This Amendment No. 6 (this "Amendment") amends and supplements the Schedule 13D filed by Zohar Zisapel (the “Reporting Person”) with the Securities and Exchange Commission (the “SEC”) on November 20, 2008, as amended and supplemented by Amendment No.1 filed by the Reporting Person with the SEC on February 10, 2011, as amended and supplemented by Amendment No.2 filed by the Reporting Person with the SEC on August 29, 2011 and as amended and supplemented by Amendment No.3, filed by the Reporting Person with the SEC on February 27, 2012, as amended and supplemented by Amendment No. 4 filed by the Reporting Person with the SEC on February 19, 2013 and as amended and supplemented by Amendment No. 5 filed by the Reporting Person with the SEC on February 18, 2014 (the “Schedule 13D”) in respect of the Ordinary Shares, NIS 0.20 par value each (“Ordinary Shares”), of RADCOM Ltd., an Israeli company (the “Issuer”).
Capitalized terms used herein but not otherwise defined herein shall have the meanings ascribed to such terms in the Schedule 13D.
Item 3.
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Source and Amount of Funds or Other Consideration.
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Item 3 is hereby amended and restated as follows:
All Ordinary Shares presently beneficially owned by the Reporting Person were acquired by the Reporting Person over several years through various means by personal funds.
Item 5.
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Interest in the Securities of the Issuer
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Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:
The information given herein below is based on 11,311,340 Ordinary Shares that the Issuer advised were issued and outstanding as of May 25, 2016 (including the options and warrants set forth below).
(a), (b) See the responses (and footnotes) to Items 7 through 11 and 13 of the cover page.
The aggregate of 2,998,383 Ordinary Shares (representing approximately 26.51% of the outstanding Ordinary Shares) beneficially owned by the Reporting Person consists of (i) 1,996,472 Ordinary Shares held of record by the Reporting Person (before the exercise of options mentioned in section (vii) – (ix) below), (ii) 13,625 Ordinary Shares held of record by Klil & Michael Ltd., an Israeli company, (iii) 224,562 Ordinary Shares held of record by Michael & Klil Holdings (93) Ltd. (iv) 238,187 Ordinary Shares held of record by Lomsha Ltd., an Israeli company, (v) options to acquire 5,000 Ordinary Shares at a weighted average exercise price of $14.52per share exercisable within 60 days, (vi) 135,537 Ordinary Shares issuable upon the exercise of warrants at an exercise price of $3.49 per share (vii) 20,000 Ordinary Shares issued in connection with the exercise of options on August 26, 2014 (viii) 15,000 Ordinary Shares issued in connection with the exercise of options on July 28, 2015 (ix) 150,000 Ordinary Shares issued in connection with the exercise of options on May 23, 2016 and (x) 200,000 Ordinary Shares purchased by the Reporting Person at the follow on offering of the Company’s Ordinary Shares that took place on 25 May 2016 against a total payment of US$ 2,200,000 ($11 per Ordinary Share) which full amount was paid by the Reporting Person from its personal funds.
. The Reporting Person is a principal shareholder and director of Lomsha Ltd., Michael & Klil Holdings (93) Ltd. and Klil and Michael Ltd. and, as such, may be deemed to have voting and dispositive power over the Ordinary Shares held by such companies. The options and warrants listed above are exercisable currently or within 60 days of May 25, 2016.