UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
(Title of Class of Securities)
(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).
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CUSIP No. 50116V107
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| (1) |
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Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)
Mithaq Capital SPC
00-0000000
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| (2) |
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Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b)
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| (3) |
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SEC Use Only |
| (4) |
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Citizenship or Place of Organization Cayman Islands |
| Number of Shares Beneficially Owned by Each Reporting Person With |
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(5) |
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Sole Voting Power 2,012,496 |
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(6) |
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Shared Voting Power 0 |
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(7) |
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Sole Dispositive Power 2,012,496 |
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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 2,012,496 |
| (10) |
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
(See Instructions) |
| (11) |
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Percent of Class Represented by Amount in Row (9) 13.7% |
| (12) |
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Type of Reporting Person (See Instructions) CO |
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CUSIP No. 50116V107
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Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)
Turki Saleh A. AlRajhi
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| (2) |
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Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b)
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| (3) |
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SEC Use Only |
| (4) |
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Citizenship or Place of Organization Saudi Arabia |
| 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 2,012,496 |
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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 2,012,496 |
| (9) |
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Aggregate Amount Beneficially Owned by Each Reporting Person 2,012,496 |
| (10) |
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
(See Instructions) |
| (11) |
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Percent of Class Represented by Amount in Row (9) 13.7% |
| (12) |
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Type of Reporting Person (See Instructions) IN |
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CUSIP No. 50116V107
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Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)
Muhammad Asif Seemab
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| (2) |
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Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b)
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| (3) |
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SEC Use Only |
| (4) |
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Citizenship or Place of Organization Pakistan |
| 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 2,012,496 |
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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 2,012,496 |
| (9) |
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Aggregate Amount Beneficially Owned by Each Reporting Person 2,012,496 |
| (10) |
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
(See Instructions) |
| (11) |
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Percent of Class Represented by Amount in Row (9) 13.7% |
| (12) |
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Type of Reporting Person (See Instructions) IN |
Item 1.
(a) Name of Issuer
KUBIENT, INC.
(b) Address of Issuer's Principal Executive Offices
500 FIFTH AVENUE, 8TH FLOOR
NEW YORK, New York, 10018
Item 2.
(a) Name of Person Filing
This Amendment No. 3 amends the Schedule 13G (Amendment No. 2) filed on October 11, 2022 ("Amendment #2 to Schedule 13G") which amended the Schedule 13G (Amendment No. 1) filed on December 15, 2021 ("Amendment #1 to Schedule 13G") which amended the Schedule 13G filed on February 4, 2021 (the "Original Schedule 13G"). This statement of beneficial ownership on Schedule 13G relates to the Common Stock of Kubient, Inc. owned by Mithaq Capital SPC, Turki Saleh A. AlRajhi, Muhammad Asif Seemab (the "Reporting Persons") on December 31, 2023. Unless specifically amended hereby, the disclosures and statements set forth in the Original Schedule 13G as further amended by Amendment #1 to Schedule 13G and Amendment #2 to Schedule 13G remain unchanged . Capitalized terms used but not otherwise defined herein have the meanings given to them in the Original Schedule 13G. All percentages of ownership of the Reporting Persons contained in this Schedule 13G are based on the 14,689,333 issued and outstanding shares of Common Stock as reported by Kubient, Inc. in its Proxy Statement dated April 25, 2023.
(b) Address of Principal Business Office or, if none, Residence
See Original Schedule 13G.
(c) Citizenship
See Original Schedule 13G.
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
50116V107
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)
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Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
(e)
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An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)
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An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)
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A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
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A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
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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 of 1940 (15 U.S.C. 80a-3);
(j)
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Group, in accordance with §240.13d-1(b)(1)(ii)(J).
Item 4.
(a) Amount beneficially owned:
Reporting Person: Mithaq Capital SPC: 2,012,496
Reporting Person: Turki Saleh A. AlRajhi: 2,012,496
Reporting Person: Muhammad Asif Seemab: 2,012,496
(b) Percent of class:
Reporting Person: Mithaq Capital SPC: 13,7%
Reporting Person: Turki Saleh A. AlRajhi: 13,7%
Reporting Person: Muhammad Asif Seemab: 13,7%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
Reporting Person: Mithaq Capital SPC: 2,012,496
Reporting Person: Turki Saleh A. AlRajhi: 0
Reporting Person: Muhammad Asif Seemab: 0
(ii) Shared power to vote or to direct the vote
Reporting Person: Mithaq Capital SPC: 0
Reporting Person: Turki Saleh A. AlRajhi: 2,012,496
Reporting Person: Muhammad Asif Seemab: 2,012,496
(iii) Sole power to dispose or to direct the disposition of
Reporting Person: Mithaq Capital SPC: 2,012,496
Reporting Person: Turki Saleh A. AlRajhi: 0
Reporting Person: Muhammad Asif Seemab: 0
(iv) Shared power to dispose or to direct the disposition of
Reporting Person: Mithaq Capital SPC: 0
Reporting Person: Turki Saleh A. AlRajhi: 2,012,496
Reporting Person: Muhammad Asif Seemab: 2,012,496
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 [ ]
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 the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
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.
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.
Date: February 13, 2024
Mithaq Capital SPC |
| By: |
/s/ Turki Saleh A. AlRajhi |
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| Name: Turki Saleh A. AlRajhi |
| Title: Director |
Date: February 13, 2024
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| By: |
/s/ Turki Saleh A. AlRajhi |
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| Name: Turki Saleh A. AlRajhi |
Date: February 13, 2024
Mithaq Capital SPC |
| By: |
/s/ Muhammad Asif Seemab |
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| Name: Muhammad Asif Seemab |
| Title: Director |
Date: February 13, 2024
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| By: |
/s/ Muhammad Asif Seemab |
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| Name: Muhammad Asif Seemab |