Form D Raw Data - Electronic Filing Depository

EFDID: 163008EFD: Raw Data

Issuer: DroneShield Ltd (0001671541) - D/A

Accession: 0001671541-16-000002 () (EDGAR Files) (Form D)

Edgar Posted: Apr. 15, 2016
EFD Posted: Apr. 15, 2016

- < edgarSubmission >

< schemaVersion > X0707 </ schemaVersion >

< submissionType > D/A </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0001671541 </ cik >

< entityName > DroneShield Ltd </ entityName >

- < issuerAddress >

< street1 > SUITE 25, 145 STIRLING HIGHWAY </ street1 >

< city > NEDLANDS </ city >

< stateOrCountry > C3 </ stateOrCountry >

< stateOrCountryDescription > AUSTRALIA </ stateOrCountryDescription >

< zipCode > WA 6009 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > 61 401 212 159 </ issuerPhoneNumber >

< jurisdictionOfInc > AUSTRALIA </ jurisdictionOfInc >

- < issuerPreviousNameList >

< value > None </ value >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Corporation </ entityType >

- < yearOfInc >

< withinFiveYears > true </ withinFiveYears >

< value > 2015 </ value >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Peter </ firstName >

< lastName > James </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 25 Bogota Ave. </ street1 >

< city > Cremorne Point </ city >

< stateOrCountry > C3 </ stateOrCountry >

< stateOrCountryDescription > AUSTRALIA </ stateOrCountryDescription >

< zipCode > NSW 2090 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Samantha </ firstName >

< lastName > Ravich </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 4521 Park Road </ street1 >

< city > Alexandria </ city >

< stateOrCountry > VA </ stateOrCountry >

< stateOrCountryDescription > VIRGINIA </ stateOrCountryDescription >

< zipCode > 22312 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Winton </ firstName >

< lastName > Willesee </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > Suite 25, 145 Stirling Highway </ street1 >

< city > Nedlands </ city >

< stateOrCountry > C3 </ stateOrCountry >

< stateOrCountryDescription > AUSTRALIA </ stateOrCountryDescription >

< zipCode > WA 6009 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > James </ firstName >

< lastName > Walker </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 14 Invergowrie Close </ street1 >

< city > West Pennant Hills </ city >

< stateOrCountry > C3 </ stateOrCountry >

< stateOrCountryDescription > AUSTRALIA </ stateOrCountryDescription >

< zipCode > NSW 2125 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Director and Chief Executive Officer of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > N/A </ firstName >

< lastName > Droneshield LLC </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 590 Herndon Parkway </ street1 >

< street2 > Suite 300 </ street2 >

< city > Herndon </ city >

< stateOrCountry > VA </ stateOrCountry >

< stateOrCountryDescription > VIRGINIA </ stateOrCountryDescription >

< zipCode > 20170 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > N/A </ firstName >

< lastName > Bergen Asset Management, LLC </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 1450 Broadway, 36th Floor </ street1 >

< city > New York </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10018 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Eugene </ firstName >

< lastName > Tablis </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > c/o Bergen Asset Management, LLC </ street1 >

< street2 > 1450 Broadway, 36th Floor </ street2 >

< city > New York </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10018 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Chief Investment Officer and Managing Director of Bergen Asset Management, LLC </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Oleg </ firstName >

< lastName > Vornik </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 6/14 Chester Street </ street1 >

< city > Woollahra </ city >

< stateOrCountry > C3 </ stateOrCountry >

< stateOrCountryDescription > AUSTRALIA </ stateOrCountryDescription >

< zipCode > NSW 2025 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Chief Financial Officer of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > N/A </ firstName >

< lastName > Long Hill Capital LLC </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 1450 Broadway, 36th Floor </ street1 >

< city > New York </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10018 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Other Technology </ industryGroupType >

</ industryGroup >

- < issuerSize >

< revenueRange > Decline to Disclose </ revenueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06b </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > true </ isAmendment >

< previousAccessionNumber > 0001671541-16-000001 </ previousAccessionNumber >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2016-04-01 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > false </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isEquityType > true </ isEquityType >

< isOtherType > true </ isOtherType >

< descriptionOfOtherType > Right (earn-out) </ descriptionOfOtherType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > true </ isBusinessCombinationTransaction >

< clarificationOfResponse > Equity-for-equity exchange. </ clarificationOfResponse >

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >

< salesCompensationList />

- < offeringSalesAmounts >

< totalOfferingAmount > 22040000 </ totalOfferingAmount >

< totalAmountSold > 22040000 </ totalAmountSold >

< totalRemaining > 0 </ totalRemaining >

< clarificationOfResponse > $15,200,000 USD is the estimated value of equity to be issued in exchange for target equity, and reflecting earn-out rights totaling a maximum of $6,840,000 USD, in each case based on the Australian dollar exchange rate on April 1, 2016. </ clarificationOfResponse >

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 7 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 0 </ dollarAmount >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse />

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 0 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse > No proceeds; equity-for-equity exchange. </ clarificationOfResponse >

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > DroneShield Ltd </ issuerName >

< signatureName > /s/ Oleg Vornik </ signatureName >

< nameOfSigner > Oleg Vornik </ nameOfSigner >

< signatureTitle > Chief Financial Officer </ signatureTitle >

< signatureDate > 2016-04-15 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >