EFDID: 165607EFD: Raw Data

Issuer: DroneShield Ltd (0001671541) - D/A

Accession: 0001671541-16-000004 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Jun. 8, 2016
EFD Posted: Jun. 8, 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 > c/o DroneShield Ltd. </ street1 >
  < street2 > SUITE 25, 145 STIRLING HIGHWAY </ street2 >
  < city > Nedlands </ city >
  < stateOrCountry > C3 </ stateOrCountry >
  < stateOrCountryDescription > AUSTRALIA </ stateOrCountryDescription >
  < zipCode > WA 6009 </ 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 > 0001671541-16-000003 </ previousAccessionNumber >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2016-05-11 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > false </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isEquityType > true </ isEquityType >
  < isOptionToAcquireType > true </ isOptionToAcquireType >
  < isSecurityToBeAcquiredType > true </ isSecurityToBeAcquiredType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 1472 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > KJM Securities, Inc. </ recipientName >
  < recipientCRDNumber > 20277 </ recipientCRDNumber >
  < associatedBDName > KJM Securities, Inc. </ associatedBDName >
  < associatedBDCRDNumber > 20277 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 48 Sagamore Road </ street1 >
  < street2 > Suite 29 </ street2 >
  < city > Bronxville </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 10708-1534 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > NJ </ state >
  < description > NEW JERSEY </ description >
  < state > NY </ state >
  < description > NEW YORK </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Neal Berger </ recipientName >
  < recipientCRDNumber > 2079049 </ recipientCRDNumber >
  < associatedBDName > KJM Securities, Inc. </ associatedBDName >
  < associatedBDCRDNumber > 20277 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 48 Sagamore Road </ street1 >
  < street2 > Suite 29 </ street2 >
  < city > Bronxville </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 10708-1534 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > NJ </ state >
  < description > NEW JERSEY </ description >
  < state > NY </ state >
  < description > NEW YORK </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > 5153120 </ totalOfferingAmount >
  < totalAmountSold > 3091872 </ totalAmountSold >
  < totalRemaining > 2061248 </ totalRemaining >
  < clarificationOfResponse > USD$5,153,120=max off amt of AUD$7mil;USD$3,091,872=tot.amt sold in US of AUD$4.2mil.Offering also includes options to buy AUD$7.7mil(USD$5,668,432) of shares at AUD$0.22/sh, AUD$4.62mil(USD$3,401,059) sold in US(based on 5/11/16 AUD/USD exchange rate). </ clarificationOfResponse >
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 9 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 154593 </ dollarAmount >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse > KJM Securities, Inc. is entitled to a commission of 5.0%, based on the subscription amount of securities sold which it solicits. The commissions specified above are with respect to amounts sold to date. </ clarificationOfResponse >
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 571000 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ grossProceedsUsed >
  < clarificationOfResponse > The amounts are solely for executive officers' and directors' compensation over a 12 month period, assuming the maximum offering of AUD $7,000,000. </ 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 > 2016-06-08 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Jun. 8, 2016
EFD Posted: Jun. 8, 2016