0000919574-20-005579.txt : 20200828 0000919574-20-005579.hdr.sgml : 20200828 20200828171325 ACCESSION NUMBER: 0000919574-20-005579 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200828 DATE AS OF CHANGE: 20200828 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DarioHealth Corp. CENTRAL INDEX KEY: 0001533998 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 452973162 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-88306 FILM NUMBER: 201148713 BUSINESS ADDRESS: STREET 1: 8 HATOKHEN ST. CITY: CAESAREA STATE: L3 ZIP: 38900 BUSINESS PHONE: (972)-(3)-6222929 MAIL ADDRESS: STREET 1: 8 HATOKHEN ST. CITY: CAESAREA STATE: L3 ZIP: 38900 FORMER COMPANY: FORMER CONFORMED NAME: LabStyle Innovations Corp. DATE OF NAME CHANGE: 20111101 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MANCHESTER MANAGEMENT CO LLC CENTRAL INDEX KEY: 0001169253 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 3 WEST HILL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6178568995 MAIL ADDRESS: STREET 1: 3 WEST HILL PLACE CITY: BOSTON STATE: MA ZIP: 02110 SC 13G 1 d8195433_13-g.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. )*

 

 

DarioHealth Corp.
(Name of Issuer)

 

 

Common Stock, $0.0001 par value
(Title of Class of Securities)

 

 

23725P209
(CUSIP Number)

 

 

July 31, 2020
(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(b)

 

[X] Rule 13d-1(c)

 

[_] Rule 13d-1(d)

 

__________

*       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
23725P209    

 

1. NAME OF REPORTING PERSONS
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
  Manchester Explorer, L.P.
   
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [_]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Delaware  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  535,475  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  535,475  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  535,475  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)  
  EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_]
     
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  7.3%  
     

12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  PN  
 
 

 

 


CUSIP No.
23725P209    

 

     
1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Manchester Management Company, LLC  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [_]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Delaware  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  602,410  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  602,410  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  602,410  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)  
  EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_]
     
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  8.2%  
     

12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  OO  

 

 
 

 


CUSIP No.
23725P209    

 

     
1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Manchester Management PR, LLC  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [_]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Puerto Rico  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  602,410  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  602,410  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  602,410  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)  
  EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_]
     
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  8.2%  
     

12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  OO  
 
 

 


CUSIP No.
23725P209    

 

     
1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  JEB Partners, L.P.  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [_]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Delaware  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  66,935  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  66,935  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  66,935  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)  
  EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_]
     
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  0.9%  
     

12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  OO  

 

 
 

 

 

 


CUSIP No.
23725P209    

 

     
1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  James E. Besser  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [_]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  United States of America  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  66,935  
     
6. SHARED VOTING POWER  
     
  602,410  
     
7. SOLE DISPOSITIVE POWER  
     
  66,935  
     
8. SHARED DISPOSITIVE POWER  
     
  602,410  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  669,345  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)  
  EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_]
     
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  9.1%  
     

12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  IN  

 

 
 

 


CUSIP No.
23725P209    

 

     
1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Morgan C. Frank  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [_]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  United States of America  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  40,161  
     
6. SHARED VOTING POWER  
     
  602,410  
     
7. SOLE DISPOSITIVE POWER  
     
  40,161  
     
8. SHARED DISPOSITIVE POWER  
     
  602,410  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  642,571  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)  
  EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_]
     
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  8.7%  
     


12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  IN  

 

 
 

 

CUSIP No. 23725P209    

 

       
Item 1. (a). Name of Issuer:  
       
    DarioHealth Corp.  
       
  (b). Address of issuer's principal executive offices:  
       
   

8 HaTokhen Street

Caesarea Industrial Park, Israel 3088900

 
       
Item 2. (a). Names of persons filing:  
       
   

Manchester Explorer, L.P.

Manchester Management Company, LLC

Manchester Management PR, LLC

JEB Partners, L.P.

James E. Besser

Morgan C. Frank

 

 

  (b). Address or principal business office or, if none, residence:  
       
   

Manchester Explorer, L.P.

c/o Manchester Management Company, LLC

2 Calle Candina, #1701

San Juan, Puerto Rico, 00907

United States of America

 

Manchester Management Company, LLC

2 Calle Candina, #1701

San Juan, Puerto Rico, 00907

United States of America

 

Manchester Management PR, LLC

2 Calle Candina, #1701

San Juan, Puerto Rico, 00907

United States of America

 

JEB Partners, L.P.

2 Calle Candina, #1701

San Juan, Puerto Rico, 00907

United States of America

 

James E. Besser

c/o Manchester Management Company, LLC

2 Calle Candina, #1701

San Juan, Puerto Rico, 00907

United States of America

 

Morgan C. Frank

c/o Manchester Management Company, LLC

2 Calle Candina, #1701

San Juan, Puerto Rico, 00907

United States of America

 

 
       
 
 

 

  (c). Citizenship:  
       
   

Manchester Explorer, L.P. – Delaware limited partnership

Manchester Management Company, LLC – Delaware limited liability company

Manchester Management PR, LLC - Puerto Rico limited liability company

JEB Partners, L.P. – Delaware limited partnership

James E. Besser – United States of America

Morgan C. Frank – United States of America

 

 
       
  (d). Title of class of securities:  
       
    Common Stock, $0.0001 par value  
       
  (e). CUSIP No.:  
       
    23725P209  

 

Item 3. If This Statement is filed pursuant to §§.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a
       
  (a) [_]

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

  (b) [_]

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

  (c) [_]

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

  (d) [_]

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

 

  (e) [_]

An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

 

  (f) [_]

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

 

  (g) [_]

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

 

  (h) [_]

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);

 

  (i) [_]

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

  (j) [_]

A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);

 

  (k) [_] Group, in accordance with §240.13d-1(b)(1)(ii)(K).  If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:
       
 
 

 

   
Item 4. Ownership.
   
  Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

     
  (a) Amount beneficially owned:
     
   

Manchester Explorer, L.P. – 535,475

Manchester Management Company, LLC – 602,410

Manchester Management PR, LLC - 602,410

JEB Partners, L.P. – 66,935

James E. Besser – 669,345

Morgan C. Frank – 642,571

     
  (b) Percent of class:
     
   

Manchester Explorer, L.P. – 7.3%

Manchester Management Company, LLC – 8.2%

Manchester Management PR, LLC – 8.2%

JEB Partners, L.P. – 0.9%

James E. Besser – 9.1%

Morgan C. Frank – 8.7%

     
  (c) Number of shares as to which the person has:
     
    (i) Sole power to vote or to direct the vote  
         
      Manchester Explorer, L.P. - 0
      Manchester Management Company, LLC – 0
      Manchester Management PR, LLC - 0
      JEB Partners, L.P. – 0
      James E. Besser – 66,935  
      Morgan C. Frank – 40,161  
   

 

(ii)

 

Shared power to vote or to direct the vote

 
         
      Manchester Explorer, L.P. – 535,475
      Manchester Management Company, LLC 602,410
      Manchester Management PR, LLC - 602,410
      JEB Partners, L.P. – 66,935
      James E. Besser – 602,410  
      Morgan C. Frank – 602,410  
 
 

 

    (iii) Sole power to dispose or to direct the disposition of  
         
      Manchester Explorer, L.P. – 0
      Manchester Management Company, LLC – 0
      Manchester Management PR, LLC - 0
      JEB Partners, L.P. – 0
      James E. Besser – 66,935  
      Morgan C. Frank – 40,161  
   

 

(iv)

 

Shared power to dispose or to direct the disposition of

 
         
      Manchester Explorer, L.P. – 535,475
      Manchester Management Company, LLC 602,410
      Manchester Management PR, LLC - 602,410
      JEB Partners, L.P. – 66,935
      James E. Besser – 602,410  
      Morgan C. Frank – 602,410  

 

Item 5. Ownership of Five Percent or Less of a Class.
   
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  [_].
   
  N/A
   
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
   
  If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified.  A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
   
  N/A
   
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
   
  If a parent holding company or control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary.  If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
   
  N/A
   
Item 8. Identification and Classification of Members of the Group.
   
  If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group.  If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group.
   
  N/A
   
 
 

 

Item 9. Notice of Dissolution of Group.
   
  Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity.  See Item 5.
   
  N/A
   
Item 10. Certification.
   
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

 

 

 

 

 

 
 

 

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.

 

  August 28, 2020
  (Date)
   
   
  MANCHESTER EXPLORER, L.P.*
   
   
  /s/ James E. Besser
  (Signature)
   
   
  James E. Besser, Managing Member of the General Partner
  (Name/Title)
   
   
  Manchester Management Company, LLC*
   
   
  /s/ James E. Besser
  (Signature)
   
   
  James E. Besser, Managing Member
  (Name/Title)
   
   
  Manchester Management PR, LLC*
   
   
  /s/ James E. Besser
  (Signature)
   
  James E. Besser, Managing Member
  (Name/Title)
   
   
  JAMES E. BESSER
   
   
  /s/ James E. Besser
  (Signature)
   
  MORGAN C. FRANK
   
   
  /s/ Morgan C. Frank
  (Signature)
   

 

 

* The Reporting Person disclaims beneficial ownership in the common stock reported herein except to the extent of his pecuniary interest therein.

 

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s.240.13d-7 for other parties for whom copies are to be sent.

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

 
 

Exhibit A

 

 

AGREEMENT

 

 

The undersigned agree that this Schedule 13G dated August 28, 2020 relating to the Common Stock, $0.0001 par value, of DarioHealth Corp. shall be filed on behalf of the undersigned.

 

 

  August 28, 2020
  (Date)
   
   
  MANCHESTER EXPLORER, L.P.
   
   
  /s/ James E. Besser
  (Signature)
   
   
  James E. Besser, Managing Member of the General Partner
  (Name/Title)
   
   
  Manchester Management Company, LLC
   
   
  /s/ James E. Besser
  (Signature)
   
   
  James E. Besser, Managing Member
  (Name/Title)
   
   
  Manchester Management PR, LLC
   
   
  /s/ James E. Besser
  (Signature)
   
  James E. Besser, Managing Member
  (Name/Title)
   
   
  JAMES E. BESSER
   
   
  /s/ James E. Besser
  (Signature)
   
  MORGAN C. FRANK
   
   
  /s/ Morgan C. Frank
  (Signature)