| CUSIP No. 45790W108 | SCHEDULE 13G/A | Page 5 of 9 Pages |
| Item 1. | | (a) Name of Issuer |
Inozyme Pharma, Inc. (the “Issuer”)
| | (b) Address of Issuer’s Principal Executive Offices |
321 Summer Street, Suite 400
Boston, MA 02210
| Item 2. | | (a) Names of Person Filing |
This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):
i. Rock Springs Capital Management LP (“RSCM”);
ii. Rock Springs Capital Master Fund LP (“Master Fund”); and
iii. Rock Springs Capital LLC (“RSC”);
This Statement relates to shares (as defined herein) held directly by the Master Fund, which is a Cayman Island exempted limited partnership, and Four Pines Master Fund LP (“Four Pines”), which is a Cayman Islands exempted limited partnership, and indirectly held by RSCM, a Delaware limited partnership, and RSC, a Delaware limited liability company. RSCM serves as the investment manager to each of the Master Fund and Four Pines. RSC is the general partner of RSCM.
| | (b) Address of Principal Business Office, or, if none, Residence |
Rock Springs Capital Management LP and Rock Springs Capital LLC
650 South Exeter, Suite 1070
Baltimore, MD 21202
Rock Springs Capital Master Fund
c/o Walkers Corporate Limited
190 Elgin Avene
George Town, Grand Cayman, KY1-9008, Cayman Islands
Rock Springs Capital Management LP - Delaware
Rock Springs Capital Master Fund LP - Cayman Islands
Rock Springs Capital LLC - Delaware
| | (d) Title of Class of Securities |
Common stock, par value $0.0001 per share (the “shares”)
45790W108
| CUSIP No. 45790W108 | SCHEDULE 13G/A | Page 6 of 9 Pages |
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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: |
| | (a) | ¨ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
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| | (b) | ¨ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
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| | (c) | ¨ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
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| | (d) | ¨ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
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| | (e) | o | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
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| | (f) | ¨ | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
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| | (g) | o | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); |
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| | (h) | ¨ | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
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| | (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 (15 U.S.C. 80a-3); |
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| | (j) | ¨ | A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J); |
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| | (k) | ¨ | A group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: |
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| CUSIP No. 45790W108 | SCHEDULE 13G/A | Page 7 of 9 Pages |
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.
As of the date of this filing, the Reporting Persons may be deemed to be the beneficial owners of 3,681,174 shares, which amount includes 3,260,000 shares directly beneficially owned by the Master Fund, and 421,174 shares directly beneficially owned by Four Pines. The percent of class is determined by dividing the number of shares beneficially owned by the Reporting Persons by 61,760,748, as reported on the Issuer’s Form 10-Q filed on November 7, 2023.
(a) Amount beneficially owned:
Rock Springs Capital Management LP: 3,681,174
Rock Springs Capital Master Fund LP: 3,260,000
Rock Springs Capital LLC: 3,681,174
(b) Percent of Class:
Rock Springs Capital Management LP: 5.96%
Rock Springs Capital Master Fund LP: 5.28%
Rock Springs Capital LLC: 5.96%
(c) Number of shares as the which the person has:
(i) Sole power to vote or to direct the vote:
Rock Springs Capital Management LP: 0
Rock Springs Capital Master Fund LP: 0
Rock Springs Capital LLC: 0
(ii) Shared power to vote or to direct the vote:
Rock Springs Capital Management LP: 3,681,174
Rock Springs Capital Master Fund LP: 3,260,000
Rock Springs Capital LLC: 3,681,174
(iii) Sole power to dispose or to direct the disposition of:
Rock Springs Capital Management LP: 0
Rock Springs Capital Master Fund LP: 0
Rock Springs Capital LLC: 0
(iv) Shared power to dispose or to direct the disposition of:
Rock Springs Capital Management LP: 3,681,174
Rock Springs Capital Master Fund LP: 3,260,000
Rock Springs Capital LLC: 3,681,174
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
See disclosure in Items 2 and 4 hereof. Certain funds listed in Item 2(a) are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares covered by this Statement that may be deemed to be beneficially owned by the Reporting Persons.
Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person
Please see response to Item 2.
Item 8. Identification and Classification of Members of the Group
Not Applicable.
Item 9. Notice of Dissolution of Group
Not Applicable.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
| CUSIP No. 45790W108 | SCHEDULE 13G/A | Page 8 of 9 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.
Dated: February 14, 2024
