UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. __)*
Solid Biosciences Inc.
(Name of Issuer)
Common stock, par value $0.001 per share
(Title of Class of Securities)
83422E105
(CUSIP Number)
December 31, 2018
Date of Event Which Requires Filing of the Statement
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
*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.83422E105 | 13G | Page2 of8 Pages |
1. | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Gilad Hayeem |
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
3. | SEC USE ONLY |
4. | CITIZENSHIP OR PLACE OF ORGANIZATION British citizen |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER 0 |
6. | SHARED VOTING POWER 3,542,746 |
7. | SOLE DISPOSITIVE POWER 0 |
8. | SHARED DISPOSITIVE POWER See Row 6 above |
9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON See Row 6 above |
10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.0%1 |
12. | TYPE OF REPORTING PERSON IN |
| | | |
| 1 | The percentages reported in this Schedule 13G are based upon 35,432,460 shares of common stock outstanding as of November 1, 2018 (according to the Form 10-Q filed by the issuer with the Securities and Exchange Commission on November 13, 2018). The Reporting Persons’ beneficial ownership is less than 10% of the issuer’s outstanding shares. |
CUSIP No.83422E105 | 13G | Page3 of8 Pages |
1. | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON DTMG Limited |
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
3. | SEC USE ONLY |
4. | CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER 0 |
6. | SHARED VOTING POWER 3,542,746 shares |
7. | SOLE DISPOSITIVE POWER 0 |
8. | SHARED DISPOSITIVE POWER See Row 6 above |
9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON See Row 6 above |
10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.0% |
12. | TYPE OF REPORTING PERSON CO |
| | | |
CUSIP No.83422E105 | 13G | Page4 of8 Pages |
Solid Biosciences Inc.
| Item 1 (b) | Address of Issuer’s Principal Executive Offices |
141 Portland Street, Fifth Floor, Cambridge, MA 02139
| Item 2(a) | Name of Person Filing This Schedule 13G is being jointly filed by Mr. Gilad Hayeem and DTMG Limited (“DTMG”) with respect to shares of common stock of the above-named issuer owned by DTMG. Mr. Hayeem owns and controls DTMG. |
| Item 2(b) | Address of Principal Business Office c/o Hunton Andrews Kurth LLP, Attn: Eric Markus, 2200 Pennsylvania Avenue, NW, Washington, DC 20037. |
| Item 2(c) | Citizenship Mr. Hayeem is a citizen of the United Kingdom. DTMG is organized as a limited company under the laws of the British Virgin Islands. |
| Item 2(d) | Title of Class of Securities |
Common stock, $0.001 par value
83422E105
CUSIP No.83422E105 | 13G | Page5 of8 Pages |
| 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 Exchange Act; |
| (b) | ¨ | Bank as defined in Section 3(a)(6) of the Exchange Act; |
| (c) | ¨ | Insurance company as defined in Section 3(a)(19) of the Exchange Act; |
| (d) | ¨ | Investment company registered under Section 8 of the Investment Company Act; |
| (e) | ¨ | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); |
| (f) | ¨ | An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); |
| (g) | ¨ | A 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; |
| (j) | ¨ | A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); |
| (k) | ¨ | Group, in accordance with Rule 13d-1(b)(1)(ii)(K). |
If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: ____________.
CUSIP No.83422E105 | 13G | Page6 of8 Pages |
| (a) | Mr. Hayeem beneficially owns (indirectly) 3,542,746 shares of common stock. |
| (b) | The number of shares Mr. Hayeem beneficially owns (indirectly) constitutes less than 10% of the common stock outstanding. |
| (c) | Number of shares as to which such person has (indirectly): |
| (i) | sole power to vote or to direct the vote: 0 |
| (ii) | shared power to vote or to direct the vote: 3,542,746 |
| (iii) | sole power to dispose or to direct the disposition of: 0 |
| (iv) | shared power to dispose or to direct the disposition of: 3,542,746 |
| (a) | DTMG beneficially owns 3,542,746 shares of common stock. |
| (b) | The number of shares DTMG beneficially owns constitutes less than 10% of the common stock outstanding. |
| (c) | Number of shares as to which such person has: |
| (i) | sole power to vote or to direct the vote: 0 |
| (ii) | shared power to vote or to direct the vote: 3,542,746 |
| (iii) | sole power to dispose or to direct the disposition of: 0 |
| (iv) | shared power to dispose or to direct the disposition of: 3,542,746 |
| Item 5 | Ownership of Five Percent or Less of a Class
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¨. |
| 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 |
See Item 2 above
CUSIP No.83422E105 | 13G | Page7 of8 Pages |
| Item 8 | Identification and Classification of Members of the Group |
Not Applicable
| Item 9 | Notice of Dissolution of Group |
Not Applicable
| Item 10 | Certification 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. |
CUSIP No.83422E105 | 13G | Page8 of8 Pages |
After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
Dated this 14th day of February, 2019.
GILAD HAYEEM | | DTMG LIMITED |
| | |
By: | /s/ Gilad Hayeem | | By: | /s/ Gilad Hayeem |
| Gilad Hayeem | | | Gilad Hayeem, Director |