Check the appropriate box
to designate the rule pursuant to which this Schedule is filed:
*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 the disclosures provided in a prior cover page.
The information
required in 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. 68572M106
1 |
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
RA Capital Management, L.P.
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ¨
(b) ¨
|
3 |
SEC USE ONLY
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: |
5 |
SOLE VOTING POWER
0
|
6 |
SHARED VOTING POWER
610,283 |
7 |
SOLE DISPOSITIVE POWER
0
|
8 |
SHARED DISPOSITIVE POWER
610,283 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
610,283 |
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%1
|
12 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IA, PN
|
|
|
|
|
1 The percentage reported herein reflects the Reporting
Person’s beneficial ownership of shares of the Issuer’s Common Stock as of December 31, 2022. As of the date hereof, the
Reporting Person no longer beneficially owns any shares of the Issuer’s Common Stock.
CUSIP No. 68572M106
1 |
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Peter Kolchinsky
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ¨
(b) ¨
|
3 |
SEC USE ONLY
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: |
5 |
SOLE VOTING POWER
0
|
6 |
SHARED VOTING POWER
610,283 |
7 |
SOLE DISPOSITIVE POWER
0
|
8 |
SHARED DISPOSITIVE POWER
610,283 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
610,283 |
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%2
|
12 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
HC, IN
|
|
|
|
|
2 The percentage reported herein reflects the Reporting
Person’s beneficial ownership of shares of the Issuer’s Common Stock as of December 31, 2022. As of the date hereof, the
Reporting Person no longer beneficially owns any shares of the Issuer’s Common Stock.
CUSIP No. 68572M106
1 |
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Rajeev Shah
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ¨
(b) ¨
|
3 |
SEC USE ONLY
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: |
5 |
SOLE VOTING POWER
0
|
6 |
SHARED VOTING POWER
610,283 |
7 |
SOLE DISPOSITIVE POWER
0
|
8 |
SHARED DISPOSITIVE POWER
610,283 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
610,283 |
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%3
|
12 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
HC, IN
|
|
|
|
|
3 The percentage reported herein reflects the Reporting
Person’s beneficial ownership of shares of the Issuer’s Common Stock as of December 31, 2022. As of the date hereof, the
Reporting Person no longer beneficially owns any shares of the Issuer’s Common Stock.
CUSIP No. 68572M106
1 |
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
RA Capital Healthcare Fund, L.P.
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ¨
(b) ¨
|
3 |
SEC USE ONLY
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: |
5 |
SOLE VOTING POWER
0
|
6 |
SHARED VOTING POWER
610,283 |
7 |
SOLE DISPOSITIVE POWER
0
|
8 |
SHARED DISPOSITIVE POWER
610,283 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
610,283 |
10 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%4
|
12 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
|
|
|
|
|
4 The percentage reported herein reflects the Reporting
Person’s beneficial ownership of shares of the Issuer’s Common Stock as of December 31, 2022. As of the date hereof, the
Reporting Person no longer beneficially owns any shares of the Issuer’s Common Stock.
|
Item 1(a). |
Name of Issuer: |
Orchestra
BioMed Holdings, Inc. (the “Issuer”).
| Item 1(b). | Address
of Issuer’s Principal Executive Offices: |
40 10th Avenue, Floor 7, New York, New York 10014.
| Item 2(a). | Names
of Persons Filing: |
The names of the persons filing this report (collectively,
the “Reporting Persons”) are:
RA Capital Management, L.P. (“RA Capital”)
Peter Kolchinsky
Rajeev Shah
RA Capital Healthcare Fund, L.P. (the “Fund”)
| Item 2(b). | Address
of Principal Business Office or, if None, Residence: |
The address of the principal business office of each of
the Reporting Persons is:
c/o RA Capital Management, L.P., 200 Berkeley Street, 18th
Floor, Boston MA 02116.
RA Capital and the Fund are Delaware limited partnerships.
Dr. Kolchinsky and Mr. Shah are United States citizens.
| Item 2(d). | Title
of Class of Securities: |
Common Stock, par value $0.0001 per
share (“Common Stock”).
68572M106.
| 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: |
Not applicable.
The information required by this item with respect to each
Reporting Person is set forth in Rows 5 through 9 and 11 of the cover pages to this Schedule 13G. The ownership percentages reported
are based on 11,212,117 total shares of Common Stock, as reported in the Issuer’s Prospectus Supplement with the Securities and
Exchange Commission on December 16, 2022.
The beneficial ownership reported above reflects the Reporting
Persons’ ownership as of December 31, 2022. As of the date hereof, the Reporting Persons no longer beneficially owns any shares
of Common Stock.
RA
Capital Healthcare Fund GP, LLC is the general partner of the Fund. The general partner of RA Capital is RA Capital Management GP, LLC,
of which Dr. Kolchinsky and Mr. Shah are the controlling persons. RA Capital serves as investment adviser for the Fund
and may be deemed a beneficial owner, for purposes of Section 13(d) of the Securities Exchange Act of 1934 (the “Act”),
of any securities of the Issuer held by the Fund. The Fund has delegated to RA Capital the sole power to vote and the sole power to dispose
of all securities held in the Fund’s portfolios, including the shares of the Issuer’s Common Stock reported herein.
Because the Fund has divested itself of voting and investment power over the reported securities it holds and may not revoke that delegation
on less than 61 days’ notice, the Fund disclaims beneficial ownership of the securities it holds for purposes of Section 13(d) of
the Act and therefore disclaim any obligation to report ownership of the reported securities under Section 13(d) of the Act.
As managers of RA Capital, Dr. Kolchinsky and Mr. Shah may be deemed beneficial owners, for purposes of Section 13(d) of
the Act, of any securities of the Issuer beneficially owned by RA Capital. RA Capital, Dr. Kolchinsky, and Mr. Shah disclaim
beneficial ownership of the securities reported in this Schedule 13G other than for the purpose of determining their obligations under
Section 13(d) of the Act, and the filing of this Schedule 13G shall not be deemed an admission that either RA Capital, Dr. Kolchinsky,
or Mr. Shah is the beneficial owner of such securities for any other purpose.
| Item 5. | Ownership
of Five Percent or Less of a Class. |
If
this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner
of more than five percent of the class of securities, check the following x.
| Item 6. | Ownership
of More than Five Percent on Behalf of Another Person. |
Not applicable.
| Item 7. | Identification
and Classification of the 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.
Not applicable.
Exhibit List
Exhibit 1: Joint Filing Agreement
SIGNATURE
After reasonable inquiry and to the best of its
knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
Date: |
February 14, 2023 |
|
|
|
|
|
RA CAPITAL MANAGEMENT, L.P. |
|
|
|
|
|
By: |
/s/ Peter Kolchinsky |
|
|
Name: |
Peter Kolchinsky |
|
|
Title: |
Authorized Signatory |
|
|
|
PETER KOLCHINSKY |
|
|
|
/s/ Peter Kolchinsky |
|
|
|
RAJEEV SHAH |
|
|
|
/s/ Rajeev Shah |
|
|
|
|
|
RA CAPITAL HEALTHCARE FUND, L.P. |
|
|
|
|
|
By: |
RA Capital Healthcare Fund GP, LLC |
|
Its: |
General Partner |
|
|
|
By: |
/s/ Peter Kolchinsky |
|
|
Name: |
Peter Kolchinsky |
|
|
Title: |
Manager |
|
EXHIBIT 1
AGREEMENT
This Joint Filing Agreement, dated as of February 14, 2023, is
by and among RA Capital Management, L.P., Peter Kolchinsky, Rajeev Shah, and RA Capital Healthcare Fund, L.P. (the foregoing are collectively
referred to herein as the “Filers”).
Pursuant to and in accordance with Rule 13d-1(k) promulgated
under the Securities Exchange Act of 1934, as amended, the Filers hereby agree to file the foregoing statement on Schedule 13G with respect
to the Common Stock, $0.0001 par value per share, of Orchestra BioMed Holdings, Inc. on behalf of each of such parties, and hereby
further agree to file this Joint Filing Agreement as an exhibit to such statement, as required by such rule.
This Joint Filing Agreement may be terminated by any of the Filers
upon one week’s prior written notice or such lesser period of notice as the Filers may mutually agree.
Executed and delivered as of the date first above written.
RA CAPITAL MANAGEMENT, L.P. |
|
|
|
|
|
By: |
/s/
Peter Kolchinsky |
|
|
Name: |
Peter Kolchinsky |
|
|
Title: |
Authorized Signatory |
|
|
|
PETER KOLCHINSKY |
|
|
|
/s/
Peter Kolchinsky |
|
|
|
RAJEEV SHAH |
|
|
|
/s/
Rajeev Shah |
|
|
|
RA CAPITAL HEALTHCARE FUND, L.P. |
|
|
|
|
|
By: |
RA Capital Healthcare Fund GP, LLC |
|
Its: |
General Partner |
|
|
|
By: |
/s/
Peter Kolchinsky |
|
|
Name: |
Peter Kolchinsky |
|
|
Title: |
Manager |
|