13D Filings
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Atea Pharmaceuticals, Inc.
AVIR
Initial Filing
Ownership

8.50%

Total Shares

7,216,312

Issuer CIK

1593899

CUSIP

04683R106

Event Date

Dec 12, 2024

Accepted

Dec 16, 2024, 09:50 AM

SEC EDGARView Original Filing
Reporting Persons (2)
NameType% of ClassAggregateSole VotingShared Voting
Leonard Braden Michael
Individual
8.50%7,216,312408,0006,808,312
BML Investment Partners, L.P.
Partnership
8.10%6,808,31206,808,312
Disclosure Items (7)

Security Title

Common Stock, par value $0.001 per share

Issuer Name

Atea Pharmaceuticals, Inc.

Issuer Address

225 Franklin Street, Suite 2100, Boston, MA, 02110

Filing Persons

BML Investment Partners, L.P. - The business address of BML Investment Partners, L.P. is 65 E Cedar Suite 2, Zionsville, IN 46077. The principal business of BML Investment Partners, L.P. is to purchase, sell, trade and invest in securities. BML Capital Management, LLC - The business address of BML Capital Management, LLC is 65 E Cedar Suite 2, Zionsville, IN 46077. The principal business of BML Capital Management, LLC is to serve as the general partner to BML Investment Partners, L.P. Braden M. Leonard Mr. Leonard's business address is 65 E Cedar Suite 2, Zionsville, IN 46077. Mr. Leonard's principal business is to serve as managing member of BML Capital Management, LLC.

Business Address

See above.

Principal Occupation

See above.

Convictions

During the past five years, none of BML Investment Partners, L.P., BML Capital Management, LLC or Braden M. Leonard have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or a party to a civil proceeding of a judicial or administrative body of competent jurisdiction where as a result of such proceeding BML Investment Partners, L.P., BML Capital Management, LLC or Braden M. Leonard 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.

Citizenship

Braden M. Leonard is a citizen of the United States of America.

BML Investment Partners, L.P. holds 6,808,312 shares of Common Stock which were acquired using working capital. Braden M. Leonard individually owns 408,000 shares of Common Stock which he acquired using personal funds.

The Reporting Persons purchased the Common Stock reported hereunder for investment purposes, and such purchases were made in the Reporting Persons' ordinary course of business. As with their other investments, the Reporting Persons continuously evaluate the Issuer, including but not limited to its businesses, results of operations, and prospects. On December 13th, 2024, the Reporting Persons sent a letter to the Board of Directors of the Issuer, indicating the Reporting Person's belief that the Issuer needs to find a strategic partner or explore other strategic alternatives. All of the shares of Common Stock reported herein as being beneficially owned by the Reporting Persons were acquired for investment purposes. Except as set forth herein, none of the Reporting Persons has any plans or proposals that related to or would result in any of the transactions described in Item 4 of Schedule 13D. The Reporting Persons reserve the right to acquire, or cause to be acquired, additional securities of the Issuer, to dispose of, or cause to be disposed, such securities at any time or to formulate other purposes, plans or proposals regarding the Issuer or any of its securities, to the extent deemed advisable in light of general investment and trading policies of the Reporting Persons, market conditions or other factors.

Percentage of Class

BML Investment Partners, L.P. beneficially owned 6,808,312 shares of the Issuer's Common Stock. Braden M. Leonard beneficially owned 7,216,312 shares of the Issuer's Common Stock

Number of Shares

BML Investment Partners, L.P. beneficially owned 6,808,312 shares of the Issuer's Common Stock. Braden M. Leonard beneficially owned 7,216,312 shares of the Issuer's Common Stock

Transactions

N/A

Shareholders

BML Investment Partners, L.P. beneficially owned 6,808,312 shares of the Issuer's Common Stock. Braden M. Leonard beneficially owned 7,216,312 shares of the Issuer's Common Stock

Date of 5% Ownership

N/A

N/A

Exhibit 1 - BML Letter to Board