UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)*

 

Evolus, Inc.

(Name of Issuer)

 

Common stock, par value $0.00001 per share

(Title of Class of Securities)

 

30052C107

(CUSIP Number)

 

December 31, 2022

(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(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 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).

 

 

 

 

CUSIP No. 30052C107 Schedule 13G Page 2 of 5

 

1

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Medytox Inc. 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐
(b) ☐
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Korea

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 5 SOLE VOTING POWER

7,296,543 (1)
6 SHARED VOTING POWER

0
7 SOLE DISPOSITIVE POWER

7,296,543 (1)
8 SHARED DISPOSITIVE POWER

0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,296,543 (1)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

12.97% (2)
12

TYPE OF REPORTING PERSON

 


CO 
           
(1) Consists of 37,043 shares of the Issuer’s Common stock, par value $0.00001 per share (“Common Stock”) held of record by Medytox Korea Co., Ltd., a wholly-owned subsidiary of the Reporting Person.
(2) Based on a total of 56,246,570 shares of Common Stock outstanding as of November 4, 2022, as reported in the Issuer’s Quarterly Report Form 10-Q filed on November 8, 2022.

 

 

 

 

CUSIP No. 30052C107 Schedule 13G Page 3 of 5

 

Item 1(a). Name of Issuer:

Evolus, Inc., a Delaware corporation (the “Issuer”)

 

Item 1(b). Address of Issuer’s Principal Executive Offices:

520 Newport Center Drive, Suite 1200

Newport Beach, CA 92660

 

Item 2(a). Name of Person Filing:

Medytox Inc.

 

Items 2(b). Address of Principal Business Office or, if none, Residence:

Medytox Inc.

78 Gangni 1-gil Ochang-eup

Cheongwon-gu Cheongju-si

Chungcheongbuk-do 28126

Republic of Korea

 

Items 2(c). Citizenship:

Medytox Inc. is a company organized under the laws of the Republic of Korea.

 

Item 2(d). Title of Class of Securities:

Common stock, par value $0.00001 per share

 

Item 2(e).

CUSIP NUMBER:

30052C107

 

Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

Not Applicable.

 

Item 4. Ownership.

 

  (a)

Amount beneficially owned:

Medytox Inc. - 7,296,543

 

  (b)

Percent of Class:

12.97%

 

  (c) Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote:

7,296,543

 

  (ii)

Shared power to vote or to direct the vote:

0

 

  (iii)

Sole power to dispose or to direct the disposition of:

7,296,543

 

  (iv)

Shared power to dispose or to direct the disposition of:

0

 

 

 

 

CUSIP No. 30052C107 Schedule 13G Page 4 of 5

 

Item 5. Ownership of 5 Percent or Less of a Class.

Not applicable.

 

Item 6. Ownership of More than 5 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.

Medytox Korea Co., Ltd.

 

Item 8. Identification and Classification of Members of the Group.

Not applicable.

 

Item 9. Notice of Dissolution of Group.

Not applicable.

 

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 not held in connection with or as a participant in any transaction having that purpose or effect, other than in connection with a nomination under §240.14a-11.

 

 

 

 

CUSIP No. 30052C107 Schedule 13G Page 5 of 5

 

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: February 6, 2023

 

  MEDYTOX INC.
   
  By: /s/ Hyunho Jung
  Name:  Hyunho Jung
  Title: Chief Executive Officer

 

 

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