UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
| ENTERA BIO LTD. |
| (Name of Issuer) |
|
Ordinary Shares, nominal value of NIS 0.0000769 |
(Title of Class of Securities)
|
| M40527109 |
(CUSIP Number)
|
| December 31, 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:
¨ Rule 13d-1(b)
¨ Rule 13d-1(c)
x 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 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).
SCHEDULE 13G
| CUSIP No. | M40527109 |
Introductory Note: This Schedule 13G is filed on behalf of Centillion Fund, Inc. a corporation organized under the laws of Saint Lucia, in respect of ordinary shares of Entera Bio Ltd.
| 1 | Names of Reporting Persons |
|
CENTILLION FUND, INC. | |
| 2 | Check the appropriate box if a member of a Group (see instructions) |
|
(a) ¨ | |
| 3 | Sec Use Only |
| |
| 4 | Citizenship or Place of Organization |
|
SAINT LUCIA |
|
Number of Shares Beneficially Owned by Each Reporting Person With: |
5 | Sole Voting Power |
|
2,192,0601 | ||
| 6 | Shared Voting Power | |
|
0 | ||
| 7 | Sole Dispositive Power | |
|
2,192,0601 | ||
| 8 |
Shared Dispositive Power
0 |
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person |
|
2,192,0601 | |
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions) |
|
¨ | |
| 11 | Percent of class represented by amount in row (9) |
|
17.6% | |
| 12 | Type of Reporting Person (See Instructions) |
|
CO |
1 Consists of (i) 1,131,130 ordinary shares, (ii) warrants to purchase 652,600 ordinary shares which had been issued to Centillion as of August 15, 2018, (iii) 271,180 ordinary shares and a warrant to purchase 67,730 ordinary shares, which shares can be acquired by Centillion at any time until July 20, 2019 pursuant to the terms of Issuer's Series A preferred shares purchase agreement, and (iv) 55,510 ordinary shares and a warrant to purchase 13,910 ordinary shares which shares can be acquired by Centillion at any time until July 20, 2019 pursuant to Issuer's current Articles.
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|
| (a) | Name of Issuer: Entera Bio Ltd |
| (b) | Address of Issuer’s Principal Executive Offices: |
Kiryat Hadassah Minrav Building - Fifth Floor, Jerusalem 9112002 Israel
| Item 2. |
| (a) | Name of Person Filing: Centillion Fund, Inc. |
| (b) | Address of Principal Business Office or, if None, Residence: |
#10 Manoel Street, Castries, Saint Lucia LC04 101
| (c) | Citizenship: Saint Lucia |
| (d) | Title and Class of Securities: Ordinary Shares, par value NIS 0.0000769 per share |
| (e) | CUSIP No.: M40527109 |
| 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: |
| (a) | ¨ | Broker or dealer registered under Section 15 of the Act;
| |
| (b) | ¨ | Bank as defined in Section 3(a)(6) of the Act;
| |
| (c) | ¨ | Insurance company as defined in Section 3(a)(19) of the Act;
| |
| (d) | ¨ | Investment company registered under Section 8 of the Investment Company Act of 1940;
| |
| (e) | ¨ | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
| |
| (f) | ¨ | An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
| |
| (g) | ¨ | A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
| |
| (h) | ¨ | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
| |
| (i) | ¨ | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
| |
| (j) | ¨ | A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
| |
| (k) | ¨ | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____
| |
| (l) | x | Not applicable. |
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| Item 4. | Ownership |
| (a) | Amount Beneficially Owned: 2,192,060 |
| (b) | Percent of Class: 17.6% |
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote: 2,192,060 |
| (ii) | Shared power to vote or to direct the vote: 0 |
| (iii) | Sole power to dispose or to direct the disposition of: 2,192,060 |
| (iv) | Shared power to dispose or to direct the disposition of: 0 |
| (v) | Amount beneficially owned: 2,192,060 |
| 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 ¨.
| Item 6. | Ownership of more than Five Percent on Behalf of Another Person. Not applicable. |
| Item 7. | Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person. |
Not applicable.
| Item 8. | Identification and classification of members of the group. |
Not applicable.
| Item 9. | Notice of Dissolution of Group. |
Not applicable.
| Item 10. | Certifications. |
Not applicable.
SIGNATURE
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: April 10, 2019
/s/ Evan Hermiston
Evan Hermiston
Director
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 this 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.
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).
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