POLARITYTE, INC.
|
(Name
of Issuer)
|
COMMON
STOCK, PAR VALUE $0.001 PER SHARE
|
(Title
of Class of Securities)
|
731094108
|
(CUSIP
Number)
|
Michael
Brauser
2650 N.
Military Trail, Suite 300
Boca
Raton, FL 33431
561.757.4098
With a Copy to:
Michael
K. Coran, Esq.
Matthew
M. McDonald, Esq.
Klehr
Harrison Harvey Branzburg LLP
1835
Market Street, Suite 1400
Philadelphia,
PA 19103
215.569.2700
|
(Name,
Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
|
May 12,
2020
|
(Date
of Event which Requires Filing of this Statement)
|
CUSIP No.
|
731094108
|
1
|
NAMES
OF REPORTING PERSONSI.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
|
|||
Michael
Brauser
|
||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
|||
(a) X
(b) [
]
|
||||
3
|
SEC USE
ONLY
|
|||
|
||||
4
|
SOURCE
OF FUNDS (See Instructions)
|
|||
PF
|
||||
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E)
|
|||
X
|
||||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
|
|||
United
States
|
||||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
|
|
|
464,005
|
|
|||
8
|
SHARED
VOTING POWER
|
|
||
1,242,742
|
|
|||
9
|
SOLE
DISPOSITIVE POWER
|
|
||
464,005
|
|
|||
10
|
SHARED
DISPOSITIVE POWER
|
|
||
1,242,742
|
|
|||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
|
|||
[X]
|
||||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|||
4.4%
(based on 38,393,289 shares issued and outstanding as of March 31,
2020)
|
||||
14
|
TYPE OF
REPORTING PERSON (See Instructions)
|
|||
IN
|
CUSIP No.
|
731094108
|
1
|
NAMES
OF REPORTING PERSONSI.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
|
|||
Michael
& Betsy Brauser Tenants by Entirety
|
||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
|||
(a) X
(b) [
]
|
||||
3
|
SEC USE
ONLY
|
|||
|
||||
4
|
SOURCE
OF FUNDS (See Instructions)
|
|||
PF
|
||||
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E)
|
|||
|
||||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
|
|||
United
States
|
||||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
|
|
|
0
|
|
|||
8
|
SHARED
VOTING POWER
|
|
||
595,996
|
|
|||
9
|
SOLE
DISPOSITIVE POWER
|
|
||
0
|
|
|||
10
|
SHARED
DISPOSITIVE POWER
|
|
||
595,996
|
|
|||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
595,996
(1)
|
||||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
|
|||
|
||||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|||
1.6%
(based on 38,393,289 shares issued and outstanding as of March 31,
2020)
|
||||
14
|
TYPE OF
REPORTING PERSON (See Instructions)
|
|||
IN
|
CUSIP No.
|
731094108
|
1
|
NAMES
OF REPORTING PERSONSI.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
|
|||
Grander
Holdings, Inc. 401K
|
||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
|||
(a) X
(b) [
]
|
||||
3
|
SEC USE
ONLY
|
|||
|
||||
4
|
SOURCE
OF FUNDS (See Instructions)
|
|||
WC
|
||||
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E)
|
|||
[
]
|
||||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
|
|||
Florida
|
||||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
|
|
|
0
|
|
|||
8
|
SHARED
VOTING POWER
|
|
||
591,945(1)
|
|
|||
9
|
SOLE
DISPOSITIVE POWER
|
|
||
0
|
|
|||
10
|
SHARED
DISPOSITIVE POWER
|
|
||
591,945(1)
|
|
|||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
591,945(1)
|
||||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
|
|||
[
]
|
||||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|||
1.5%
(based on 38,393,289 shares issued and outstanding as of March 31,
2020)
|
||||
14
|
TYPE OF
REPORTING PERSON (See Instructions)
|
|||
EP
|
CUSIP No.
|
731094108
|
1
|
NAMES
OF REPORTING PERSONSI.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
|
|||
Betsy
& Michael Brauser Charitable Family Foundation
|
||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
|||
(a) X
(b) [
]
|
||||
3
|
SEC USE
ONLY
|
|||
|
||||
4
|
SOURCE
OF FUNDS (See Instructions)
|
|||
WC
|
||||
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E)
|
|||
[
]
|
||||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
|
|||
Florida
|
||||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
|
|
|
0
|
|
|||
8
|
SHARED
VOTING POWER
|
|
||
14,533
(1)
|
|
|||
9
|
SOLE
DISPOSITIVE POWER
|
|
||
0
|
|
|||
10
|
SHARED
DISPOSITIVE POWER
|
|
||
14,533
(1)
|
|
|||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
14,533
(1)
|
||||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
|
|||
[ ]
|
||||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|||
0.04%
(based on 38,393,289 shares issued and outstanding as of March 31,
2020)
|
||||
14
|
TYPE OF
REPORTING PERSON (See Instructions)
|
|||
OO
|
CUSIP No.
|
731094108
|
1
|
NAMES
OF REPORTING PERSONSI.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
|
|||
BSIG,
LLC
|
||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
|||
(a) X
(b) [
]
|
||||
3
|
SEC USE
ONLY
|
|||
|
||||
4
|
SOURCE
OF FUNDS (See Instructions)
|
|||
WC
|
||||
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E)
|
|||
[
]
|
||||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
|
|||
Florida
|
||||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
|
|
|
0
|
|
|||
8
|
SHARED
VOTING POWER
|
|
||
30,268
(1)
|
|
|||
9
|
SOLE
DISPOSITIVE POWER
|
|
||
0
|
|
|||
10
|
SHARED
DISPOSITIVE POWER
|
|
||
30,268
(1)
|
|
|||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
30,268
(1)
|
||||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
|
|||
[ ]
|
||||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|||
0.1%
(based on 38,393,289 shares issued and outstanding as of March 31,
2020)
|
||||
14
|
TYPE OF
REPORTING PERSON (See Instructions)
|
|||
IV
|
CUSIP No.
|
731094108
|
1
|
NAMES
OF REPORTING PERSONSI.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
|
|||
Greenstone
Capital, LLC
|
||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
|||
(a) X
(b) [
]
|
||||
3
|
SEC USE
ONLY
|
|||
|
||||
4
|
SOURCE
OF FUNDS (See Instructions)
|
|||
WC
|
||||
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E)
|
|||
[
]
|
||||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
|
|||
Florida
|
||||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
|
|
|
0
|
|
|||
8
|
SHARED
VOTING POWER
|
|
||
10,000
(1)
|
|
|||
9
|
SOLE
DISPOSITIVE POWER
|
|
||
0
|
|
|||
10
|
SHARED
DISPOSITIVE POWER
|
|
||
10,000
(1)
|
|
|||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
10,000
(1)
|
||||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
|
|||
[ ]
|
||||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|||
0.03%
(based on 38,393,289 shares issued and outstanding as of March 31,
2020)
|
||||
14
|
TYPE OF
REPORTING PERSON (See Instructions)
|
|||
IV
|
CUSIP No.
|
731094108
|
1
|
NAMES
OF REPORTING PERSONSI.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
|
|||
Peter
T. Benz
|
||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
|||
(a) X
(b) [
]
|
||||
3
|
SEC USE
ONLY
|
|||
|
||||
4
|
SOURCE
OF FUNDS (See Instructions)
|
|||
PF
|
||||
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E)
|
|||
[
]
|
||||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
|
|||
United
States
|
||||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
|
|
|
85,500
|
|
|||
8
|
SHARED
VOTING POWER
|
|
||
132,499
(1)
|
|
|||
9
|
SOLE
DISPOSITIVE POWER
|
|
||
85,500
|
|
|||
10
|
SHARED
DISPOSITIVE POWER
|
|
||
132,499
(1)
|
|
|||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
217,999
(1)
|
||||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
|
|||
[ ]
|
||||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|||
0.6 %
(based on 38,393,289 shares issued and outstanding as of March 31,
2020)
|
||||
14
|
TYPE OF
REPORTING PERSON (See Instructions)
|
|||
IN
|
CUSIP No.
|
731094108
|
1
|
NAMES
OF REPORTING PERSONSI.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
|
|||
BiCoastal
Consulting Corp. Defined Benefit Plan
|
||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
|||
(a) X
(b) [
]
|
||||
3
|
SEC USE
ONLY
|
|||
|
||||
4
|
SOURCE
OF FUNDS (See Instructions)
|
|||
PF
|
||||
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E)
|
|||
[
]
|
||||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
|
|||
New
Jersey
|
||||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
|
|
|
0
|
|
|||
8
|
SHARED
VOTING POWER
|
|
||
125,499(1)
|
|
|||
9
|
SOLE
DISPOSITIVE POWER
|
|
||
0
|
|
|||
10
|
SHARED
DISPOSITIVE POWER
|
|
||
125,499(1)
|
|
|||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
125,499(1)
|
||||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
|
|||
[ ]
|
||||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|||
0.3%
(based on 38,393,289 shares issued and outstanding as of March 31,
2020)
|
||||
14
|
TYPE OF
REPORTING PERSON (See Instructions)
|
|||
EP
|
CUSIP No.
|
731094108
|
1
|
NAMES
OF REPORTING PERSONSI.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
|
|||
BiCoastal
Consulting Corp 401-K
|
||||
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
|||
(a) X
(b) [
]
|
||||
3
|
SEC USE
ONLY
|
|||
|
||||
4
|
SOURCE
OF FUNDS (See Instructions)
|
|||
PF
|
||||
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E)
|
|||
[
]
|
||||
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
|
|||
New
Jersey
|
||||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
|
|
|
0
|
|
|||
8
|
SHARED
VOTING POWER
|
|
||
7,000
(1)
|
|
|||
9
|
SOLE
DISPOSITIVE POWER
|
|
||
0
|
|
|||
10
|
SHARED
DISPOSITIVE POWER
|
|
||
7,000
(1)
|
|
|||
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
7,000
(1)
|
||||
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
|
|||
[
]
|
||||
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|||
0.02%
(based on 38,393,289 shares issued and outstanding as of March 31,
2020)
|
||||
14
|
TYPE OF
REPORTING PERSON (See Instructions)
|
|||
OO
|
|
/s/ Michael Brauser
Michael
Brauser, individually
BETSY
& MICHAEL BRAUSER
TENANTS
BY ENTIRETY
By:
/s/ Michael
Brauser
Name:
Michael Brauser
By:
/s/ Betsy
Brauser
Name:
Betsy Brauser
GRANDER
HOLDINGS, INC. 401K
By:
/s/ Michael
Brauser
Name:
Michael Brauser
Title:
Trustee
BETSY
& MICHAEL BRAUSER
CHARITABLE FAMILY
FOUNDATION
By:
/s/ Michael Brauser
Name:
Michael Brauser
Title:
Director
BSIG,
LLC
By:
/s/ Michael
Brauser
Name:
Michael Brauser
Title:
Manager
GREENSTONE CAPITAL,
LLC
By:
/s/ Benjamin
Brauser
Name:
Benjamin Brauser
Title:
Manager
/s/ Peter T. Benz
Peter
T. Benz, individually
BICOASTAL
CONSULTING CORP.
DEFINED
BENEFIT PLAN
By: /s/ Peter T. Benz
Name:
Peter T. Benz
Title:
Trustee
BICOASTAL
CONSULTING CORP 401-K
By:
/s/ Peter T. Benz
Name:
Peter T. Benz
Title:
Trustee
|
|
/s/ Michael Brauser
Michael
Brauser, individually
BETSY
& MICHAEL BRAUSER TENANTS BY ENTIRETY
By:
/s/ Michael Brauser
Name:
Michael Brauser
By: /s/ Betsy
Brauser
Name:
Betsy Brauser
GRANDER
HOLDINGS, INC. 401K
By:
/s/ Michael Brauser
Name:
Michael Brauser
Title:
Trustee
BETSY
& MICHAEL BRAUSER CHARITABLE FAMILY FOUNDATION
By:
/s/ Michael Brauser
Name:
Michael Brauser
Title:
Director
BSIG,
LLC
By:
/s/ Michael Brauser
Name:
Michael Brauser
Title:
Manager
GREENSTONE CAPITAL,
LLC
By:
/s/ Benjamin
Brauser
Name:
Benjamin Brauser
Title:
Manager
/s/
Peter T. Benz
Peter
T. Benz, individually
BICOASTAL
CONSULTING CORP. DEFINED BENEFIT PLAN
By:
/s/ Peter T. Benz
Name:
Peter T. Benz
Title:
Trustee
BICOASTAL
CONSULTING CORP 401-K
By:
/s/ Peter T. Benz
Name:
Peter T. Benz
Title:
Trustee
|