0000905148-24-001667.txt : 20240603 0000905148-24-001667.hdr.sgml : 20240603 20240603175539 ACCESSION NUMBER: 0000905148-24-001667 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240530 FILED AS OF DATE: 20240603 DATE AS OF CHANGE: 20240603 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: VIKING GLOBAL INVESTORS LP CENTRAL INDEX KEY: 0001103804 ORGANIZATION NAME: STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39452 FILM NUMBER: 241015303 BUSINESS ADDRESS: STREET 1: 600 WASHINGTON BLVD. STREET 2: FLOOR 11 CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 212-672-7050 MAIL ADDRESS: STREET 1: 600 WASHINGTON BLVD. STREET 2: FLOOR 11 CITY: STAMFORD STATE: CT ZIP: 06901 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HALVORSEN OLE ANDREAS CENTRAL INDEX KEY: 0001133006 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39452 FILM NUMBER: 241015298 MAIL ADDRESS: STREET 1: 600 WASHINGTON BLVD. STREET 2: FLOOR 11 CITY: STAMFORD STATE: CT ZIP: 06901 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ott David C. CENTRAL INDEX KEY: 0001621842 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39452 FILM NUMBER: 241015297 MAIL ADDRESS: STREET 1: 600 WASHINGTON BLVD. STREET 2: FLOOR 11 CITY: STAMFORD STATE: CT ZIP: 06901 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Viking Global Opportunities Portfolio GP LLC CENTRAL INDEX KEY: 0001629472 ORGANIZATION NAME: STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39452 FILM NUMBER: 241015300 BUSINESS ADDRESS: STREET 1: 600 WASHINGTON BLVD. STREET 2: FLOOR 11 CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 2126727000 MAIL ADDRESS: STREET 1: 600 WASHINGTON BLVD. STREET 2: FLOOR 11 CITY: STAMFORD STATE: CT ZIP: 06901 FORMER NAME: FORMER CONFORMED NAME: VGO Portfolio GP LLC DATE OF NAME CHANGE: 20141230 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Viking Global Opportunities Parent GP LLC CENTRAL INDEX KEY: 0001886738 ORGANIZATION NAME: STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39452 FILM NUMBER: 241015302 BUSINESS ADDRESS: STREET 1: 600 WASHINGTON BLVD. STREET 2: FLOOR 11 CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 2126727000 MAIL ADDRESS: STREET 1: 600 WASHINGTON BLVD. STREET 2: FLOOR 11 CITY: STAMFORD STATE: CT ZIP: 06901 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Viking Global Opportunities Illiquid Investments Sub-Master LP CENTRAL INDEX KEY: 0001629482 ORGANIZATION NAME: STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39452 FILM NUMBER: 241015299 BUSINESS ADDRESS: STREET 1: 600 WASHINGTON BLVD. STREET 2: FLOOR 11 CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 2126727000 MAIL ADDRESS: STREET 1: 600 WASHINGTON BLVD. STREET 2: FLOOR 11 CITY: STAMFORD STATE: CT ZIP: 06901 FORMER NAME: FORMER CONFORMED NAME: VGO Illiquid Investments Sub-Master LP DATE OF NAME CHANGE: 20141230 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Shabet Rose Sharon CENTRAL INDEX KEY: 0001711393 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39452 FILM NUMBER: 241015296 MAIL ADDRESS: STREET 1: 600 WASHINGTON BLVD. STREET 2: FLOOR 11 CITY: STAMFORD STATE: CT ZIP: 06901 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Viking Global Opportunities GP LLC CENTRAL INDEX KEY: 0001629476 ORGANIZATION NAME: STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39452 FILM NUMBER: 241015301 BUSINESS ADDRESS: STREET 1: 55 RAILROAD AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-863-5000 MAIL ADDRESS: STREET 1: 55 RAILROAD AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Inhibrx, Inc. CENTRAL INDEX KEY: 0001739614 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 824257312 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11025 N. TORREY PINES ROAD, SUITE 200 CITY: LA JOLLA STATE: CA ZIP: 92037 BUSINESS PHONE: (858) 795-4220 MAIL ADDRESS: STREET 1: 11025 N. TORREY PINES ROAD, SUITE 200 CITY: LA JOLLA STATE: CA ZIP: 92037 4 1 form4.xml X0508 4 2024-05-30 true 0001739614 Inhibrx, Inc. INBX 0001103804 VIKING GLOBAL INVESTORS LP 600 WASHINGTON BLVD. FLOOR 11 STAMFORD CT 06901 true 0001886738 Viking Global Opportunities Parent GP LLC 600 WASHINGTON BLVD. FLOOR 11 STAMFORD CT 06901 true 0001629476 Viking Global Opportunities GP LLC 600 WASHINGTON BLVD. FLOOR 11 STAMFORD CT 06901 true 0001629472 Viking Global Opportunities Portfolio GP LLC 600 WASHINGTON BLVD. FLOOR 11 STAMFORD CT 06901 true 0001629482 Viking Global Opportunities Illiquid Investments Sub-Master LP 600 WASHINGTON BLVD. FLOOR 11 STAMFORD CT 06901 true 0001133006 HALVORSEN OLE ANDREAS 600 WASHINGTON BLVD. FLOOR 11 STAMFORD CT 06901 true 0001621842 Ott David C. 600 WASHINGTON BLVD. FLOOR 11 STAMFORD CT 06901 true 0001711393 Shabet Rose Sharon 600 WASHINGTON BLVD. FLOOR 11 STAMFORD CT 06901 true false Common Stock 2024-05-30 4 J 0 6305866 30 D 0 I See Explanation of Responses Common Stock 2024-05-30 4 J 0 333333 30 D 0 I See Explanation of Responses Common Stock 2024-05-30 4 J 0 511627 30 D 0 I See Explanation of Responses Warrants (right to buy) 0.0001 2024-05-30 4 J 0 1038765 30 D Common Stock 1038765 0 I See Explanation of Responses Under the Agreement and Plan of Merger, dated January 22, 2024 (the "Merger Agreement"), by and among Inhibrx, Inc. (the "Issuer"), Aventis Inc., a Pennsylvania corporation ("Parent") and wholly owned subsidiary of Sanofi, and Art Acquisition Sub, Inc., a Delaware corporation ("Merger Sub") and wholly owned subsidiary of Parent, following satisfaction or waiver of the closing conditions set forth in the Merger Agreement, on May 30, 2024, Merger Sub merged with and into the Issuer with the Issuer surviving as the surviving company (the "Merger"). In the Merger, each of these shares of Common Stock was automatically cancelled, extinguished and converted into the right to receive (i) an amount in cash equal to $30.00, without interest thereon (the "Closing Amount"), plus (ii) one (1) contractual contingent value right ("CVR") representing the right to receive a contingent payment of $5.00, without interest thereon, in cash (the "Milestone Payment"), upon the achievement of certain regulatory milestones ("Milestone") set forth in the Contingent Value Rights Agreement between Parent and Continental Stock Transfer & Trust Company ((i) and (ii) collectively, the "Merger Consideration"). Andreas Halvorsen, David C. Ott and Rose S. Shabet are Executive Committee members of certain management entities, including Viking Global Partners LLC, the general partner of Viking Global Investors LP ("VGI"), and Viking Global Opportunities Parent GP LLC ("Opportunities Parent"), the sole member of Viking Global Opportunities GP LLC ("Opportunities GP"), the sole member of Viking Global Opportunities Portfolio GP LLC ("Opportunities Portfolio GP"), the general partner of Viking Global Opportunities Illiquid Investments Sub-Master LP ("Opportunities Fund"). Opportunities Parent is also the sole member of Viking Global Opportunities Drawdown GP LLC ("VGOD GP"), the sole member of Viking Global Opportunities Drawdown Portfolio GP LLC ("VGOD Portfolio GP"), the general partner of Viking Global Opportunities Drawdown (Aggregator) LP ("VGOD"). VGI provides managerial services to various investment funds and vehicles, including Opportunities Fund, VGOD, and KAVRA 104 LLC ("KAVRA 104"). VGI, Opportunities Parent, Opportunities GP, Opportunities Portfolio GP, Opportunities Fund, Mr. Halvorsen, Mr. Ott and Ms. Shabet are, collectively, the "Reporting Persons." Each of VGI, Mr. Halvorsen, Mr. Ott and Ms. Shabet may be deemed to beneficially own all of the securities reported on this form. Reported amount has been adjusted to reflect the transfer of 3,878,559 shares of Common Stock held directly by DRAGSA 50 LLC to Opportunities Fund, which transfer was exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16a-13 under the Exchange Act. These securities were held directly by Opportunities Fund. Because of the relationship between Opportunities Portfolio GP, Opportunities GP, Opportunities Parent and Opportunities Fund, each of Opportunities Portfolio GP, Opportunities GP and Opportunities Parent may be deemed to beneficially own the securities held directly by Opportunities Fund. These shares of Common Stock were held directly by KAVRA 104. The membership interests of KAVRA 104 are held by Viking Global Opportunities LP and Viking Global Opportunities Intermediate LP. Opportunities GP is the general partner of Viking Global Opportunities LP and Viking Global Opportunities Intermediate LP. Because of the relationship between Opportunities GP, Opportunities Parent and KAVRA 104, each of Opportunities GP and Opportunities Parent may be deemed to beneficially own the shares of Common Stock held directly by KAVRA 104. These shares of Common Stock were held directly by VGOD. Because of the relationship between Opportunities Parent and VGOD, Opportunities Parent may be deemed to beneficially own the shares of Common Stock held directly by VGOD. The Reporting Persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Exchange Act, or for any other purpose. These warrants were exercisable immediately prior to the Merger, subject to a beneficial ownership limitation (the "Beneficial Ownership Limitation") that prevented the holder from exercising the warrants to the extent that, after giving effect to the issuance of the shares of Common Stock upon exercise of warrants held by the holder, the holder would beneficially own in excess of 9.99% of the shares of Common Stock outstanding. These warrants had no expiration date. In the Merger, these warrants were automatically cancelled and converted into the right to receive the Merger Consideration to which the holder of these warrants would be entitled as a result of the Merger if it held the number of shares of Common Stock for which such warrants were exercisable immediately prior to the Merger, assuming full exercise of such warrants on a cashless basis without regard to the Beneficial Ownership Limitation. (13) The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. (14) Scott M. Hendler is signing on behalf of Mr. Halvorsen, Mr. Ott and Ms. Shabet, each individually and as an Executive Committee Member of VIKING GLOBAL PARTNERS LLC, on behalf of VIKING GLOBAL INVESTORS LP, and as an Executive Committee Member of VIKING GLOBAL OPPORTUNITIES PARENT GP LLC, on behalf of itself and VIKING GLOBAL OPPORTUNITIES GP LLC, VIKING GLOBAL OPPORTUNITIES PORTFOLIO GP LLC and VIKING GLOBAL OPPORTUNITIES ILLIQUID INVESTMENTS SUB-MASTER LP, pursuant to authorization and designation letters dated February 9, 2021, which were filed with the Securities and Exchange Commission on June 7, 2021. /s/ Scott M. Hendler signing on behalf of O. Andreas Halvorsen (13)(14) 2024-06-03 /s/ Scott M. Hendler signing on behalf of David C. Ott (13)(14) 2024-06-03 /s/ Scott M. Hendler signing on behalf of Rose S. Shabet (13)(14) 2024-06-03