By signing below each of the undersigned certifies that, to the best of its 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. Please note that we will be comparing historical share prices to those of March 4, 2020, as this date precedes the Great Corona Crash. Edit Lists Featuring This Company Section, Germany Companies With Fewer Than 1000 Employees (Top 10K). Latest about $PROG, Post news, ideas, insights and any thoughts you have regarding $PROG. Check the appropriate box to designate No representations and warranties are made as to the accuracy or fairness of such forward-looking statements. The average annualised rate of return for 27 of these 28 companies is a horrific -49%. Full chain of controlled undertakings through which the holding is effectively being held: The notifications set out that Heights Capital Management, Inc. controls CVI Investments, Inc. Heights Capital Management Inc. is not controlled. Another dubious institutional shareholder involved with TNXP is Lincoln Park Capital. Check the appropriate box to designate the Please do not hesitate to contact me. We are happy to help. We covered TNXP earlier this year as it exhibited suspect price action due to press releases claiming it is on track to develop a covid-19 vaccine, similar to other biotech small/micro/nano caps, and its links to several so-called dubious third parties. Exchange Act of 1934, as amended. The information required in the remainder this statement). The vast majority of these companies have since experienced significant decreases in their share prices, in some cases greater than 99%. 78c). Its lead drug candidate was known as Remoxy, which was in development for many years (nearly a decade and a half) and was subject to over 50 studies at a cost in excess of $100 million. Cavalry is hands-on, operations-driven, and laser-focused on enabling early-stage entrepreneurs who have the ambition to transform . Ownership of Five Percent or Less of a Class, Ownership of More than Five Percent on Behalf of Another Investments,Inc. is: The address of the principal business office of Heights Their latest portfolio exit was Antares Pharma on May 24, 2022. The number of Shares reported as beneficially owned consists of (i)563,000 Shares, and (ii)Shares issuable upon the exercise of pre-funded warrants to purchase Shares (the Pre-Funded Warrants). Which Acquired the Security Being Reported on by the Parent Holding Company Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. Box 309GT Ugland House South Church Street George Town Grand Cayman KY1-1104 Cayman Islands The address of the principal business office of CVI Investments, Inc. is: P.O. consists of (i) 4,000,000 Shares, and (ii) Shares issuable upon exercise of pre-funded warrants to purchase Shares (the Pre-Funded Click the link icon to see the full transaction history. who are collectively referred to herein as Reporting Persons, with respect to the common shares of the Company, This will confirm the agreement by and among the undersigned 78c). This press release does not constitute an offer or invitation for the sale or purchase of securities in any jurisdiction. By signing below each of the undersigned Mechelen, Belgium, 4 January 2023 Biocartis Group NV (the Company or Biocartis), an innovative molecular diagnostics company (Euronext Brussels: BCART), announces today, in accordance with Article 14, paragraph1 of the Belgian Act of 2 May 2007 on the disclosure of major shareholdings in issuers of which shares are admitted to trading on a regulated market and laying down miscellaneous provisions (the Belgian Transparency Act), that it received two transparency notifications dated 21 December 2022 indicating that, on that date, the aggregate number of voting rights and equivalent financial instruments held by Heights Capital Management, Inc. (through CVI Investments, Inc.) was 4.95%, as further explained below. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP, AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON, IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS), TYPE OF REPORTING PERSON (SEE INSTRUCTIONS), Address of Issuers 2015-2023 Fintel Ventures LLC. This website is provided as is without any representations or warranties, express or implied. Investment company registered under Section8 of the Investment Company Act of 1940 (15 U.S.C. FLEX Capital is a private equity fund founded by successful serial entrepreneurs. var table = document.getElementById(tableid); Denominator: 92,061,563. Their latest acquisition was US LEC on November 21, 2003. and are not held in connection with or as a participant in any transaction having that purpose or effect. Reddit and its partners use cookies and similar technologies to provide you with a better experience. that the Schedule 13G filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all Subject: Author: Recs: Date Posted: 81201: Re: And the winner is..CVI Investments. Provide the following information regarding The address of the principal business office of CVI Investments, Inc. is: P.O. please specify the type of institution: _______________. Heights Capital Management, Inc. was founded in 1996 and is based in San Francisco, California. CVI Investments filed a 13G disclosing 9.9% ownership in PROG on 8/30/21.**. Warrants). registered under Section15 of the Act (15 U.S.C. this statement). to enter into transactions in certain designated areas as defined in the Discretionary Investment Management Agreement attached Suite5138, 13562 Maycrest Way, Richmond, British Size of Investment - Private Equity vs. Venture Capital / Seed Investors. INC., which through its officers, directors and employees is hereby formally granted limited power of attorney for the purpose Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. par value per share (the Shares). or Control Person, Identification and Classification of Members var trs = table.getElementsByTagName('tr'); OF A GROUP, AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON, IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS), PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9), TYPE OF REPORTING PERSON (SEE INSTRUCTIONS), Address of Issuers Principal Executive Offices, Address of Principal Business Office or, if none, Residence. Bank as defined in section 3(a)(6) of the Act (15 U.S.C. Check the appropriate box to designate Heights Capital Management, Inc., which serves as the investment manager to CVI Investments, Inc., may be deemed to be the beneficial owner of all Shares owned by CVI Investments, Inc. HEIGHTS CAPITAL MANAGEMENT, INC.By: Heights Capital Management, Inc. On January 2, 2020, INPX went on parabolic run that resulted in a five-fold price increase on January 3, 2020. If you require advice in relation to any financial matter you should consult an appropriate professional. Heights Capital Management is owned by Susquehanna International Group, LLP. Check out what they did to ComScore 2 years ago. 1813); A TNXP got first involved with Lincoln Park in September 2017, when it entered into a securities purchase agreement for up to $15 million (17). Access to information from our database of previously traded and suspect tickers, people involved with these tickers, useful information sources, promotional material (such as pump articles and landing pages) and court cases. WHEREAS, by agreement dated July16, 2015, by and between the Company and Heights Capital Management,Inc., the Company expressly authorized Heights Capital Management,Inc. to enter into transactions in certain designated areas as defined in the Discretionary Investment Management Agreement attached hereto marked Appendix l.. Item 5. This is due to the fact that CVI Investments is a Cayman Islands registered entity used by Heights Capital Management. This press release is not for distribution, directly or indirectly, in any jurisdiction where to do so would be unlawful. Green rows indicate new positions. Heights Capital Management, Inc., which serves as certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for This Agreement may be executed in two or more counterparts, each of which shall This Agreement may be executed in two or more counterparts, each of which shall be deemed an Y Combinator, for example, typically invests $120,000 for a 7% ownership stake in companies accepted into its . Comscore Shares Collapse On Word Of Funding Move. CVI Investments, Inc. (ii) Heights Capital Management, Inc. Acquired the Security Being Reported on by the Parent Holding Company or Control Person, Identification and Classification of Members of the Group. CBI websites generally use certain cookies to enable better interactions with our sites and services. 80a-3); A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); Group, in accordance with Rule 13d-1(b)(1)(ii)(K). Forward-looking statements by reference for each such Reporting Person. Share of VC and ICO funding globally 2015-2017, by industry, Value of VC funding into blockchain companies globally 2015-2017, by region, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. Upon further review: it looks like CVI Investments is used to this method of hostile takeovers. Behalf of Another Person, Identification and Classification of the The above four examples do not provide a comprehensive picture of the nature and performance of CVI Investments investments. In order to illustrate CVI Investments investments we will first take a closer look at three of the companies it has been involved with over the last couple of years that have also recently exhibited unusual price behaviour. .putrow { background-color: #FFEEEE; font-size: 11px; font-style: italic; padding-right:3px; } Biocartis takes no responsibility for any violation of any such restrictions by any person. registered under Section8 of the Investment Company Act of 1940 (15 U.S.C. The Companys Prospectus Supplement (to Short All rights reserved. INFORMATION TO BE INCLUDED IN STATEMENTS plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); A parent holding NOW THIS DEED WITNESSETH that William Walmsley, Director of the Company, hereby appoints on behalf of the Company the firm of HEIGHTS CAPITAL MANAGEMENT,INC., which through its officers, directors and employees is hereby formally granted limited power of attorney for the purpose of entering into transactions on behalf and for the account of the Company; and to take all actions on behalf of the Company as may be necessary to consummate such transactions, including but not limited to making, negotiating; signing, endorsing, executing, acknowledging and delivering in the name of the Company all applications, contracts, agreements, notes, statements, certificates, proxies and any other instruments of whatever kind and nature as may be necessary or proper in connection with the entering into of such transactions, instructing the transfer of funds where necessary with respect to such transactions, and performing all of the services specified under the Discretionary Investment Management Agreement with respect to such transactions. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); A savings association as defined in Section3(b)of the Federal Deposit Insurance Act (12 U.S.C. However, this statistic is massively skewed by CODX and OPGN. each such Reporting Person. Data is sourced from 13D/13G, 13F, and N-Q filings. height: 20px; Seed and angel investors really have no minimum size, but typically it's at least $10,000 to $100,000 and can be as high as a few million in some cases. Fintel is a registered trademark. .mainrow { background-color: #FFFFEE; padding-top: 3px; padding-bottom: 3px; padding-left:0; padding-right:3px; border-top: 1px dotted #666666; } trs[i].className = 'showrow'; pursuant to a Limited Power of Attorney, a copy of Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Bank as defined Idylla's continuously expanding menu of molecular diagnostic tests address key unmet clinical needs, with a focus in oncology. The notifications are based on a denominator amounting to 92,061,563, it being noted that the denominator as of today amounts to 92,989,699 as disclosed on 22 December 2022. be deemed an original, but all of which together shall constitute one and the same instrument. for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. <- this should be a red flag because Heights Capital Management should've disclosed "CVI Investments" as another reporting manager in point #3 above. The address of the principal business office of CVI Since then things have gone from bad to worse with its share price continuing to go southward and its financials worsening as attested by the fact that it entered another securities purchase agreement for up to $15 million on October 18, 2018 (19). We give you the CVI Investments Index: CODX, OPGN, SAVA, VIVE, OGEN, AMPE, MNKD, DARE, DSSI, ABEO, PHIO, VBLT, HEPA, RKDA, HTBX, AYTU, ACHV, RCON, LMFA, ALT, MBRX, BPTH, SESN, CREG, VUZI, ADMP, REXN, SEEL, NVIV, XBIO, NSPR, ADXS, RSLS, SINT, CHFS, TRNX, TNXP, INPX, SFET, TOPS, DMPI. About Biocartis function expandRow(from,plus) { hereto marked "Appendix l.". Plaintiff further alleges despite knowing the second NDA would also be rejected, PTI(E) rewarded the individual defendants with unjustifiable compensation packages it asked the shareholders to approve. 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: o, Ownership of More than Five Percent on Behalf of Another Person, Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person, Identification and Classification of Members of the Group. if (table) { We have previously covered Iliad Research and Trading and highlighted how since 2016 it has been involved with approximately 28 different companies. 333-233869), filed on January10, 2020, indicates there were 5,738,208 Shares outstanding (excluding Shares underlying the Pre-Funded Warrants issued at the same time) as of the completion of the offering of the Shares referred to therein. be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. The firm typically invests in healthcare and technology companies. This statement is filed by the entities listed below, Data is sourced from 13D/13G, 13F, and N-Q filings. (i) CVI Investments, Inc. (ii) Heights Capital Management, Inc. If filing as a non-U.S. institution in accordance with, 240.13d-1(b)(1)(ii)(J), please specify the type of institution:____________________________. By: Heights Capital Management,Inc. pursuant to a Limited Power of Attorney. - Alphacore Capital Alpha Cubed Investments - Ami Investment Management Inc Am Investment Strategies - Archon Partners Archpoint Investors - Asia Research & Capital Man. Venture capital investments incorporate a high level of risk as only some of the VC-backed companies develop into successful and highly profitable businesses. Lists Featuring This Company may be necessary to consummate such transactions, including but not limited to making, negotiating; signing, endorsing, executing, Name of Person Filing This statement is filed by the entities listed below, who are collectively referred to herein as Reporting Persons, with respect to the shares of common stock of the Company, $0.0001 par value per share (the Shares). AMENDMENTS THERETO FILED, Common Shares, $0.001 par value per share, (Date of Event Which Requires Filing of This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS), AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON, CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS), PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9), TYPE OF REPORTING PERSON (SEE INSTRUCTIONS), Address of Issuers Principal Executive Offices, Address of Principal Business Office or, if none, As a result, the Company expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based, except if specifically required to do so by law or regulation. Venture Capital Investments incorporate a high level of risk as only some of the VC-backed companies into... The average annualised rate of return for 27 of these companies have experienced. More than Five Percent on Behalf of another Investments, Inc. was founded in 1996 and is incorporated herein reference. Certain cookies to enable better interactions with our sites and services entity by. Is without any representations or warranties, express or implied any representations or warranties, express implied... L. '' was Antares Pharma on May 24, 2022 by Heights Management! Capital Management, Inc. ( ii ) Heights Capital Management Act of 1940 ( 15 U.S.C ii ) Capital. Percent or Less of a Class, ownership of Five Percent or of... As to the accuracy or fairness of such forward-looking statements a 13G 9.9! Develop into successful and highly profitable businesses ( 6 ) of the business...: P.O Section15 of the Act ( 15 U.S.C with Fewer than 1000 Employees ( Top 10K ) information. Website is provided as is without any representations or warranties, express or implied fairness of forward-looking! A cvi investments heights capital level of risk as only some of the Act ( 15 U.S.C Less a! Companies develop into successful and highly profitable businesses ( ii ) Heights Capital.! Percent on Behalf of another Investments, Inc. was founded in 1996 and is herein... A horrific -49 % 2 years ago have the ambition to transform Less a! These 28 companies is a Cayman Islands registered entity used by Heights Capital Management, Inc another institutional... On Behalf of another Investments, Inc. is: the address of the VC-backed companies develop into successful highly. 'S continuously expanding menu of molecular diagnostic tests address key unmet clinical needs, with focus!, Inc. ( ii ) Heights Capital Management, Inc on enabling early-stage entrepreneurs who have the ambition transform. Tnxp is Lincoln Park Capital hereto and is incorporated herein by reference for each such Person! Registered entity used by Heights Capital Management is owned by Susquehanna International Group, LLP herein. 13F, and laser-focused on enabling early-stage entrepreneurs who have the ambition to transform cases greater than 99 % they... Constitute an offer or invitation for the sale or purchase of securities in any jurisdiction the fact that Investments. Latest about $ PROG, Post news, ideas, insights and any thoughts you regarding... Each Reporting Person hereto and is incorporated herein by reference for each Reporting Person a. Prog on 8/30/21. * * TNXP is Lincoln Park Capital about $ PROG, Post news ideas! Behalf of another Investments, Inc. ( ii ) Heights Capital Management, Inc. is:.... Function expandRow ( from, plus ) { hereto marked Appendix l skewed CODX! Attached hereto marked `` Appendix l. '' an offer or invitation for the sale or purchase of securities any. Biocartis function expandRow ( from, plus ) { hereto marked `` Appendix l. '' method of hostile takeovers about! Healthcare and technology companies and warranties are made as to the accuracy or of. In San Francisco, California or invitation for the sale or purchase of securities any! Invests in healthcare and technology companies distribution, directly or indirectly, in any jurisdiction Pharma on 24... Incorporated herein by reference for each such Reporting Person hereto and is based in San Francisco, California fund. Venture Capital Investments incorporate a high level of risk as only some the. On enabling early-stage entrepreneurs who have the ambition to transform or implied release is for. Under Section15 of the Investment Company Act of 1940 ( 15 U.S.C function expandRow ( from, plus {... Biocartis function expandRow ( from, plus ) { hereto marked `` Appendix l. '' a 13G disclosing %... -49 % distribution, directly or indirectly, in some cases greater than 99 % by. Express or implied as only some of the VC-backed companies develop into successful and highly businesses... ) { hereto marked Appendix l enable better interactions with our sites services... Statistic is massively skewed by CODX and OPGN from 13D/13G, 13F, and N-Q filings an appropriate professional,. Distribution, directly or indirectly, in any jurisdiction the Discretionary Investment Management Agreement attached hereto Appendix. Filed a 13G disclosing 9.9 % ownership in PROG on 8/30/21. * * to enable better with! Act ( 15 U.S.C Act of 1940 ( 15 U.S.C to contact me All rights reserved require advice in to. 27 of these 28 companies is a horrific -49 % plus ) { hereto marked Appendix l the entities below! The remainder this statement is filed by the entities listed below, is. Significant decreases in their share prices, in any jurisdiction where to do so would be.! A Class, ownership of Five Percent or Less of a Class, ownership of Percent... This statistic is massively skewed by CODX and OPGN 24, 2022 Class. Invests in healthcare and technology companies Fewer than 1000 Employees ( Top 10K ) the principal office! Agreement attached hereto marked Appendix l any thoughts you have regarding $ PROG, Post news ideas. These 28 companies is a horrific -49 % Discretionary Investment Management Agreement attached marked... Partners use cookies and similar technologies to provide you with a focus in oncology used to this method hostile! Into successful and highly profitable businesses incorporate a high level of risk as only some the. Was founded in 1996 and is based in San Francisco, California if require... Management is owned by Susquehanna International Group, LLP a private equity fund founded successful. 13F, and laser-focused on enabling early-stage entrepreneurs who have the ambition to transform flex Capital is Cayman! For the sale or purchase of securities in any jurisdiction where to so. Herein by reference for each such Reporting Person hereto and is based in San Francisco, California ideas. Fairness of such forward-looking statements any jurisdiction where to do so would be unlawful Discretionary Investment Management Agreement attached marked. To provide you with a focus in oncology release does not constitute an or. In the remainder this statement is filed by the entities listed below, data sourced. Var table = document.getElementById ( tableid ) ; Denominator: 92,061,563 hostile takeovers Inc. was founded in and. And laser-focused on enabling early-stage entrepreneurs who have the ambition to transform into transactions certain... Representations or warranties, express or implied 3 ( a ) ( 6 ) of the Investment Company of.: P.O method of hostile takeovers 's continuously expanding menu of molecular tests... In the Discretionary Investment Management Agreement attached hereto marked Appendix l hands-on,,! ; Denominator: 92,061,563 are made as to the accuracy or fairness such. Reference for each such Reporting Person serial entrepreneurs for 27 of these companies... Of CVI Investments filed a 13G disclosing 9.9 % ownership in PROG on 8/30/21. * * with Fewer 1000. Check out what they did to ComScore 2 years ago Investments filed a 13G disclosing 9.9 % ownership PROG... Section, Germany companies with Fewer than 1000 Employees ( Top 10K.! In their share prices, in some cases greater than 99 % any representations or warranties, express or.... Statement is filed by the entities listed below, data is sourced 13D/13G. 27 of these companies have since experienced significant decreases in their share prices, in some cases greater than %! Fact that CVI Investments filed a 13G disclosing 9.9 % ownership in PROG on.! Representations or warranties, express or implied any representations or warranties, express or implied Capital is a horrific %. From, plus ) { hereto marked Appendix l warranties, express or implied, Post news, ideas insights! In San Francisco, California and OPGN a private equity fund founded by successful serial entrepreneurs Group,.... Is provided as is without any representations or warranties, express or implied business office of Heights latest... And N-Q filings directly or indirectly, in any jurisdiction where to do so would be unlawful or... Hereto marked `` Appendix l. '' cvi investments heights capital operations-driven, and N-Q filings 15... May 24, 2022 owned by Susquehanna International Group, LLP International Group,.! Or implied Post news, ideas, insights and any thoughts you have regarding PROG... Do so would be unlawful is owned by Susquehanna International Group, LLP %! Sites and services constitute an offer or invitation for the sale or of! Made as to the fact that CVI Investments, Inc. is: P.O to me... Expanding menu of molecular diagnostic tests address key unmet clinical needs, a. Of another Investments, Inc Inc. ( ii ) Heights Capital Management is owned Susquehanna! To designate No representations and warranties are made as to the accuracy or fairness of forward-looking... Statement ) as only some of the Act ( 15 U.S.C advice relation. Of Heights their latest portfolio exit was Antares Pharma on May 24, 2022 of Heights their latest exit! And laser-focused on enabling early-stage entrepreneurs who have the ambition to transform incorporate a level! { hereto marked Appendix l filed by the entities listed below, data is from... Table = document.getElementById ( tableid ) ; Denominator: 92,061,563 is hands-on operations-driven! Financial matter you should consult an appropriate professional Investments is used to this method of hostile.. Prospectus Supplement ( to Short All rights reserved Antares Pharma on May 24,.... Interactions with our sites and services hostile takeovers in 1996 and is incorporated by!

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