0001213900-22-027547.txt : 20220517 0001213900-22-027547.hdr.sgml : 20220517 20220517124346 ACCESSION NUMBER: 0001213900-22-027547 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220517 DATE AS OF CHANGE: 20220517 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SuperCom Ltd CENTRAL INDEX KEY: 0001291855 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-80599 FILM NUMBER: 22933285 BUSINESS ADDRESS: STREET 1: 1 ARIE SHENKAR STREET CITY: HERTZLIYA STATE: L3 ZIP: 4672501 BUSINESS PHONE: 972-9-889-0800 MAIL ADDRESS: STREET 1: 1 ARIE SHENKAR STREET CITY: HERTZLIYA STATE: L3 ZIP: 4672501 FORMER COMPANY: FORMER CONFORMED NAME: Vuance Ltd DATE OF NAME CHANGE: 20101019 FORMER COMPANY: FORMER CONFORMED NAME: Vuance DATE OF NAME CHANGE: 20070508 FORMER COMPANY: FORMER CONFORMED NAME: SuperCom Ltd. DATE OF NAME CHANGE: 20040526 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Somerstein David CENTRAL INDEX KEY: 0001929437 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 68-01 MAIN STREET CITY: FLUSHING STATE: NY ZIP: 11367 SC 13G 1 ea160055-13gsomerstein_super.htm SCHEDULE 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(AMENDMENT NO. __)

 

SUPERCOM LTD.

 

(Name of Issuer)

 

ORDINARY SHARES

 

(Title of Class of Securities)

 

M87095119

 

(CUSIP Number)

 

May 9, 2022

 

(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(c)

 

*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 the disclosures provided in a prior cover page.

 

The information required in 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).

 

(Continued on following page(s)

 

 

 

Page 1 of 5 Pages

 

 

 

 

CUSIP No. M87095119   13G   Page 2 of 5 Pages

 

1. NAMES OF REPORTING PERSON
  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
   
  David Somerstein
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
  (a)   ☐
  (b)   ☐
3. SEC USE ONLY
   
   
4. CITIZENSHIP OR PLACE OF ORGANIZATION
   
  USA
5. SOLE VOTING POWER, NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON – 2,000,000 Shares (1)
   
6. SHARED VOTING POWER - None
   
   
7. SOLE DISPOSITIVE POWER – 2,000,000 Shares (1)
   
   
8. SHARED DISPOSITIVE POWER – None
   
   
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON –
   
  2,000,000 Shares (1)
10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ 

   
   
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
   
  5.591%
12. TYPE OF REPORTING PERSON
   
  IN

 

(1)Based on 35,770,957 Ordinary Shares outstanding as reported in Form 42B5 filed with the Securities and Exchange Commission on February 28, 2022.

 

 

 

 

CUSIP No. M87095119   13G   Page 3 of 5 Pages

 

ITEM 1 (a) NAME OF ISSUER: SuperCom Ltd.

 

ITEM 1 (b) ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:

 

1 Arie Shenkar Street, Hertzliya, Israel 4672501

 

ITEM 2 (a) NAME OF PERSON FILING: David Somerstein

 

ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

 

68-01 Main Street, Flushing, NY 11367

 

ITEM 2 (c) CITIZENSHIP: USA

 

ITEM 2 (d) TITLE OF CLASS OF SECURITIES: Ordinary Shares

 

ITEM 2 (e) CUSIP NUMBER: M87095119

 

ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B): Not applicable

 

ITEM 4 OWNERSHIP

 

(a) AMOUNT BENEFICIALLY OWNED: 2,000,000 Shares (1)

 

(b) PERCENT OF CLASS: 5.591%

 

(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

 

(i) SOLE POWER TO VOTE OR DIRECT THE VOTE

 

2,000,000 Shares (1)

 

(ii) SHARED POWER TO VOTE OR DIRECT THE VOTE

 

0 Shares

 

(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

 

2,000,000 Shares (1)

 

(iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

 

0 Shares

 

 

 

 

CUSIP No. M87095119   13G   Page 4 of 5 Pages

 

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

 

ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

 

Not applicable

 

ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP

 

Not applicable

 

ITEM 9 NOTICE OF DISSOLUTION OF GROUP

 

Not applicable

 

 

 

 

CUSIP No. M87095119   13G   Page 5 of 5 Pages

 

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.

 

  May 16, 2022
  (Date)
   
  /s/ David Somerstein
  (Signature)
   
  David Somerstein
  (Name/Title)