SuperCom Ltd — Major Shareholding Notification 2022

May 17, 2022

SC 13G 1 ea160055-13gsomerstein_super.htm SCHEDULE 13G

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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. __)

SUPERCOM LTD.

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(Name of Issuer)

ORDINARY SHARES

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(Title of Class of Securities)

M87095119

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(CUSIP Number)

May 9, 2022

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(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(c)

• 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).

(Continued on following page(s)

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Page 1 of 5 Pages

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CUSIP No. M87095119 13G Page 2 of 5 Pages

1.	NAMES OF REPORTING PERSON
	S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
	David Somerstein
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
	(a) ☐
	(b) ☐
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION
	USA
5.	SOLE VOTING POWER, NUMBER OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON – 2,000,000 Shares (1)
6.	SHARED VOTING POWER - None
7.	SOLE DISPOSITIVE POWER – 2,000,000 Shares (1)
8.	SHARED DISPOSITIVE POWER – None
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON –
	2,000,000 Shares (1)
10.	CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
	5.591%
12.	TYPE OF REPORTING PERSON
	IN

(1) Based on 35,770,957 Ordinary Shares outstanding as reported in Form 42B5 filed with the Securities and Exchange Commission on February 28, 2022.

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CUSIP No. M87095119 13G Page 3 of 5 Pages

ITEM 1 (a) NAME OF ISSUER: SuperCom Ltd.

ITEM 1 (b) ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:

1 Arie Shenkar Street, Hertzliya, Israel 4672501

ITEM 2 (a) NAME OF PERSON FILING: David Somerstein

ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

68-01 Main Street, Flushing, NY 11367

ITEM 2 (c) CITIZENSHIP: USA

ITEM 2 (d) TITLE OF CLASS OF SECURITIES: Ordinary Shares

ITEM 2 (e) CUSIP NUMBER: M87095119

ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B): Not applicable

ITEM 4 OWNERSHIP

(a) AMOUNT BENEFICIALLY OWNED: 2,000,000 Shares (1)

(b) PERCENT OF CLASS: 5.591%

(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

(i) SOLE POWER TO VOTE OR DIRECT THE VOTE

2,000,000 Shares (1)

(ii) SHARED POWER TO VOTE OR DIRECT THE VOTE

0 Shares

(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

2,000,000 Shares (1)

(iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

0 Shares

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CUSIP No. M87095119 13G Page 4 of 5 Pages

ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

Not applicable

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

Not applicable

ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP

Not applicable

ITEM 9 NOTICE OF DISSOLUTION OF GROUP

Not applicable

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CUSIP No. M87095119 13G Page 5 of 5 Pages

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.

May 16, 2022
(Date)
/s/ David Somerstein
(Signature)
David Somerstein
(Name/Title)

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