SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

Neothetics, Inc.

(Name of Issuer)

 

Common Stock, $0.001 par value per share

(Title of Class of Securities)

 

64066G101

(CUSIP Number)

 

December 31, 2016

(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)
   
x  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 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)

 

 

CUSIP No. 64066G101 13G Page 2  of 12 Pages

 

1 NAMES OF REPORTING PERSON
Alta Partners VIII, L.P.  
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨
  (b) x
3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5 SOLE VOTING POWER

213,017 (a)

6 SHARED VOTING POWER

-0-

7 SOLE DISPOSITIVE
POWER

213,017 (a)

8 SHARED DISPOSITIVE
POWER

-0-

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
213,017 (a)  
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.5% (b)  
12

TYPE OF REPORTING PERSON

PN

 
             

(a) Alta Partners VIII, L.P. (“AP VIII”) has sole voting and dispositive control over 213,017 shares of common stock (“Common Stock”) of Neothetics, Inc. (the “Issuer”), except that Alta Partners Management VIII, LLC (“APM VIII”), the general partner of AP VIII, and Farah Champsi (“Champsi”), Daniel Janney (“Janney”) and Guy Nohra (“Nohra”), managing directors of AP VIII, may be deemed to share dispositive and voting power over such stock. Additional information about AP VIII is set forth in Attachment A hereto.

 

(b) The percentage set forth in row (11) is based on the 13,828,496 outstanding shares of Common Stock as reported in the Issuer’s 10-Q for the quarter ended September 30, 2016 as filed with the Securities and Exchange Commission on November 10, 2016. The information with respect to the shares of Common Stock beneficially owned by the Reporting Person is provided as of December 31, 2016.

 

 

CUSIP No. 64066G101 13G Page 3  of 12 Pages

 

1 NAMES OF REPORTING PERSON
Alta Partners Management VIII, LLC  
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨
  (b) x
3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5 SOLE VOTING POWER

-0-

6 SHARED VOTING POWER

213,017 (c)

7 SOLE DISPOSITIVE
POWER

 -0-

8 SHARED DISPOSITIVE
POWER

213,017 (c)

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
213,017 (c)  
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.5% (b)  
12

TYPE OF REPORTING PERSON

OO

 
(c) APM VIII is the general partner of AP VIII and shares voting and dispositive power over the shares of Common Stock held by AP VIII.
             

 

CUSIP No. 64066G101 13G Page 4  of 12 Pages

 

   
1 NAMES OF REPORTING PERSON
Farah Champsi  
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨
  (b) x
3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

U.S.A.

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5 SOLE VOTING POWER -0-
6 SHARED VOTING POWER 213,017(e)
7 SOLE DISPOSITIVE
POWER
-0-
8 SHARED DISPOSITIVE
POWER
213,017 (e)

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
213,017 (e)  
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.5% (b)  
12

TYPE OF REPORTING PERSON

IN

 

 

(e) Champsi is a managing director of APM VIII and may be deemed to share voting and dispositive control over the 213,017 shares of Common Stock held by AP VIII.

 

 

CUSIP No. 64066G101 13G Page 5  of 12 Pages

   

1 NAMES OF REPORTING PERSON
Daniel Janney  
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨
  (b) x
3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

U.S.A.

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5 SOLE VOTING POWER -0-
6 SHARED VOTING POWER 213,017 (g)
7 SOLE DISPOSITIVE
POWER
-0-
8 SHARED DISPOSITIVE
POWER
213,017 (g)

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
213,017 (g)  
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.5% (b)  
12

TYPE OF REPORTING PERSON

IN

 

 

(g) Janney is a managing director of APM VIII and may be deemed to share voting and dispositive control over the 213,017 shares of Common Stock held by AP VIII.

 

 

CUSIP No. 64066G101 13G Page 6  of 12 Pages

 

1 NAMES OF REPORTING PERSON
Guy Nohra  
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨
  (b) x
3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

U.S.A.

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5 SOLE VOTING POWER -0-
6 SHARED VOTING POWER 213,017 (i)
7 SOLE DISPOSITIVE
POWER
-0-
8 SHARED DISPOSITIVE
POWER
213,017 (i)

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
213,017 (i)  
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.5% (b)  
12

TYPE OF REPORTING PERSON

IN

 

 

(i) Nohra is a managing director of APM VIII and may be deemed to share voting and dispositive control over the 213,017 shares of Common Stock held by AP VIII.

 

 

CUSIP No. 64066G101 13G Page 7  of 12 Pages

 

Item 1.
  (a) Name of Issuer:
Neothetics, Inc. (“Issuer”)
  (b) Address of Issuer’s Principal Executive Offices:
9171 Towne Centre Drive, Suite 270  
San Diego, CA  92122  
 
Item 2.
  (a)

Name of Person Filing:
Alta Partners VIII, L.P. (“APVIII”)

Alta Partners Management VIII, LLC (“APMVIII”)

Guy Nohra (“GN”)

Daniel Janney (“DJ”)

Farah Champsi (“FC”)

  (b)

Address of Principal Business Office:
One Embarcadero Center, Suite 3700

San Francisco, CA 94111

  (c)

Citizenship/Place of Organization:

 

Entities:

APVIII - Delaware

APMVIII - Delaware

 

Individuals:

DJ - United States

GN - United States

FC - United States

  (d) Title of Class of Securities:
Common Stock
  (e) CUSIP Number:
64066G101

 

Item 3. Not applicable.

 

 

CUSIP No. 64066G101 13G Page 8  of 12 Pages

 

Item 4 . Ownership.

 

The following beneficial ownership information is provided as of December 31, 2016.

 

Please see Attachment A

Fund Entities   Shares Held Directly     Sole Voting Power     Shared Voting Power     Sole Dispositive Power     Shared Dispositive Power     Beneficial Ownership     Percentage of Class  
APVIII     213,017       0       213,017       0       213,017       213,017       1.5 %
APMVIII     0       0       213,017       0       213,017       213,017       1.5 %
DJ     0       0       213,017       0       213,017       213,017       1.5 %
GN     0       0       213,017       0       213,017       213,017       1.5 %
FC     0       0       213,017       0       213,017       213,017       1.5 %

 

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

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ý

  

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 the Group

 

No reporting person is a member of a group as defined in Section 240.13d-1(b)(1)(ii)(J) of the Act.

 

Item 9. Notice of Dissolution of Group

 

Not applicable.

 

Item 10. Certification

 

Not applicable.

 

 

CUSIP No. 64066G101 13G Page 9  of 12 Pages

 

EXHIBITS

 

A: Joint Filing Statement

 

 

CUSIP No. 64066G101 13G Page 10  of 12 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.

 

Date: February 8, 2017    

 

 

Alta Partners VIII, L.P.  
By: Alta Partners Management VIII, LLC  
     
     
By: /s/ Daniel Janney  
  Daniel Janney, Managing Director  
     
     
Alta Partners Management VIII, LLC  
     
     
By:    /s/ Daniel Janney  
  Daniel Janney, Managing Director  
     
     
  /s/ Daniel Janney  
  Daniel Janney  
     
     
  /s/ Guy Nohra  
  Guy Nohra  
     
     
  /s/ Farah Champsi  
  Farah Champsi  

 

 

CUSIP No. 64066G101 13G Page 11  of 12 Pages

 

EXHIBIT A

 

AGREEMENT OF JOINT FILING

 

We, the undersigned, hereby express our agreement that the attached Schedule 13G is filed on behalf of us.

 

Date: February 8, 2017    
     

 

Alta Partners VIII, L.P.  
By: Alta Partners Management VIII, LLC  
     
     
By: /s/ Daniel Janney  
  Daniel Janney, Managing Director  
     
     
Alta Partners Management VIII, LLC  
     
     
By:    /s/ Daniel Janney  
  Daniel Janney, Managing Director  
     
     
  /s/ Daniel Janney  
  Daniel Janney  
     
     
  /s/ Guy Nohra  
  Guy Nohra  
     
     
  /s/ Farah Champsi  
  Farah Champsi  

 

 

CUSIP No. 64066G101 13G Page 12  of 12 Pages

 

 

Attachment A

 

Alta Partners VIII, L.P. beneficially owns 213,017 shares of Common Stock and exercises sole voting and dispositive control over such shares, except to the extent set forth below.

 

Alta Partners Management VIII, LLC is the general partner of Alta Partners VIII, L.P. and may be deemed to share the right to direct the voting and dispositive control over the shares held by such fund. Alta Partners Management VIII, LLC disclaims beneficial ownership of all such shares, except to the extent of its pecuniary interest therein.

 

Mr. Daniel Janney is a managing director of Alta Partners Management VIII, LLC and may be deemed to share the right to direct the voting and dispositive control over the shares held by such fund. Mr. Janney disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.

 

Mr. Guy Nohra is a managing director of Alta Partners Management VIII, LLC and may be deemed to share the right to direct the voting and dispositive control over the shares held by such fund. Mr. Nohra disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.

 

Ms. Farah Champsi is a managing director of Alta Partners Management VIII, LLC and may be deemed to share the right to direct the voting and dispositive control over the shares held by such fund. Ms. Champsi disclaims beneficial ownership of all such shares, except to the extent of her pecuniary interest therein.

 

 

 

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