
Not applicable.
Item 6.
Ownership
of More than Five Percent on Behalf of Another Person.
Not Applicable.
Item7.
Identification
and Classification of the Subsidiary Which Acquired the Security Being Reported by the Parent Holding Company.
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.
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.
|
|
|
Jonathan
Honig
|
|
|
Date:
February 8, 2019
|
/s/
Jonathan Honig
|
|
Jonathan
Honig
|
|
Titan
Multi-Strategy Fund, Inc.
|
|
|
|
Date:
February 8, 2019
|
By:
|
/s/
Jonathan Honig
|
|
|
Jonathan
Honig, President
|
|
Titan
Multi-Strategy Fund, Inc. Profit Sharing Plan
|
|
|
|
Date:
February 8, 2019
|
By:
|
/s/
Jonathan Honig
|
|
|
Jonathan
Honig, Trustee
|