| Item 1. | |
| (a) | Name of issuer:
PRECISION BIOSCIENCES INC |
| (b) | Address of issuer's principal executive offices:
302 EAST PETTIGREW STREET, SUITE A-100, DURHAM, NORTH CAROLINA, 27701. |
| Item 2. | |
| (a) | Name of person filing:
This statement is filed by the entities and persons listed below, who are collectively referred to herein as "Reporting Persons", with respect to the Common Stock (as defined in Item 2(d) below) of the Company:
(i) Aquilo Capital, L.P.
(ii) Aquilo Capital Management, LLC
(iii) Marc Schneidman |
| (b) | Address or principal business office or, if none, residence:
(i) Aquilo Capital, L.P.
One Letterman Drive, Suite D4900
Building D, The Presidio
San Francisco, CA 94129
(ii) Aquilo Capital Management, LLC
One Letterman Drive, Suite D4900
Building D, The Presidio
San Francisco, CA 94129
(iii) Marc Schneidman
c/o Aquilo Capital Management, LLC
One Letterman Drive, Suite D4900
Building D, The Presidio
San Francisco, CA 94129 |
| (c) | Citizenship:
(i) Aquilo Capital, L.P. - DE
(ii) Aquilo Capital Management, LLC - CA
(iii) Marc Schneidman - USA |
| (d) | Title of class of securities:
Common Stock, par value $0.000005 per share |
| (e) | CUSIP No.:
74019P207 |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) |  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) |  An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
|
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
|
| | |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
Aquilo Capital L.P.
Amount beneficially owned: 0
Aquilo Capital Management, LLC
Amount beneficially owned: 0
Marc Schneidman
Amount beneficially owned: 0 |
| (b) | Percent of class:
Aquilo Capital L.P.
Percent of Class: 0%
Aquilo Capital Management, LLC
Percent of Class: 0%
Marc Schneidman
Percent of Class: 0% |
| (c) | Number of shares as to which the person has:
|
| | (i) Sole power to vote or to direct the vote:
Aquilo Capital L.P.
Sole power to vote or to direct the vote: 0
Aquilo Capital Management, LLC
Sole power to vote or to direct the vote: 0
Marc Schneidman
Sole power to vote or to direct the vote: 0
|
| | (ii) Shared power to vote or to direct the vote:
Aquilo Capital L.P.
Shared power to vote or to direct the vote: 0
Aquilo Capital Management, LLC
Shared power to vote or to direct the vote: 0
Marc Schneidman
Shared power to vote or to direct the vote: 0
|
| | (iii) Sole power to dispose or to direct the disposition of:
Aquilo Capital L.P.
Sole power to dispose or to direct the disposition of: 0
Aquilo Capital Management, LLC
Sole power to dispose or to direct the disposition of: 0
Marc Schneidman
Sole power to dispose or to direct the disposition of: 0
|
| | (iv) Shared power to dispose or to direct the disposition of:
Aquilo Capital L.P.
Shared power to dispose or to direct the disposition of: 0
Aquilo Capital Management, LLC
Shared power to dispose or to direct the disposition of: 0
Marc Schneidman
Shared power to dispose or to direct the disposition of: 0
|
| Item 5. | Ownership of 5 Percent or Less of a Class. |
| |
Ownership of 5 percent or less of a class
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| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
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Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
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Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. |
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Not Applicable
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| Item 9. | Notice of Dissolution of Group. |
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Not Applicable
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