SC 13G: Verastem, Inc.
Ticker: VSTM · Form: SC 13G · Filed: Jul 29, 2024 · CIK: 1526119
| Field | Detail |
|---|---|
| Company | Verastem, INC. (VSTM) |
| Form Type | SC 13G |
| Filed Date | Jul 29, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by Verastem, Inc..
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G filing submitted by Verastem, INC. (ticker: VSTM) to the SEC on Jul 29, 2024.
What is the risk level of this SC 13G filing?
This filing has been assessed as low risk.
What are the key financial figures in this filing?
Key dollar amounts include: $0.0001 (Inc. (Name of Issuer) Common Stock, $0.0001 par value per share (Title of Class o).
How long is this filing?
Verastem, INC.'s SC 13G filing is 7 pages with approximately 2,046 words. Estimated reading time is 8 minutes.
Where can I view the full SC 13G 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: 2,046 words · 8 min read · ~7 pages · Grade level 7.4 · Accepted 2024-07-29 16:04:18
Key Financial Figures
- $0.0001 — Inc. (Name of Issuer) Common Stock, $0.0001 par value per share (Title of Class o
Filing Documents
- vstm13g.htm (SC 13G) — 65KB
- 0000935836-24-000494.txt ( ) — 67KB
Ownership
Item 4. Ownership. See Items 5-9 and 11 of the cover page for each Filer. The shares of Common Stock beneficially owned by the Filers reported in this Schedule 13G consist of (1) 1,333,333 shares of Common Stock, and (2) 1,333,333 shares of Common Stock issuable on exercise of Warrants to acquire Common Stock. The percentages reported in this Schedule 13G are based on 38,641,003 shares of Common Stock outstanding after the completion of the offering described in the Prospectus Supplement filed by the Issuer on July 24, 2024.
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person. The Partnership holds the Stock for the benefit of its investors and has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Stock. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group. Not applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group Not applicable.
Material to Be Filed as Exhibits
Item 10. Material to Be Filed as Exhibits Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G.
Certification of Stonepine, the General Partner, Mr. Plexico and Mr. Lynch
Item 11. Certification of Stonepine, the General Partner, Mr. Plexico and Mr. Lynch By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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. Certification of the Partnership 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. 8 CUSIP No. 92337C203 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. Dated:July 29, 2024 STONEPINE CAPITAL MANAGEMENT, LLC By: /s/ Jon M. Plexico Jon M. Plexico Managing Member STONEPINE CAPITAL, L.P. By:Stonepine GP, LLC, General Partner By: /s/ Jon M. Plexico Jon M. Plexico Managing Member STONEPINE GP, LLC By: /s/ Jon M. Plexico Jon M. Plexico Managing Member /s/ Jon M. Plexico Jon M. Plexico /s/ Timothy P. Lynch Timothy P. Lynch 9 CUSIP No. 92337C203 EXHIBIT A AGREEMENT REGARDING JOINT FILING OF STATEMENT ON SCHEDULE 13D OR 13G The undersigned agree to file jointly with the Securities and Exchange Commission (the “SEC”) any and all statements on Schedule 13D or Schedule 13G or Forms 3, 4 or 5(and