Sec Form 13G Filing - AMP-CF Holdings LLC filing for BIOVENTUS INC (BVS) - 2022-02-11

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

(Amendment No.     )*

 

 

Bioventus Inc.

(Name of Issuer)

 

 

CLASS A COMMON STOCK, $0.001 PAR VALUE PER SHARE

(Title of Class of Securities)

09075A108

(CUSIP Number)

December 31, 2021

(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).

 

 

 


   SCHEDULE 13G   
CUSIP No. 09075A108       Page 2 of 16 Pages

 

  1.   

NAMES OF REPORTING PERSONS

 

AMP-CF Holdings, 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

 

3,255,332

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

3,255,332

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,255,332

10.  

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

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

5.47% (1)

12.  

TYPE OF REPORTING PERSON

 

OO

 

(1)

The percent of class was calculated based on 59,438,082 shares of Class A Common Stock outstanding as of November 9, 2021, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.


   SCHEDULE 13G   
CUSIP No. 09075A108       Page 3 of 16 Pages

 

  1.   

NAMES OF REPORTING PERSONS

 

Ampersand CF Limited Partnership

  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

 

3,255,332

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

3,255,332

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,255,332

10.  

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

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

5.47% (1)

12.  

TYPE OF REPORTING PERSON

 

PN

 

(1)

The percent of class was calculated based on 59,438,082 shares of Class A Common Stock outstanding as of November 9, 2021, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.


   SCHEDULE 13G   
CUSIP No. 09075A108       Page 4 of 16 Pages

 

  1.   

NAMES OF REPORTING PERSONS

 

AMP-CF Management Company Limited Partnership

  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

 

3,255,332

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

3,255,332

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,255,332

10.  

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

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

5.47% (1)

12.  

TYPE OF REPORTING PERSON

 

PN

 

(1)

The percent of class was calculated based on 59,438,082 shares of Class A Common Stock outstanding as of November 9, 2021, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.


   SCHEDULE 13G   
CUSIP No. 09075A108       Page 5 of 16 Pages

 

  1.   

NAMES OF REPORTING PERSONS

 

AMP-CF MC 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

 

3,255,332

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

3,255,332

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,255,332

10.  

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

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

5.47% (1)

12.  

TYPE OF REPORTING PERSON

 

OO

 

(1)

The percent of class was calculated based on 59,438,082 shares of Class A Common Stock outstanding as of November 9, 2021, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.


   SCHEDULE 13G   
CUSIP No. 09075A108       Page 6 of 16 Pages

 

  1.   

NAMES OF REPORTING PERSONS

 

Ampersand 2020 Limited Partnership

  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

 

3,255,332

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

3,255,332

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,255,332

10.  

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

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

5.47% (1)

12.  

TYPE OF REPORTING PERSON

 

PN

 

(1)

The percent of class was calculated based on 59,438,082 shares of Class A Common Stock outstanding as of November 9, 2021, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.


   SCHEDULE 13G   
CUSIP No. 09075A108       Page 7 of 16 Pages

 

  1.   

NAMES OF REPORTING PERSONS

 

AMP-20 Management Company Limited Partnership

  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

 

3,255,332

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

3,255,332

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,255,332

10.  

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

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

5.47% (1)

12.  

TYPE OF REPORTING PERSON

 

PN

 

(1)

The percent of class was calculated based on 59,438,082 shares of Class A Common Stock outstanding as of November 9, 2021, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.


   SCHEDULE 13G   
CUSIP No. 09075A108       Page 8 of 16 Pages

 

  1.   

NAMES OF REPORTING PERSONS

 

AMP-20 MC 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

 

3,255,332

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

3,255,332

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,255,332

10.  

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

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

5.47% (1)

12.  

TYPE OF REPORTING PERSON

 

OO

 

(1)

The percent of class was calculated based on 59,438,082 shares of Class A Common Stock outstanding as of November 9, 2021, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.


   SCHEDULE 13G   
CUSIP No. 09075A108       Page 9 of 16 Pages

 

  1.   

NAMES OF REPORTING PERSONS

 

Herbert H. Hooper

  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

 

3,255,332

   6.   

SHARED VOTING POWER

 

0

   7.   

SOLE DISPOSITIVE POWER

 

3,255,332

   8.   

SHARED DISPOSITIVE POWER

 

0

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,255,332

10.  

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

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

5.47% (1)

12.  

TYPE OF REPORTING PERSON

 

IN

 

(1)

The percent of class was calculated based on 59,438,082 shares of Class A Common Stock outstanding as of November 9, 2021, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.


   SCHEDULE 13G   
CUSIP No. 09075A108       Page 10 of 16 Pages

 

Item 1.       Issuer
   (a)    Name of Issuer:
      Bioventus Inc. (the “Issuer”)
   (b)    Address of Issuer’s Principal Executive Offices:
     

4721 Emperor Boulevard, Suite 100

Durham, NC 27703

Item 2.       Filing Person
   (a) – (c)   

Name of Persons Filing; Address; Citizenship:

 

AMP-CF Holdings, LLC

C/O Ampersand Capital Partners

55 William Street, Suite 240

Wellesley, Ma 02481

Place of Organization: Delaware

 

Ampersand CF Limited Partnership

C/O Ampersand Capital Partners

55 William Street, Suite 240

Wellesley, Ma 02481

Place of Organization: Delaware

 

AMP-CF Management Company Limited Partnership

C/O Ampersand Capital Partners

55 William Street, Suite 240

Wellesley, Ma 02481

Place of Organization: Delaware

 

AMP-CF MC LLC

C/O Ampersand Capital Partners

55 William Street, Suite 240

Wellesley, Ma 02481

Place of Organization: Delaware

 

Ampersand 2020 Limited Partnership

C/O Ampersand Capital Partners

55 William Street, Suite 240

Wellesley, Ma 02481

Place of Organization: Delaware

 

AMP-20 MC LLC

C/O Ampersand Capital Partners

55 William Street, Suite 240

Wellesley, Ma 02481

Place of Organization: Delaware

 

AMP-20 Management Company Limited Partnership

C/O Ampersand Capital Partners

55 William Street, Suite 240

Wellesley, Ma 02481

Place of Organization: Delaware


   SCHEDULE 13G   
CUSIP No. 09075A108       Page 11 of 16 Pages

 

     

Hooper, Herbert H

C/O Ampersand Capital Partners

55 William Street, Suite 240

Wellesley, Ma 02481

Citizenship: United States

   (d)    Title of Class of Securities:
      Class A common stock, par value $0.001 per share (“Class A Common Stock”)
   (e)   

CUSIP Number:

 

09075A108

Item 3.   

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 

Not applicable.

Item 4.    Ownership.
   (a)    See response to Item 9 on each cover page.
   (b)    See response to Item 11 on each cover page
   (c)   

(i) See response to Item 5 on each cover page

(ii) See response to Item 6 on each cover page

(iii) See response to Item 7 on each cover page

(iv) See response to Item 8 on each cover page

   These securities are held of record by AMP-CF Holdings, LLC (the “Investor”). Ampersand CF Limited Partnership (“AMP-CF LP”) and Ampersand 2020 Limited Partnership (“AMP-20 LP”) are the sole members and Managers of the Investor. AMP-CF Management Company Limited Partnership (“AMP-CF MCLP”) is the general partner of AMP-CF LP; AMP-CF MC LLC (“AMP-CF MCLLC”) is the general partner of AMP-CF MCLP; and Herbert H. Hooper is the Managing Member of AMP-CF MCLLC. AMP-20 Management Company Limited Partnership (“AMP-20 MCLP”) is the general partner of AMP-20 LP; AMP-20 MC LLC (“AMP-20 MCLLC”) is the general partner of AMP-20 MCLP; and Herbert H. Hooper is the Managing Member of AMP-20 MCLLC. By virtue of such relationships, AMP-CF LP; AMP-CF MCLP; AMP-CF MCLLC; AMP-20 LP; AMP-20 MCLP; AMP-20 MCLLC; and Herbert H. Hooper may be deemed to have voting and investment power with respect to the securities held by the Investor and as a result may be deemed to have beneficial ownership over such securities. Each of AMP-CF LP; AMP-CF MCLP; AMP-CF MCLLC; AMP-20 LP; AMP-20 MCLP; AMP-20 MCLLC; and Herbert H. Hooper disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, except to the extent of its or his pecuniary interest therein, if any.
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.


   SCHEDULE 13G   
CUSIP No. 09075A108       Page 12 of 16 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.

 

The Reporting Persons expressly disclaim membership in a “group” as used in Rule 13d-5(b)(1)..

Item 9.   

Notice of Dissolution of Group.

 

Not applicable.

Item 10.   

Certification.

 

By signing below each of the undersigned certifies that, to the best of its 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.


CUSIP No. 09075A108    SCHEDULE 13G    Page 13 of 16 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.

 

AMP-CF Holdings, LLC

      Date:

By:

  

    /s/ Dana L. Niles

      02/11/2022

Name: Dana L. Niles

Title: Chief Operating Officer

     
     

Ampersand CF Limited Partnership

     

By AMP-CF Management Company Limited Partnership, its general partner

     

By: AMP-CF MC LLC, its general partner

     
By:   

    /s/ Dana L. Niles

      02/11/2022

Name: Dana L. Niles

     

Title: Chief Operating Officer

     

AMP-CF Management Company Limited Partnership

     

By: AMP-CF MC LLC, its general partner

     
By:   

    /s/ Dana L. Niles

      02/11/2022

Name: Dana L. Niles

     

Title: Chief Operating Officer

     

AMP-CF MC LLC

     
By:   

    /s/ Dana L. Niles

      02/11/2022

Name: Dana L. Niles

     

Title: Chief Operating Officer

     

Ampersand 2020 Limited Partnership

     

By: AMP-20 Management Company Limited Partnership

     

By: AMP-20 MC LLC, its general partner

     
By:   

    /s/ Dana L. Niles

      02/11/2022

Name: Dana L. Niles

     

Title: Chief Operating Officer

     

AMP-20 Management Company Limited Partnership

     

By: AMP-20 MC LLC, its general partner

     
By:   

    /s/ Dana L. Niles

      02/11/2022

Name: Dana L. Niles

     

Title: Chief Operating Officer

     


CUSIP No. 09075A108    SCHEDULE 13G    Page 14 of 16 Pages

 

AMP-20 MC LLC       02/11/2022
By:   

    /s/ Dana L. Niles

     

Name: Dana L. Niles

Title: Chief Operating Officer

     

    /s/ Herbert H. Hooper

Herbert H. Hooper

      02/11/2022