OPKO Health Files 13D/A Amendment on GeneDx Holdings Corp.

Ticker: OPK · Form: SC 13D/A · Filed: Aug 23, 2024 · CIK: 944809

Opko Health, INC. SC 13D/A Filing Summary
FieldDetail
CompanyOpko Health, INC. (OPK)
Form TypeSC 13D/A
Filed DateAug 23, 2024
Risk Levelmedium
Pages4
Reading Time5 min
Key Dollar Amounts$0.0001, $33.00, $35.9175, $10,632,473, $26.4607
Sentimentneutral

Sentiment: neutral

Topics: ownership-change, sec-filing, amendment

TL;DR

OPKO Health updated its 13D filing for GeneDx Holdings Corp. - ownership changes incoming.

AI Summary

OPKO Health, Inc. has filed an amendment to its Schedule 13D, indicating a change in its beneficial ownership of GeneDx Holdings Corp. as of August 23, 2024. The filing details OPKO Health's holdings and intentions regarding GeneDx, a company formerly known as Sema4 Holdings Corp. and CM Life Sciences, Inc.

Why It Matters

This filing provides insight into the ownership structure and potential strategic moves of OPKO Health concerning GeneDx Holdings Corp., which could impact investors in both companies.

Risk Assessment

Risk Level: medium — Schedule 13D filings often signal significant changes in a company's ownership or strategic direction, which can introduce volatility and risk for investors.

Key Players & Entities

FAQ

What is the primary purpose of this SC 13D/A filing by OPKO Health, Inc.?

The filing is an amendment to Schedule 13D, indicating a change in the beneficial ownership of GeneDx Holdings Corp. by OPKO Health, Inc. as of August 23, 2024.

What is the Central Index Key (CIK) for OPKO Health, Inc.?

The CIK for OPKO Health, Inc. is 0000944809.

What is the Central Index Key (CIK) for GeneDx Holdings Corp.?

The CIK for GeneDx Holdings Corp. is 0001818331.

What were the former names of GeneDx Holdings Corp. mentioned in the filing?

The filing states that GeneDx Holdings Corp. was formerly known as Sema4 Holdings Corp. (name change on 20210721) and prior to that, CM Life Sciences, Inc. (name change on 20200715).

What is the business address for OPKO Health, Inc. as listed in the filing?

The business address for OPKO Health, Inc. is 4400 BISCAYNE BLVD., MIAMI, FL 33137.

Filing Stats: 1,180 words · 5 min read · ~4 pages · Grade level 7.2 · Accepted 2024-08-23 17:33:46

Key Financial Figures

Filing Documents

is amended by adding the following paragraph to the end of the item

Item 4 is amended by adding the following paragraph to the end of the item: In a series of transactions between August 13, 2024 and August 23, 2024, OPKO sold a total of 309,637 shares of GeneDx Common Stock on the open market at prices ranging from $33.00 to $35.9175 per share for an aggregate sale price of approximately $10,632,473. ITEM 5. Interest in Securities of the Issuer.

is deleted in its entirety and replaced with the following text

Item 5 is deleted in its entirety and replaced with the following text: (a) The Company's beneficial ownership of GeneDx Common Stock is as set forth in the table below: Name and Title of Beneficial Owner Number of Outstanding Shares Beneficially Owned Percentage of Outstanding Common Shares (1) OPKO Health, Inc. 2,502,146 9.29% ______________ (1) Based on 26,935,897 shares of GeneDx Common Stock of the Issuer outstanding on July 22, 2024, as set forth in the Issuer's Form 10-Q filed with the SEC on July 30, 2024. (b) Items 7-10, inclusive, set forth on the cover page to this Amendment are hereby incorporated by reference in this Item 5. (c) In the last 60 days prior to the filing of this Amendment No. 6, OPKO sold a total of 1,056,457 shares of GeneDx Common Stock on the open market at prices ranging from $26.4607 to $35.9175 per share for an aggregate sale price of approximately $34,703,115. Sales of GeneDx Common Stock prior to August 13, 2024 were previously reported in Amendment No. 4 and Amendment No. 5. The following table sets forth the information with regard to GeneDx Common Stock sold by OPKO on the open market in the last 60 days. Date Shares of Common Stock Aggregate Purchase Price Weighted Price Per Share 7/1/24 50,000 $ 1,331,669 $ 26.6340 7/2/24 25,000 $ 728,095 $ 29.1238 7/3/24 14,082 $ 397,491 $ 28.2269 7/5/24 36,118 $ 1,020,015 $ 28.2412 7/17/24 25,000 $ 823,187 $ 32.9275 7/19/24 25,000 $ 807,250 $ 32.29 7/22/24 50,000 $ 1,630,422 $ 32.6088 7/23/24 75,000 $ 2,509,248 $ 33.4566 7/24/24 75,000 $ 2,529,102 $ 33.7214 7/26/24 60,000 $ 2,031,255 $ 33.8543 CUSIP No. 81663L200 Schedule 13D PAGE 4 of 5 7/29/24 50,000 $ 1,692,890 $ 33.8578 7/31/24 88,839 $ 2,976,350 $ 33.5027 8/6/24 12,994 $ 381,427 $ 29.3541 8/8/24 100,000 $ 3.182.380 $ 31.8238 8/12/24 59,787 $ 2,029,811 $ 33.9507

SIGNATURES

SIGNATURES 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. OPKO Health, Inc. Dated: August 23, 2024 By: /s/ Steven D. Rubin Name: Steven D. Rubin Title: Executive Vice President - Administration

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