<SEC-DOCUMENT>0001171843-23-000889.txt : 20230210
<SEC-HEADER>0001171843-23-000889.hdr.sgml : 20230210
<ACCEPTANCE-DATETIME>20230210122042
ACCESSION NUMBER:		0001171843-23-000889
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20230210
DATE AS OF CHANGE:		20230210

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			XBiotech Inc.
		CENTRAL INDEX KEY:			0001626878
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-88810
		FILM NUMBER:		23609786

	BUSINESS ADDRESS:	
		STREET 1:		5217 WINNEBAGO LANE
		STREET 2:		BUILDING 4, SUITE 100
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78744
		BUSINESS PHONE:		512-386-2900

	MAIL ADDRESS:	
		STREET 1:		5217 WINNEBAGO LANE
		STREET 2:		BUILDING 4, SUITE 100
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78744

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GUT THOMAS
		CENTRAL INDEX KEY:			0001640283

	FILING VALUES:
		FORM TYPE:		SC 13G

	MAIL ADDRESS:	
		STREET 1:		CO LINDENBERG FAMILY OFFICE LTD
		STREET 2:		LATERNENGASSE 5
		CITY:			ZURICH
		STATE:			V8
		ZIP:			8001
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>sc13g_021023.htm
<DESCRIPTION>SC 13G
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
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<BODY>


<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><B>UNITED STATES</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><B>Washington, D.C. 20549</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><B>SCHEDULE 13G</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">Under the Securities Exchange Act of 1934</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font-size: 10pt; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border-bottom: black 1pt solid; font-size: 10pt; text-align: center"><B>XBIOTECH INC.</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center">(Name of Issuer)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt; text-align: center"><B>Common Shares, no par value</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center">(Title of Class of Securities)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt; text-align: center"><B>98400H102</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center">(CUSIP Number)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt; text-align: center"><B>December 31, 2022</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center">(Date of Event which Requires Filing of this Statement)</TD></TR>
  </TABLE>
<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-indent: 27.5pt; margin: 0pt 0">[_] Rule 13d-1(b)</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-indent: 27.5pt; margin: 0pt 0">[_] Rule 13d-1(c)</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-indent: 27.5pt; margin: 0pt 0">[x] Rule 13d-1(d)</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><SUP>1</SUP></FONT>The remainder of this
cover page shall be filled out for a reporting person&rsquo;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.</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">The information required in the remainder of this cover page shall not
be deemed to be &ldquo;filed&rdquo; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&ldquo;Act&rdquo;) 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 <I>Notes</I>).</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font-size: 10pt; margin: 0pt 0"></P>

<P STYLE="font-size: 10pt; margin: 0pt 0"></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><B>SCHEDULE 13G</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font-size: 10pt; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font-size: 10pt"><B>CUSIP No.</B></TD>
    <TD STYLE="width: 19%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font-size: 10pt"><B>98400H102</B></TD>
    <TD STYLE="width: 52%; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD STYLE="border-top: Black 1pt solid; border-right: black 1pt solid; border-left: Black 1pt solid; text-align: center"><B>1</B></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-top: Black 1pt solid; border-right: black 1pt solid"><B>Names of Reporting Persons</B></TD></TR>
  <TR>
    <TD STYLE="text-align: center; width: 15%; border-left: Black 1pt solid; border-bottom: black 1pt solid; border-right: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 15%">Thomas Gut</TD>
    <TD STYLE="width: 70%; border-right: Black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-left: Black 1pt solid; text-align: center"><B>2</B></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-top: Black 1pt solid; border-right: black 1pt solid; border-left: Black 1pt solid"><B>Check the appropriate box if a member of a Group (see instructions)</B></TD></TR>
  <TR>
    <TD STYLE="text-align: center; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-indent: 10pt">(a)&nbsp;&nbsp;[ ]</TD>
    <TD STYLE="border-right: Black 1pt solid; text-indent: 10pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="text-align: center; border-right: Black 1pt solid; border-bottom: black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-indent: 10pt">(b)&nbsp;&nbsp;[ ]</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-indent: 10pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-right: black 1pt solid; border-left: Black 1pt solid; text-align: center"><B>3</B></TD>
    <TD><B>Sec Use Only</B></TD>
    <TD STYLE="border-right: Black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="text-align: center; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-right: black 1pt solid; border-left: Black 1pt solid; text-align: center"><B>4</B></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-right: black 1pt solid"><B>Citizenship or Place of Organization</B></TD></TR>
  <TR>
    <TD STYLE="text-align: center; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD>
    <TD>Switzerland</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="8" STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; border-left: Black 1pt solid; text-align: center"><B>Number of Shares Beneficially Owned by Each Reporting Person With:</B></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; text-align: center"><B>5</B></TD>
    <TD STYLE="border-right: Black 1pt solid"><B>Sole Voting Power</B></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid">3,914,111</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; text-align: center"><B>6</B></TD>
    <TD STYLE="border-right: Black 1pt solid"><B>Shared Voting Power</B></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; text-align: center"><B>7</B></TD>
    <TD STYLE="border-right: Black 1pt solid"><B>Sole Dispositive Power</B></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid">3,914,111</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; text-align: center"><B>8</B></TD>
    <TD STYLE="border-right: Black 1pt solid"><B>Shared Dispositive Power</B></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-right: black 1pt solid; border-left: Black 1pt solid; text-align: center"><B>9</B></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-right: black 1pt solid"><B>Aggregate Amount Beneficially Owned by Each Reporting Person</B></TD></TR>
  <TR>
    <TD STYLE="text-align: center; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">3,914,111</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-right: black 1pt solid; border-left: Black 1pt solid; text-align: center"><B>10</B></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-right: black 1pt solid"><B>Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)</B></TD></TR>
  <TR>
    <TD STYLE="text-align: center; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">[ ]</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-right: black 1pt solid; border-left: Black 1pt solid; text-align: center"><B>11</B></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-right: black 1pt solid"><B>Percent of class represented by amount in row (9)</B></TD></TR>
  <TR>
    <TD STYLE="text-align: center; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">12.86%</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-right: Black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-right: black 1pt solid; border-left: Black 1pt solid; text-align: center"><B>12</B></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: black 1pt solid"><B>Type of Reporting Person (See Instructions)</B></TD></TR>
  <TR>
    <TD STYLE="text-align: center; border-right: black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">IN</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0"></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt"></P>

<P STYLE="font-size: 10pt; margin: 0pt 0"><P STYLE="margin: 0pt 0; font-size: 10pt"></P>

<P STYLE="margin: 0pt 0; font-size: 10pt"><B>Item 1.</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><B>(a)</B></TD>
    <TD STYLE="width: 92%; text-align: justify"><B>Name of Issuer:</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">XBiotech Inc.</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 0.5in; font-size: 10pt">&nbsp;</P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 0.5in; font-size: 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><B>(b)</B></TD>
    <TD STYLE="width: 92%; text-align: justify"><B>Address of Issuer&rsquo;s Principal Executive Offices:</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">5217 Winnebago Ln, Austin, TX 78744</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0; font-size: 10pt"></P>

<P STYLE="margin: 0pt 0; font-size: 10pt"><B>Item 2.</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><B>(a)</B></TD>
    <TD STYLE="width: 92%"><B>Name of Person Filing:</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Thomas Gut</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 0.5in; font-size: 10pt">&nbsp;</P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 0.5in; font-size: 10pt; text-indent: 0.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><B>(b)</B></TD>
    <TD STYLE="width: 92%"><B>Address of Principal Business Office or, if None, Residence:</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><P STYLE="margin-top: 0; margin-bottom: 0">Thomas Gut</P>
        <P STYLE="margin-top: 0; margin-bottom: 0">c/o Lindenberg Family Office Ltd.</P>
        <P STYLE="margin-top: 0; margin-bottom: 0">Laternengasse 5</P>
        <P STYLE="margin-top: 0; margin-bottom: 0">8001 Zurich, Switzerland</P></TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 63.5pt; font-size: 10pt"><B>&nbsp;</B></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 99.5pt; font-size: 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><B>(c)</B></TD>
    <TD STYLE="width: 92%"><B>Citizenship:</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Switzerland</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 0.5in; font-size: 10pt"></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 0.5in; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><B>(d)</B></TD>
    <TD STYLE="width: 92%; text-align: justify"><B>Title and Class of Securities:</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Common Shares, no par value</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 63.5pt; font-size: 10pt; text-align: justify"></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 63.5pt; font-size: 10pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><B>(e)</B></TD>
    <TD STYLE="width: 92%; text-align: justify"><B>CUSIP No.:</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">98400H102</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 27.5pt; font-size: 10pt; text-align: justify"></P>

<P STYLE="margin: 0pt 0 0pt 27.5pt; font-size: 10pt; text-align: justify; text-indent: 0.25in"></P>

<P STYLE="margin: 0pt 0 0pt 27.5pt; font-size: 10pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%"><B>Item 3.</B></TD>
    <TD STYLE="width: 92%"><B>If this statement is filed pursuant to &sect;&sect; 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Not Applicable</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 41.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 41.8pt; font-size: 10pt; text-indent: -41.8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%"><B>Item 4.</B></TD>
    <TD STYLE="width: 92%"><B>Ownership</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>As of December 31, 2022</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0; font-size: 10pt; text-indent: 27.5pt"></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-indent: 27.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><B>(a)</B></TD>
    <TD STYLE="width: 92%; text-align: justify"><B>Amount Beneficially Owned:</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">3,914,111 shares</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-align: justify"></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><B>(b)</B></TD>
    <TD STYLE="width: 92%; text-align: justify"><B>Percent of Class:</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">12.86% Based upon 30,439,275 shares outstanding as of December 31, 2022.</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-align: justify"></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%; text-align: justify"><B>(c)</B></TD>
    <TD STYLE="width: 92%; text-align: justify"><B>Number of shares as to which such person has:</B></TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0pt 0 0pt 41.8pt; font-size: 10pt; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 5%; text-align: justify"><B>(i)</B></TD>
    <TD STYLE="width: 90%; text-align: justify"><B>Sole power to vote or to direct the vote:</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">3,914,111 shares</TD></TR></TABLE>

<P STYLE="margin: 0pt 0; font-size: 10pt"><B>&nbsp;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="margin: 0pt 0; font-size: 10pt"><B></B></P>



<P STYLE="margin: 0pt 0; font-size: 10pt"><B></B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt"><P STYLE="margin: 0pt 0 0pt 1in; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 5%">
    <P STYLE="margin: 0pt 0; font-size: 10pt"><B></B></P>
    <P STYLE="margin: 0pt 0; font-size: 10pt"><B>(ii)</B></P></TD>
    <TD STYLE="width: 90%">
    <P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>
    <P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>Shared power to vote or to direct the vote:</B></P></TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<P STYLE="margin: 0pt 0 0pt 1in; font-size: 10pt; text-align: justify; text-indent: 70.4pt">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 5%"><B>(iii)</B></TD>
    <TD STYLE="width: 90%; text-align: justify"><B>Sole power to dispose or to direct the disposition of:</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">3,914,111 shares</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 1in; font-size: 10pt; text-align: justify; text-indent: 70.4pt">&nbsp;</P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 1in; font-size: 10pt; text-align: justify; text-indent: 70.4pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 5%"><B>(iv)</B></TD>
    <TD STYLE="width: 90%; text-align: justify"><B>Shared power to dispose or to direct the disposition of:</B></TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 0.5in; font-size: 10pt; text-align: justify; text-indent: 70.4pt">&nbsp;</P>

<P STYLE="margin: 0pt 0 0pt 0.5in; font-size: 10pt; text-align: justify; text-indent: 70.4pt"></P>

<P STYLE="margin: 0pt 0 0pt 0.5in; font-size: 10pt; text-align: justify; text-indent: 70.4pt">&nbsp;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 70.4pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%"><B>Item 5.</B></TD>
    <TD STYLE="width: 92%"><B>Ownership of Five Percent or Less of a Class.</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Not Applicable</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 27.5pt; font-size: 10pt; text-align: justify; text-indent: 13.2pt"></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 27.5pt; font-size: 10pt; text-align: justify; text-indent: 13.2pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%"><B>Item 6.</B></TD>
    <TD STYLE="width: 92%"><B>Ownership of more than Five Percent on Behalf of Another Person.</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Not Applicable</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 41.8pt; font-size: 10pt">&nbsp;</P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 41.8pt; font-size: 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%"><B>Item 7.</B></TD>
    <TD STYLE="width: 92%; text-align: justify"><B>Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person.</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Not Applicable</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 41.8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%"><B>Item 8.</B></TD>
    <TD STYLE="width: 92%"><B>Identification and classification of members of the group.</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Not Applicable</TD></TR>
  </TABLE>
<P STYLE="margin: 0pt 0 0pt 41.8pt; font-size: 10pt"></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"></P>

<P STYLE="margin: 0pt 0 0pt 41.8pt; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%"><B>Item 9.</B></TD>
    <TD STYLE="width: 92%"><B>Notice of Dissolution of Group.</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Not Applicable</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin: 0pt 0 0pt 77.8pt; font-size: 10pt; text-indent: -41.8pt"> </P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%"><B>Item 10.</B></TD>
    <TD STYLE="width: 92%"><B>Certifications.</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Not Applicable</TD></TR></TABLE>

<P STYLE="margin: 0pt 0; font-size: 10pt"><B>&nbsp;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt"></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt"><B>&nbsp;</B></P>



<P STYLE="margin: 0pt 0; font-size: 10pt"></P>

<P STYLE="font-size: 10pt; text-align: center; text-indent: 27.5pt; margin: 0pt 0"><B>SIGNATURE</B></P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">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.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">Dated:&nbsp;&nbsp;February 10, 2023</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0"><I><U>/s/ Thomas Gut</U></I></P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">Thomas Gut</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>


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