0001839882-25-014525.txt : 20250307 0001839882-25-014525.hdr.sgml : 20250307 20250307164550 ACCESSION NUMBER: 0001839882-25-014525 CONFORMED SUBMISSION TYPE: SCHEDULE 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20250307 DATE AS OF CHANGE: 20250307 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Paragon 28, Inc. CENTRAL INDEX KEY: 0001531978 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 273170186 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-93355 FILM NUMBER: 25720777 BUSINESS ADDRESS: STREET 1: 14445 GRASSLANDS DRIVE CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: 720-912-1332 MAIL ADDRESS: STREET 1: 14445 GRASSLANDS DRIVE CITY: ENGLEWOOD STATE: CO ZIP: 80112 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: First Light Asset Management, LLC CENTRAL INDEX KEY: 0001600004 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13G/A BUSINESS ADDRESS: STREET 1: 3300 EDINBOROUGH WAY STREET 2: SUITE 201 CITY: EDINA STATE: MN ZIP: 55435 BUSINESS PHONE: 952-831-6500 MAIL ADDRESS: STREET 1: 3300 EDINBOROUGH WAY STREET 2: SUITE 201 CITY: EDINA STATE: MN ZIP: 55435 SCHEDULE 13G/A 1 primary_doc.xml SCHEDULE 13G/A 0001839882-25-004752 0001600004 XXXXXXXX LIVE 2 Common Stock, $0.01 par value 02/28/2025 0001531978 Paragon 28, Inc. 69913P105 3300 Edinborough Way Suite 201 Edina MN 55435 Rule 13d-1(b) First Light Asset Management, LLC DE 0.00 990997.00 0.00 990997.00 990997.00 N 1.18 IA Mathew P. Arens X1 276000.00 1153997.00 276000.00 1153997.00 1429997.00 N 1.70 IN Paragon 28, Inc. 14445 Grasslands Dr. Englewood, CO 80112 This Schedule 13G is jointly filed by the following: First Light Asset Management, LLC (the "Manager") Mathew P. Arens ("Mr. Arens") The Manager may be deemed to be the beneficial owner of 990,997 the Issuer's shares of common stock (the "Shares"). The Manager acts as an investment adviser to certain persons holding separately managed accounts with the Manager, each of whom has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, those shares. The Manager may also be deemed to be the beneficial owner of these shares because it acts as an investment adviser to certain private funds. Mr. Arens may also be deemed to be the beneficial owner of these shares because he controls the Manager in his position as managing member and majority owner of the Manager. Mr. Arens also directly holds 276,000 Shares in an individual capacity with sole control and 163,000 Shares held in a joint account over which he shares control. The Manager and Mr. Arens are filing this Schedule 13G/A with respect to these Shares pursuant to Rule 13d-1(b) under the Act. The Manager and Mr. Arens may be deemed to be the beneficial owner of the total amount of Shares set forth across from its or his respective name in Item 4 below. The filing of this Schedule 13G shall not be construed as an admission that the reporting persons or any of their affiliates are the beneficial owner of any securities covered by this Schedule 13G for any other purposes other than Section 13(d) of the Securities Exchange Act of 1934. 3300 Edinborough Way, Suite 201, Edina, MN 55435 First Light Asset Management, LLC - Delaware limited liability company Mathew P. Arens - United States citizen N IA HC First Light Asset Management, LLC - 990,997 Mathew P. Arens - 1,429,997 First Light Asset Management, LLC - 1.18% Mathew P. Arens - 1.70% First Light Asset Management, LLC - 0 Mathew P. Arens - 276,000 First Light Asset Management, LLC - 990,997 Mathew P. Arens - 1,153,997 First Light Asset Management, LLC - 0 Mathew P. Arens - 276,000 First Light Asset Management, LLC - 990,997 Mathew P. Arens - 1,153,997 N Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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. Exhibit A: Joint Filing Agreement First Light Asset Management, LLC /s/ Kurt T. Peterson Kurt T. Peterson/Chief Compliance Officer 03/07/2025 Mathew P. Arens /s/ Mathew P. Arens Mathew P. Arens 03/07/2025 EX-99.(A) 2 ex99-a.htm JOINT FILING AGREEMENT

 

Exhibit A

 

JOINT FILING AGREEMENT

 

 

The Undersigned agree that the statement on Schedule 13G with respect to the common stock of Paragon 28, Inc., dated as of March 7, 2025, is, and any amendment thereto signed by each of the undersigned shall be, filed on behalf of each of them pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

 

  FIRST LIGHT ASSET MANAGEMENT, LLC
   
  By:  /s/ Kurt T. Peterson
    Name: Kurt T. Peterson
Title: Chief Compliance Officer
     
  Signature: /s/ Mathew P. Arens
  Name: Mathew P. Arens