0001493152-20-022942.txt : 20201204 0001493152-20-022942.hdr.sgml : 20201204 20201204131721 ACCESSION NUMBER: 0001493152-20-022942 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20201204 DATE AS OF CHANGE: 20201204 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ACHIEVE LIFE SCIENCES, INC. CENTRAL INDEX KEY: 0000949858 STANDARD INDUSTRIAL CLASSIFICATION: IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES [2835] IRS NUMBER: 954343413 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-45969 FILM NUMBER: 201369462 BUSINESS ADDRESS: STREET 1: 520 PIKE STREET STREET 2: SUITE 2250 CITY: SEATTLE STATE: WA ZIP: 98101 BUSINESS PHONE: 425-686-1500 MAIL ADDRESS: STREET 1: 520 PIKE STREET STREET 2: SUITE 2250 CITY: SEATTLE STATE: WA ZIP: 98101 FORMER COMPANY: FORMER CONFORMED NAME: ONCOGENEX PHARMACEUTICALS, INC. DATE OF NAME CHANGE: 20080821 FORMER COMPANY: FORMER CONFORMED NAME: SONUS PHARMACEUTICALS INC DATE OF NAME CHANGE: 19950825 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PACKER PAUL CENTRAL INDEX KEY: 0001268460 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: BUSINESS PHONE: (000)000 0000 MAIL ADDRESS: STREET 1: C/O GLOBIS CAPITAL PARTNERS LP STREET 2: 60 BROAD ST CITY: NEW YORK STATE: NY ZIP: 10004 SC 13G 1 formsc13g.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Information Statement Pursuant to Rules 13d-1 and 13d-2

Under the Securities Exchange Act of 1934

 

(Amendment No. )*

 

Achieve Life Sciences, Inc.

 

(Name of Issuer)

 

Common Stock, par value $0.001

 

(Title of Class of Securities)

 

004468203

 

(CUSIP Number)

 

December 3, 2020

 

(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)

 

[X] 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 the disclosures provided in a prior cover page.

 

The information required in 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. 004468203

 

1. Names of Reporting Persons: Globis Capital Partners, L.P.
 

I.R.S. Identification Nos. of above persons (entities only):

 

2. Check the Appropriate Box if a member of a Group (See instructions)
  (a) [  ]
  (b)

[X]

 

3.

SEC Use Only

 

4.

Citizenship or Place of Organization: Delaware

 

Number of

Shares

Beneficially by

Owned by Each

Reporting

Person with:

5. Sole Voting Power: 0
   
6. Shared Voting Power: 332,039
   
7. Sole Dispositive Power: 0
   
8.

Shared Dispositive Power: 332,039

 

9. Aggregate Amount Beneficially Owned by Each Reporting Person: 332,039
   
10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [  ]

 

11.

Percent of Class Represented by Amount in Row (9): 5.8%

 

12. Type of Reporting Person (See Instructions) PN

 

 

 

 

CUSIP No. 004468203

 

1. Names of Reporting Persons: Globis Capital Advisors, L.L.C.
 

I.R.S. Identification Nos. of above persons (entities only):

 

2. Check the Appropriate Box if a member of a Group (See instructions)
  (a) [  ]
  (b)

[X]

 

3.

SEC Use Only

 

4.

Citizenship or Place of Organization: Delaware

 

Number of

Shares

Beneficially by

Owned by Each

Reporting

Person with:

5. Sole Voting Power: 0
   
6. Shared Voting Power: 332,039
   
7. Sole Dispositive Power: 0
   
8.

Shared Dispositive Power: 332,039

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person: 332,039

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [  ]

 

11.

Percent of Class Represented by Amount in Row (9): 5.8%

 

12. Type of Reporting Person (See Instructions) OO

 

 

 

 

CUSIP No. 004468203

 

1. Names of Reporting Persons: Globis Capital Management, L.P.
 

I.R.S. Identification Nos. of above persons (entities only):

 

2. Check the Appropriate Box if a member of a Group (See instructions)
  (a) [  ]
  (b)

[X]

 

3.

SEC Use Only

 

4.

Citizenship or Place of Organization: Delaware

 

Number of

Shares

Beneficially by

Owned by Each

Reporting

Person with:

5. Sole Voting Power: 0
   
6. Shared Voting Power: 332,039
   
7. Sole Dispositive Power: 0
   
8.

Shared Dispositive Power: 332,039

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person: 332,039

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [  ]

 

11.

Percent of Class Represented by Amount in Row (9): 5.8%

 

12. Type of Reporting Person (See Instructions) PN

 

 

 

 

CUSIP No. 004468203

 

1. Names of Reporting Persons: Globis Capital, L.L.C.
 

I.R.S. Identification Nos. of above persons (entities only):

 

2. Check the Appropriate Box if a member of a Group (See instructions)
  (a) [  ]
  (b)

[X]

 

3.

SEC Use Only

 

4.

Citizenship or Place of Organization: Delaware

 

Number of

Shares

Beneficially by

Owned by Each

Reporting

Person with:

5. Sole Voting Power: 0
   
6. Shared Voting Power: 332,039
   
7. Sole Dispositive Power: 0
   
8.

Shared Dispositive Power: 332,039

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person: 332,039

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [  ]

 

11.

Percent of Class Represented by Amount in Row (9): 5.8%

 

12. Type of Reporting Person (See Instructions) OO

 

 

 

 

CUSIP No. 004468203

 

1. Names of Reporting Persons: Paul Packer
 

I.R.S. Identification Nos. of above persons (entities only):

 

2. Check the Appropriate Box if a member of a Group (See instructions)
  (a) [  ]
  (b)

[X]

 

3.

SEC Use Only

 

4.

Citizenship or Place of Organization: United States

 

Number of

Shares

Beneficially by

Owned by Each

Reporting

Person with:

5. Sole Voting Power: 10,000
   
6. Shared Voting Power: 332,039
   
7. Sole Dispositive Power: 10,000
   
  8.

Shared Dispositive Power: 332,039

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person: 342,039

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [  ]

 

11.

Percent of Class Represented by Amount in Row (9): 5.9%

 

12. Type of Reporting Person (See Instructions) IN

 

 

 

 

Item 1.  

 

  (a) Name of Issuer:

 

Achieve Life Sciences, Inc.

 

  (b) Address of Issuer’s Principal Executive Offices:

 

1040 West Georgia, Suite 1030
Vancouver, British Columbia, V6E 4H1

Item 2.  

 

  (a) Name of Person Filing:

 

This Schedule 13G is being jointly filed by each of the following persons pursuant to Rule 13d-1 promulgated by the Securities and Exchange Commission pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the “Act”):

 

  (i) Globis Capital Partners, L.P., a Delaware limited partnership (“Globis Partners”), with respect to shares of Common Stock (as defined in Item 2(d) below) directly held by it;
     
  (ii) Globis Capital Advisors, L.L.C., a Delaware limited liability company (“Globis Advisors”), serves as the general partner of Globis Partners, with respect to shares of Common Stock directly held by Globis Partners;
     
  (iii) Globis Capital Management, L.P., a Delaware limited partnership (the “Investment Manager”), which serves as investment manager to, and has investment discretion over the securities held by, Globis Partners, with respect to shares of Common Stock directly held by Globis Partners;
     
  (iv) Globis Capital, L.L.C., a Delaware limited liability company (“GC”), which serves as the general partner of the Investment Manager, with respect to shares of Common Stock directly held by Globis Partners;
     
  (v) Mr. Paul Packer (“Mr. Packer”), who is the Managing Member of Globis Advisors and GC, with respect to shares of Common Stock directly held by Globis Partners.

 

Globis Partners, Globis Advisors, the Investment Manager, GC, and Mr. Packer are hereinafter sometimes collectively referred to as the “Reporting Persons.” Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.

 

 

 

 

  (b) Address of Principal Business Office or, if none, Residence

 

The principal office and business address of Globis Partners, Globis Advisors, the Investment Manager, GC and Mr. Packer is:

 

805 Third Ave.

15th Floor

New York, New York 10022

 

  (c) Citizenship

 

See Item 2(a) above and Item 4 of each cover page.

 

  (d) Title of Class of Securities

 

Common Stock, par value $0.001

 

  (e) CUSIP Number

 

004468203

 

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

 

  (a) [  ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

 

  (b) [  ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

 

  (c) [  ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

 

  (d) [  ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

 

  (e) [  ] An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 

  (f) [  ] An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

  (g) [  ] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

 

  (h) [  ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

 

 

 

  (i) [  ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

  (j) [  ] Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

Item 4. Ownership:

 

  A. Globis Capital Partners, L.P.

 

  (a) Amount beneficially owned: 332,039

 

  (b) Percent of class: 5.8%

 

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

 

  (i) Sole power to vote or direct the vote: -0-

 

  (ii) Shared power to vote or direct the vote: 332,039

 

  (iii) Sole power to dispose or direct the disposition: -0-

 

  (iv) Shared power to dispose or direct the disposition: 332,039

 

  B. Globis Capital Advisors, L.L.C.

 

  (a) Amount beneficially owned: 332,039

 

  (b) Percent of class: 5.8%

 

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

 

  (i) Sole power to vote or direct the vote: -0-

 

  (ii) Shared power to vote or direct the vote: 332,039

 

  (iii) Sole power to dispose or direct the disposition: -0-

 

  (iv) Shared power to dispose or direct the disposition: 332,039

 

  C. Globis Capital Management, L.P.

 

  (a) Amount beneficially owned: 332,039

 

  (b) Percent of class: 5.8%

 

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

 

  (i) Sole power to vote or direct the vote: -0-

 

  (ii) Shared power to vote or direct the vote: 332,039

 

 

 

 

  (iii) Sole power to dispose or direct the disposition: -0-

 

  (iv) Shared power to dispose or direct the disposition: 332,039

 

  D. Globis Capital, L.L.C.

 

  (a) Amount beneficially owned: 332,039

 

  (b) Percent of class: 5.8%

 

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

 

  (i) Sole power to vote or direct the vote: -0-

 

  (ii) Shared power to vote or direct the vote: 332,039

 

  (iii) Sole power to dispose or direct the disposition: -0-

 

  (iv) Shared power to dispose or direct the disposition: 332,039

 

  E. Paul Packer

 

  (a) Amount beneficially owned: 342,039

 

  (b) Percent of class: 5.9%

 

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

 

  (i) Sole power to vote or direct the vote: 10,000

 

  (ii) Shared power to vote or direct the vote: 332,039

 

  (iii) Sole power to dispose or direct the disposition: 10,000

 

  (iv) Shared power to dispose or direct the disposition: 332,039

 

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

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following      [  ]

 

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

 

Not applicable.

 

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.

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 

 

 

SIGNATURE

 

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.

 

  December 4, 2020
  Date

 

  /s/ Paul Packer
  Paul Packer,
  individually and as managing member of:
  (a) Globis Capital Advisors, L.L.C.,
  for itself and as the general partner of Globis Capital Partners, L.P.; and (b) Globis Capital, L.L.C., for itself and as the general partner of Globis Capital Management, L.P., the Investment Manager of Globis Capital Partners, L.P.

 

 

 

EX-1 2 ex1.htm

 

EXHIBIT 1

 

JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13d-1(k)

 

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

 

DATED: December 4, 2020  
  /s/ Paul Packer
  Paul Packer,
  individually and as managing member of:
  (a) Globis Capital Advisors, L.L.C.,
  for itself and as the general partner of
  Globis Capital Partners, L.P.; and
  (b) Globis Capital, L.L.C.,
  for itself and as the general partner of
  Globis Capital Management, L.P., the Investment Manager of Globis Capital Partners, L.P.