Homology Medicines Inc (NASDAQ:FIXX): James E. Flynn filed an amended 13D.
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You can access the original SEC filing by clicking here.
Ownership Summary Table
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Deerfield Mgmt III | 0 | 2,613,517 | 0 | 2,613,517 | 2,613,517 | 6.98% |
Deerfield Private Design Fund III | 0 | 2,613,517 | 0 | 2,613,517 | 2,613,517 | 6.98% |
Deerfield Mgmt | 0 | 625,000 | 0 | 625,000 | 625,000 | 1.67% |
Deerfield Partners | 0 | 625,000 | 0 | 625,000 | 625,000 | 1.67% |
Deerfield Healthcare Innovations Fund | 0 | 1,988,518 | 0 | 1,988,518 | 1,988,518 | 5.31% |
Deerfield Mgmt HIF | 0 | 1,988,518 | 0 | 1,988,518 | 1,988,518 | 5.31% |
Deerfield Management Company | 0 | 5,227,035 | 0 | 5,227,035 | 5,227,035 | 13.96% |
James E. Flynn | 0 | 5,227,035 | 0 | 5,227,035 | 5,227,035 | 13.96% |
Page 1 of 20 – SEC Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE
13D
[Rule 13d-101]
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO §
24.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13D-2(a)
(Amendment No. )*
Homology
Medicines, Inc.
(Name
of Issuer)
Common
Stock, par value $0.0001 per share
(Title
of Class of Securities)
438083107
(CUSIP
Number)
David Clark
Elliot Press
Deerfield Mgmt,
L.P.
780 Third Avenue, 37th Floor
New York, New York 10017
(212) 551-1600With
a copy to:
Jonathan D. Weiner, Esq.
Mark D. Wood,
Esq.
Katten Muchin Rosenman LLP
575 Madison Avenue
New York, New York 10022
(212) 940-8800
(Name,
Address and Telephone Number of Person Authorized to Receive Notices and Communications)
April
2, 2018
(Date
of Event which Requires Filing of this Statement)
If the filing person
has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ☐.
Note: Schedules
filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7
for other parties to whom copies are to be sent.
(Continued on following
pages)
(Page 1 of 18 Pages)
* 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 disclosures provided in a prior cover page.
The information required on 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).
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Page 2 of 20 – SEC Filing
SCHEDULE 13D
CUSIP No. 438083107 | Page 2 of 18 Pages |
1 | NAME OF REPORTING PERSONS Deerfield Mgmt III, L.P. | ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☒ | |
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS AF | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 | |
8 | SHARED VOTING POWER 2,613,517 (1) | ||
9 | SOLE DISPOSITIVE POWER 0 | ||
10 | SHARED DISPOSITIVE POWER 2,613,517 (1) | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,613,517 (1) | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN | ☐ | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.98% | ||
14 | TYPE OF REPORTING PERSON PN |
(1) Comprised of shares held by Deerfield Private Design Fund
III, L.P.
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Page 3 of 20 – SEC Filing
SCHEDULE 13D
CUSIP No. 438083107 | Page 3 of 18 Pages |
1 | NAME OF REPORTING PERSONS Deerfield Private Design Fund III, L.P. | ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☒ | |
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS WC | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 | |
8 | SHARED VOTING POWER 2,613,517 | ||
9 | SOLE DISPOSITIVE POWER 0 | ||
10 | SHARED DISPOSITIVE POWER 2,613,517 | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,613,517 | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN | ☐ | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.98% | ||
14 | TYPE OF REPORTING PERSON PN |
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Page 4 of 20 – SEC Filing
SCHEDULE 13D
CUSIP No. 438083107 | Page 4 of 18 Pages |
1 | NAME OF REPORTING PERSONS Deerfield Mgmt, | ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☒ | |
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS AF | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 | |
8 | SHARED VOTING POWER 625,000 (2) | ||
9 | SOLE DISPOSITIVE POWER 0 | ||
10 | SHARED DISPOSITIVE POWER 625,000 (2) | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 625,000 (2) | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN | ☐ | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.67% | ||
14 | TYPE OF REPORTING PERSON PN |
(2) Comprised of shares held by Deerfield Partners, L.P.
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Page 5 of 20 – SEC Filing
SCHEDULE 13D
CUSIP No. 438083107 | Page 5 of 18 Pages |
1 | NAME OF REPORTING PERSONS Deerfield Partners, L.P. | ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☒ | |
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS WC | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 | |
8 | SHARED VOTING POWER 625,000 | ||
9 | SOLE DISPOSITIVE POWER 0 | ||
10 | SHARED DISPOSITIVE POWER 625,000 | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 625,000 | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN | ☐ | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.67% | ||
14 | TYPE OF REPORTING PERSON PN |
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Page 6 of 20 – SEC Filing
SCHEDULE 13D
CUSIP No. 438083107 | Page 6 of 18 Pages |
1 | NAME OF REPORTING PERSONS Deerfield Healthcare Innovations Fund, L.P. | ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☒ | |
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS WC | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 | |
8 | SHARED VOTING POWER 1,988,518 | ||
9 | SOLE DISPOSITIVE POWER 0 | ||
10 | SHARED DISPOSITIVE POWER 1,988,518 | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,988,518 | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN | ☐ | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.31% | ||
14 | TYPE OF REPORTING PERSON PN |
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Page 7 of 20 – SEC Filing
SCHEDULE 13D
CUSIP No. 438083107 | Page 7 of 18 Pages |
1 | NAME OF REPORTING PERSONS Deerfield Mgmt HIF, L.P. | ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☒ | |
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS AF | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 | |
8 | SHARED VOTING POWER 1,988,518 (3) | ||
9 | SOLE DISPOSITIVE POWER 0 | ||
10 | SHARED DISPOSITIVE POWER 1,988,518 (3) | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,988,518 (3) | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN | ☐ | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.31% | ||
14 | TYPE OF REPORTING PERSON PN |
(3) Comprised of shares held by Deerfield Healthcare Innovations
Fund, L.P.
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Page 8 of 20 – SEC Filing
SCHEDULE 13D
CUSIP No. 438083107 | Page 8 of 18 Pages |
1 | NAME OF REPORTING PERSONS Deerfield Management Company, L.P. | ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☒ | |
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS AF | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 | |
8 | SHARED VOTING POWER 5,227,035 (4) | ||
9 | SOLE DISPOSITIVE POWER 0 | ||
10 | SHARED DISPOSITIVE POWER 5,227,035 (4) | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,227,035 (4) | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN | ☐ | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.96% | ||
14 | TYPE OF REPORTING PERSON PN |
(4) Comprised of 2,613,517 shares held by Deerfield Private
Design Fund III, L.P., 625,000 shares held by Deerfield Partners, L.P. and 1,988,518 shares held by Deerfield Healthcare Innovations
Fund, L.P.
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Page 9 of 20 – SEC Filing
SCHEDULE 13D
CUSIP No. 438083107 | Page 9 of 18 Pages |
1 | NAME OF REPORTING PERSONS James E. Flynn | ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☒ | |
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS AF | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT | ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 | |
8 | SHARED VOTING POWER 5,227,035 (5) | ||
9 | SOLE DISPOSITIVE POWER 0 | ||
10 | SHARED DISPOSITIVE POWER 5,227,035 (5) | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,227,035 (5) | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN | ☐ | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.96% | ||
14 | TYPE OF REPORTING PERSON IN |
(5) Comprised of 2,613,517 shares held by Deerfield Private
Design Fund III, L.P., 625,000 shares held by Deerfield Partners, L.P. and 1,988,518 shares held by Deerfield Healthcare Innovations
Fund, L.P.
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Page 10 of 20 – SEC Filing
CUSIP No. 438083107 | Page 10 of 18 Pages |
This Schedule 13D is filed by (i) Deerfield
Mgmt III, L.P. (“Deerfield Mgmt III”), (ii) Deerfield Private Design Fund III, L.P. (“Deerfield Private
Design Fund III”), (iii) Deerfield Mgmt, L.P. (“Deerfield Mgmt”), (iv) Deerfield Partners, L.P. (“Deerfield
Partners”), (v) Deerfield Healthcare Innovations Fund, L.P. (“Deerfield Healthcare Innovations Fund”),
(vi) Deerfield Mgmt HIF, L.P. (“Deerfield Mgmt HIF”), (vii) Deerfield Management Company, L.P. (“Deerfield
Management”) and (viii) James E. Flynn, a natural person (“Flynn” and collectively with Deerfield
Mgmt III, Deerfield Private Design Fund III, Deerfield Mgmt, Deerfield Partners, Deerfield Healthcare Innovations Fund, Deerfield
Mgmt HIF and Deerfield Management, the “Reporting Persons”), with respect to the common stock of Homology Medicines,
Inc. Deerfield Private Design Fund III, Deerfield Partners and Deerfield Healthcare Innovations Fund are collectively referred
to herein as the “Funds”).
Item 1. | Security and Issuer. |
This Statement on Schedule 13D relates to the shares of common
stock, par value $0.0001 per share (the “Common Stock”), of Homology Medicines, Inc., a Delaware corporation
(the “Company”). The address of the Company’s principal executive offices is 45 Wiggins Avenue, Bedford, Massachusetts
01730.
Item 2. | Identity and Background. |
(a) | This Statement is filed as a joint statement pursuant to Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934 (the “Exchange Act”) by the Reporting Persons. |
(b) | The address of the principal business and/or principal office of the Reporting Persons is 780 Third Avenue, 37th Floor, New York, New York 10017. |
(c) | Flynn is the managing member of the general partner of each of Deerfield Mgmt, Deerfield Mgmt III, Deerfield Mgmt HIF and Deerfield Management. Deerfield Mgmt III is the general partner of Deerfield Private Design Fund III; Deerfield Mgmt is the general partner of Deerfield Partners; and Deerfield Mgmt HIF is the general partner of Deerfield Healthcare Innovations Fund and Deerfield Management is the investment manager of the Funds. The Funds purchase, hold and sell securities and other investment products. Schedule A hereto sets forth information regarding persons referred in Instruction C to Schedule 13D. |
(d) | During the last five years, none of the Reporting Persons, nor, to the best of each of the Reporting Person’s knowledge, any of the persons listed on Schedule A attached hereto, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). |
(e) | In September 2013, Deerfield Management voluntarily agreed to settle a Securities and Exchange Commission (“SEC”) inquiry relating to six alleged violations of Rule 105 of Regulation M under the Securities Exchange Act of 1934, as amended, without admitting or denying the SEC’s allegations. The violations allegedly occurred between December 2010 and January 2013. Rule 105 generally prohibits purchasing an equity security in a registered offering if the purchaser sold short the same security during a restricted period (generally defined as five business days before the pricing of the offering). Rule 105’s prohibition applies irrespective of any intent to violate the rule. The settlement involved the payment by Deerfield Management of disgorgement, prejudgment interest and a civil money penalty in the aggregate amount of $1,902,224. |
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Page 11 of 20 – SEC Filing
CUSIP No. 438083107 | Page 11 of 18 Pages |
On August 21, 2017, Deerfield
Management voluntarily agreed to settle an SEC administrative proceeding relating to alleged violations of Section 204A of the
Investment Advisers Act of 1940 (the “Advisers Act”), without admitting or denying the SEC’s allegations,
pursuant to an order under Section 203(e) and 203(k) of the Advisers Act (the “Order”). The Order resolved the
SEC’s allegations that Deerfield Management, from 2012 through 2014, violated Section 204A of the Advisers Act by failing
to establish, maintain, and enforce policies and procedures reasonably designed to prevent the misuse of material, nonpublic information,
particularly taking into consideration the nature of Deerfield Management’s business. The Order alleged that, as part of
Deerfield Management’s research in the healthcare sector, Deerfield Management engaged third party consultants and research
firms, including firms that specialized in providing “political intelligence” regarding upcoming regulatory and legislative
decisions, that Deerfield Management employees based certain trading recommendations on such information, and that hedge funds
advised by Deerfield Management then made those trades. The Order required Deerfield Management to cease and desist from committing
or causing any violations and any future violations of Section 204A of the Advisers Act, censured Deerfield Management and provided
that Deerfield Management would pay disgorgement and interest of $811,695 and a civil money penalty of $3,946,267.
Other than as set forth above
in this Item 2(e), during the last five years, none of the Reporting Persons, nor, to the best of each of the Reporting Person’s
knowledge, any of the persons listed on Schedule A attached hereto, has been a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction and, as a result of such proceeding, 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.
(f) | Each of Deerfield Mgmt, Deerfield Mgmt III, Deerfield Partners, Deerfield Private Design Fund III, Deerfield Healthcare Innovations Fund, Deerfield Mgmt HIF and Deerfield Management is each organized under the laws of the State of Delaware. Flynn is a citizen of the United States of America. |
The Reporting Persons have entered into
a Joint Filing Agreement, a copy of which is attached hereto as Exhibit 99.1.
Item 3. | Source and Amount of Funds or Other Consideration. |
Prior to the Company’s April 2, 2018
initial public offering (the “IPO”), Deerfield Healthcare Innovations Fund and Deerfield Private Design Fund
III had participated in equity financings involving the Company and had acquired shares of Series A Preferred Stock and Series
B Preferred Stock (collectively, the “Preferred Stock”). Specifically, Deerfield Healthcare Innovations Fund
acquired 3,521,126 shares of Series A Preferred Stock and 6,944,445 shares of Series B Preferred Stock, and Deerfield Private Design
Fund III acquired 3,521,126 shares of Series A Preferred Stock and 6,944,444 shares of Series B Preferred Stock. Deerfield Healthcare
Innovations Fund and Deerfield Private Design Fund III paid an aggregate of $12,500,000.80 and $12,499,99.36, respectively, for
the Preferred Stock.
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Page 12 of 20 – SEC Filing
CUSIP No. 438083107 | Page 12 of 18 Pages |
On April 2, 2018, in connection with the
closing of the IPO, each share of the Preferred Stock automatically converted into 0.1900057 shares of Common Stock (after giving
effect to a 1-for-5.263 reverse stock split in connection with the IPO). The number of shares of Common Stock acquired by the Reporting
Persons upon such conversion was:
Deerfield Private Design Fund | 1,988,517 |
Deerfield Healthcare Innovations Fund | 1,988,518 |
In addition, in connection with the IPO,
each of Deerfield Private Design Fund III and Deerfield Partners acquired 625,000 shares of Common Stock for $16.00 per share.
The aggregate purchase price paid by Deerfield Private Design Fund III and Deerfield Partners for such shares was $10,000,000.00
and $10,000,000.00, respectively. Deerfield Private Design Fund III and Deerfield Partners utilized their respective working capital
to purchase the shares of Common Stock reported herein.
Shares of Common Stock beneficially owned
by the Reporting Persons are or may be held from time to time by the applicable Fund in margin accounts established with their
respective brokers or banks, and a portion of the purchase price for the Common Stock may have been obtained through margin borrowing.
Common Stock positions held in margin accounts may be pledged as collateral security for the repayment of debit balances in the
margin accounts.
Item 4. | Purpose of Transaction. |
The information set forth in Items 3 and
6 is incorporated herein by reference.
The Reporting Persons have acquired the
shares reported herein for investment purposes. Cameron Wheeler, Ph.D., an employee of Deerfield Management, was appointed to serve
on the Company’s board of directors prior to the IPO and continues to serve in such capacity.
Depending on various factors and subject
to the obligations described herein, the Reporting Persons may take such actions with respect to their investments in the Company
as they deem appropriate, including, without limitation, purchasing additional shares of Common Stock or other financial instruments
related to the Company or selling some or all of their beneficial or economic holdings, engaging in hedging or similar transactions
with respect to the securities relating to the Issuer and/or otherwise changing their intention with respect to any and all matters
referred to in Item 4 of Schedule 13D.
On July 28, 2017, prior to the IPO Deerfield
Private Design Fund III, Deerfield Healthcare Innovations Fund, the Company and other investors entered into an Amended and Restated
Investors’ Rights Agreement of the Company (the “Investor Rights Agreement”), the terms of which are described
in Item 6 below.
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Page 13 of 20 – SEC Filing
CUSIP No. 438083107 | Page 13 of 18 Pages |
Item 5. Interest in Securities of the Issuer.
(a)
(1) Deerfield
Mgmt III
Number of shares: 2,613,517
(comprised of shares held by Deerfield Private Design Fund III)
Percentage of shares: 6.98%
(2) Deerfield
Private Design Fund III
Number of shares: 2,613,517
Percentage of shares: 6.98%
(3) Deerfield
Mgmt
Number of shares: 625,000 (comprised of shares held by
Deerfield Partners)
Percentage of shares: 1.67%
(4) Deerfield
Partners
Number of shares: 625,000
Percentage of shares: 1.67%
(5) Deerfield
Healthcare Innovations Fund
Number of shares: 1,988,518
Percentage of shares: 5.31%
(6) Deerfield
Mgmt HIF
Number
of shares: 1,988,518 (comprised of shares held by Deerfield Healthcare Innovations Fund)
Percentage of shares: 5.31%
(7) Deerfield
Management
Number of shares: 5,227,035
(comprised of shares held by Deerfield Private Design Fund III, Deerfield Partners and Deerfield Healthcare Innovations Fund)
Percentage of shares: 13.96%
(8) Flynn
Number of shares: 5,227,035
(comprised of shares held by Deerfield Private Design Fund III, Deerfield Partners and Deerfield Healthcare Innovations Fund)
Percentage of shares: 13.96%
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Page 14 of 20 – SEC Filing
CUSIP No. 438083107 | Page 14 of 18 Pages |
(b)
(1) Deerfield
Mgmt III
Sole power to vote or direct the vote: 0
Shared power to vote or direct the vote:
2,613,517
Sole power to dispose or to direct the disposition:
0
Shared power to dispose or direct the disposition:
2,613,517
(2) Deerfield
Private Design Fund III
Sole power to vote or direct the vote: 0
Shared power to vote or direct the vote:
2,613,517
Sole power to dispose or to direct the disposition:
0
Shared power to dispose or direct the disposition:
2,613,517
(3)
Deerfield Mgmt
Sole power to vote or direct the vote: 0
Shared power to vote or direct the vote:
625,000
Sole power to dispose or to direct the disposition:
0
Shared power to dispose or direct the disposition:
625,000
(4) Deerfield
Partners
Sole power to vote or direct the vote: 0
Shared power to vote or direct the vote:
625,000
Sole power to dispose or to direct the disposition:
0
Shared power to dispose or direct the disposition:
625,000
(5) Deerfield
Healthcare Innovations Fund
Sole power to vote or direct the vote: 0
Shared power to vote or direct the vote:
1,988,518
Sole power to dispose or to direct the disposition:
0
Shared power to dispose or direct the disposition:
1,988,518
(6) Deerfield
Mgmt HIF
Sole power to vote or direct the vote: 0
Shared power to vote or direct the vote:
1,988,518
Sole power to dispose or to direct the disposition:
0
Shared power to dispose or direct the disposition:
1,988,518
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Page 15 of 20 – SEC Filing
CUSIP No. 438083107 | Page 15 of 18 Pages |
(7) Deerfield
Management
Sole power to vote or direct the vote: 0
Shared power to vote or direct the vote:
5,227,035
Sole power to dispose or to direct the disposition:
0
Shared power to dispose or direct the disposition:
5,227,035
(8) Flynn
Sole power to vote or direct the vote: 0
Shared power to vote or direct the vote:
5,227,035
Sole power to dispose or to direct the disposition:
0
Shared power to dispose or direct the disposition:
5,227,035
Flynn is the managing member of the general
partner of each of Deerfield Mgmt, Deerfield Mgmt III, Deerfield Mgmt HIF and Deerfield Management. Deerfield Mgmt
III is the general partner of Deerfield Private Design Fund IIII, Deerfield Mgmt is the general partner of Deerfield Partners,
Deerfield Mgmt HIF is the general partner of Deerfield Healthcare Innovations Fund and Deerfield Management is the investment manager
of the Funds.
(c) Except as set forth in Items 3, 4 and
6 of this Schedule 13D, no Reporting Person has effected any transactions in the Common Stock during the past 60 days.
(d) Not applicable
(e) Not applicable.
Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. |
Pursuant
to the terms of the Investors’ Rights Agreement, Deerfield Healthcare Innovations Fund and Deerfield Private Design
Fund III (together with certain other investors party thereto) are entitled to rights with respect to the registration of
their Common Stock under the Securities Act of 1933, as amended. In addition, Cameron Wheeler, Ph.D., an employee of
Deerfield Management, was designated by Deerfield Healthcare Innovations Fund and Deerfield Private Design Fund III to serve
on the Company’s board of directors. Although Deerfield Private Design Fund III and Deerfield Healthcare Innovation
Fund’s right to designate directors to the board of directors of the Company terminated upon consummation of the
Company’s initial public offering, Dr. Wheeler continues to serve on the Company’s board of directors.
As an employee of Deerfield Management, all grants received
by Dr. Wheeler as a director of the Company are for the benefit of Deerfield Management. In this regard, on March 28, 2017, Dr.
Wheeler received stock options for the purchase of an aggregate of 31,160 shares of Common Stock, which grants are held for the
benefit and at the direction, of Deerfield Management.
Item 7. | Material to be Filed as Exhibits. |
Exhibit 1 | Amended and Restated Investor Rights Agreement, dated as of July 28, 2017, by and among Homology Medicines, Inc. and the investors named therein (incorporated by reference to Exhibit 4.1 to the Company’s Form S-1/A filed with the Securities and Exchange Commission on March 23, 2018). |
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Page 16 of 20 – SEC Filing
CUSIP No. 438083107 | Page 16 of 18 Pages |
Exhibit 99.1 | Joint Filing Agreement dated as of April 6, 2018 by and among the Reporting Persons.* |
Exhibit 99.2 | Power of Attorney previously filed as Exhibit 24 to a Form 3 with regard to Proteon Therapeutics, Inc. filed with the Securities and Exchange Commission on August 4, 2017 by Deerfield Special Situations Fund, L.P., Deerfield Partners, L.P., Deerfield International Master Fund, L.P., Deerfield Private Design Fund III, L.P., Deerfield Private Design Fund IV, L.P., Deerfield Mgmt, L.P., Deerfield Mgmt III, L.P., Deerfield Mgmt IV, L.P., Deerfield Management Company, L.P., and James E. Flynn. |
* Filed herewith.
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Page 17 of 20 – SEC Filing
CUSIP No. 438083107 | Page 17 of 18 Pages |
SIGNATURE
After reasonable inquiry
and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: April 6, 2018
DEERFIELD By: J.E. Flynn Capital III, LLC, General Partner By: Name: Title: Attorney-in-Fact DEERFIELD By: By: J.E. Flynn Capital III, LLC, General Partner By: Name: Title: Attorney-in-Fact DEERFIELD By: J.E. Flynn Capital HIF, LLC, General Partner By: Jonathan Isler, Attorney-In-Fact DEERFIELD By: By: J.E. Flynn Capital HIF, LLC, General Partner By: Jonathan Isler, Attorney-In-Fact DEERFIELD By: By: J.E. Flynn Capital, LLC, General Partner By: Name: Title: Attorney-in-Fact |
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Page 18 of 20 – SEC Filing
CUSIP No. 438083107 | Page 18 of 18 Pages |
DEERFIELD By: J.E. Flynn Capital, LLC, General Partner By: Name: Title: Attorney-in-Fact DEERFIELD By: Flynn Management LLC, General Partner By: Name: Title: Attorney-in-Fact JAMES E. FLYNN /s/ Jonathan Isler, Attorney-in-Fact |
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Page 19 of 20 – SEC Filing
CUSIP No. 438083107 |
Schedule A
General Partner of Deerfield Mgmt, L.P.
The general partner of Deerfield Mgmt is
J.E. Flynn Capital, LLC. The address of the principal business and/or principal office of Deerfield Mgmt and J.E. Flynn Capital,
LLC is 780 Third Avenue, 37th Floor, New York, New York 10017.
General Partner of Deerfield
Partners, L.P.
The general partner of Deerfield Partners
is Deerfield Mgmt. The address of the principal business and/or principal office of Deerfield Mgmt and Deerfield Partners is 780
Third Avenue, 37th Floor, New York, New York 10017.
General Partner of Deerfield Mgmt III,
L.P.
The general partner of Deerfield Mgmt III
is J.E. Flynn Capital III, LLC. The address of the principal business and/or principal office of Deerfield Mgmt III and J.E. Flynn
Capital III, LLC is 780 Third Avenue, 37th Floor, New York, New York 10017.
General Partner of Deerfield Private Design Fund
III, L.P.
The general partner of Deerfield Private
Design Fund III is Deerfield Mgmt III. The address of the principal business and/or principal office of Deerfield Mgmt III and
Deerfield Private Design Fund III is 780 Third Avenue, 37th Floor, New York, New York 10017.
General Partner of Deerfield Healthcare
Innovations Fund, L.P.
The general partner of Deerfield Healthcare
Innovations Fund is Deerfield Mgmt HIF, L.P. The address of the principal business and/or principal office of Deerfield Healthcare
Innovations Fund and Deerfield Mgmt HIF, L.P is 780 Third Avenue, 37th Floor, New York, New York 10017.
General Partner of Deerfield Mgmt HIF,
L.P.
The general partner of Deerfield Mgmt HIF
is J.E. Flynn Capital HIF, LLC. The address of the principal business and/or principal office of Deerfield Mgmt HIF, L.P. and J.E.
Flynn Capital HIF, LLC is 780 Third Avenue, 37th Floor, New York, New York 10017.
General Partner of Deerfield Management
Company, L.P.
The general partner of Deerfield Management
is Flynn Management LLC. The address of the principal business and/or principal office of Deerfield Management and Flynn Management
LLC is 780 Third Avenue, 37th Floor, New York, New York 10017.
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Page 20 of 20 – SEC Filing
CUSIP No. 438083107 |
Exhibit Index
Exhibit Number | Description |
Exhibit 1 | Amended and Restated Investor Rights Agreement, dated July 28, 2017, by and among Homology Medicines, Inc. and the investors named therein (incorporated by reference to Exhibit 4.1 to the Company’s Form S-1/A filed with the Securities and Exchange Commission on March 23, 2018). |
Exhibit 99.1 | Joint Filing Agreement dated as of April 6, 2018 by and among the Reporting Persons.* |
Exhibit 99.2 | Power of Attorney previously filed as Exhibit 24 to a Form 3 with regard to Proteon Therapeutics, Inc. filed with the Securities and Exchange Commission on August 4, 2017 by Deerfield Special Situations Fund, L.P., Deerfield Partners, L.P., Deerfield International Master Fund, L.P., Deerfield Private Design Fund III, L.P., Deerfield Private Design Fund IV, L.P., Deerfield Mgmt, L.P., Deerfield Mgmt III, L.P., Deerfield Mgmt IV, L.P., Deerfield Management Company, L.P., and James E. Flynn. |
* Filed herewith.