This Amendment No. 1 (“Amendment No. 1”) amends and supplements the statement on Schedule 13G filed on April 30, 2021 (the “Original Filing”) by Boxer Capital, LLC (“Boxer Capital”), Boxer Asset Management Inc. (“Boxer Management”), Joe Lewis, MVA Investors, LLC (“MVA Investors”) and Aaron I. Davis (together with Boxer Capital, Boxer Management, Joe Lewis and MVA Investors, the “Reporting Persons”). The Original Filing remains in effect except to the extent that it is amended, restated or superseded by information contained in this Amendment No. 1. Capitalized terms used and not defined in this Amendment No. 1 have the meanings set forth in the Original Filing.
| (a) | Amount beneficially owned: |
Boxer Capital, Boxer Management and Joe Lewis beneficially own 1,188,405 shares of Common Stock. MVA Investors and Aaron I. Davis beneficially own 73,186 shares of Common Stock. The Reporting Persons beneficially own, in the aggregate, 1,261,591 shares of Common Stock.
The number of shares of Common Stock beneficially owned by Boxer Capital, Boxer Management and Joe Lewis represents 4.1% of the Issuer’s outstanding Common Stock. The number of shares of Common Stock beneficially owned by MVA Investors and Aaron I. Davis represents 0.3% of the Issuer’s outstanding Common Stock. The number of shares of Common Stock beneficially owned by the Reporting Persons represent, in the aggregate, represents 4.3% of the Issuer’s outstanding Common Stock. All percentages are based on 29,044,784 shares of Common Stock outstanding as of October 26, 2021, as set forth in the Issuer’s Quarterly Report on Form 10-Q filed with the SEC on November 3, 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 1,188,405 shares of Common Stock they beneficially own. MVA Investors and Aaron I. Davis have shared power to vote or to direct the vote of the 73,186 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 dispose or to direct the disposition 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 1,188,405 shares of Common Stock they beneficially own. MVA Investors and Aaron I. Davis have shared power to dispose or to direct the disposition of the 73,186 shares of Common Stock they beneficially own.
Item 5. Ownership of Five Percent or Less of a Class.
With respect to each Reporting Person: