0000950170-24-066139.txt : 20240529
0000950170-24-066139.hdr.sgml : 20240529
20240529185848
ACCESSION NUMBER: 0000950170-24-066139
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240524
FILED AS OF DATE: 20240529
DATE AS OF CHANGE: 20240529
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Madryn Asset Management, LP
CENTRAL INDEX KEY: 0001787423
ORGANIZATION NAME:
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38238
FILM NUMBER: 241000264
BUSINESS ADDRESS:
STREET 1: 330 MADISON AVENUE
STREET 2: 33RD FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 6465605493
MAIL ADDRESS:
STREET 1: 330 MADISON AVENUE
STREET 2: 33RD FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Madryn Health Partners, LP
CENTRAL INDEX KEY: 0001650490
ORGANIZATION NAME:
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38238
FILM NUMBER: 241000263
BUSINESS ADDRESS:
STREET 1: C/O MADRYN ASSET MANAGEMENT, LP
STREET 2: 140 E 45TH STREET, 15TH FLOOR, SUITE B
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 212-474-8800
MAIL ADDRESS:
STREET 1: C/O MADRYN ASSET MANAGEMENT, LP
STREET 2: 140 E 45TH STREET, 15TH FLOOR, SUITE B
CITY: NEW YORK
STATE: NY
ZIP: 10017
FORMER NAME:
FORMER CONFORMED NAME: Visium Healthcare Partners, LP
DATE OF NAME CHANGE: 20150810
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Madryn Health Partners (Cayman Master), LP
CENTRAL INDEX KEY: 0001836788
ORGANIZATION NAME:
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38238
FILM NUMBER: 241000262
BUSINESS ADDRESS:
STREET 1: 140 E 45TH STREET
STREET 2: 15TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 6465605493
MAIL ADDRESS:
STREET 1: 140 E 45TH STREET
STREET 2: 15TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Madryn Health Advisors, LP
CENTRAL INDEX KEY: 0001836559
ORGANIZATION NAME:
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38238
FILM NUMBER: 241000261
BUSINESS ADDRESS:
STREET 1: 140 E 45TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 6465605493
MAIL ADDRESS:
STREET 1: 140 E 45TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10017
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Venus Concept Inc.
CENTRAL INDEX KEY: 0001409269
STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
ORGANIZATION NAME: 08 Industrial Applications and Services
IRS NUMBER: 061681204
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 235 YORKLAND BLVD.
STREET 2: SUITE 900
CITY: TORONTO
STATE: A6
ZIP: M2J 4Y8
BUSINESS PHONE: 877-848-8430 X117
MAIL ADDRESS:
STREET 1: 235 YORKLAND BLVD.
STREET 2: SUITE 900
CITY: TORONTO
STATE: A6
ZIP: M2J 4Y8
FORMER COMPANY:
FORMER CONFORMED NAME: Restoration Robotics, Inc.
DATE OF NAME CHANGE: 20171121
FORMER COMPANY:
FORMER CONFORMED NAME: Restoration Robotics Inc
DATE OF NAME CHANGE: 20070808
4
1
ownership.xml
4
X0508
4
2024-05-24
0001409269
Venus Concept Inc.
VERO
0001787423
Madryn Asset Management, LP
330 MADISON AVENUE - FLOOR 33
NEW YORK
NY
10017
false
false
true
false
0001650490
Madryn Health Partners, LP
330 MADISON AVENUE - FLOOR 33
NEW YORK
NY
10017
false
false
true
false
0001836788
Madryn Health Partners (Cayman Master), LP
330 MADISON AVENUE - FLOOR 33
NEW YORK
NY
10017
false
false
true
false
0001836559
Madryn Health Advisors, LP
330 MADISON AVENUE - FLOOR 33
NEW YORK
NY
10017
false
false
true
false
false
Series Y Convertible Preferred Stock
2024-05-24
4
P
false
576986
A
2024-05-24
Common Stock
57698600
576986
I
See footnotes
Each share of the Company's Series Y Convertible Preferred Stock (the "Series Y Preferred Stock") is convertible into one hundred (100) shares of Common Stock at any time at the option of the holder or automatically upon certain conditions, including the completion by the Company of a $30.0 million common equity raise.
The Series Y Preferred Stock is perpetual and therefore has no expiration date.
The reported transaction involved an exchange of $35,000,000 of existing senior secured indebtedness for 576,986 shares of newly-created convertible preferred stock of the Company, designated as "Series Y Convertible Preferred Stock".
Represents securities held directly by Madryn Health Partners, LP ("Health Partners LP") and Madryn Health Partners (Cayman Master), LP ("Cayman Master LP" and together with Health Partners LP, the "Funds"). Madryn Asset Management, LP, as investment advisor for each of the Funds, and Madryn Health Advisors, LP, as general partner of each of the Funds, may be deemed to be beneficial owners of the shares held directly by the Funds.
Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.
/s/ Madryn Asset Management, LP, by John Ricciardi, Authorized Signatory
2024-05-29
/s/ Madryn Health Partners, LP, by John Ricciardi, Authorized Signatory
2024-05-29
/s/ Madryn Health Partners (Cayman Master), LP, by John Ricciardi, Authorized Signatory
2024-05-29
/s/ Madryn Health Advisors, LP, by John Ricciardi, Authorized Signatory
2024-05-29