Lightspeed Venture Partners Amends Personalis Stake Filing
Ticker: PSNL · Form: SC 13D/A · Filed: Jun 28, 2024 · CIK: 1527753
| Field | Detail |
|---|---|
| Company | Personalis, Inc. (PSNL) |
| Form Type | SC 13D/A |
| Filed Date | Jun 28, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, ownership-change, filing
Related Tickers: PSNL
TL;DR
Lightspeed Venture Partners filed an amendment to their Personalis stake, watch for changes.
AI Summary
On June 28, 2024, Lightspeed Venture Partners VIII LP and associated entities filed an SC 13D/A amendment regarding their holdings in Personalis, Inc. The filing indicates a change in beneficial ownership, with Arif Janmohamed, Barry Eggers, Peter Y. Nieh, and Ravi Mhatre listed as group members. The filing does not specify a dollar amount or a precise date for the change, but it is an amendment to a previous filing.
Why It Matters
This filing signals a potential shift in control or strategy for Personalis, Inc. as a significant investor updates its beneficial ownership information.
Risk Assessment
Risk Level: medium — Amendments to 13D filings can indicate significant changes in a major shareholder's intentions, potentially impacting stock price.
Key Players & Entities
- Lightspeed Venture Partners VIII LP (company) — Filing entity
- Personalis, Inc. (company) — Subject company
- Arif Janmohamed (person) — Group member
- Barry Eggers (person) — Group member
- Peter Y. Nieh (person) — Group member
- Ravi Mhatre (person) — Group member
FAQ
What specific change in beneficial ownership is being reported by Lightspeed Venture Partners VIII LP and its group members for Personalis, Inc.?
The filing is an amendment (SC 13D/A) and indicates a change in beneficial ownership, but the specific details of the change (e.g., number of shares acquired or disposed of) are not explicitly stated in the provided header information.
Who are the other named group members associated with Lightspeed Venture Partners VIII LP in this filing?
The other named group members include Arif Janmohamed, Barry Eggers, Peter Y. Nieh, and Ravi Mhatre, along with various Lightspeed entities.
What is the primary business of Personalis, Inc.?
Personalis, Inc. is in the 'SERVICES-MEDICAL LABORATORIES' sector, with SIC code 8071.
On what date was this SC 13D/A filing made?
The filing was made on June 28, 2024.
What is the business address of Personalis, Inc.?
The business address of Personalis, Inc. is 6600 Dumbarton Circle, Fremont, CA 94555.
Filing Stats: 4,726 words · 19 min read · ~16 pages · Grade level 12.6 · Accepted 2024-06-28 16:01:17
Key Financial Figures
- $0.0001 — ame of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securitie
Filing Documents
- ef20031855_sc13da.htm (SC 13D/A) — 481KB
- ef20031855_ex99-4.htm (EX-99.4) — 37KB
- 0001140361-24-031739.txt ( ) — 521KB
is hereby amended and supplemented to add the following
Item 4 is hereby amended and supplemented to add the following: The Reporting Persons will seek to engage in a dialogue with the Issuer's Board of Directors and/or management about strategic opportunities to maximize shareholder value, including transactions in which the Reporting Persons may seek to participate and potentially engage in, as an acquirer, investor or seller. The Reporting Persons may also seek to communicate with third parties about such transactions. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER The disclosures in Item 5(a) and (b) are hereby amended and restated in its entirety to read as follows: (a) and (b) The responses of each of the Reporting Persons with respect to Rows 11, 12, and 13 of the cover pages of this Statement that relate to the aggregate number and percentage of Common Stock (including but not limited to footnotes to such information) are incorporated herein by reference. The responses of each of the Reporting Persons with respect to Rows 7, 8, 9, and 10 of the cover pages of this Statement that relate to the number of shares of Common Stock as to which each of the persons or entities referenced in Item 2 above has sole or shared power to vote or to direct the vote of and sole or shared power to dispose of or to direct the disposition of (including but not limited to footnotes to such information) are incorporated herein by reference. 4,117,768 shares of Common Stock are owned directly by Lightspeed VIII and are deemed to be held on behalf of, and for the benefit of, Lightspeed VIII Trust. Such shares may be deemed to be beneficially owned by Lightspeed VIII Trustee because Lightspeed VIII Trustee is the trustee of Lightspeed VIII Trust, and may also be deemed to be beneficially owned by LGP VIII, LUGP VIII and Eggers, Mhatre and Nieh because (i) LGP VIII is the general partner of Lightspeed VIII, (ii) LUGP VIII is the general partner of LGP VIII and (iii) Eggers, Mhatre and Nieh serve as directors of LUGP VIII and as membe
is hereby amended by adding the following at the end thereof
Item 6 is hereby amended by adding the following at the end thereof: The information set forth in Item 4 hereof is incorporated by reference herein. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
is hereby amended to include the following exhibit
Item 7 is hereby amended to include the following exhibit: Exhibit Number Description of Exhibit 99.4 Joint Filing Agreement
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Amendment No. 2 is true, complete and correct. Date: June 28, 2024 Lightspeed Venture Partners VIII, L.P. By: Lightspeed General Partner VIII, L.P. Its: General Partner By: Lightspeed Ultimate General Partner VIII, Ltd. Its: General Partner By: /s/ Ravi Mhatre Authorized Representative Lightspeed General Partner VIII, L.P. By: Lightspeed Ultimate General Partner VIII, Ltd. Its: General Partner By: /s/ Ravi Mhatre Authorized Representative Lightspeed Ultimate General Partner VIII, Ltd. By: /s/ Ravi Mhatre Authorized Representative Lightspeed Venture Partners Select, L.P. By: Lightspeed General Partner Select, L.P. Its: General Partner By: Lightspeed Ultimate General Partner Select, Ltd. Its: General Partner By: /s/ Ravi Mhatre Authorized Representative Lightspeed General Partner Select, L.P. By: Lightspeed Ultimate General Partner Select, Ltd. Its: General Partner By: /s/ Ravi Mhatre Authorized Representative Lightspeed Ultimate General Partner Select, Ltd. By: /s/ Ravi Mhatre Authorized Representative Lightspeed Venture Partners Select IV, L.P. By: Lightspeed General Partner Select IV, L.P. Its: General Partner By: Lightspeed Ultimate General Partner Select IV, L.L.C. Its: General Partner By: /s/ Ravi Mhatre Authorized Representative Lightspeed General Partner Select IV, L.P. By: Lightspeed Ultimate General Partner Select IV, L.L.C. Its: General Partner By: /s/ Ravi Mhatre Authorized Representative Lightspeed Ultimate General Partner Select IV, L.L.C. By: /s/ Ravi Mhatre Authorized Representative By: /s/ Barry Eggers Barry Eggers By: /s/ Ravi Mhatre Ravi Mhatre By: /s/ Peter Y. Nieh Peter Y. Nieh By: /s/ Arif Janmohamed Arif Janmohamed LSVP VIII Trust By: Lightspeed Trustee VIII, LLC Its: Trustee By: /s/ Barry Eggers Member By: /s/ Ravi Mhatre