SC 13G/A 1 d778503dsc13ga.htm SC 13G/A SC 13G/A

 

 

United States

Securities and Exchange Commission

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)*

 

 

Atea Pharmaceuticals, Inc.

(Name of Issuer)

Common Stock, par value $0.001

(Title of Class of Securities)

04683R106

(CUSIP Number)

December 31, 2023

(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)

☐ 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).

 

 

 

 


CUSIP No. 04683R106    Schedule 13G    Page 1 of 7

 

 1   

 Names of Reporting Persons

 

 JPM Partners LLC

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 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

 

 5,925,000

   7   

 Sole Dispositive Power

 

 0

   8   

 Shared Dispositive Power

 

 5,925,000

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 5,925,000

10  

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

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 7.1%

12  

 Type of Reporting Person

 

 OO (Limited Liability Company)


CUSIP No. 04683R106    Schedule 13G    Page 2 of 7

 

 1   

 Names of Reporting Persons

 

 Jean-Pierre Sommadossi

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 United States

Number of

Shares  Beneficially 

Owned by

Each

Reporting

Person

With

   5    

 Sole Voting Power

 

 2,237,914

   6   

 Shared Voting Power

 

 5,925,000

   7   

 Sole Dispositive Power

 

 2,237,914

   8   

 Shared Dispositive Power

 

 5,925,000

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 8,162,914

10  

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

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 9.6%

12  

 Type of Reporting Person

 

 IN


CUSIP No. 04683R106    Schedule 13G    Page 3 of 7

 

ITEM 1. (a)

Name of Issuer:

Atea Pharmaceuticals, Inc. (the “Issuer”).

 

  (b)

Address of Issuer’s Principal Executive Offices:

225 Franklin Street, Suite 2100, Boston, MA 02110.

 

ITEM 2. (a)

Name of Person Filing:

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

JPM Partners LLC; and

Jean-Pierre Sommadossi

 

  (b)

Address or Principal Business Office:

The business address of JPM Partners LLC is 2 Avery Street #21E, Boston, MA 02111. The business address of Dr. Sommadossi is c/o Atea Pharmaceuticals, Inc., 225 Franklin Street, Suite 2100, Boston, MA 02110.

 

  (c)

Citizenship:

JPM Partners LLC is a Delaware limited liability company. Dr. Sommadossi is a citizen of the United States.

 

  (d)

Title of Class of Securities:

Common stock, par value $0.001 per share (“Common Stock”).

 

  (e)

CUSIP Number:

04683R106

 

ITEM 3.

Not applicable.


CUSIP No. 04683R106    Schedule 13G    Page 4 of 7

 

ITEM 4.

Ownership.

The ownership information below represents beneficial ownership of shares of Common Stock as of the date hereof, based upon 83,435,513 shares of Common Stock outstanding as of November 7, 2023, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 8, 2023.

(a-c)

 

Reporting Person   

Amount

beneficially

owned

    

Percent

of class:

   

Sole

power
to vote

or to

direct

the vote:

     Shared
power to
vote or to
direct the
vote:
    

Sole

power to
dispose or
to direct
the
disposition

of:

    

Shared

power to

dispose or

to direct

the

disposition

of:

 

JPM Partners LLC

     5,925,000        7.1     0        5,925,000        0        5,925,000  

Jean-Pierre Sommadossi

     8,162,914        9.6     2,237,914        5,925,000        2,237,914        5,925,000  

JPM Partners LLC is the record holder of 5,925,000 shares of Common Stock. Dr. Sommadossi is the manager of JPM Partners LLC and may be deemed to share beneficial ownership of the securities held by JPM Partner LLC. In addition, Dr. Sommadossi beneficially owns 2,237,914 shares of Common Stock, which includes 2,121,357 shares of Common Stock subject to stock options that are currently exercisable or will become exercisable within 60 days of the date hereof.

 

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.

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.


CUSIP No. 04683R106    Schedule 13G    Page 5 of 7

 

ITEM 10.

Certification.

Not applicable.


CUSIP No. 04683R106    Schedule 13G    Page 6 of 7

 

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.

Date: February 13, 2024

 

JPM Partners LLC
By:  

/s/ Jean-Pierre Sommadossi

Name: Jean-Pierre Sommadossi
Title: Manager
Jean-Pierre Sommadossi

/s/ Jean-Pierre Sommadossi


CUSIP No. 04683R106    Schedule 13G    Page 7 of 7

 

LIST OF EXHIBITS

 

Exhibit No.

  

Description

99    Joint Filing Agreement (previously filed).