Filing Details

Accession Number:
0001193125-23-194695
Form Type:
13D Filing
Publication Date:
2023-07-25 20:00:00
Filed By:
Novo Holdings A/s
Company:
Cyteir Therapeutics Inc.
Filing Date:
2023-07-26
SEC Url:
13D 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
Novo Holdings A S 3,072,136 0 3,072,136 0 3,072,136 8.7%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 4)*

 

 

Cyteir Therapeutics, Inc.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

23284P 103

(CUSIP Number)

Barbara Fiorini Due

Novo Holdings A/S

Tuborg Havnevej 19

Hellerup, Denmark DK-2900

+45 3527 6592

Copy to:

B. Shayne Kennedy, Esq.

Latham & Watkins LLP

650 Town Center Drive, 20th Floor

Costa Mesa, CA 92626

Telephone: (714) 540-1235

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

July 20, 2023

(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 which is subject of this Schedule 13D, and is filing this statement because of Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7(b) for other parties to whom copies are to be sent.

 

 

 

*

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 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 (the 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.: 23284P 103

 

  1.    

  Name of Reporting Person:

 

  Novo Holdings A/S

  2.  

  Check the Appropriate Box if a Member of Group (See Instructions):

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only:

 

  4.  

  Source of Funds:

 

  WC

  5.  

  Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

 

  ☐

  6.  

  Citizenship or Place of Organization:

 

  Denmark

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

With:

 

     7.    

  Sole Voting Power:

 

  3,072,136

     8.  

  Shared Voting Power:

 

  0

     9.  

  Sole Dispositive Power:

 

  3,072,136

   10.  

  Shared Dispositive Power:

 

  0

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person:

 

  3,072,136

12.  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares:

 

  ☐

13.  

  Percent of Class Represented By Amount In Row (11):

 

  8.7% (1)

14.  

  Type of Reporting Person:

 

  CO

 

(1)

Based upon 35,512,837 shares of the Issuers Common Stock outstanding as of May 4, 2023, as reported in the Issuers Form 10-Q filed with the Securities and Exchange Commission (the SEC) on May 10, 2023.

 

2


This amendment (Amendment No. 4) amends the Schedule 13D originally filed with the SEC on June 25, 2021, as subsequently amended by Amendment No. 1 filed on December 20, 2021, Amendment No. 2 filed on July 25, 2022, and Amendment No. 3 filed on September 30, 2022 (collectively, the Schedule), to report and reflect a reduction in the beneficial ownership of the Issuers common stock in connection with sales. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule.

 

Item 2.

Identity and Background

Item 2 is amended and replaced in its entirety as follows:

 

  (a)

Novo Holdings A/S, a Danish corporation, is an investment firm focused on life sciences and finance that is wholly owned by Novo Nordisk Foundation (the Foundation), a Danish commercial foundation. Novo Holdings A/S is the holding company in the group of Novo companies (currently comprised of Novo Nordisk A/S and Novozymes A/S) and is responsible for managing the Foundations assets, including its financial assets. Based on the governance structure of Novo Holdings A/S and the Foundation, the Foundation is not deemed to have any beneficial ownership of the securities of the Issuer held by Novo Holdings A/S.

The name of each director and executive officer of both Novo Holdings A/S and the Foundation is set forth on the updated Schedule I to this Amendment No. 4.

 

  (b)

The business address of both Novo Holdings A/S and the Foundation is Tuborg Havnevej 19, 2900 Hellerup, Denmark.

The residence or business address of each director and executive officer of both Novo Holdings A/S and the Foundation is set forth on the updated Schedule I to this Schedule 13D.

 

  (c)

Novo Holdings A/S, a holding company that is responsible for managing the Foundations assets, provides seed and venture capital to development stage companies and invests in well-established companies within the life science and biotechnology sector.

The Foundation is a Danish self-governing and profit-making foundation, whose objectives are to provide a stable basis for commercial and research activities undertaken by the group of Novo companies and to support scientific, humanitarian and social purposes through grants.

 

  (d)

Within the last five years, neither Novo Holdings A/S, the Foundation, nor any person named in the updated Schedule I has been convicted in any criminal proceedings.

 

  (e)

Within the last five years, neither Novo Holdings A/S, the Foundation, nor any person named in the updated Schedule I was 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.

 

Item 3.

Source and Amount of Funds or Other Consideration

Item 3 amends and supplements Item 3 in the Schedule to reflect sales of the Issuers stock in the open market during the past 60 days, as follows:

 

Date

   Shares Sold      Weighted Average Price  

June 12, 2023

     900      $ 2.06  

June 13, 2023

     2,626      $ 2.10  

June 14, 2023

     2,872      $ 2.11  

June 15, 2023

     10,002      $ 2.03  

 

3


Date

   Shares Sold      Weighted Average Price  

June 16, 2023

     5,983      $ 2.03  

June 20, 2023

     744      $ 2.11  

June 21, 2023

     4,834      $ 1.99  

June 22, 2023

     5,041      $ 1.94  

June 23, 2023

     3,423      $ 1.88  

June 26, 2023

     8,437      $ 1.79  

June 27, 2023

     31,978      $ 1.77  

June 30, 2023

     200,937      $ 2.63  

July 14, 2023

     11,000      $ 2.74  

July 17, 2023

     21,100      $ 2.75  

July 18, 2023

     6,500      $ 2.76  

July 19, 2023

     1,900      $ 2.76  

July 20, 2023

     100,000      $ 2.75  

July 21, 2023

     100,000      $ 2.76  

July 24, 2023

     100,000      $ 2.76  

July 25, 2023

     125,000      $ 2.75  

July 26, 2023

     125,000      $ 2.75  

 

Item 5.

Interest in Securities of the Issuer

Item 5 is amended and replaced in its entirety as follows:

 

  (a)

Novo Holdings A/S beneficially owns 3,072,136 shares of Common Stock (the Novo Shares) representing approximately 8.7% of the Issuers outstanding shares of Common Stock, based 35,512,837 shares of the Issuers Common Stock outstanding as of May 4, 2023, as reported in the Issuers Form 10-Q filed with the SEC on May 10, 2023.

 

  (b)

Novo Holdings A/S is a Danish corporation wholly owned by the Novo Nordisk Foundation. Novo Holdings A/S has the sole power to vote and dispose of the Novo Shares. Neither the Foundation nor any person listed on the updated Schedule I has the power to direct the vote as to, or the disposition of the Novo Shares.

 

  (c)

Except as described herein, Novo Holdings A/S has not effected any transactions in the Issuers Common Shares within the past 60 days and neither the Foundation nor any person listed on the updated Schedule I has effected any transactions in the Issuers Common Shares within the past 60 days.

 

  (d)

Novo Holdings A/S does not know of any other person having the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Novo Shares.

 

  (e)

Not applicable.

 

4


SIGNATURE

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

 

Dated: July 26, 2023     Novo Holdings A/S
   

/s/ Barbara Fiorini Due

    By:   Barbara Fiorini Due
    Its:   General Counsel, Finance & Operations

 

5


Schedule I

Information regarding each director and executive officer of both Novo Holdings A/S and the Novo Nordisk Foundation is set forth below.

 

Novo Holdings A/S

Name, Title

  

Address

  

Principal Occupation

  

Citizenship

Lars Rebien Sørensen,

Chairman of the Board

  

Christianholms Tværvej 27,
2930 Klampenborg

Denmark

   Professional Board Director    Denmark

Steen Riisgaard,

Vice Chairman of the Board

  

Hestetangsvej 155,

3520 Farum,

Denmark

   Professional Board Director    Denmark

Jean-Luc Butel,

Director

  

235 Arcadia Road

unit # 10-3

289843 Singapore

   Global Healthcare Advisor,
President, K8 Global Pte Ltd.
   Singapore

Jeppe Christiansen,

Director

  

Classensgade 59, 5. th.

2100 Copenhagen Ø

Denmark

  

Chief Executive Officer,

Fondsmaeglerselskabet Maj Invest A/S

   Denmark

Francis Michael Cyprian Cuss,

Director

  

111 Rippling Brook Way,

Bernardsville,

NJ 07924

USA

   Biopharmaceutical Consultant   

United Kingdom

United States

Britt Meelby Jensen

Director

  

Bukkeballevej 10

2960 Rungsted Kyst

Denmark

   Professional Board Director    Denmark

Viviane Monges,

Director

  

Chemin de Craivavers 32,
1012 Lausanne

Switzerland

   Professional Board Director    France

Henrik Poulsen,

Director

  

Emiliekildevej 36

2930 Klampenborg

Denmark

   Professional Board Director and Senior Advisor, A.P. Møller Holding A/S,    Denmark

Susanne Antonie Schaffert

Director

  

Am Eichenwald 18

91054 Erlangen

Germany

   Professional Board Director    Germany

Kasim Kutay,

Chief Executive Officer of Novo Holdings A/S

  

Bredgade 65, 3.tv. 1260
Copenhagen K.

Denmark

   Chief Executive Officer of Novo Holdings A/S    United Kingdom

Nigel Kevin Govett

Chief Financial Officer of Novo Holdings A/S

  

Kløvervang 10,

2970 Hørsholm,

Denmark

   Chief Financial Officer of Novo Holdings A/S    United Kingdom

 

6


Novo Nordisk Foundation

Name, Title

  

Address

  

Principal Occupation

  

Citizenship

Lars Rebien Sørensen,

Chairman of the Board

  

Christianholms Tværvej 27

2930 Klampenborg

Denmark

   Professional Board Director    Denmark

Lars Henrik Munch,

Vice Chairman of the Board

  

Galionsvej 46

1437 Copenhagen K

Denmark

   Professional Board Director    Denmark

Mads Krogsgaard Thomsen,

Chief Executive Officer

  

Præstevejen 38

3230 Græsted

Denmark

   Chief Executive Officer, Novo Nordisk Foundation    Denmark

Ole Jakob Müller,

Director

  

Borgmester Jensens A 11, 4. 0003

2100 København Ø Denmark

   Environmental Consultant    Denmark

Lars Henrik Fugger,

Director

  

72 Staunton Road, Headington

OX3 7TP Oxford

Great Britain

   Professor, John Radcliffe Hospital, University of Oxford, Oxford, Great Britain    Denmark

Liselotte Højgaard,

Director

  

Grønningen 21, 4.

1270 Copenhagen K

Denmark

   Professor    Denmark

Mads Boritz Grøn,

Director

  

Horsevænget 4

3400 Hillerød

Denmark

   Senior Lead Auditor    Denmark

Steen Riisgaard,

Director

  

Hestetangsvej 155

3520 Farum

Denmark

   Professional Board Director    Denmark

Stig Strøbaek,

Director

  

Furesøgårdsvej 2

3520 Farum

Denmark

   Electrician    Denmark

Nana Sejbæk

Director

  

Vinrankevej 3

2900 Hellerup

Denmark

   Professional Board Director    Denmark

Christopher Ashby Voigt

Director

  

57 Elizabeth Rd

Belmont, MA 02478

USA

   Professor, Massachusetts Institute of Technology, Massachusetts, USA    United States

 

7