MAINZ BIOMED N.V.
97.40%
477,000,000
1874252
Apr 21, 2026
Apr 28, 2026, 05:29 PM
Reporting Persons (1)
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Lazar David E. | Individual | 97.40% | 477,000,000 | 477,000,000 | 0 |
Disclosure Items (7)
Ordinary Shares, (euro)0.01 nominal value
MAINZ BIOMED N.V.
ROBERT KOCH STRASSE 50, 55129, MAINZ, 2M, 55129
This statement is filed by David Elliot Lazar (the "Reporting Person").
The principal business address of the Reporting Person is 44, Tower 100, The Towers, Winston Churchill, San Francisco, Paitilla, Panama City, Panama 07196.
The Reporting Person is a private investor.
The Reporting Person has not, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
The Reporting Person is a citizen of Portugal and Israel.
The Reporting Person purchased 5,000,000 Preferred Shares (as defined in Item 6 below), which are convertible into an aggregate of 477,000,000 of the Issuer's Ordinary Shares (the "Shares"), with personal funds pursuant to a Securities Purchase Agreement, dated as of February 13, 2026, by and between the Issuer and the Reporting Person (the "SPA") for an aggregate purchase price of $6,000,000. The terms of the SPA and the transaction are described further in Item 6.
The aggregate percentage of Ordinary Shares owned by the Reporting Person is based upon (a) 12,515,336 Ordinary Shares outstanding as of March 25, 2026, as reported in the Issuer's Annual Report on Form 10-K, which was filed with the Securities and Exchange Commission on March 31, 2026, and (b) 477,000,000 Shares issuable to the Reporting Person upon the conversion of the Preferred Shares. As of the close of business on April 22, 2026, following the receipt of Stockholder Approval at the Meeting, the Reporting Person beneficially owned 477,000,000 Shares issuable upon conversion of the Preferred Shares. Percentage: Approximately 97.4%
1. Sole power to vote or direct vote: 477,000,000 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 477,000,000 4. Shared power to dispose or direct the disposition: 0
The transactions in the Shares by the Reporting Person during the past sixty days are set forth in more detail in Item 6.
No person other than the Reporting Person is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares.
Not applicable.
On February 13, 2026, the Issuer entered into the SPA with the Reporting Person, pursuant to which the Reporting Person agreed to acquire from the Issuer (i) simultaneous to entering into the SPA (the "First Closing"), 1,000,000 Series A Preferred Shares, 1,000,000 Series B Preferred Shares, and 1,000,000 Series C Preferred Shares (collectively, the "First Closing Shares") for an aggregate purchase price of $3,000,000, and (ii) shortly following the receipt of Stockholder Approval (as defined in the SPA) (the "Second Closing"), 1,000,000 Series D Preferred Shares and 1,000,000 Series E Preferred Shares (collectively, the "Second Closing Shares" and together with the First Closing Shares, the "Preferred Shares") for an aggregate purchase price of $3,000,000. The First Closing occurred on February 13, 2026, and the Second Closing occurred promptly after the Meeting on April 22, 2026 at which the Issuer obtained Stockholder Approval. Each Series A, Series B, and Series C Preferred Share is convertible into 9 Ordinary Shares, and each Series D and Series E Preferred Share is convertible into 225 Ordinary Shares. Following the receipt of Stockholder Approval at the Meeting, all Preferred Shares are now fully convertible at the option of the holder for no further consideration. Under the applicable Nasdaq Stock Market ("Nasdaq") rules and the SPA, prior to Stockholder Approval, the First Closing Shares were not convertible into Ordinary Shares at the time of the SPA. At the Meeting on April 22, 2026, the Issuer's shareholders approved (a) an increase in the Issuer's authorized ordinary shares to 900,000,000, (b) the conversion of all Preferred Shares into Ordinary Shares in compliance with the rules and regulations of Nasdaq, (c) a reverse stock split, (d) the appointment of the Reporting Person as an executive director and Chief Executive Officer, and (e) certain other matters required under the SPA. The SPA contains customary representations, warranties and agreements of the Issuer and the Reporting Person, limitations, and conditions regarding sales of the Ordinary Shares, indemnification rights and other obligations of the parties. The SPA also contains certain covenants that the Issuer was obligated to comply with, including holding a shareholders' meeting for purposes of obtaining Stockholder Approval, which was obtained at the April 22, 2026 Meeting. Pursuant to the SPA, immediately prior to the execution of the SPA, the Reporting Person was appointed as a temporary non-executive director and Chair of the Board of Directors of the Issuer. However, at the April 22, 2026 Meeting, the Issuer's shareholders approved the appointment of the Reporting Person as an executive director and Chief Executive Officer. In addition, certain of the Reporting Person's designees were voted onto the Board of Directors by the Issuer's shareholders. At the Meeting, the Issuer obtained Stockholder Approval for all proposals set forth in the Issuer's Definitive Proxy Statement, including the conversion of all Preferred Shares into Ordinary Shares. As a result, all ownership limitations on conversion of the Preferred Shares were removed. Following the Meeting, the Second Closing occurred, at which time the Reporting Person acquired 1,000,000 Series D Preferred Shares and 1,000,000 Series E Preferred Shares for an aggregate purchase price of $3,000,000. Following the Meeting and the Second Closing, all 5,000,000 Preferred Shares held by the Reporting Person are now fully convertible into an aggregate of 477,000,000 Ordinary Shares at the option of the Reporting Person. The foregoing description of the SPA does not purport to be complete and is qualified in its entirety by reference to the SPA, which is filed as an exhibit to this Schedule 13D, and is incorporated by reference herein.
99.1 Securities Purchase Agreement, dated as of February 13, 2026, by and between the Issuer and David Lazar (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed by Mainz Biomed N.V. on February 17, 2026). https://www.sec.gov/Archives/edgar/data/1874252/000121390026016890/ea027724601ex10-1_mainz.htm