Washington, D.C. 20549
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 24.13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13D-2(a)
(Amendment No. 5)*
Larimar
Therapeutics, Inc.
If the filing person has
previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule
because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ☐.
* 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 on 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).
SCHEDULE 13D
CUSIP No. 517125100 |
Page
2 of 19 Pages |
1 |
NAMES OF REPORTING PERSONS
Deerfield Private Design Fund III, L.P.
|
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP*
|
(a) ☐
(b)
☒ |
3 |
SEC USE ONLY
|
|
4 |
SOURCE OF FUNDS
WC
|
|
5 |
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
|
☐ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON
WITH |
7 |
SOLE VOTING POWER
0 |
|
8 |
SHARED VOTING POWER
4,721,183
|
|
9
|
SOLE DISPOSITIVE POWER
0 |
|
10
|
SHARED DISPOSITIVE POWER
4,721,183
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
4,721,183
|
|
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES*
|
☐ |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.82%
|
|
14 |
TYPE OF REPORTING PERSON
PN
|
|
SCHEDULE 13D
CUSIP No. 517125100 |
Page
3 of 19 Pages |
1 |
NAMES OF REPORTING PERSONS
Deerfield Healthcare Innovations Fund, L.P.
|
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP*
|
(a) ☐
(b)
☒ |
3 |
SEC USE ONLY
|
|
4 |
SOURCE OF FUNDS
WC
|
|
5 |
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
|
☐ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON
WITH |
7 |
SOLE VOTING POWER
0 |
|
8 |
SHARED VOTING POWER
4,721,197
|
|
9
|
SOLE DISPOSITIVE POWER
0 |
|
10
|
SHARED DISPOSITIVE POWER
4,721,197
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
4,721,197
|
|
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES*
|
☐ |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.82%
|
|
14 |
TYPE OF REPORTING PERSON
PN
|
|
SCHEDULE 13D
CUSIP No. 517125100 |
Page
4 of 19 Pages |
1 |
NAMES OF REPORTING PERSONS
Deerfield Private Design Fund IV, L.P.
|
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP*
|
(a) ☐
(b)
☒ |
3 |
SEC USE ONLY
|
|
4 |
SOURCE OF FUNDS
WC
|
|
5 |
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
|
☐ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON
WITH |
7 |
SOLE VOTING POWER
0 |
|
8 |
SHARED VOTING POWER
4,721,200
|
|
9
|
SOLE DISPOSITIVE POWER
0 |
|
10
|
SHARED DISPOSITIVE POWER
4,721,200
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
4,721,200
|
|
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES*
|
☐ |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.82%
|
|
14 |
TYPE OF REPORTING PERSON
PN
|
|
SCHEDULE 13D
CUSIP No. 517125100 |
Page
5 of 19 Pages |
1 |
NAMES OF REPORTING PERSONS
Deerfield Partners, L.P.
|
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP*
|
(a) ☐
(b)
☒ |
3 |
SEC USE ONLY
|
|
4 |
SOURCE OF FUNDS
WC
|
|
5 |
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
|
☐ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON
WITH |
7 |
SOLE VOTING POWER
0 |
|
8 |
SHARED VOTING POWER
2,777,777
|
|
9
|
SOLE DISPOSITIVE POWER
0 |
|
10
|
SHARED DISPOSITIVE POWER
2,777,777
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
2,777,777
|
|
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES*
|
☐ |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.96%
|
|
14 |
TYPE OF REPORTING PERSON
PN
|
|
SCHEDULE 13D
CUSIP No. 517125100 |
Page
6 of 19 Pages |
1 |
NAMES OF REPORTING PERSONS
Deerfield Mgmt III, L.P.
|
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP*
|
(a) ☐
(b)
☒ |
3 |
SEC USE ONLY
|
|
4 |
SOURCE OF FUNDS
AF
|
|
5 |
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
|
☐ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON
WITH |
7 |
SOLE VOTING POWER
0 |
|
8 |
SHARED VOTING POWER
4,721,183 (1)
|
|
9
|
SOLE DISPOSITIVE POWER
0 |
|
10
|
SHARED DISPOSITIVE POWER
4,721,183 (1)
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
4,721,183 (1)
|
|
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES*
|
☐ |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.82%
|
|
14 |
TYPE OF REPORTING PERSON
PN
|
|
(1) | | Comprised of shares of common stock held by Deerfield Private Design Fund III, L.P., of which
Deerfield Mgmt III, L.P. is the general partner. |
SCHEDULE 13D
CUSIP No. 517125100 |
Page
7 of 19 Pages |
1 |
NAMES OF REPORTING PERSONS
Deerfield Mgmt HIF, L.P.
|
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP*
|
(a) ☐
(b)
☒ |
3 |
SEC USE ONLY
|
|
4 |
SOURCE OF FUNDS
AF
|
|
5 |
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
|
☐ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON
WITH |
7 |
SOLE VOTING POWER
0 |
|
8 |
SHARED VOTING POWER
4,721,197 (2)
|
|
9
|
SOLE DISPOSITIVE POWER
0 |
|
10
|
SHARED DISPOSITIVE POWER
4,721,197 (2)
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
4,721,197 (2)
|
|
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES*
|
☐ |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.82%
|
|
14 |
TYPE OF REPORTING PERSON
PN
|
|
(2) | | Comprised of shares of common stock held by Deerfield Healthcare Innovations Fund, L.P.,
of which Deerfield Mgmt HIF, L.P. is the general partner. |
SCHEDULE 13D
CUSIP No. 517125100 |
Page
8 of 19 Pages |
1 |
NAMES OF REPORTING PERSONS
Deerfield Mgmt, IV, L.P.
|
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP*
|
(a) ☐
(b)
☒ |
3 |
SEC USE ONLY
|
|
4 |
SOURCE OF FUNDS
AF
|
|
5 |
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
|
☒ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON
WITH |
7 |
SOLE VOTING POWER
0 |
|
8 |
SHARED VOTING POWER
4,721,200 (3)
|
|
9
|
SOLE DISPOSITIVE POWER
0 |
|
10
|
SHARED DISPOSITIVE POWER
4,721,200 (3)
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
4,721,200 (3)
|
|
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES*
|
☐ |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.82%
|
|
14 |
TYPE OF REPORTING PERSON
PN
|
|
(3) | | Comprised of shares of common stock held by Deerfield Private Design Fund IV, L.P., of which
Deerfield Mgmt IV, L.P. is the general partner. |
SCHEDULE 13D
CUSIP No. 517125100 |
Page
9 of 19 Pages |
1 |
NAMES OF REPORTING PERSONS
Deerfield Mgmt, L.P.
|
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP*
|
(a) ☐
(b)
☒ |
3 |
SEC USE ONLY
|
|
4 |
SOURCE OF FUNDS
WC
|
|
5 |
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
|
☒ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON
WITH |
7 |
SOLE VOTING POWER
0 |
|
8 |
SHARED VOTING POWER
2,777,777 (4)
|
|
9
|
SOLE DISPOSITIVE POWER
0 |
|
10
|
SHARED DISPOSITIVE POWER
2,777,777 (4)
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
2,777,777 (4)
|
|
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES*
|
☐ |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.96%
|
|
14 |
TYPE OF REPORTING PERSON
PN
|
|
(4) | | Comprised of shares of common stock held by Deerfield Partners, L.P., of which Deerfield Mgmt, L.P. is the general partner. |
SCHEDULE 13D
CUSIP No. 517125100 |
Page
10 of 19 Pages |
1 |
NAMES OF REPORTING PERSONS
Deerfield Management Company, L.P.
|
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP*
|
(a) ☐
(b)
☒ |
3 |
SEC USE ONLY
|
|
4 |
SOURCE OF FUNDS
AF
|
|
5 |
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
|
☒ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON
WITH |
7 |
SOLE VOTING POWER
0 |
|
8 |
SHARED VOTING POWER
16,963,029 (5)
|
|
9
|
SOLE DISPOSITIVE POWER
0 |
|
10
|
SHARED DISPOSITIVE POWER
16,963,029 (5)
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
16,963,029 (5)
|
|
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES*
|
☐ |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
42.45%
|
|
14 |
TYPE OF REPORTING PERSON
PN
|
|
(5) | | Comprised of (i) an aggregate of 16,941,357 shares of common stock held by Deerfield Private
Design Fund III, L.P., Deerfield Private Design Fund IV, L.P., Deerfield Healthcare Innovations Fund, L.P. and Deerfield Partners, L.P.,
of which Deerfield Management Company, L.P. is the investment manager and (ii) an aggregate of 21,672 shares of common stock issuable
upon exercise of options (the “Leff Options”) held by Jonathan Leff, an employee of Deerfield Management Company, L.P., for
the benefit, and subject to the direction, of Deerfield Management Company, L.P. The Leff Options consist of (i) an option that was granted
to Mr. Leff on July 16, 2020 (the “2020 Option”) and vests in equal monthly installments over a 36-month period, which commenced
on July 16, 2020, subject to Mr. Leff’s continued service with the Issuer through each applicable vesting date and (ii) an option
that was granted to Mr. Leff on May 12, 2021 and is fully vested. The number of shares reported as being beneficially owned by Deerfield
Management Company, L.P. does not include (i) shares of common stock issuable upon exercise of the 2020 Option to the extent it is unvested
and will not vest within 60 days or (ii) shares of common stock issuable upon exercise of an option granted to Mr. Leff on May 10, 2022
(the “2022 Option”), which is scheduled to vest on the earlier of May 10, 2023 and the date of the Issuer's next annual meeting
of stockholders, in each case, subject to Mr. Leff’s continued service with the Issuer through each applicable vesting date. The
2022 Option is held by Mr. Leff for the benefit, and at the direction, of Deerfield Management Company, L.P. |
SCHEDULE 13D
CUSIP No. 517125100 |
Page
11 of 19 Pages |
1 |
NAMES OF REPORTING PERSONS
James E. Flynn
|
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP*
|
(a) ☐
(b)
☒ |
3 |
SEC USE ONLY
|
|
4 |
SOURCE OF FUNDS
AF
|
|
5 |
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
|
☐ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
|
NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON
WITH |
7 |
SOLE VOTING POWER
0 |
|
8 |
SHARED VOTING POWER
16,963,029 (6)
|
|
9
|
SOLE DISPOSITIVE POWER
0 |
|
10
|
SHARED DISPOSITIVE POWER
16,963,029 (6)
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
16,963,029 (6)
|
|
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES*
|
☐ |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
42.45%
|
|
14 |
TYPE OF REPORTING PERSON
IN
|
|
(6) | | Comprised of (i) an aggregate of 16,941,357 shares of common stock held by Deerfield Private
Design Fund III, L.P., Deerfield Private Design Fund IV, L.P., Deerfield Healthcare Innovations Fund, L.P. and Deerfield Partners, L.P.,
of which Deerfield Management Company, L.P. is the investment manager and (ii) an aggregate of 21,672 shares of common stock issuable
upon exercise of options (the “Leff Options”) held by Jonathan Leff, an employee of Deerfield Management Company, L.P., for
the benefit, and subject to the direction, of Deerfield Management Company, L.P. The Leff Options consist of (i) an option that was granted
to Mr. Leff on July 16, 2020 (the “2020 Option”) and vests in equal monthly installments over a 36-month period, which commenced
on July 16, 2020, subject to Mr. Leff’s continued service with the Issuer through each applicable vesting date and (ii) an option
that was granted to Mr. Leff on May 12, 2021 and is fully vested. The number of shares reported as being beneficially owned by James
E. Flynn does not include (i) shares of common stock issuable upon exercise of the 2020 Option to the extent it is unvested and will
not vest within 60 days or (ii) shares of common stock issuable upon exercise of an option granted to Mr. Leff on May 10, 2022 (the “2022
Option”), which is scheduled to vest on the earlier of May 10, 2023 and the date of the Issuer's next annual meeting of stockholders,
in each case, subject to Mr. Leff’s continued service with the Issuer through each applicable vesting date. The 2022 Option is
held by Mr. Leff for the benefit, and at the direction, of Deerfield Management Company, L.P. Flynn is the sole member of the general
partner of each of Deerfield Mgmt III, L.P., Deerfield Mgmt IV, L.P., Deerfield Mgmt HIF, L.P., Deerfield Mgmt, L.P. and Deerfield Management
Company, L.P. |
This Amendment No. 5 (this
“Amendment”) to Schedule 13D is filed by (i) Deerfield Private Design Fund III, L.P. (“Deerfield Private Design
Fund III”), (ii) Deerfield Healthcare Innovations Fund, L.P. (“Deerfield Healthcare Innovations Fund”), (iii)
Deerfield Private Design Fund IV, L.P. (“Deerfield Private Design Fund IV”), (iv) Deerfield Partners, L.P. (“Deerfield
Partners”), (v) Deerfield Mgmt III, L.P. (“Deerfield Mgmt III”), (vi) Deerfield Mgmt HIF, L.P. (“Deerfield
Mgmt HIF”), (vii) Deerfield Mgmt IV, L.P. (“Deerfield Mgmt IV”), (viii) Deerfield Mgmt, L.P. (“Deerfield
Mgmt”), (ix) Deerfield Management Company, L.P. (“Deerfield Management”) and (x) James E. Flynn (“Flynn”
and, together with Deerfield Private Design Fund III, Deerfield Healthcare Innovations Fund, Deerfield Private Design Fund IV, Deerfield
Partners, Deerfield Mgmt III, Deerfield Mgmt HIF, Deerfield Mgmt IV, Deerfield Mgmt and Deerfield Management, the “Reporting
Persons”), with respect to the securities of Larimar Therapeutics, Inc. (as amended by Amendment No.1, Amendment No. 2, Amendment
No. 3, Amendment No. 4 and this Amendment No. 5, the “Schedule 13D”). Deerfield Private Design Fund III, Deerfield
Healthcare Innovations Fund, Deerfield Private Design Fund IV and Deerfield Partners are collectively referred to herein as the “Funds”.
Capitalized terms used herein
but not otherwise defined herein shall have the meanings ascribed to them in the Schedule 13D.
Item 2. Identity and Background.
Items 2(a), 2(b), 2(c) and 2(f) are hereby
amended and restated in their entirety to read as follows:
(a) This statement is filed by Deerfield Private
Design Fund III, Deerfield Healthcare Innovations Fund, Deerfield Private Design Fund IV, Deerfield Partners, Deerfield Mgmt III, Deerfield
Mgmt HIF, Deerfield Mgmt IV, Deerfield Mgmt, Deerfield Management Company and Flynn as a joint statement pursuant to Rule 13d-1(k) promulgated
under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
(b) The address of the principal business and/or
principal office of the Reporting Persons is 345 Park Avenue, 12th Floor, New York, NY 10010.
(c) Flynn is the managing member of the general
partner of each of Deerfield Mgmt III, Deerfield Mgmt IV, Deerfield Mgmt HIF, Deerfield Mgmt and Deerfield Management Company. Deerfield
Mgmt III is the general partner of Deerfield Private Design Fund III. Deerfield Mgmt IV is the general partner of Deerfield Private Design
Fund IV. Deerfield Mgmt HIF is the general partner of Deerfield Healthcare Innovations Fund. Deerfield Mgmt is the general partner of
Deerfield Partners. Deerfield Management Company is the investment manager of each Fund. Each Fund purchases, holds and sells securities
and other investment products. Schedule A hereto sets forth information regarding persons referred in Instruction C to Schedule 13D
(f) Each of Deerfield Private Design Fund III,
Deerfield Private Design Fund IV, Deerfield Healthcare Innovations Fund, Deerfield Partners, Deerfield Mgmt III, Deerfield Mgmt HIF, Deerfield
Mgmt IV, Deerfield Mgmt and Deerfield Management Company is organized under the laws of the State of Delaware. James E. Flynn is a citizen
of the United States of America.
The Reporting Persons have entered into a Joint
Filing Agreement, a copy of which is attached hereto as Exhibit G.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 of the Schedule 13D is hereby amended
by adding the following:
On September 16, 2022, each Fund purchased 2,777,777
shares of Common Stock (collectively, the “Public Offering Shares”) at a price of $3.15 per share, or an aggregate purchase
price of $8,749,997.55. Each Fund utilized available cash assets to acquire the Public Offering Shares.
Item 4. Purpose of the Transaction.
Item 4 of the Schedule 13D is hereby amended
by adding the following:
Each Fund acquired its Public Offering Shares
for investment purposes in an underwritten offering conducted by the Company (the “Public Offering”) pursuant to the Prospectus
Supplement, dated as of September 13, 2022, to the Issuer’s Prospectus, dated as of September 1, 2020. Prior to the closing of the
Public Offering, on September 13, 2022, representatives of the Reporting Persons indicated to the underwriters in the Public Offering
that the Funds would be interested in purchasing shares of Common Stock in the Public Offering.
Item 5. Interest in Securities of the Issuer.
Items 5(a), 5(b) and 5(c) of the Schedule 13D
are hereby amended and restated in their entirety to read as follows:
(a) |
|
|
|
|
|
|
|
|
(1) |
Deerfield Private Design Fund III |
|
|
|
|
|
|
Number of shares: |
4,721,183 |
|
|
Percentage of shares: |
11.82%* |
|
|
|
|
|
(2) |
Deerfield Healthcare Innovations Fund |
|
|
|
|
|
|
Number of shares: |
4,721,197 |
|
|
Percentage of shares: |
11.82%* |
|
|
|
|
|
(3) |
Deerfield Private Design Fund IV |
|
|
|
|
|
|
Number of shares: |
4,721,200 |
|
|
Percentage of shares: |
11.82%* |
|
|
|
|
|
(4) |
Deerfield Partners |
|
|
|
|
|
|
Number of shares: |
2,777,777 |
|
|
Percentage of shares: |
6.96%* |
|
|
|
|
|
(5) |
Deerfield Mgmt III |
|
|
|
|
|
|
Number of shares: |
4,721,183 (comprised of shares held by Deerfield Private Design Fund III) |
|
|
Percentage of shares: |
11.82%* |
|
|
|
|
|
(6) |
Deerfield Mgmt HIF |
|
|
|
|
|
|
Number of shares: |
4,721,197 (comprised of shares held by Deerfield Healthcare Innovations Fund) |
|
|
Percentage of shares: |
11.82%* |
|
|
|
|
|
(7) |
Deerfield Mgmt IV |
|
|
|
|
|
|
Number of shares: |
4,721,200 (comprised of shares held by Deerfield Private Design Fund) |
|
|
Percentage of shares: |
11.82%* |
|
|
|
|
|
|
|
|
|
(8) |
Deerfield Mgmt |
|
|
|
|
|
|
Number of shares: |
2,777,777 (comprised of shares held by Deerfield Partners) |
|
|
Percentage of shares: |
6.96%* |
|
|
|
|
|
|
|
|
|
(9) |
Deerfield Management |
|
|
|
|
|
|
Number of shares: |
16,963,029 (comprised of shares held by Deerfield Private Design Fund III, Deerfield Private Design Fund IV, Deerfield Healthcare Innovations Fund, Deerfield Partners and shares underlying options held by Jonathan Leff at the direction and for the benefit of Deerfield Management) |
|
|
Percentage of shares: |
42.45%* |
|
|
|
|
|
(10) |
James E. Flynn |
|
|
|
|
|
|
Number of shares: |
16,963,029 (comprised of shares held by Deerfield Private Design Fund III, Deerfield Private Design Fund IV, Deerfield Healthcare Innovations Fund, Deerfield Partners and shares underlying options held by Jonathan Leff at the direction and for the benefit of Deerfield Management) |
|
|
Percentage of shares: |
42.45%* |
*Throughout this report, the percentage of outstanding
Common Stock beneficially owned by the Reporting Persons reflects 39,935,450 shares of Common Stock outstanding as of September 16, 2022,
including shares issued in the Public Offering, based on information set forth in the Prospectus Supplement, dated as of September 13,
2022, filed by the Company with the Securities and Exchange Commission on September 14, 2022.
(b) |
|
|
|
|
|
|
(1) |
Deerfield Private Design Fund III |
|
|
|
|
|
Sole power to vote or direct the vote: 0 |
|
|
Shared power to vote or direct the vote: 4,721,183 |
|
|
Sole power to dispose or to direct the disposition: 0 |
|
|
Shared power to dispose or direct the disposition: 4,721,183 |
|
|
|
|
(2) |
Deerfield Healthcare Innovations Fund |
|
|
|
|
|
Sole power to vote or direct the vote: 0 |
|
|
Shared power to vote or direct the vote: 4,721,197 |
|
|
Sole power to dispose or to direct the disposition: 0 |
|
|
Shared power to dispose or direct the disposition: 4,721,197 |
|
|
|
|
(3) |
Deerfield Private Design Fund IV |
|
|
|
|
|
Sole power to vote or direct the vote: 0 |
|
|
Shared power to vote or direct the vote: 4,721,200 |
|
|
Sole power to dispose or to direct the disposition: 0 |
|
|
Shared power to dispose or direct the disposition: 4,721,200 |
|
|
|
|
(4) |
Deerfield Partners |
|
|
|
|
|
Sole power to vote or direct the vote: 0 |
|
|
Shared power to vote or direct the vote: 2,777,777 |
|
|
Sole power to dispose or to direct the disposition: 0 |
|
|
Shared power to dispose or direct the disposition: 2,777,777 |
|
|
|
|
(5) |
Deerfield Mgmt III |
|
|
|
|
|
Sole power to vote or direct the vote: 0 |
|
|
Shared power to vote or direct the vote: 4,721,183 |
|
|
Sole power to dispose or to direct the disposition: 0 |
|
|
Shared power to dispose or direct the disposition: 4,721,183 |
|
|
|
|
(6) |
Deerfield Mgmt HIF |
|
|
|
|
|
Sole power to vote or direct the vote: 0 |
|
|
Shared power to vote or direct the vote: 4,721,197 |
|
|
Sole power to dispose or to direct the disposition: 0 |
|
|
Shared power to dispose or direct the disposition: 4,721,197 |
|
|
|
|
(7) |
Deerfield Mgmt IV |
|
|
|
|
|
Sole power to vote or direct the vote: 0 |
|
|
Shared power to vote or direct the vote: 4,721,200 |
|
|
Sole power to dispose or to direct the disposition: 0 |
|
|
Shared power to dispose or direct the disposition: 4,721,200 |
|
|
|
|
(8) |
Deerfield Mgmt |
|
|
|
|
|
Sole power to vote or direct the vote: 0 |
|
|
Shared power to vote or direct the vote: 2,777,777 |
|
|
Sole power to dispose or to direct the disposition: 0 |
|
|
Shared power to dispose or direct the disposition: 2,777,777 |
|
(9) |
Deerfield Management |
|
|
|
|
|
Sole power to vote or direct the vote: 0 |
|
|
Shared power to vote or direct the vote: 16,963,029 |
|
|
Sole power to dispose or to direct the disposition: 0 |
|
|
Shared power to dispose or direct the disposition: 16,963,029 |
|
|
|
|
(10) |
James E. Flynn |
|
|
|
|
|
Sole power to vote or direct the vote: 0 |
|
|
Shared power to vote or direct the vote: 16,963,029 |
|
|
Sole power to dispose or to direct the disposition: 0 |
|
|
Shared power to dispose or direct the disposition: 16,963,029 |
James E. Flynn is the managing member of the general
partner of each of Deerfield Mgmt III, Deerfield Mgmt IV, Deerfield Mgmt HIF, Deerfield Mgmt, and Deerfield Management. Deerfield Mgmt
III is the general partner of Deerfield Private Design Fund III. Deerfield Mgmt HIF is the general partner of Deerfield Healthcare Innovations
Fund. Deerfield Mgmt IV is the general partner of Deerfield Private Design Fund IV. Deerfield Mgmt is the general partner of Deerfield
Partners. Deerfield Management is the investment manager of each of Deerfield Private Design Fund III, Deerfield Healthcare Innovations
Fund, Deerfield Private Design Fund IV and Deerfield Partners.
(c) Except as set forth in Item 3 of this Schedule 13D, no Reporting
Person has effected any transactions in the Common Stock during the past 60 days.
| Item 7. | Material to be Filed as Exhibits. |
Item 7 of the Schedule 13D is hereby
amended by adding the following Exhibits
__________________
* Filed herewith.
SIGNATURE
After reasonable inquiry and
to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete
and correct.
Dated: September 16, 2022
|
DEERFIELD PRIVATE DESIGN FUND III, L.P. |
|
By: |
Deerfield Mgmt III, L.P., General Partner |
|
By: |
J.E. Flynn Capital III, LLC, General Partner |
|
|
|
|
By: |
/s/ Jonathan Isler |
|
Name: |
Jonathan Isler |
|
Title: |
Attorney-in-Fact |
|
|
|
|
|
|
|
DEERFIELD HEALTHCARE INNOVATIONS FUND, L.P. |
|
By: |
Deerfield Mgmt HIF, L.P., General Partner |
|
By: |
J.E. Flynn Capital HIF, LLC, General Partner |
|
|
|
|
By: |
/s/ Jonathan Isler |
|
|
Jonathan Isler, Attorney-In-Fact |
|
|
|
|
|
|
|
DEERFIELD PRIVATE DESIGN FUND IV, L.P. |
|
By: |
Deerfield Mgmt IV, L.P., General Partner |
|
By: |
J.E. Flynn Capital IV, LLC, General Partner |
|
|
|
|
By: |
/s/ Jonathan Isler |
|
Name: |
Jonathan Isler |
|
Title: |
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 |
|
Name: |
Jonathan Isler |
|
Title: |
Attorney-in-Fact |
|
|
|
|
DEERFIELD MGMT, L.P. |
|
By: |
J.E. Flynn Capital, LLC, General Partner |
|
|
|
|
By: |
/s/ Jonathan Isler |
|
Name: |
Jonathan Isler |
|
Title: |
Attorney-in-Fact |
|
DEERFIELD MGMT III, L.P. |
|
By: |
J.E. Flynn Capital III, LLC, General Partner |
|
|
|
|
By: |
/s/ Jonathan Isler |
|
Name: |
Jonathan Isler |
|
Title: |
Attorney-in-Fact |
|
|
|
|
|
|
|
DEERFIELD MGMT HIF, L.P. |
|
By: |
J.E. Flynn Capital HIF, LLC, General Partner |
|
|
|
|
By: |
/s/ Jonathan Isler |
|
|
Jonathan Isler, Attorney-in-Fact |
|
|
|
|
|
|
|
DEERFIELD MGMT IV, L.P. |
|
By: |
J.E. Flynn Capital IV, LLC, General Partner |
|
|
|
|
By: |
/s/ Jonathan Isler |
|
Name: |
Jonathan Isler |
|
Title: |
Attorney-in-Fact |
|
|
|
|
|
|
|
DEERFIELD MANAGEMENT COMPANY, L.P. |
|
By: |
Flynn Management LLC, General Partner |
|
|
|
|
By: |
/s/ Jonathan Isler |
|
Name: |
Jonathan Isler |
|
Title: |
Attorney-in-Fact |
|
|
|
|
|
|
|
JAMES E. FLYNN |
|
|
|
|
/s/ Jonathan Isler |
|
Jonathan Isler, Attorney-in-Fact |
Schedule A
Schedule A to the Schedule 13D is hereby amended
to add the following:
General Partner of Deerfield Mgmt, L.P.
The general partner of Deerfield Mgmt is J.E.
Flynn Capital IV, LLC. The address of the principal business and/or principal office of Deerfield Mgmt and J.E. Flynn Capital IV, LLC
is 780 Third Avenue, 37th Floor, New York, New York 10017.
General Partner of Deerfield Partners, L.P.
The general partner of Deerfield Partners is Deerfield
Mgmt. The address of the principal business and/or principal office of Deerfield Mgmt and Deerfield Partners is 780 Third Avenue, 37th
Floor, New York, New York 10017.