Filing Details

Accession Number:
0001213900-17-001263
Form Type:
13G Filing
Publication Date:
2017-02-13 16:36:51
Filed By:
Chione Ltd
Company:
Karyopharm Therapeutics Inc. (NASDAQ:KPTI)
Filing Date:
2017-02-13
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
Chione Ltd 0 8,549,920 0 8,549,920 8,549,920 20.7%
Marcin Czernik 0 8,549,920 0 8,549,920 8,549,920 20.7%
Andreas Hadjimichael 0 8,549,920 0 8,549,920 8,549,920 20.7%
George Hadjimichael 0 8,549,920 0 8,549,920 8,549,920 20.7%
Wiaczeslaw Smolokowski 0 8,549,920 0 8,549,920 8,549,920 20.7%
Filing
 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

Karyopharm Therapeutics Inc.

 

(Name of Issuer)

 

Common Stock

 

(Title of Class of Securities)

 

48576U106

 

(CUSIP Number)

 

Simon Prisk, Esq.

150 East 58th Street, 22nd Floor

New York, NY 10155

(212) 355-3333

 

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

12/31/16

 

(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 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).

 

 

 

 

 

CUSIP No. 48576U106   13G   Page 2 of 10 pages

 

1.  

NAMES OF REPORTING PERSONS

Chione Ltd.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

 

(a)    ☐

(b)    ☐

3.  

SEC USE ONLY

 

 

4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

CYPRUS

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

5.  

SOLE VOTING POWER

 

0

6.  

SHARED VOTING POWER

 

8,549,920

7.  

SOLE DISPOSITIVE POWER

 

0

8.  

SHARED DISPOSITIVE POWER

 

8,549,920

9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,549,920

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)    ☐

 

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

20.7%

12.  

TYPE OF REPORTING PERSON (see instructions)

 

CO

 

 

 

CUSIP No. 48576U106   13G   Page 3 of 10 pages

 

1.  

NAMES OF REPORTING PERSONS

Marcin Czernik

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

 

(a)    ☐

(b)    ☐

3.  

SEC USE ONLY

 

 

4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

POLAND

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

5.  

SOLE VOTING POWER

 

0

6.  

SHARED VOTING POWER

 

8,549,920

7.  

SOLE DISPOSITIVE POWER

 

0

8.  

SHARED DISPOSITIVE POWER

 

8,549,920

9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,549,920

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)    ☒

 

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

20.7%

12.  

TYPE OF REPORTING PERSON (see instructions)

 

IN, HC

 

 

 

CUSIP No. 48576U106   13G   Page 4 of 10 pages

 

1.  

NAMES OF REPORTING PERSONS

Andreas Hadjimichael

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

 

(a)    ☐

(b)    ☐

3.  

SEC USE ONLY

 

 

4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

CYPRUS

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

5.  

SOLE VOTING POWER

 

0

6.  

SHARED VOTING POWER

 

8,549,920

7.  

SOLE DISPOSITIVE POWER

 

0

8.  

SHARED DISPOSITIVE POWER

 

8,549,920

9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,549,920

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)    ☒

 

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

20.7%

12.  

TYPE OF REPORTING PERSON (see instructions)

 

IN, HC

 

 

 

CUSIP No. 48576U106   13G   Page 5 of 10 pages

 

1.  

NAMES OF REPORTING PERSONS

George Hadjimichael

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

 

(a)    ☐

(b)    ☐

3.  

SEC USE ONLY

 

 

4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

CYPRUS

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

5.  

SOLE VOTING POWER

 

0

6.  

SHARED VOTING POWER

 

8,549,920

7.  

SOLE DISPOSITIVE POWER

 

0

8.  

SHARED DISPOSITIVE POWER

 

8,549,920

9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,549,920

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)    ☒

 

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

20.7%

12.  

TYPE OF REPORTING PERSON (see instructions)

 

IN, HC

 

 

 

CUSIP No. 48576U106   13G   Page 6 of 10 pages

 

1.  

NAMES OF REPORTING PERSONS

Wiaczeslaw Smolokowski

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

 

(a)    ☐

(b)    ☐

3.  

SEC USE ONLY

 

 

4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

POLAND

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

5.  

SOLE VOTING POWER

 

0

6.  

SHARED VOTING POWER

 

8,549,920

7.  

SOLE DISPOSITIVE POWER

 

0

8.  

SHARED DISPOSITIVE POWER

 

8,549,920

9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,549,920

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)    ☐

 

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

20.7%

12.  

TYPE OF REPORTING PERSON (see instructions)

 

IN, HC

 

 

  

CUSIP No. 48576U106   13G   Page 7 of 10 pages

 

Item 1.

 

  (a) Karyopharm Therapeutics Inc.
     
  (b)

Address of Issuer’s Principal Executive Offices

 

85 Wells Avenue, 2nd Floor

Newton, MA 02459

 

Item 2.

 

  (a)

Name of Person Filing

 

This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):

 

(i)    Chione Ltd. (“Chione”)

 

(ii)   Marcin Czernik

 

(iii)  Andreas Hadjimichael

 

(iv)  George Hadjimichael

 

(v)   Wiaczeslaw Smolokowski

     
  (b)

Address of the Principal Office or, if none, residence

 

(i)   The principal office of each of the Reporting Persons (other than Mr. Smolokowski) is Simou Menardou 8, Ria Court 8, Office 101, 6015 Larnaca, Cyprus.

 

(ii)   The residence address of Mr. Smolokowski is Chalet Lenotchka, Chemin des Marais 1, Chesieres, Switzerland.

     
  (c)

Citizenship

 

(i)   Chione is a Cyprus corporation.

 

(ii)  Messrs. Andreas and George Hadjimichael are citizens of the Republic of Cyprus.

 

(iii) Messrs. Czernik and Smolokowski are citizens of the Republic of Poland.

     
  (d)

Title of Class of Securities

 

Common Stock

     
  (e)

CUSIP Number

 

48576U106

 

 

 

CUSIP No. 048576U106   13G   Page 8 of 10 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:

 

Not applicable.

 

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: 8,549,920 shares. These shares of Common Stock are owned directly by Chione. Chione's directors, Marcin Czernik, Andreas Hadjimichael and George Hadjimichael, and its sole stockholder, Wiaczeslaw Smolokowski, may be deemed to share voting and investment power and beneficial ownership of such shares of Common Stock. Each of such directors and stockholder disclaims such voting and investment power and beneficial ownership. The number of shares listed on the cover pages of this Schedule 13G pertaining to Chione’s directors includes the shares of Common Stock owned directly by Chione, but does not include shares of Common Stock owned directly by Plio Ltd., which has the same directors and as to which each of such directors may be deemed to share voting and investment power and beneficial ownership. Each of such directors disclaims such voting and investment power and beneficial ownership.
     
(b)   Percent of class:  20.7%.  See item 4(a) above.
     
(c)  

Number of shares as to which the person has:

 

Chione

     
    (i)    Sole power to vote or to direct the vote  0.
     
    (ii)   Shared power to vote or to direct the vote  8,549,920.
     
    (iii)  Sole power to dispose or to direct the disposition of  0
     
    (iv)  Shared power to dispose or to direct the disposition of  8,549,920
     
    Mr. Czernik

 

    (i)    Sole power to vote or to direct the vote  0.
     
    (ii)   Shared power to vote or to direct the vote  8,549,920.
     
    (iii)  Sole power to dispose or to direct the disposition of  0
     
    (iv)  Shared power to dispose or to direct the disposition of  8,549,920

 

    Mr. Andreas Hadjimichael
     
    (i)    Sole power to vote or to direct the vote  0.
     
    (ii)  Shared power to vote or to direct the vote  8,549,920.
     
    (iii)  Sole power to dispose or to direct the disposition of  0
     
    (iv) Shared power to dispose or to direct the disposition of  8,549,920

 

 

 

CUSIP No. 048576U106   13G   Page 9 of 10 pages

 

    Mr. George Hadjmichael
     
    (i)   Sole power to vote or to direct the vote 0.
     
    (ii)  Shared power to vote or to direct the vote 8,549,920.
     
    (iii) Sole power to dispose or to direct the disposition of 0
     
    (iv) Shared power to dispose or to direct the disposition of 8,549,920
     
    Mr. Smolokowski
     
    (i)   Sole power to vote or to direct the vote 0.
     
    (ii)  Shared power to vote or to direct the vote 8,549,920.
     
    (iii) Sole power to dispose or to direct the disposition of 0
     
    (iv) Shared power to dispose or to direct the disposition of 8,549,920

 

See item 4(a) above.

 

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

 

Not applicable.

 

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

 

Not applicable.

 

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

 

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.

 

Not applicable.

 

 

 

CUSIP No. 048576U106   13G   Page 10 of 10 pages

 

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.

 

  February 13, 2017
  Date
   
 

Chione Limited, by /s/ Simon Prisk, as attorney-in-fact

Marcin Czernik, by /s/ Simon Prisk, as attorney-in-fact

Andreas Hadjimichael, by /s/ Simon Prisk, as attorney-in-fact

George Hadjimichael, by /s/ Simon Prisk, as attorney-in-fact 

Wiaczeslaw Smolokowski, by /s/ Simon Prisk, as attorney-in-fact

 

Exhibit Index

 

Exhibit 24.1 - Power of Attorney, dated as of February 1, 2017, made by Marcin Czernik and Chione Limited in favor of Simon Prisk
Exhibit 24.2 - Power of Attorney, dated as of May 12, 2016, made by Andreas Hadjimichael and Chione Limited in favor of Simon Prisk (filed with the Form 4 of the Reporting Persons, filed on May 12, 2016)
Exhibit 24.3 - Power of Attorney, dated February 15, 2016, made by George Hadjimichael and Chione Limited in favor of Simon Prisk (filed with the Schedule 13G/A of the Reporting Persons, filed on March 9, 2016)
Exhibit 24.4 - Power of Attorney, dated as of February 1, 2017, made by Wiaczeslaw Smolokowski  in favor of Simon Prisk
Exhibit 99.1 - Joint Filing Agreement, dated February 13, 2017, among the Reporting Persons