Sec Form 13G Filing - MGC Venture Partners 2013 GP LLC filing for CASTLE BIOSCIENCES INC (CSTL) - 2020-02-11

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

Under the Securities Exchange Act of 1934

 

 

Castle Biosciences, Inc.

(Name of Issuer)

Common Stock, $0.001 par value

(Title of Class of Securities)

14843C105

(CUSIP Number)

December 31, 2019

(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.

 

 

 

CUSIP NO. 14843C105    13G    Page 2 of 12 Pages

 

  1    

  NAME OF REPORTING PERSON

  I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

  MGC Venture Partners 2013 GP, 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

 

  1,496,855

   7   

  SOLE DISPOSITIVE POWER

 

  0

   8   

  SHARED DISPOSITIVE POWER

 

  1,496,855

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,496,855

10  

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

 

  (a)  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  8.8%(1)

12  

  TYPE OF REPORTING PERSON*

 

  OO

 

(1)

Based on 17,074,049 shares of common stock outstanding as of November 7, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2019 filed with the U.S. Securities and Exchange Commission on November 12, 2019.

CUSIP NO. 14843C105    13G    Page 3 of 12 Pages

 

  1    

  NAME OF REPORTING PERSON

  I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

  MGC Venture Partners 2013, 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

 

  1,496,855

   7   

  SOLE DISPOSITIVE POWER

 

  0

   8   

  SHARED DISPOSITIVE POWER

 

  1,496,855

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,496,855

10  

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

 

  (a)  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  8.8%(1)

12  

  TYPE OF REPORTING PERSON*

 

  PN

 

(1)

Based on 17,074,049 shares of common stock outstanding as of November 7, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2019 filed with the U.S. Securities and Exchange Commission on November 12, 2019.

CUSIP NO. 14843C105    13G    Page 4 of 12 Pages

 

  1    

  NAME OF REPORTING PERSON

  I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

  MGC Venture Partners 2018 GP, 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

 

  250,000

   7   

  SOLE DISPOSITIVE POWER

 

  0

   8   

  SHARED DISPOSITIVE POWER

 

  250,000

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  250,000

10  

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

 

  (a)  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  1.5%(1)

12  

  TYPE OF REPORTING PERSON*

 

  OO

 

(1)

Based on 17,074,049 shares of common stock outstanding as of November 7, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2019 filed with the U.S. Securities and Exchange Commission on November 12, 2019.

CUSIP NO. 14843C105    13G    Page 5 of 12 Pages

 

  1    

  NAME OF REPORTING PERSON

  I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

  MGC Venture Partners 2018, 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

 

  115,300

   7   

  SOLE DISPOSITIVE POWER

 

  0

   8   

  SHARED DISPOSITIVE POWER

 

  115,300

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  115,300

10  

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

 

  (a)  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.7%(1)

12  

  TYPE OF REPORTING PERSON*

 

  PN

 

(1)

Based on 17,074,049 shares of common stock outstanding as of November 7, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2019 filed with the U.S. Securities and Exchange Commission on November 12, 2019.

CUSIP NO. 14843C105    13G    Page 6 of 12 Pages

 

  1    

  NAME OF REPORTING PERSON

  I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

  MGC Venture Partners QP 2018, 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

< /td>

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

    5     

  SOLE VOTING POWER

 

  0

   6   

  SHARED VOTING POWER

 

  134,700

   7   

  SOLE DISPOSITIVE POWER

 

  0

   8   

  SHARED DISPOSITIVE POWER

 

  134,700

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  134,700

10  

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

 

  (a)  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.8%(1)

12  

  TYPE OF REPORTING PERSON*

 

  PN

 

(1)

Based on 17,074,049 shares of common stock outstanding as of November 7, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2019 filed with the U.S. Securities and Exchange Commission on November 12, 2019.

CUSIP NO. 14843C105    13G    Page 7 of 12 Pages

 

  1    

  NAME OF REPORTING PERSON

  I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

  Joseph C. Cook III

  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 of America

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

    5     

  SOLE VOTING POWER

 

  208,053

   6   

  SHARED VOTING POWER

 

  1,746,855

   7   

  SOLE DISPOSITIVE POWER

 

  208,053

   8   

  SHARED DISPOSITIVE POWER

 

  1,746,855

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,954,908

10  

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

 

  (a)  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  11.5%(1)

12  

  TYPE OF REPORTING PERSON*

 

  IN

 

(1)

Based on 17,074,049 shares of common stock outstanding as of November 7, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2019 filed with the U.S. Securities and Exchange Commission on November 12, 2019.

CUSIP NO. 14843C105    13G    Page 8 of 12 Pages

 

Item 1(a).

Name of Issuer.

Castle Biosciences, Inc. (the “Issuer”)

 

Item 1(b).

Address of Issuer’s Principal Executive Offices.

820 S. Friendswood Dr., Suite 201

Friendswood, TX 77546

 

Item 2(a).

Name of Person Filing.

MGC Venture Partners 2013 GP, LLC

MGC Venture Partners 2013, L.P.

MGC Venture Partners 2018 GP, LLC

MGC Venture Partners 2018, L.P.

MGC Venture Partners QP 2018, L.P.

Joseph C. Cook III

 

Item 2(b).

Address or Principal Business Office or, if None, Residence.

C/O Mountain Group Capital, LLC

3835 Cleghorn Ave., Suite 300

Nashville, TN 37215

 

Item 2(c).

Organization/Citizenship.

 

MGC Venture Partners 2013 GP, LLC    Delaware
MGC Venture Partners 2013, L.P.    Delaware
MGC Venture Partners 2018 GP, LLC    Delaware
MGC Venture Partners 2018, L.P.    Delaware
MGC Venture Partners QP 2018, L.P.    Delaware
Joseph C. Cook III    United States of America

 

Item 2(d).

Title of Class Of Securities.

Common Stock, $0.001 par value

 

Item 2(e).

CUSIP Number.

14843C105

 

Item 3.

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

Not Applicable.

CUSIP NO. 14843C105    13G    Page 9 of 12 Pages

 

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.

MGC Venture Partners 2013 GP, LLC (“MGC 2013 GP”) is the general partner of MGC Venture Partners 2013, L.P. (“MGC 2013 LP”). MGC Venture Partners 2018 GP, LLC (“MGC 2018 GP”) is the general partner of MGC Venture Partners 2018, L.P. (“MGC 2018 LP”) and MGC Venture Partners QP 2018, L.P. (“MGC QP 2018 LP”). Joseph C. Cook III is a managing director of MGC 2013 GP and is a managing partner of MGC 2018 GP. As such, Mr. Cook may be deemed to have shared beneficial ownership over shares of common stock held by MGC 2013 LP, MGC 2018 LP and MGC QP 2018 LP. Mr. Cook, however, disclaims beneficial ownership of such shares of common stock, to the extent of his pecuniary interest therein.

The ownership information below represents beneficial ownership of common stock of the Issuer based on 17,074,049 shares of common stock outstanding as of November 7, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2019 filed with the U.S. Securities and Exchange Commission on November 12, 2019.

 

Person

    Total
Shares Of
Common
Stock
Beneficially
Owned		     Percent
of
Class		     Sole
Voting
Power		      Shared
Voting
Power		      Sole
Power
to
Dispose		      Shared
Power
to
Dispose		  

MGC Venture Partners 2013 GP, LLC

      1,496,855 (1)      8.8 %      —          1,496,855        —          1,496,855  

MGC Venture Partners 2013, L.P.

      1,496,855 (1)      8.8 %      —          1,496,855        —          1,496,855  

MGC Venture Partners 2018 GP, LLC

      250,000 (2)      1.5 %      —          250,000        —          250,000  

MGC Venture Partners 2018, L.P.

      115,300 (2)      0.7 %      —          115,300        —          115,300  

MGC Venture Partners QP 2018, L.P.

      134,700 (2)      0.8 %      —          134,700        —          134,700  

Joseph C. Cook III

      1,954,908       11.5 %      208,053        1,746,855        208,053        1,746,855  

 

(1)

Includes shares of common stock held by MGC 2013 LP, of which MGC 2013 GP is the general partner.

(2)

Includes 115,300 shares of common stock held by MGC 2018 LP and 134,700 shares of common stock held by MGC QP 2018 LP, of which MGC 2018 GP is the general partner.

 

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.

Not Applicable.

CUSIP NO. 14843C105    13G    Page 10 of 12 Pages

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

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.

Certifications.

Not Applicable.

CUSIP NO. 14843C105    13G    Page 11 of 12 Pages

 

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.

 

    MGC Venture Partners 2013 GP, LLC
Date: February 11, 2020     By:   /s/ Joseph C. Cook III
    Name:   Joseph C. Cook III
    Title:   Managing Member

 

    MGC Venture Partners 2013, L.P.
Date: February 11, 2020     By:   /s/ Joseph C. Cook III
    Name:   Joseph C. Cook III
    Title:   Managing Member of the General Partner

 

    MGC Venture Partners 2018 GP, LLC
Date: February 11, 2020     By:   /s/ Jason S. Ferguson
    Name:   Jason S. Ferguson
    Title:   Managing Partner

 

    MGC Venture Partners 2018, L.P.
Date: February 11, 2020     By:   /s/ Jason S. Ferguson
    Name:   Jason S. Ferguson
    Title:   Managing Partner of the General Partner

 

    MGC Venture Partners QP 2018, L.P.
Date: February 11, 2020     By:   /s/ Jason S. Ferguson
    Name:   Jason S. Ferguson
    Title:   Managing Partner of the General Partner
Date: February 11, 2020     By:   /s/ Joseph C. Cook III
    Name:   Joseph C. Cook III

CUSIP NO. 14843C105    13G    Page 12 of 12 Pages

 

EXHIBIT INDEX

 

Exhibit No.

   

Document

99.1    Joint Filing Agreement, dated February 11, 2020, among MGC Venture Partners 2013 GP, LLC, MGC Venture Partners 2013, L.P., MGC Venture Partners 2018 GP, LLC, MGC Venture Partners 2018, L.P., MGC Venture Partners QP 2018, L.P. and Joseph C. Cook III to file this joint statement on Schedule 13G.