-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FCQV98kGcO9tHX4M/7paKryLVqwW8mDTEOUIQcFt4FqlVkwdoPZB5sVT+lE6HCH5 QY2b4ihvpBJWdwdoMbB3gg== 0001047469-98-014355.txt : 19980410 0001047469-98-014355.hdr.sgml : 19980410 ACCESSION NUMBER: 0001047469-98-014355 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980409 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IMMUNOGEN INC CENTRAL INDEX KEY: 0000855654 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 042726691 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-40774 FILM NUMBER: 98590629 BUSINESS ADDRESS: STREET 1: 333 PROVIDENCE HIGHWAY CITY: NORWOOD STATE: MA ZIP: 02062 BUSINESS PHONE: 6176619312 MAIL ADDRESS: STREET 1: 148 SIDNEY STREET CITY: CAMBRIDGE STATE: MA ZIP: 02139 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CAPITAL VENTURES INTERNATIONAL /E9/ CENTRAL INDEX KEY: 0001011712 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 401 CITY LINE AVENUE, SUITE 220 STREET 2: C/O BALA INTERNATIONAL INC CITY: BALA CYNWYD STATE: PA ZIP: 19004 BUSINESS PHONE: 6106172700 SC 13D/A 1 SCHEDULE 13D/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D (Rule 13d-101) Under the Securities Exchange Act of 1934 (Amendment No. 4) Immunogen, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 45253H101 - -------------------------------------------------------------------------------- (CUSIP Number) Stephen T. Burdumy, Esq. Klehr, Harrison, Harvey, Branzburg & Ellers LLP 1401 Walnut Street Philadelphia, PA 19102 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 7, 1998 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box / /. Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 5 Pages) - -------------------------------------------------------------------------------- CUSIP No. 45253H101 Page 2 of 5 Pages --- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Capital Ventures International - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / - (b) / / - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 2,347,118 -------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY N/A OWNED BY -------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 2,347,118 WITH -------------------------------------------------- 10 SHARED DISPOSITIVE POWER N/A - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,347,118 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT - -------------------------------------------------------------------------------- CUSIP No. 45253H101 Page 3 of 5 Pages --- - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Statement of Reporting Persons (as defined below) Pursuant to Section 13(d) of the Securities Exchange Act of 1934 in respect of IMMUNOGEN, INC. This Report filed by Capital Ventures International ("CVI") is the fourth amendment of its initial filing on Schedule 13D with respect to the common stock, $.01 par value per share (the "Common Stock"), of Immunogen, Inc. (the "Company"). This Report relates to sales by CVI of an aggregate of 1,577,890 shares of Common Stock. Such sales took place in open market transactions between June 18, 1997 and January 7, 1998 at per share prices (net of brokerage commissions) of between $0.85 and $1.70. Because the shares of Common Stock beneficially owned by CVI were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Company and were not acquired and are not held in connection with or as a participant in any transactions having such purpose or effect, any future changes in beneficial ownership will be reported on Schedule 13G rather than on this Schedule 13D. Item 5. Interest in Securities of the Issuer. Item 5 is hereby amended by the addition of the following at the end thereof: "Between June 18, 1997 and October 15, 1997, CVI sold in open market transactions an aggregate of 729,329 shares of Common Stock at per share prices (net of brokerage commissions) of between $1.23 and $1.68. Such sales of Common Stock resulted in the receipt by CVI of aggregate net proceeds of approximately $1,083,375. However, pursuant to the terms of the Company's Restated Articles of Organization and Warrants discussed above, CVI's beneficial ownership percentage remained at 9.9%. During the period from July 31, 1997 through January 5, 1998, CVI converted its remaining 1,100 Preferred Shares (plus accrued dividends thereon) into 1,347,491 shares of Common Stock at Conversion Prices between $0.85 and $1.21 per share. The following table sets forth certain information with respect to open market sales made by CVI of shares of Common Stock during the period from December 1, 1997 through January 7, 1998, representing all sales of Common Stock made by CVI during the 60 day period ending on January 7, 1998: - -------------------------------------------------------------------------------- CUSIP No. 45253H101 Page 4 of 5 Pages --- - --------------------------------------------------------------------------------
Date Number of Shares Price per Share Aggregate Sale Price ---- ---------------- --------------- -------------------- 12/1/97 55,000 $1.1311 $ 62,208 12/3/97 8,000 1.1049 8,839 12/4/97 7,500 1.1049 8,287 12/5/97 103,800 1.1888 123,397 12/8/97 67,100 1.2087 81,107 12/9/97 10,000 1.1049 11,049 12/12/97 8,000 1.1049 8,839 12/15/97 25,000 1.0737 26,843 12/16/97 11,000 1.0737 11,811 12/29/97 10,000 0.9175 9,175 12/31/97 10,000 0.8549 8,549 1/2/98 50,000 0.9175 45,873 1/5/98 288,500 1.0575 305,078 1/6/98 30,000 1.2966 38,898 1/6/98 100,000 1.3238 132,375 1/7/98 64,661 $1.7022 $110,069 ------- -------- Total 848,561 $992,397
As of January 7, 1998, CVI held (i) no shares of Common Stock and (ii) 2,347,118 Warrants. Based on the 24,884,325 shares of Common Stock outstanding on February 10, 1998, as reported in the Company's Form 10-Q, dated February 17, 1998, CVI held 8.6% of the outstanding shares of Common Stock. To the best knowledge of CVI, none of the individuals listed in Item 2 hereof beneficially owns any shares of Common Stock other than through their ownership interest in CVI. Neither CVI, nor to the best of CVI's knowledge, any of the individuals listed in Item 2 hereof has effected any transactions in the Common Stock during the 60 day period ending on January 7, 1998, other than CVI's sale of an aggregate of 848,561 shares of Common Stock as described herein." - -------------------------------------------------------------------------------- CUSIP No. 45253H101 Page 5 of 5 Pages --- - -------------------------------------------------------------------------------- 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. CAPITAL VENTURES INTERNATIONAL By: Susquehanna Advisors Group, Inc. (f/k/a Bala International, Inc. and Arbit, Inc.), pursuant to a Limited Power of Attorney, a copy of which was filed with the initial filing of this Statement on Schedule 13D By: /s/ Arthur Dantchik ---------------------------------- Arthur Dantchik, President Date: April 8, 1998 ---------------------------------- -----END PRIVACY-ENHANCED MESSAGE-----