Filing Details

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE 13G

INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

GENVEC, INC.

(Name of Issuer)

 

COMMON STOCK, par value $0.001

(Title of Class of Securities)

 

37246C406

(CUSIP Number)

February 2, 2017

(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)

CUSIP No. 37246C406

13G

Page 2 of 6 Pages

1	NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
	MMCAP International Inc. SPC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☑ (b)     ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Cayman Islands
		5	SOLE VOTING POWER
NUMBER OF			0
SHARES		6	SHARED VOTING POWER
BENEFICIALLY			114,827 common shares
OWNED BY		7	SOLE DISPOSITIVE POWER
EACH			0
REPORTING		8	SHARED DISPOSITIVE POWER
PERSON WITH			114,827 common shares
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	114,827 common shares
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
	5.05%* *The percentages used herein are calculated based upon 22,736,316 outstanding shares of the Issuer as of October 31, 2016, adjusted for 1:10 reverse split effected December 1, 2016.
12	TYPE OF REPORTING PERSON*
	CO

*SEE INSTRUCTIONS BEFORE FILLING OUT!

CUSIP No. 37246C406

13G

Page 3 of 6 Pages

 

1	NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
	MM Asset Management Inc.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☑ (b)     ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Ontario, Canada
		5	SOLE VOTING POWER
NUMBER OF			0
SHARES		6	SHARED VOTING POWER
BENEFICIALLY			114,827 common shares
OWNED BY		7	SOLE DISPOSITIVE POWER
EACH			0
REPORTING		8	SHARED DISPOSITIVE POWER
PERSON WITH			114, 827 common shares
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	114,827 common shares
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
	5.05%* *The percentages used herein are calculated based upon 22,736,316 outstanding shares of the Issuer as of October 31, 2016, adjusted for 1:10 reverse split effected December 1, 2016.
12	TYPE OF REPORTING PERSON*
	CO

*SEE INSTRUCTIONS BEFORE FILLING OUT!

CUSIP No. 37246C406

13G

Page 4 of 6 Pages

 

GenVec, Inc.

910 Clopper Road, Suite 220N

Gaithersburg, Maryland 20678

i)  MMCAP International Inc. SPC

 

ii) MM Asset Management Inc.

 

i)   P. O. Box 259
     George Town Financial Centre
     Grand Cayman, Cayman Islands KY1-1208

ii)  66 Wellington Street West, Suite 2707
     Toronto, Ontario M5K 1H6 Canada

i) Cayman Islands

ii)   Ontario, Canada

Common Stock, par value $0.001

37246C406

Item 3.

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

(a)

☐

Broker or dealer registered under Section 15 of the Act;

(b)

☐

Bank as defined in Section 3(a)(6) of the Act;

(c)

☐

Insurance Company as defined in Section 3(a)(19) of the Act;

(d)

☐

Investment Company registered under Section 8 of the Investment Company Act;

(e)

☐

Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

(f)

☐

Employee benefit plan or endowment plan in accordance with Rule 13d-1(b)(1)(ii)(F);

(g)

☐

Parent holding company or control person, in accordance with Rule 13d-1(b)(1)(ii)(G);

(h)

☐

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;

	(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:
	(j)	☐	Group, in accordance with Rule 13d-1(b)(1)(ii)(j).

☑

If this statement is filed pursuant to Rule 13d-1(c), check this box.

CUSIP No. 37246C406

13G

Page 5 of 6 Pages

 

Item 4.

Ownership.

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

(a)

Amount beneficially owned:  114,827 common shares

(b)

Percent of class:  5.05%*

(c)

Number of shares as to which such person has:

 

 

 

*The percentages used herein are calculated based upon 22,736,316 outstanding shares of the Issuer as of October 31, 2016, adjusted for 1:10 reverse split effected December 1, 2016.

Instruction.  For computations regarding securities which represent a right to acquire an underlying security, see Rule 13d-3(d)(1).

Item 5.

Ownership of Five Percent or Less of a Class.

If the 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

CUSIP No. 37246C406

13G

Page 6 of 6 Pages

 

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.

	February 16, 2017
	(Date)
	MMCAP International Inc. SPC
	By:  /s/ Matthew MacIsaac                                     Matthew MacIsaac, Director
	February 16, 2017
	(Date)
	MM Asset Management Inc.
	By:  /s/ Hillel Meltz                                                  Hillel Meltz, President