SC 13D 1 v331998_sc13d.htm SCHEDULE 13D

 

UNITED STATES

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

 

DJSP ENTERPRISES, INC.

 

 

 

(Name of Issuer)

 

Ordinary Shares, par value $0.0001 per share

 

 

 

(Title of Class of Securities)

 

G7982P

 

 

 

(CUSIP Number)

 

Jonas Grossman
c/o Chardan Capital Markets, LLC
17 State Street, Suite 1600
New York, NY 10004
(646) 465-9000

 

 

 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

January 3, 2013

 

 

 

(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 which is the subject of this Schedule 13D, and is filing this schedule because §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ].

 

*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).

 

 
 

 

CUSIP No. G7982P

 

 

1.  
Names of Reporting Person:          Jonas Grossman
 
2.  
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  
o
(b)  
o

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): o
 

6.  
Citizenship or Place of Organization:                   United States of America
 

Number of Shares Beneficially by Owned by Each Reporting Person With:
 
7.     Sole Voting Power:                 705,728
 
8.     Shared Voting Power:             0
 
9.     Sole Dispositive Power:         705,728
 
10.   Shared Dispositive Power:     0
 

11.  
Aggregate Amount Beneficially Owned by Each Reporting Person:  705,728
 

12.  
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):          o
 

13.  
Percent of Class Represented by Amount in Row (11):       5.4%
 

14.  
Type of Reporting Person (See Instructions):       IN
 

 

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CUSIP No. G7982P

 

 

ITEM 1.            SECURITY AND ISSUER

 

This Schedule 13D relates to the ordinary shares, par value $0.0001 (the “Ordinary Shares,”) of DJSP Enterprises, Inc. (the “Issuer”). The principal executive offices of the Issuer are located at 950 South Pine Island Road, Plantation, FL 33324.

 

ITEM 2.            IDENTITY AND BACKGROUND

 

(a)Name:

 

This Schedule 13D/A is being filed by Jonas Grossman.

 

(b)Residence or Business Address:

 

The business address of Mr. Grossman is c/o Chardan Capital Markets, LLC; 17 State Street; Suite 1600; New York, NY 10004.

 

(c)Present Principal Occupation or Employment:

 

Mr. Grossman’s principal occupation is Managing Partner of Chardan Capital Markets, LLC, a New York and Beijing-based investment bank.

 

(d)Criminal Convictions:

 

During the last five years, Mr. Grossman has not been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors).

 

(e)Civil Proceedings:

 

During the last five years, Mr. Grossman has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or became 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)Citizenship:

 

Mr. Grossman is a citizen of Canada.

 

ITEM 3.            SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

 

On January 3, 2013, Mr. Grossman purchased 100,000 Ordinary Shares on the open market at a price per share of $0.05.

 

ITEM 4.            PURPOSE OF TRANSACTION

 

Mr. Grossman purchased the Ordinary Shares on January 3, 2013 for personal investment.

 

Other than Mr. Grossman’s beneficial ownership of the Ordinary Shares described in this Schedule 13D, the transaction described above, and Mr. Grossman’s desire to purchase additional Ordinary Shares or warrants on the open market, Mr. Grossman does not have any current plans or proposals which relate to or would result in: (a) the acquisition by any person of additional securities of the Issuer or the disposition of the securities of the Issuer; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Issuer or of any of its subsidiaries; (d) any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) any material change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer’s business or corporate structure; (g) changes in the Issuer’s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any other person; (h) causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Act; or (j) any similar action to those enumerated above.

 

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CUSIP No. G7982P

 

 

ITEM 5.            INTEREST IN SECURITIES OF THE ISSUER

 

(a)Aggregate Beneficial Ownership:

 

As of January 7, 2013, Mr. Grossman beneficially owned 705,728 Ordinary Shares, representing 5.4% of the total issued and outstanding Ordinary Shares. The percentage reported herein is calculated based on 13,070,534 Ordinary Shares outstanding on January 2, 2013, which information was provided by the Issuer for the purposes of preparing this report.

 

(b)Power to Vote and Dispose of the Issuer Shares:

 

Mr. Grossman has sole voting and dispositive power with respect to the 705,728 Ordinary Shares reported on this Schedule 13D/A.

 

(c)Transactions Effected During the Past 60 Days:

 

Mr. Grossman has not effected any transactions in the Ordinary Shares during the past 60 days, other than as described in this Schedule 13D/A.

 

(d)Right of Others to Receive Dividends or Proceeds of Sale:

 

None.

 

(e)Date Ceased to be the Beneficial Owner of More Than Five Percent:

 

Not Applicable.

 

ITEM 6.            CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER

 

Mr. Grossman is not subject to any contracts, arrangements, understandings or relationships (legal or otherwise) that are currently in effect with respect to any securities of the Issuer, including but not limited to transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

 

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CUSIP No. G7982P

 

 

ITEM 7.            MATERIAL TO BE FILED AS EXHIBITS

 

None.

 

 

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CUSIP No. G7982P

 

 

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.

 

  Dated:  January 11, 2013
 

 

 

 /s/ Jonas Grossman

______________________________________

Jonas Grossman

 

 

 

 

 

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