SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
 Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kreis Leslie W.
(Last) (First) (Middle)
C/O LANTERN PHARMA INC.
1920 MCKINNEY AVENUE, 7TH FLOOR
(Street)
DALLAS TX 75201
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Lantern Pharma Inc. [ LTRN ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/29/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/29/2023 S 53,640 D $3.44 217,553 I By Bios Fund I QP, LP(1)(2)(3)(4)
Common Stock 11/29/2023 S 91,708 D $3.44 371,950 I By Bios Fund I, LP(1)(2)(3)(4)
Common Stock 71,774 I By Bios Fund II NT, LP(2)(3)(4)
Common Stock 536,163 I By Bios Fund II QP, LP(2)(3)(4)
Common Stock 164,137 I By Bios Fund II, LP(2)(3)(4)
Common Stock 26,093 I By BP Directors, LP(2)(3)(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Kreis Leslie W.
(Last) (First) (Middle)
C/O LANTERN PHARMA INC.
1920 MCKINNEY AVENUE, 7TH FLOOR
(Street)
DALLAS TX 75201
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Cavu Management, LP
(Last) (First) (Middle)
C/O LANTERN PHARMA INC.
1920 MCKINNEY AVENUE, 7TH FLOOR
(Street)
DALLAS TX 75201
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Cavu Advisors, LLC
(Last) (First) (Middle)
C/O LANTERN PHARMA INC.
1920 MCKINNEY AVENUE, 7TH FLOOR
(Street)
DALLAS TX 75201
(City) (State) (Zip)
1. Name and Address of Reporting Person*
BP Directors, LP
(Last) (First) (Middle)
C/O LANTERN PHARMA INC.
1920 MCKINNEY AVENUE, 7TH FLOOR
(Street)
DALLAS TX 75201
(City) (State) (Zip)
Explanation of Responses:
1. On November 22, 2023, Lantern Pharma Inc. (the "Issuer") purchased 53,640 and 91,708 shares of common stock from Bios Fund I QP, LP ("Bios Fund I QP") and Bios Fund I, LP ("Bios Fund I"), respectively, for an aggregate purchase price of $529,828.80. These purchases were approved by the board of directors of the Issuer.
2. Bios Equity Partners, LP ("Bios Equity I") is the general partner of the following entities: Bios Fund I, Bios Fund I QP and BP Directors, LP ("Bios Directors"). Bios Equity Partners II, LP ("Bios Equity II") is the general partner of the following entities: Bios Fund II, LP ("Bios Fund II"), Bios Fund II QP, LP ("Bios Fund II QP") and Bios Fund II NT, LP ("Bios Fund II NT"). Cavu Management, LP ("Cavu Management"), an entity managed and controlled by Mr. Kreis, and Bios Capital Management, LP ("Bios Management"), an entity managed and controlled by Aaron Glenn Louis Fletcher, are each a general partner of Bios Equity I and Bios Equity II. Cavu Advisors LLC ("Cavu Advisors"), an entity that is managed and controlled by Mr. Kreis, is the general partner of Cavu Management. Bios Advisors GP, LLC ("Bios Advisors"), an entity that is managed and controlled by Mr. Fletcher, is the general partner of Bios Management.
3. Mr. Kreis, Cavu Management, Cavu Advisors, Mr. Fletcher, Bios Management and Bios Advisors each share voting and investment control with respect to the shares held by Bios Fund I, Bios Fund I QP, Bios Directors, Bios Fund II, Bios Fund II QP and Bios Fund II NT (collectively, the "Bios Equity Entities"). Because of the relationship between Mr. Kreis, Mr. Fletcher, Cavu Management, Bios Management, Cavu Advisors, Bios Advisors and the Bios Equity Entities, Mr. Kreis, Mr. Fletcher, Cavu Management, Bios Management, Cavu Advisors and Bios Advisors each may be deemed to beneficially own the shares held directly by the Bios Equity Entities.
4. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each Reporting Person disclaims beneficial ownership of any such securities, except to the extent of his/its pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
Remarks:
This Form 4 is the first of two Forms 4 filed relating to the same event. The Form 4 has been split into two filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting person. The second Form 4 will be filed by Aaron Glenn Louis Fletcher as the designated filer. Exhibit 24.1 - Power of Attorney
/s/ Leslie W. Kreis, Jr 12/01/2023
Cavu Management, LP By: Cavu Advisors, LLC, its general partner By: /s/ Leslie W. Kreis, Jr, Manager 12/01/2023
Cavu Advisors, LLC By: /s/ Leslie W. Kreis, Jr, Manager 12/01/2023
BP Directors, LP By: Bios Equity Partners, LP, its general partner By: Cavu Management, LP By: Cavu Advisors, LLC, its general partner By: /s/ Leslie W. Kreis, Jr, Manager 12/01/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

 

Exhibit 24.1

 

POWER OF ATTORNEY

 

The undersigned hereby constitute and appoint Daniel Schwarz, the lawful attorney-in-fact and agent with full power and authority to execute and file on the undersigned’s behalf, any and all instruments including Forms 3, 4 and 5, and Schedules 13D and 13G (collectively, the “Filings”), and any amendments, supplements or successor forms thereto pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and any rules or regulations or requirements of the Securities and Exchange Commission in connection with the undersigned’s reporting obligations with respect to securities of Lantern Pharma Inc., a Delaware corporation, pursuant to Section 13(d) of the Exchange Act and Section 16(b) of the Exchange Act.

 

The authority of such attorney-in-fact shall continue until the undersigned is no longer required to file any of the Filings, unless earlier revoked in writing. The undersigned hereby ratifies, confirms and approves in all respects all Filings (including amendments thereto) and actions taken by any of the attorney-in-fact relating to such Filings.

 

The undersigned acknowledges that the attorneys-in-fact are not assuming any of the undersigned’s responsibilities to comply with Section 13 or Section 16 of the Exchange Act.

 

IN WITNESS WHEREOF, each of the undersigned has executed this Power of Attorney as of the date indicated.

 

Dated: November 22, 2023

 

  BIOS FUND I, LP
   
  By: Bios Equity Partners, LP,
    its general partner
     
    By: Cavu Management, LP,
      its general partner
       
      By: Cavu Advisors, LLC,
        its general partner
         
        By: /s/ Leslie Wayne Kreis, Jr.
          Leslie Wayne Kreis, Jr.
          Manager
           
    By: Bios Capital Management, LP,
      its general partner
       
      By: Bios Advisors GP, LLC,
        its general partner
         
        By: /s/ Aaron Glenn Louis Fletcher
          Aaron Glenn Louis Fletcher
          Manager

 

 

 

  BIOS FUND I QP, LP
   
  By: Bios Equity Partners, LP,
    its general partner
     
    By: Cavu Management, LP,
      its general partner
       
      By: Cavu Advisors, LLC,
        its general partner
         
        By: /s/ Leslie Wayne Kreis, Jr.
          Leslie Wayne Kreis, Jr.,
          Manager
           
    By: Bios Capital Management, LP,
      its general partner
       
      By: Bios Advisors GP, LLC,
        its general partner
         
        By: /s/ Aaron Glenn Louis Fletcher
          Aaron Glenn Louis Fletcher,
          Manager
           
  BP DIRECTORS, LP
     
  By: Bios Equity Partners, LP,
    its general partner
     
    By: Cavu Management, LP,
      its general partner
       
      By: Cavu Advisors, LLC,
        its general partner
         
        By: /s/ Leslie Wayne Kreis, Jr.
          Leslie Wayne Kreis, Jr.,
          Manager
           
    By: Bios Capital Management, LP,
      its general partner
       
      By: Bios Advisors GP, LLC,
        its general partner
         
        By: /s/ Aaron Glenn Louis Fletcher
          Aaron Glenn Louis Fletcher,
          Manager

 

 

 

  BIOS FUND II, LP
   
  By: Bios Equity Partners II, LP,
    its general partner
     
    By: Cavu Management, LP,
      its general partner
       
      By: Cavu Advisors, LLC,
        its general partner
         
        By: /s/ Leslie Wayne Kreis, Jr.
          Leslie Wayne Kreis, Jr.
          Manager
           
    By: Bios Capital Management, LP,
      its general partner
       
      By: Bios Advisors GP, LLC,
        its general partner
         
        By: /s/ Aaron Glenn Louis Fletcher
          Aaron Glenn Louis Fletcher
          Manager
           
  BIOS FUND II QP, LP
   
  By: Bios Equity Partners II, LP,
    its general partner
     
    By: Cavu Management, LP,
      its general partner
       
      By: Cavu Advisors, LLC,
        its general partner
         
        By: /s/ Leslie Wayne Kreis, Jr.
          Leslie Wayne Kreis, Jr.,
          Manager
           
    By: Bios Capital Management, LP,
      its general partner
       
      By: Bios Advisors GP, LLC,
        its general partner
         
        By: /s/ Aaron Glenn Louis Fletcher
          Aaron Glenn Louis Fletcher,
          Manager

 

 

 

  BIOS FUND II NT, LP
   
  By: Bios Equity Partners II, LP,
    its general partner
     
    By: Cavu Management, LP,
      its general partner
       
      By: Cavu Advisors, LLC,
        its general partner
         
        By: /s/ Leslie Wayne Kreis, Jr.
          Leslie Wayne Kreis, Jr.,
          Manager
           
    By: Bios Capital Management, LP,
      its general partner
       
      By: Bios Advisors GP, LLC,
        its general partner
         
        By: /s/ Aaron Glenn Louis Fletcher
          Aaron Glenn Louis Fletcher,
          Manager
           
  BIOS EQUITY PARTNERS, LP
   
  By: Cavu Management, LP,
    its general partner
     
    By: Cavu Advisors, LLC,
      its general partner
       
      By: /s/ Leslie Wayne Kreis, Jr.
        Leslie Wayne Kreis, Jr.,
        Manager
         
  By: Bios Capital Management, LP,
    its general partner
     
    By: Bios Advisors GP, LLC,
      its general partner
       
      By: /s/ Aaron Glenn Louis Fletcher
        Aaron Glenn Louis Fletcher,
        Manager

 

 

 

  BIOS EQUITY PARTNERS II, LP
   
  By: Cavu Management, LP,
    its general partner
     
    By: Cavu Advisors, LLC,
      its general partner
       
      By: /s/ Leslie Wayne Kreis, Jr.
        Leslie Wayne Kreis, Jr.,
        Manager
         
  By: Bios Capital Management, LP,
    its general partner
     
    By: Bios Advisors GP, LLC,
      its general partner
       
      By: /s/ Aaron Glenn Louis Fletcher
        Aaron Glenn Louis Fletcher,
        Manager
         
  CAVU MANAGEMENT, LP
   
  By: Cavu Advisors, LLC,
    its general partner
     
    By: /s/ Leslie Wayne Kreis, Jr.
      Leslie Wayne Kreis, Jr.,
      Manager
       
  BIOS CAPITAL MANAGEMENT, LP
   
  By: Bios Advisors GP, LLC
    its general partner
     
    By: /s/ Aaron Glenn Louis Fletcher
      Aaron Glenn Louis Fletcher
      Manager
       
  CAVU ADVISORS, LLC
   
  By: /s/ Leslie Wayne Kreis, Jr.
    Leslie Wayne Kreis, Jr.,
    Manager
     
  BIOS ADVISORS GP, LLC
   
  By: /s/ Aaron Glenn Louis Fletcher
    Aaron Glenn Louis Fletcher,
    Manager
           

                                /s/ Leslie Wayne Kreis, Jr.
  LESLIE WAYNE KREIS, JR., in his individual capacity

 

 

 

  /s/ Aaron Glenn Louis Fletcher
  AARON GLENN LOUIS FLETCHER, in his individual capacity

 

 

 

 

Exhibit 24.1

 

POWER OF ATTORNEY

 

The undersigned hereby constitute and appoint Daniel Schwarz, the lawful attorney-in-fact and agent with full power and authority to execute and file on the undersigned’s behalf, any and all instruments including Forms 3, 4 and 5, and Schedules 13D and 13G (collectively, the “Filings”), and any amendments, supplements or successor forms thereto pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and any rules or regulations or requirements of the Securities and Exchange Commission in connection with the undersigned’s reporting obligations with respect to securities of Lantern Pharma Inc., a Delaware corporation, pursuant to Section 13(d) of the Exchange Act and Section 16(b) of the Exchange Act.

 

The authority of such attorney-in-fact shall continue until the undersigned is no longer required to file any of the Filings, unless earlier revoked in writing. The undersigned hereby ratifies, confirms and approves in all respects all Filings (including amendments thereto) and actions taken by any of the attorney-in-fact relating to such Filings.

 

The undersigned acknowledges that the attorneys-in-fact are not assuming any of the undersigned’s responsibilities to comply with Section 13 or Section 16 of the Exchange Act.

 

IN WITNESS WHEREOF, each of the undersigned has executed this Power of Attorney as of the date indicated.

 

Dated: November 22, 2023

 

  BIOS FUND I, LP
   
  By: Bios Equity Partners, LP,
    its general partner
     
    By: Cavu Management, LP,
      its general partner
       
      By: Cavu Advisors, LLC,
        its general partner
         
        By: /s/ Leslie Wayne Kreis, Jr.
          Leslie Wayne Kreis, Jr.
          Manager
           
    By: Bios Capital Management, LP,
      its general partner
       
      By: Bios Advisors GP, LLC,
        its general partner
         
        By: /s/ Aaron Glenn Louis Fletcher
          Aaron Glenn Louis Fletcher
          Manager

 

 

 

  BIOS FUND I QP, LP
   
  By: Bios Equity Partners, LP,
    its general partner
     
    By: Cavu Management, LP,
      its general partner
       
      By: Cavu Advisors, LLC,
        its general partner
         
        By: /s/ Leslie Wayne Kreis, Jr.
          Leslie Wayne Kreis, Jr.,
          Manager
           
    By: Bios Capital Management, LP,
      its general partner
       
      By: Bios Advisors GP, LLC,
        its general partner
         
        By: /s/ Aaron Glenn Louis Fletcher
          Aaron Glenn Louis Fletcher,
          Manager
           
  BP DIRECTORS, LP
     
  By: Bios Equity Partners, LP,
    its general partner
     
    By: Cavu Management, LP,
      its general partner
       
      By: Cavu Advisors, LLC,
        its general partner
         
        By: /s/ Leslie Wayne Kreis, Jr.
          Leslie Wayne Kreis, Jr.,
          Manager
           
    By: Bios Capital Management, LP,
      its general partner
       
      By: Bios Advisors GP, LLC,
        its general partner
         
        By: /s/ Aaron Glenn Louis Fletcher
          Aaron Glenn Louis Fletcher,
          Manager

 

 

 

  BIOS FUND II, LP
   
  By: Bios Equity Partners II, LP,
    its general partner
     
    By: Cavu Management, LP,
      its general partner
       
      By: Cavu Advisors, LLC,
        its general partner
         
        By: /s/ Leslie Wayne Kreis, Jr.
          Leslie Wayne Kreis, Jr.
          Manager
           
    By: Bios Capital Management, LP,
      its general partner
       
      By: Bios Advisors GP, LLC,
        its general partner
         
        By: /s/ Aaron Glenn Louis Fletcher
          Aaron Glenn Louis Fletcher
          Manager
           
  BIOS FUND II QP, LP
   
  By: Bios Equity Partners II, LP,
    its general partner
     
    By: Cavu Management, LP,
      its general partner
       
      By: Cavu Advisors, LLC,
        its general partner
         
        By: /s/ Leslie Wayne Kreis, Jr.
          Leslie Wayne Kreis, Jr.,
          Manager
           
    By: Bios Capital Management, LP,
      its general partner
       
      By: Bios Advisors GP, LLC,
        its general partner
         
        By: /s/ Aaron Glenn Louis Fletcher
          Aaron Glenn Louis Fletcher,
          Manager

 

 

 

  BIOS FUND II NT, LP
   
  By: Bios Equity Partners II, LP,
    its general partner
     
    By: Cavu Management, LP,
      its general partner
       
      By: Cavu Advisors, LLC,
        its general partner
         
        By: /s/ Leslie Wayne Kreis, Jr.
          Leslie Wayne Kreis, Jr.,
          Manager
           
    By: Bios Capital Management, LP,
      its general partner
       
      By: Bios Advisors GP, LLC,
        its general partner
         
        By: /s/ Aaron Glenn Louis Fletcher
          Aaron Glenn Louis Fletcher,
          Manager
           
  BIOS EQUITY PARTNERS, LP
   
  By: Cavu Management, LP,
    its general partner
     
    By: Cavu Advisors, LLC,
      its general partner
       
      By: /s/ Leslie Wayne Kreis, Jr.
        Leslie Wayne Kreis, Jr.,
        Manager
         
  By: Bios Capital Management, LP,
    its general partner
     
    By: Bios Advisors GP, LLC,
      its general partner
       
      By: /s/ Aaron Glenn Louis Fletcher
        Aaron Glenn Louis Fletcher,
        Manager

 

 

 

  BIOS EQUITY PARTNERS II, LP
   
  By: Cavu Management, LP,
    its general partner
     
    By: Cavu Advisors, LLC,
      its general partner
       
      By: /s/ Leslie Wayne Kreis, Jr.
        Leslie Wayne Kreis, Jr.,
        Manager
         
  By: Bios Capital Management, LP,
    its general partner
     
    By: Bios Advisors GP, LLC,
      its general partner
       
      By: /s/ Aaron Glenn Louis Fletcher
        Aaron Glenn Louis Fletcher,
        Manager
         
  CAVU MANAGEMENT, LP
   
  By: Cavu Advisors, LLC,
    its general partner
     
    By: /s/ Leslie Wayne Kreis, Jr.
      Leslie Wayne Kreis, Jr.,
      Manager
       
  BIOS CAPITAL MANAGEMENT, LP
   
  By: Bios Advisors GP, LLC
    its general partner
     
    By: /s/ Aaron Glenn Louis Fletcher
      Aaron Glenn Louis Fletcher
      Manager
       
  CAVU ADVISORS, LLC
   
  By: /s/ Leslie Wayne Kreis, Jr.
    Leslie Wayne Kreis, Jr.,
    Manager
     
  BIOS ADVISORS GP, LLC
   
  By: /s/ Aaron Glenn Louis Fletcher
    Aaron Glenn Louis Fletcher,
    Manager
           

                                /s/ Leslie Wayne Kreis, Jr.
  LESLIE WAYNE KREIS, JR., in his individual capacity

 

 

 

  /s/ Aaron Glenn Louis Fletcher
  AARON GLENN LOUIS FLETCHER, in his individual capacity

 

 

 

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