CVRx, Inc.
7.80%
2,026,083
1235912
126638105
Feb 17, 2025
Feb 20, 2025, 07:08 PM
Reporting Persons (8)
This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| New Enterprise Associates 10, Limited Partnership | Partnership | 7.80% | 2,026,083 | 0 | 2,026,083 |
| Anthony A. Florence, Jr. | Individual | 7.80% | 2,026,083 | 0 | 2,026,083 |
| Mohamad H. Makhzoumi | Individual | 7.80% | 2,026,083 | 0 | 2,026,083 |
| Scott D. Sandell | Individual | 7.80% | 2,026,083 | 0 | 2,026,083 |
| NEA Partners 10, Limited Partnership | Partnership | 7.80% | 2,026,083 | 0 | 2,026,083 |
| New Enterprise Associates 8A, Limited Partnership | Partnership | 0.00% | 0 | 0 | 0 |
| NEA Partners VIII, Limited Partnership | Partnership | 0.00% | 0 | 0 | 0 |
| New Enterprise Associates VIII, Limited Partnership | Partnership | 0.00% | 0 | 0 | 0 |
Disclosure Items (7)
Common Stock, par value $0.01 per share
CVRx, Inc.
9201 West Broadway Avenue, Minneapolis, MN, 55445
New Enterprise Associates 10, Limited Partnership ("NEA 10"); New Enterprise Associates 8A, Limited Partnership ("NEA 8A"); New Enterprise Associates VIII, Limited Partnership ("NEA VIII" and, together with NEA 10 and NEA 8A, the "Funds"); NEA Partners 10, Limited Partnership ("NEA Partners 10"), the sole general partner of NEA 8A and NEA 10; NEA Partners VIII, Limited Partnership ("NEA Partners VIII" and, together with NEA Partners 10, the "GPLPs"), the sole general partner of NEA VIII; and Anthony A. Florence, Jr. ("Florence"), Mohamad H. Makhzoumi ("Makhzoumi") and Scott D. Sandell ("Sandell"). Sandell is the sole individual general partner of NEA Partners 10. Florence, Makhzoumi and Sandell are each a member of the Executive Committee of NEA Management Company, LLC (the "Executive Committee"). The persons named in this Item 2 are referred to individually herein as a "Reporting Person" and collectively as the "Reporting Persons."
The address of the principal business office of the Funds, the GPLPs and Sandell is New Enterprise Associates, 1954 Greenspring Drive, Suite 600, Timonium, MD 21093. The address of the principal business office of Makhzoumi is 2855 Sand Hill Road, Menlo Park, CA 94025. The address of the principal business office of Florence is 104 5th Ave., 19th Floor, New York, NY 10011.
The principal business of each Fund is to invest in and assist growth-oriented businesses located principally in the United States. The principal business of NEA Partners 10 is to act as the sole general partner of NEA 8A and NEA 10. The principal business of NEA Partners VIII is to act as the sole general partner of NEA VIII. The principal business of Florence, Makhzoumi and Sandell is to manage the GPLPs, the Funds and a number of affiliated partnerships with similar businesses.
During the five years prior to the date hereof, none of the Reporting Persons has been convicted in a criminal proceeding or has been a party to a civil proceeding ending in 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.
Each of NEA 10, NEA 8A, NEA Partners 10, NEA VIII and NEA Partners VIII is a limited partnership organized under the laws of the State of Delaware. Florence, Makhzoumi and Sandell are each a United States citizen.
Not applicable.
NEA 10 is the record owner of the NEA 10 Shares. As the sole general partner of NEA 10, NEA Partners 10 may be deemed to own beneficially the NEA 10 Shares. As the sole general partner of NEA Partners 10, Sandell may be deemed to own beneficially the NEA 10 Shares. As individual members of the Executive Committee, which committee has been delegated approval rights with respect to dispositions of the NEA 10 Shares, each of Florence and Makhzoumi may also be deemed to beneficially own the NEA 10 Shares. Each Reporting Person disclaims beneficial ownership of the NEA 10 Shares other than those shares which such person owns of record. The percentage of outstanding Common Stock of the Issuer which may be deemed to be beneficially owned by each Reporting Person is set forth on Line 13 of such Reporting Person's cover sheet. Such percentage was calculated based on 26,036,032 shares of Common Stock reported by the Issuer to be outstanding as of February 11, 2025, on the Issuer's Form 10-K filed with the Securities and Exchange Commission on February 18, 2025.
Regarding the number of shares as to which such person has: (i) sole power to vote or to direct the vote: See line 7 of cover sheets (ii) shared power to vote or to direct the vote: See line 8 of cover sheets (iii) sole power to dispose or to direct the disposition: See line 9 of cover sheets (iv) shared power to dispose or to direct the disposition: See line 10 of cover sheets.
None of the Reporting Persons has effected any transaction in the Common Stock during the last 60 days.
No other person is known to have the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of, Common Stock beneficially owned by any of the Reporting Persons.
Each of NEA 8A, NEA VIII and NEA Partners VIII has ceased to own beneficially five percent or more of the Issuer's Common Stock as of November 20, 2024.
Not applicable.
Exhibit 1 - Agreement regarding filing of joint Schedule 13D. Exhibit 2 - Power of Attorney regarding filings under the Securities Exchange Act of 1934, as amended.