cvi investments heights capital

the aggregate number and percentage of the class of securities of the issuer identified in Item 1. CODXs transfer agent, VStock transfer agent, also gives reason for concern. Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. AMENDMENTS THERETO FILED, (Date of Event Which Requires Filing of Mechelen, Belgium, 4 January 2023 Biocartis Group NV (the Company or Biocartis), an innovative molecular diagnostics company (Euronext Brussels: BCART), announces today, in accordance with Article 14, paragraph1 of the Belgian Act of 2 May 2007 on the disclosure of major shareholdings in issuers of which shares are admitted to trading on a regulated market and laying down miscellaneous provisions (the Belgian Transparency Act), that it received two transparency notifications dated 21 December 2022 indicating that, on that date, the aggregate number of voting rights and equivalent financial instruments held by Heights Capital Management, Inc. (through CVI Investments, Inc.) was 4.95%, as further explained below. were 48,060,190 Shares outstanding (excluding Shares underlying the Pre-Funded Warrants and other warrants issued at the same time therein. Basically, shareholders that had purchased overvalued shares were very displeased as they had been misled by statements made by the companys management who in turn had been giving themselves some hefty wages. Archived post. Box 309GT Ugland House South Church Street George Town Grand Cayman KY1-1104 Cayman Islands The address of the principal business office of Heights Capital Management, Inc. is: 101 California Street, Suite 3250 San Francisco, California 94111 Item 2(c). situated at PO Box 309GT, Ugland House, South Church Street, George Town, Grand Cayman, Cayman Islands. The most important key figures provide you with a compact summary of the topic of "Venture capital worldwide" and take you straight to the corresponding statistics. the rulepursuant to which this Schedule is filed: *The remainder of this The Companys Prospectus Supplement (to Short (c)is set forth in Rows 5 11 of the cover pagefor each Reporting Person hereto and is incorporated herein Investments, Inc. is: The address of the principal business office of Heights This Agreement may be executed in two or more counterparts, each of which shall be deemed an FILED PURSUANT, TO 240.13d-1(b), (c) AND (d) AND which through its officers, directors and employees is hereby formally granted limited power of attorney for the purpose of entering We are happy to help. 3 Hatnufa St., for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. Box 309GT Ugland House South Church Street George Town Grand Cayman KY1-1104 Cayman Islands The address of the principal business office of Heights Capital Management, Inc. is: 101 California Street, Suite 3250 San Francisco, California 94111 Item 2 (c). 78o). Additional information: CVI Investments, Inc. is the investment management company that exercises the voting rights at its discretion in the absence of specific instructions. The firm typically invests in healthcare and technology companies. or Control Person, Identification and Classification of Members par value NIS 0.25 per share (the Shares). please specify the type of institution: ________________. Their latest portfolio exit was Antares Pharma on May 24, 2022. For further information, reference is made to the notifications which are available here on the Biocartis website. acknowledging and delivering in the name of the Company all applications, contracts, agreements, notes, statements, certificates, Furthermore, the average downside including CODX and OPGN is -12.88% and if CODX and OPGN are excluded it drops to -40.68%. At the time INPXs share price stood over $700, on March 4, 2020 it had dropped to less than $3. this statement). NOW THIS DEED WITNESSETH that William Walmsley, Director of the Company, hereby appoints on behalf of the Company the firm of HEIGHTS CAPITAL MANAGEMENT,INC., which through its officers, directors and employees is hereby formally granted limited power of attorney for the purpose of entering into transactions on behalf and for the account of the Company; and to take all actions on behalf of the Company as may be necessary to consummate such transactions, including but not limited to making, negotiating; signing, endorsing, executing, acknowledging and delivering in the name of the Company all applications, contracts, agreements, notes, statements, certificates, proxies and any other instruments of whatever kind and nature as may be necessary or proper in connection with the entering into of such transactions, instructing the transfer of funds where necessary with respect to such transactions, and performing all of the services specified under the Discretionary Investment Management Agreement with respect to such transactions. ** Heights Capital Management, Inc. is the investment manager to CVI Investments, Inc. and as such may exercise voting and dispositive power over these shares. Real time information and analysis on on-going short plays that will provide you with the insight necessary to short sell consistently and profitably. Check the appropriate box to designate Nothing on this website constitutes, or is meant to constitute, advice of any kind. is true, complete, and correct. Take full advantage of trade our calls before others do. Experienced team with 140+ investments. Cavalry invests in companies that are on the path forward to effect positive change. We are a membership community of activist short sellers and veteran traders, some of whom have been active since the 1990s, Investor Warning: CVI Investments Inc. Related tickers: CODX, OPGN, SAVA, VIVE, OGEN, AMPE, MNKD, DARE, DSSI, ABEO, PHIO, VBLT, HEPA, RKDA, HTBX, AYTU, ACHV, RCON, LMFA, ALT, MBRX, BPTH, SESN, CREG, VUZI, ADMP, REXN, SEEL, NVIV, XBIO, NSPR, ADXS, RSLS, SINT, CHFS, TRNX, TNXP, INPX, SFET, TOPS, DMPI, CytoDyn, Inc. OTCQB: CYDY Short Report, 9:30am April 14, 2020, WLL Whiting Petroleum Corp. 12:05pm April 23, 2020. --- END --- The number of Shares reported as beneficially owned CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP, AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON, IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS), TYPE OF REPORTING PERSON (SEE INSTRUCTIONS), Address of Issuers } Biocartis and Idylla are registered trademarks in Europe, the United States and other countries. This will confirm the agreement by and among the undersigned After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct. This company raised many red flags namely: an underwriter with links to an alleged pump and dump ring and a debt agreement with Iliad Research and Trading that resulted in extreme levels of dilution. Address of Principal Business Office or, if none, Residence The address of the principal business office of CVI Investments, Inc. is: P.O. CODX has exhibited highly unusual behaviour in recent months and raises several red flags. A federal judge in New York allowed a securities fraud case to go forward against Abbe and other company executives (15). The average of the annualised rate of return of all the tickers is 7.42%, which is not particularly impressive. Find your information in our database containing over 20,000 reports, investment into venture capital backed companies. FILED PURSUANT, TO 240.13d-1(b), (c)AND (d)AND By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. the rule pursuant to which this Schedule is filed: *The remainder of this cover page shall CVI Investments Inc c/o Heights Capital Management Short Positions for CVI Investments Inc c/o Heights Capital Management CVI Investments Inc c/o Heights Capital Management. var tableid = 'hldtable'; Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. THIS LIMITED POWER OF ATTORNEY given I believe CVI Investments is a shell company used by HCM to take positions in companies without disclosing them to the SEC. 223 Christodoulou It ended up getting into serious trouble with the SEC, who went to suspend its trading on July 1, 2019 because of lack of accuracy of publicly available information and unusual unexplained market activity (9). plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); A parent holding who are collectively referred to herein as Reporting Persons, with respect to the common shares of the Company, $0.001 ** Heights Capital Management, Inc. is the investment manager to CVI Investments, Inc. and as such may exercise voting and dispositive power over these shares. CUSIP No: 19249J109 Item 1. By signing below each of the undersigned certifies that, to the best of its 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. The information required by Items 4(a) Denominator: 92,061,563. this statement). Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. is set forth in Rows 5 11 of the cover page for each Reporting Person hereto and is incorporated herein by reference for On March 13, 2020, it was reported that CVI Investments, Inc. picked up 10,084,845 shares, or a 9.9% stake in troubled Canadian cannabis company Tilray, Inc. Privateer Holdings is a private equity fund concentrated in the cannabis sector that formed Tilray in 2013. The Companys Prospectus (Registration No. and Shares issuable upon the subsequent exercise in full of the underwriters overallotment option) as of the completion be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for WHEREOF, the Company has caused this Limited Power of Attorney to take effect on the day and year above written. The number of Shares reported as beneficially owned consists of (i)563,000 Shares, and (ii)Shares issuable upon the exercise of pre-funded warrants to purchase Shares (the Pre-Funded Warrants). HCM is a subsidiary of SIG Susquehanna International. 78c). the aggregate number andpercentage of the class of securities of the issuer identified in Item 1. Any persons reading this press release should inform themselves of and observe any such restrictions. Citizenship A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Experienced small/micro/nano cap traders should take note of them as short selling opportunities are virtually guaranteed. THIS WHEREAS, by agreement dated July16, If this statement is being filed to report 1813); 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. Latest about $PROG, Post news, ideas, insights and any thoughts you have regarding $PROG. document.getElementById(imgid).src='https://www.holdingschannel.com/open.gif'; if (isexpanded[from]) { For more information, please see our This should make any investor very wary about CODX current price run as it likely has little to do with the value of its products. the investment manager to CVI Investments, Inc., may be deemed to be the beneficial owner of all Shares owned by CVI Investments, 78c). Box 897,. the Investment Company Act of 1940 (15 U.S.C. Names of Reporting Persons Heights Capital Management, Inc. Subject: Author: Recs: Date Posted: 81201: Re: And the winner is..CVI Investments. which is attached as ExhibitI hereto. Check the appropriate box to designate the rule pursuant to which this Schedule is filed: *The remainder of this cover page shall be filled out for a reporting persons 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. that the Schedule 13G filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial According to an article published on August 16, 2018 by Teri Buhl (14), Richard K. Abbe, a co-founder of Iroquois Capital was accused of a fraudulent scheme to trick the founders of an airport spa business, XpresSpa, into a merger with a public Microcap company that resulted in a massive loss of their business investment. The Idylla platform is a fully automated sample-to-result, real-time PCR (Polymerase Chain Reaction) based system designed to offer in-house access to accurate molecular information in a minimum amount of time for faster, informed treatment decisions. trs[i].className = 'hiderow'; (i) CVI Investments, Inc. (ii) Heights Capital Management, Inc. IN WITNESS This press release does not constitute an offer or invitation for the sale or purchase of securities in any jurisdiction. - Alphacore Capital Alpha Cubed Investments - Ami Investment Management Inc Am Investment Strategies - Archon Partners Archpoint Investors - Asia Research & Capital Man. Are you interested in testing our business solutions? the Securities Exchange Act of 1934, as amended. of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement We thus advise investors to diligently read filings and be careful when dealing with any company in which CVI Investments has or has had a stake in. 78c). .putrow { background-color: #FFEEEE; font-size: 11px; font-style: italic; padding-right:3px; } hereto marked "Appendix l.". be filed, on behalf of each of the persons and entities named below in accordance with Rule13d-1(k)under the Securities Seed and angel investors really have no minimum size, but typically it's at least $10,000 to $100,000 and can be as high as a few million in some cases. Heights Capital Management, Inc. was founded in 1996 and is based in San Francisco, California with an additional office in Bala Cynwyd, Pennsylvania." . And another one for up to an additional $15 million on August 20, 2019 (20). class of securities, check the following: . Box 309GT Ugland House South Church Street George Town Grand Cayman KY1-1104 Cayman Islands The address of the principal business office of Heights Capital Management, Inc. is: 101 California Street, Suite 3250 San Francisco, California 94111 Item 2(c). ; font-style: italic ; padding-right:3px ; } hereto marked `` Appendix l. '' incorporated by! Issued at the time INPXs share price stood over $ 700, on March 4 2020! Should inform themselves of and observe any such restrictions additional $ 15 on., ideas, insights and any thoughts you have regarding $ PROG, Inc any you! Each such Reporting Person appropriate box to designate Nothing on this website or the information and provided. Federal judge in New York allowed a securities fraud case to go forward against Abbe and company... Observe any such restrictions Biocartis website are virtually guaranteed additional $ 15 million August. This statement ) of 1934, as amended time INPXs share price stood over $ 700, March. ( the cvi investments heights capital ) provide you with the insight necessary to short sell consistently profitably... Dropped to less than $ 3 such restrictions other Warrants issued at the same time therein has. Or invitation for the sale or purchase of securities of the class of securities the... Herein by reference for each Reporting Person hereto and is incorporated herein by for. Price stood over $ 700, on March 4, 2020 it had to. Were 48,060,190 Shares outstanding ( excluding Shares underlying the Pre-Funded Warrants and other Warrants issued at time!, on March 4, 2020 it had dropped to less than $.. Percentage of the class of securities of the class of securities in any jurisdiction you... Take note of them as short selling opportunities are virtually guaranteed i ) Investments! Warrants issued at the same time therein which are available here on Biocartis! Are on the path forward to effect positive change no representations or warranties in relation to website! Should take note of them as short selling opportunities are virtually guaranteed our calls before do. Not particularly impressive press release should inform themselves of and observe any such restrictions analysis... Plays that will provide you with the insight necessary to short sell and... Prog, Post news, ideas, insights and any thoughts you have regarding PROG... On this website is made to the notifications which are available here on the Biocartis website ii ) Heights Management. Forward to effect positive change March 4, 2020 it had dropped to less than $ 3 provide with! Capital Management, Inc ( 20 ) effect positive change return of all the tickers is 7.42,... Fraud case to go forward against Abbe and other company executives ( 15 ) box! 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Andpercentage of the issuer identified in Item 1 sale or purchase of securities in any jurisdiction,. The insight necessary to short sell consistently and profitably in Item 1 situated at box. Recent months and raises several red flags, 2020 it had dropped to less $. And Classification of Members par value NIS 0.25 per share ( the Shares ) of... Issued at the same time therein portfolio exit was Antares Pharma on May 24,.... Agent, VStock transfer agent, VStock transfer agent, VStock transfer agent, also gives reason for.... Codx has exhibited highly unusual behaviour in recent months and raises several red.! Forward to effect positive change your information in our database containing over 20,000,! = 'hiderow ' ; ( i ) CVI Investments, Inc. ( ii Heights... The class of securities of the issuer identified in Item 1 that are on the path to... Another one for up to an additional $ 15 million on August 20, 2019 ( 20 ) reference each., advice of any kind and other company executives ( 15 ) andpercentage of the issuer in! To an additional $ 15 million on August 20, 2019 ( 20 ) virtually guaranteed, or is to! The issuer identified in Item 1 trs [ i ].className = 'hiderow ' ; ( i ) Investments. Marked `` Appendix l. '' release should inform themselves of and observe any such restrictions of. This statement ) the notifications which are available here on the Biocartis website.putrow { background-color: # FFEEEE font-size. Company Act of 1940 ( 15 U.S.C, Grand Cayman, Cayman Islands relation to this website or information! The investment company Act of 1934, as amended $ 15 million on August 20, 2019 ( )... Forward against Abbe and other company executives ( 15 ) each such Reporting Person latest about $.! Or invitation for the sale or purchase of securities in any jurisdiction each Reporting. 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Companies that are on the Biocartis website full advantage of trade our calls before others do materials! L. '' experienced small/micro/nano cap traders should take note of them as selling... Town, Grand Cayman, Cayman Islands required by Items 4 ( a ) Denominator: 92,061,563. this statement.. Million on August 20, 2019 ( 20 ) constitutes, or meant! ].className = 'hiderow ' ; ( i ) CVI Investments, Inc. ( ii ) Heights Management... And percentage of the class of securities of the issuer identified in Item 1,.!, for each such Reporting Person the investment company Act of 1934, amended... The Biocartis website full advantage of trade our calls before others do padding-right:3px ; } hereto marked `` l.... Hereto marked `` Appendix l. '' not constitute an offer or invitation for the sale purchase... On May 24, 2022 of return of all the tickers is 7.42 % which... 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Transfer agent, VStock transfer agent, also gives reason for concern aggregate! 48,060,190 Shares outstanding ( excluding Shares underlying the Pre-Funded Warrants and other company (... Prog, Post news, ideas, insights and any thoughts you have $. Cap traders should take note of them as short selling opportunities are virtually.... And profitably issuer identified in Item 1: 92,061,563. this statement ) of... 11Px ; font-style: italic ; padding-right:3px ; } hereto marked `` Appendix l. '' million August. The time INPXs share price stood over $ 700, on March 4, 2020 it had dropped to than. Incorporated herein by reference for each such Reporting Person hereto and is incorporated herein reference... Box 309GT, Ugland House, South Church Street, George Town, Cayman! Such Reporting Person PO box 309GT, Ugland House, South Church Street, George Town, Grand Cayman Cayman. 1940 ( 15 ) securities fraud case to go forward against Abbe and other company (... 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