0001193805-16-002542.txt : 20160212 0001193805-16-002542.hdr.sgml : 20160212 20160211195403 ACCESSION NUMBER: 0001193805-16-002542 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160212 DATE AS OF CHANGE: 20160211 GROUP MEMBERS: J.W. OPPORTUNITIES FUND, LLC GROUP MEMBERS: J.W. OPPORTUNITIES MASTER FUND, LTD. GROUP MEMBERS: J.W. PARTNERS, L.P. GROUP MEMBERS: JASON G. WILD GROUP MEMBERS: JW ASSET MANAGEMENT, LLC GROUP MEMBERS: JW GP, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EAGLE PHARMACEUTICALS, INC. CENTRAL INDEX KEY: 0000827871 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88022 FILM NUMBER: 161413704 BUSINESS ADDRESS: STREET 1: 50 TICE BOULEVARD, SUITE 315 CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07677 BUSINESS PHONE: 201-326-5300 MAIL ADDRESS: STREET 1: 50 TICE BOULEVARD, SUITE 315 CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07677 FORMER COMPANY: FORMER CONFORMED NAME: EAGLE PHARMACEUTICALS INC DATE OF NAME CHANGE: 19880120 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JW Asset Management, LLC CENTRAL INDEX KEY: 0001549738 IRS NUMBER: 412123331 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 515 MADISON AVENUE STREET 2: SUITE 14B CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-446-5362 MAIL ADDRESS: STREET 1: 515 MADISON AVENUE STREET 2: SUITE 14B CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G/A 1 e614640_sc13ga-eagle.htm Unassociated Document
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
 
SCHEDULE 13G/A
(Rule 13d-102)
 
Information Statement Pursuant to Rules 13d-1(b), (c) and (d)
and amendments thereto
filed pursuant to Rule 13d-2(b)
 
(Amendment No.  1)*
 
 
 
Eagle Pharmaceuticals Inc.
   
(Name of Issuer)
 
 
Common Stock, $0.001 par value
 
(Title of Class of Securities)
 
 
     
269796108
       
(CUSIP Number)
 
 
   
December 31, 2015
     
Date of Event Which Requires Filing of the Statement
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
o           Rule 13d-1(b)
x           Rule 13d-1(c)
o           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 disclosures provided in a prior cover page.
 
The information required on 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 (“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).
 
 
 
Page 1 of 16

 
 
1.
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
J.W. Partners, L.P.
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
  (a) o
  (b) ý
3.
SEC USE ONLY
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware limited partnership


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5.
SOLE VOTING POWER
 
0
6.
SHARED VOTING POWER
 
648,610 shares
7.
SOLE DISPOSITIVE POWER
 
0
8.
SHARED DISPOSITIVE POWER
 
648,610 shares
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
648,610 shares
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
o
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
4.16%(1)
12.
TYPE OF REPORTING PERSON
 
PN
 
(1)      As of the date of this filing, based on 15,589,844 outstanding shares of the Common Stock of the Issuer as of November 10, 2015, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2015, as filed with the Securities and Exchange Commission on November 12, 2015.
 
 
Page 2 of 16

 
 
1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
J.W. Opportunities Fund, LLC
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
  (a) o
  (b) ý
3.
SEC USE ONLY
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware limited liability company


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5.
SOLE VOTING POWER
 
0
6.
SHARED VOTING POWER
 
0 shares
7.
SOLE DISPOSITIVE POWER
 
0
8.
SHARED DISPOSITIVE POWER
 
0 shares
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0 shares
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
o
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0%
12.
TYPE OF REPORTING PERSON
 
OO
 
 
Page 3 of 16

 
 
 
1.
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
J.W. Opportunities Master Fund, Ltd.
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
  (a) o
  (b) ý
3.
SEC USE ONLY
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands exempted company


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5.
SOLE VOTING POWER
 
0
6.
SHARED VOTING POWER
 
209,069 shares
7.
SOLE DISPOSITIVE POWER
 
0
8.
SHARED DISPOSITIVE POWER
 
209,069 shares
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
209,069 shares
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
o
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
1.34%(2)
12.
TYPE OF REPORTING PERSON
 
FI
 
(2)      See footnote (1) above.
 
 
Page 4 of 16

 
 
1.
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
JW Asset Management, LLC
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
  (a) o
  (b) ý
3.
SEC USE ONLY
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware limited liability company


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5.
SOLE VOTING POWER
 
0
6.
SHARED VOTING POWER
 
857,679 shares (3)
7.
SOLE DISPOSITIVE POWER
 
0
8.
SHARED DISPOSITIVE POWER
 
857,679 shares (3)
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
857,679 shares (3)
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
o
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
5.50%(4)
12.
TYPE OF REPORTING PERSON
 
OO; IA
 
(3)      Consists of shares of Common Stock of the Issuer held by J.W. Partners, L.P. and J.W. Opportunities Master Fund, Ltd., of each of which JW Asset Management, LLC is the investment advisor.

(4)      See footnote (1) above.
 
 
Page 5 of 16

 
 
1.
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
JW GP, LLC
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
  (a) o
  (b) ý
3.
SEC USE ONLY
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware limited liability company


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5.
SOLE VOTING POWER
 
0
6.
SHARED VOTING POWER
 
648,610 shares (5)
7.
SOLE DISPOSITIVE POWER
 
0
8.
SHARED DISPOSITIVE POWER
 
648,610 shares (5)
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
648,610 shares (5)
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
o
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
4.16%(6)
12.
TYPE OF REPORTING PERSON
 
HC; OO
 
(5)      Consists of shares of Common Stock of the Issuer held by J.W. Partners, L.P., of which JW GP, LLC is the general partner.

(6)      See footnote (1) above.
 
 
Page 6 of 16

 
 
1.
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Jason G. Wild
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
  (a) o
  (b) ý
3.
SEC USE ONLY
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5.
SOLE VOTING POWER
 
0
6.
SHARED VOTING POWER
 
857,679 shares (7)
7.
SOLE DISPOSITIVE POWER
 
0
8.
SHARED DISPOSITIVE POWER
 
857,679 shares (7)
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
857,679 shares (7)
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
o
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
5.50%(8)
12.
TYPE OF REPORTING PERSON
 
IN
 
(7)
Consists of shares of the Common Stock of the Issuer held by J.W. Partners, L.P. and J.W. Opportunities Master Fund, Ltd.  Jason G. Wild serves as:  (i) the managing member of  JW GP, LLC, which is the general partner of J.W. Partners, L.P.; (ii) the managing member of JW Asset Management, LLC, which is the investment advisor of J.W. Partners, L.P. and J.W. Opportunities Master Fund, Ltd.; and (iii) a director of J.W. Opportunities Master Fund, Ltd.

(8)
See footnote (1) above.
 
Page 7 of 16

 
 
 
 
   
Item 1(a). Name of Issuer:
   
 
Eagle Pharmaceuticals, Inc.
   
Item 1(b). Address of Issuer's Principal Executive Offices:
   
 
50 Tice Boulevard, Suite 315
Woodcliff Lake, New Jersey 07677
   
Item 2(a). Name of Person Filing:
   
 
J.W. Partners, L.P.
J.W. Opportunities Fund, LLC
J.W. Opportunities Master Fund, Ltd.
JW Asset Management, LLC
JW GP, LLC
Jason G. Wild
   
Item 2(b). Address of Principal Business Office, or if None, Residence:
   
 
515 Madison Avenue, 14th Floor
New York, NY 10022
   
Item 2(c). Citizenship:
   
 
J.W. Partners, L.P. – Delaware
J.W. Opportunities Fund, LLC – Delaware
J.W. Opportunities Master Fund, Ltd. – Cayman Islands
JW Asset Management, LLC – Delaware
JW GP, LLC – Delaware
Jason G. Wild – United States
   
Item 2(d). Title of Class of Securities:
   
 
Common Stock
   
Item 2(e). CUSIP Number:
   
 
269796108
   
Item 3.
If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
 
(a)  o Broker or dealer registered under Section 15 of the Exchange Act.
     
(b)  o Bank as defined in Section 3(a)(6) of the Exchange Act. 
 
 
Page 8 of 16

 
 
(c)  o Insurance company as defined in Section 3(a)(19) of the Exchange Act.
     
(d)  o Investment company registered under Section 8 of the Investment Company Act.
 
(e)  o An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
     
(f)  o An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
     
(g)  o A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
 
     
(h)  o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
     
(i)  o A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
     
(j)  o
A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
   
 
(k)  o
Group, in accordance with Rule 13d-1(b)(1)(ii)(K).
 
If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: _________________
 
Item 4.   Ownership***.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
(a)    
Amount beneficially owned:
       
     
J.W. Partners, L.P. – 648,610 shares
J.W. Opportunities Fund, LLC – 0 shares
J.W. Opportunities Master Fund, Ltd. – 209,069 shares
JW Asset Management, LLC – 857,679 shares
JW GP, LLC – 648,610 shares
Jason G. Wild – 857,679 shares
       
(b)    
Percent of class:
       
     
J.W. Partners, L.P. – 4.16%
J.W. Opportunities Fund, LLC – 0%
J.W. Opportunities Master Fund, Ltd. – 1.34%
JW Asset Management, LLC – 5.50%
JW GP, LLC – 4.16%
Jason G. Wild – 5.50%

Beneficial ownership percentages are as of the date of this filing, based on 15,589,844 outstanding shares of the Common Stock of the Issuer as of November 10, 2015, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2015, as filed with the Securities and Exchange Commission on November 12, 2015.
 
 
Page 9 of 16

 
 
(c)    
Number of shares as to which such person has:
 
           
      (i)
Sole power to vote or to direct the vote:
All Reporting Persons - 0 shares
           
      (ii)
Shared power to vote or to direct the vote:
J.W. Partners, L.P. – 648,610 shares
J.W. Opportunities Fund, LLC – 0 shares
J.W. Opportunities Master Fund, Ltd. – 209,069 shares
JW Asset Management, LLC – 857,679 shares
JW GP, LLC – 648,610 shares
Jason G. Wild – 857,679 shares
  
      (iii)
Sole power to dispose or to direct the disposition of:
All Reporting Persons - 0 shares
           
      (iv)
Shared power to dispose or to direct the disposition of:
J.W. Partners, L.P. – 648,610 shares
J.W. Opportunities Fund, LLC – 0 shares
J.W. Opportunities Master Fund, Ltd. – 209,069 shares
JW Asset Management, LLC – 857,679 shares
JW GP, LLC – 648,610 shares
Jason G. Wild – 857,679 shares
 
***See footnotes on cover pages which are incorporated by reference herein.
 
 
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 person has ceased to be the beneficial owner of more than five percent of the class of securities check the following o.*
 
 
*J.W. Opportunities Fund, LLC no longer beneficially owns any shares of common stock of the Issuer.
 
Item 6.
Ownership of More Than Five Percent on Behalf of Another Person.
 
     If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
      
 
N/A
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
 
     If a parent holding company or Control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
 
 
N/A
 
 
Page 10 of 16

 
 
Item 8.
Identification  and  Classification  of Members of the Group.
 
     If a group has filed this schedule pursuant to ss.240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to ss.240.13d-1(c) or ss.240.13d-1(d), attach an exhibit stating the identity of each member of the group.
 
 
See Exhibit B
 
Item 9.
Notice of Dissolution of Group.
 
     Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
 
 
N/A
 
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.
 
 
Page 11 of 16

 
 
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.
 
J.W. PARTNERS, L.P.
 
By:  /s/ Jason Klarreich                                                                 
       Jason Klarreich, Attorney-In-Fact
 
 
 
J.W. OPPORTUNITIES FUND, LLC
 
By:  /s/ Jason Klarreich                                                                 
       Jason Klarreich, Attorney-In-Fact
 
 
 
J.W. OPPORTUNITIES MASTER FUND, LTD.
 
By:  /s/ Jason Klarreich                                                                 
       Jason Klarreich, Attorney-In-Fact
 
 
 
JW GP, LLC
 
By:  /s/ Jason Klarreich                                                                 
       Jason Klarreich, Attorney-In-Fact
 
 
 
JW ASSET MANAGEMENT, LLC
 
By:  /s/ Jason Klarreich                                                                 
       Jason Klarreich, Attorney-In-Fact
 
 
 
JASON G. WILD
 
By:  /s/ Jason Klarreich                                                                 
       Jason Klarreich, Attorney-In-Fact
 
 
 
Page 12 of 16

 
 
 
Exhibit List
 
Exhibit A.                      Joint Filing Agreement.

Exhibit B.                      Item 8 Statement.

Exhibit C.                      Power of Attorney.
 
 
Page 13 of 16

 
 
Exhibit A

Joint Filing Agreement

The undersigned agree that this Schedule 13G, and all amendments thereto, relating to the Common Stock of Eagle Pharmaceuticals, Inc. shall be filed on behalf of the undersigned.


J.W. PARTNERS, L.P.
 
By:  /s/ Jason Klarreich                                                                 
       Jason Klarreich, Attorney-In-Fact
 
 
 
J.W. OPPORTUNITIES FUND, LLC
 
By:  /s/ Jason Klarreich                                                                 
       Jason Klarreich, Attorney-In-Fact
 
 
 
J.W. OPPORTUNITIES MASTER FUND, LTD.
 
By:  /s/ Jason Klarreich                                                                 
       Jason Klarreich, Attorney-In-Fact
 
 
 
JW GP, LLC
 
By:  /s/ Jason Klarreich                                                                 
       Jason Klarreich, Attorney-In-Fact
 
 
 
JW ASSET MANAGEMENT, LLC
 
By:  /s/ Jason Klarreich                                                                 
       Jason Klarreich, Attorney-In-Fact
 
 
 
JASON G. WILD
 
By:  /s/ Jason Klarreich                                                                 
       Jason Klarreich, Attorney-In-Fact
 
 
 
 
Page 14 of 16

 
 
Exhibit B

Item 8 Statement

Due to the relationships amongst them, all of the reporting persons hereunder may be deemed to constitute a “group” with one another for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
 
 
Page 15 of 16

 
 
Exhibit C

POWER OF ATTORNEY

The undersigned hereby constitutes and appoints each of Jason G. Wild, Jason Klarreich and Mary Gaza as the undersigned’s true and lawful authorized representative and attorney-in-fact to execute for, and on behalf of, the undersigned and to file with the U.S. Securities and Exchange Commission and any other authority: (1) any Forms 3, 4 and 5, and any amendments thereto, in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (the “1934 Act”), and the rules promulgated thereunder; and (2) any Schedules 13D and Schedules 13G, and any amendments thereto, in accordance with Section 13 of the 1934 Act and the rules promulgated thereunder, in each case with respect to any securities of Eagle Pharmaceuticals, Inc. (or any successor thereto).

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary and proper to be done in the exercise of any of the rights and powers herein granted, hereby ratifying and confirming all that such attorney-in-fact shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that each of the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, is not assuming any of the undersigned’s responsibilities to comply with Section 16 or Section 13 or any other provision of the 1934 Act.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file any Forms 3, 4 and 5 or Schedule 13D or 13G with respect to any securities of Eagle Pharmaceuticals, Inc. (or any successor thereto), unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of February 11, 2016.


J.W. OPPORTUNITIES MASTER FUND, LTD
 
 
By:        /s/ Jason G. Wild                                                                 
Name:   Jason G. Wild
Its:        Chief Investment Officer
 
 

 
Page 16 of 16