0001013594-22-000267.txt : 20220304 0001013594-22-000267.hdr.sgml : 20220304 20220304184212 ACCESSION NUMBER: 0001013594-22-000267 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220302 FILED AS OF DATE: 20220304 DATE AS OF CHANGE: 20220304 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BLACK HORSE CAPITAL LP CENTRAL INDEX KEY: 0001178179 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35798 FILM NUMBER: 22715718 BUSINESS ADDRESS: STREET 1: C/O OPUS EQUUM INC. STREET 2: PO BOX 788 CITY: DOLORES STATE: CO ZIP: 81323 BUSINESS PHONE: (646) 415-8246 MAIL ADDRESS: STREET 1: C/O OPUS EQUUM INC. STREET 2: PO BOX 788 CITY: DOLORES STATE: CO ZIP: 81323 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Chappell Dale CENTRAL INDEX KEY: 0001379459 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35798 FILM NUMBER: 22715719 MAIL ADDRESS: STREET 1: C/O OPUS EQUUM INC. STREET 2: PO BOX 788 CITY: DOLORES STATE: CO ZIP: 81323 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Black Horse Capital Master Fund Ltd. CENTRAL INDEX KEY: 0001679234 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35798 FILM NUMBER: 22715717 BUSINESS ADDRESS: STREET 1: C/O OPUS EQUUM, INC. STREET 2: P.O. BOX 788 CITY: DOLORES STATE: CO ZIP: 81323 BUSINESS PHONE: 646-688-5193 MAIL ADDRESS: STREET 1: C/O OPUS EQUUM, INC. STREET 2: P.O. BOX 788 CITY: DOLORES STATE: CO ZIP: 81323 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BLACK HORSE CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001379554 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35798 FILM NUMBER: 22715716 BUSINESS ADDRESS: STREET 1: C/O OPUS EQUUM INC. STREET 2: PO BOX 788 CITY: DOLORES STATE: CO ZIP: 81323 BUSINESS PHONE: (646) 415-8246 MAIL ADDRESS: STREET 1: C/O OPUS EQUUM INC. STREET 2: PO BOX 788 CITY: DOLORES STATE: CO ZIP: 81323 FORMER NAME: FORMER CONFORMED NAME: Black Horse Capital Management LLC DATE OF NAME CHANGE: 20061030 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cheval Holdings, Ltd. CENTRAL INDEX KEY: 0001679225 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35798 FILM NUMBER: 22715715 BUSINESS ADDRESS: STREET 1: P.O. BOX 309G, UGLAND HOUSE STREET 2: GEORGETOWN CITY: GRAND CAYMAN STATE: E9 ZIP: KY1-1104 BUSINESS PHONE: 646-472-7948 MAIL ADDRESS: STREET 1: P.O. BOX 309G, UGLAND HOUSE STREET 2: GEORGETOWN CITY: GRAND CAYMAN STATE: E9 ZIP: KY1-1104 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HUMANIGEN, INC CENTRAL INDEX KEY: 0001293310 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 770557236 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 830 MORRIS TURNPIKE STREET 2: 4TH FLOOR CITY: SHORT HILLS STATE: NJ ZIP: 07078 BUSINESS PHONE: (973) 200-3100 MAIL ADDRESS: STREET 1: 830 MORRIS TURNPIKE STREET 2: 4TH FLOOR CITY: SHORT HILLS STATE: NJ ZIP: 07078 FORMER COMPANY: FORMER CONFORMED NAME: KALOBIOS PHARMACEUTICALS INC DATE OF NAME CHANGE: 20040609 4 1 form4.xml X0306 4 2022-03-02 0001293310 HUMANIGEN, INC HGEN 0001379459 Chappell Dale C/O OPUS EQUUM INC. PO BOX 788 DOLORES CO 81323 true true true Chief Scientific Officer 0001178179 BLACK HORSE CAPITAL LP C/O OPUS EQUUM INC. PO BOX 788 DOLORES CO 81323 true 0001679234 Black Horse Capital Master Fund Ltd. C/O OPUS EQUUM, INC. P.O. BOX 788 DOLORES CO 81323 true 0001379554 BLACK HORSE CAPITAL MANAGEMENT LLC C/O OPUS EQUUM INC. PO BOX 788 DOLORES CO 81323 true 0001679225 Cheval Holdings, Ltd. P.O. BOX 309G, UGLAND HOUSE GEORGETOWN GRAND CAYMAN E9 KY1-1104 CAYMAN ISLANDS true Call Option (Right to Buy) 2.5 2022-03-02 4 P 0 680 0.596 A 2022-03-02 2022-05-20 Common Stock, $0.001 par value 68000 680 I By Black Horse Capital LP Call Option (Right to Buy) 5 2022-03-02 4 P 0 11 0.3255 A 2022-03-02 2022-05-20 Common Stock, $0.001 par value 1100 11 I By Black Horse Capital LP Call Option (Right to Buy) 2.5 2022-03-03 4 P 0 5 0.7 A 2022-03-03 2022-05-20 Common Stock, $0.001 par value 500 685 I By Black Horse Capital LP Call Option (Right to Buy) 5 2022-03-03 4 P 0 173 0.35 A 2022-03-03 2022-05-20 Common Stock, $0.001 par value 17300 184 I By Black Horse Capital LP Call Option (Right to Buy) 2.5 2022-03-04 4 P 0 127 0.8972 A 2022-03-04 2022-05-20 Common Stock, $0.001 par value 12700 812 I By Black Horse Capital LP Call Option (Right to Buy) 2.5 2022-03-02 4 P 0 1360 0.596 A 2022-03-02 2022-05-20 Common Stock, $0.001 par value 136000 1360 I By Black Horse Capital Master Fund Ltd. Call Option (Right to Buy) 5 2022-03-02 4 P 0 22 0.3255 A 2022-03-02 2022-05-20 Common Stock, $0.001 par value 2200 22 I By Black Horse Capital Master Fund Ltd. Call Option (Right to Buy) 2.5 2022-03-03 4 P 0 10 0.7 A 2022-03-03 2022-05-20 Common Stock, $0.001 par value 1000 1370 I By Black Horse Capital Master Fund Ltd. Call Option (Right to Buy) 5 2022-03-03 4 P 0 346 0.35 A 2022-03-03 2022-05-20 Common Stock, $0.001 par value 34600 368 I By Black Horse Capital Master Fund Ltd. Call Option (Right to Buy) 2.5 2022-03-04 4 P 0 255 0.8972 A 2022-03-04 2022-05-20 Common Stock, $0.001 par value 25500 1625 I By Black Horse Capital Master Fund Ltd. Call Option (Right to Buy) 2.5 2022-03-02 4 P 0 4762 0.596 A 2022-03-02 2022-05-20 Common Stock, $0.001 par value 476200 4762 I By Cheval Holdings, Ltd. Call Option (Right to Buy) 5 2022-03-02 4 P 0 77 0.3255 A 2022-03-02 2022-05-20 Common Stock, $0.001 par value 7700 77 I By Cheval Holdings, Ltd. Call Option (Right to Buy) 2.5 2022-03-03 4 P 0 36 0.7 A 2022-03-03 2022-05-20 Common Stock, $0.001 par value 3600 4798 I By Cheval Holdings, Ltd. Call Option (Right to Buy) 5 2022-03-03 4 P 0 1213 0.35 A 2022-03-03 2022-05-20 Common Stock, $0.001 par value 121300 1290 I By Cheval Holdings, Ltd. Call Option (Right to Buy) 2.5 2022-03-04 4 P 0 891 0.8972 A 2022-03-04 2022-05-20 Common Stock, $0.001 par value 89100 5689 I By Cheval Holdings, Ltd. This Form 4 is filed jointly by Black Horse Capital LP (the "Domestic Fund"), Black Horse Capital Master Fund Ltd. (the "Offshore Fund"), Cheval Holdings, Ltd. ("Cheval"), Black Horse Capital Management LLC ("BH Management") and Dale Chappell (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. The filing of this Form 4 shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer he or it does not directly own. Securities owned directly by the Domestic Fund. BH Management, as the managing general partner of the Domestic Fund, may be deemed to beneficially own the securities owned directly by the Domestic Fund. Dale Chappell, as the managing member of BH Management, may be deemed to beneficially own the securities owned directly by the Domestic Fund. Securities owned directly by the Offshore Fund. Dale Chappell, as the controlling person of the Offshore Fund, may be deemed to beneficially own the securities owned directly by the Offshore Fund. Securities owned directly by Cheval. Each of BH Management, by virtue of having been granted by the Board of Directors of Cheval the power to manage the securities of the Issuer owned by Cheval, and Dale Chappell, as the managing member of BH Management, may be deemed to beneficially own the securities owned directly by Cheval. BLACK HORSE CAPITAL LP By: Black Horse Capital Management LLC, its Managing General Partner By: /s/ Dale Chappell Name: Dale Chappell Title: Manager 2022-03-04 BLACK HORSE CAPITAL MASTER FUND LTD. By: /s/ Dale Chappell Name: Dale Chappell Title: Director 2022-03-04 BLACK HORSE CAPITAL MANAGEMENT LLC By: /s/ Dale Chappell Name: Dale Chappell Title: Manager 2022-03-04 CHEVAL HOLDINGS, LTD. By: /s/ Dale Chappell Name: Dale Chappell Title: Director 2022-03-04 /s/ Dale Chappell DALE CHAPPELL 2022-03-04