UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)
HOOKIPA Pharma Inc.
(Name of Issuer)
Common Stock, $0.0001 par value
(Title of Class of Securities)
43906K100
(CUSIP Number)
| December 31, 2021 |
| (Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
x Rule 13d-1(b)
¨ Rule 13d-1(c)
¨ 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. 43906K100
| 1 |
Name of Reporting Person
Redmile Group, LLC |
| 2 |
Check the Appropriate Box if a Member of a Group (See Instructions)
(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
2,772,136(1)
| |
| 7 |
Sole Dispositive Power
0 | |
| 8 |
Shared Dispositive Power
2,772,136(1)
|
| 9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
2,772,136(1)
|
| 10 |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
| 11 |
Percent of Class Represented by Amount in Row (9)
9.9%(2)
|
| 12 |
Type of Reporting Person (See Instructions)
IA, OO |
(1) Redmile Group, LLC’s beneficial ownership of the Issuer’s common stock (“Common Stock”) is comprised of 2,385,136 shares of Common Stock owned by certain private investment vehicles and/or separately managed accounts managed by Redmile Group, LLC (collectively, the “Redmile Funds”), which shares of Common Stock may be deemed beneficially owned by Redmile Group, LLC as investment manager of the Redmile Funds. The reported securities may also be deemed beneficially owned by Jeremy C. Green as the principal of Redmile Group, LLC. Redmile Group, LLC and Mr. Green each disclaim beneficial ownership of these shares, except to the extent of its or his pecuniary interest in such shares, if any. Subject to the Beneficial Ownership Blocker (as defined below), Redmile Group, LLC may also be deemed to beneficially own an aggregate of 1,327 shares of Series A Convertible Preferred Stock (“Series A Preferred Stock”), which are convertible into an aggregate of 1,327,000 shares of Common Stock. Pursuant to the Certificate of Designation of Preferences, Rights and Limitations of Series A Convertible Preferred Stock (the “Certificate of Designation”), the Issuer may not effect any conversion of the Series A Preferred Stock, and a holder of the Series A Preferred Stock does not have the right to convert any portion of the Series A Preferred Stock held by such holder, to the extent that, after giving effect to the attempted conversion set forth in a notice of conversion, such holder, together with such holder’s affiliates and any other person whose beneficial ownership of Common Stock would be aggregated with such holder’s for purposes of Section 13(d) or Section 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the applicable regulations of the Securities and Exchange Commission (the “SEC”), including any “group” of which such holder is a member, would beneficially own a number of shares of Common Stock in excess of the Beneficial Ownership Limitation (the “Beneficial Ownership Blocker”). The “Beneficial Ownership Limitation” is 9.99% of the shares of Common Stock then issued and outstanding, which percentage may be changed at a holder’s election upon 61 days’ notice to the Issuer. The 2,772,136 shares of Common Stock reported as beneficially owned by Mr. Green in this Schedule 13G represents 9.99% of the outstanding shares of Common Stock (calculated in accordance with footnote (2) below).
(2) Percentage based on (i) 26,139,143 shares of Common Stock outstanding as of November 2, 2021, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2021 filed with the Securities and Exchange Commission on November 10, 2021 (the “Form 10-Q”) plus (ii) 1,226,000 shares of Common Stock issued to certain Redmile Funds upon conversion of 1,226 shares of Series A Preferred Stock in December 2021 plus (iii) 387,000 shares of Common Stock issuable upon conversion of 387 shares of Series A Preferred Stock, which, due to the Beneficial Ownership Limitation, is the maximum number of shares of Series A Preferred Stock that could be converted to Common Stock.
CUSIP No. 43906K100
| 1 |
Name of Reporting Person
Jeremy C. Green |
| 2 |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ¨
(b) ¨ |
| 3 | SEC Use Only
|
|
4 |
Citizenship or Place of Organization
United Kingdom |
|
number of shares beneficially owned by each reporting person with
|
5 |
Sole Voting Power
0
|
| 6 |
Shared Voting Power
2,772,136(3)
| |
| 7 |
Sole Dispositive Power
0 | |
| 8 |
Shared Dispositive Power
2,772,136(3)
|
| 9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
2,772,136(3)
|
| 10 |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
| 11 |
Percent of Class Represented by Amount in Row (9)
9.9%(4)
|
| 12 |
Type of Reporting Person (See Instructions)
IN, HC
|
(3) Jeremy C. Green’s beneficial ownership of Common Stock is comprised of 2,385,136 shares of Common Stock owned by the Redmile Funds, which shares of Common Stock may be deemed beneficially owned by Redmile Group, LLC as investment manager of the Redmile Funds. The reported securities may also be deemed beneficially owned by Jeremy C. Green as the principal of Redmile Group, LLC. Redmile Group, LLC and Mr. Green each disclaim beneficial ownership of these shares, except to the extent of its or his pecuniary interest in such shares, if any. Subject to the Beneficial Ownership Blocker, Mr. Green may also be deemed to beneficially own an aggregate of 1,327 shares of Series A Preferred Stock, which are convertible into an aggregate of 1,327,000 shares of Common Stock. Pursuant to the Certificate of Designation, the Issuer may not effect any conversion of the Series A Preferred Stock, and a holder of the Series A Preferred Stock does not have the right to convert any portion of the Series A Preferred Stock held by such holder, if the Beneficial Ownership Blocker applies. The 2,772,136 shares of Common Stock reported as beneficially owned by Mr. Green in this Schedule 13G represents 9.99% of the outstanding shares of Common Stock (calculated in accordance with footnote (4) below).
(4) Percentage based on (i) 26,139,143 shares of Common Stock outstanding as of November 2, 2021, as reported by the Issuer in its Form 10-Q plus (ii) 1,226,000 shares of Common Stock issued to certain Redmile Funds upon conversion of 1,226 shares of Series A Preferred Stock in December 2021 plus (iii) 387,000 shares of Common Stock issuable upon conversion of 387 shares of Series A Preferred Stock, which, due to the Beneficial Ownership Limitation, is the maximum number of shares of Series A Preferred Stock that could be converted to Common Stock.
Item 1.
| (a) | Name of Issuer |
HOOKIPA Pharma Inc.
| (b) | Address of Issuer’s Principal Executive Offices |
350 Fifth Avenue, 72nd Floor, Suite 7240
New York, New York 10118
Item 2.
| (a) | Names of Persons Filing |
Redmile Group, LLC
Jeremy C. Green
| (b) | Address of Principal Business office or, if None, Residence |
Redmile Group, LLC
One Letterman Drive
Building D, Suite D3-300
The Presidio of San Francisco
San Francisco, California 94129
Jeremy C. Green
c/o Redmile Group, LLC
One Letterman Drive
Building D, Suite D3-300
The Presidio of San Francisco
San Francisco, California 94129
| (c) | Citizenship |
Redmile Group, LLC: Delaware
Jeremy C. Green: United Kingdom
| (d) | Title of Class of Securities |
Common Stock, $0.0001 par value
| (e) | CUSIP Number |
43906K100
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) | ¨ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); | |
| (b) | ¨ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); | |
| (c) | ¨ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); | |
| (d) | ¨ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); | |
| (e) | x | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); | |
| (f) | ¨ | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); | |
| (g) | x | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); | |
| (h) | ¨ | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
| (i) | ¨ | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |
| (j) | ¨ | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); |
| (k) | ¨ | Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: |
| Item 4. | Ownership. |
| (a) | Amount beneficially owned: |
Redmile Group, LLC – 2,772,136 *
Jeremy C. Green – 2,772,136 *
| (b) | Percent of class: |
Redmile Group, LLC – 9.9%**
Jeremy C. Green – 9.9%**
| (c) | Number of shares as to which Redmile Group, LLC has: |
| (i) | Sole power to vote or to direct the vote: |
0
| (ii) | Shared power to vote or to direct the vote: |
2,772,136 *
| (iii) | Sole power to dispose or to direct the disposition of: |
0
| (iv) | Shared power to dispose or to direct the disposition of: |
2,772,136 *
Number of shares as to which Jeremy C. Green has:
| (i) | Sole power to vote or to direct the vote: |
0
| (ii) | Shared power to vote or to direct the vote: |
2,772,136 *
| (iii) | Sole power to dispose or to direct the disposition of: |
0
| (iv) | Shared power to dispose or to direct the disposition of: |
2,772,136 *
| * | Redmile Group, LLC’s and Jeremy C. Green’s beneficial ownership of Common Stock is comprised of 2,385,136 shares of Common Stock owned by the Redmile Funds, which shares of Common Stock may be deemed beneficially owned by Redmile Group, LLC as investment manager of the Redmile Funds. The reported securities may also be deemed beneficially owned by Jeremy C. Green as the principal of Redmile Group, LLC. Redmile Group, LLC and Mr. Green each disclaim beneficial ownership of these shares, except to the extent of its or his pecuniary interest in such shares, if any. Subject to the Beneficial Ownership Blocker, Redmile Group, LLC and Mr. Green may also be deemed to beneficially own an aggregate of 1,327 shares of Series A Preferred Stock, which are convertible into an aggregate of 1,327,000 shares of Common Stock. Pursuant to the Certificate of Designation, the Issuer may not effect any conversion of the Series A Preferred Stock, and a holder of the Series A Preferred Stock does not have the right to convert any portion of the Series A Preferred Stock held by such holder, if the Beneficial Ownership Blocker applies. The 2,772,136 shares of Common Stock reported as beneficially owned by Redmile Group, LLC and Mr. Green in this Schedule 13G represents 9.99% of the outstanding shares of Common Stock. |
| ** | Percentage based on (i) 26,139,143 shares of Common Stock outstanding as of November 2, 2021, as reported by the Issuer in its Form 10-Q plus (ii) 1,226,000 shares of Common Stock issued to certain Redmile Funds upon conversion of 1,226 shares of Series A Preferred Stock in December 2021 plus (iii) 387,000 shares of Common Stock issuable upon conversion of 387 shares of Series A Preferred Stock, which, due to the Beneficial Ownership Limitation, is the maximum number of shares of Series A Preferred Stock that could be converted to Common Stock. |
| 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 ¨
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
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. |
N/A
| Item 8. | Identification and Classification of Members of the Group. |
N/A
| Item 9. | Notice of Dissolution of Group. |
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.
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 14, 2022
| Redmile Group, LLC | |||
| By: | /s/ Jeremy C. Green | ||
| Name: | Jeremy C. Green | ||
| Title: | Managing Member | ||
| /s/ Jeremy C. Green | ||
| Jeremy C. Green |
Exhibit 99.1
Joint Filing Agreement
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the undersigned hereby agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto, the “Schedule 13G”) relating to the Common Stock, $0.0001 par value per share, of HOOKIPA Pharma Inc., which may be deemed necessary pursuant to Regulation 13D or 13G promulgated under the Exchange Act.
The undersigned further agree that each party hereto is responsible for the timely filing of the Schedule 13G, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has a reason to believe that such information is inaccurate.
It is understood and agreed that a copy of this Joint Filing Agreement shall be attached as an exhibit to the Schedule 13G, filed on behalf of each of the parties hereto.
IN WITNESS WHEREOF, each of the undersigned has executed this Joint Filing Agreement as of the 14th day of February, 2022.
| REDMILE GROUP, LLC | |
| /s/ Jeremy C. Green | |
| Name: Jeremy C. Green | |
| Title: Managing Member | |
| /s/ Jeremy C. Green | |
| JEREMY C. Green | |