Sec Form 13G Filing - Spindletop Healthcare Capital L.P. filing for BIOVENTUS INC (BVS) - 2024-11-08

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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Securities and Exchange Commission

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

 

 

Bioventus Inc.

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

09075A108

(CUSIP Number)

September 30, 2024

(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 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. 09075A108    Schedule 13G    Page 1 of 8

 

 1   

 Names of Reporting Persons

 

 Spindletop Healthcare Capital, L.P.

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

   5   

 Sole Voting Power

 

 0

   6  

 Shared Voting Power

 

 0

   7  

 Sole Dispositive Power

 

 0

   8  

 Shared Dispositive Power

 

 0

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 0

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 0.0%

12  

 Type of Reporting Person

 

 PN


CUSIP No. 09075A108    Schedule 13G    Page 2 of 8

 

 1   

 Names of Reporting Persons

 

 Spindletop Capital GP, L.P.

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

   5   

 Sole Voting Power

 

 0

   6  

 Shared Voting Power

 

 0

   7  

 Sole Dispositive Power

 

 0

   8  

 Shared Dispositive Power

 

 0

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 0

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 0.0%

12  

 Type of Reporting Person

 

 PN


CUSIP No. 09075A108    Schedule 13G    Page 3 of 8

 

 1   

 Names of Reporting Persons

 

 Spindletop GP Management, LLC

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

   5   

 Sole Voting Power

 

 0

   6  

 Shared Voting Power

 

 0

   7  

 Sole Dispositive Power

 

 0

   8  

 Shared Dispositive Power

 

 0

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 0

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 0.0%

12  

 Type of Reporting Person

 

 OO


CUSIP No. 09075A108    Schedule 13G    Page 4 of 8

 

 1   

 Names of Reporting Persons

 

 Evan S. Melrose

 2  

 Check the Appropriate Box if a Member of a Group

 (a) ☐  (b) ☐

 

 3  

 SEC Use Only

 

 4  

 Citizenship or Place of Organization

 

 United States

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

   5   

 Sole Voting Power

 

 0

   6  

 Shared Voting Power

 

 0

   7  

 Sole Dispositive Power

 

 0

   8  

 Shared Dispositive Power

 

 0

 9   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 0

10  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11  

 Percent of Class Represented by Amount in Row 9

 

 0.0%

12  

 Type of Reporting Person

 

 IN


CUSIP No. 09075A108    Schedule 13G    Page 5 of 8

 

ITEM 1. (a)

Name of Issuer:

Bioventus Inc. (the “Issuer”).

 

    (b)

Address of Issuer’s Principal Executive Offices:

4721 Emperor Boulevard, Suite 100, Durham, North Carolina 27703

 

ITEM 2. (a)

Name of Person Filing:

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

  Spindletop Healthcare Capital, L.P.

  Spindletop Capital GP, L.P.

  Spindletop GP Management, LLC

  Evan S. Melrose

 

    (b)

Address or Principal Business Office:

The principal business address of each of the Reporting Persons is 3571 Far West Boulevard, PMB #108, Austin, Texas 78731.

 

    (c)

Citizenship of each Reporting Person is:

Evan S. Melrose is a citizen of the United States. Each of the other Reporting Persons is organized under the laws of the state of Delaware.

 

    (d)

Title of Class of Securities:

Class A Common Stock, $0.001 par value per share (“Class A Common Stock”).

 

    (e)

CUSIP Number:

09075A108

 

ITEM 3.

Not applicable.


CUSIP No. 09075A108    Schedule 13G    Page 6 of 8

 

ITEM 4.

Ownership.

(a-c)

This amendment to Schedule 13G is being filed to report that, as of the date hereof, the Reporting Persons do not beneficially own any shares of Common Stock.

 

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 Persons have 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.

Not applicable.


CUSIP No. 09075A108    Schedule 13G    Page 7 of 8

 

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.

Date: November 8, 2024

 

Spindletop Healthcare Capital, L.P.
By:   Spindletop Capital GP, L.P., its general partner
By:   Spindletop GP Management, LLC, its general partner
By:   /s/ Evan Melrose
Name:   Evan Melrose
Title:   Manager
Spindletop Capital GP, L.P.
By:   By: Spindletop GP Management, LLC, its general partner
By:   /s/ Evan Melrose
Name:   Evan Melrose
Title:   Manager
Spindletop GP Management, LLC
By:   /s/ Evan Melrose
Name:   Evan Melrose
Title:   Manager
Evan S. Melrose
/s/ Evan S. Melrose


CUSIP No. 09075A108    Schedule 13G    Page 8 of 8

 

LIST OF EXHIBITS

 

Exhibit No.

  

Description

99    Joint Filing Agreement (previously filed).