EW Healthcare Partners Updates Venus Concept Stake
Ticker: VERO · Form: SC 13D/A · Filed: Feb 28, 2024 · CIK: 1409269
| Field | Detail |
|---|---|
| Company | Venus Concept Inc. (VERO) |
| Form Type | SC 13D/A |
| Filed Date | Feb 28, 2024 |
| Risk Level | low |
| Pages | 12 |
| Reading Time | 14 min |
| Key Dollar Amounts | $0.0001, $593,425, $23,873 |
| Sentiment | neutral |
Sentiment: neutral
Topics: insider-ownership, amendment, institutional-investor
TL;DR
**EW Healthcare Partners just updated their Venus Concept Inc. stake, signaling continued involvement.**
AI Summary
EW Healthcare Partners, L.P. filed an SC 13D/A on February 28, 2024, regarding its ownership in Venus Concept Inc. The filing updates previous disclosures, indicating a continued significant stake by EW Healthcare Partners and its affiliated entities, including Essex Woodlands Fund IX-GP, L.P. and EW Healthcare Partners-A, L.P. The group members, including Martin P. Sutter, Petri Vainio, R. Scott Barry, Ronald Eastman, and Steve Wiggins, are associated with these entities.
Why It Matters
This filing indicates that a major institutional investor group continues to hold a significant position in Venus Concept Inc., suggesting ongoing confidence or strategic involvement in the medical instruments company.
Risk Assessment
Risk Level: low — This is an amendment to a previous filing, indicating no new major changes in ownership or intent, thus posing low risk.
Key Players & Entities
- EW Healthcare Partners, L.P. (company) — Filing entity and significant shareholder
- Venus Concept Inc. (company) — Subject company of the filing
- Essex Woodlands Fund IX-GP, L.P. (company) — Group member affiliated with EW Healthcare Partners
- Martin P. Sutter (person) — Group member associated with EW Healthcare Partners
- Petri Vainio (person) — Group member associated with EW Healthcare Partners
FAQ
What is the purpose of this SC 13D/A filing?
The purpose of this SC 13D/A filing is to amend and update previous Schedule 13D filings regarding the beneficial ownership of Venus Concept Inc. by EW Healthcare Partners, L.P. and its affiliated group members.
Who are the primary entities involved in this filing?
The primary entities involved are EW Healthcare Partners, L.P. as the filing entity, and Venus Concept Inc. as the subject company. Other group members include Essex Woodlands Fund IX-GP, L.P., Essex Woodlands IX, LLC, and EW Healthcare Partners-A, L.P.
Which individuals are listed as group members in this filing?
The individuals listed as group members are Martin P. Sutter, Petri Vainio, R. Scott Barry, Ronald Eastman, and Steve Wiggins.
What is the business address of Venus Concept Inc.?
The business address of Venus Concept Inc. is 235 Yorkland Blvd., Suite 900, Toronto, A6 M2J 4Y8.
When was this SC 13D/A filed?
This SC 13D/A was filed on February 28, 2024.
Filing Stats: 3,500 words · 14 min read · ~12 pages · Grade level 10.4 · Accepted 2024-02-28 16:07:06
Key Financial Figures
- $0.0001 — f shares of the common stock, par value $0.0001 per share (the Common Stock ), of Venus
- $593,425 — ommon Stock issuable upon conversion of $593,425 principal value of the Convertible Note
- $23,873 — ommon Stock issuable upon conversion of $23,873 principal value of Convertible Notes he
Filing Documents
- d756242dsc13da.htm (SC 13D/A) — 158KB
- d756242dex991.htm (EX-99.1) — 13KB
- 0001193125-24-050672.txt ( ) — 173KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: February 28, 2024 EW HEALTHCARE PARTNERS, L.P. INDIVIDUALS: By: Essex Woodlands Fund IX-GP, L.P., Its General Partner By: Essex Woodlands IX, LLC, /s/ Martin P. Sutter Its General Partner Name: Martin P. Sutter By: /s/ R. Scott Barry /s/ R. Scott Barry Name: R. Scott Barry Name: R. Scott Barry Title: Manager EW HEALTHCARE PARTNERS-A, L.P. /s/ Ronald W. Eastman Name: Ronald W. Eastman By: Essex Woodlands Fund IX-GP, L.P., Its General Partner By: Essex Woodlands IX, LLC /s/ Petri Vainio Its General Partner Name: Petri Vainio By: /s/ R. Scott Barry /s/ Steve Wiggins Name: R. Scott Barry Name: Steve Wiggins Title: Manager ESSEX WOODLANDS FUND IX-GP, L.P. By: Essex Woodlands IX, LLC, Its General Partner By: /s/ R. Scott Barry Name: R. Scott Barry Title: Manager ESSEX WOODLANDS IX, LLC /s/ R. Scott Barry Name: R. Scott Barry Title: Manager