0000950103-22-010424.txt : 20220610 0000950103-22-010424.hdr.sgml : 20220610 20220610212112 ACCESSION NUMBER: 0000950103-22-010424 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220608 FILED AS OF DATE: 20220610 DATE AS OF CHANGE: 20220610 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Farokhzad Omid CENTRAL INDEX KEY: 0001586852 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40440 FILM NUMBER: 221010542 MAIL ADDRESS: STREET 1: C/O SEER, INC. STREET 2: 3800 BRIDGE PARKWAY, SUITE 102 CITY: REDWOOD CITY STATE: CA ZIP: 94065 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Dynamics Special Purpose Corp. CENTRAL INDEX KEY: 0001854270 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 862437900 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2875 EL CAMINO REAL CITY: REDWOOD CITY STATE: CA ZIP: 94061 BUSINESS PHONE: (408) 212-0200 MAIL ADDRESS: STREET 1: 2875 EL CAMINO REAL CITY: REDWOOD CITY STATE: CA ZIP: 94061 4 1 dp175102_4-omid.xml FORM 4 X0306 4 2022-06-08 0 0001854270 Dynamics Special Purpose Corp. SNTI 0001586852 Farokhzad Omid C/O SENTI BIOSCIENCES, INC. 2 CORPORATE DRIVE, FIRST FLOOR, SOUTH SAN FRANCISCO CA 94080 1 0 0 0 Common Stock 2022-06-08 4 M 0 5750000 0 A 6465500 I See footnotes Common Stock 2022-06-08 4 J 0 4518097 0 D 1947403 I Dynamics Group, LLC Common Stock 2022-06-08 4 A 0 250000 10.00 A 250000 I OCF 2014 Trust Class B Common Stock 2022-06-08 4 M 0 5750000 D Class A Common Stock 5750000 0 I See Footnotes Each share that Dynamics Sponsor LLC, a Delaware limited liability company (the "Sponsor"), held as record holder of Class B common stock, par value $0.0001, automatically converted into one share of Class A common stock, par value $0.0001, at the closing of the Issuer's initial business combination on June 8, 2022, and, pursuant to the Issuer's amended certificate of incorporation which came into effect on such date, shares of Class A common stock became shares of common stock (without class designation), par value $0.0001, of the Issuer at such time. The shares of Class B common stock had no expiration date. 329,386 shares of Class A common stock (to which Dynamics Group, LLC was otherwise entitled) were forfeited in connection therewith. Upon the consummation of the business combination described in footnote 1, the Sponsor distributed 1,947,403 shares of Issuer's common stock to Dynamics Group, LLC. Omid Farokhzad controls and is the sole member of Dynamics Group, LLC. The Sponsor's remaining interests in the Issuer (the 4,518,097 shares reported herein) were either forfeited by Sponsor or distributed to other members of the Sponsor. Prior to the distribution described in footnote 2, the Sponsor was the record holder of these shares. The Sponsor is governed by a board of managers consisting of Omid Farokhzad and Mostafa Ronaghi who hold an economic interest therein. Omid Farokhzad's beneficial ownership interest in the Sponsor is held indirectly through Dynamics Group, LLC. Mr. Farokhzad controls and is the sole member of Dynamics Group, LLC. Any action by the Sponsor with respect to Issuer or the shares reported above, including voting and dispositive decisions, required unanimous approval of the managers. Mr. Farokhzad disclaims beneficial ownership in these shares except to the extent of his pecuniary interest therein. As described in footnote 2, 4,518,097 of the shares held by the Sponsor (after subtracting the 1,947,403 distributed to Dynamics Group, LLC) were either forfeited by Sponsor or distributed to other members of the Sponsor. OCF 2014 Trust is the record owner of these shares. Mr. Farokhzad (and/or his family members) have an economic interest in the OCF 2014 Trust. Mr. Farokhzad disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. /s/ Omid Farokhzad 2022-06-10