AMENDMENT NUMBER 2 TO SCHEDULE 13G
This Amendment No. 2 (this Amendment) to Schedule 13G (the Schedule 13G) is being filed on behalf of Anson Funds
Management LP (d/b/a Anson Funds), a Texas limited partnership, Anson Management GP LLC, a Texas limited liability company, Mr. Bruce R. Winson, the principal of Anson Funds Management LP and Anson Management GP LLC, Anson Advisors Inc.,
an Ontario, Canada corporation, Mr. Amin Nathoo, a director of Anson Advisors Inc., and Mr. Moez Kassam, a director of Anson Advisors Inc., relating to Common Stock, par value $0.0001 per share (the Common Stock), of Nxt-ID,
Inc., a Delaware corporation (the Issuer).
This Amendment to Schedule 13G relates to the Common Stock of the Issuer
underlying warrants purchased by a private fund to which Anson Funds Management LP and Anson Advisors Inc. serve as co-investment advisors (the Fund). Anson Funds Management LP and Anson Advisors
Inc. serve as co-investment advisors to the Fund and may direct the vote and disposition of the 3,885,672 shares of Common Stock underlying warrants held by the Fund that are exercisable within 60 days (which
are reduced due to the application of blocker limitations). As the general partner of Anson Funds Management LP, Anson Management GP LLC may direct the vote and disposition of the 3,885,672 shares of Common Stock underlying the warrants described
above. As the principal of Anson Funds Management LP and Anson Management GP LLC, Mr. Winson may direct the vote and disposition of the 3,885,672 shares of Common Stock underlying the warrants described above. As directors of Anson Advisors
Inc., Mr. Nathoo and Mr. Kassam may each direct the vote and disposition of the 3,885,672 shares of Common Stock underlying the warrants described above.
This Amendment amends and restates the previously filed Schedule 13G (as previously amended) as set forth below.
Item 1(a)
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Name of Issuer.
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Nxt-ID, Inc.
Item 1(b)
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Address of Issuers Principal Executive Offices.
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288 Christian Street
Hangar C, 2nd Floor
Oxford, CT, 06478
Item 2(a)
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Name of Person Filing.
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Anson Funds Management LP, Anson Management GP LLC, Mr. Bruce R. Winson, Anson Advisors Inc., Mr. Amin Nathoo and Mr. Moez
Kassam
Item 2(b)
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Address of Principal Business Office, or, if none, Residence.
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For Anson Funds Management LP, Anson Management GP LLC and Mr. Winson:
5950 Berkshire Lane, Suite 210
Dallas, Texas 75225
For Anson
Advisors Inc., Mr. Nathoo and Mr. Kassam:
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