SC 13G/A: MYRIAD GENETICS INC
Ticker: MYGN · Form: SC 13G/A · Filed: Feb 14, 2024 · CIK: 899923
| Field | Detail |
|---|---|
| Company | Myriad Genetics Inc (MYGN) |
| Form Type | SC 13G/A |
| Filed Date | Feb 14, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by MYRIAD GENETICS INC.
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G/A filing submitted by Myriad Genetics Inc (ticker: MYGN) to the SEC on Feb 14, 2024.
What is the risk level of this SC 13G/A filing?
This filing has been assessed as low risk.
What are the key financial figures in this filing?
Key dollar amounts include: $0.01 (Inc. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class o).
How long is this filing?
Myriad Genetics Inc's SC 13G/A filing is 6 pages with approximately 1,767 words. Estimated reading time is 7 minutes.
Where can I view the full SC 13G/A filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 1,767 words · 7 min read · ~6 pages · Grade level 11.7 · Accepted 2024-02-14 16:47:48
Key Financial Figures
- $0.01 — Inc. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class o
Filing Documents
- sayw24021425_13ga.htm (SC 13G/A) — 94KB
- 0000905148-24-000728.txt ( ) — 95KB
(b)
Item 1(b). Address of Issuer's Principal Executive Offices: 322 North 2200 West, Salt Lake City, UT 84116
(a)
Item 2(a). Name of Person Filing: This Statement is filed on behalf of each of the following persons (collectively, the "Reporting Persons"): i) Glenview Capital Management, LLC ("Glenview Capital Management"); and ii) Larry Robbins ("Mr. Robbins"). This Statement relates to Shares (as defined herein) held for the accounts of Glenview Capital Partners, L.P., a Delaware limited partnership ("Glenview Capital Partners"), Glenview Capital Master Fund, Ltd., a Cayman Islands exempted company ("Glenview Capital Master Fund"), Glenview Capital Opportunity Fund, L.P., a Delaware limited partnership ("Glenview Capital Opportunity Fund"), Glenview Offshore Opportunity Master Fund, Ltd., a Cayman Islands exempted company ("Glenview Offshore Opportunity Master Fund"), and Glenview Healthcare Master Fund, L.P., a Cayman Islands limited partnership ("Glenview Healthcare Master Fund"). Glenview Capital Management serves as investment manager to each of Glenview Capital Partners, Glenview Capital Master Fund, Glenview Capital Opportunity Fund, Glenview Offshore Opportunity Master Fund, and Glenview Healthcare Master Fund. Mr. Robbins is the Chief Executive Officer of Glenview Capital Management.
(b)
Item 2(b). Address of Principal Business Office or, if None, Residence: The address of the principal business office of each of Glenview Capital Management and Mr. Robbins is 767 Fifth Avenue, 44th Floor, New York, New York 10153.
(c)
Item 2(c). Citizenship: i) Glenview Capital Management is a Delaware limited liability company; ii) Mr. Robbins is a citizen of the United States of America.
(d)
Item 2(d). Title of Class of Securities: Common Stock, $0.01 par value per share (the "Shares")
(e)
Item 2(e). CUSIP Number: 62855J104 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: This Item 3 is not applicable. CUSIP No. 62855J104 Page 5 of 9 Pages Item 4.
(a)
Item 4(a). Amount Beneficially Owned: As of December 31, 2023, each of Glenview Capital Management and Mr. Robbins may be deemed the beneficial owner of 5,283,982 Shares. This amount consists of: (A) 218,988 Shares held for the account of Glenview Capital Partners; (B) 2,178,344 Shares held for the account of Glenview Capital Master Fund; (C) 1,977,063 Shares held for the account of Glenview Capital Opportunity Fund; (D) 686,519 Shares held for the account of Glenview Offshore Opportunity Master Fund; and (E) 223,068 Shares held for the account of Glenview Healthcare Master Fund.
(b)
Item 4(b). Percent of Class: As of December 31, 2023, each of the Reporting Persons may be deemed the beneficial owner of approximately 5.97% of Shares outstanding. (There were 88,535,001 Shares outstanding upon closing of the Issuer's follow-on underwritten offering on November 13, 2023, as reported in the Issuer's prospectus supplement on Form 424B5 filed on November 13, 2023.)
(c)
Item 4(c). Number of Shares as to Which Such Person has: Glenview Capital Management and Mr. Robbins: (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or direct the vote: 5,283,982 (iii) Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or direct the disposition of: 5,283,982 Item 5. This Item 5 is not applicable. Item 6. See disclosure in Items 2 and 4 hereof. Certain funds listed in Item 2(a) are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares covered by this Statement that may be deemed to be beneficially owned by the Reporting Persons. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person: See disclosure in Item 2 hereof. Item 8. Identification and Classification of Members of the Group: This Item 8 is not applicable. Item 9. Notice of Dissolution of Group: This Item 9 is not applicable. Item 10. Certification: 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. 62855J104 Page 6 of 9 Pages 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. GLENVIEW CAPITAL MANAGEMENT, LLC By: /s/ Mark J. Horowitz Mark J. Horowitz Co-President of Glenview Capital Manag