Microbot Medical Inc. — Major Shareholding Notification 2021

Jan 20, 2021

SC 13G 1 formsc13g.htm

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. ___)*

| Microbot
Medical Inc. |
| --- |
| (Name
of Issuer) |
| Common
Stock |
| (Title
of Class of Securities) |
| 59503A204 |
| (CUSIP
Number) |
| 01/01/2021 |
| (Date
of Event which Requires Filing of this Statement) |

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

| [X]
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 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 ).

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SCHEDULE 13G

CUSIP No. 59503A204

| 1 | Names of Reporting
Persons |
| --- | --- |
| | Chasing Value Asset
Management Inc. (TIN: 27-4574274) |
| 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 |
| | California |

Number of Shares Beneficially Owned by Each Reporting Person With:	Sole Voting Power
	207,000
6	Shared Voting Power
	0
7	Sole Dispositive Power
	610,657
8	Shared Dispositive Power
	0

9	Aggregate Amount Beneficially Owned by Each Reporting Person
	610,657
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)
	8.6%
12	Type of Reporting Person (See Instructions)
	IA

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Item 1.

| (a) | Name
of Issuer: |
| --- | --- |
| | Microbot
Medical Inc. |
| (b) | Address
of Issuer’s Principal Executive Offices: |
| | 25
Recreation Park Drive, Unit 108 |
| | Hingham,
MA 02043 |

Item 2.

| (a) | Name
of Person Filing: |
| --- | --- |
| | Chasing
Value Asset Management, Inc. |
| (b) | Address
of Principal Business Office or, if None, Residence: |
| | 2444
Wilshire Boulevard, Suite 300 |
| | Santa
Monica, California 90403 |
| (c) | Citizenship: |
| | California,
USA |
| (d) | Title
and Class of Securities: |
| | Common
Stock, par value $0.01 |
| (e) | CUSIP
No.: |

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) | [X] | 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: ____ |

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ITEM 4. Ownership

| (a) | Amount
Beneficially Owned: |
| --- | --- |
| | 610,657 |
| (b) | Percent
of Class: |
| | 8.6% |

(c)
(i)	Sole
power to vote or to direct the vote:
	207,000
(ii)	Shared
power to vote or to direct the vote:
	0
(iii)	Sole
power to dispose or to direct the disposition of:
	610,657
(iv)	Shared
power to dispose or to direct the disposition of:
	0

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.

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 that purpose or effect.

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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: January 20, 2021

Chasing Value Asset Management, Inc.

| By: | /s/
Sheldon D. Liber |
| --- | --- |
| Name: | Sheldon
D. Liber |
| Title: | Chief
Executive Officer |

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