Amended Statement of Ownership (sc 13g/a)
February 10 2023 - 9:44AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO
FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 2) *
Eucrates Biomedical Acquisition Corp.
(Name of Issuer)
An Ordinary Share
(Title of Class of Securities)
G3141W106
(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)
(Page 1 of 9 Pages)
----------
* 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 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. |
G3141W106 |
13G |
Page 2 of 9 |
1. |
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Deerfield Mgmt, L.P. |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
☐
(b) ☒ |
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
1 (1)
|
|
7.
|
SOLE DISPOSITIVE POWER
0 |
|
8.
|
SHARED DISPOSITIVE POWER
1 (1) |
|
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1 (1) |
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|
☐ |
11.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
|
12. |
TYPE OF REPORTING PERSON*
PN |
__________________
(1) Comprised of an Ordinary Share held by Deerfield Partners, L.P.,
of which Deerfield Mgmt, L.P. is the general partner.
CUSIP No. |
G3141W106 |
13G |
Page 3 of 9 |
1. |
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Deerfield Management
Company, L.P. |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
☐
(b) ☒ |
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
1 (2) |
|
7.
|
SOLE DISPOSITIVE POWER
0 |
|
8.
|
SHARED DISPOSITIVE POWER
1 (2) |
|
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1 (2) |
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|
☐ |
11.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
|
12. |
TYPE OF REPORTING PERSON*
PN |
__________________
(2) Comprised of an Ordinary Share held by Deerfield Partners, L.P.,
of which Deerfield Management Company, L.P. is the investment advisor.
CUSIP No. |
G3141W106 |
13G |
Page 4 of 9 |
1. |
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Deerfield Partners, L.P. |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
☐
(b) ☒ |
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
1 |
|
7.
|
SOLE DISPOSITIVE POWER
0 |
|
8.
|
SHARED DISPOSITIVE POWER
1 |
|
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1 |
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|
☐ |
11.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
|
12. |
TYPE OF REPORTING PERSON*
PN |
CUSIP No. |
G3141W106 |
13G |
Page 5 of 9 |
1. |
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
James E. Flynn |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
☐
(b) ☒ |
3. |
SEC USE ONLY
|
4. |
CITIZENSHIP OR PLACE OF ORGANIZATION
United States |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH |
5. |
SOLE VOTING POWER
0 |
|
6. |
SHARED VOTING POWER
1 (3) |
|
7.
|
SOLE DISPOSITIVE POWER
0 |
|
8.
|
SHARED DISPOSITIVE POWER
1 (3) |
|
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1 (3) |
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|
☐ |
11.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
|
12. |
TYPE OF REPORTING PERSON*
IN |
__________________
(3) Comprised of an Ordinary Share held by Deerfield Partners, L.P.
CUSIP No. |
G3141W106 |
13G |
Page 6 of 9 |
Item 1(a). |
Name of Issuer: |
|
|
|
Eucrates Biomedical Acquisition Corp.
|
|
|
Item 1(b). |
Address of Issuer's Principal Executive Offices: |
|
|
|
250 West
55th Street, Suite 13D
New York, New York 10019
|
|
|
Item 2(a). |
Name of Person Filing: |
|
|
|
James
E. Flynn, Deerfield Mgmt, L.P., Deerfield Partners, L.P. and Deerfield Management Company, L.P.
|
|
|
Item 2(b). |
Address of Principal Business Office, or if None, Residence: |
|
|
|
James
E. Flynn, Deerfield Mgmt, L.P., Deerfield Partners, L.P. and Deerfield Management Company, L.P., 345 Park Avenue South, 12th Floor, New
York, NY 10010
|
|
|
Item 2(c). |
Citizenship: |
|
|
|
Deerfield
Mgmt, L.P., Deerfield Management Company, L.P. and Deerfield Partners, L.P. - Delaware limited partnerships;
James E. Flynn – United States citizen
|
|
|
Item 2(d). |
Title of Class of Securities: |
|
|
|
An Ordinary Share
|
|
|
Item 2(e). |
CUSIP Number: |
|
|
|
G3141W106
|
|
|
|
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:
|
|
|
(a) |
☐ |
Broker or dealer registered under Section 15 of the
Exchange Act.
|
|
|
|
(b) |
☐ |
Bank as defined in Section 3(a)(6) of the Exchange Act. |
|
|
|
(c) |
☐ |
Insurance company as defined in Section 3(a)(19) of
the Exchange Act.
|
|
|
|
(d) |
☐ |
Investment company registered under Section 8 of the
Investment Company Act.
|
|
|
|
(e) |
☐ |
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); |
|
|
|
(f) |
☐ |
An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
|
|
|
|
(g) |
☐ |
A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G);
|
|
|
|
(h) |
☐ |
A savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act;
|
CUSIP No. |
G3141W106 |
13G |
Page 7 of 9 |
(i) |
☐ |
A church plan that is excluded from the definition
of an investment company under Section 3(c)(14) of the Investment Company Act;
|
|
|
|
(j) |
☐ |
A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); |
|
|
|
(k) |
☐ |
Group, in accordance with Rule 13d-1(b)(1)(ii)(K). |
If filing as a non-U.S. institution in accordance
with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: _________________
Item 4. |
Ownership. |
|
|
|
|
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
|
|
|
|
|
(a) |
Amount beneficially owned**: |
|
|
|
|
|
|
Deerfield Mgmt, L.P. - 1 share
Deerfield Management Company, L.P. - 1 share
Deerfield Partners, L.P. - 1 share
James E. Flynn –
1 share
|
|
|
|
|
(b) |
Percent of class**: |
|
|
|
|
|
|
Deerfield Mgmt, L.P. – 0%
Deerfield Management Company, L.P. - 0%
Deerfield Partners, L.P. – 0%
James E. Flynn – 0%
|
|
|
|
|
(c) |
Number of shares as to which such person has**: |
|
|
|
|
|
|
(i) |
Sole power to vote or to direct the vote: |
All Reporting Persons - 0 |
|
|
|
|
|
(ii) |
Shared power to vote or to direct the vote: |
Deerfield Mgmt, L.P. - 1
Deerfield Management Company, L.P. - 1
Deerfield Partners, L.P. - 1
James E. Flynn – 1
|
|
|
|
|
|
(iii) |
Sole power to dispose or to direct the disposition of:
|
All Reporting Persons - 0 |
|
|
|
|
|
(iv) |
Shared power to dispose or to direct the disposition
of:
|
Deerfield Mgmt, L.P. - 1
Deerfield Management Company, L.P. - 1
Deerfield Partners, L.P. - 1
James E. Flynn – 1
|
**See footnotes on cover pages which are incorporated by reference
herein.
CUSIP No. |
G3141W106 |
13G |
Page 8 of 9 |
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 five percent of the class of securities check the following ☒.
|
|
|
|
|
|
|
Item 6. |
Ownership of More Than Five Percent on Behalf of Another Person. |
|
|
If
any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the
sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more
than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under
the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
|
|
|
|
N/A |
|
|
Item 7. |
Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
|
|
|
If a parent holding company or Control person
has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity
and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant
to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
|
|
|
|
N/A |
|
|
Item 8. |
Identification and Classification of Members of the Group. |
|
|
If a group has filed this schedule pursuant to
ss.240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member
of the group. If a group has filed this schedule pursuant to ss.240.13d-1(c) or ss.240.13d-1(d), attach an exhibit stating the identity
of each member of the group.
|
|
|
|
See Exhibit B |
|
|
Item 9. |
Notice of Dissolution of Group. |
|
|
Notice of dissolution of a group may be furnished
as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported
on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
|
|
|
|
N/A |
|
|
Item 10. |
Certifications. |
|
|
"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 are not held in connection with or as
a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a–11."
|
CUSIP No. |
G3141W106 |
13G |
Page 9 of 9 |
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.
DEERFIELD MGMT, L.P.
By: J.E. Flynn Capital, LLC, General Partner
By: /s/ Jonathan Isler
Jonathan Isler, Attorney-In-Fact
DEERFIELD MANAGEMENT COMPANY, L.P.
By: Flynn Management LLC, General Partner
By: /s/ Jonathan Isler
Jonathan Isler, Attorney-In-Fact
DEERFIELD PARTNERS, L.P.
By: Deerfield Mgmt, L.P., General Partner
By: J.E. Flynn Capital, LLC, General Partner
By: /s/ Jonathan Isler
Jonathan Isler, Attorney-In-Fact
JAMES E. FLYNN
/s/ Jonathan Isler
Jonathan Isler, Attorney-In-Fact
Date: February
10, 2023
Exhibit List
Exhibit A. Joint Filing Agreement.
Exhibit B. Item 8 Statement.
Exhibit C. Power of Attorney (1).
(1) Power of Attorney previously filed as Exhibit 24 to a Form 4 with
regard to DA32 Life Science Tech Acquisition Corp. filed with the Securities and Exchange Commission on August 3, 2021 by Deerfield Partners,
L.P., Deerfield Mgmt, L.P., Deerfield Management Company, L.P. and James E. Flynn.
Exhibit A
Joint Filing Agreement
The undersigned agree that this Schedule 13G, and all amendments thereto,
relating to the An Ordinary Share of Eucrates Biomedical Acquisition Corp. shall be filed on behalf of the undersigned.
DEERFIELD MGMT, L.P.
By: J.E. Flynn Capital, LLC, General Partner
By: /s/ Jonathan Isler
Jonathan Isler, Attorney-In-Fact
DEERFIELD MANAGEMENT COMPANY, L.P.
By: Flynn Management LLC, General Partner
By: /s/ Jonathan Isler
Jonathan Isler, Attorney-In-Fact
DEERFIELD PARTNERS, L.P.
By: Deerfield Mgmt, L.P., General Partner
By: J.E. Flynn Capital, LLC, General Partner
By: /s/ Jonathan Isler
Jonathan Isler, Attorney-In-Fact
JAMES E. FLYNN
/s/ Jonathan Isler
Jonathan Isler, Attorney-In-Fact
Exhibit B
Due to the relationships between them, the reporting
persons hereunder may be deemed to constitute a “group” with one another for purposes of Section 13(d)(3) of the Securities
Exchange Act of 1934.
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