Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend]
15 November 2024 - 9:51AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)*
Trevi Therapeutics, Inc.
(Name of Issuer)
Common Stock, $0.001 par value
(Title of Class of Securities)
89532M101
(CUSIP Number)
September 30, 2024
(Date of Event Which Requires Filing of This
Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
* |
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. 89532M101 |
Page 2 of 17 |
|
|
1. |
Name of reporting persons
Venrock Healthcare Capital Partners II, L.P. |
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) x1
(b) ¨
|
3. |
SEC USE ONLY
|
4. |
Citizenship or Place of Organization
Delaware |
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With: |
5. |
Sole Voting Power
0 |
6. |
Shared Voting Power
7,676,9342 |
7. |
Sole Dispositive Power
0 |
8. |
Shared Dispositive Power
7,676,9342 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,676,9342 |
10. |
Check if the
Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11. |
Percent of Class Represented by Amount in Row (9)
9.99%3 |
12. |
Type of Reporting Person (See Instructions)
PN |
| 1 | Venrock Healthcare Capital Partners II, L.P., VHCP Co-Investment Holdings II, LLC, Venrock Healthcare Capital Partners III, L.P.,
VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management II, LLC, VHCP Management III, LLC,
VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A. |
| 2 | Consists of (i) 549,374 shares and 263,223 shares issuable upon the exercise of immediately exercisable pre-funded warrants (“Warrants”)
held by Venrock Healthcare Capital Partners II, L.P., (ii) 222,619 shares and 106,665 shares issuable upon the exercise of Warrants held
by VHCP Co-Investment Holdings II, LLC, (iii) 1,188,275 shares and 1,257,818 shares issuable upon the exercise of Warrants held by Venrock
Healthcare Capital Partners III, L.P., (iv) 118,894 shares and 125,843 shares issuable upon the exercise of Warrants held by VHCP Co-Investment
Holdings III, LLC and (v) 1,343,494 shares and 2,500,729 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital
Partners EG, L.P. The share numbers in the preceding sentence represent the maximum number of shares of common stock issuable upon exercise
of the Warrants held by the Reporting Persons as a result of the beneficial ownership provision described in the following sentence. Under
the terms of the Warrants, the Issuer may not effect the exercise of any such Warrant, and a holder will not be entitled to exercise any
portion of such Warrant, if, upon giving effect to such exercise, the aggregate number of shares of common stock beneficially owned by
the holder (together with its affiliates and other attribution parties) would exceed 9.99% of the number of shares of common stock outstanding
immediately after giving effect to the exercise. |
| 3 | This percentage is calculated based upon the sum of (i) 72,591,917 shares outstanding as of July 31, 2024, as reported in the Issuer’s
Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on August 8, 2024
and (ii) 4,254,278 shares issuable upon the exercise of the Warrants described in Footnote 2 above. |
CUSIP No. 89532M101 |
Page 3 of 17 |
|
|
1. |
Name of reporting persons
VHCP Co-Investment Holdings II, LLC |
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) x1
(b) ¨
|
3. |
SEC USE ONLY
|
4. |
Citizenship or Place of Organization
Delaware |
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With: |
5. |
Sole Voting Power
0 |
6. |
Shared Voting Power
7,676,9342 |
7. |
Sole Dispositive Power
0 |
8. |
Shared Dispositive Power
7,676,9342 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,676,9342 |
10. |
Check if the
Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11. |
Percent of Class Represented by Amount in Row (9)
9.99%3 |
12. |
Type of Reporting Person (See Instructions)
OO |
| 1 | Venrock Healthcare Capital Partners II, L.P., VHCP Co-Investment Holdings II, LLC, Venrock Healthcare Capital Partners III, L.P.,
VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management II, LLC, VHCP Management III, LLC,
VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A. |
| 2 | Consists of (i) 549,374 shares and 263,223 shares issuable upon the exercise of immediately exercisable Warrants held by Venrock Healthcare
Capital Partners II, L.P., (ii) 222,619 shares and 106,665 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings
II, LLC, (iii) 1,188,275 shares and 1,257,818 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners
III, L.P., (iv) 118,894 shares and 125,843 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings III, LLC
and (v) 1,343,494 shares and 2,500,729 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners EG, L.P.
The share numbers in the preceding sentence represent the maximum number of shares of common stock issuable upon exercise of the Warrants
held by the Reporting Persons as a result of the beneficial ownership provision described in the following sentence. Under the terms of
the Warrants, the Issuer may not effect the exercise of any such Warrant, and a holder will not be entitled to exercise any portion of
such Warrant, if, upon giving effect to such exercise, the aggregate number of shares of common stock beneficially owned by the holder
(together with its affiliates and other attribution parties) would exceed 9.99% of the number of shares of common stock outstanding immediately
after giving effect to the exercise. |
| 3 | This percentage is calculated based upon the sum of (i) 72,591,917 shares outstanding as of July 31, 2024, as reported in the Issuer’s
Quarterly Report on Form 10-Q filed with the SEC on August 8, 2024 and (ii) 4,254,278 shares issuable upon the exercise of the Warrants
described in Footnote 2 above. |
CUSIP No. 89532M101 |
Page 4 of 17 |
|
|
1. |
Name of reporting persons
Venrock Healthcare Capital Partners III, L.P. |
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) x1
(b) ¨
|
3. |
SEC USE ONLY
|
4. |
Citizenship or Place of Organization
Delaware |
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With: |
5. |
Sole Voting Power
0 |
6. |
Shared Voting Power
7,676,9342 |
7. |
Sole Dispositive Power
0 |
8. |
Shared Dispositive Power
7,676,9342 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,676,9342 |
10. |
Check if the
Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11. |
Percent of Class Represented by Amount in Row (9)
9.99%3 |
12. |
Type of Reporting Person (See Instructions)
PN |
| 1 | Venrock Healthcare Capital Partners II, L.P., VHCP Co-Investment Holdings II, LLC, Venrock Healthcare Capital Partners III, L.P.,
VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management II, LLC, VHCP Management III, LLC,
VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A. |
| 2 | Consists of (i) 549,374 shares and 263,223 shares issuable upon the exercise of immediately exercisable Warrants held by Venrock Healthcare
Capital Partners II, L.P., (ii) 222,619 shares and 106,665 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings
II, LLC, (iii) 1,188,275 shares and 1,257,818 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners
III, L.P., (iv) 118,894 shares and 125,843 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings III, LLC
and (v) 1,343,494 shares and 2,500,729 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners EG, L.P.
The share numbers in the preceding sentence represent the maximum number of shares of common stock issuable upon exercise of the Warrants
held by the Reporting Persons as a result of the beneficial ownership provision described in the following sentence. Under the terms of
the Warrants, the Issuer may not effect the exercise of any such Warrant, and a holder will not be entitled to exercise any portion of
such Warrant, if, upon giving effect to such exercise, the aggregate number of shares of common stock beneficially owned by the holder
(together with its affiliates and other attribution parties) would exceed 9.99% of the number of shares of common stock outstanding immediately
after giving effect to the exercise. |
| 3 | This percentage is calculated based upon the sum of (i) 72,591,917 shares outstanding as of July 31, 2024, as reported in the Issuer’s
Quarterly Report on Form 10-Q filed with the SEC on August 8, 2024 and (ii) 4,254,278 shares issuable upon the exercise of the Warrants
described in Footnote 2 above. |
CUSIP No. 89532M101 |
Page 5 of 17 |
|
|
1. |
Name of reporting persons
VHCP Co-Investment Holdings III, LLC |
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) x1
(b) ¨
|
3. |
SEC USE ONLY
|
4. |
Citizenship or Place of Organization
Delaware |
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With: |
5. |
Sole Voting Power
0 |
6. |
Shared Voting Power
7,676,9342 |
7. |
Sole Dispositive Power
0 |
8. |
Shared Dispositive Power
7,676,9342 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,676,9342 |
10. |
Check if the
Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11. |
Percent of Class Represented by Amount in Row (9)
9.99%3 |
12. |
Type of Reporting Person (See Instructions)
OO |
| 1 | Venrock Healthcare Capital Partners II, L.P., VHCP Co-Investment Holdings II, LLC, Venrock Healthcare Capital Partners III, L.P.,
VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management II, LLC, VHCP Management III, LLC,
VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A. |
| 2 | Consists of (i) 549,374 shares and 263,223 shares issuable upon the exercise of immediately exercisable Warrants held by Venrock Healthcare
Capital Partners II, L.P., (ii) 222,619 shares and 106,665 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings
II, LLC, (iii) 1,188,275 shares and 1,257,818 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners
III, L.P., (iv) 118,894 shares and 125,843 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings III, LLC
and (v) 1,343,494 shares and 2,500,729 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners EG, L.P.
The share numbers in the preceding sentence represent the maximum number of shares of common stock issuable upon exercise of the Warrants
held by the Reporting Persons as a result of the beneficial ownership provision described in the following sentence. Under the terms of
the Warrants, the Issuer may not effect the exercise of any such Warrant, and a holder will not be entitled to exercise any portion of
such Warrant, if, upon giving effect to such exercise, the aggregate number of shares of common stock beneficially owned by the holder
(together with its affiliates and other attribution parties) would exceed 9.99% of the number of shares of common stock outstanding immediately
after giving effect to the exercise. |
| 3 | This percentage is calculated based upon the sum of (i) 72,591,917 shares outstanding as of July 31, 2024, as reported in the Issuer’s
Quarterly Report on Form 10-Q filed with the SEC on August 8, 2024 and (ii) 4,254,278 shares issuable upon the exercise of the Warrants
described in Footnote 2 above. |
CUSIP No. 89532M101 |
Page 6 of 17 |
|
|
1. |
Name of reporting persons
Venrock Healthcare Capital Partners EG, L.P. |
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) x1
(b) ¨
|
3. |
SEC USE ONLY
|
4. |
Citizenship or Place of Organization
Delaware |
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With: |
5. |
Sole Voting Power
0 |
6. |
Shared Voting Power
7,676,9342 |
7. |
Sole Dispositive Power
0 |
8. |
Shared Dispositive Power
7,676,9342 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,676,9342 |
10. |
Check if the
Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11. |
Percent of Class Represented by Amount in Row (9)
9.99%3 |
12. |
Type of Reporting Person (See Instructions)
PN |
| 1 | Venrock Healthcare Capital Partners II, L.P., VHCP Co-Investment Holdings II, LLC, Venrock Healthcare Capital Partners III, L.P.,
VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management II, LLC, VHCP Management III, LLC,
VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A. |
| 2 | Consists of (i) 549,374 shares and 263,223 shares issuable upon the exercise of immediately exercisable Warrants held by Venrock Healthcare
Capital Partners II, L.P., (ii) 222,619 shares and 106,665 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings
II, LLC, (iii) 1,188,275 shares and 1,257,818 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners
III, L.P., (iv) 118,894 shares and 125,843 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings III, LLC
and (v) 1,343,494 shares and 2,500,729 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners EG, L.P.
The share numbers in the preceding sentence represent the maximum number of shares of common stock issuable upon exercise of the Warrants
held by the Reporting Persons as a result of the beneficial ownership provision described in the following sentence. Under the terms of
the Warrants, the Issuer may not effect the exercise of any such Warrant, and a holder will not be entitled to exercise any portion of
such Warrant, if, upon giving effect to such exercise, the aggregate number of shares of common stock beneficially owned by the holder
(together with its affiliates and other attribution parties) would exceed 9.99% of the number of shares of common stock outstanding immediately
after giving effect to the exercise. |
| 3 | This percentage is calculated based upon the sum of (i) 72,591,917 shares outstanding as of July 31, 2024, as reported in the Issuer’s
Quarterly Report on Form 10-Q filed with the SEC on August 8, 2024 and (ii) 4,254,278 shares issuable upon the exercise of the Warrants
described in Footnote 2 above. |
CUSIP No. 89532M101 |
Page 7 of 17 |
|
|
1. |
Name of reporting persons
VHCP Management II, LLC |
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) x1
(b) ¨
|
3. |
SEC USE ONLY
|
4. |
Citizenship or Place of Organization
Delaware |
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With: |
5. |
Sole Voting Power
0 |
6. |
Shared Voting Power
7,676,9342 |
7. |
Sole Dispositive Power
0 |
8. |
Shared Dispositive Power
7,676,9342 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,676,9342 |
10. |
Check if the
Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11. |
Percent of Class Represented by Amount in Row (9)
9.99%3 |
12. |
Type of Reporting Person (See Instructions)
OO |
| 1 | Venrock Healthcare Capital Partners II, L.P., VHCP Co-Investment Holdings II, LLC, Venrock Healthcare Capital Partners III, L.P.,
VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management II, LLC, VHCP Management III, LLC,
VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A. |
| 2 | Consists of (i) 549,374 shares and 263,223 shares issuable upon the exercise of immediately exercisable Warrants held by Venrock Healthcare
Capital Partners II, L.P., (ii) 222,619 shares and 106,665 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings
II, LLC, (iii) 1,188,275 shares and 1,257,818 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners
III, L.P., (iv) 118,894 shares and 125,843 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings III, LLC
and (v) 1,343,494 shares and 2,500,729 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners EG, L.P.
The share numbers in the preceding sentence represent the maximum number of shares of common stock issuable upon exercise of the Warrants
held by the Reporting Persons as a result of the beneficial ownership provision described in the following sentence. Under the terms of
the Warrants, the Issuer may not effect the exercise of any such Warrant, and a holder will not be entitled to exercise any portion of
such Warrant, if, upon giving effect to such exercise, the aggregate number of shares of common stock beneficially owned by the holder
(together with its affiliates and other attribution parties) would exceed 9.99% of the number of shares of common stock outstanding immediately
after giving effect to the exercise. |
| 3 | This percentage is calculated based upon the sum of (i) 72,591,917 shares outstanding as of July 31, 2024, as reported in the Issuer’s
Quarterly Report on Form 10-Q filed with the SEC on August 8, 2024 and (ii) 4,254,278 shares issuable upon the exercise of the Warrants
described in Footnote 2 above. |
CUSIP No. 89532M101 |
Page 8 of 17 |
|
|
1. |
Name of reporting persons
VHCP Management III, LLC |
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) x1
(b) ¨
|
3. |
SEC USE ONLY
|
4. |
Citizenship or Place of Organization
Delaware |
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With: |
5. |
Sole Voting Power
0 |
6. |
Shared Voting Power
7,676,9342 |
7. |
Sole Dispositive Power
0 |
8. |
Shared Dispositive Power
7,676,9342 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,676,9342 |
10. |
Check if the
Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11. |
Percent of Class Represented by Amount in Row (9)
9.99%3 |
12. |
Type of Reporting Person (See Instructions)
OO |
| 1 | Venrock Healthcare Capital Partners II, L.P., VHCP Co-Investment Holdings II, LLC, Venrock Healthcare Capital Partners III, L.P.,
VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management II, LLC, VHCP Management III, LLC,
VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A. |
| 2 | Consists of (i) 549,374 shares and 263,223 shares issuable upon the exercise of immediately exercisable Warrants held by Venrock Healthcare
Capital Partners II, L.P., (ii) 222,619 shares and 106,665 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings
II, LLC, (iii) 1,188,275 shares and 1,257,818 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners
III, L.P., (iv) 118,894 shares and 125,843 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings III, LLC
and (v) 1,343,494 shares and 2,500,729 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners EG, L.P.
The share numbers in the preceding sentence represent the maximum number of shares of common stock issuable upon exercise of the Warrants
held by the Reporting Persons as a result of the beneficial ownership provision described in the following sentence. Under the terms of
the Warrants, the Issuer may not effect the exercise of any such Warrant, and a holder will not be entitled to exercise any portion of
such Warrant, if, upon giving effect to such exercise, the aggregate number of shares of common stock beneficially owned by the holder
(together with its affiliates and other attribution parties) would exceed 9.99% of the number of shares of common stock outstanding immediately
after giving effect to the exercise. |
| 3 | This percentage is calculated based upon the sum of (i) 72,591,917 shares outstanding as of July 31, 2024, as reported in the Issuer’s
Quarterly Report on Form 10-Q filed with the SEC on August 8, 2024 and (ii) 4,254,278 shares issuable upon the exercise of the Warrants
described in Footnote 2 above. |
CUSIP No. 89532M101 |
Page 9 of 17 |
|
|
1. |
Name of reporting persons
VHCP Management EG, LLC |
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) x1
(b) ¨
|
3. |
SEC USE ONLY
|
4. |
Citizenship or Place of Organization
Delaware |
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With: |
5. |
Sole Voting Power
0 |
6. |
Shared Voting Power
7,676,9342 |
7. |
Sole Dispositive Power
0 |
8. |
Shared Dispositive Power
7,676,9342 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,676,9342 |
10. |
Check if the
Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11. |
Percent of Class Represented by Amount in Row (9)
9.99%3 |
12. |
Type of Reporting Person (See Instructions)
OO |
| 1 | Venrock Healthcare Capital Partners II, L.P., VHCP Co-Investment Holdings II, LLC, Venrock Healthcare Capital Partners III, L.P.,
VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management II, LLC, VHCP Management III, LLC,
VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A. |
| 2 | Consists of (i) 549,374 shares and 263,223 shares issuable upon the exercise of immediately exercisable Warrants held by Venrock Healthcare
Capital Partners II, L.P., (ii) 222,619 shares and 106,665 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings
II, LLC, (iii) 1,188,275 shares and 1,257,818 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners
III, L.P., (iv) 118,894 shares and 125,843 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings III, LLC
and (v) 1,343,494 shares and 2,500,729 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners EG, L.P.
The share numbers in the preceding sentence represent the maximum number of shares of common stock issuable upon exercise of the Warrants
held by the Reporting Persons as a result of the beneficial ownership provision described in the following sentence. Under the terms of
the Warrants, the Issuer may not effect the exercise of any such Warrant, and a holder will not be entitled to exercise any portion of
such Warrant, if, upon giving effect to such exercise, the aggregate number of shares of common stock beneficially owned by the holder
(together with its affiliates and other attribution parties) would exceed 9.99% of the number of shares of common stock outstanding immediately
after giving effect to the exercise. |
| 3 | This percentage is calculated based upon the sum of (i) 72,591,917 shares outstanding as of July 31, 2024, as reported in the Issuer’s
Quarterly Report on Form 10-Q filed with the SEC on August 8, 2024 and (ii) 4,254,278 shares issuable upon the exercise of the Warrants
described in Footnote 2 above. |
CUSIP No. 89532M101 |
Page 10 of 17 |
|
|
1. |
Name of Reporting Persons
Shah, Nimish |
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) x1
(b) ¨
|
3. |
SEC USE ONLY
|
4. |
Citizenship or Place of Organization
United States |
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With: |
5. |
Sole Voting Power
0 |
6. |
Shared Voting Power
7,676,9342 |
7. |
Sole Dispositive Power
0 |
8. |
Shared Dispositive Power
7,676,9342 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,676,9342 |
10. |
Check if the
Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11. |
Percent of Class Represented by Amount in Row (9)
9.99%3 |
12. |
Type of Reporting Person (See Instructions)
IN |
| 1 | Venrock Healthcare Capital Partners II, L.P., VHCP Co-Investment Holdings II, LLC, Venrock Healthcare Capital Partners III, L.P.,
VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management II, LLC, VHCP Management III, LLC,
VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A. |
| 2 | Consists of (i) 549,374 shares and 263,223 shares issuable upon the exercise of immediately exercisable Warrants held by Venrock Healthcare
Capital Partners II, L.P., (ii) 222,619 shares and 106,665 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings
II, LLC, (iii) 1,188,275 shares and 1,257,818 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners
III, L.P., (iv) 118,894 shares and 125,843 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings III, LLC
and (v) 1,343,494 shares and 2,500,729 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners EG, L.P.
The share numbers in the preceding sentence represent the maximum number of shares of common stock issuable upon exercise of the Warrants
held by the Reporting Persons as a result of the beneficial ownership provision described in the following sentence. Under the terms of
the Warrants, the Issuer may not effect the exercise of any such Warrant, and a holder will not be entitled to exercise any portion of
such Warrant, if, upon giving effect to such exercise, the aggregate number of shares of common stock beneficially owned by the holder
(together with its affiliates and other attribution parties) would exceed 9.99% of the number of shares of common stock outstanding immediately
after giving effect to the exercise. |
| 3 | This percentage is calculated based upon the sum of (i) 72,591,917 shares outstanding as of July 31, 2024, as reported in the Issuer’s
Quarterly Report on Form 10-Q filed with the SEC on August 8, 2024 and (ii) 4,254,278 shares issuable upon the exercise of the Warrants
described in Footnote 2 above. |
CUSIP No. 89532M101 |
Page 11 of 17 |
|
|
1. |
Name of Reporting Persons
Koh, Bong |
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) x1
(b) ¨
|
3. |
SEC USE ONLY
|
4. |
Citizenship or Place of Organization
United States |
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With: |
5. |
Sole Voting Power
0 |
6. |
Shared Voting Power
7,676,9342 |
7. |
Sole Dispositive Power
0 |
8. |
Shared Dispositive Power
7,676,9342 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
7,676,9342 |
10. |
Check if the
Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11. |
Percent of Class Represented by Amount in Row (9)
9.99%3 |
12. |
Type of Reporting Person (See Instructions)
IN |
| 1 | Venrock Healthcare Capital Partners II, L.P., VHCP Co-Investment Holdings II, LLC, Venrock Healthcare Capital Partners III, L.P.,
VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management II, LLC, VHCP Management III, LLC,
VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A. |
| 2 | Consists of (i) 549,374 shares and 263,223 shares issuable upon the exercise of immediately exercisable Warrants held by Venrock Healthcare
Capital Partners II, L.P., (ii) 222,619 shares and 106,665 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings
II, LLC, (iii) 1,188,275 shares and 1,257,818 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners
III, L.P., (iv) 118,894 shares and 125,843 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings III, LLC
and (v) 1,343,494 shares and 2,500,729 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners EG, L.P.
The share numbers in the preceding sentence represent the maximum number of shares of common stock issuable upon exercise of the Warrants
held by the Reporting Persons as a result of the beneficial ownership provision described in the following sentence. Under the terms of
the Warrants, the Issuer may not effect the exercise of any such Warrant, and a holder will not be entitled to exercise any portion of
such Warrant, if, upon giving effect to such exercise, the aggregate number of shares of common stock beneficially owned by the holder
(together with its affiliates and other attribution parties) would exceed 9.99% of the number of shares of common stock outstanding immediately
after giving effect to the exercise. |
| 3 | This percentage is calculated based upon the sum of (i) 72,591,917 shares outstanding as of July 31, 2024, as reported in the Issuer’s
Quarterly Report on Form 10-Q filed with the SEC on August 8, 2024 and (ii) 4,254,278 shares issuable upon the exercise of the Warrants
described in Footnote 2 above. |
CUSIP No. 89532M101 |
Page 12 of 17 |
Introductory Note: This Schedule 13G/A is filed on behalf of Venrock
Healthcare Capital Partners II, L.P., a limited partnership organized under the laws of the State of Delaware (“VHCP II LP”),
VHCP Co-Investment Holdings II, LLC, a limited liability company organized under the laws of the State of Delaware (“VHCP
Co-Investment II”), Venrock Healthcare Capital Partners III, L.P., a limited partnership organized under the laws of the
State of Delaware (“VHCP III LP”), VHCP Co-Investment Holdings III, LLC, a limited liability company organized
under the laws of the State of Delaware (“VHCP Co-Investment III”), Venrock Healthcare Capital Partners EG,
L.P., a limited partnership organized under the laws of the State of Delaware (“VHCP EG”), VHCP Management II,
LLC, a limited liability company organized under the laws of the State of Delaware (“VHCP Management II”), VHCP
Management III, LLC, a limited liability company organized under the laws of the State of Delaware (“VHCP Management III”),
VHCP Management EG, LLC, a limited liability company organized under the laws of the State of Delaware (“VHCP Management EG”
and collectively with VHCP II LP, VHCP Co-Investment II, VHCP III LP, VHCP Co-Investment III, VHCP EG, VHCP Management II and VHCP Management
III, the “Venrock Entities”), Nimish Shah (“Shah”) and Bong Koh (“Koh”)
in respect of Common Stock of Trevi Therapeutics, Inc.
Item 1.
Trevi Therapeutics, Inc.
| (b) | Address
of Issuer’s Principal Executive Offices |
195 Church Street, 16th Floor
New Haven, CT 06510
Item 2.
Venrock Healthcare Capital Partners II, L.P.
VHCP Co-Investment Holdings II, LLC
Venrock Healthcare Capital Partners III, L.P.
VHCP Co-Investment Holdings III, LLC
Venrock Healthcare Capital Partners EG, L.P.
VHCP Management II, LLC
VHCP Management III, LLC
VHCP Management EG, LLC
Nimish Shah
Bong Koh
| (b) | Address
of Principal Business Office or, if none, Residence |
|
New York Office: |
Palo Alto Office: |
|
|
|
|
7 Bryant Park |
3340 Hillview Avenue |
|
23rd Floor |
Palo Alto, CA 94304 |
|
New York, NY 10018 |
|
All of the Venrock Entities were organized in Delaware. The individuals
are both United States citizens.
| (d) | Title
of Class of Securities |
Common Stock, par value $0.001 per share
89532M101
CUSIP No. 89532M101 |
Page 13 of 17 |
Item 3. |
If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: |
Not applicable
| (a) | Amount
Beneficially Owned as of September 30, 2024: |
Venrock Healthcare Capital Partners II, L.P. | |
| 7,676,934 | (1) |
VHCP Co-Investment Holdings II, LLC | |
| 7,676,934 | (1) |
Venrock Healthcare Capital Partners III, L.P. | |
| 7,676,934 | (1) |
VHCP Co-Investment Holdings III, LLC | |
| 7,676,934 | (1) |
Venrock Healthcare Capital Partners EG, L.P. | |
| 7,676,934 | (1) |
VHCP Management II, LLC | |
| 7,676,934 | (1) |
VHCP Management III, LLC | |
| 7,676,934 | (1) |
VHCP Management EG, LLC | |
| 7,676,934 | (1) |
Nimish Shah | |
| 7,676,934 | (1) |
Bong Koh | |
| 7,676,934 | (1) |
| (b) | Percent
of Class as of September 30, 2024: |
Venrock Healthcare Capital Partners II, L.P. | |
| 9.99 | % |
VHCP Co-Investment Holdings II, LLC | |
| 9.99 | % |
Venrock Healthcare Capital Partners III, L.P. | |
| 9.99 | % |
VHCP Co-Investment Holdings III, LLC | |
| 9.99 | % |
Venrock Healthcare Capital Partners EG, L.P. | |
| 9.99 | % |
VHCP Management II, LLC | |
| 9.99 | % |
VHCP Management III, LLC | |
| 9.99 | % |
VHCP Management EG, LLC | |
| 9.99 | % |
Nimish Shah | |
| 9.99 | % |
Bong Koh | |
| 9.99 | % |
| (c) | Number
of shares as to which the person has, as of September 30, 2024: |
| (i) | Sole
power to vote or to direct the vote |
Venrock Healthcare Capital Partners II, L.P. | |
| 0 | |
VHCP Co-Investment Holdings II, LLC | |
| 0 | |
Venrock Healthcare Capital Partners III, L.P. | |
| 0 | |
VHCP Co-Investment Holdings III, LLC | |
| 0 | |
Venrock Healthcare Capital Partners EG, L.P. | |
| 0 | |
VHCP Management II, LLC | |
| 0 | |
VHCP Management III, LLC | |
| 0 | |
VHCP Management EG, LLC | |
| 0 | |
Nimish Shah | |
| 0 | |
Bong Koh | |
| 0 | |
CUSIP No. 89532M101 |
Page 14 of 17 |
| (ii) | Shared
power to vote or to direct the vote |
Venrock Healthcare Capital Partners II, L.P. | |
| 7,676,934 | (1) |
VHCP Co-Investment Holdings II, LLC | |
| 7,676,934 | (1) |
Venrock Healthcare Capital Partners III, L.P. | |
| 7,676,934 | (1) |
VHCP Co-Investment Holdings III, LLC | |
| 7,676,934 | (1) |
Venrock Healthcare Capital Partners EG, L.P. | |
| 7,676,934 | (1) |
VHCP Management II, LLC | |
| 7,676,934 | (1) |
VHCP Management III, LLC | |
| 7,676,934 | (1) |
VHCP Management EG, LLC | |
| 7,676,934 | (1) |
Nimish Shah | |
| 7,676,934 | (1) |
Bong Koh | |
| 7,676,934 | (1) |
| (iii) | Sole
power to dispose or to direct the disposition of |
Venrock Healthcare Capital Partners II, L.P. | |
| 0 | |
VHCP Co-Investment Holdings II, LLC | |
| 0 | |
Venrock Healthcare Capital Partners III, L.P. | |
| 0 | |
VHCP Co-Investment Holdings III, LLC | |
| 0 | |
Venrock Healthcare Capital Partners EG, L.P. | |
| 0 | |
VHCP Management II, LLC | |
| 0 | |
VHCP Management III, LLC | |
| 0 | |
VHCP Management EG, LLC | |
| 0 | |
Nimish Shah | |
| 0 | |
Bong Koh | |
| 0 | |
| (iv) | Shared
power to dispose or to direct the disposition of |
Venrock Healthcare Capital Partners II, L.P. | |
| 7,676,934 | (1) |
VHCP Co-Investment Holdings II, LLC | |
| 7,676,934 | (1) |
Venrock Healthcare Capital Partners III, L.P. | |
| 7,676,934 | (1) |
VHCP Co-Investment Holdings III, LLC | |
| 7,676,934 | (1) |
Venrock Healthcare Capital Partners EG, L.P. | |
| 7,676,934 | (1) |
VHCP Management II, LLC | |
| 7,676,934 | (1) |
VHCP Management III, LLC | |
| 7,676,934 | (1) |
VHCP Management EG, LLC | |
| 7,676,934 | (1) |
Nimish Shah | |
| 7,676,934 | (1) |
Bong Koh | |
| 7,676,934 | (1) |
| (1) | Consists of (i) 549,374 shares and 263,223 shares issuable upon the exercise of immediately exercisable Warrants held by Venrock Healthcare
Capital Partners II, L.P., (ii) 222,619 shares and 106,665 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings
II, LLC, (iii) 1,188,275 shares and 1,257,818 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners
III, L.P., (iv) 118,894 shares and 125,843 shares issuable upon the exercise of Warrants held by VHCP Co-Investment Holdings III, LLC
and (v) 1,343,494 shares and 2,500,729 shares issuable upon the exercise of Warrants held by Venrock Healthcare Capital Partners EG, L.P.
The share numbers in the preceding sentence represent the maximum number of shares of common stock issuable upon exercise of the Warrants
held by the Reporting Persons as a result of the beneficial ownership provision described in the following sentence. Under the terms of
the Warrants, the Issuer may not effect the exercise of any such Warrant, and a holder will not be entitled to exercise any portion of
such Warrant, if, upon giving effect to such exercise, the aggregate number of shares of common stock beneficially owned by the holder
(together with its affiliates and other attribution parties) would exceed 9.99% of the number of shares of common stock outstanding immediately
after giving effect to the exercise. |
VHCP Management II, LLC is the general partner of Venrock
Healthcare Capital Partners II, L.P. and the manager of VHCP Co-Investment Holdings II, LLC. VHCP Management III, LLC is the general partner
of Venrock Healthcare Capital Partners III, L.P. and the manager of VHCP Co-Investment Holdings III, LLC. VHCP Management EG, LLC is the
general partner of Venrock Healthcare Capital Partners EG, L.P. Messrs. Shah and Koh are the voting members of VHCP Management II, LLC,
VHCP Management III, LLC and VHCP Management EG, LLC.
CUSIP No. 89532M101 |
Page 15 of 17 |
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 ¨.
Item 6. |
Ownership of More than Five Percent on Behalf of Another Person |
Not Applicable
Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. |
Not Applicable
Item 8. |
Identification and Classification of Members of the Group |
Not Applicable
Item 9. |
Notice of Dissolution of a Group |
Not Applicable
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.
CUSIP No. 89532M101 |
Page 16 of 17 |
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:
November 14, 2024
|
|
|
|
|
|
|
Venrock Healthcare Capital Partners II, L.P. |
|
Venrock Healthcare Capital Partners III, L.P. |
|
|
|
By: |
VHCP Management II, LLC |
|
By: |
VHCP Management III, LLC |
Its: |
General Partner |
|
Its: |
General Partner |
|
|
|
|
|
By: |
/s/ Sherman G. Souther |
|
By: |
/s/ Sherman G. Souther |
|
Name: |
Sherman G. Souther |
|
|
Name: |
Sherman G. Souther |
|
Its: |
Authorized Signatory |
|
|
Its: |
Authorized Signatory |
|
|
|
|
|
|
|
|
|
|
VHCP Co-Investment Holdings II, LLC |
|
VHCP Co-Investment Holdings III, LLC |
|
|
|
|
|
By: |
VHCP Management II, LLC |
|
By: |
VHCP Management III, LLC |
Its: |
Manager |
|
Its: |
Manager |
|
|
|
|
|
By: |
/s/ Sherman G. Souther |
|
By: |
/s/ Sherman G. Souther |
|
Name: |
Sherman G. Souther |
|
|
Name: |
Sherman G. Souther |
|
Its: |
Authorized Signatory |
|
|
Its: |
Authorized Signatory |
|
|
|
|
|
|
|
|
|
|
Venrock Healthcare Capital Partners EG, L.P. |
|
VHCP Management EG, LLC |
|
|
|
|
|
By: |
VHCP Management EG, LLC |
|
By: |
/s/ Sherman G. Souther |
Its: |
General Partner |
|
|
Name: |
Sherman G. Souther |
|
|
|
|
Its: |
Authorized Signatory |
By: |
/s/ Sherman G. Souther |
|
|
|
|
Name: |
Sherman G. Souther |
|
|
|
|
Its: |
Authorized Signatory |
|
|
|
|
|
|
|
|
|
|
|
|
|
VHCP Management II, LLC |
|
VHCP Management III, LLC |
|
|
|
|
|
By: |
/s/ Sherman G. Souther |
|
By: |
/s/ Sherman G. Souther |
|
Name: |
Sherman G. Souther |
|
|
Name: |
Sherman G. Souther |
|
Its: |
Authorized Signatory |
|
|
Its: |
Authorized Signatory |
|
|
|
|
|
|
|
|
|
|
Nimish Shah |
|
Bong Koh |
|
|
|
|
|
By: |
/s/ Sherman G. Souther |
|
By: |
/s/ Sherman G. Souther |
|
Sherman G. Souther, as attorney-in-fact |
|
|
Sherman G. Souther, as attorney-in-fact |
|
|
|
|
|
|
|
CUSIP No. 89532M101 |
Page 17 of 17 |
EXHIBITS
Trevi Therapeutics (NASDAQ:TRVI)
Historical Stock Chart
From Oct 2024 to Nov 2024
Trevi Therapeutics (NASDAQ:TRVI)
Historical Stock Chart
From Nov 2023 to Nov 2024