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OPKO Health Inc.

Major Shareholding Notification Aug 5, 2017

6963_rns_2017-08-05_49a45156-3ea3-46cd-8f11-8217f637dd81.pdf

Major Shareholding Notification

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FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL

OMB Number: 3235-0104
Estimated average burden hours
per response 0.5

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person
OPKO Health, Inc.
2. Date of Event Requiring
Statement (Month/Day/Year)
3. Issuer Name and Ticker or Trading Symbol
Sevion Therapeutics, Inc. [SVON]
(Last)
4400 Biscayne Blvd.
(First) (Middle) 07/28/2017 4. Relationship of Reporting Person(s) to
Issuer
(Check all applicable)
5. If Amendment, Date Original
Filed(Month/Day/Year)
(Street)
Miami
FL 33137 _ Director
_ Officer (give title
below)
X 10% Owner
____ Other (specify
below)
6. Individual or Joint/Group Filing (Check
Applicable Line)
X
Form filed by One Reporting Person
(City) (State) (Zip) ____ Form filed by More than One
Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
Owned
(Instr. 4)
2. Amount of Securities Beneficially 3. Ownership
Form: Direct (D)
or Indirect (I)
(Instr. 5)
(Instr. 5) 4. Nature of Indirect Beneficial Ownership
Common Stock 10,517,016 D

Table II - Derivative Securities Beneficially Owned ( e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and
Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities
Underlying Derivative Security
(Instr. 4)
4. Conversion or
Exercise Price of
Derivative
5. Ownership
Form of
Derivative
6. Nature of Indirect Beneficial
Ownership
(Instr. 5)
Date
Exercisable
Expiration
Date
Title Amount or Number
of Shares
Security Security: Direct
(D) or Indirect (I)
(Instr. 5)
(1)
0% Series C Convertible Perferred
(2) (2) Common
Stock
1,250,007 \$0.4 D
(3)
Warrant (Right to Buy)
05/16/2014 05/16/2019 Common
Stock
6,741 \$2 D
(1)
Warrant (Right to Buy)
07/27/2015 01/27/2018 Common
Stock
333,333 \$1.5 D
(1)
Convertible Promissory Note
02/24/2017 08/24/2017 Common
Stock
2,500,000 \$0.1 D
(1)
Convertible Promissory Note
11/10/2016 11/10/2017 Common
Stock
1,500,000 \$0.1 D

Explanation of Responses:

  • (1) The derivative security was previously subject to a "blocker" pursuant to which the reporting person was unable to convert the derivative security to the extent such conversion would result in the reporting person owning more than 4.99%.
  • (2) The convertible preferred stock is convertible at any time at the holder's option and has no expiration date.
  • (3) The derivative security was previously subject to a "blocker" pursuant to which the reporting person was unable to convert the derivative security to the extent such conversion would result in the reporting person owning more than 9.99%.

Adam Logal, Chief Financial Officer 08/04/2017 **Signature of Reporting Person Date

* 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.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

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