Statement of Beneficial Ownership (sc 13d)
16 Gennaio 2018 - 10:09PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
ROCKET
PHARMACEUTICALS, INC.
(Name of Issuer)
COMMON STOCK
(Title of
Class of Securities)
77313F 106
(CUSIP Number)
RTW
Investments, LP
Attn: Roderick Wong
250 West 55th Street, 16th Floor, Suite A
New York, New York 10019
Copies to:
Ryan
A. Murr
Gibson, Dunn & Crutcher LLP
555 Mission Street, Suite 3000
San Francisco, California 94105
(415)
393-8200
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
January 4, 2018
(Date of Event Which Requires Filing of this Statement)
If the filing
person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §
240.13d-1(e),
240.13d-1(f)
or
240.13d-1(g),
check the following box ☐.
Note:
Schedules filed in paper format shall
include a signed original and five copies of the schedule, including all exhibits. See §
240.13d-7(b)
for other parties to whom copies are to be sent.
*
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The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information
which would alter disclosures provided in a prior cover page.
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The information required on 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).
SCHEDULE 13D
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1
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NAME OF
REPORTING PERSONS
RTW Investments, LP
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)
(a) ☐ (b) ☒
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (See Instructions)
SC
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5
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CHECK BOX IF DISCLOSURE OF LEGAL
PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐
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6
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CITIZENSHIP OR PLACE OF
ORGANIZATION
Delaware
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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7
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SOLE VOTING POWER
0
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8
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SHARED VOTING POWER
15,439,557*
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9
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SOLE DISPOSITIVE POWER
0
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10
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SHARED DISPOSITIVE POWER
15,439,557*
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,439,557*
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
☐
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)
46.68%
*
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14
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TYPE OF REPORTING PERSON (See
Instructions)
PN, IA, OO
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1
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NAME OF
REPORTING PERSONS
Roderick Wong
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)
(a) ☐ (b) ☒
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (See Instructions)
SC
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5
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CHECK BOX IF DISCLOSURE OF LEGAL
PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐
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6
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CITIZENSHIP OR PLACE OF
ORGANIZATION
United States of America
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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7
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SOLE VOTING POWER
0
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8
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SHARED VOTING POWER
15,439,557*
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9
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SOLE DISPOSITIVE POWER
0
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10
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SHARED DISPOSITIVE POWER
15,439,557*
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,439,557*
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
☐
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)
46.68%
*
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14
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TYPE OF REPORTING PERSON (See
Instructions)
HC, IN
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*
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The above-referenced shares of common stock, par value $0.01 per share (the Common Stock) of Rocket Pharmaceuticals, Inc. (the Issuer) reported hereunder are held by one or more funds (together
the Funds), managed by RTW Investments, LP (the Adviser). The Adviser, in its capacity as the investment manager of the Funds, has the power to vote and the power to direct the disposition of all such shares of Common Stock
held by the Funds. Roderick Wong is the Managing Partner and Chief Investment Officer of the Adviser.
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SCHEDULE 13D
Item 1.
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Security and Issuer
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This Schedule 13D relates to the Common Stock of the Issuer. The address and
principal office of the Issuer is 430 East 29
th
Street, Suite 1040, New York, New York 10016.
Item 2.
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Identity and Background
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(a) (c) and (f)
Each of RTW Investments, LP and Roderick Wong (together, the Reporting Persons) are filing this statement.
The address and principal office of the Reporting Persons is 250 West 55th Street, 16th Floor, Suite A, New York, New York 10019.
Roderick Wong is the Managing Partner and Chief Investment Officer of RTW Investments, LP. Mr. Wong also serves as the Chairman of the Board of Directors
of the Issuer. Mr. Wong is a citizen of the United States of America.
(d) (e)
During the past five years, neither Reporting Person has: (i) been convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors), or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of,
or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Item 3.
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Source and Amount of Funds or Other Consideration
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On September 12, 2017, Inotek Pharmaceuticals
Corporation (Inotek) and Rocket Pharmaceuticals, Ltd. (Rocket), entered into an Agreement and Plan of Merger and Reorganization (the Merger Agreement), pursuant to which a wholly-owned subsidiary of Inotek merged
with and into Rocket on January 4, 2018 (the Effective Date), with Rocket surviving as a wholly-owned subsidiary of Inotek (the Merger). In connection with the effectiveness of the Merger, Inotek changed its name to
Rocket Pharmaceuticals, Inc. Immediately prior to the Effective Date, each share of Rocket preferred stock issued and outstanding was converted into ordinary shares of Rocket, whereupon each ordinary share of Rocket issued and outstanding as of the
Effective Date was converted in the Merger into the right to receive a number of shares of common stock of the Issuer determined in accordance with an exchange ratio set forth in the Merger Agreement (the Exchange Ratio). Also pursuant
to the Merger Agreement, Inotek assumed outstanding options to purchase ordinary shares of Rocket, with the number of underlying shares and the exercise price of such options being adjusted in the Merger to give effect to the Exchange Ratio.
As of the Effective Date, the Reporting Persons were deemed to beneficially hold 15,439,557 shares of Rocket common stock, which consisted of 15,439,577
shares of common stock issued in the merger, and 0 shares of common stock underlying options that were assumed in the Merger. Beneficial ownership reported herein does not include options to purchase an additional
4,952,024
shares that
were assumed in the Merger, but are subject to beneficial ownership limitations on exercise that currently prevent exercise of such options (the Blocked Shares).
The Merger Agreement is filed as Exhibit 1 hereto and incorporated herein by reference.
Item 4.
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Purpose of Transaction
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Item 3 of this Schedule 13D is incorporated herein by reference.
Item 5.
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Interest in Securities of the Issuer
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(a) (b)
Items 7 through 11 and 13 of the cover pages of this Schedule 13D and the footnote thereto are incorporated herein by reference.
(c)
Except as described herein, neither Reporting Person, has
acquired or disposed of any shares of Common Stock during the past 60 days.
(d) (e)
Not applicable.
Item 6.
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Contracts, Arrangements, Understandings or Relationship with Respect to Securities of the Issuer
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As
stated above, Roderick Wong is the Managing Partner and Chief Investment Officer of RTW Investments, LP. Certain funds advised by RTW Investments, LP directly own shares of Common Stock. The information regarding the Merger Agreement set forth in
Item 3 above is incorporated herein by reference in its entirety.
The Merger Agreement is filed as Exhibit 1 to this Schedule 13D and is
incorporated herein by reference.
Under Rule
13d-4
of the Exchange Act, the Reporting Persons expressly disclaim
beneficial ownership of the Blocked Shares because neither Reporting Person has the right to acquire beneficial ownership of such shares within 60 days. Nothing herein shall be deemed an admission by the Reporting Persons as to the beneficial
ownership of shares of Common Stock for purposes of Section 13(d) of the Exchange Act or any other purpose. This Schedule 13D shall not be deemed an admission that either Reporting Person is the beneficial owner of shares of Common Stock for
purposes of Section 13(d) of the Exchange Act. Each Reporting Person disclaims beneficial ownership of shares of Common Stock except to the extent of the Reporting Persons pecuniary interest therein.
Item 7.
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Materials to Be Filed as Exhibits
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Exhibit
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Description
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1.
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Agreement and Plan of Merger and Reorganization, dated as of September 12, 2017, by and among Inotek Pharmaceuticals Corporation, Rocket Pharmaceuticals, Ltd. and Rome Merger Sub.
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2
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Joint Filing Agreement as required by Rule
13d-1(k)(1)
under the Securities and Exchange Act of 1934, as amended.
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3
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Power of Attorney of Roderick Wong executed in favor of Ryan A. Murr, Sabera Loughran and Alice Lee.
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4
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Power of Attorney of RTW Investments, LP executed in favor of Ryan A. Murr, Sabera Loughran and Alice Lee.
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Incorporated by reference from Exhibit 2.1 filed with that certain Current Report on Form
8-K
filed with the U.S. Securities and Exchange Commission on September 13, 2017 by
Inotek Pharmaceutical Corporation.
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SIGNATURE
After reasonable inquiry and to the best of each of the undersigneds knowledge and belief, each of the undersigned certifies that the information set
forth in this statement is true, complete and correct.
Dated: January 16, 2018
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RTW INVESTMENTS, LP
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By:
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/s/ Alice Lee
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Alice Lee, as
attorney-in-fact
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RODERICK WONG
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By:
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/s/ Alice Lee
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Alice Lee, as
attorney-in-fact
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The original statement shall be signed by each person on whose behalf the statement is filed or his authorized
representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representatives authority to sign on behalf of such
person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall
be typed or printed beneath his signature.
Note. Schedules filed in paper format shall include a signed original and five copies of the schedule,
including all exhibits. See
s.240.13d-7
for other parties for whom copies are to be sent.
Attention. Intentional
misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).
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