Neurotrope, Inc.
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(Name of Issuer)
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Common Stock, par value $0.0001 per share
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(Title of Class of Securities)
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64129T 10 8
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(CUSIP Number)
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August 12, 2016
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(Date of Event Which Requires Filing of this Statement)
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o | Rule 13d-1(b) |
x | Rule 13d-1(c) |
o | Rule 13d-1(d) |
1
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NAME OF REPORTING PERSON
Iroquois Master Fund Ltd.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) o
(b) o
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
- 0 -
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6
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SHARED VOTING POWER
5,027,574*
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||
7
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SOLE DISPOSITIVE POWER
- 0 -
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||
8
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SHARED DISPOSITIVE POWER
5,027,574*
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||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,027,574*
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||
10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
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x
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.24%*
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12
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TYPE OF REPORTING PERSON
CO
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1
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NAME OF REPORTING PERSON
Iroquois Capital Investment Group LLC
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) o
(b) o
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3
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SEC USE ONLY
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||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
- 0 -
|
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6
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SHARED VOTING POWER
75,000*
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||
7
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SOLE DISPOSITIVE POWER
- 0 -
|
||
8
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SHARED DISPOSITIVE POWER
75,000*
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||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
75,000*
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||
10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
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x
|
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Less than 1%*
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||
12
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TYPE OF REPORTING PERSON
OO
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1
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NAME OF REPORTING PERSON
Iroquois Capital Management, LLC
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||
2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) o
|
|
3
|
SEC USE ONLY
|
||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
- 0 -
|
|
6
|
SHARED VOTING POWER
5,027,574*
|
||
7
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SOLE DISPOSITIVE POWER
- 0 -
|
||
8
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SHARED DISPOSITIVE POWER
5,027,574*
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||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,027,574*
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||
10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|
x
|
|
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.24%*
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||
12
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TYPE OF REPORTING PERSON
IA, OO
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1
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NAME OF REPORTING PERSON
American Capital Management, LLC
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) o
(b) o
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3
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SEC USE ONLY
|
||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
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SOLE VOTING POWER
- 0 -
|
|
6
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SHARED VOTING POWER
333,333*
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||
7
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SOLE DISPOSITIVE POWER
- 0 -
|
||
8
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SHARED DISPOSITIVE POWER
333,333*
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||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
333,333*
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||
10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
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x
|
|
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Less than 1%*
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||
12
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TYPE OF REPORTING PERSON
OO
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1
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NAME OF REPORTING PERSON
Richard Abbe
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||
2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) o
|
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3
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SEC USE ONLY
|
||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
5,102,574*
|
|
6
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SHARED VOTING POWER
- 0 -
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||
7
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SOLE DISPOSITIVE POWER
5,102,574*
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||
8
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SHARED DISPOSITIVE POWER
- 0 -
|
||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,102,574*
|
||
10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|
x
|
|
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.38%*
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12
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TYPE OF REPORTING PERSON
IN
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1
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NAME OF REPORTING PERSON
Kimberly Page
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) o
|
|
3
|
SEC USE ONLY
|
||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
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SOLE VOTING POWER
333,333*
|
|
6
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SHARED VOTING POWER
- 0 -
|
||
7
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SOLE DISPOSITIVE POWER
333,333*
|
||
8
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SHARED DISPOSITIVE POWER
- 0 -
|
||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
333,333*
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||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|
x
|
|
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Less than 1%*
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||
12
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TYPE OF REPORTING PERSON
IN
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Item 1(a).
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Name of Issuer:
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Item 1(b).
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Address of Issuer’s Principal Executive Offices:
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Item 2(a).
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Name of Person Filing:
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Iroquois Master Fund Ltd., a Cayman Islands exempted limited company (the “Iroquois Master Fund”); Iroquois Capital Investment Group LLC, a Delaware limited liability company (“ICIG”); Iroquois Capital Management, LLC, Delaware limited liability company (“Iroquois Capital”); American Capital Management, LLC, a Delaware limited liability company (“American Capital”); Richard Abbe; and Kimberly Page. Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.” The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1, pursuant to which the Reporting Persons have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended.
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Item 2(b).
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Address of Principal Business Office or, if None, Residence:
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The address of the principal office of each of the Reporting Persons is 205 East 42nd Street, 20th Floor, New York, New York 10017.
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Item 2(c).
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Citizenship:
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Item 2(d).
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Title of Class of Securities:
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Item 2(e).
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CUSIP Number:
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Item 3.
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If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
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/ x /
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Not applicable.
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(a)
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/ /
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Broker or dealer registered under Section 15 of the Exchange Act.
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(b)
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/ /
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Bank as defined in Section 3(a)(6) of the Exchange Act.
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(c)
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/ /
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Insurance company as defined in Section 3(a)(19) of the Exchange Act.
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(d)
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/ /
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Investment company registered under Section 8 of the Investment Company Act.
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(e)
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/ /
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An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).
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(f)
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/ /
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An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F).
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(g)
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/ /
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A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).
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(h)
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/ /
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A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
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(i)
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/ /
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A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act.
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(j)
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/ /
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Non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J).
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(k)
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/ /
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Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____
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Item 4.
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Ownership.
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(a)
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Amount beneficially owned:
|
|
(i)
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Iroquois Master Fund beneficially owned 5,027,574 Shares consisting of (i) 225,000 Shares directly and beneficially owned by Iroquois Master Fund, (ii) 2,000,000 Shares underlying Series B Convertible Preferred Stock, par value $0.0001 (the “Preferred Stock”) directly and beneficially owned by Iroquois Master Fund and (iii) 2,802,574 Shares underlying certain warrants owned by Iroquois Master Fund. Excluded from Iroquois Master Fund’s beneficial ownership are 7,197,425 Shares issuable upon the exercise of the warrants directly owned by Iroquois Master Fund due to a conversion cap that precludes Iroquois Master Fund from exercising such warrants to the extent that Iroquois Master Fund would, after such exercise, beneficially own (as determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended) in excess of 9.99% of the Shares outstanding (the “Beneficial Ownership Limitation”).
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(ii)
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ICIG directly and beneficially owned 75,000 Shares. Excluded from ICIG’s beneficial ownership are (i) 166,667 Shares underlying Preferred Stock directly owned by ICIG and (ii) 833,335 Shares issuable upon the exercise of certain warrants directly owned by ICIG due to a conversion cap that precludes ICIG from converting such Preferred Stock or exercising such warrants (as the case may be) to the extent that ICIG would, after such conversion or exercise, beneficially own (as determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended) in excess of the Beneficial Ownership Limitation.
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(iii)
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Iroquois Capital beneficially owned 5,027,574 Shares by virtue of its relationship as the investment manager to Iroquois Master Fund.
|
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(iv)
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American Capital directly and beneficially owned 333,333 Shares underlying Preferred Stock. Excluded from American Capital’s beneficial ownership are 1,666,665 Shares issuable upon the exercise of certain warrants directly owned by American Capital due to a conversion cap that precludes American Capital from exercising such warrants to the extent that American Capital would, after such exercise, beneficially own (as determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended) in excess of the Beneficial Ownership Limitation.
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(v)
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Mr. Abbe beneficially owned 5,102,574 Shares by virtue of his relationship as the President of Iroquois Capital and managing member of ICIG.
|
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(vi)
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Ms. Page beneficially owned 333,333 Shares by virtue of her relationship as the Manager of American Capital.
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(b)
|
Percent of class:
|
|
(c)
|
Number of shares as to which each Reporting Person has:
|
Item 5.
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Ownership of Five Percent or Less of a Class.
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Item 6.
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Ownership of More than Five Percent on Behalf of Another Person.
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Item 7.
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Identification and Classification of the Subsidiary That Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
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Item 8.
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Identification and Classification of Members of the Group.
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Item 9.
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Notice of Dissolution of Group.
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Item 10.
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Certifications.
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IROQUOIS MASTER FUND LTD.
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||
By:
|
Iroquois Capital Management, LLC,
|
|
its investment manager
|
||
IROQUOIS CAPITAL INVESTMENT GROUP LLC
|
||
IROQUOIS CAPITAL MANAGEMENT, LLC
|
||
By:
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/s/ Richard Abbe
|
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Name:
|
Richard Abbe
|
|
Title:
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President
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AMERICAN CAPITAL MANAGEMENT, LLC
|
||
By:
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/s/ Kimberly Page
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|
Name:
|
Kimberly Page
|
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Title:
|
Manager
|
/s/ Richard Abbe
|
RICHARD ABBE
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/s/ Kimberly Page
|
KIMBERLY PAGE
|
IROQUOIS MASTER FUND LTD.
|
||
By:
|
Iroquois Capital Management, LLC,
|
|
its investment manager
|
||
IROQUOIS CAPITAL INVESTMENT GROUP LLC
|
||
IROQUOIS CAPITAL MANAGEMENT, LLC
|
||
By:
|
/s/ Richard Abbe
|
|
Name:
|
Richard Abbe
|
|
Title:
|
President
|
AMERICAN CAPITAL MANAGEMENT, LLC
|
||
By:
|
/s/ Kimberly Page
|
|
Name:
|
Kimberly Page
|
|
Title:
|
Manager
|
/s/ Richard Abbe
|
RICHARD ABBE
|
/s/ Kimberly Page
|
KIMBERLY PAGE
|