Filing Details

Accession Number:
0001193125-22-023531
Form Type:
13G Filing
Publication Date:
2022-01-30 19:00:00
Filed By:
Ew Healthcare Partners Acquisition Fund, L.p.
Company:
Bioventus Inc.
Filing Date:
2022-01-31
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
EW Healthcare Partners Acquisition Fund 12,096,702 0 12,096,702 0 12,096,702 16.1%
EW Healthcare Partners Acquisition Fund GP 13,021,324 0 13,021,324 0 13,021,324 17.31%
EW Healthcare Partners Acquisition Fund UGP 13,021,324 0 13,021,324 0 13,021,324 17.31%
White Pine Medical 924,622 0 924,622 0 924,622 1.2%
Martin P. Sutter 0 13,021,324 0 13,021,324 13,021,324 17.31%
Petri Vainio 0 13,021,324 0 13,021,324 13,021,324 17.31%
Ron Eastman 0 13,021,324 0 13,021,324 13,021,324 17.31%
R. Scott Barry 0 13,021,324 0 13,021,324 13,021,324 17.31%
Filing

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. __)*

 

 

BIOVENTUS INC.

(Name of Issuer)

Class A Common Stock, par value $0.001 per share

(Title of Class of Securities)

09075A108

(CUSIP Number)

Martin P. Sutter

EW Healthcare Partners Acquisition Fund, L.P.

21 Waterway Avenue, Suite 225

The Woodlands, Texas 77380

(281) 364-1555

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 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:

 

 

Rule 13d-1(b)

 

 

Rule 13d-1(c)

 

 

Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting persons 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).

 

 

 


SCHEDULE 13G

 

CUSIP No. 09075A108

   Page 2 of 16 Pages

 

  1    

  NAME OF REPORTING PERSON  

  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

  EW Healthcare Partners Acquisition Fund, 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

 

  12,096,702    

   6   

  SHARED VOTING POWER

 

  -0-    

   7   

  SOLE DISPOSITIVE POWER

 

  12,096,702

   8   

  SHARED DISPOSITIVE POWER

 

  -0-    

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  12,096,702

10  

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

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  16.1%

12  

  TYPE OF REPORTING PERSON

 

  PN

 


CUSIP No. 09075A108       Page 3 of 16 Pages

 

  1    

  NAME OF REPORTING PERSON  

  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

  EW Healthcare Partners Acquisition Fund GP, 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

 

  13,021,324

   6   

  SHARED VOTING POWER

 

  -0-    

   7   

  SOLE DISPOSITIVE POWER

 

  13,021,324

   8   

  SHARED DISPOSITIVE POWER

 

  -0-    

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  13,021,324

10  

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

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  17.31%

12  

  TYPE OF REPORTING PERSON

 

  PN


CUSIP No. 09075A108       Page 4 of 16 Pages

 

  1    

  NAME OF REPORTING PERSON  

  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

  EW Healthcare Partners Acquisition Fund UGP, LLC

  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

 

  13,021,324

   6   

  SHARED VOTING POWER

 

  -0-    

   7   

  SOLE DISPOSITIVE POWER

 

  13,021,324

   8   

  SHARED DISPOSITIVE POWER

 

  -0-    

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  13,021,324

10  

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

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  17.31%

12  

  TYPE OF REPORTING PERSON

 

  CO


CUSIP No. 09075A108       Page 5 of 16 Pages

 

  1    

  NAME OF REPORTING PERSON  

  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

  White Pine Medical LLC

  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

 

  924,622

   6   

  SHARED VOTING POWER

 

  -0-    

   7   

  SOLE DISPOSITIVE POWER

 

  924,622

   8   

  SHARED DISPOSITIVE POWER

 

  -0-    

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  924,622

10  

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

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  1.2%

12  

  TYPE OF REPORTING PERSON

 

  CO


CUSIP No. 09075A108       Page 6 of 16 Pages

 

  1    

  NAME OF REPORTING PERSON  

  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

  Martin P. Sutter

  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

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5     

  SOLE VOTING POWER

 

  -0-

   6   

  SHARED VOTING POWER

 

  13,021,324

   7   

  SOLE DISPOSITIVE POWER

 

  -0-

   8   

  SHARED DISPOSITIVE POWER

 

  13,021,324

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  13,021,324

10  

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

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  17.31%

12  

  TYPE OF REPORTING PERSON

 

  IN


CUSIP No. 09075A108       Page 7 of 16 Pages

 

  1    

  NAME OF REPORTING PERSON  

  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

  Petri Vainio

  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

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5     

  SOLE VOTING POWER

 

  -0-

   6   

  SHARED VOTING POWER

 

  13,021,324

   7   

  SOLE DISPOSITIVE POWER

 

  -0-

   8   

  SHARED DISPOSITIVE POWER

 

  13,021,324

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  13,021,324

10  

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

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  17.31%

12  

  TYPE OF REPORTING PERSON

 

  IN


CUSIP No. 09075A108       Page 8 of 16 Pages

 

  1    

  NAME OF REPORTING PERSON  

  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

  Ron Eastman

  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

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5     

  SOLE VOTING POWER

 

  -0-

   6   

  SHARED VOTING POWER

 

  13,021,324

   7   

  SOLE DISPOSITIVE POWER

 

  -0-

   8   

  SHARED DISPOSITIVE POWER

 

  13,021,324

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  13,021,324

10  

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

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  17.31%

12  

  TYPE OF REPORTING PERSON

 

  IN


CUSIP No. 09075A108       Page 9 of 16 Pages

 

  1    

  NAME OF REPORTING PERSON  

  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

  R. Scott Barry

  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

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5     

  SOLE VOTING POWER

 

  -0-

   6   

  SHARED VOTING POWER

 

  13,021,324

   7   

  SOLE DISPOSITIVE POWER

 

  -0-

   8   

  SHARED DISPOSITIVE POWER

 

  13,021,324

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  13,021,324

10  

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

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  17.31%

12  

  TYPE OF REPORTING PERSON

 

  IN

 


ORIGINAL REPORT ON SCHEDULE 13G

Item 1.

(a) Name of Issuer: BIOVENTUS INC.

(b) Address of Issuers Principal Executive Offices:

4721 Emperor Boulevard, Suite 100

Durham, North Carolina 27703

Item 2.

(a) Name of Person Filing: This Schedule 13G is being filed jointly by EW Healthcare Partners Acquisition Fund, L.P., a Delaware limited partnership (EWHP), White Pine Medical LLC, a Delaware limited liability company (WPM), EW Healthcare Partners Acquisition Fund GP, L.P., a Delaware limited partnership, the general partner of EWHP (the EWHP GP), EW Healthcare Partners Acquisition Fund UGP, LLC, a Delaware limited liability company, the general partner of EWHP GP (the General Partner), Martin P. Sutter, an individual, Petri Vainio, an individual, Ron Eastman, an individual, and R. Scott Barry, an individual, (each a Manager, collectively, the Managers, and together with EWHP, WPM, EWHP GP and the General Partner, the Reporting Persons).

(b) Address of Principal Business Office: The address of the principal business of each of the Reporting Persons is 21 Waterway, Suite 225, The Woodlands, Texas 77380.

(c) Citizenship: (i) EWHP and EWHP GP are each Delaware limited partnerships; (ii) WPM and the General Partner are each a Delaware limited liability company; and (iii) each of Martin P. Sutter, Petri Vainio, Ron Eastman and R. Scott Barry are all individuals who are citizens of the United States.

(d) Title and Class of Securities: Class A Common Stock, par value $.001 per share

(e) CUSIP Number: 09075A108

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)       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)       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)       Group, in accordance with 240.13d-1(b)(1)(ii)(J).

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)

Amount Beneficially Owned.

For EWHP, 12,096,702 shares.

For WPM, 924,622 shares

For each of EWHP GP and the General Partner, 13,021,324 shares.

For each of the Managers: 13,021,324 shares.

 

(b)

Percent of Class.

For EWHP, 16.1%.

For WPM, 1.2%

For each of EWHP GP and the General Partner, 17.31 %.

For each of the Managers: 17.31%.

 

(c)

Number of shares as to which such person has:

(i) Sole power to vote or to direct the vote:

For EWHP, 12,096,702 shares.

For WPM, 924,622 shares.

For each of EWHP GP and the General Partner, 13,021,324 shares.

For each of the Managers: 0 shares.

(ii) Shared power to vote or to direct the vote:

For EWHP, 0 shares.

For WPM, 0 shares.

For each of EWHP GP and the General Partner, 0 shares.

For each of the Managers: 13,021,324 shares.


(iii) Sole power to dispose or to direct the disposition of:

For EWHP, 12,096,702 shares.

For WPM, 924,622 shares.

For each of EWHP GP and the General Partner, 13,021,324 shares.

For each of the Managers: 0 shares.

(iv) Shared power to dispose or to direct the disposition of:

For EWHP, 0 shares.

For WPM, 0 shares.

For each of EWHP GP and the General Partner, 0 shares.

For each of the Managers: 13,021,324 shares.

Item 5. Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.

Item 6. Ownership of More than Five Percent on Behalf of Another Person

N/A

Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company

N/A

Item 8. Identification and Classification of Members of the Group

N/A

Item 9. Notice of Dissolution of Group

N/A

Item 10. Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held 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 the purpose or effect.


SIGNATURES

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

Date: January 31, 2022

 

EW HEALTHCARE PARTNERS   INDIVIDUALS:
ACQUISITION FUND, L.P.    
By: EW Healthcare Partners Acquisition Fund GP, L.P.,    

/s/ Martin P. Sutter

  Its General Partner     Name: Martin P. Sutter
By:   EW Healthcare Partners Acquisition Fund UGP, LLC,    
  Its General Partner    

/s/ R. Scott Barry

        Name: R. Scott Barry
By:  

/s/ Martin P. Sutter

   
  Name:   Martin P. Sutter    
  Title:   Managing Director    
WHITE PINE MEDICAL LLC    

/s/ Ronald Eastman

        Name: Ronald Eastman
By:   EW Healthcare Partners Acquisition Fund,    
  L.P., its Managing Member    
       

/s/ Petri Vainio

By:   EW Healthcare Partners Acquisition Fund     Name: Petri Vainio
  GP, L.P., Its General Partner    
By:   EW Healthcare Partners Acquisition Fund    
UGP, LLC, Its General Partner    
By:  

/s/ Martin P. Sutter

   
  Name:   Martin P. Sutter    
  Title:   Managing Director    
EW HEALTHCARE PARTNERS    
ACQUISITION FUND GP, L.P.    
By:   EW Healthcare Partners Acquisition Fund    
UGP, LLC, Its General Partner    
By:  

/s/ Martin P. Sutter

   
  Name:   Martin P. Sutter    
  Title:   Managing Director    

EW HEALTHCARE PARTNERS
ACQUISITION FUND UGP, LLC
By:  

/s/ Martin P. Sutter

  Name:   Martin P. Sutter
  Title:   Managing Director