UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13G
Under
the Securities Exchange Act of 1934
(Amendment
No. 2)*
Freight
Technologies, Inc.
(Name
of Issuer)
Ordinary
Shares, par value $1.10
(Title
of Class of Securities)
G51413105
(CUSIP
Number)
May
17, 2024
(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)
☒
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 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 (however, see the Notes).
CUSIP
No. G51413105
1. |
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
ATW
Opportunities Master Fund, L.P. |
2. |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see
instructions)
(a)
☐
(b)
☒ |
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
0 |
6. |
SHARED
VOTING POWER
231,395* |
7. |
SOLE
DISPOSITIVE POWER
0 |
8. |
SHARED
DISPOSITIVE POWER
231,395* |
9. |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
231,395* |
10. |
CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see
instructions) ☐ |
11. |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.9%* |
12. |
TYPE
OF REPORTING PERSON (see instructions)
PN |
CUSIP
No. G51413105
1. |
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Freight
Opportunities LLC |
2. |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see
instructions)
(a)
☐
(b)
☒ |
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
0 |
6. |
SHARED
VOTING POWER
231,395* |
7. |
SOLE
DISPOSITIVE POWER
0 |
8. |
SHARED
DISPOSITIVE POWER
231,395* |
9. |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
231,395* |
10. |
CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see
instructions) ☐ |
11. |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.9%* |
12. |
TYPE
OF REPORTING PERSON (see instructions)
OO |
CUSIP
No. G51413105
1. |
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
ATW
Partners Opportunities Management, LLC |
2. |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see
instructions)
(a)
☐
(b)
☒ |
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
0 |
6. |
SHARED
VOTING POWER
231,395* |
7. |
SOLE
DISPOSITIVE POWER
0 |
8. |
SHARED
DISPOSITIVE POWER
231,395* |
9. |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
231,395* |
10. |
CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see
instructions) ☐ |
11. |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.9%* |
12. |
TYPE
OF REPORTING PERSON (see instructions)
IA,OO |
CUSIP
No. G51413105
1. |
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Antonio
Ruiz-Gimenez |
2. |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see
instructions)
(a)
☐
(b)
☒ |
3. |
SEC
USE ONLY
|
4. |
CITIZENSHIP
OR PLACE OF ORGANIZATION
Spain |
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH |
5. |
SOLE
VOTING POWER
0 |
6. |
SHARED
VOTING POWER
231,395* |
7. |
SOLE
DISPOSITIVE POWER
0 |
8. |
SHARED
DISPOSITIVE POWER
231,395* |
9. |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
231,395* |
10. |
CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see
instructions) ☐ |
11. |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.9%* |
12. |
TYPE
OF REPORTING PERSON (see instructions)
IN,
HC |
CUSIP
No. G51413105
1. |
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Kerry
Propper |
2. |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see
instructions)
(a)
☐
(b)
☒ |
3. |
SEC
USE ONLY
|
4. |
CITIZENSHIP
OR PLACE OF ORGANIZATION
United
States |
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH |
5. |
SOLE
VOTING POWER
0 |
6. |
SHARED
VOTING POWER
231,395* |
7. |
SOLE
DISPOSITIVE POWER
0 |
8. |
SHARED
DISPOSITIVE POWER
231,395* |
9. |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
231,395* |
10. |
CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see
instructions) ☐ |
11. |
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.9%* |
12. |
TYPE
OF REPORTING PERSON (see instructions)
IN,
HC |
CUSIP
No. G51413105
Item
1.
|
(a) |
Name
of Issuer
Freight
Technologies, Inc. (the “Issuer”) |
|
|
|
|
(b) |
Address
of Issuer’s Principal Executive Offices
2001
Timberloch Place, Suite 500
The
Woodlands, TX 77380 |
Item
2.
|
(a) |
Name
of Person Filing:
ATW
Opportunities Master Fund, L.P.*
Freight
Opportunities LLC*
ATW
Partners Opportunities Management, LLC*
Antonio
Ruiz-Gimenez*
Kerry
Propper* |
|
|
|
|
(b) |
Address
of the Principal Office or, if none, residence
17
State Street, Suite 2130
New
York, New York 10004 |
|
|
|
|
(c) |
Citizenship
ATW
Opportunities Master Fund, L.P. – Delaware
Freight
Opportunities LLC – Delaware
ATW Partners Opportunities Management, LLC – Delaware
Antonio
Ruiz-Gimenez – Spain
Kerry
Propper – United States |
|
|
|
|
(d) |
Title
of Class of Securities
Ordinary
Shares, par value $1.10 |
|
|
|
|
(e) |
CUSIP
Number
G51413105 |
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: N/A
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:
ATW
Opportunities Master Fund, L.P. – 231,395*
Freight
Opportunities LLC – 231,395*
ATW Partners Opportunities Management, LLC – 231,395*
Antonio Ruiz-Gimenez – 231,395*
Kerry Propper – 231,395*
|
|
|
|
|
(b) |
Percent
of class:
ATW
Opportunities Master Fund, L.P. – 9.9%*
Freight
Opportunities LLC – 9.9%*
ATW Partners Opportunities Management, LLC – 9.9%*
Antonio
Ruiz-Gimenez – 9.9%*
Kerry
Propper – 9.9%* |
|
(c) |
Number
of shares as to which the person has: |
|
|
|
|
|
|
(i) |
Sole
power to vote or to direct the vote
ATW Opportunities Master Fund, L.P. – 0
Freight Opportunities LLC – 0
ATW
Partners Opportunities Management, LLC – 0
Antonio
Ruiz-Gimenez – 0
Kerry
Propper – 0 |
|
|
|
|
|
|
(ii) |
Shared
power to vote or to direct the vote
ATW Opportunities Master Fund, L.P. – 231,395*
ATW Partners Opportunities Management, LLC – 231,395*
Antonio
Ruiz-Gimenez – 231,395*
Kerry Propper – 231,395* |
|
|
|
|
|
|
(iii) |
Sole
power to dispose or to direct the disposition of
ATW Opportunities Master Fund, L.P. – 0
Freight Opportunities LLC– 0
ATW
Partners Opportunities Management, LLC – 0
Antonio
Ruiz-Gimenez – 0
Kerry
Propper – 0 |
|
|
|
|
|
|
(iv) |
Shared
power to dispose or to direct the disposition of
ATW Opportunities Master Fund II, L.P. – 231,395*
Freight Opportunities LLC– 231,395*
ATW Partners Opportunities Management, LLC – 231,395*
Antonio
Ruiz-Gimenez – 231,395*
Kerry
Propper – 231,395* |
Instruction.
For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
*The
ordinary shares (the “Shares”) reported herein represents Shares held directly by Freight Opportunities LLC (the
“Holding Company”) and Shares the Holding Company can acquire through the exercise of preferred shares, warrants, and
convertible debt. The Holding Company is wholly owned by the private fund, ATW Opportunities Master Fund, L.P. (the
“Fund”). ATW Partners Opportunities Management, LLC serves as the investment manager to the Fund (the
“Adviser”). Antonio Ruiz-Gimenez and Kerry Propper serve as the managing members of the Adviser (the “Managing
Members”, and collectively with the Holding Company, Fund, and Adviser, the “Reporting Persons”). By virtue of
these relationships, the Reporting Persons may be deemed to have shared voting and dispositive power with respect to the Shares
owned directly by the Holding Company.
As
of the date which requires this filing, the Holding Company held (i) 86,000 Shares; (ii) certain preferred shares; (iii)
warrants; and (iv) convertible debt, each exercisable into Shares. Each of (i) - (iv) are subject to a blocker which
prevents the Holding Company from exercising its warrants, preferred shares, and convertible debt to
purchase Shares or otherwise convert such instruments into Shares to the extent that, upon such exercise, the Holding Company, together
with its affiliates would beneficially own in excess of 9.99% of the Shares outstanding as a result of such exercise or conversion
(the “Blocker”). For the sake of clarity, the Manager also holds certain preferred shares.
As such, the percent of class reported
herein is giving effect to the Blocker and is based upon a statement in the Issuer’s Form 20-F filed on May 9, 2024 that there
were 2,191,924 Shares (par value, $1.10) outstanding as of December 31, 2023, plus the approximate total number of Shares that the Reporting
Persons can acquire upon the exercise of warrants, preferred shares, and/or convertible notes subject to the Blocker
in accordance with Rule 13d-3(d)(1)(i) under the Act.
This report shall not be deemed an admission that the Reporting Persons are beneficial owners of the Shares for purposes of Section 13
of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of the Reporting Persons disclaims beneficial ownership
of the Shares reported herein except to the extent of the Reporting Person’s pecuniary interest, if any, therein.
CUSIP
No. G51413105
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 [ ].
Instruction.
Dissolution of a group requires a response to this item.
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.
N/A
Item
8. Identification and Classification of Members of the Group.
N/A
Item
9. Notice of Dissolution of Group.
N/A
Item
10. Certification.
CUSIP
No. G51413105
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.
Dated:
May 24, 2024
|
ATW Opportunities Master Fund, L.P. |
|
|
|
|
By: |
/s/
Antonio Ruiz-Gimenez |
|
|
Antonio Ruiz-Gimenez, Managing Member of the General Partner |
|
|
|
|
Freight Opportunities LLC |
|
|
|
|
By: |
/s/ Antonio Ruiz-Gimenez |
|
|
Antonio
Ruiz-Gimenez, Managing Member of its Manager |
|
|
|
|
ATW
Partners Opportunities Management, LLC |
|
|
|
|
By: |
/s/
Antonio Ruiz-Gimenez |
|
|
Antonio
Ruiz-Gimenez, Managing Member |
|
|
|
|
Antonio
Ruiz-Gimenez |
|
|
|
|
By: |
/s/
Antonio Ruiz-Gimenez |
|
|
Individually |
|
|
|
|
Kerry
Propper |
|
|
|
|
By:
|
/s/
Kerry Propper |
|
|
Individually |
The
original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement
is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person,
evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however,
that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and
any title of each person who signs the statement shall be typed or printed beneath his signature.
Note.
Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s.240.13d-7
for other parties for whom copies are to be sent.
Attention.
Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).
CUSIP
No. G51413105
Exhibit
I
JOINT
FILING STATEMENT
PURSUANT
TO RULE 13D-1(K)(1)
The
undersigned hereby consent and agree to the joint filing of Schedule 13G under the Securities Exchange Act of 1934, as amended, with
respect to the ordinary shares of Freight Technologies, Inc., together with any or all amendments thereto, when and if required. The parties
hereto further consent and agree to file this Joint Filing Statement pursuant to Rule13d-1(k)(1)(iii) as an exhibit to Schedule 13G,
thereby incorporating the same into such Schedule13G.
This
Joint Filing Statement may be terminated by any of the undersigned upon written notice or such lesser period of notice as the undersigned
may mutually agree.
Dated:
May 24, 2024
|
ATW Opportunities Master Fund, L.P. |
|
|
|
By: |
/s/
Antonio Ruiz-Gimenez |
|
|
Antonio Ruiz-Gimenez, Managing Member of the General Partner |
|
|
|
|
Freight Opportunities LLC |
|
|
|
By: |
/s/ Antonio Ruiz-Gimenez |
|
|
Antonio
Ruiz-Gimenez, Managing Member of its Manager |
|
|
|
|
ATW
Partners Opportunities Management, LLC |
|
|
|
|
By: |
/s/
Antonio Ruiz-Gimenez |
|
|
Antonio
Ruiz-Gimenez, Managing Member |
|
|
|
|
Antonio
Ruiz-Gimenez |
|
|
|
|
By: |
/s/
Antonio Ruiz-Gimenez |
|
|
Individually |
|
|
|
|
Kerry
Propper |
|
|
|
|
By: |
/s/
Kerry Propper |
|
|
Individually |
Freight Technologies (NASDAQ:FRGT)
過去 株価チャート
から 10 2024 まで 11 2024
Freight Technologies (NASDAQ:FRGT)
過去 株価チャート
から 11 2023 まで 11 2024