SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.    )*

 

 

MEIRAGTX HOLDINGS PLC

(Name of Issuer)

Ordinary Shares, $0.00003881 par value per share

(Title of Class of Securities)

G59665102

(CUSIP Number)

May 5, 2023

(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, as amended (“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).

Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications:

Taylor H. Wilson, Esq.

Haynes and Boone, LLP

2323 Victory Avenue, Suite 700

Dallas, Texas 75219-7673

(214) 651-5000

 

 

 


SCHEDULE 13G

 

CUSIP No. G59665102

 

  1    

  Names of Reporting Persons

 

  Prosight Management, LP

  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

 

  4,078,804

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  4,078,804

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  4,078,804

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)

 

  6.9% (1)

12  

  Type of Reporting Person (See Instructions)

 

  IA

 

(1)

Based upon (i) 48,726,401 Ordinary Shares of the Issuer outstanding as of April 12, 2023, as disclosed in the Issuer’s Proxy Statement that was filed on April 27, 2023, by the Issuer with the U.S. Securities and Exchange Commission (the “SEC”), and (ii) an aggregate of 10,773,913 Ordinary Shares issued by the Issuer in a private placement transaction which closed on May 5, 2023, as disclosed in the Issuer’s Quarterly Report on Form 10-Q, for the quarterly period ended March 31, 2023, that was filed on May 11, 2023, by the Issuer with the SEC.


SCHEDULE 13G

 

CUSIP No. G59665102

 

  1    

  Names of Reporting Persons

 

  Prosight Fund, LP

  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

 

  401,354

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  401,354

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  401,354

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)

 

  0.7% (1)

12  

  Type of Reporting Person (See Instructions)

 

  PN

 

(1)

Based upon (i) 48,726,401 Ordinary Shares of the Issuer outstanding as of April 12, 2023, as disclosed in the Issuer’s Proxy Statement that was filed on April 27, 2023, by the Issuer with the SEC, and (ii) an aggregate of 10,773,913 Ordinary Shares issued by the Issuer in a private placement transaction which closed on May 5, 2023, as disclosed in the Issuer’s Quarterly Report on Form 10-Q, for the quarterly period ended March 31, 2023, that was filed on May 11, 2023, by the Issuer with the SEC.


SCHEDULE 13G

 

CUSIP No. G59665102

 

  1    

  Names of Reporting Persons

 

  Prosight Plus Fund, LP

  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

 

  1,049,476

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  1,049,476

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  1,049,476

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)

 

  1.8% (1)

12  

  Type of Reporting Person (See Instructions)

 

  PN

 

(1)

Based upon (i) 48,726,401 Ordinary Shares of the Issuer outstanding as of April 12, 2023, as disclosed in the Issuer’s Proxy Statement that was filed on April 27, 2023, by the Issuer with the SEC, and (ii) an aggregate of 10,773,913 Ordinary Shares issued by the Issuer in a private placement transaction which closed on May 5, 2023, as disclosed in the Issuer’s Quarterly Report on Form 10-Q, for the quarterly period ended March 31, 2023, that was filed on May 11, 2023, by the Issuer with the SEC.


SCHEDULE 13G

 

CUSIP No. G59665102

 

  1    

  Names of Reporting Persons

 

  Prosight Partners, 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

 

  4,078,804

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  4,078,804

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  4,078,804

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)

 

  6.9% (1)

12  

  Type of Reporting Person (See Instructions)

 

  OO

 

(1)

Based upon (i) 48,726,401 Ordinary Shares of the Issuer outstanding as of April 12, 2023, as disclosed in the Issuer’s Proxy Statement that was filed on April 27, 2023, by the Issuer with the SEC, and (ii) an aggregate of 10,773,913 Ordinary Shares issued by the Issuer in a private placement transaction which closed on May 5, 2023, as disclosed in the Issuer’s Quarterly Report on Form 10-Q, for the quarterly period ended March 31, 2023, that was filed on May 11, 2023, by the Issuer with the SEC.


SCHEDULE 13G

 

CUSIP No. G59665102

 

  1    

  Names of Reporting Persons

 

  W. Lawrence Hawkins

  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

 

  2,000

   6   

  Shared Voting Power

 

  4,078,804

   7   

  Sole Dispositive Power

 

  2,000

   8   

  Shared Dispositive Power

 

  4,078,804

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  4,080,804

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)

 

  6.9% (1)

12  

  Type of Reporting Person (See Instructions)

 

  IN, HC

 

(1)

Based upon (i) 48,726,401 Ordinary Shares of the Issuer outstanding as of April 12, 2023, as disclosed in the Issuer’s Proxy Statement that was filed on April 27, 2023, by the Issuer with the SEC, and (ii) an aggregate of 10,773,913 Ordinary Shares issued by the Issuer in a private placement transaction which closed on May 5, 2023, as disclosed in the Issuer’s Quarterly Report on Form 10-Q, for the quarterly period ended March 31, 2023, that was filed on May 11, 2023, by the Issuer with the SEC.


Item 1.

 

(a)

Name of Issuer:

MeiraGTx Holdings plc (the “Issuer”)

 

(b)

Address of Issuer’s Principal Executive Offices:

450 East 29th Street, 14th Floor

New York, New York 10016

 

Item 2.

 

(a)

Name of Person Filing:

This statement is jointly filed by and on behalf of each of Prosight Management, LP, a Delaware limited partnership (“Prosight Management”), Prosight Fund, LP, a Delaware limited partnership (“Prosight Fund”), Prosight Plus Fund, LP, a Delaware limited partnership (“Prosight Plus Fund”), Prosight Partners, LLC, a Delaware limited liability company (“Prosight Partners”), and W. Lawrence Hawkins (collectively referred herein as “Reporting Persons”). Prosight Management is the general partner and investment manager of, and may be deemed to indirectly beneficially own securities owned by, Prosight Fund and Prosight Plus Fund. Prosight Management is a sub-advisor for certain separate managed accounts (collectively, the “Managed Accounts”) and may be deemed to indirectly beneficially own securities owned by the Managed Accounts. Prosight Partners is the general partner of, and may be deemed to beneficially own, securities beneficially owned by Prosight Management. Mr. Hawkins is the sole manager of, and may be deemed to beneficially own securities beneficially owned by, Prosight Partners. Prosight Fund, Prosight Plus Fund, the Managed Accounts, and Mr. Hawkins are the record and direct beneficial owner of the Ordinary Shares covered by this statement. Prosight Fund disclaims beneficial ownership of the Ordinary Shares held by each of the Managed Accounts, Prosight Plus Fund, and Mr. Hawkins. Prosight Plus Fund disclaims beneficial ownership of the Ordinary Shares held by each of the Managed Accounts, Prosight Fund, and Mr. Hawkins. Mr. Hawkins disclaims beneficial ownership of the Ordinary Shares held by each of the Managed Accounts, Prosight Fund, and Prosight Plus Fund.

Each Reporting Person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, the beneficial owner of any securities covered by this statement.

Each Reporting Person may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for the purpose of Section 13(d) or 13(g) of the Act. Each of the Reporting Persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purpose of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.

 

(b)

Address of Principal Business Office or, if None, Residence:

The address of the principal business office of each of the Reporting Persons is c/o Prosight Management, LP, 5956 Sherry Lane, Suite 1365, Dallas, Texas 75225.

 

(c)

Citizenship:

See Item 4 on the cover page(s) hereto.


(d)

Title and Class of Securities:

Ordinary Shares, $0.00003881 par value per share (“Ordinary Shares”)

 

(e)

CUSIP No.:

G59665102    

 

Item 3.

If this statement is filed pursuant to §§ 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 Act;
(b)       Bank as defined in Section 3(a)(6) of the Act;
(c)       Insurance company as defined in Section 3(a)(19) of the Act;
(d)       Investment company registered under Section 8 of the Investment Company Act of 1940;
(e)       An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f)       An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
(g)       A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
(h)       A savings associations 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;
(j)       A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
(k)       Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____

 

Item 4.

Ownership

 

(a)

Amount Beneficially Owned as of the time of filing: See Item 9 on the cover pages(s) hereto.

 

(b)

Percent of Class as of the time of filing: See Item 11 on the cover page(s) hereto.

 

(c)

As of the time of filing, number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: See Item 5 on the cover pages hereto.

 

  (ii)

Shared power to vote or to direct the vote: See Item 6 on the cover pages hereto.

 

  (iii)

Sole power to dispose or to direct the disposition of: See Item 7 on the cover pages hereto.

 

  (iv)

Shared power to dispose or to direct the disposition of: See Item 8 on the cover pages hereto.


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 Persons have ceased to be the beneficial owners of more than five percent of the class of securities, check the following [    ].

 

Item 6.

Ownership of more than Five Percent on Behalf of Another Person.

Not applicable

 

Item 7.

Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person.

Not applicable

 

Item 8.

Identification and classification of members of the group.

Not applicable

 

Item 9.

Notice of Dissolution of Group.

Not applicable

 

Item 10.

Certifications.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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.

Dated: May 12, 2023

 

PROSIGHT MANAGEMENT, LP
By:   Prosight Partners, LLC
Its:   General Partner
By:   /s/ W. Lawrence Hawkins
Name:   W. Lawrence Hawkins
Title:   Sole Manager
PROSIGHT FUND, LP
By:   Prosight Management, LP
Its:   General Partner
By:   Prosight Partners, LLC
Its:   General Partner
By:   /s/ W. Lawrence Hawkins
Name:   W. Lawrence Hawkins
Title:   Sole Manager
PROSIGHT PLUS FUND, LP
By:   Prosight Management, LP
Its:   General Partner
By:   Prosight Partners, LLC
Its:   General Partner
By:   /s/ W. Lawrence Hawkins
Name:   W. Lawrence Hawkins
Title:   Sole Manager
PROSIGHT PARTNERS, LLC
By:   /s/ W. Lawrence Hawkins
Name:   W. Lawrence Hawkins
Title:   Sole Manager
W. LAWRENCE HAWKINS
/s/ W. Lawrence Hawkins


EXHIBIT INDEX

 

Exhibit   

Description of Exhibit

99.1    Joint Filing Agreement (filed herewith).

 

EX-99.1

Exhibit 99.1

JOINT FILING AGREEMENT

May 12, 2023

Pursuant to and in accordance with the Securities Exchange Act of 1934, as amended (the “Act”), and the rules and regulations thereunder, each party hereto hereby agrees to the joint filing, on behalf of each of them, of any filing required by such party under Section 13 or Section 16 of the Act or any rule or regulation thereunder (including any amendment, restatement, supplement, and/or exhibit thereto) with the U.S. Securities and Exchange Commission (and, if such security is registered on a national securities exchange, also with the exchange), and further agrees to the filing, furnishing, and/or incorporation by reference of this agreement as an exhibit thereto. This agreement shall remain in full force and effect until revoked by any party hereto in a signed writing provided to each other party hereto, and then only with respect to such revoking party.

IN WITNESS WHEREOF, each party hereto, being duly authorized, has caused this agreement to be executed and effective as of the date first written above.

 

Date: May 12, 2023

   

PROSIGHT MANAGEMENT, LP

   

By:

 

Prosight Partners, LLC

   

Its:

 

General Partner

    By:   /s/ W. Lawrence Hawkins
   

Name:

 

W. Lawrence Hawkins

   

Title:

 

Sole Manager

   

PROSIGHT FUND, LP

   

By:

 

Prosight Management, LP

   

Its:

 

General Partner

   

By:

 

Prosight Partners, LLC

   

Its:

 

General Partner

    By:   /s/ W. Lawrence Hawkins
   

Name:

 

W. Lawrence Hawkins

   

Title:

 

Sole Manager

   

PROSIGHT PLUS FUND, LP

   

By:

 

Prosight Management, LP

   

Its:

 

General Partner

   

By:

 

Prosight Partners, LLC

   

Its:

 

General Partner

    By:   /s/ W. Lawrence Hawkins
   

Name:

 

W. Lawrence Hawkins

    Title:   Sole Manager


   

PROSIGHT PARTNERS, LLC

    By:   /s/ W. Lawrence Hawkins
   

Name:

 

W. Lawrence Hawkins

   

Title:

 

Sole Manager

   

W. LAWRENCE HAWKINS

    /s/ W. Lawrence Hawkins