LSP V Coöperatieve U.A. Amends Pharvaris N.V. Stake Reporting

TL;DR

**LSP V Coöperatieve U.A. is no longer a 5%+ holder in Pharvaris N.V., signaling a potential reduction in their stake.**

AI Summary

LSP V Coöperatieve U.A. filed an amended SC 13G/A on February 8, 2024, indicating a change in their ownership of Pharvaris N.V. Ordinary Shares as of December 31, 2023. This filing, an amendment to a previous Schedule 13G, signals that LSP V Coöperatieve U.A. is no longer required to report their holdings under Rule 13d-1(b) or (c), likely due to their ownership falling below the 5% threshold or a change in their investment intent. For investors, this means a significant institutional holder has either reduced their stake or changed their reporting status, which could be interpreted as a decrease in institutional confidence or simply a portfolio rebalancing.

Why It Matters

This filing indicates a change in a major institutional investor's position in Pharvaris N.V., which can influence market perception and potentially impact the stock price due to altered supply/demand dynamics.

Risk Assessment

Risk Level: medium — A reduction in a significant institutional stake could signal a lack of confidence or a shift in investment strategy, potentially leading to downward pressure on the stock.

Analyst Insight

Investors should monitor Pharvaris N.V.'s stock for potential downward pressure and consider researching the reasons behind LSP V Coöperatieve U.A.'s reduced stake or change in reporting status before making investment decisions.

Key Players & Entities

• LSP V Coöperatieve U.A. (company) — the reporting person filing the SC 13G/A
• Pharvaris N.V. (company) — the issuer whose Ordinary Shares are being reported
• LSP V MANAGEMENT B.V. (company) — a group member associated with the reporting person
• December 31, 2023 (date) — the date of the event requiring the filing

Forward-Looking Statements

• Pharvaris N.V.'s stock price may experience short-term volatility due to the perceived reduction in institutional interest. (Pharvaris N.V.) — medium confidence, target: Q1 2024

FAQ

From the Filing

0001193125-24-028370.txt : 20240208 0001193125-24-028370.hdr.sgml : 20240208 20240208161656 ACCESSION NUMBER: 0001193125-24-028370 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240208 DATE AS OF CHANGE: 20240208 GROUP MEMBERS: LSP V MANAGEMENT B.V. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Pharvaris N.V. CENTRAL INDEX KEY: 0001830487 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 000000000 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-92181 FILM NUMBER: 24609301 BUSINESS ADDRESS: STREET 1: J.H. OORTWEG 21 STREET 2: 2333 CH LEIDEN CITY: LEIDEN STATE: P7 ZIP: 00000 BUSINESS PHONE: 31 (0)71 203 6410 MAIL ADDRESS: STREET 1: J.H. OORTWEG 21 STREET 2: 2333 CH LEIDEN CITY: LEIDEN STATE: P7 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: Pharvaris, B.V. DATE OF NAME CHANGE: 20201029 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LSP V Cooperatieve U.A. CENTRAL INDEX KEY: 0001726006 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: P7 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: JOHANNES VERMEERPLEIN 9 CITY: AMSTERDAM STATE: P7 ZIP: 1071 DV BUSINESS PHONE: 31-20-664-5500 MAIL ADDRESS: STREET 1: JOHANNES VERMEERPLEIN 9 CITY: AMSTERDAM STATE: P7 ZIP: 1071 DV SC 13G/A 1 d582194dsc13ga.htm SC 13G/A SC 13G/A Securities and Exchange Commission Washington, D.C. 20549 Schedule 13G (Rule 13d-102) Information to be Included in Statements Filed Pursuant to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to § 240.13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 1 )* Pharvaris, N.V. (Name of Issuer) Ordinary Shares (Title of Class of Securities) N69605108 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☐ Rule 13d-1(b) ☐ Rule 13d-1(c) ☒ Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. N69605108 Schedule 13G Page 1 of 6  1   Names of Reporting Persons  LSP V Coöperatieve U.A.  2  Check the Appropriate Box if a Member of a Group  (a) ☐  (b) ☐  3  SEC Use Only  4  Citizenship or Place of Organization  The Netherlands Number of Shares  Beneficially  Owned by Each Reporting Person With 5   Sole Voting Power  0 6  Shared Voting Power  3,556,805 7  Sole Dispositive Power  0 8  Shared Dispositive Power  3,556,805  9   Aggregate Amount Beneficially Owned by Each Reporting Person  3,556,805 10  Check if the Aggregate Amount in Row (9) Excludes Certain Shares  Not Applicable 11  Percent of Class Represented by Amount in Row 9  6.8% 12  Type of Reporting Person  OO (Limited Liability Company) CUSIP No. N69605108 Schedule 13G Page 2 of 6  1   Names of Reporting Persons  LSP V Management B.V.  2  Check the Appropriate Box if a Member of a Group  (a) ☐  (b) ☐  3  SEC Use Only  4  Citizenship or Place of Organization  Th