Filing Details
- Accession Number:
- 0001140361-17-026780
- Form Type:
- 13D Filing
- Publication Date:
- 2017-06-30 11:51:49
- Filed By:
- Davis J Morton
- Company:
- Engex Inc (OTCMKTS:EXGI)
- Filing Date:
- 2017-06-30
- SEC Url:
- 13D Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| J. Morton Davis | 709,869 | 0 | 709,869 | 0 | 1,130,204 | 69.5% |
| Rosalind Davidowitz | 420,335 | 0 | 420,335 | 0 | 1,130,204 | 69.5% |
| Izor | 167,429 | 0 | 167,429 | 0 | 167,429 | 10.2% |
Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 15
SCHEDULE 13D/A
Information to be Included in Statements Filed Pursuant
to Rule 13d-1(a) and Amendments Thereto Filed Pursuant to Rule 13d-2(a)
| Engex, Inc. |
| (Name of Issuer) |
| COMMON STOCK, $.10 PAR VALUE |
| (Title of Class of Securities) |
| 292851102 |
| (CUSIP Number) |
David Selengut, Esq.
c/o Ellenoff Grossman & Schole LLP
1345 Avenue of the Americas
New York, NY 10105
(212) 370-1300
| (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
| June 26, 2017 |
| (Date of Event which Requires Filing of this Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. ☐
Note: schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
SCHEDULE 13D/A
| CUSIP No. 292851102 | Page 2 of 7 pages |
| 1 | NAME OF REPORTING PERSON | | | ||
| J. Morton Davis | | | |||
| | | ||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | (a) | ☐ | ||
| (b) | ☒ | ||||
| | | ||||
| 3 | SEC USE ONLY | | | ||
| | | | |||
| | | ||||
| 4 | SOURCE OF FUNDS* | | | ||
| See Item #3 herein | | | |||
| | | ||||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | | ||||
| | | ||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
| United States | | | |||
| | | ||||
| NUMBER OF SHARES BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
| 709,869 | | | |||
| | | ||||
| 8 | SHARED VOTING POWER | | | ||
| 0 | | | |||
| | | ||||
| 9 | SOLE DISPOSITIVE POWER | | | ||
| 709,869 | | | |||
| | | ||||
| 10 | SHARED DISPOSITIVE POWER | | | ||
| 0 | | | |||
| | | ||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
| 1,130,204 | | | |||
| | | ||||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | | ☐ | ||
| | | ||||
| | | ||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
| 69.5% | | | |||
| | | ||||
| 14 | TYPE OF REPORTING PERSON* | | | ||
| IN | | | |||
| | | ||||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D/A
| CUSIP No. 292851102 | Page 3 of 7 pages |
| 1 | NAME OF REPORTING PERSON | | | ||
| Rosalind Davidowitz | | | |||
| | | ||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | (a) | ☐ | ||
| (b) | ☐ | ||||
| | | ||||
| 3 | SEC USE ONLY | | | ||
| | | | |||
| | | ||||
| 4 | SOURCE OF FUNDS* | | | ||
| See Item #3 herein | | | |||
| | | ||||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | | ||||
| | | ||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
| United States | | | |||
| | | ||||
| NUMBER OF SHARES BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
| 420,335 | | | |||
| | | ||||
| 8 | SHARED VOTING POWER | | | ||
| 0 | | | |||
| | | ||||
| 9 | SOLE DISPOSITIVE POWER | | | ||
| 420,335 | | | |||
| | | ||||
| 10 | SHARED DISPOSITIVE POWER | | | ||
| 0 | | | |||
| | | ||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
| 1,130,204 | | | |||
| | | ||||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | | ☐ | ||
| | | ||||
| | | ||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
| 69.5% | | | |||
| | | ||||
| 14 | TYPE OF REPORTING PERSON* | | | ||
| IN | | | |||
| | | ||||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D/A
| CUSIP No. 292851102 | Page 4 of 7 pages |
| 1 | NAME OF REPORTING PERSON | | | ||
| Izor LLC | | | |||
| | | ||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | (a) | ☐ | ||
| (b) | ☒ | ||||
| | | ||||
| 3 | SEC USE ONLY | | | ||
| | | | |||
| | | ||||
| 4 | SOURCE OF FUNDS* | | | ||
| See Item #3 herein | | | |||
| | | ||||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | | ||||
| | | ||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
| New York | | | |||
| | | ||||
| NUMBER OF SHARES BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
| 167,429 | | | |||
| | | ||||
| 8 | SHARED VOTING POWER | | | ||
| 0 | | | |||
| | | ||||
| 9 | SOLE DISPOSITIVE POWER | | | ||
| 167,429 | | | |||
| | | ||||
| 10 | SHARED DISPOSITIVE POWER | | | ||
| 0 | | | |||
| | | ||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
| 167,429 | | | |||
| | | ||||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | | ☐ | ||
| | | ||||
| | | ||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
| 10.2% | | | |||
| | | ||||
| 14 | TYPE OF REPORTING PERSON* | | | ||
| CO | | | |||
| | | ||||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 7 pages
J. Morton Davis, Rosalind Davidowitz and Izor LLC ("Izor”), (collectively, the "Reporting Parties") hereby amend the following Items in their statement on Schedule 13D relating to the common stock, $.10 par value ("shares") of Engex, Inc. (the "Issuer") as follows:
Item 3. is hereby amended by adding the following new paragraph thereto:
Since the previously filed Schedule 13D, Amendment No. 14, Rosalind Davidowitz used her personal funds to purchase 17,213 additional shares.
Item 4. is hereby partially amended as follows:
The purchases were for investment purposes only and not to effect any plan described in (a) - (j) of Item 4.
Item 5. (a) is hereby amended in its entirety as follows:
As of June 26, 2017, Mr. Davis may be deemed to beneficially own 1,130,204 shares (4) or 69.5% of the Issuer's shares as follows: (i) 58,854 shares owned by D.H. Blair Investment Banking Corp. ("Blair Investment"), (ii) 167,429 shares owned by Izor, (iii) 252,906 shares owned by Rosalind Davidowitz, and (iv) 651,015 shares owned directly by J. Morton Davis.
As of June 26, 2017, Rosalind Davidowitz may be deemed to beneficially own 1,130,204 shares or 69.5% of the Issuer's shares as indicated in (i) - (iv) above.(5).
As of June 26, 2017, Izor may be deemed to beneficially own 167,429 shares or 10.2% of the Issuer's shares.
(c) Rosalind Davidowitz made the following purchases since the previously filed 13d.
| Date | Action | Quantity | Price | ||||||
| 12/20/2016 | Buy | 490 | $ | 6.05 | |||||
| 12/22/2016 | Buy | 445 | $ | 6.05 | |||||
| 12/23/2016 | Buy | 165 | $ | 6.05 | |||||
| 1/10/2017 | Buy | 1003 | $ | 6.05 | |||||
| 1/30/2017 | Buy | 97 | $ | 6.05 | |||||
| 1/30/2017 | Buy | 358 | $ | 6.05 | |||||
| 1/30/2017 | Buy | 500 | $ | 6.05 | |||||
| 1/30/2017 | Buy | 242 | $ | 6.05 | |||||
| 2/7/2017 | Buy | 300 | $ | 6.00 | |||||
| 2/14/2017 | Buy | 1500 | $ | 6.00 | |||||
| 3/3/2017 | Buy | 230 | $ | 5.30 | |||||
| 3/20/2017 | Buy | 100 | $ | 5.80 | |||||
| 3/20/2017 | Buy | 1000 | $ | 5.82 | |||||
| 3/20/2017 | Buy | 200 | $ | 5.73 | |||||
| 3/20/2017 | Buy | 100 | $ | 5.99 | |||||
| 3/24/2017 | Buy | 700 | $ | 6.00 | |||||
| 3/27/2017 | Buy | 300 | $ | 6.50 | |||||
| 3/27/2017 | Buy | 200 | $ | 6.50 | |||||
| 3/27/2017 | Buy | 100 | $ | 10.00 | |||||
| 3/28/2017 | Buy | 150 | $ | 6.36 | |||||
| 4/19/2017 | Buy | 250 | $ | 7.25 | |||||
| 4/19/2017 | Buy | 150 | $ | 7.25 | |||||
| 4/20/2017 | Buy | 100 | $ | 6.90 | |||||
| 4/20/2017 | Buy | 333 | $ | 6.94 | |||||
| 6/9/2017 | Buy | 500 | $ | 8.75 | |||||
| 6/9/2017 | Buy | 200 | $ | 8.78 | |||||
| 6/9/2017 | Buy | 600 | $ | 8.55 | |||||
| 6/9/2017 | Buy | 100 | $ | 8.75 | |||||
| 6/9/2017 | Buy | 100 | $ | 9.25 | |||||
| 6/19/2017 | Buy | 100 | $ | 8.50 | |||||
| 6/20/2017 | Buy | 500 | $ | 9.25 | |||||
| 6/20/2017 | Buy | 500 | $ | 9.50 | |||||
| 6/20/2017 | Buy | 100 | $ | 9.50 | |||||
| 6/20/2017 | Buy | 400 | $ | 9.50 | |||||
| 6/20/2017 | Buy | 314 | $ | 9.27 | |||||
| 6/20/2017 | Buy | 186 | $ | 9.27 | |||||
| 6/21/2017 | Buy | 893 | $ | 9.00 | |||||
| 6/21/2017 | Buy | 207 | $ | 9.00 | |||||
| 6/26/2017 | Buy | 500 | $ | 9.50 | |||||
| 6/26/2017 | Buy | 100 | $ | 9.46 | |||||
| 6/26/2017 | Buy | 100 | $ | 9.50 | |||||
| 6/26/2017 | Buy | 200 | $ | 9.52 | |||||
| 6/26/2017 | Buy | 300 | $ | 9.50 | |||||
| 6/26/2017 | Buy | 122 | $ | 9.52 | |||||
| 6/26/2017 | Buy | 78 | $ | 9.52 | |||||
| 6/26/2017 | Buy | 500 | $ | 9.52 | |||||
| 6/26/2017 | Buy | 600 | $ | 9.53 | |||||
| 6/26/2017 | Buy | 400 | $ | 9.55 | |||||
| 6/26/2017 | Buy | 300 | $ | 9.56 | |||||
| 6/26/2017 | Buy | 100 | $ | 9.60 | |||||
| 6/26/2017 | Buy | 200 | $ | 9.60 | |||||
| TOTAL | 17,213 | ||||||||
All the purchases were made in the open market.
(4) Although Mr. Davis is including securities owned by Rosalind Davidowitz and Izor in the aggregate amount of shares owned by him, filing of this statement shall not be deemed an admission by J. Morton Davis that he beneficially owns the securities attributed to Rosalind Davidowitz or Izor LLC for any purpose. J. Morton Davis expressly disclaims beneficial ownership of all securities held by Rosalind Davidowitz and Izor.
(5) Although Mrs. Davidowitz is including securities owned by J. Morton Davis and Blair Investment in the aggregate amount of shares owned by her, filing of this statement shall not be deemed an admission by Mrs. Davidowitz that she beneficially owns the securities attributed to J. Morton Davis or Blair Investment for any purpose. Mrs. Davidowitz expressly disclaims beneficial ownership of all securities held by J. Morton Davis and Blair Investment.
Page 6 of 7 pages
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.
| Date: | June 30, 2017 | ||
| New York, New York | |||
| /s/ J. Morton Davis | |||
| J. Morton Davis |
| Date: | June 30, 2017 | ||
| New York, New York | |||
| /s/ Rosalind Davidowitz | |||
| Rosalind Davidowitz |
| Date: | June 30, 2017 | ||
| New York, New York | |||
| Izor LLC | |||
| /s/ Rosalind Davidowitz | |||
| Rosalind Davidowitz | |||
| Sole Member |
Page 7 of 7 pages