SCYNEXIS INC — Director's Dealing 2021

Jan 26, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SCYNEXIS INC (SCYX)
CIK: 0001178253
Period of Report: 2020-12-21

Reporting Person: PERCEPTIVE ADVISORS LLC (10% Owner)
Reporting Person: PERCEPTIVE LIFE SCIENCES MASTER FUND LTD (10% Owner)
Reporting Person: EDELMAN JOSEPH (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2400000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Warrant (Right to Buy)	$7.33	2021-12-21	Common Stock (1200000)		Indirect
Warrant (Right to Buy)	$8.25	2024-05-21	Common Stock (1200000)		Indirect

Footnotes

F1: The securities are directly held by Perceptive Life Sciences Master Fund Ltd. (the "Master Fund"). Perceptive Advisors LLC (the "Advisor") serves as the investment manager of the Master Fund. The Advisor disclaims, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of its indirect pecuniary interest therein, and this report shall not be deemed an admission that the Advisor is the beneficial owner of such securities for purposes of Section 16 or for any other purposes. Joseph Edelman, the managing member of the Advisor, serves as a director of the Issuer and has filed a separate Form 3.

F2: The warrants cannot be exercised if the Reporting Persons would beneficially own more than 9.9% of the Issuer's common stock upon the exercise of the warrant.