Form SC 13G - Statement of Beneficial Ownership by Certain Investors
November 14 2024 - 5:39PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
SCHEDULE
13G
Under the Securities
Exchange Act of 1934
(Amendment No. )*
Marinus
Pharmaceuticals, Inc. |
(Name
of Issuer) |
Common
Stock, par value $0.001 per share |
(Title
of Class of Securities) |
September
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:
[X] 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).
1. |
NAME OF REPORTING PERSONS |
|
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES
ONLY) |
|
|
|
|
|
Sofinnova Investments, 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 |
|
|
|
|
|
California |
|
|
|
|
NUMBER OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH |
|
|
|
5. |
SOLE VOTING POWER |
|
|
|
|
|
0 |
|
|
|
|
6. |
SHARED VOTING POWER |
|
|
|
|
|
4,386,177 |
|
|
|
|
7. |
SOLE DISPOSITIVE POWER |
|
|
|
|
|
0 |
|
|
|
|
8. |
SHARED DISPOSITIVE POWER |
|
|
|
|
|
4,386,177 |
|
|
|
|
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON |
|
|
|
|
4,386,177 |
|
|
|
|
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
|
|
|
[_] |
|
|
|
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(9) |
|
|
|
|
|
8.0% |
|
|
|
|
12. |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) |
|
|
|
|
|
IA, CO |
|
1. |
NAME OF REPORTING PERSONS |
|
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES
ONLY) |
|
|
|
|
|
Sofinnova BioEquities GP LLC |
|
|
|
|
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 |
|
|
|
|
|
0 |
|
|
|
|
6. |
SHARED VOTING POWER |
|
|
|
|
|
3,404,246 |
|
|
|
|
7. |
SOLE DISPOSITIVE POWER |
|
|
|
|
|
0 |
|
|
|
|
8. |
SHARED DISPOSITIVE POWER |
|
|
|
|
|
3,404,246 |
|
|
|
|
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON |
|
|
|
|
3,404,246 |
|
|
|
|
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
|
|
|
[_] |
|
|
|
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(9) |
|
|
|
|
|
6.2% |
|
|
|
|
12. |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) |
|
|
|
|
|
OO |
|
1. |
NAME OF REPORTING PERSONS |
|
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES
ONLY) |
|
|
|
|
|
James Healy |
|
|
|
|
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 |
|
|
|
|
|
United States of America |
|
|
|
|
NUMBER OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH |
|
|
|
5. |
SOLE VOTING POWER |
|
|
|
|
|
0 |
|
|
|
|
6. |
SHARED VOTING POWER |
|
|
|
|
|
4,386,177 |
|
|
|
|
7. |
SOLE DISPOSITIVE POWER |
|
|
|
|
|
0 |
|
|
|
|
8. |
SHARED DISPOSITIVE POWER |
|
|
|
|
|
4,386,177 |
|
|
|
|
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON |
|
|
|
|
4,386,177 |
|
|
|
|
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
|
|
|
[_] |
|
|
|
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(9) |
|
|
|
|
|
8.0% |
|
|
|
|
12. |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) |
|
|
|
|
|
IN, HC |
|
1. |
NAME OF REPORTING PERSONS |
|
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES
ONLY) |
|
|
|
|
|
Eric Delbridge |
|
|
|
|
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 |
|
|
|
|
|
United States of America |
|
|
|
|
NUMBER OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH |
|
|
|
5. |
SOLE VOTING POWER |
|
|
|
|
|
0 |
|
|
|
|
6. |
SHARED VOTING POWER |
|
|
|
|
|
3,404,246 |
|
|
|
|
7. |
SOLE DISPOSITIVE POWER |
|
|
|
|
|
0 |
|
|
|
|
8. |
SHARED DISPOSITIVE POWER |
|
|
|
|
|
3,404,246 |
|
|
|
|
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON |
|
|
|
|
3,404,246 |
|
|
|
|
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
|
|
|
[_] |
|
|
|
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(9) |
|
|
|
|
|
6.2% |
|
|
|
|
12. |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) |
|
|
|
|
|
IN, HC |
|
Item 1. |
(a). |
Name of Issuer: |
|
|
|
|
|
|
|
Marinus Pharmaceuticals,
Inc. |
|
|
|
|
|
|
(b). |
Address of Issuer's Principal Executive Offices: |
|
|
|
|
|
|
|
5 Radnor Corporate Center, Suite 500
100 Matsonford Road
Radnor, Pennsylvania 19087
United States of America |
|
|
|
|
|
Item 2. |
(a). |
Name of Person Filing: |
|
|
|
|
|
|
|
Sofinnova Investments, Inc.
Sofinnova BioEquities GP
LLC
James Healy
Eric Delbridge |
|
|
|
|
|
|
(b). |
Address of Principal Business Office, or if
None, Residence: |
|
|
|
|
|
|
|
Sofinnova Investments, Inc.
3000 Sand Hill Road, Building
3, Suite 150
Menlo Park, California 94025
United States of America
Sofinnova BioEquities GP
LLC
3000 Sand Hill Road, Building
3, Suite 150
Menlo Park, California 94025
United States of America
James Healy
c/o Sofinnova Investments,
Inc.
3000 Sand Hill Road, Building
3, Suite 150
Menlo Park, California 94025
United States of America
Eric Delbridge
c/o Sofinnova BioEquities
GP LLC
3000 Sand Hill Road, Building
3, Suite 150
Menlo Park, California 94025
United States of America |
|
|
(c). |
Citizenship: |
|
|
|
|
|
|
|
|
|
Sofinnova Investments, Inc.
– California
Sofinnova BioEquities GP
LLC – Delaware
James Healy – United
States of America
Eric Delbridge – United
States of America |
|
|
|
(d). |
Title of Class of Securities: |
|
|
|
|
|
|
|
|
|
Common
Stock, par value $0.001 per share |
|
|
|
|
|
|
|
|
(e). |
CUSIP Number: |
|
|
|
|
|
|
|
|
|
56854Q200 |
|
|
|
|
|
|
|
|
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Item 3. |
|
If This Statement is filed pursuant
to ss.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 Exchange Act (15 U.S.C. 78c). |
|
|
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(b) |
[_] |
Bank as defined in Section 3(a)(6) of the Exchange
Act (15 U.S.C. 78c). |
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(c) |
[_] |
Insurance company as defined in Section 3(a)(19)
of the Exchange Act (15 U.S.C. 78c). |
|
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(d) |
[_] |
Investment company registered under Section 8
of the Investment Company Act of 1940 (15 U.S.C. 80a-8). |
|
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|
|
(e) |
[X] |
An investment adviser in accordance with §
240.13d-1(b)(1)(ii)(E); |
|
|
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|
|
(f) |
[_] |
An employee benefit plan or endowment fund in
accordance with § 240.13d-1(b)(1)(ii)(F); |
|
|
|
|
|
(g) |
[X] |
A parent holding company or control person in
accordance with Rule 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) |
[_] |
Group, in accordance with s.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: |
|
|
|
|
|
Sofinnova Investments, Inc.
– 4,386,177
Sofinnova BioEquities GP
LLC – 3,404,246
James Healy – 4,386,177
Eric Delbridge – 3,404,246 |
|
|
|
|
(b) |
Percent of class: |
|
|
|
|
|
Sofinnova Investments, Inc.
– 8.0%
Sofinnova BioEquities GP
LLC – 6.2%
James Healy – 8.0%
Eric Delbridge – 6.2% |
|
|
|
|
(c) |
Number of shares as to which the
person has: |
|
|
|
|
|
(i) |
Sole power to vote or to direct the
vote |
|
|
|
Sofinnova Investments, Inc.
– 0
Sofinnova BioEquities GP
LLC – 0
James Healy – 0
Eric Delbridge – 0
|
|
|
(ii) |
Shared power to vote or to direct the vote |
|
|
|
Sofinnova Investments, Inc.
– 4,386,177
Sofinnova BioEquities GP
LLC – 3,404,246
James Healy – 4,386,177
Eric Delbridge – 3,404,246 |
|
|
|
|
|
|
(iii) |
Sole power to dispose or to direct the disposition
of |
|
|
|
Sofinnova Investments, Inc.
– 0
Sofinnova BioEquities GP
LLC – 0
James Healy – 0
Eric Delbridge – 0 |
|
|
|
|
|
|
(iv) |
Shared power to dispose or to direct the disposition
of |
|
|
|
Sofinnova Investments, Inc.
– 4,386,177
Sofinnova BioEquities GP
LLC – 3,404,246
James Healy – 4,386,177
Eric Delbridge – 3,404,246 |
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 [_]. |
|
|
N/A |
|
|
Item 6. |
Ownership of More Than Five Percent on Behalf
of Another Person. |
|
|
|
If any other person is known
to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities,
a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of
the class, such person should be identified. A listing of the shareholders of an investment company registered under the
Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. |
|
|
All
of the securities reported in this Schedule 13G are directly owned by advisory clients of Sofinnova Investments, Inc. and/or Sofinnova
BioEquities GP LLC. None of those advisory clients may be deemed to beneficially own more than 5% of the Common Stock,
par value $0.001 per share. |
|
|
Item 7. |
Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the Parent Holding Company. |
|
|
|
If a parent holding company
has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity
and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant
to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. |
|
|
|
Please
see Exhibit B attached hereto. |
|
|
Item 8. |
Identification and Classification
of Members of the Group. |
|
|
|
If
a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J),
so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If
a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each
member of the group. |
|
|
|
N/A |
|
|
Item 9. |
Notice of Dissolution of
Group. |
|
|
|
Notice
of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect
to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See
Item 5. |
|
|
|
N/A |
Item 10. |
Certification. |
|
|
|
By signing below
I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary
course of business and 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.
|
November
14, 2024 |
|
(Date) |
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SOFINNOVA INVESTMENTS, INC.* |
|
|
|
|
By: |
/s/ James Healy |
|
|
Name: James Healy |
|
|
Title: Director |
|
|
|
|
|
|
|
Sofinnova
BioEquities GP LLC* |
|
|
|
|
By: |
/s/ Eric Delbridge |
|
|
Name: Eric Delbridge |
|
|
Title: Managing Member |
|
|
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|
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|
JAMES HEALY* |
|
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By: |
/s/ James Healy |
|
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|
ERIC DELBRIDGE* |
|
|
|
|
By: |
/s/ Eric Delbridge |
|
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|
* This Reporting
Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this
report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section
16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
The original
statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is
signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person,
evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that
a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any
title of each person who signs the statement shall be typed or printed beneath his signature.
Note. Schedules
filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s.240.13d-7 for other
parties for whom copies are to be sent.
Attention. Intentional
misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).
Exhibit A
AGREEMENT
The
undersigned agree that this Schedule 13G dated November 14, 2024 relating to the Common Stock, par value $0.001 per share, of Marinus
Pharmaceuticals, Inc. shall be filed on behalf of the undersigned.
|
SOFINNOVA INVESTMENTS, INC. |
|
|
|
|
By: |
/s/ James Healy |
|
|
Name: James Healy |
|
|
Title: Director |
|
|
|
|
|
|
|
Sofinnova
BioEquities GP LLC |
|
|
|
|
By: |
/s/ Eric Delbridge |
|
|
Name: Eric Delbridge |
|
|
Title: Managing Member |
|
|
|
|
|
|
|
JAMES HEALY |
|
|
|
|
By: |
/s/ James Healy |
|
|
|
|
ERIC DELBRIDGE |
|
|
|
|
By: |
/s/ Eric Delbridge |
|
|
|
Exhibit B
Sofinnova Investments, Inc. and Sofinnova
BioEquities GP LLC are the relevant entities for which James Healy and Eric Delbridge, respectively, may be considered control persons.
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