SC 13G/A 1 dsc13ga.htm SCHEDULE 13G AMENDMENT NO. 4 Schedule 13G Amendment No. 4

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 4)*

 

 

 

 

Medivation, Inc.

(Name of Issuer)

 

 

Common Stock, $0.01 par value per share

(Title of Class of Securities)

 

 

58501N101

(CUSIP Number)

 

 

January 23, 2008

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

 

 

*   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 the disclosures provided in a prior cover page.

The information required in 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).

 

Page 1 of 10


CUSIP No. 58501N101

 

  1.  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

            QVT Financial LP

            11-3694008

   
  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨

(b)  x

   
  3.  

SEC Use Only

 

   
  4.  

Citizenship or Place of Organization

 

            Delaware

   

 

Number of  

Shares  

Beneficially  

Owned by  

Each  

Reporting  

Person  

With:  

 

 

  5.    Sole Voting Power

 

            0

 

  6.    Shared Voting Power

 

            3,415,494

 

  7.    Sole Dispositive Power

 

            0

 

  8.    Shared Dispositive Power

 

            3,415,494

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            3,415,494

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

 

 

¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

            11.85%

   
12.  

Type of Reporting Person (See Instructions)

 

            PN

   

 

Page 2 of 10


CUSIP No. 58501N101

 

  1.  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

            QVT Financial GP LLC

            11-3694007

   
  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨

(b)  x

   
  3.  

SEC Use Only

 

   
  4.  

Citizenship or Place of Organization

 

            Delaware

   

 

Number of  

Shares  

Beneficially  

Owned by  

Each  

Reporting  

Person  

With:  

 

 

  5.    Sole Voting Power

 

            0

 

  6.    Shared Voting Power

 

            3,415,494

 

  7.    Sole Dispositive Power

 

            0

 

  8.    Shared Dispositive Power

 

            3,415,494

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            3,415,494

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

 

 

¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

            11.85%

   
12.  

Type of Reporting Person (See Instructions)

 

            OO

   

 

Page 3 of 10


CUSIP No. 58501N101

 

  1.  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

            QVT Associates GP LLC

            01-0798253

   
  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨

(b)  x

   
  3.  

SEC Use Only

 

   
  4.  

Citizenship or Place of Organization

 

            Delaware

   

 

Number of  

Shares  

Beneficially  

Owned by  

Each  

Reporting  

Person  

With:  

 

 

  5.    Sole Voting Power

 

            0

 

  6.    Shared Voting Power

 

            1,571,288

 

  7.    Sole Dispositive Power

 

            0

 

  8.    Shared Dispositive Power

 

            1,571,288

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            1,571,288

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

 

 

¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

            5.45%

   
12.  

Type of Reporting Person (See Instructions)

 

            OO

   

 

Page 4 of 10


CUSIP No. 58501N101

 

  1.  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

            QVT Overseas Ltd.

            98-0507341

   
  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨

(b)  x

   
  3.  

SEC Use Only

 

   
  4.  

Citizenship or Place of Organization

 

            Cayman Islands

   

 

Number of  

Shares  

Beneficially  

Owned by  

Each  

Reporting  

Person  

With:  

 

 

  5.    Sole Voting Power

 

            0

 

  6.    Shared Voting Power

 

            1,455,275

 

  7.    Sole Dispositive Power

 

            0

 

  8.    Shared Dispositive Power

 

            1,455,275

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            1,455,275

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

 

 

¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

            5.05%

   
12.  

Type of Reporting Person (See Instructions)

 

            CO

   

 

Page 5 of 10


Item 1  

(a).

   Name of Issuer      
     Medivation, Inc. (the “Issuer”)      
Item 1  

(b).

   Address of Issuer’s Principal Executive Offices      
     The address of the Issuer’s principal executive offices is:      
     201 Spear Street, 3rd Floor, San Francisco, California 94105, United States      
Item 2  

(a).

   Name of Person Filing      
          
Item 2  

(b).

   Address of Principal Business Office or, if none, Residence      
          
Item 2  

(c).

   Citizenship      
    

QVT Financial LP

1177 Avenue of the Americas, 9th Floor

New York, New York 10036

Delaware Limited Partnership

 

QVT Financial GP LLC

1177 Avenue of the Americas, 9th Floor

New York, New York 10036

Delaware Limited Liability Company

 

QVT Associates GP LLC

1177 Avenue of the Americas, 9th Floor

New York, New York 10036

Delaware Limited Liability Company

 

QVT Overseas Ltd.

Walkers SPV, Walkers House

Mary Street

George Town, Grand Cayman KY1-9002, Cayman Islands

Cayman Islands Company

     
Item 2  

(d).

   Title of Class of Securities      
     Common stock, $0.01 par value per share (the “Common Stock”).      
Item 2  

(e).

   CUSIP Number      
     The CUSIP number of the Common Stock is 58501N101.      
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).
  (b)    ¨    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
  (c)    ¨    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

Page 6 of 10


  (d)    ¨    Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
  (e)    ¨    An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
  (f)    ¨    An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
  (g)    ¨    A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
  (h)    ¨    A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
  (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);
  (j)    ¨    Group, in accordance with § 240.13d-1(b)(1)(ii)(J).
Item 4.    Ownership.      
   (a)    Amount beneficially owned:      
     

QVT Financial LP (“QVT Financial”) is the investment manager for QVT Overseas Ltd., which beneficially owns 1,455,275 shares of Common Stock. QVT Financial is also the investment manager for Quintessence Fund L.P., QVT Associates LP and QVT Global II L.P. (each, a “Fund” and collectively, the “Funds”). The Funds beneficially own an aggregate amount of 1,571,288 shares of Common Stock. In addition, QVT Financial is the investment manager for a separate discretionary account managed for Deutsche Bank AG (the “Separate Account”), which holds 388,931 shares of Common Stock. QVT Financial has the power to direct the vote and disposition of the Common Stock held by QVT Overseas Ltd., each of the Funds and the Separate Account. Accordingly, QVT Financial may be deemed to be the beneficial owner of an aggregate amount of 3,415,494 shares of Common Stock, consisting of the shares owned by QVT Overseas Ltd. and the Funds and the shares held in the Separate Account.

 

QVT Financial GP LLC, as General Partner of QVT Financial, may be deemed to beneficially own the same number of shares of Common Stock reported by QVT Financial. QVT Associates GP LLC, as General Partner of each of the Funds, may be deemed to beneficially own the same number of shares of Common Stock reported by the Funds, and accordingly, QVT Associates GP LLC may be deemed to be the beneficial owner of an aggregate amount of 1,571,288 shares of Common Stock.

 

QVT Overseas Ltd. acquired beneficial ownership of more than 5% of the class of equity securities as of January 23, 2008. The reported share amounts reflect amounts beneficially owned by the reporting persons as of such date.

 

Each of QVT Financial and QVT Financial GP LLC disclaim beneficial ownership of the shares of Common Stock owned by QVT Overseas Ltd., each of the Funds and the Separate Account. QVT Associates GP LLC disclaims beneficial ownership of all shares of Common Stock owned by each of the Funds, except to the extent of its pecuniary interest therein.

 

The percentage disclosed in Item 11 of the Cover Pages for each reporting person is calculated based upon 28,828,290 shares of Common Stock outstanding, which is the total number of shares issued and outstanding as reported in the Issuer’s Quarterly Report on Form

     

 

Page 7 of 10


      10-QSB for the quarter ending September 30, 2007 and filed with the Securities and Exchange Commission on November 14, 2007.
   (b)    Percent of class:      
      See Item 11 of the Cover Pages to this Schedule 13G.      
   (c)    Number of shares as to which the person has:      
      (i)    Sole power to vote or to direct the vote      
         0      
      (ii)    Shared power to vote or to direct the vote      
         See item (a) above.      
      (iii)    Sole power to dispose or to direct the disposition of      
         0      
      (iv)    Shared power to dispose or to direct the disposition of      
         See item (a) above.      
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 a beneficial owner of more than five 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
Not Applicable   
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.

 

Page 8 of 10


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: January 24, 2008

 

QVT FINANCIAL LP

   
By QVT Financial GP LLC,     QVT ASSOCIATES GP LLC
its General Partner      
By:  

/s/ Daniel Gold

    By:  

/s/ Daniel Gold

Name:   Daniel Gold     Name:   Daniel Gold
Title:   Managing Member     Title:   Managing Member
By:  

/s/ Lars Bader

    By:  

/s/ Lars Bader

Name:   Lars Bader     Name:   Lars Bader
Title:   Managing Member     Title:   Managing Member
QVT FINANCIAL GP LLC     QVT OVERSEAS LTD.
By:  

/s/ Daniel Gold

    By:  

/s/ Daniel Gold

Name:   Daniel Gold     Name:   Daniel Gold
Title:   Managing Member     Title:   Director
By:  

/s/ Lars Bader

     
Name:   Lars Bader      
Title:   Managing Member      

 

Page 9 of 10


EXHIBIT A

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13G signed by each of the undersigned shall be filed on behalf of each of the undersigned pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

 

Dated: January 24, 2008  
QVT FINANCIAL LP      
By QVT Financial GP LLC,     QVT ASSOCIATES GP LLC
its General Partner    
By:  

/s/ Daniel Gold

    By:  

/s/ Daniel Gold

Name:   Daniel Gold     Name:   Daniel Gold
Title:   Managing Member     Title:   Managing Member
By:  

/s/ Lars Bader

    By:  

/s/ Lars Bader

Name:   Lars Bader     Name:   Lars Bader
Title:   Managing Member     Title:   Managing Member
QVT FINANCIAL GP LLC     QVT OVERSEAS LTD.
By:  

/s/ Daniel Gold

    By:  

/s/ Daniel Gold

Name:   Daniel Gold     Name:   Daniel Gold
Title:   Managing Member     Title:   Director
By:  

/s/ Lars Bader

     
Name:   Lars Bader      
Title:   Managing Member      

 

Page 10 of 10