Initial Statement of Beneficial Ownership (3)
24 Juin 2023 - 1:20AM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Pillar Invest Corp |
2. Date of Event Requiring Statement (MM/DD/YYYY)
5/16/2023
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3. Issuer Name and Ticker or Trading Symbol
Aceragen, Inc. [ACGN]
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(Last)
(First)
(Middle)
C/O STUARTS CORPORATE SERVICES LTD., KENSINGTON HOUSE, 69 DR. ROY'S DRIVE |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director ___X___ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Street)
GEORGETOWN, GRAND CAYMAN, E9 KY1-1104
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 355247 | I | By Pillar Partners Foundation, L.P. (1) |
Common Stock | 135540 | I | By Pillar Pharmaceuticals 6, L.P (1) |
Common Stock | 170712 | I | By Abude Umari (1) |
Common Stock | 1547 | I | By Youssef El Zein (1) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Warrants | 7/13/2020 | 7/13/2023 | Common Stock | 162601 (2) | $0.01 | I | By Pillar Partners Foundation, L.P. (1) |
Warrants | 12/11/2020 | 12/11/2023 | Common Stock | 35687 (2) | $0.01 | I | By Pillar Partners Foundation, L.P. (1) |
Warrants | 12/11/2020 | 12/11/2023 | Common Stock | 45114 (2) | $0.01 | I | By Pillar Pharmaceuticals 6, L.P. (1) |
Explanation of Responses: |
(1) | Pillar Invest Corporation ("Pillar GP") is the general partner of Pillar Pharmaceuticals 6, L.P. ("Pillar 6") and Pillar Partners Foundation, L.P. ("Pillar Partners", together with Pillar GP and Pillar 6, the "Pillar Funds"). Youssef El Zein and Abude Umari are directors of Pillar GP. Each of Pillar GP, Mr. El Zein and Mr. Umari disclaims Section 16 beneficial ownership of the securities beneficially owned by the Pillar Funds and this report shall not be deemed an admission that any of Pillar GP, Mr. El Zein or Mr. Umari is the Section 16 beneficial owner of any such securities, except to the extent of its or his pecuniary interest therein, if any, by virtue of its or his ownership interest in the Pillar Funds or Pillar GP, as applicable. |
(2) | The warrants are exercisable subject to a beneficial ownership blocker provision that prevents the holder from exercising the warrants if such exercise would result in the holder beneficially owning more than 19.99% of the Issuer's Common Stock outstanding following such exercise. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Pillar Invest Corp C/O STUARTS CORPORATE SERVICES LTD. KENSINGTON HOUSE, 69 DR. ROY'S DRIVE GEORGETOWN, GRAND CAYMAN, E9 KY1-1104 |
| X |
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Pillar Partners Foundation, L.P. C/O STUARTS CORPORATE SERVICES LTD. KENSINGTON HOUSE, 69 DR. ROY'S DRIVE GEORGETOWN, GRAND CAYMAN, E9 KY1-1104 |
| X |
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Pillar Pharmaceuticals 6, L.P. C/O STUARTS CORPORATE SERVICES LTD. KENSINGTON HOUSE, 69 DR. ROY'S DRIVE GEORGETOWN, GRAND CAYMAN, E9 KY1-1104 |
| X |
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Umari Abude C/O STUARTS CORPORATE SERVICES LTD. KENSINGTON HOUSE, 69 DR. ROY'S DRIVE GEORGETOWN, GRAND CAYMAN, E9 KY1-1104 |
| X |
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ZEIN YOUSSEF EL C/O STUARTS CORPORATE SERVICES LTD. KENSINGTON HOUSE, 69 DR. ROY'S DRIVE GEORGETOWN, GRAND CAYMAN, E9 KY1-1104 |
| X |
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Signatures
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Pillar Invest Corporation, /s/ Youssef El Zein, Authorized Person | | 6/23/2023 |
**Signature of Reporting Person | Date |
Pillar Partners Foundation, L.P., /s/ Youssef El Zein, Authorized Person | | 6/23/2023 |
**Signature of Reporting Person | Date |
Pillar Pharmaceuticals, 6, L.P., /s/ Youssef El Zein, Authorized Person | | 6/23/2023 |
**Signature of Reporting Person | Date |
/s/ Abude Umari | | 6/23/2023 |
**Signature of Reporting Person | Date |
/s/ Youssef El Zein | | 6/23/2023 |
**Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
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