Rothberg Amends Butterfly Network Stake

TL;DR

Rothberg filed an amendment for Butterfly Network (BFLY) - ownership change details to follow.

AI Summary

Jonathan M. Rothberg, Ph.D. has amended his Schedule 13D filing regarding Butterfly Network, Inc. as of August 30, 2024. The filing indicates a change in beneficial ownership, though specific new holdings or percentage changes are not detailed in this excerpt. Rothberg is associated with the company's address in Burlington, MA.

Why It Matters

Changes in beneficial ownership filings like this can signal shifts in control or significant investor sentiment towards a company, potentially impacting its stock price.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings can indicate significant changes in a major shareholder's position, which may lead to increased volatility.

Key Players & Entities

• Jonathan M. Rothberg, Ph.D. (person) — Filing party and beneficial owner
• Butterfly Network, Inc. (company) — Subject company
• 4C HOLDINGS I, LLC (company) — Group member
• 4C HOLDINGS II, LLC (company) — Group member
• 4C HOLDINGS III, LLC (company) — Group member
• 4C HOLDINGS IV, LLC (company) — Group member
• 4C HOLDINGS V, LLC (company) — Group member
• Longview Acquisition Corp. (company) — Former company name

FAQ

Key Financial Figures

• $0.0001 — suer) Class A common stock, par value $0.0001 per share Class B common stock, par v
• $0.9751 — party of the registrant, at a price of $0.9751 per share. Item 6. Contracts, Arrangem

Filing Documents

• tm2423101d2_sc13da.htm (SC 13D/A) — 86KB
• 0001104659-24-095588.txt ( ) — 87KB

Security and Issuer

Item 1. Security and Issuer. There are no changes to the Item 1 information previously filed.

Identity

Item 2. Identity and Background.

sections (a), (c) and (f) of the Schedule 13D are hereby amended

Item 2 sections (a), (c) and (f) of the Schedule 13D are hereby amended and restated in their entirety below: (a) This Statement is being filed on behalf of (i) Jonathan M. Rothberg, Ph.D., (ii) 4C Holdings I, LLC, (iii) 4C Holdings II, LLC, (iv) 4C Holdings III, LLC, (v) 4C Holdings IV, LLC, and (vi) 4C Holdings V, LLC (together, the “Reporting Persons”). Each Reporting Person disclaims beneficial ownership of all securities reported in this Statement except to the extent of such Reporting Person’s pecuniary interest therein, other than those securities reported herein as being held directly by such Reporting Person. (c) Dr. Jonathan Rothberg is the founder of Legacy Butterfly (defined below) and Chairman of the Issuer. He is the sole manager of 4C Holdings I, LLC, 4C Holdings II, LLC, 4C Holdings III, LLC, 4C Holdings IV, LLC, and 4C Holdings V, LLC. (f) Dr. Jonathan Rothberg is a citizen of the United States of America. Each of 4C Holdings I, LLC, 4C Holdings II, LLC, 4C Holdings III, LLC, 4C Holdings IV, LLC, and 4C Holdings V, LLC is a limited liability company organized under the laws of Delaware.

Source

Item 3. Source and Amount of Funds or Other Consideration. There are no changes to the Item 3 information previously filed.

Purpose

Item 4. Purpose of Transaction.

of the Schedule 13D is hereby amended and supplemented by adding

Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following: On August 28, 2024, entities owned by trusts created for the benefit of Dr. Jonathan Rothberg’s children terminated, effective as of 6:00 a.m. ET on August 28, 2024, the Rule 10b5-1 trading plan. No sales were made under the Rule 10b5-1 trading plan and no sales will occur under the Rule 10b5-1 trading plan after its termination.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer.

(c) of the Schedule

Item 5(c) of the Schedule 13D is hereby amended and supplemented by adding the following: (c) On August 28, 2024, 1997 JMR Trust Common, LLC sold 952,277 shares of Class A common stock for estate planning purposes in a direct sale to an affiliated party of the registrant, at a price of $0.9751 per share.

Contracts,

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. There are no changes to the Item 6 information previously filed.

Material

Item 7. Material to be Filed as Exhibits. There are no changes to the Item 7 information previously filed. SIGNATURE After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned hereby certifies that the information set forth in this statement is true, complete and correct. Dated: August 30, 2024 /s/ Jonathan M. Rothberg Jonathan M. Rothberg, Ph.D. 4C Holdings I, LLC By: /s/ Jonathan M. Rothberg Name: Jonathan M. Rothberg, Ph.D. Title: Manager 4C Holdings II, LLC By: /s/ Jonathan M. Rothberg Name: Jonathan M. Rothberg, Ph.D. Title: Manager 4C Holdings III, LLC By: /s/ Jonathan M. Rothberg Name: Jonathan M. Rothberg, Ph.D. Title: Manager 4C Holdings IV, LLC By: /s/ Jonathan M. Rothberg Name: Jonathan M. Rothberg, Ph.D. Title: Manager 4C Holdings V, LLC By: /s/ Jonathan M. Rothberg Name: Jonathan M. Rothberg, Ph.D. Title: Manager

View Full Filing

View this SC 13D/A filing on SEC EDGAR