X0306 4 2020-04-17 0 0001600132 Bellerophon Therapeutics, Inc. BLPH 0001718111 Puissance Cross-Border Opportunities III LLC 950 THIRD AVENUE 25TH FL NEW YORK NY 10022 0 0 1 0 0001695347 Puissance Capital Fund (GP) LLC 950 THIRD AVENUE 25TH FLOOR NEW YORK NY 10022 0 0 1 0 0001658437 Puissance Capital Management LP 950 THIRD AVENUE, 25TH FLOOR NEW YORK NY 10022 0 0 1 0 0001695339 Puissance Capital Management (GP) LLC 950 THIRD AVENUE 25TH FLOOR NEW YORK NY 10022 0 0 1 0 0001694061 Wang Theodore T C/O PUISSANCE CAPITAL MANAGEMENT LP 950 THIRD AVENUE, 25TH FLOOR NEW YORK NY 10022 1 0 1 0 Common Stock 2020-04-17 4 J 0 553250 D 0 I By Puissance Cross-Border Opportunities III LLC Puissance Cross-Border Opportunities III LLC made an in-kind distribution of an aggregate 553,250 shares of the Issuer's common stock to its limited partners in connection with the redemption of partnership interests. These securities are held directly by Puissance Cross-Border Opportunities III LLC and may be deemed to be beneficially owned by Puissance Capital Management LP, the investment manager of Puissance Cross Border Opportunities III LLC; Puissance Capital Management (GP) LLC, the general partner of Puissance Capital Management LP; Puissance Capital Fund (GP) LLC, the general partner of Puissance Cross Border Opportunities III LLC; and Theodore T. Wang, the managing member of Puissance Capital Management (GP) LLC and Puissance Capital Fund (GP) LLC. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Puissance Cross-Border Opportunities III LLC, By: Puissance Capital Fund (GP) LLC, its general partner, By: Theodore T. Wang, Managing Member 2020-04-20 Puissance Capital Fund (GP) LLC, By: Theodore T. Wang, Managing Member 2020-04-20 Puissance Capital Management LP, By: Puissance Capital Management (GP) LLC, its general partner, By: Theodore T. Wang, Managing Member 2020-04-20 Puissance Capital Management (GP) LLC, By: Theodore Wang, Managing Member 2020-04-20 /s/ Theodore T. Wang 2020-04-20