0001193125-18-042997.txt : 20180214 0001193125-18-042997.hdr.sgml : 20180214 20180213175133 ACCESSION NUMBER: 0001193125-18-042997 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20180214 DATE AS OF CHANGE: 20180213 GROUP MEMBERS: LENE SKOLE GROUP MEMBERS: METTE KIRSTINE AGGER SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: scPharmaceuticals Inc. CENTRAL INDEX KEY: 0001604950 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 465184075 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-90193 FILM NUMBER: 18605452 BUSINESS ADDRESS: STREET 1: 2400 DISTRICT AVENUE STREET 2: SUITE 310 CITY: BURLINGTON STATE: MA ZIP: 01830 BUSINESS PHONE: 617-517-0730 MAIL ADDRESS: STREET 1: 2400 DISTRICT AVENUE STREET 2: SUITE 310 CITY: BURLINGTON STATE: MA ZIP: 01830 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Lundbeckfond Invest A/S CENTRAL INDEX KEY: 0001591046 IRS NUMBER: 000000000 STATE OF INCORPORATION: G7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: SCHERFIGSVEJ 7 CITY: COPENHAGEN STATE: G7 ZIP: DK-2100 BUSINESS PHONE: 4540307375 MAIL ADDRESS: STREET 1: SCHERFIGSVEJ 7 CITY: COPENHAGEN STATE: G7 ZIP: DK-2100 SC 13G 1 d535392dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

scPharmaceuticals, Inc.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

810648105

(CUSIP Number)

November 21, 2017

(Date of Event which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 810648105    13G    Page 2 of 12 Pages

 

  1.   

NAMES OF REPORTING PERSONS

 

Lundbeckfond Invest A/S (“Lundbeckfond”)

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Denmark

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

3,183,986 shares of common stock, except that (i) Lene Skole (“Skole”), chief executive officer of Lundbeckfond, may be deemed to have sole power to vote these shares; and (ii) Mette Kirstine Agger (“Agger”), managing partner of Lundbeckfond and a member of the Board of Directors of the Issuer, may be deemed to have shared power to vote these shares.

   6.   

SHARED VOTING POWER

 

See response to row 5 above.

   7.   

SOLE DISPOSITIVE POWER

 

3,183,986 shares of common stock, except that (i) Skole, chief executive officer of Lundbeckfond, may be deemed to have sole power to dispose of these shares; and (ii) Agger, managing partner of Lundbeckfond and a member of the Board of Directors of the Issuer, may be deemed to have shared power to dispose of these shares.

   8.   

SHARED DISPOSITIVE POWER

 

See response to row 7 above.

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,183,986 shares of common stock

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

17.1%

12.  

TYPE OF REPORTING PERSON (see instructions)

 

FI


CUSIP No. 810648105    13G    Page 3 of 12 Pages

 

  1.   

NAMES OF REPORTING PERSONS

 

Lene Skole (“Skole”)

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Denmark

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

3,183,986 shares of common stock held directly by Lundbeckfond, except that Agger, managing partner Lundbeckfond and a member of the Board of Directors of the Issuer, may be deemed to have shared power to vote these shares.

   6.   

SHARED VOTING POWER

 

See response to row 5 above.

   7.   

SOLE DISPOSITIVE POWER

 

3,183,986 shares of common stock held directly by Lundbeckfond, except that Agger, managing partner of Lundbeckfond and a member of the Board of Directors of the Issuer, may be deemed to have shared power to dispose of these shares.

   8.   

SHARED DISPOSITIVE POWER

 

See response to row 7 above.

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,183,986 shares of common stock

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

17.1%

12.  

TYPE OF REPORTING PERSON (see instructions)

 

IN


CUSIP No. 810648105    13G    Page 4 of 12 Pages

 

  1.   

NAMES OF REPORTING PERSONS

 

Mette Kirstine Agger (“Agger”)

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Denmark

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

See response to row 6 below.

   6.   

SHARED VOTING POWER

 

3,183,986 shares of common stock held directly by Lundbeckfond, except that Skole, chief executive officer of Lundbeckfond, may be deemed to have sole power to vote these shares.

   7.   

SOLE DISPOSITIVE POWER

 

See response to row 8 below.

   8.   

SHARED DISPOSITIVE POWER

 

3,183,986 shares of common stock held directly by Lundbeckfond, except that Skole, chief executive officer of Lundbeckfond, may be deemed to have sole power to dispose of these shares.

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,183,986 shares of common stock

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

17.1%

12.  

TYPE OF REPORTING PERSON (see instructions)

 

IN


CUSIP No. 810648105    13G    Page 5 of 12 Pages

 

Item 1.

 

  (a) Name of Issuer

scPharmaceuticals Inc.

 

  (b) Address of Issuer’s Principal Executive Offices

2400 District Avenue, Suite 310

Burlington, MA 01830

Item 2.

 

  (a) Name of Each Person Filing

This Schedule 13G is being filed on behalf of each of the following persons:

Lundbeckfond Invest A/S (the “Lundbeckfond”)

Lene Skole (“Skole”)

Mette Kirstine Agger (“Agger”)

The foregoing entities and individuals are collectively referred to as the “Reporting Persons.”

Skole is the chief executive officer of Lundbeckfond. The directors of Lundbeckfond have delegated voting and dispositive power with respect to shares held by Lundbeckfond to Skole. Agger is the managing partner of Lundbeckfond and a member of the Board of Directors of the Issuer.

 

  (b) Address or the Principal Office or, if none, residence of each Person Filing

The business address for each Reporting Person is:

c/o Lundbeckfond Invest A/S

Scherfigsvej 7

DK-2100 Copenhagen, Denmark

 

  (c) Citizenship

Lundbeckfond is a private Danish corporation.

Each of Skole and Agger are citizens of Denmark.

 

  (d) Title of Class of Securities

Common Stock, par value $0.0001 per share


CUSIP No. 810648105    13G    Page 6 of 12 Pages

 

  (e) CUSIP Number

810648105

Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

Not applicable.

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a) Amount beneficially owned: See row 9 of cover page for each Reporting Person.

 

  (b) Percent of class: See row 11 of cover page for each Reporting Person.

 

  (c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

See row 5 of cover page for each Reporting Person.

(ii) Shared power to vote or to direct the vote:

See row 6 of cover page for each Reporting Person.

(iii) Sole power to dispose or to direct the disposition of:

See row 7 of cover page for each Reporting Person.

(iv) Shared power to dispose or to direct the disposition of:

See row 8 of cover page for each Reporting Person.

The approximate percentages of common stock reported as beneficially owned by the Reporting Persons are based upon 18,570,151 shares of common stock outstanding as of the completion of the Issuer’s offering of common stock and assuming the underwriters exercised their option to purchase an additional 960,000 shares, as reported on the Issuer’s Prospectus filed pursuant to Rule 424(b)(4) with the United States Securities and Exchange Commission on November 11, 2017.

Each of the Reporting Persons, except Lundbeckfond, disclaims beneficial ownership of the shares owned by Lundbeckfond, except to the extent of their respective pecuniary interests therein.

Item 5. Ownership of Five Percent or Less of a Class.

Not applicable.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Under certain circumstances set forth in the governing documents of Lundbeckfond, the stockholders of Lundbeckfond may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the Issuer.


CUSIP No. 810648105    13G    Page 7 of 12 Pages

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not applicable.

Item 8. Identification and Classification of Members of the Group.

Not applicable.

Item 9. Notice of Dissolution of Group.

Not applicable.

Item 10. Certification.

Not applicable.

Material to be Filed as Exhibits.

Exhibit 1 – Agreement regarding filing of joint Schedule 13G.

Exhibit 2 – Power of Attorney.


CUSIP No. 810648105    13G    Page 8 of 12 Pages

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 13, 2018

 

LUNDBECKFOND INVEST A/S
By:  

*

Name: Lene Skole
Title: Chief Executive Officer & Attorney-in-Fact
By:  

*

Name: Mette Kirstine Agger
Title: Attorney-in-Fact
LENE SKOLE

/s/ Lene Skole

METTE KIRSTINE AGGER

/s/ Mette Kirstine Agger


CUSIP No. 810648105    13G    Page 9 of 12 Pages

 

 

/s/ Lene Skole

LENE SKOLE
*As attorney-in-fact for Lundbeckfond Invest A/S.

/s/ Mette Kirstine Agger

METTE KIRSTINE AGGER
*As attorney-in-fact for Lundbeckfond Invest A/S.

 

* This Schedule 13G was executed by Lene Skole and Mette Kristine Agger on behalf of the entity listed above, as indicated, pursuant to that certain Power of Attorney, a copy of which is attached to this Schedule 13G as Exhibit 2.
EX-99.1 2 d535392dex991.htm EX-99.1 EX-99.1
CUSIP No. 810648105    13G    Page 10 of 12 Pages

 

EXHIBIT 1

Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of shares of Common Stock of scPharmaceuticals Inc.

Date: February 13, 2018

 

LUNDBECKFOND INVEST A/S
By:  

*                     

Name: Lene Skole
Title: Chief Executive Officer & Attorney-in-Fact
By:  

*

Name: Mette Kirstine Agger
Title: Attorney-in-Fact
LENE SKOLE

/s/ Lene Skole

METTE KIRSTINE AGGER

/s/ Mette Kirstine Agger


CUSIP No. 810648105    13G    Page 11 of 12 Pages

 

/s/ Lene Skole

LENE SKOLE
*As attorney-in-fact for Lundbeckfond Invest A/S.

/s/ Mette Kirstine Agger

METTE KIRSTINE AGGER
*As attorney-in-fact for Lundbeckfond Invest A/S.

 

* This Schedule 13G was executed by Lene Skole and Mette Kristine Agger on behalf of the entity listed above, as indicated, pursuant to that certain Power of Attorney, a copy of which is attached to this Schedule 13G as Exhibit 2.
EX-99.2 3 d535392dex992.htm EX-99.2 EX-99.2
CUSIP No. 810648105    13G    Page 12 of 12 Pages

 

EXHIBIT 2

POWER OF ATTORNEY

21 November 2017

Authorized signatures for Lundbeckfonden and Lundbeckfond Invest A/S

Signatures & Power of Attorney

The following persons are hereby authorized to sign - two in conjunction - for Lundbeckfonden (CVR no. 11814913) and Lundbeckfond Invest A/S (CVR no. 21855545) in all matters regarding our financial transactions in the ordinary course of business, including investments and other transactions in relation to Lundbeckfonden Ventures and/or Lundbeckfonden Emerge:

(1+2) or (1+3) or (1+4) as well as

(2+3) or (2+4) as well as

(3+4, save for transactions in relation to Lundbeckfonden Ventures and/or Lundbeckfonden Emerge),

1. Board of Trustees: (A-mandate):

 

Jurgen Huno Rasmussen, Chairman    :  

/s/ Jurgen Huno Rasmussen

Steffen Kragh, Deputy Chairman    :  

/s/ Steffen Kragh

2. Management: (A-mandate):

 

Lene Skole, Chief Executive Officer    :  

/s/ Lene Skole

3. Other Management: (C-mandate):

 

Mette Kirstine Agger, Managing Partner    :  

/s/ Mette Kirstine Agger

Soren Christiansen, Vice President Finance    :  

/s/ Soren Christiansen

Christian E. Elling, Managing Partner    :  

/s/ Christian E. Elling

Bertil From, Chief Financial Officer    :  

/s/ Bertil From

4. Signatures together with the other management, management or Board of Trustees (B-mandate):

 

Susanne Bjarnov Bernth, Senior Investment Controller    :  

/s/ Susanne Bjarnov Bernth

Dorthe Mathiasen, Accountant    :  

/s/ Dorthe Mathiasen

Britt Wilder, Executive Secretary    :  

/s/ Britt Wilder

This Power of Attorney replaces the Power of Attorney dated February 2017 and is valid until it is withdrawn in writing.

On behalf of Lundbeckfonden / Lundbeckfond Invest A/S


/s/ Jørgen Huno Rasmussen     /s/ Steffen Kragh
Jørgen Huno Rasmussen
    Steffen Kragh
Chairman of the Board of     Deputy Chairman
Lundbeckfonden &     Lundbeckfonden &
Lundbeckfond Invest A/S     Lundbeckfond Invest A/S