4//SEC Filing
Frazier Life Sciences Public Fund, L.P. 4
Accession 0001231919-25-000588
CIK 0001501756other
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 5:29 PM ET
Size
10.0 KB
Accession
0001231919-25-000588
Insider Transaction Report
Form 4
Transactions
- Disposition from Tender
Common Stock
2025-12-09$3.56/sh−4,288,949$15,268,658→ 0 total
Footnotes (2)
- [F1]Reflects disposition of the Issuer's equity securities on December 9, 2025 upon the consummation of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 24, 2025, by and among Issuer, Eli Lilly and Company ("Parent") and Tigers Acquisition Corporation, a wholly owned subsidiary of Parent ("Merger Sub"), including the consummation of the merger between Issuer and Merger Sub and related tender offer from Merger Sub to the stockholders of the Issuer (the "Offer"). Pursuant to the Offer, Merger Sub purchased each share of the Issuer's Common Stock ("Shares") held by the Reporting Person in exchange for (i) $3.56 per share in cash plus (ii) one non-tradable contingent value right ("CRV") that entitles the holder to receive up to an additional $8.91 per CVR in cash upon the achievement of two milestones described in the Merger Agreement.
- [F2]The shares are held directly by Frazier Life Sciences Public Fund, L.P. FHMLSP, L.P. is the general partner of Frazier Life Sciences Public Fund, L.P. and FHMLSP, L.L.C. is the general partner of FHMLSP, L.P.
Documents
Issuer
Adverum Biotechnologies, Inc.
CIK 0001501756
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001863769
Filing Metadata
- Form type
- 4
- Filed
- Dec 8, 7:00 PM ET
- Accepted
- Dec 9, 5:29 PM ET
- Size
- 10.0 KB