0001209191-19-041245.txt : 20190703
0001209191-19-041245.hdr.sgml : 20190703
20190703174616
ACCESSION NUMBER: 0001209191-19-041245
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190628
FILED AS OF DATE: 20190703
DATE AS OF CHANGE: 20190703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Capital Royalty L.P.
CENTRAL INDEX KEY: 0001702352
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36295
FILM NUMBER: 19942745
BUSINESS ADDRESS:
STREET 1: 1000 MAIN STREET, SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 713-209-7350
MAIL ADDRESS:
STREET 1: 1000 MAIN STREET, SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Iroko Pharmaceuticals Inc.
CENTRAL INDEX KEY: 0001566717
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
STATE OF INCORPORATION: D8
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36295
FILM NUMBER: 19942746
BUSINESS ADDRESS:
STREET 1: GENEVA PLACE, WATERFRONT DRIVE
STREET 2: P.O. BOX 3469
CITY: ROAD TOWN
STATE: D8
ZIP: VG1110
BUSINESS PHONE: 267-546-3003
MAIL ADDRESS:
STREET 1: GENEVA PLACE, WATERFRONT DRIVE
STREET 2: P.O. BOX 3469
CITY: ROAD TOWN
STATE: D8
ZIP: VG1110
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Iroko Properties Inc.
CENTRAL INDEX KEY: 0001767554
STATE OF INCORPORATION: D8
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36295
FILM NUMBER: 19942747
BUSINESS ADDRESS:
STREET 1: 150 ROUSE BLVD.
CITY: PHILADELPHIA
STATE: PA
ZIP: 19112
BUSINESS PHONE: 267-546-3063
MAIL ADDRESS:
STREET 1: 150 ROUSE BLVD.
CITY: PHILADELPHIA
STATE: PA
ZIP: 19112
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CRG Partners III (Cayman) Lev AIV I L.P.
CENTRAL INDEX KEY: 0001767509
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36295
FILM NUMBER: 19942748
BUSINESS ADDRESS:
STREET 1: 1000 MAIN STREET
STREET 2: SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 7132097350
MAIL ADDRESS:
STREET 1: 1000 MAIN STREET
STREET 2: SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CRG Partners III (Cayman) Unlev AIV I L.P.
CENTRAL INDEX KEY: 0001767510
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36295
FILM NUMBER: 19942749
BUSINESS ADDRESS:
STREET 1: 1000 MAIN STREET
STREET 2: SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 7132097350
MAIL ADDRESS:
STREET 1: 1000 MAIN STREET
STREET 2: SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CRG Partners III L.P.
CENTRAL INDEX KEY: 0001637591
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36295
FILM NUMBER: 19942750
BUSINESS ADDRESS:
STREET 1: 1000 MAIN STREET, SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 713-209-7350
MAIL ADDRESS:
STREET 1: 1000 MAIN STREET, SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Loan Security Holdings I LLC
CENTRAL INDEX KEY: 0001781518
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36295
FILM NUMBER: 19942751
BUSINESS ADDRESS:
STREET 1: 1000 MAIN ST.
STREET 2: SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 713-209-7350
MAIL ADDRESS:
STREET 1: 1000 MAIN ST.
STREET 2: SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CRG Partners III - Parallel Fund B (Cayman) L.P.
CENTRAL INDEX KEY: 0001767508
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36295
FILM NUMBER: 19942752
BUSINESS ADDRESS:
STREET 1: 1000 MAIN STREET
STREET 2: SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 7132097350
MAIL ADDRESS:
STREET 1: 1000 MAIN STREET
STREET 2: SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CRG Partners III - Parallel Fund (A) L.P.
CENTRAL INDEX KEY: 0001651357
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36295
FILM NUMBER: 19942753
BUSINESS ADDRESS:
STREET 1: C/O CAPITAL ROYALTY L.P.
STREET 2: 1000 MAIN STREET, SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 713-209-7350
MAIL ADDRESS:
STREET 1: C/O CAPITAL ROYALTY L.P.
STREET 2: 1000 MAIN STREET, SUITE 2500
CITY: HOUSTON
STATE: TX
ZIP: 77002
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Zyla Life Sciences
CENTRAL INDEX KEY: 0001586105
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 463575334
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 600 LEE ROAD
STREET 2: SUITE 100
CITY: WAYNE
STATE: PA
ZIP: 19087
BUSINESS PHONE: 610-833-4200
MAIL ADDRESS:
STREET 1: 600 LEE ROAD
STREET 2: SUITE 100
CITY: WAYNE
STATE: PA
ZIP: 19087
FORMER COMPANY:
FORMER CONFORMED NAME: Egalet Corp
DATE OF NAME CHANGE: 20130906
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-06-28
0
0001586105
Zyla Life Sciences
ZCOR
0001702352
Capital Royalty L.P.
1000 MAIN ST.
SUITE 2500
HOUSTON
TX
77002
0
0
1
0
0001566717
Iroko Pharmaceuticals Inc.
150 ROUSE BOULEVARD
PHILADELPHIA
PA
19112
0
0
1
0
0001767554
Iroko Properties Inc.
150 ROUSE BOULEVARD
PHILADELPHIA
PA
19112
0
0
1
0
0001767509
CRG Partners III (Cayman) Lev AIV I L.P.
1000 MAIN ST.
SUITE 2500
HOUSTON
TX
77002
0
0
1
0
0001767510
CRG Partners III (Cayman) Unlev AIV I L.P.
1000 MAIN ST.
SUITE 2500
HOUSTON
TX
77002
0
0
1
0
0001637591
CRG Partners III L.P.
1000 MAIN ST.
SUITE 2500
HOUSTON
TX
77002
0
0
1
0
0001781518
Loan Security Holdings I LLC
1000 MAIN ST.
SUITE 2500
HOUSTON
TX
77002
0
0
1
0
0001767508
CRG Partners III - Parallel Fund B (Cayman) L.P.
1000 MAIN ST.
SUITE 2500
HOUSTON
TX
77002
0
0
1
0
0001651357
CRG Partners III - Parallel Fund (A) L.P.
1000 MAIN ST.
SUITE 2500
HOUSTON
TX
77002
0
0
1
0
Common Stock
2019-06-28
4
J
0
4586874
D
0
I
By Iroko Properties Inc.
Common Stock
2019-06-28
4
J
0
4586874
A
4586874
I
By Loan Security Holdings I LLC
Warrants
0.0001
2019-06-28
4
J
0
2436459
D
Common Stock
2436459
0
I
By Iroko Properties Inc.
Warrants
0.0001
2019-06-28
4
J
0
2436459
A
Common Stock
2436459
2436459
I
By Loan Security Holdings I LLC
The shares of Common Stock (the "Shares") and the Warrants were acquired by Loan Security Holdings I LLC, a wholly owned LLC held by CRG Partners III - Parallel Fund "A" LP, CRG Partners III - Parallel Fund "B" (Cayman) L.P., CRG Partners III (Cayman) Lev AIV I L.P., CRG Partners III (Cayman) Unlev AIV I L.P., and CRG Partners III L.P. (collectively, the "CRG Entities"), as a result of foreclosure sale of certain assets of Iroko Pharmaceuticals Inc. and its subsidiaries on June 28, 2019. CRG Entities collectively hold all of the issued and outstanding shares of Loan Security Holdings I LLC. CR Group L.P. may be deemed to beneficially own the Shares and the Warrants by virtue of its position as the investment manager for the CRG Entities. This Form 4 is filed jointly by Iroko Pharmaceuticals Inc., Iroko Properties Inc., CR Group L.P. and each of the CRG Entities.This transaction is exempt under Rule 16a-13 as a change in form of beneficial ownership.
Pursuant to the terms of the Warrants, Loan Security Holdings I LLC has the right to acquire up to 2,436,459 additional shares of Common Stock, provided however that, for a period of eighteen (18) months following the date of the issuance of the Warrants, Loan Security Holdings I LLC's right to exercise the Warrants is restricted so that it does not hold more than 49% of the issued and outstanding shares of Common Stock of the Issuer. The Warrants do not have an expiration date.
/s/ Nathan D. Hukill, authorized signatory for CR Group L.P. and each of the CRG Entities
2019-07-03
/s/ Mark Murphy, authorized signatory for each of Iroko Pharmaceuticals Inc. and Iroko Properties Inc.
2019-07-03
/s/ Andrei Dorenbaum, authorized signatory for Loan Security Holdings I LLC
2019-07-03