UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

Rennova Health, Inc.

 

(Name of Issuer)

 

Common Stock, $.01 par value

 

(Title of Class of Securities)

 

759757 10 7

 

(CUSIP Number)

 

Steven Sramowicz

400 South Australian Avenue, 8th Floor

West Palm Beach, Florida 33401

(561) 855-1626

 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

May 2, 2016

 

(Date of Event which Requires Filing of This Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box o.

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

*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 disclosure provided in a prior cover page.

 

The information required on 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).

 

   
 

 

CUSIP No. 759757 10 7   Page 1 of 3

 

 

1.

Names of Reporting Persons

Steven Sramowicz

2.

Check the Appropriate Box if a Member of a Group

(a)        

(b)        

3. SEC Use Only
4.

Source of Funds (See Instructions)

OO

5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)      o
6. Citizenship or Place of Organization

United States

Number Of
Shares
Beneficially
Owned By
Each
Reporting
Person

With

7.

Sole Voting Power

3,855,659

 

 
8.

Shared Voting Power

-0-

 

 
9.

Sole Dispositive Power

3,855,659

 

 
10.

Shared Dispositive Power

-0-

 

 
11.

Aggregate Amount Beneficially Owned by Each Reporting Person

3,855,659

12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) x
13.

Percent of Class Represented by Amount in Row (11)

23.0%

14.

Type of Reporting Person

IN

         

 

 
 

 

CUSIP No. 759757 10 7   Page 2 of 3

 

Item 1.          Security and Issuer

 

This Amendment No. 1 to Schedule 13D amends the Statement on Schedule 13D, dated November 2, 2015, with respect to the Common Stock, $0.01 par value per share (the "Shares"), of Rennova Health, Inc., a Delaware corporation (the "Issuer"), filed by Steven Sramowicz. Except as expressly amended below, the Schedule 13D, dated November 2, 2015, remains in effect.

 

 

Item 3.          Source and Amount of Funds or Other Consideration

 

Item 3 is hereby amended to include the following:

 

This Amendment No. 1 to Schedule 13D is being filed to report the grant to Mr. Sramowicz on May 2, 2016 of an aggregate 2,000,000 options to purchase a like number of Shares of the Issuer. With respect to such options, 1,000,000 options are currently exercisable through December 31, 2017, at an exercise price of $5.00 per Share, and 1,000,000 options are currently exercisable through December 31, 2022, at an exercise price of $10.00 per Share.

 

Item 5.          Interest in Securities of the Issuer

 

Item 5 is hereby amended to include the following:

 

As of May 2, 2016, Mr. Sramowicz may be deemed to beneficially own 3,855,659 Shares (or approximately 23.0% of the total number of Shares outstanding), which consists of (i) 1,855,659 Shares and (ii) 2,000,000 stock options owned of record by Mr. Sramowicz, as described in Item 3. above, to purchase a like number of Shares; as to which Mr. Sramowicz has sole dispositive and voting power. Such Shares do not include 1,000 shares of the Issuer's Series B Convertible Preferred Stock, owned of record by Mr. Sramowicz.

 

 

 
 

 

CUSIP No. 759757 10 7   Page 3 of 3

 

 

SIGNATURES

 

 

 

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.

 

 

January 31, 2017  /s/ Steven Sramowicz
Steven Sramowicz