Sec Form 13G Filing - Lightstone Ventures II L.P. filing for Cyteir Therapeutics Inc. (CYT) - 2024-02-14

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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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b),

(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)

(Amendment No. 1)*

 

Cyteir Therapeutics, Inc. 

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

23284P 10 3 

(CUSIP Number)

 

December 31, 2023 

(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)

 

  x 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. 23284P 10 3 Page 2 of 12

 

1.

Name of Reporting Persons

 

Lightstone Ventures II, L.P.

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨

(b)  x (1)

 

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

 

2,309,901 (2)

 

7.

Sole Dispositive Power

 

0

 

8.

Shared Dispositive Power

 

2,309,901 (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,309,901 (2)

 

10.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

 

11.

Percent of Class Represented by Amount in Row (11)

 

6.4% (3)

 

12.

Type of Reporting Person (See Instructions)

 

PN

 

 

(1)   This Schedule 13G is filed by Lightstone Ventures II, L.P. (“LSV II”), Lightstone Ventures II(A), L.P. (“LSV II(A)”), LSV Associates II, LLC (“LSV Associates II” and, together with LSV II and LSV II(A), the “LSV Entities”), Michael A. Carusi, Jean M. George and Henry A. Plain, Jr. Together with the LSV Entities, Messrs. Carusi, and Plain and Ms. George are herein collectively referred to as the “Reporting Persons”). The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) The shares are held by LSV II.

 

(3) The beneficial ownership percentage is based on a total of 35,998,068 shares of Common Stock outstanding as of November 2, 2023, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, filed with the Securities and Exchange Commission on November 6, 2023.

 

 

CUSIP No. 23284P 10 3 Page 3 of 12

 

1.

Name of Reporting Persons

 

Lightstone Ventures II(A), L.P.

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨

(b)  x (1)

 

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

 

134,364 (2)

 

7.

Sole Dispositive Power

 

0

 

8.

Shared Dispositive Power

 

134,364 (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

134,364 (2)

 

10.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

 

11.

Percent of Class Represented by Amount in Row (11)

 

0.4% (3)

 

12.

Type of Reporting Person (See Instructions)

 

PN

 

 

(1)   This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) The shares are held by LSV II(A).

 

(3) The beneficial ownership percentage is based on a total of 35,998,068 shares of Common Stock outstanding as of November 2, 2023, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, filed with the Securities and Exchange Commission on November 6, 2023.

 

 

CUSIP No. 23284P 10 3 Page 4 of 12

 

1.

Name of Reporting Persons

 

LSV Associates II, LLC

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨

(b)  x (1)

 

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

 

2,444,265 (2)

 

7.

Sole Dispositive Power

 

0

 

8.

Shared Dispositive Power

 

2,444,265 (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,444,265 (2)

10.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

 

11.

Percent of Class Represented by Amount in Row (11)

 

6.8% (3)

12.

Type of Reporting Person (See Instructions)

 

OO

 

(1)  This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) Consists of 2,309,901 shares held directly by LSV II and 134,364 shares held directly by LSV II(A). LSV Associates II serves as the general partner of LSV II and LSV II(A) and may be deemed to beneficially own the shares held by LSV II and LSV II(A).

 

(3) The beneficial ownership percentage is based on a total of 35,998,068 shares of Common Stock outstanding as of November 2, 2023, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, filed with the Securities and Exchange Commission on November 6, 2023.

 

 

CUSIP No. 23284P 10 3 Page 5 of 12

 

1.

Name of Reporting Persons

 

Michael A. Carusi

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨

(b)  x (1)

 

3.

SEC USE ONLY

 

4.

Citizenship or Place of Organization

 

United States of America

 

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With:

5.

Sole Voting Power

 

0

 

6.

Shared Voting Power

 

2,444,265 (2)

 

7.

Sole Dispositive Power

 

0

 

8.

Shared Dispositive Power

 

2,444,265 (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,444,265 (2)

 

10.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

 

11.

Percent of Class Represented by Amount in Row (11)

 

6.8% (3)

 

12.

Type of Reporting Person (See Instructions)

 

IN

 

 

(1)  This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)  Consists of 2,309,901 shares held directly by LSV II and 134,364 shares held directly by LSV II(A). Messrs. Carusi and Plain and Ms. George, the individual managing directors of LSV Associates II, the general partner of LSV II and LSV II(A), share voting and dispositive power with respect to the shares held of record by LSV II and LSV II(A), and may be deemed to own beneficially the shares held by LSV II and LSV II(A).

 

(3)  The beneficial ownership percentage is based on a total of 35,998,068 shares of Common Stock outstanding as of November 2, 2023, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, filed with the Securities and Exchange Commission on November 6, 2023.

 

 

CUSIP No. 23284P 10 3 Page 6 of 12

 

1.

Name of Reporting Persons

 

Jean M. George

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨

(b)  x (1)

 

3.

SEC USE ONLY

 

4.

Citizenship or Place of Organization

 

United States of America

 

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With:

5.

Sole Voting Power

 

28,300 (2)

 

6.

Shared Voting Power

 

2,444,265 (3)

 

7.

Sole Dispositive Power

 

28,300 (2)

 

8.

Shared Dispositive Power

 

2,444,265 (3)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,472,565 (2)(3)

 

10.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

 

11.

Percent of Class Represented by Amount in Row (11)

 

6.9% (4)

 

12.

Type of Reporting Person (See Instructions)

 

IN

 

 

(1)  This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)  Consists of 28,300 shares of Common Stock issuable upon the exercise of stock options held by Ms. George that are exercisable within 60 days of the date of this filing.

 

(3)  Consists of 2,309,901 shares held directly by LSV II and 134,364 shares held directly by LSV II(A). Messrs. Carusi and Plain and Ms. George, the individual managing directors of LSV Associates II, the general partner of LSV II and LSV II(A), share voting and dispositive power with respect to the shares held of record by LSV II and LSV II(A), and may be deemed to own beneficially the shares held by LSV II and LSV II(A).

 

(4)  The beneficial ownership percentage is based on a total of (i) 35,998,068 shares of Common Stock outstanding as of November 2, 2023, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, filed with the Securities and Exchange Commission on November 6, 2023 and (ii) 28,300 shares issuable upon the exercise of stock options held by Ms. George that are exercisable within 60 days of the date of this filing.

 

 

CUSIP No. 23284P 10 3 Page 7 of 12

 

1.

Name of Reporting Persons

 

Henry A. Plain, Jr.

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨

(b)  x (1)

 

3.

SEC USE ONLY

 

4.

Citizenship or Place of Organization

 

United States of America

 

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With:

5.

Sole Voting Power

 

0

 

6.

Shared Voting Power

 

2,444,265 (2)

 

7.

Sole Dispositive Power

 

0

 

8.

Shared Dispositive Power

 

2,444,265 (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,444,265 (2)

 

10.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

 

11.

Percent of Class Represented by Amount in Row (11)

 

6.8% (3)

 

12.

Type of Reporting Person (See Instructions)

 

IN

 

 

(1)  This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)  Consists of 2,309,901 shares held directly by LSV II and 134,364 shares held directly by LSV II(A). Messrs. Carusi and Plain and Ms. George, the individual managing directors of LSV Associates II, the general partner of LSV II and LSV II(A), share voting and dispositive power with respect to the shares held of record by LSV II and LSV II(A), and may be deemed to own beneficially the shares held by LSV II and LSV II(A).

 

(3)  The beneficial ownership percentage is based on a total of 35,998,068 shares of Common Stock outstanding as of November 2, 2023, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, filed with the Securities and Exchange Commission on November 6, 2023.

 

 

CUSIP No. 23284P 10 3 Page 8 of 12

 

  Introductory Note: This statement on Schedule 13G is being filed by the Reporting Persons in respect of common stock of Cyteir Therapeutics, Inc. (the   “Issuer”).

 

Item 1(a)Name of Issuer

 

Cyteir Therapeutics, Inc.

 

Item 1(b)Address of Issuer's Principal Executive Offices

 

99 Hayden Street, Building B, Suite 450

Lexington, MA 02421

 

Item 2(a)Name of Person Filing

 

Lightstone Ventures II, L.P. (“LSV II”)

Lightstone Ventures II(A), L.P. (“LSV II(A)”)

LSV Associates II, LLC (“LSV Associates II” and, together with LSV II, LSV II(A), the “LSV Entities”)

Michael A. Carusi

Jean M. George

Henry A. Plain, Jr.

 

Item 2(b)Address of Principal Business Office or, if none, Residence

 

The address of the principal place of business of each of the Reporting Persons is 500 Boylston St., Suite 1380, Boston, MA 02116.

 

Item 2(c)Citizenship

 

Each of the LSV Entities is organized in the State of Delaware. Each of the individual Reporting Persons is a United States citizen.

 

Item 2(d) Title of Class of Securities

 

Common Stock

 

Item 2(e)CUSIP Number

 

23284P 10 3

 

Item 3Not 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 pages 2-7

 

(b) Percent of class: See Row 11 of pages 2-7

 

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

 

(i) Sole power to vote or to direct the vote: See Row 5 of pages 2-7

 

(ii) Shared power to vote or to direct the vote: See Row 6 of pages 2-7

 

(iii) Sole power to dispose or to direct the disposition of: See Row 7 of pages 2-7

 

(iv) Shared power to dispose or to direct the disposition of: See Row 8 of pages 2-7

 

 

CUSIP No. 23284P 10 3 Page 9 of 12

 

Item 5Ownership 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 6Ownership of More than Five Percent of Another Person

 

Not applicable.

 

Item 7Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company

 

Not applicable.

 

Item 8Identification and Classification of Members of the Group

 

Not applicable.

 

Item 9Notice of Dissolution of Group

 

Not applicable.

 

Item 10Certification

 

Not applicable.

 

 

CUSIP No. 23284P 10 3 Page 10 of 12

 

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: February 14, 2024

 

Lightstone ventures II, L.P.  
lightstone ventures ii(A), L.P.  
By: LSV Associates II, LLC, General Partner  
   
By: /s/ Travis Boettner  
  Travis Boettner, Attorney-in-Fact  
   
LSV Associates II, LLC  
   
By: /s/ Travis Boettner  
  Travis Boettner, Attorney-in-Fact  
   
/s/ Travis Boettner  
Travis Boettner, Attorney-in-Fact for Michael A. Carusi  
   
/s/ Travis Boettner  
Travis Boettner, Attorney-in-Fact for Jean M. George  
   
/s/ Travis Boettner  
Travis Boettner, Attorney-in-Fact for Henry A. Plain, Jr.  

 

 

CUSIP No. 23284P 10 3 Page 11 of 12

 

Exhibit  Index

 

A. Agreement regarding filing of Joint Schedule 13G

 

 

CUSIP No. 23284P 10 3 Page 12 of 12

 

Exhibit A

 

AGREEMENT

 

Pursuant to Rule 13d-1(k)(l) promulgated pursuant to the Securities Exchange Act of 1934, as amended, the undersigned agree that the attached Schedule 13G is being filed on behalf of each of the undersigned.

 

Date: February 14, 2024

 

Lightstone ventures II, L.P.  
lightstone ventures ii(A), L.P.  
By: LSV Associates II, LLC, General Partner  
   
By: /s/ Travis Boettner  
  Travis Boettner, Attorney-in-Fact  
   
LSV Associates II, LLC  
   
By: /s/ Travis Boettner  
  Travis Boettner, Attorney-in-Fact  
   
/s/ Travis Boettner  
Travis Boettner, Attorney-in-Fact for Michael A. Carusi  
   
/s/ Travis Boettner  
Travis Boettner, Attorney-in-Fact for Jean M. George  
   
/s/ Travis Boettner  
Travis Boettner, Attorney-in-Fact for Henry A. Plain, Jr.