Sec Form 13G Filing - Morningside Technology Ventures Ltd @ Rockley Photonics Holdings Ltd

Sec Form 13G Filing - Morningside Technology Ventures Ltd filing for Rockley Photonics Holdings Ltd (RKLY) - 2022-03-29

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. 1)*

ROCKLEY PHOTONICS HOLDINGS LTD

(Name of Issuer)

Ordinary Shares, nominal value $0.000004026575398 per share

(Title of Class of Securities)

G7614L109

(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).

CUSIP No. G7614L109

(1)	Based upon 128,470,241 ordinary shares outstanding as of March 3, 2022, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission (the “SEC”) on March 10, 2022.

CUSIP No. G7614L109

(1)	Based upon 128,470,241 ordinary shares outstanding as of March 3, 2022, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission (the “SEC”) on March 10, 2022.

CUSIP No. G7614L109

(1)	Based upon 128,470,241 ordinary shares outstanding as of March 3, 2022, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission (the “SEC”) on March 10, 2022.

CUSIP No. G7614L109

(1)	Based upon 128,470,241 ordinary shares outstanding as of March 3, 2022, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission (the “SEC”) on March 10, 2022.

CUSIP No. G7614L109

(1)	Based upon 128,470,241 ordinary shares outstanding as of March 3, 2022, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission (the “SEC”) on March 10, 2022.

CUSIP No. G7614L109

(1)	Based upon 128,470,241 ordinary shares outstanding as of March 3, 2022, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission (the “SEC”) on March 10, 2022.

CUSIP No. G7614L109

(1)	Based upon 128,470,241 ordinary shares outstanding as of March 3, 2022, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission (the “SEC”) on March 10, 2022.

CUSIP No. G7614L109

(1)	Based upon 128,470,241 ordinary shares outstanding as of March 3, 2022, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission (the “SEC”) on March 10, 2022.

Explanatory Note

This Amendment No. 1 to the statement on Schedule 13G (this “Amendment No. 1”) amends and restates the statement on Schedule 13G filed on February 16, 2022.

Item 1.

(a)

Name of Issuer

Rockley Photonics Holdings Ltd.

(b)

Address of Issuer’s Principal Executive Offices

Harbour Place, 2^nd Floor, 103 South Church Street

George Town, Cayman Islands, KY1-1106

Item 2.

(a)

Name of Person Filing

Morningside Technology Ventures Ltd (“Morningside”)

MTVL, LLC

Frances Anne Elizabeth Richard

Cheung Ka Ho

Jill Marie Franklin

Peter Stuart Allenby Edwards

Cheng Yee Wing Betty

Wong See Wai

(b)

Address of Principal Business Office or, if none, Residence

With respect to Morningside, Ms. Richard, Mr.Cheung, Ms. Franklin and Mr. Edwards:

c/o THC Management Services S.A.M.

2nd Floor, Le Prince De Galles

3-5 Avenue Des Citronniers

MC 98000, Monaco

With copies to:

Morningside Technology Advisory, LLC

Attn: Stephanie O’Brien, Esq.

1188 Centre Street

Newton Centre, MA 02459

Springfield Financial Advisory Limited

Attn: Alice Li/Makim Ma

22nd Floor Hang Lung Centre

2-20 Paterson Street

Causeway Bay, Hong Kong

With respect to MTVL, Ms. Cheng and Mr. Wong:

22nd Floor Hang Lung Centre, 2-20 Paterson Street

Causeway Bay, Hong Kong

With copies to:

Morningside Technology Advisory, LLC

Attn: Stephanie O’Brien, Esq.

1188 Centre Street

Newton Centre, MA 02459

Springfield Financial Advisory Limited

Attn: Alice Li/Makim Ma

22nd Floor Hang Lung Centre

2-20 Paterson Street

Causeway Bay, Hong Kong


		(c)		Citizenship Morningside Technology Ventures Ltd – British Virgin Islands MTVL, LLC – Delaware Frances Anne Elizabeth Richard - United Kingdom Cheung Ka Ho – Hong Kong Jill Marie Franklin – United Kingdom Peter Stuart Allenby Edwards – United Kingdom Cheng Yee Wing Betty - Hong Kong Wong See Wai - Hong Kong
		(d)		Title of Class of Securities Ordinary Shares
		(e)		CUSIP Number G7614L109

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 associations 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)	☐	Group, in accordance with §240.13d–1(b)(1)(ii)(J).

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: Morningside Technology Ventures Ltd – 6,043,358 shares MTVL, LLC - 4,016,688 shares
	Frances Anne Elizabeth Richard – 6,043,358 shares Cheung Ka Ho – 6,043,358 shares Jill Marie Franklin – 6,043,358 shares Peter Stuart Allenby Edwards – 6,043,358 shares Cheng Yee Wing Betty - 4,016,688 shares Wong See Wai - 4,016,688 shares
(b)	Percent of class: Morningside Technology Ventures Ltd – 4.70% MTVL, LLC – 3.13% Frances Anne Elizabeth Richard – 4.70% Cheung Ka Ho – 4.70% Jill Marie Franklin – 4.70% Peter Stuart Allenby Edwards – 4.70% Cheng Yee Wing Betty – 3.13% Wong See Wai – 3.13%
(c)	Number of shares as to which the person has:
	(i)	Sole power to vote or to direct the vote Morningside Technology Ventures Ltd – 0 shares MTVL, LLC – 0 shares Frances Anne Elizabeth Richard – 0 shares Cheung Ka Ho – 0 shares Jill Marie Franklin – 0 shares Peter Stuart Allenby Edwards – 0 shares Cheng Yee Wing Betty – 0 shares Wong See Wai – 0 shares
	(ii)	Shared power to vote or to direct the vote Morningside Technology Ventures Ltd – 6,043,358 shares MTVL, LLC - 4,016,688 shares Frances Anne Elizabeth Richard – 6,043,358 shares Cheung Ka Ho – 6,043,358 shares Jill Marie Franklin – 6,043,358 shares Peter Stuart Allenby Edwards – 6,043,358 shares Cheng Yee Wing Betty - 4,016,688 shares Wong See Wai - 4,016,688 shares
	(iii)	Sole power to dispose or to direct the disposition of Morningside Technology Ventures Ltd – 0 shares MTVL, LLC – 0 shares Frances Anne Elizabeth Richard – 0 shares Cheung Ka Ho – 0 shares Jill Marie Franklin – 0 shares Peter Stuart Allenby Edwards – 0 shares Cheng Yee Wing Betty – 0 shares Wong See Wai – 0 shares

(iv)

Shared power to dispose or to direct the disposition of

Morningside Technology Ventures Ltd – 6,043,358 shares

MTVL, LLC - 4,016,688 shares

Frances Anne Elizabeth Richard – 6,043,358 shares

Cheung Ka Ho - 6,043,358 shares

Jill Marie Franklin – 6,043,358 shares

Peter Stuart Allenby Edwards – 6,043,358 shares

Cheng Yee Wing Betty - 4,016,688 shares

Wong See Wai - 4,016,688 shares

This statement is filed by: (i) Morningside Technology Ventures Ltd., a British Virgin Islands exempted company (“Morningside”), with respect to the Common Stock directly and beneficially owned by it; (ii) MTVL, LLC, a Delaware limited liability company, with respect to the Common Stock directly and beneficially owned by it; (iii) Frances Anne Elizabeth Richard, with respect to the Common Stock beneficially owned by her as a result of her position as a director with Morningside; (iv) Cheung Ka Ho, with respect to the Common Stock beneficially owned by him as a result of his position as a director with Morningside; (v) Jill Marie Franklin, with respect to the Common Stock beneficially owned by her as a result of her position as a director of Morningside; (vi) Peter Stuart Allenby Edwards, with respect to the Common Stock beneficially owned by him as a result of his position as a director with Morningside; (vii) Cheng Yee Wing Betty, with respect to the Common Stock beneficially owned by her as a result of her position as a manager with MTVL, LLC; and (viii) Wong See Wai, with respect to the Common Stock beneficially owned by him as a result of his position as a manager with MTVL, LLC. Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.”

Frances Anne Elizabeth Richard, Cheung Ka Ho, Jill Marie Franklin, and Peter Stuart Allenby Edwards are the directors of Morningside and share voting and dispositive power with respect to the securities held by Morningside and MTVL. Ms. Richard, Mr. Cheung, Ms. Franklin and Mr. Edwards each disclaim beneficial ownership of the securities owned directly by Morningside and MTVL. Cheng Yee Wing Betty and Wong See Wai are the managers of Morningside and share voting and dispositive power with respect to the securities held by MTVL. Ms. Cheng and Mr. Wong each disclaim beneficial ownership of the securities owned directly by MTVL. Morningside is ultimately wholly beneficially owned by a family trust established by Madam Chan Tan Ching Fen.

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 person has 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 or Control Person

Not applicable.

Item 8.

Identification and Classification of Members of the Group

See attached for identification of Members of the Group.

Item 9.

Notice of Dissolution of Group

Not applicable.

Item 10.

Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to abo ve 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. We also hereby agree to file this statement jointly pursuant to the Agreement listed on Exhibit 99.1 hereto.


		March 29, 2022
		Date

		MORNINGSIDE TECHNOLOGY VENTURES LTD.

By:		/s/ Frances Anne Elizabeth Richard
		Frances Anne Elizabeth Richard, Director

		MTVL, LLC

By:		/s/ Cheng Yee Wing Betty
		Cheng Yee Wing Betty, Manager

		/s/ Frances Anne Elizabeth Richard
		Frances Anne Elizabeth Richard

		/s/ Cheung Ka Ho
		Cheung Ka Ho

		/s/ Jill Marie Franklin
		Jill Marie Franklin

		/s/ Peter Stuart Allenby Edwards
		Peter Stuart Allenby Edwards

		/s/ Cheng Yee Wing Betty
		Cheng Yee Wing Betty

		/s/ Wong See Wai
		Wong See Wai

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)

Morningside Technology Ventures Ltd

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

(a) ☒ (b) ☐

SEC Use Only

Citizenship or Place of Organization

British Virgin Islands