Filing Details
- Accession Number:
- 0001144204-12-027297
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-05-09 21:04:47
- Reporting Period:
- 2012-05-07
- Filing Date:
- 2012-05-09
- Accepted Time:
- 2012-05-09 20:04:47
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
704384 | Biovest International Inc | BVTI | Pharmaceutical Preparations (2834) | 411412084 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1189294 | Ltd Fund Master Laurus | C/O Laurus Capital Management, Llc 420 Lexington Ave., Suite 2840 New York NY 10170 | No | No | Yes | Yes | |
1296341 | Laurus Capital Management Llc | 420 Lexington Ave., Suite 2840 New York NY 10170 | No | No | Yes | Yes | |
1413179 | Valens Capital Management, Llc | C/O Laurus Capital Management, Llc 420 Lexington Ave., Suite 2840 New York NY 10170 | No | No | Yes | Yes | |
1413180 | Valens U.s. Spv I, Llc | C/O Laurus Capital Management, Llc 420 Lexington Ave., Suite 2840 New York NY 10170 | No | No | Yes | Yes | |
1420984 | Valens Offshore Spv I, Ltd. | C/O Laurus Capital Management, Llc 420 Lexington Ave., Suite 2840 New York NY 10170 | No | No | Yes | Yes | |
1465346 | Ltd Debt Structured Psource | C/O Laurus Capital Management, Llc 420 Lexington Ave., Suite 2840 New York NY 10170 | No | No | Yes | Yes |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.01 Per Share | Disposition | 2012-05-07 | 4,860 | $0.40 | 1,826,459 | No | 4 | S | Indirect | By Laurus Master Fund, Ltd. |
Common Stock, Par Value $0.01 Per Share | Disposition | 2012-05-07 | 2,683 | $0.40 | 1,008,288 | No | 4 | S | Indirect | By Valens U.S. SPV I, LLC |
Common Stock, Par Value $0.01 Per Share | Disposition | 2012-05-07 | 18,951 | $0.40 | 7,121,819 | No | 4 | S | Indirect | By Valens Offshore SPV I, Ltd. |
Common Stock, Par Value $0.01 Per Share | Disposition | 2012-05-07 | 11,906 | $0.40 | 4,474,860 | No | 4 | S | Indirect | By PSource Structured Debt Ltd. |
Common Stock, Par Value $0.01 Per Share | Disposition | 2012-05-08 | 9,510 | $0.39 | 1,816,949 | No | 4 | S | Indirect | By Laurus Master Fund, Ltd. |
Common Stock, Par Value $0.01 Per Share | Disposition | 2012-05-08 | 5,251 | $0.39 | 1,003,037 | No | 4 | S | Indirect | By Valens U.S. SPV I, LLC |
Common Stock, Par Value $0.01 Per Share | Disposition | 2012-05-08 | 37,085 | $0.39 | 7,084,734 | No | 4 | S | Indirect | By Valens Offshore SPV I, Ltd. |
Common Stock, Par Value $0.01 Per Share | Disposition | 2012-05-08 | 23,301 | $0.39 | 4,451,559 | No | 4 | S | Indirect | By PSource Structured Debt Ltd. |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By Laurus Master Fund, Ltd. |
No | 4 | S | Indirect | By Valens U.S. SPV I, LLC |
No | 4 | S | Indirect | By Valens Offshore SPV I, Ltd. |
No | 4 | S | Indirect | By PSource Structured Debt Ltd. |
No | 4 | S | Indirect | By Laurus Master Fund, Ltd. |
No | 4 | S | Indirect | By Valens U.S. SPV I, LLC |
No | 4 | S | Indirect | By Valens Offshore SPV I, Ltd. |
No | 4 | S | Indirect | By PSource Structured Debt Ltd. |
Footnotes
- Laurus Master Fund, Ltd. (in Liquidation), a Cayman Islands company (the "Fund") is in liquidation under the supervision of the Grand Court of the Cayman Islands. The Joint Official Liquidators ("JOLs") are Chris Johnson and Russell Smith of Johnson Smith Associates, Ltd. The JOLs have discretion over the management of the Fund and the disposition of its assets, including the securities owned by the Fund reported in this statement. Laurus Capital Management, LLC ("LCM") provides day-to-day investment management services to the Fund and its two feeder funds concerning their respective assets, including the securities owned by the Fund reported in this statement, subject to certain oversight and preapproval rights of the JOLs and LCM's obligations to the Fund under the Seventh Amended and (Continued in footnote 2)
- Restated Investment Management Agreement dated as of April 26, 2007, as amended, restated, modified and/or supplemented from time to time; all of the foregoing are subject to specific directions otherwise given by the JOLs at their discretion. PSource Structured Debt Limited, a Guernsey company ("PSource") is managed by LCM, subject to certain preapproval rights of the board of directors of PSource. Valens Capital Management, LLC ("VCM") serves as investment manager to Valens U.S. SPV I, LLC, a Delaware limited liability company and Valens Offshore SPV I, Ltd., a Cayman Islands company. The JOLs share voting and investment power over the securities owned by the Fund. Each of the JOLs, LCM and VCM disclaims beneficial ownership of the securities reported herein except to the extent of such person's pecuniary interest, if any. (Continued in footnote 3).
- The filing of this statement shall not be deemed an admission that any person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any equity securities covered by or described in this statement.
- Shares owned directly by Laurus Master Fund, Ltd.
- Shares owned directly by Valens U.S. SPV I, LLC
- Shares owned directly by Valens Offshore SPV I, Ltd.
- Shares owned directly by PSource Structured Debt Ltd.