CUSIP No. 88032L209
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS (See Instructions)
5 DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
WITH 7 SOLE VOTING POWER
8 SHARED VOTING POWER
9 SOLE DISPOSITIVE POWER
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12 THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14 TYPE OF REPORTING PERSON (See Instructions)
Item 1. Security and Issuer
(a) Name of Issuer Tenax Therapeutics, Inc.
(b) Address of Issuer's Principal Executive Offices
One Copley Parkway, Suite 490
Morrisville, North Carolina 27560
United States of America
Item 2. Identity and Background
(a) This statement on Schedule 13D is filed by Ziyad Binsalamah;
an individual legal resident of the state of Texas
(b) Address 2806-1850 Old Main Street, Houston, TX, 77030
(c) The Reporting Person is an individual investor
(d) The reporting person has not, during the last five years,
been convicted in a criminal proceeding
(e) The reporting person has not, during the last five years,
been party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and
as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of,
or prohibiting or mandating activities subject to, federal
or state securities laws or finding any violation with respect to such laws
(f) The reporting person is a citizen of Saudi Arabia
Item 3. Source or Amount of Funds or Other Consideration
A total amount of approximately $430,000.00
was paid to acquire the Shares reported
as beneficially owned by the Reporting Person.
The funds used to purchase these securities personal funds.
All Shares were purchased in the open market
Item 4. Purpose of Transaction
The Reporting Person purchased the Shares reported herein as
a passive investor based on the Reporting Person
belief that such securities represented
an attractive opportunity.
Depending on overall market conditions,
other investment opportunities available
to the Reporting Person,
and the availability of securities of the Issuer prices
that would make the purchase or sale of such securities desirable,
the Reporting Person may endeavor to
(i) increase or decrease his position in the Issuer through ,
among other things, the purchase or sale of securities of the Issuer
on the open market or in private transactions or otherwise
on such items and at such times as the Reporting Person may deem advisable
and/or (ii) enter into transaction that increase or hedge
the Reporting Person economic exposure to the Shares without
affecting the Reporting Person beneficial ownership of shares.
The Reporting person has no plans
to interfere with the Issuers plan or operations.
Item 5. Interest in Securities of the Issuer
(a) The aggregate percentage of shares reported
owned by the Reporting Person is based
on 9,218,556.00 Shares outstanding, which is the total
number of Shares outstanding as reported in the 10-Q
report on May 15, 2020
As of May 18, 2020, Ziyad Binsalamah beneficially owns 470000 or
5.1% of the outstanding Shares.
All Shares are held by the Reporting Person.
The Reporting Person does not own any Senior notes.
(b) The Reporting Person has sole power to
vote and dispose of the 470000 shares held by him individually.
(c) The following Shares were purchased in the open market
during the prior 60 days (based on settlement date):
Purchaser DATE Number of Shares AVERAGE PRICE
Ziyad Binsalamah 05/15/2020 459807 $0.89
Ziyad Binsalamah 05/18/2020 10193 $0.895
The following Shares were sold in the open market during
the prior 60 days (based on settlement date): None
Seller DATE Number of shares PRICE
(d) No person other than the Reporting Person is known to have
the right to receive, or the power to direct the receipt of dividends from,
or proceeds from the sale of, the Shares
(e) Not applicable
Item 6. Contracts, Arrangements, Understandings or relationships
with Respect to Securities of the Issue
There are no contracts, arrangements, understandings, or relationships
between the Reporting Person and any other person
with respect to any securities of the Issuer.
Item 7. Material to Be Filed as Exhibits.
Item 8. Certification.
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.
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.
Ziyad Binsalamah, MD