13D Filing: Alpha Capital Anstalt and Dropcar Inc. (WPCS)

Page 2 of 4 – SEC Filing

SCHEDULE 13D

 

CUSIP
NO:

 

(1)  

NAMES
OF REPORTING PERSONS

I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 

 

Alpha Capital Anstalt

(2)  

CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(A)  ☐
(B)  ☐

(3)  

SEC
USE ONLY

 

(4)  

SOURCE
OF FUNDS (SEE INSTRUCTIONS)

 

WC
and OO

(5)  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(D) OR 2(E)
    ☐ 

 

(6)  

CITIZENSHIP
OR PLACE OF ORGANIZATION

 

Liechtenstein

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

   (7)   

SOLE
VOTING POWER –
1,400,375 *

See Item 3 below

   (8)   

SHARED
VOTING POWER –
0

   (9)   

SOLE
DISPOSITIVE POWER –
1,400,375 *
See Item 3 below 

   (10)   

SHARED
DISPOSITIVE POWER –
0

(11)  

AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON –
1,400,375 *

See Item 3 below 

(12)  

CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)    ☐

See Item 3 below *

(13)  

PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 

17.93%* (based on 7,811,888 shares outstanding) See Item 3 below

(14)  

TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS)

 CO

* Does not include the shares underlying the Series H-3 Convertible Preferred Stock nor the four classes of Warrants that Alpha
Capital Anstalt (“Alpha”) can beneficially control under a contractually stipulated 9.99% ownership restriction. The
full conversion and/or exercise of Alpha’s securities would exceed this restriction.
2

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