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This Amendment No. 3 (“Amendment No. 3”) amends and supplements the statement on Schedule 13G initially filed on July 1, 2019 (the “Original Filing”) by Boxer Capital, LLC (“Boxer Capital”), Boxer Asset Management Inc. (“Boxer Management”), MVA Investors, LLC (“MVA Investors”) and Joe Lewis, as amended by Amendment No. 1 filed on February 14, 2020 by Boxer Capital, Boxer Management, MVA Investors, Joe Lewis and Aaron Davis (collectively, the “Reporting Persons”) and Amendment No. 2 filed on February 16, 2021 by the Reporting Persons. The Original Filing, as amended, remains in effect except to the extent that it is amended, restated or superseded by information contained in this Amendment No. 3. Capitalized terms used and not defined in this Amendment No. 3 have the meanings set forth in the Original Filing, as amended.
| (a) | Amount beneficially owned: |
Boxer Capital, Boxer Management and Joe Lewis beneficially own 2,202,333 shares of Common Stock. MVA Investors and Aaron Davis do not beneficially own any shares of Common Stock.
The number of shares of Common Stock beneficially owned by Boxer Capital, Boxer Management and Joe Lewis represent 7.2% of the Issuer’s outstanding Common Stock based on 30,435,167 shares of Class A Common Stock outstanding as of November 2, 2021, as set forth in the Issuer’s Quarterly Report on Form 10-Q filed with the SEC on November 2, 2021.
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote: |
None of the Reporting Persons has sole power to vote or to direct the vote of any shares of Common Stock.
| (ii) | Shared power to vote or to direct the vote: |
Boxer Capital, Boxer Asset Management and Joe Lewis have shared power to vote or to direct the vote of the 2,202,333 shares of Common Stock they beneficially own.
| (iii) | Sole power to dispose or to direct the disposition of: |
None of the Reporting Persons has sole power to vote or to direct the vote of any shares of Common Stock.
| (iv) | Shared power to dispose or to direct the disposition of: |
Boxer Capital, Boxer Asset Management and Joe Lewis have shared power to dispose or to direct the disposition of the 2,202,333 shares of Common Stock they beneficially own.
Item 5. | Ownership of Five Percent or Less of a Class. |
With respect to MVA Investors and Aaron Davis:
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 5 percent of the class of securities, check the following ☒.