UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G/A

 

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

Nextcure, Inc.

(Name of Issuer)

 

Common Stock, $0.001 par value per share

(Title of Class of Securities)

 

65343E108

(CUSIP Number)

 

December 31, 2022

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

CUSIP No. 65343E108 13G/A Page 2 of 9 Pages

 

1

NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Lilly Asia Ventures Fund III, L.P. (“FUNDIII”) 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐

(b) ☒ 

3

SEC USE ONLY

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

5

SOLE VOTING POWER

0

6

SHARED VOTING POWER

0

7

SOLE DISPOSITIVE POWER

0

8

SHARED DISPOSITIVE POWER

0

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 0

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES                                              ☐

  

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0%

12

TYPE OF REPORTING PERSON

PN 

 

 

 

 

CUSIP No. 65343E108 13G/A Page 3 of 9 Pages

 

1

NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

LAV Biosciences Fund III, L.P. (“BIOIII”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐

(b) ☒ 

3

SEC USE ONLY

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

5

SOLE VOTING POWER

0

6

SHARED VOTING POWER

0

7

SOLE DISPOSITIVE POWER

0

8

SHARED DISPOSITIVE POWER

0

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

0

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES                                              ☐

  

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0%

12

TYPE OF REPORTING PERSON

PN 

 

 

 

 

CUSIP No. 65343E108 13G/A Page 4 of 9 Pages

 

1

NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Yi Shi

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐

(b) ☒ 

3

SEC USE ONLY

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

United States 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

5

SOLE VOTING POWER

0

6

SHARED VOTING POWER

0

7

SOLE DISPOSITIVE POWER

0

8

SHARED DISPOSITIVE POWER

0

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

0

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES                                              ☐

  

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0%

12

TYPE OF REPORTING PERSON

IN 

 

 

 

 

CUSIP No. 65343E108 13G/A Page 5 of 9 Pages

 

Item 1(a)Name of Issuer:

 

Nextcure, Inc.

 

Item 1(b)Address of Issuer’s Principal Executive Offices:

 

9000 Virginia Manor Road, Suite 200

 

Beltsville, Maryland 20705

 

Item 2(a)Name of Persons Filing:

 

This Statement is filed by Lilly Asia Ventures Fund III, L.P. (“FUNDIII”), LAV Biosciences Fund III, L.P. (“BIOIII”) and Dr. Yi Shi. The foregoing entities and individual are collectively referred to as the “Reporting Persons.”

 

Dr. Shi is the managing partner of FUNDIII and BIOIII, and may be deemed to have shared power to vote and shared power to dispose of shares of the Issuer directly owned by FUNDIII and BIOIII.

 

Item 2(b) Address of Principal Business Office or, If None, Residence:

 

The address for FUNDIII, BIOIII and Dr. Shi is Room 606-7, St. George’s Building,

 

2 Ice House Street, Central, Hong Kong.

 

Item 2(c) Citizenship:

 

FUNDIII and BIOIII are Cayman Islands partnerships. Dr. Shi is a United States citizen.

 

Item 2(d)Title of Class of Securities:

 

Common Stock, $0.001 par value per share

 

Item 2(e)CUSIP Number:

 

CUSIP #65343E108

 

Item 3.Not applicable.

 

Item 4.Ownership

 

The following information with respect to the ownership of the Common Stock of the Issuer by the Reporting Persons is provided as of December 31, 2022:

 

(a)Amount beneficially owned:

 

See Row 9 of cover page for each Reporting Person.

 

(b)Percent of Class:

 

See Row 11 of cover page for each Reporting Person.

 

(c)Number of shares as to which such person has:

 

(i)Sole power to vote or to direct the vote:

 

See Row 5 of cover page for each Reporting Person.

 

 

 

 

CUSIP No. 65343E108 13G/A Page 6 of 9 Pages

 

(ii)Shared power to vote or to direct the vote:

 

See Row 6 of cover page for each Reporting Person.

 

(iii)Sole power to dispose or to direct the disposition of:

 

See Row 7 of cover page for each Reporting Person.

 

(iv)Shared power to dispose or to direct the disposition of:

 

See Row 8 of cover page for each Reporting Person.

 

Item 5. Ownership of Five Percent or Less of a Class

 

Not applicable.

 

Item 6.Ownership of More Than Five Percent on Behalf of Another Person

 

Not applicable.

 

Item 7.Identification and Classification of Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person

 

Not applicable.

 

Item 8.Identification and Classification of Members of the Group

 

Not applicable.

 

Item 9.Notice of Dissolution of Group

 

Not applicable.

 

Item 10.Certifications

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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.

 

 

 

 

CUSIP No. 65343E108 13G/A Page 7 of 9 Pages

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 6, 2023

 

  Lilly Asia Ventures Fund III, L.P.
     
  By: /s/ Yi Shi
  Name: Yi Shi
  Title: Managing Partner
     
  LAV Biosciences Fund III, L.P.
     
  By: /s/ Yi Shi
  Name: Yi Shi
  Title: Managing Partner
     
  Yi Shi
 

 

  /s/ Yi Shi
  Yi Shi

 

 

 

 

CUSIP No. 65343E108 13G/A Page 8 of 9 Pages

 

EXHIBIT INDEX

 

Exhibit   Found on Sequentially
Numbered Page
     
Exhibit A:  Agreement of Joint Filing   9

 

 

 

 

CUSIP No. 65343E108 13G/A Page 9 of 9 Pages

 

EXHIBIT A

 

Agreement of Joint Filing

 

The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Common Stock of Nextcure, Inc. shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G.

 

Dated: February 6, 2023

 

  Lilly Asia Ventures Fund III, L.P.
     
  By: /s/ Yi Shi
  Name:  Yi Shi
  Title: Managing Partner
     
  LAV Biosciences Fund III, L.P.
     
  By: /s/ Yi Shi
  Name: Yi Shi
  Title: Managing Partner
     
  Yi Shi
 

 

  /s/ Yi Shi
  Yi Shi