Filing Details

Accession Number:
0001178913-20-001548
Form Type:
13D Filing
Publication Date:
2020-05-20 16:07:11
Filed By:
Davidi Ishay
Company:
Kamada Ltd (NASDAQ:KMDA)
Filing Date:
2020-05-20
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
FIMI 9,452,708 9,452,708 9,452,708 21.23%
FIMI Opportunity 6 4,421,909 4,421,909 4,421,909 9.93%
FIMI Israel Opportunity 6, Limited Partnership 5,030,799 5,030,799 5,030,799 11.30%
Or Adiv Ltd 9,452,708 9,452,708 9,452,708 21.23%
Ishay Davidi 9,452,708 9,452,708 9,452,708 21.23%
Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*

Kamada Ltd.

 (Name of Issuer)
 
Ordinary Shares, Par Value NIS 1.00 Per Share

(Title of Class of Securities)
 
 M6240T109
(CUSIP Number)

 

FIMI 6 2016 Ltd.
Alon Towers 2
94 Yigal Alon St.
Tel-Aviv 6789141, Israel
 +(972)-3-565-2244

 

(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
 
May 20, 2020

(Date of Event which Requires Filing of this Statement)
 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ☐.
 
Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See § 240.13d-7 for other parties to whom copies are to be sent.
 
*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 disclosures provided in a prior cover page.
 
The information required on 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.


CUSIP No. M6240T109
 
Page 2 of 10 Pages

1.
NAMES OF REPORTING PERSONS

FIMI 6 2016 Ltd.
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)
 
5.
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7.
SOLE VOTING POWER
 
N/A
 
8.
SHARED VOTING POWER
 
9,452,708
 
9.
SOLE DISPOSITIVE POWER
 
N/A
 
10.
SHARED DISPOSITIVE POWER
 
9,452,708
 
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,452,708
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.23%*
14.
TYPE OF REPORTING PERSON (See Instructions)
CO
 

*          The calculation is based on a total of 44,523,970 Ordinary Shares outstanding, as reported in the Annual Report on Form 20-F of Kamada Ltd., as filed with the Securities and Exchange Commission on February 26, 2020.    



CUSIP No. M6240T109
 
Page 3 of 10 Pages

1.
NAMES OF REPORTING PERSONS

FIMI Opportunity 6, L.P.
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
5.
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7.
SOLE VOTING POWER
 
N/A
 
8.
SHARED VOTING POWER
 
4,421,909
 
9.
SOLE DISPOSITIVE POWER
 
N/A
 
10.
SHARED DISPOSITIVE POWER
 
4,421,909
 
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,421,909
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.93%*
14.
TYPE OF REPORTING PERSON (See Instructions)
PN
 


*          The calculation is based on a total of 44,523,970 Ordinary Shares outstanding, as reported in the Annual Report on Form 20-F of Kamada Ltd., as filed with the Securities and Exchange Commission on February 26, 2020.

CUSIP No. M6240T109
 
Page 4 of 10 Pages

1.
NAMES OF REPORTING PERSONS

FIMI Israel Opportunity 6, Limited Partnership
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
5.
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7.
SOLE VOTING POWER
 
N/A
 
8.
SHARED VOTING POWER
 
5,030,799
 
9.
SOLE DISPOSITIVE POWER
 
N/A
 
10.
SHARED DISPOSITIVE POWER
 
5,030,799
 
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,030,799
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.30%*
14.
TYPE OF REPORTING PERSON (See Instructions)
PN

                                                           
*          The calculation is based on a total of 44,523,970 Ordinary Shares outstanding, as reported in the Annual Report on Form 20-F of Kamada Ltd., as filed with the Securities and Exchange Commission on February 26, 2020.


CUSIP No. M6240T109
 
Page 5 of 10 Pages

1.
NAMES OF REPORTING PERSONS

Or Adiv Ltd.
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)

5.
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7.
SOLE VOTING POWER
 
N/A
 
8.
SHARED VOTING POWER
 
9,452,708
 
9.
SOLE DISPOSITIVE POWER
 
N/A
 
10.
SHARED DISPOSITIVE POWER
 
9,452,708
 
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,452,708
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.23%*
14.
TYPE OF REPORTING PERSON (See Instructions)
CO
 

*          The calculation is based on a total of 44,523,970 Ordinary Shares outstanding, as reported in the Annual Report on Form 20-F of Kamada Ltd., as filed with the Securities and Exchange Commission on February 26, 2020. 

CUSIP No. M6240T109
 
Page 6 of 10 Pages

1.
NAMES OF REPORTING PERSONS

Ishay Davidi
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)

5.
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7.
SOLE VOTING POWER
 
N/A
 
8.
SHARED VOTING POWER
 
9,452,708
 
9.
SOLE DISPOSITIVE POWER
 
N/A
 
10.
SHARED DISPOSITIVE POWER
 
9,452,708
 
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,452,708
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.23%*
14.
TYPE OF REPORTING PERSON (See Instructions)
IN
 

*          The calculation is based on a total of 44,523,970 Ordinary Shares outstanding, as reported in the Annual Report on Form 20-F of Kamada Ltd., as filed with the Securities and Exchange Commission on February 26, 2020. 
The undersigned, FIMI 6 2016 Ltd. (“FIMI 6”), FIMI Opportunity 6, L.P. (“FIMI Opportunity”), FIMI Israel Opportunity 6, Limited Partnership (“FIMI Israel Opportunity”, and together with FIMI Opportunity, the “FIMI 6 Funds”), Or Adiv Ltd. (“Or Adiv”) and Ishay Davidi (together, the “Reporting Persons”) hereby file this Amendment No. 2 to Schedule 13D (the “Amendment”), which amends the Schedule 13D filed by the Reporting Persons on November 27, 2019, as amended by Amendment No. 1 to Schedule 13D filed by the Reporting Persons on January 21, 2020 (as amended, the “Schedule 13D”), with respect to the Ordinary Shares, par value NIS 1.00 per share (the “Ordinary Shares”), of Kamada Ltd., an Israeli company (“Kamada”).  The Amendment amends and supplements Items 3, 4 and 5 of the Schedule 13D.

Item 3.
Source and Amount of Funds or Other Consideration
Item 3 is hereby amended to add the following:
 
On May 20, 2020, FIMI Opportunity acquired an aggregate of 21,091 Ordinary Shares for an aggregate purchase price of approximately $167,731 (excluding brokerage commissions), and FIMI Israel Opportunity acquired an aggregate of 23,994 Ordinary Shares for an aggregate purchase price of $147,436 (excluding brokerage commissions), as set forth in Schedule A hereto, which is incorporated herein by reference.  The US Dollar values are calculated based on the exchange rate published by the Bank of Israel on May 20, 2020.
 
The source of funding for the purchase of the Ordinary Shares was the capital of the FIMI 6 Funds.

Item 4.
Purpose of Transaction
Item 4 is hereby amended to add the following:
 
On May 20, 2020, FIMI Opportunity acquired an aggregate of 21,091 Ordinary Shares for an aggregate purchase price of approximately $167,731 (excluding brokerage commissions), and FIMI Israel Opportunity acquired an aggregate of 23,994 Ordinary Shares for an aggregate purchase price of $147,436 (excluding brokerage commissions), as set forth in Schedule A hereto, which is incorporated herein by reference. The US Dollar values are calculated based on the exchange rate published by the Bank of Israel on May 20, 2020.

Each of the Reporting Persons intends to continuously review its investment in Kamada, and may in the future determine, either alone or as part of a group (i) to acquire additional securities of Kamada, through open market purchases, private agreements or otherwise, (ii) to dispose of all or a portion of the securities of Kamada owned by it or (iii) to take any other available course of action, which could involve one or more of the types of transactions or have one or more of the results described in paragraphs (a) – (j) of Item 4 of Schedule 13D.  Notwithstanding anything contained herein, each of the Reporting Persons specifically reserves the right to change its intention with respect to any or all of such matters.
 
Item 5.
Interest in Securities of the Issuer
Item 5 is hereby amended and restated to read as follows:
 
(a)          The calculations included herein are based on a total of 44,523,970 Ordinary Shares outstanding, as reported in the Annual report on Form 20-F of Kamada Ltd., as filed with the Securities and Exchange Commission on February 26, 2020.
 
As of May 20, 2020, FIMI Opportunity directly beneficially owns 4,421,909 Ordinary Shares, representing approximately 9.93% of the Ordinary Shares.
 
As of May 20, 2020, FIMI Israel Opportunity directly beneficially owns 5,030,799 Ordinary Shares, representing approximately 11.30% of the Ordinary Shares.

Page 7 of 10 Pages
 
As of May 20, 2020, FIMI 6, Or Adiv and Ishay Davidi indirectly beneficially own Ordinary Shares, representing approximately 21.23% of the Ordinary Shares.
 
(b)          As of May 20, 2020, FIMI 6, Or Adiv and Ishay Davidi share the power to vote and dispose of, the 9,452,708 Ordinary Shares beneficially owned by the Reporting Persons.
 
As of May 20, 2020, FIMI Opportunity shares the power to vote and dispose of, the 4,421,909 Ordinary Shares directly beneficially owned by FIMI Opportunity.
 
As of May 20, 2020, FIMI Israel Opportunity shares the power to vote and dispose of, the 5,030,799 Ordinary Shares directly beneficially owned by FIMI Israel Opportunity.
 
(c)          Except as set forth in Schedule A hereto and as described in Item 4, no transactions in the Ordinary Shares have been effected by the Reporting Persons during the past 60 days.
 
(d)          None.
 
(e)          N/A

Page 8 of 10 Pages
 
Signatures

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.
 
Dated:  May 20, 2020
   
     
 
FIMI 6 2016 Ltd.
 
       

By:
/s/ Ishay Davidi  
    Name: Ishay Davidi  
   
Title: CEO
 
       
 
FIMI Opportunity 6, L.P.
By: FIMI 6 2016 Ltd., managing general partner
 


By:
/s/ Ishay Davidi  
    Name: Ishay Davidi  
   
Title: CEO
 
       
 
FIMI Israel Opportunity 6, Limited Partnership
By: FIMI 6 2016 Ltd., managing general partner
 


By:
/s/ Ishay Davidi  
    Name: Ishay Davidi  
   
Title: CEO
 
       
 
Or Adiv Ltd.
 


By:
/s/ Ishay Davidi  
    Name: Ishay Davidi  
   
Title: CEO
 
       
  Ishay Davidi  


By:
/s/ Ishay Davidi  
    Name: Ishay Davidi  
   
Title: CEO
 
       

Page 9 of 10 Pages

Schedule A

Reporting Person – FIMI Opportunity 6, L.P.

 
Nature of Transaction

Date of Transaction
Number of Ordinary Shares
Price per Ordinary Share*
Purchase of Ordinary Shares
May 20, 2020
19,180
NIS 24.50 ($6.99)
Purchase of Ordinary Shares
May 20, 2020
456
NIS 24.36 ($6.95)
Purchase of Ordinary Shares
May 20, 2020
234
NIS 24.45 ($6.98)
Purchase of Ordinary Shares
May 20, 2020
280
NIS 24.43 ($6.97)
Purchase of Ordinary Shares
May 20, 2020
153
NIS 24.44 ($6.97)
Purchase of Ordinary Shares
May 20, 2020
236
NIS 24.47 ($6.98)
Purchase of Ordinary Shares
May 20, 2020
552
NIS 24.50 ($6.99)

* US Dollar value calculated based on the exchange rate published by the Bank of Israel on May 20, 2020 (US$1:NIS3.504).

Reporting Person – FIMI Israel Opportunity 6, Limited Partnership

 
Nature of Transaction

Date of Transaction
Number of Ordinary Shares
Price per Ordinary Share*
Purchase of Ordinary Shares
May 20, 2020
21,820
NIS 24.50 ($6.99)
Purchase of Ordinary Shares
May 20, 2020
519
NIS 24.36 ($6.95)
Purchase of Ordinary Shares
May 20, 2020
266
NIS 24.45 ($6.98)
Purchase of Ordinary Shares
May 20, 2020
318
NIS 24.43 ($6.97)
Purchase of Ordinary Shares
May 20, 2020
173
NIS 24.44 ($6.97)
Purchase of Ordinary Shares
May 20, 2020
270
NIS 24.47 ($6.98)
Purchase of Ordinary Shares
May 20, 2020
628
NIS 24.50 ($6.99)

* US Dollar value calculated based on the exchange rate published by the Bank of Israel on May 20, 2020 (US$1:NIS3.504).

Page 10 of 10 Pages