0000921895-23-000348.txt : 20230208 0000921895-23-000348.hdr.sgml : 20230208 20230208182600 ACCESSION NUMBER: 0000921895-23-000348 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230130 FILED AS OF DATE: 20230208 DATE AS OF CHANGE: 20230208 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Morgan Adam CENTRAL INDEX KEY: 0001964335 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33221 FILM NUMBER: 23600435 MAIL ADDRESS: STREET 1: 1055B POWERS PLACE CITY: ALPHARETTA STATE: GA ZIP: 30009 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: VENKATARAMAN BALAJI CENTRAL INDEX KEY: 0001114916 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33221 FILM NUMBER: 23600436 MAIL ADDRESS: STREET 1: FIRST HORIZON PHARMACEUTICAL CORP STREET 2: 660 HEMBREE PKWY STE 106 CITY: ROSWELL STATE: GA ZIP: 30076 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Velan Capital Investment Management LP CENTRAL INDEX KEY: 0001848809 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33221 FILM NUMBER: 23600440 BUSINESS ADDRESS: STREET 1: 1055B POWERS PLACE CITY: ALPHARETTA STATE: GA ZIP: 30009 BUSINESS PHONE: 646-844-0037 MAIL ADDRESS: STREET 1: 1055B POWERS PLACE CITY: ALPHARETTA STATE: GA ZIP: 30009 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Velan Capital Master Fund LP CENTRAL INDEX KEY: 0001964356 STATE OF INCORPORATION: E9 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33221 FILM NUMBER: 23600439 BUSINESS ADDRESS: STREET 1: 1055B POWERS PLACE CITY: ALPHARETTA STATE: GA ZIP: 30009 BUSINESS PHONE: 646-844-0037 MAIL ADDRESS: STREET 1: 1055B POWERS PLACE CITY: ALPHARETTA STATE: GA ZIP: 30009 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Velan Capital Holdings LLC CENTRAL INDEX KEY: 0001964353 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33221 FILM NUMBER: 23600438 BUSINESS ADDRESS: STREET 1: 1055B POWERS PLACE CITY: ALPHARETTA STATE: GA ZIP: 30009 BUSINESS PHONE: 646-844-0037 MAIL ADDRESS: STREET 1: 1055B POWERS PLACE CITY: ALPHARETTA STATE: GA ZIP: 30009 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Velan Capital Management LLC CENTRAL INDEX KEY: 0001964355 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33221 FILM NUMBER: 23600437 BUSINESS ADDRESS: STREET 1: 1055B POWERS PLACE CITY: ALPHARETTA STATE: GA ZIP: 30009 BUSINESS PHONE: 646-844-0037 MAIL ADDRESS: STREET 1: 1055B POWERS PLACE CITY: ALPHARETTA STATE: GA ZIP: 30009 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HERON THERAPEUTICS, INC. /DE/ CENTRAL INDEX KEY: 0000818033 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 942875566 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4242 CAMPUS POINT COURT, SUITE 200 CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 8582514400 MAIL ADDRESS: STREET 1: 4242 CAMPUS POINT COURT, SUITE 200 CITY: SAN DIEGO STATE: CA ZIP: 92121 FORMER COMPANY: FORMER CONFORMED NAME: AP PHARMA INC /DE/ DATE OF NAME CHANGE: 20010511 FORMER COMPANY: FORMER CONFORMED NAME: ADVANCED POLYMER SYSTEMS INC /DE/ DATE OF NAME CHANGE: 19920703 3 1 form312927018val_02082023.xml OWNERSHIP DOCUMENT X0206 3 2023-01-30 0 0000818033 HERON THERAPEUTICS, INC. /DE/ HRTX 0001848809 Velan Capital Investment Management LP 1055B POWERS PLACE ALPHARETTA GA 30009 0 0 0 1 See Footnote 2 0001964356 Velan Capital Master Fund LP 89 NEXUS WAY CAMANA BAY, GRAND CAYMAN E9 KY1-9009 CAYMAN ISLANDS 0 0 0 1 See Footnote 2 0001964353 Velan Capital Holdings LLC 1055B POWERS PLACE ALPHARETTA GA 30009 0 0 0 1 See Footnote 2 0001964355 Velan Capital Management LLC 1055B POWERS PLACE ALPHARETTA GA 30009 0 0 0 1 See Footnote 2 0001114916 VENKATARAMAN BALAJI 1055B POWERS PLACE ALPHARETTA GA 30009 0 0 0 1 See Footnote 2 0001964335 Morgan Adam 1055B POWERS PLACE ALPHARETTA GA 30009 0 0 0 1 See Footnote 2 Common Stock, par value $0.01 per share 4500000 I By Velan Capital Master Fund LP This Form 3 is filed jointly by Velan Capital Master Fund LP ("Velan Master"), Velan Capital Holdings LLC ("Velan GP"), Velan Capital Investment Management LP ("Velan Capital"), Velan Capital Management LLC ("Velan IM GP"), Balaji Venkataraman and Adam Morgan (collectively, the "Reporting Persons"). Each Reporting Person 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 Reporting Person disclaims beneficial ownership of the securities of the Issuer owned directly by the other members of the Section 13(d) group and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose. Further, each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. Securities beneficially owned directly by Velan Master. As the general partner of Velan Master, Velan GP may be deemed to beneficially own the securities owned directly by Velan Master. As the investment manager of Velan Master, Velan Capital may be deemed to beneficially own the securities owned directly by Velan Master. As the general partner of Velan Capital, Velan IM GP may be deemed to beneficially own the securities owned directly by Velan Master. As the managing members of Velan GP and Velan IM GP, Messrs. Venkataraman and Morgan may be deemed to beneficially own the securities owned directly by Velan Master. Velan Capital Master Fund LP, By: Velan Capital Holdings LLC, its general partner, By: /s/ Adam Morgan, managing member 2023-02-08 Velan Capital Holdings LLC, By: /s/ Adam Morgan, managing member 2023-02-08 Velan Capital Investment Management LP, By: Velan Capital Management LLC, its general partner, By: /s/ Adam Morgan, managing member 2023-02-08 Velan Capital Management LLC, By: /s/ Adam Morgan, managing member 2023-02-08 /s/ Balaji Venkataraman 2023-02-08 /s/ Adam Morgan 2023-02-08