SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
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Cocrystal Pharma, Inc.
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(Name of Issuer) |
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Common Stock, par value $0.001 per share
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(Title of Class of Securities) |
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Camielle Green
Associate General Counsel, Secretary
OPKO Health, Inc.
4400 Biscayne Boulevard
Miami, Florida 33137
Telephone: (305) 575-4100
Phillip Frost, M.D.
Frost Gamma Investments Trust
Steven D. Rubin
4400 Biscayne Boulevard
Miami, Florida 33137
(305) 575-6015 |
(Name, address and telephone number of person authorized to receive
notices and communications) |
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November 13, 2020
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(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 Rule 13d-1(e), Rule
13d-1(f) or Rule 13d-1(g), check the following
box ¨.
Note:
Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule
13d-7(b) for other parties to whom copies are to be
sent.
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* |
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 on the remainder of this cover page shall
not be deemed to be “filed” for 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).
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CUSIP No. 19188J300 |
Schedule 13D |
PAGE 2 of 8
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1 |
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NAME OF REPORTING PERSONS
OPKO Health, Inc.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨ (b) ¨
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SEC USE ONLY
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4 |
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SOURCE OF FUNDS
WC
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5 |
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING
PERSON
WITH
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7 |
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SOLE VOTING POWER
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2,659,685 |
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(1)
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SHARED VOTING POWER
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0 |
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9 |
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SOLE DISPOSITIVE POWER
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2,659,685 |
(1)
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SHARED DISPOSITIVE POWER
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0 |
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11 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
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2,659,685 |
(1)
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES ¨
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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3.9 |
% |
(2)
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TYPE OF REPORTING PERSON
CO
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(1) Includes
(i) 2,626,352 shares of common stock, par value $0.001 per share
(the “Common
Stock”),
of Cocrystal Pharma, Inc. (the “Issuer”)
and (ii) 33,333 shares of Common Stock underlying
warrants.
(2) Calculated
based on (i) 68,563,512 shares outstanding as of November 13,
2020, as reported by the Issuer in its Form 10-Q filed with the
Securities and Exchange Commission (the “SEC”)
on November 13, 2020 (“Form
10‑Q”);
and (ii) 33,333 shares of Common Stock underlying
warrants.
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CUSIP No. 19188J300 |
Schedule 13D |
PAGE 3 of 8
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1 |
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NAME OF REPORTING PERSONS
Phillip Frost, M.D.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨ (b) ¨
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SEC USE ONLY
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4 |
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SOURCE OF FUNDS
OO
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5 |
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
¨
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6 |
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING
PERSON
WITH
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7 |
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SOLE VOTING POWER
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3,695,056 |
(1)
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8 |
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SHARED VOTING POWER
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0 |
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9 |
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SOLE DISPOSITIVE POWER
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3,695,056 |
(1)
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10 |
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SHARED DISPOSITIVE POWER
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0 |
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11 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
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3,695,056 |
(1)
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12 |
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES ¨
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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5.4 |
% |
(2)
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TYPE OF REPORTING PERSON
IN
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(1) Includes
(i) 3,655,265 shares of Common Stock held by Frost Gamma
Investments Trust (“FGIT”),
which is controlled by Dr. Frost as sole trustee; and (ii) options
to acquire 39,791 shares of Common Stock, which are exercisable
within 60 days.
(2) Calculated
based on (i) 68,563,512 shares outstanding as of November 13,
2020, as reported by the Issuer in its Form 10-Q; and (ii) 39,791
shares of Common Stock issuable upon exercise of options
exercisable within 60 days.
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CUSIP No. 19188J300 |
Schedule 13D |
PAGE 4 of 8
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1 |
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NAME OF REPORTING PERSONS
Frost Gamma Investments Trust
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨ (b) ¨
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SEC USE ONLY
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4 |
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SOURCE OF FUNDS
OO
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5 |
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
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CITIZENSHIP OR PLACE OF ORGANIZATION
Florida
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NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING
PERSON
WITH
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7 |
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SOLE VOTING POWER
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3,655,265 |
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8 |
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SHARED VOTING POWER
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0 |
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9 |
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SOLE DISPOSITIVE POWER
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3,655,265 |
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10 |
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SHARED DISPOSITIVE POWER
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0 |
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11 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
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3,655,265 |
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12 |
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES ¨
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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5.3 |
% |
(1)
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TYPE OF REPORTING PERSON
OO
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(1) Calculated
based on 68,563,512 shares outstanding as of November 13,
2020, as reported by the Issuer in its Form 10-Q.
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CUSIP No. 19188J300 |
Schedule 13D |
PAGE 5 of 8
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1 |
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NAME OF REPORTING PERSONS
Steven D. Rubin
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2 |
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨ (b) ¨
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SEC USE ONLY
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SOURCE OF FUNDS
OO
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING
PERSON
WITH
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7 |
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SOLE VOTING POWER
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64,239 |
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(1)
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SHARED VOTING POWER
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0 |
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SOLE DISPOSITIVE POWER
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64,239 |
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(1)
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SHARED DISPOSITIVE POWER
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0 |
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11 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
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64,239 |
(1)
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES ¨
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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0.1 |
% |
(2)
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TYPE OF REPORTING PERSON
IN
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(1) Includes
(i) 24,448 shares of Common Stock; and (ii) 39,791 shares of Common
Stock issuable upon exercise of options exercisable within 60
days.
(2) Calculated
based on (i) 68,563,512 shares outstanding as of November 13,
2020, as reported by the Issuer in its Form 10-Q; and (ii) 39,791
shares of Common Stock issuable upon exercise of options
exercisable within 60 days.
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CUSIP No. 19188J300 |
Schedule 13D |
PAGE 6 of 8
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EXPLANATORY NOTE
This Amendment No. 3 (the “Amendment”)
to Schedule 13D is being filed with the Securities and Exchange
Commission (the “SEC”)
on behalf of the Reporting Persons (as defined below) and relates
to the common stock, par value $0.001 per share (the
“Common
Stock”),
of Cocrystal Pharma, Inc. (the “Issuer”).
This Amendment is being filed solely as a result of a change in the
Issuer’s issued and outstanding Common Stock and amends and
supplements Amendment No. 2 to the Schedule 13D filed by OPKO
Health, Inc. a Delaware corporation (“OPKO”),
Phillip Frost, M.D. (“Dr.
Frost”),
Frost Gamma Investments Trust (“FGIT”),
and Steven D. Rubin (“Mr.
Rubin”)
(collectively, the “Reporting
Persons”)
filed with the SEC on March 10, 2020, which amended and
supplemented the statement on Amendment No. 1 filed with the SEC on
November 22, 2019, which amended and supplemented the statement on
Schedule 13D filed with the SEC on May 9, 2019 (the
“May
2019 Schedule 13D”),
which amended and restated the (i) Schedule 13D originally filed on
December 5, 2014 filed jointly by OPKO, Dr. Frost, FGIT, Mr. Rubin
and certain other persons (the “Original
13D”),
as amended with respect to Dr. Frost, FGIT, Mr. Rubin and certain
other persons by Amendment No. 1 filed on June 19, 2018 and
Amendment No. 2 filed on March 19, 2019, and (ii) Schedule 13G
filed by OPKO on May 10, 2017, as amended on February 2, 2018 and
February 14, 2019. This Amendment is being filed solely by the
Reporting Persons and does not amend or supplement the Original 13D
or any other amendments thereto with respect to any other persons
that jointly filed the Original 13D with the Reporting Persons.
Except as set forth herein, this Amendment does not modify any of
the information previously reported by the Reporting Persons in the
May 2019 Schedule 13D. Unless otherwise indicated, all capitalized
terms used herein have the meanings ascribed to them in the May
2019 Schedule 13D.
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ITEM 4.
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Purpose of Transaction.
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Items 4 is hereby amended by inserting the following at the end
thereof:
Dr. Jane H. Hsiao, PhD., MBA (“Dr.
Hsiao”)
previously served as a director of the Issuer until her resignation
on April 15, 2020.
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ITEM 5.
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Interest in Securities of the Issuer.
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Items 5(a)-(c), (e) are hereby amended and restated to read as
follows:
(a)OPKO
is the beneficial owner of and directly holds 2,626,352 shares of
Common Stock and 33,333 shares of Common Stock underlying warrants
or approximately 3.9% of the Issuer’s issued and outstanding Common
Stock, based on (i) 68,563,512 shares outstanding as of
November 13, 2020, as indicated by the Issuer in its Form
10-Q; and (ii) 33,333 shares of Common Stock underlying
warrants.
Richard A. Lerner, M.D. (“Dr.
Lerner”),
a director of OPKO, is a stockholder of the Issuer. Dr.
Jane H. Hsiao, PhD., MBA (“Dr.
Hsiao”),
Vice Chairman of the Board and Chief Technical Officer of OPKO, is
a stockholder and a former director of the Issuer.
Dr. Hsiao resigned as a director of the Issuer on April 15,
2020.
Dr. Frost and Mr. Rubin, Executive Vice President-Administration
and a director of OPKO, are directors of the Issuer. OPKO’s
reported ownership does not include securities beneficially owned
by FGIT, Drs. Lerner, Frost, and Hsiao, and Mr. Rubin. OPKO
disclaims beneficial ownership of the securities of the Issuer
owned by FGIT, Drs. Lerner, Frost, and Hsiao and Mr. Rubin. Drs.
Hsiao and Lerner beneficially own securities of the Issuer as
follows:
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CUSIP No. 19188J300 |
Schedule 13D |
PAGE 7 of 8
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Name |
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Number of Shares of Common Stock
Beneficially Owned |
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Sole or Shared
Voting Power |
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Sole or Shared
Dispositive Power |
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Percentage of Class |
Jane H. Hsiao, Ph.D., MBA |
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297,730 |
(1)
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Sole |
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Sole |
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0.4 |
% |
(2)
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Richard A. Lerner, M.D. |
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3,623 |
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Shared(3)
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Shared(3)
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0.01 |
% |
(2)
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(1) Comprised
of (i) 114,509 shares of Common Stock owned directly by Dr. Hsiao;
and (ii) 183,221 shares of Common Stock owned by Hsu Gamma
Investment, L.P., of which Dr. Hsiao is the general partner. Dr.
Hsiao disclaims beneficial ownership of shares of Common Stock
owned by Hsu Gamma Investment, L.P., except to the extent of any
pecuniary interest therein and this report shall not be deemed an
admission that the reporting person is the beneficial owner of the
securities for purposes of Section 16 or for any other
purpose.
(2) Calculated
based on (i) 68,563,512 shares outstanding as of November 13,
2020, as reported by the Issuer in its Form 10-Q.
(3) Held
through Lerner Family Trust, Richard A & Nicole G Lerner
Trustees.
Dr. Frost holds 39,791 shares of Common Stock issuable upon
exercise of options exercisable within 60 days. Dr. Frost, as the
sole trustee of FGIT, may be deemed to beneficially own the
3,655,265 shares of Common Stock beneficially owned by FGIT. The
3,695,056 shares of Common Stock beneficially owned by Dr. Frost
constitute approximately 5.4% of the Issuer’s issued and
outstanding shares, based on (i) 68,563,512 shares outstanding as
of November 13, 2020, as reported by the Issuer in its Form
10‑Q; and (ii) 39,791 shares of Common Stock issuable upon exercise
of options exercisable within 60 days. FGIT holds 3,655,265 shares
of Common Stock or approximately 5.3% of the Issuer’s issued and
outstanding shares, based on 68,563,512 shares outstanding as of
November 13, 2020, as reported by the Issuer in its Form 10-Q.
Dr. Frost and FGIT’s reported ownership does not include securities
owned by OPKO. Dr. Frost and FGIT each disclaim beneficial
ownership of the securities of the Issuer owned by
OPKO.
Mr. Rubin holds (i) 24,448 shares of Common Stock; and (ii) 39,791
shares of Common Stock issuable upon exercise of options
exercisable within 60 days, or approximately 0.1% of the Issuer’s
issued and outstanding shares, based on (i) 68,563,512 shares
outstanding as of November 13, 2020, as indicated by the
Issuer in its Form 10-Q; and (ii) 39,791 shares of Common Stock
owned by Mr. Rubin and issuable upon exercise of options
exercisable within 60 days.
(b)OPKO
beneficially owns and has sole power to vote and dispose of
2,626,352 shares of Common Stock and 33,333 shares of Common Stock
underlying warrants.
Dr. Frost, as the sole trustee of FGIT, has sole voting and
dispositive power over 3,655,265 shares of Common Stock
beneficially owned by FGIT. Dr. Frost individually owns and has
sole voting and dispositive power with respect to 39,791 shares of
Common Stock issuable upon exercise of options exercisable within
60 days.
FGIT directly beneficially owns 3,655,265 shares of Common Stock.
Dr. Frost is the sole trustee of FGIT and has sole voting and
dispositive power with respect to 3,655,265 shares of Common
Stock.
Mr. Rubin individually owns and has sole voting and dispositive
power with respect to 24,448 shares of Common Stock and 39,791
shares of Common Stock issuable upon exercise of options
exercisable within 60 days.
(c)There
have been no transactions in the Common Stock effected by OPKO, Dr.
Frost, FGIT, or Mr. Rubin in the last 60 days.
(e) OPKO ceased to be a Reporting Person on
or around November 13, 2020.
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CUSIP No. 19188J300 |
Schedule 13D |
PAGE 8 of 8
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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.
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OPKO Health, Inc. |
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Dated: |
November 19, 2020 |
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By: |
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/s/ Camielle Green
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Name: |
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Camielle Green |
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Title: |
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Associate General Counsel, Secretary |
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Phillip Frost, M.D. |
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Dated: |
November 19, 2020 |
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By: |
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/s/ Phillip Frost, M.D.
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Name: |
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Phillip Frost, M.D. |
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Frost Gamma Investments Trust |
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Dated: |
November 19, 2020 |
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By: |
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/s/ Phillip Frost, M.D.
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Name: |
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Phillip Frost, M.D. |
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Title: |
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Trustee |
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Steven D. Rubin |
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Dated: |
November 19, 2020 |
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By: |
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/s/ Steven D. Rubin
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Name: |
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Steven D. Rubin |
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