Filing Details

Accession Number:
0000902664-21-003780
Form Type:
13G Filing
Publication Date:
2021-08-09 20:00:00
Filed By:
D1 Capital Partners
Company:
Sight Sciences Inc.
Filing Date:
2021-08-10
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
D1 Capital Partners 0 5,852,036 0 5,852,036 5,852,036 12.5%
Daniel Sundheim 0 5,852,036 0 5,852,036 5,852,036 12.5%
Filing

 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No. )*
 

Sight Sciences, Inc.

(Name of Issuer)
 

Common Stock, $0.001 par value

(Title of Class of Securities)
 

82657M105

(CUSIP Number)
 

July 31, 2021

(Date of Event Which Requires Filing of this Statement)
 
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
x Rule 13d-1(b)
¨ Rule 13d-1(c)
¨ Rule 13d-1(d)
 
(Page 1 of 8 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 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. 82657M105

13GPage 2 of 8 Pages

 

1

NAME OF REPORTING PERSON

 

D1 Capital Partners L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(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

5,852,036

7

SOLE DISPOSITIVE POWER

0

8

SHARED DISPOSITIVE POWER

5,852,036

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,852,036

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

12.5%

12

TYPE OF REPORTING PERSON

PN, IA

         

 

 

 

CUSIP No. 82657M105

13GPage 3 of 8 Pages

 

1

NAME OF REPORTING PERSON

 

Daniel Sundheim

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ¨

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

United States of America

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

0

6

SHARED VOTING POWER

5,852,036

7

SOLE DISPOSITIVE POWER

0

8

SHARED DISPOSITIVE POWER

5,852,036

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,852,036

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

12.5%

12

TYPE OF REPORTING PERSON

IN, HC

         

 

 

CUSIP No. 82657M105

13GPage 4 of 8 Pages

 

Item 1(a). Name of Issuer.
   
  Sight Sciences, Inc. (the "Issuer")

 

Item 1(b). Address of Issuer's Principal Executive Offices.
   
 

4040 Campbell Avenue, Suite 100

Menlo Park, CA 94025

 

Item 2(a). Name of Person Filing.
   
  This statement is filed by D1 Capital Partners L.P. (the "Investment Manager") and Daniel Sundheim (the "Mr. Sundheim").  The foregoing persons are hereinafter sometimes referred to as the "Reporting Persons."
   
  The Investment Manager is a registered investment adviser and serves as the investment manager of private investment vehicles and accounts, including D1 Capital Partners Master LP (the "Investment Vehicle"). Mr. Sundheim may be deemed to beneficially own the reported securities by virtue of the fact that Mr. Sundheim indirectly controls the Investment Manager.
   
  The filing of this statement should not be construed as an admission that any Reporting Person is, for the purposes of Section 13 of the Securities Exchange Act of 1934, as amended, the beneficial owner of the securities reported herein.
   
Item 2(b). Address of Principal Business Office.
   
 

D1 Capital Partners L.P.

9 West 57th Street, 36th Floor

New York, New York 10019

   
 

Daniel Sundheim

c/o D1 Capital Partners L.P.

9 West 57th Street, 36th Floor

New York, New York 10019

   
Item 2(c). Place of Organization.
   
 

Investment Manager – Delaware

Mr. Sundheim – United States of America

 

Item 2(d). Title of Class of Securities.
   
  Common Stock, $0.001 par value (the "Common Stock")

 

Item 2(e). CUSIP Number.
   
  82657M105

 

 

CUSIP No. 82657M105

13GPage 5 of 8 Pages

 

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:

 

  (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
  (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
  (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
  (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
  (e) x An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
  (f) ¨

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

 

  (g) x

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

 

  (h) ¨

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);

 

  (i) ¨

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

  (j) ¨ A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
  (k) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(K).

 

  If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution:______________________________________

  

Item 4. Ownership.
   
  The information required by Items 4(a) – (c)  is set forth in Rows (5) – (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.  The percentages set forth in this Schedule 13G are calculated based upon an aggregate of 46,766,436 shares of Common Stock outstanding, which includes 45,266,436 shares reported by the Issuer in its Rule 424(b)(4) Prospectus filed with the Securities and Exchange Commission on July 15, 2021 and an additional 1,500,000 shares issued and sold pursuant to the exercise in full of the underwriters’ overallotment option.

 

Item 5. Ownership of Five Percent or Less of a Class.
   
  Not applicable.

 

 

CUSIP No. 82657M105

13GPage 6 of 8 Pages

 

Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
   
  The Investment Vehicle has the right to receive and the power to direct the receipt of dividends from, and the proceeds from the sale of, the shares of Common Stock.  

 

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 Group.
   
  Not applicable.

 

Item 10. Certification.
   
  By signing below each Reporting Person certifies that, to the best of his or its knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired 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.

 

 

 

CUSIP No. 82657M105

13GPage 7 of 8 Pages

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Date:  August 10, 2021  
  D1 Capital Partners L.P.
   
  By: /s/ Amanda Hector   
  Name: Amanda Hector 
  Title: General Counsel and Chief Compliance Officer
   
   
  /s/ Daniel Sundheim
  DANIEL SUNDHEIM

 

 

 

CUSIP No. 82657M105

13GPage 8 of 8 Pages

Exhibit A

JOINT FILING AGREEMENT

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

Date:  August 10, 2021  
  D1 Capital Partners L.P.
   
  By: /s/ Amanda Hector   
  Name: Amanda Hector 
  Title: General Counsel and Chief Compliance Officer
   
   
  /s/ Daniel Sundheim
  DANIEL SUNDHEIM