| Item 1. | |
| (a) | Name of issuer:
PolyPid Ltd. |
| (b) | Address of issuer's principal executive offices:
18 Hasivim Street, Petach Tikva, Israel, 495376 |
| Item 2. | |
| (a) | Name of person filing:
(i) Aurum Ventures M.K.I. Ltd. (''Aurum''); and
(ii) Morris Kahn
Each of the foregoing entity and person is referred to as a ''Reporting Person'', and collectively they are referred to as the ''Reporting Persons''.
Morris Kahn is the ultimate sole beneficial shareholder of Aurum, as the outstanding shares of Aurum are held indirectly by a trust for which Mr. Kahn is the settlor and the sole ultimate beneficiary. Consequently, Mr. Kahn may be deemed to share beneficial ownership of the Ordinary Shares (as referenced in Item 2(d) below) held by Aurum. Mr. Kahn does not make day-to-day voting or investment decisions with respect to the Ordinary Shares held by Aurum and therefore disclaims beneficial ownership of them except to the extent of his pecuniary interest therein. |
| (b) | Address or principal business office or, if none, residence:
c/o Aurum Group, 16 Abba Hillel Road, Ramat Gan 5250608, Israel |
| (c) | Citizenship:
Aurum - Israel
Morris Kahn - Israel |
| (d) | Title of class of securities:
Ordinary Shares, no par value |
| (e) | CUSIP No.:
M8001Q118 |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) |  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
|
| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
|
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
|
| | |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
2,014,202 |
| (b) | Percent of class:
Aurum: 19.8%
Morris Kahn: 19.8% |
| (c) | Number of shares as to which the person has:
|
| | (i) Sole power to vote or to direct the vote:
Aurum: 2,014,202
Morris Kahn: 0
|
| | (ii) Shared power to vote or to direct the vote:
Aurum: 0
Morris Kahn: 2,014,202
|
| | (iii) Sole power to dispose or to direct the disposition of:
Aurum: 2,014,202
Morris Kahn: 0
|
| | (iv) Shared power to dispose or to direct the disposition of:
Aurum: 0
Morris Kahn: 2,014,202
|
| Item 5. | Ownership of 5 Percent or Less of a Class. |
| |
Not Applicable
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| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
| |
Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
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Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. |
| |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. |
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Not Applicable
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Rule 13d-1(c)