Deerfield Management Adjusts BiomX Inc. Stake
Ticker: PHGE · Form: SC 13D/A · Filed: May 30, 2024 · CIK: 1739174
| Field | Detail |
|---|---|
| Company | Biomx Inc. (PHGE) |
| Form Type | SC 13D/A |
| Filed Date | May 30, 2024 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 10 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-activity, amendment, institutional-investor
Related Tickers: BMRX
TL;DR
Deerfield updated their BiomX filing, likely adjusting their significant stake.
AI Summary
Deerfield Management Company, L.P. and its affiliates, including Deerfield Healthcare Innovations Fund II, L.P., have amended their Schedule 13D filing for BiomX Inc. as of May 30, 2024. The filing indicates a change in beneficial ownership, though specific new holdings or changes in percentage are not detailed in this excerpt. The group previously held a significant stake and this amendment likely reflects ongoing management or adjustments to their investment strategy in BiomX Inc.
Why It Matters
This filing signals potential shifts in major shareholder positions, which can influence BiomX's strategic direction and stock performance.
Risk Assessment
Risk Level: medium — Changes in holdings by major institutional investors can indicate shifts in confidence or strategy, impacting the stock.
Key Players & Entities
- Deerfield Management Company, L.P. (company) — Filing entity and investment manager
- BiomX Inc. (company) — Subject company
- Deerfield Healthcare Innovations Fund II, L.P. (company) — Affiliated entity of Deerfield Management
- David Clark (person) — Associated with Deerfield Management Company, L.P.
FAQ
What specific changes in beneficial ownership are detailed in this amendment?
This excerpt does not specify the exact changes in beneficial ownership or the new percentage of shares held by Deerfield Management and its affiliates.
What is the primary purpose of this SC 13D/A filing?
The filing is an amendment to a Schedule 13D, indicating a change in the beneficial ownership of BiomX Inc. by Deerfield Management Company, L.P. and its group members.
Who are the group members listed in the filing?
The group members include Deerfield Healthcare Innovations Fund II, L.P., Deerfield Management Company, L.P., Deerfield Mgmt Hif II, L.P., Deerfield Mgmt V, L.P., and Deerfield Private Design Fund V, L.P.
What is the CUSIP number for BiomX Inc. common stock?
The CUSIP number for BiomX Inc. common stock is 09090D103.
When was the previous company name for BiomX Inc. changed?
BiomX Inc. was formerly known as Chardan Healthcare Acquisition Corp., and the name change date was April 30, 2018.
Filing Stats: 2,401 words · 10 min read · ~8 pages · Grade level 8.8 · Accepted 2024-05-30 19:26:31
Key Financial Figures
- $0.0001 — ame of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti
Filing Documents
- e663672_sc13da-biomx.htm (SC 13D/A) — 120KB
- 0001193805-24-000728.txt ( ) — 121KB
Interest
Item 5. Interest in Securities of the Issuer. Items 5(a), (b) and (c) of the Schedule 13D hereby amended and restated in their entirety as follows: (1) Deerfield Mgmt V, L.P. Number of shares: 3,055,049 (comprised of shares held by Deerfield Private Design Fund V, L.P.) Percentage of Shares: 4.38 %* (2) Deerfield Private Design Fund V, L.P. Number of shares: 3,055,049 Percentage of Shares: 4.38 %* (3) Deerfield Mgmt HIF II, L.P., L.P. Number of shares: 3,055,049 (comprised of shares held by Deerfield Healthcare Innovations Fund II, L.P.) Percentage of Shares: 4.38 %* (4) Deerfield Healthcare Innovations Fund II, L.P. Number of shares: 3,055,049 Percentage of Shares: 4.38 %* (5) Deerfield Management Number of shares: 6,110,098 (comprised of shares held by Deerfield Private Design Fund V, L.P. and Deerfield Healthcare Innovations Fund II, L.P.) Percentage of Shares: 8.75 %* (6) Flynn Number of shares: 6,110,098 (comprised of shares held by Deerfield Private Design Fund V, L.P. and Deerfield Healthcare Innovations Fund II, L.P.) Percentage of Shares: 8.75 %* *Throughout this report, the percentage of outstanding shares of Common Stock beneficially owned by the Reporting Persons reflects 69,806,440 shares of Common Stock outstanding as of May 23, 2024, as set forth in the Company’s preliminary proxy statement filed with the Securities and Exchange Commission on May 28, 2024. (b) (1) Deerfield Mgmt V, L.P. Sole power to vote or direct the vote: 0 Shared power to vote or direct the vote: 3,055,049 Sole power to dispose or to direct the disposition: 0 Shared power to dispose or direct the disposition: 3,055,049 CUSIP No. 09090D103 9 of 10 Pages (2) Deerfield Private Design Fund V, L.P. Sole power to vote or direct the vote: 0 Shared power to vote or direct the vote: 3,055,049 Sole power to dispose or to direct the disposition: 0 Shared power to dispose or direct the disposition: 3,055,049 (3) Deerfield Mgmt HIF II, L.P. S