Sec Form 13G Filing - BIOGEN INC. (BIIB) filing for Denali Therapeutics Inc. (DNLI) - 2024-11-07

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. 2)*

 

 

DENALI THERAPEUTICS INC.

(Name of Issuer)

Common Stock, $0.01 par value

(Title of Class of Securities)

24823R105

(CUSIP Number)

October 30, 2024

(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. 24823R105 

 

 1.   

 Names of Reporting Persons.

 

 Biogen Inc. 33-0112644

 2.  

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

 (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

 

   6.  

 Shared Voting Power

 

 7,155,243

   7.  

 Sole Dispositive Power

 

   8.  

 Shared Dispositive Power

 

 7,155,243

 9.   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 7,155,243

10.  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

 ☐

11.  

 Percent of Class Represented by Amount in Row (9)1

 

 4.97%

12.  

 Type of Reporting Person (See Instructions)

 

 CO


CUSIP No. 24823R105 

 

 1.   

 Names of Reporting Persons.

 

 Biogen MA Inc.

 2.  

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

 (a) ☐  (b) ☐

 

 3.  

 SEC Use Only

 

 4.  

 Citizenship or Place of Organization

 

 MASSACHUSETTS

Number of

Shares  Beneficially 

Owned by

Each

Reporting

Person

With:

   5.   

 Sole Voting Power

 

   6.  

 Shared Voting Power

 

 7,155,243

   7.  

 Sole Dispositive Power

 

   8.  

 Shared Dispositive Power

 

 7,155,243

 9.   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 7,155,243 shares

10.  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

 ☐

11.  

 Percent of Class Represented by Amount in Row (9)1

 

 4.97%

12.  

 Type of Reporting Person (See Instructions)

 

 CO

 

(1)

The percent ownership is calculated based upon an aggregate of 143,921,624 shares of common stock outstanding as of October 30, 2024, as reported in the Denali Therapeutics Inc. Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 6, 2024.


AMENDMENT NO. 2 TO SCHEDULE 13G (FINAL AMENDMENT)

Reference is hereby made to the statement on Schedule 13G relating to the Common Stock of the Issuer filed with the Securities and Exchange Commission by the Reporting Persons on September 28, 2020 (the “Schedule 13G”). Terms defined in the Schedule 13G are used herein as so defined.

The following items of the Schedule 13G are hereby amended and restated as follows:

 

Item 4.

Ownership.

 

  (a)

Amount beneficially owned:

See Row 9 of cover page.

 

  (b)

Percent of class:

See Row 11 of cover page.

 

  (c)

Number of shares as to which the person has:

 

  (i)

Sole power to vote or to direct the vot e:

See Row 5 of cover page.

 

  (ii)

Shared power to vote or to direct the vote:

See Row 6 of cover page.

 

  (iii)

Sole power to dispose or to direct the disposition of:

See Row 7 of cover page.

 

  (iv)

Shared power to dispose or to direct the disposition of:

See Row 8 of cover page.

 

Item 5.

Ownership of 5 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 5 percent of the class of securities, check the following ☒.


SIGNATURES

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.

BIOGEN INC.

By:  

/s/ Michael Dambach

  Name: Michael Dambach
  Title: Treasurer
BIOGEN MA INC.
By:  

/s/ Michael Dambach

  Michael Dambach
  Treasurer
Date: November 7, 2024