Filing Details

Accession Number:
0001104659-18-044927
Form Type:
13G Filing
Publication Date:
2018-07-12 20:34:27
Filed By:
Sw Chrysalis, Llc
Company:
Inotiv Inc. (NASDAQ:NOTV)
Filing Date:
2018-07-13
SEC Url:
13G 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
SW Chrysalis 1,500,000 7 1,500,000 9 1,500,000 14.61%
Kimberly L. Sagartz 6 632,475 8 632,475 632,475 6.17%
John E. Sagartz 6 617,625 8 617,625 617,625 6.03%
Filing

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

Bioanalytical Systems, Inc.

(Name of Issuer)

Common Shares, no par value

(Title of Class of Securities)

09058M103

(CUSIP Number)

July 2, 2018

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

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 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).

 


 

SCHEDULE 13G

 

CUSIP No. 09058M103

 

 

1

Names of Reporting Persons
SW Chrysalis, LLC (42-1600464)

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

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
1,500,000

 

6

Shared Voting Power

 

7

Sole Dispositive Power
1,500,000

 

8

Shared Dispositive Power

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
1,500,000

 

 

10

Check Box if the Aggregate Amount in Row 9 Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row 9
14.61%*

 

 

12

Type of Reporting Person (See Instructions)
CO

 


* 1,500,000 Common Shares is 14.61% of the 10,245,396 Common Shares of the Issuer that were issued and outstanding immediately following the transactions described in Item 4 of this Schedule 13G.

 

2


 

SCHEDULE 13G

 

CUSIP No. 09058M103

 

 

1

Names of Reporting Persons
Kimberly L. Sagartz

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Missouri

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power

 

6

Shared Voting Power
632,475*

 

7

Sole Dispositive Power
 

 

8

Shared Dispositive Power
632,475*

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
632,475*

 

 

10

Check Box if the Aggregate Amount in Row 9 Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row 9
6.17%*

 

 

12

Type of Reporting Person (See Instructions)
IN

 


* Reporting person Kimberly L. Sagartz is the indirect beneficial owner of 632,475 Common Shares of the Issuer as a result of reporting person Kimberly L. Sagartz ownership of 42.165% of the outstanding equity of reporting person SW Chrysalis, LLC.    632,475 Common Shares is 6.17% of the 10,245,396 Common Shares of the Issuer that were issued and outstanding immediately following the transactions described in Item 4 of this Schedule 13G.

 

3


 

SCHEDULE 13G

 

CUSIP No. 09058M103

 

 

1

Names of Reporting Persons
John E. Sagartz

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Missouri

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power

 

6

Shared Voting Power
617,625*

 

7

Sole Dispositive Power
 

 

8

Shared Dispositive Power
617,625*

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
617,625*

 

 

10

Check Box if the Aggregate Amount in Row 9 Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row 9
6.03%*

 

 

12

Type of Reporting Person (See Instructions)
IN

 


* Reporting person John E. Sagartz is the indirect beneficial owner of 617,625 Common Shares of the Issuer as a result of reporting person John E. Sagartz ownership of 41.175% of the outstanding equity of reporting person SW Chrysalis, LLC.  617,625 Common Shares is 6.03% of the 10,245,396 Common Shares of the Issuer that were issued and outstanding immediately following the transactions described in Item 4 of this Schedule 13G.

 

4


 

Item 1

 

(a)

Name of Issuer:
Bioanalytical Systems, Inc.

 

(b)

Address of Issuers Principal Executive Offices:
2701 Kent Ave.
West Lafayette, IN 47906-1382

 

Item 2

 

(a)

Name of Person Filing:
This report is filed by SW Chrysalis, LLC, Kimberly L. Sagartz, and John E. Sagartz with respect to the Common Shares, no par value, of the Issuer that are directly beneficially owned by SW Chrysalis, LLC and indirectly beneficially owned by Kimberly L. Sagartz and John E. Sagartz.

 

(b)

Address of Principal Business Office, or, if none, Residence:
The address of the principal business office of each reporting and filing person is:
19 Worthington Access Drive, Maryland Heights, MO 63043.

 

(c)

Citizenship:
SW Chrysalis, LLC is a Delaware limited liability company.

Kimberly L. Sagartz is a United States citizen.

John E. Sagartz is a United States citizen.

 

(d)

Title of Class of Securities:
Common Shares, no par value.

 

(e)

CUSIP Number:
09058M103

 

Item 3:

If this statement if filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

 

a.

o

Broker or dealer registered under section 15 of the Exchange Act.

 

b.

o

Bank as defined in section 3(a)(6) of the Exchange Act.

 

c.

o

Insurance company as defined in section 3(a)(19) of the Exchange Act.

 

d.

o

Investment company registered under section 8 of the Investment Company Act.

 

e.

o

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)

 

f.

o

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F)

 

g.

o

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G)

 

h.

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act

 

i.

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act

 

j.

o

Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

 

5


 

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:

See Item 9 of the cover pages.

 

(b)

Percent of class:

See Item 11 of the cover pages.

 

(c)

Number of shares as to which such person has:

 

 

 

(i)

Sole power to vote or to direct the vote:

See Item 5 of the cover pages.

 

 

(ii)

Shared power to vote or to direct the vote:

See Item 6 of the cover pages.

 

 

(iii)

Sole power to dispose or to direct the disposition of:

See Item 7 of the cover pages.

 

 

(iv)

Shared power to dispose or to direct the disposition of:

See Item 8 of the cover pages.

 

 

On July 2, 2018, the Issuer, Cardinal Laboratories, LLC, an Indiana limited liability company (the Purchaser), and reporting persons SW Chrysalis, LLC, Kimberly L. Sagartz, and John E. Sagartz entered into an Asset Purchase Agreement (the Purchase Agreement), as disclosed in the Issuers Current Report on Form 8-K filed on July 3, 2018.

 

Pursuant to the Purchase Agreement, the Purchaser, which is a direct, wholly owned subsidiary of the Issuer, purchased substantially all of the assets of reporting person SW Chrysalis, LLC, which at the time was named Seventh Wave Laboratories, LLC. As part of the purchase consideration, the Issuer issued 1,500,000 of its Common Shares to reporting person SW Chrysalis, LLC.

 

In Section 4.5(a) of the Purchase Agreement, the Issuer and the Purchaser represented and warranted that 8,745,396 of the Issuers Common Shares were issued and outstanding immediately prior to the transactions contemplated by the Purchase Agreement.  After the Issuer issued 1,500,000 of its Common Shares to reporting person SW Chrysalis, LLC, 10,245,396 of the Issuers Common Shares were issued and outstanding.

 

On July 2, 2018, Reporting person John E. Sagartz was elected as a Director of the Issuer, as disclosed in the Issuers Current Report on Form 8-K filed on July 3, 2018.

 

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 box: o

 

Item 6:

Ownership of More than Five Percent on Behalf of Another Person.

 

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.

 

N/A

 

Item 8:

Identification and Classification of Members of the Group.

 

N/A

 

Item 9:

Notice of Dissolution of Group.

 

N/A

 

6


 

Item 10:

Certifications.

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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 such purpose or effect.

 

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:  July 12, 2018

 

SW CHRYSALIS, LLC

 

 

 

 

 

 

By:

/s/ Kimberly L. Sagartz

 

 

Name:

Kimberly L. Sagartz

 

 

Title:

Co-President and Chief Operating Officer

 

 

 

 

 

 

 

Dated:  July 12, 2018

 

KIMBERLY L. SAGARTZ

 

 

 

 

 

/s/ Kimberly L. Sagartz

 

 

 

 

 

 

Dated:  July 12, 2018

 

JOHN E. SAGARTZ

 

 

 

 

 

/s/ John E. Sagartz

 

7


 

ANNEX 1

 

JOINT FILING AGREEMENT

 

In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock of Silver Dragon Resources Inc., and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement on the date(s) written below.

 

 

Dated:  July 12, 2018

 

SW CHRYSALIS, LLC

 

 

 

 

 

 

By:

/s/ Kimberly L. Sagartz

 

 

Name:

Kimberly L. Sagartz

 

 

Title:

Co-President and Chief Operating Officer

 

 

 

 

 

 

 

Dated:  July 12, 2018

 

KIMBERLY L. SAGARTZ

 

 

 

 

 

/s/ Kimberly L. Sagartz

 

 

 

 

 

 

Dated:  July 12, 2018

 

JOHN E. SAGARTZ

 

 

 

 

 

/s/ John E. Sagartz

 

8