0000919574-20-004739.txt : 20200730
0000919574-20-004739.hdr.sgml : 20200730
20200730200447
ACCESSION NUMBER: 0000919574-20-004739
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200728
FILED AS OF DATE: 20200730
DATE AS OF CHANGE: 20200730
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ARMISTICE CAPITAL, LLC
CENTRAL INDEX KEY: 0001601086
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35837
FILM NUMBER: 201062711
BUSINESS ADDRESS:
STREET 1: 510 MADISON AVENUE, 7TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: (212) 231-4932
MAIL ADDRESS:
STREET 1: 510 MADISON AVENUE, 7TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Armistice Capital Master Fund Ltd.
CENTRAL INDEX KEY: 0001633584
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35837
FILM NUMBER: 201062712
BUSINESS ADDRESS:
STREET 1: C/O ARMISTICE CAPITAL, LLC
STREET 2: 510 MADISON AVENUE, 7TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212-231-4932
MAIL ADDRESS:
STREET 1: C/O ARMISTICE CAPITAL, LLC
STREET 2: 510 MADISON AVENUE, 7TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Boyd Steven
CENTRAL INDEX KEY: 0001706140
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35837
FILM NUMBER: 201062713
MAIL ADDRESS:
STREET 1: 510 MADISON AVENUE, 7TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TETRAPHASE PHARMACEUTICALS INC
CENTRAL INDEX KEY: 0001373707
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 480 ARSENAL WAY
CITY: WATERTOWN
STATE: MA
ZIP: 02472
BUSINESS PHONE: 617.715.3600
MAIL ADDRESS:
STREET 1: 480 ARSENAL WAY
CITY: WATERTOWN
STATE: MA
ZIP: 02472
4
1
ownership.xml
X0306
4
2020-07-28
1
0001373707
TETRAPHASE PHARMACEUTICALS INC
TTPH
0001601086
ARMISTICE CAPITAL, LLC
510 MADISON AVENUE, 7TH FLOOR
NEW YORK
NY
10022
1
0
1
0
0001633584
Armistice Capital Master Fund Ltd.
C/O DMS CORPORATE SERVICES LTD.
20 GENESIS CLOSE, P.O. BOX 314
GRAND CAYMAN
E9
KY1-1104
CAYMAN ISLANDS
1
0
1
0
0001706140
Boyd Steven
C/O ARMISTICE CAPITAL, LLC
510 MADISON AVENUE, 7TH FLOOR
NEW YORK
NY
10022
1
0
1
0
Common Stock
2020-07-28
4
J
0
1419507
D
0
D
Common Stock
2020-07-28
4
J
0
0
0
D
0
I
See Footnote 2
Pre-Funded Warrants
0.01
2020-07-28
4
J
0
1430493
D
2019-11-01
Common Stock
1430493
0
D
Pre-Funded Warrants
0.01
2020-07-28
4
J
0
0
0
D
2019-11-01
Common Stock
0
0
I
See Footnote 2
Pre-Funded Warrants
0.001
2020-07-28
4
J
0
2063334
D
2020-01-24
Common Stock
2063334
0
D
Pre-Funded Warrants
0.001
2020-07-28
4
J
0
0
0
D
2020-01-24
Common Stock
0
0
I
See Footnote 2
Warrants
3.62
2020-07-28
4
J
0
2130493
D
2019-11-01
2024-11-01
Common Stock
2130493
0
D
Warrants
3.62
2020-07-28
4
J
0
0
0
D
2019-11-01
2024-11-01
Common Stock
0
0
I
See Footnote 2
Warrants
2.87
2020-07-28
4
J
0
3333334
D
2020-01-24
2025-01-24
Common Stock
3333334
0
D
Warrants
2.87
2020-07-28
4
J
0
0
0
D
2020-01-24
2025-01-24
Common Stock
0
0
I
See Footnote 2
These shares of the Issuer's common stock, $0.001 par value (collectively, the "Shares"), were disposed of pursuant to a merger between the Issuer and La Jolla Pharmaceutical Company ("La Jolla") that became effective on July 28, 2020 (the "Merger"). As the holder of 1,419,507 Shares on the effective date of the Merger, Armistice Capital Master Fund Ltd., a Cayman Islands exempted company (the "Master Fund"), received pursuant to the Merger: (i) an upfront cash payment in an amount equal to $2.00 per Share (i.e., $2,839,014); and (ii) 1,419,507 contingent value rights entitled to receive future cash payments from La Jolla if U.S. net sales of XERAVA(TM) achieve certain specified benchmarks ("CVRs").
The reported securities were directly owned by the Master Fund. The reported securities may have been deemed to be indirectly beneficially owned by Armistice Capital, LLC ("Armistice Capital"), as the investment manager of the Master Fund. The reported securities may also have been deemed to be indirectly beneficially owned by Steven Boyd, as Managing Member of Armistice Capital. Armistice Capital and Steven Boyd disclaim beneficial ownership of the disposed securities except to the extent of their respective former pecuniary interests therein, and this report shall not be deemed an admission that either of them were the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
These pre-funded warrants of the Issuer (collectively, the "November Pre-Funded Warrants") were disposed of pursuant to the Merger. As the holder of 1,430,493 November Pre-Funded Warrants on the effective date of the Merger, the Master Fund received pursuant to the Merger: (i) an upfront cash payment in an amount equal to $1.99 per underlying Share (i.e., $2,846,681.07); and (ii) 1,423,341 CVRs.
These pre-funded warrants of the Issuer (collectively, the "January Pre-Funded Warrants") were disposed of pursuant to the Merger. As the holder of 2,063,334 January Pre-Funded Warrants on the effective date of the Merger, the Master Fund received pursuant to the Merger: (i) an upfront cash payment in an amount equal to $1.999 per underlying Share (i.e., $4,124,604.67); and (ii) 2,062,302 CVRs.
These warrants of the Issuer (collectively, the "November Warrants") were disposed of pursuant to the Merger. As the holder of 2,130,493 November Warrants on the effective date of the Merger, the Master Fund received pursuant to the Merger an upfront cash payment in an amount equal to $2.68 per underlying Share (i.e., $5,709,721.24).
These warrants of the Issuer (collectively, the "January Warrants") were disposed of pursuant to the Merger. As the holder of 3,333,334 January Warrants on the effective date of the Merger, the Master Fund received pursuant to the Merger an upfront cash payment in an amount equal to $2.69 per underlying Share (i.e., $8,966,668.46).
These warrants do not expire.
Armistice Capital, LLC By: /s/ Steven Boyd, Managing Member
2020-07-30
Armistice Capital Master Fund Ltd. By: /s/ Steven Boyd, Director
2020-07-30
/s/ Steven Boyd
2020-07-30