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