Assembly Biosciences, Inc.
29.90%
2,209,471
1426800
045396108
Dec 18, 2024
Dec 23, 2024, 08:17 PM
Reporting Persons (1)
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Gilead Sciences, Inc. | CO | 29.90% | 2,209,471 | 2,209,471 | 0 |
Disclosure Items (7)
Common Stock, par value $0.001
Assembly Biosciences, Inc.
Two Tower Place, 7th Floor, South San Francisco, CA, 94080
Item 2(c) is amended to replace each reference to "Schedule I" with "Exhibit 99".
Item 2(e) is amended to replace the reference to "Schedule I" with "Exhibit 99".
Item 2(f) is amended to replace each reference to "Schedule I" with "Exhibit 99".
Item 3 is amended to add the following paragraph immediately following the last paragraph: On December 19, 2024, Gilead purchased 940,499 shares of Common Stock from the Issuer at a purchase price of $21.37 per share, pursuant to the Purchase Agreement. The total consideration for such purchase was approximately $20.1 million, and such consideration was obtained from the available cash resources of Gilead.
Number of shares beneficially owned: Gilead Sciences, Inc. - 2,209,471 Shares Percent of class: Gilead Sciences, Inc. - 29.9% The percentage ownership was calculated based upon 7,389,535 shares of common stock of the Issuer issued and outstanding, which 7,389,535 shares is equal to the sum of (i) 6,449,036 shares of common stock of the Issuer issued and outstanding as of December 18, 2024, as represented by the Issuer to Gilead on December 18, 2024, plus (ii) 940,499 shares of common stock issued by the Issuer to Gilead on December 19, 2024.
(i) Sole power to vote or to direct the vote: Gilead Sciences, Inc. - 2,209,471 shares (ii) Shared power to vote or to direct the vote: Gilead Sciences, Inc. - 0 shares (iii) Sole power to dispose or to direct the disposition of: Gilead Sciences, Inc. - 2,209,471 shares (iv) Shared power to dispose or to direct the disposition of: Gilead Sciences, Inc. - 0 shares To the best knowledge of the Reporting Person, none of the individuals listed on Exhibit 99 beneficially owns any of the Issuer's Common Stock. The Reporting Person beneficially owns a warrant to purchase 179,500 shares of Common Stock (the "Warrant") that was acquired from the Issuer on June 17, 2024. The Warrant held by the Reporting Person is subject to a limitation pursuant to which the Reporting Persons may not exercise the Warrant if such exercise would cause the Reporting Person to beneficially own Common Stock in an amount exceeding the "Beneficial Ownership Limitation" (as defined in the Warrant) then in effect. The Beneficial Ownership Limitation is subject to adjustment upon 61 days' notice by the holder of the Warrant to the Issuer and, as of the date of this Amendment No. 2, was 19.99% of the number of shares of Common Stock outstanding. As a result, none of the 179,500 shares of Common Stock underlying the Warrant are deemed to be beneficially owned by the Reporting Persons.
Except as reported in this Amendment No. 2, neither the Reporting Person nor, to the best knowledge of the Reporting Person, any of the individuals listed on Exhibit 99 have effected any transactions in the Common Stock during the past sixty (60) days.
Not applicable.
Not applicable.
Except as disclosed in Items 3 and 4 of this Amendment No. 2, there are no contracts, arrangements, understandings or relationships (legal or otherwise) to which the Reporting Person is a party with respect to the securities of the Issuer.
Exhibit 99 - List of Executive Officers and Directors of Gilead Sciences, Inc.