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.
- Peter Lynch
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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. )*
Oncocyte Corporation
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
68235C107
(CUSIP Number)
April 18, 2022
(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 (the “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: 68235C107
| 1 | NAME
OF REPORTING PERSON Halle Special Situations Fund 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, USA | |
|
NUMBER OF OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER 0
|
| 6 |
SHARED VOTING POWER 7,129,456 (1)
| |
| 7 |
SOLE DISPOSITIVE POWER 0
| |
| 8 |
SHARED DISPOSITIVE POWER 7,129,456
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,129,456 (1) | |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ | |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% (2) | |
| 12 | TYPE
OF REPORTING PERSON OO |
| (1) | The securities are held by Halle Special Situations Fund LLC. John Peter Gutfreund is the investment manager and a control person of Halle Capital Partners GP LLC, the managing member of Halle Special Situations Fund LLC. In such capacity, Mr. Gutfreund may be deemed to beneficially own these securities. Halle Special Situations Fund LLC also owns warrants to purchase 3,564,728 shares of common stock, subject to a beneficial ownership limitation of 4.9%. |
| (2) | Based upon 118,513,021 shares of common stock issued and outstanding, as reported by the Issuer in its prospectus supplement filed with the Securities and Exchange Commission pursuant to Rule 424(b)(5) on April 15, 2022. |
CUSIP: 68235C107
| 1 | NAME
OF REPORTING PERSON John Peter Gutfreund
|
||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
☐ |
||
| 3 | SEC USE ONLY | ||
| 4 | CITIZENSHIP
OR PLACE OF ORGANIZATION New York, USA | ||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5 |
SOLE VOTING POWER 0
|
| 6 |
SHARED VOTING POWER 7,129,456 (1) (2)
| |
| 7 |
SOLE DISPOSITIVE POWER 0
| |
| 8 |
SHARED DISPOSITIVE POWER 7,129,456
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,129,456 | |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ | |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% (3) | |
| 12 | TYPE
OF REPORTING PERSON IN |
| (1) | The securities are held by Halle Special Situations Fund LLC. John Peter Gutfreund is the investment manager and a control person of Halle Capital Partners GP LLC, the managing member of Halle Special Situations Fund LLC. In such capacity, Mr. Gutfreund may be deemed to beneficially own these securities. Halle Special Situations Fund LLC also owns warrants to purchase 3,564,728 shares of common stock, subject to a beneficial ownership limitation of 4.9%. |
| (2) | Mr. Gutfreund additionally has the right to acquire 768,941 shares of common stock upon the conversion of certain shares of Series A Convertible Preferred Stock, subject to beneficial ownership limitation of 4.9%. |
| (3) | Based upon 118,513,021 shares of common stock issued and outstanding, as reported by the Issuer in its prospectus supplement filed with the Securities and Exchange Commission pursuant to Rule 424(b)(5) on April 15, 2022. |
ITEM 1 (a): Name of Issuer:
Oncocyte Corporation (the “Issuer”)
ITEM 1(b): Address of Issuer’s Principal Executive Offices:
15 Cushing
Irvine, California 92618
ITEM 2 (a): Name of Person Filing:
This statement is jointly filed by and on behalf of each of Halle Special Situations Fund LLC and John Peter Gutfreund. Halle Special Situations Fund LLC and Mr. Gutfreund are the record and direct beneficial owners of the securities covered by this statement. Mr. Gutfreund is the managing partner and a control person of Halle Capital Partners GP LLC, the managing member of Halle Special Situations Fund LLC, and may be deemed to beneficially own securities owned by Halle Special Situations Fund LLC.
Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, the beneficial owner of any securities covered by this statement.
Each of the reporting persons may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for the purposes of Section 13(d) or 13(g) of the Act. Each of the reporting persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.
ITEM 2(b): Address of Principal Business Office or, if None, Residence:
The address of the principal business office of each of the reporting persons is 767 5th Avenue, 44th Floor, New York, NY 10153.
ITEM 2(c): Citizenship:
See Item 4 on the cover page(s) hereto.
ITEM 2(d): Title of Class of Securities:
Common Stock, no par value
ITEM 2(e): CUS IP Number:
68235C107
ITEM 3: If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person 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) | ☐ | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); |
| (k) | ☐ | Group, in accordance with §240.13d-1(b)(1)(ii)(K). |
If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
Not applicable.
ITEM 4: Ownership.
(a) Amount Beneficially Owned: See Item 9 on the cover page(s) hereto.
(b) Percent of Class: See Item 11 on the cover page(s) hereto.
(c) Number of Shares as to which such person has:
(i) Sole power to vote or to direct the vote: See Item 5 on the cover page(s) hereto.
(ii) Shared power to vote or to direct the vote: See Item 6 on the cover page(s) hereto.
(iii) Sole power to dispose or to direct the disposition of: See Item 7 on the cover page(s) hereto.
(iv) Shared power to dispose or to direct the disposition of: See Item 8 on the cover page(s) hereto.
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.
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 a 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, other than activities solely in connection with a nomination under § 240.14a-11.
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.
| Dated: April 18, 2022 | HALLE SPECIAL SITUATIONS FUND LLC | |
| By: | /s/ John Peter Gutfreund | |
| Name: | John Peter Gutfreund | |
| Title: | Managing Partner, Halle Special Situations Fund LLC by its Managing Member Halle Capital Partners GP LLC | |
| JOHn peter gutfreund | ||
| /s/ John Peter Gutfreund | ||
EXHIBIT INDEX
| Exhibit | Description of Exhibit | |
| 99.1 | Joint Filing Agreement (filed herewith). |