SEC Form SC 13D/A filed by Pear Therapeutics Inc. (Amendment)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D  

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

Pear Therapeutics, Inc.

(Name of Issuer)

Class A Common stock, $0.0001 par value per share

(Title of Class of Securities)

704723105

(CUSIP Number)

John Harris

JAZZ Venture Partners

548 Market Street, #27799

San Francisco, CA 94104

(206) 550-3838

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

April 11, 2023

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

* 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).

Explanatory Note

This Amendment No. 1 (“Amendment No. 1”), which amends the Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on December 13, 2021 (the “Original Schedule 13D”) on behalf of JAZZ Human Performance Opportunity Fund, L.P. (“Opportunity LP”), JAZZ Human Performance Opportunity GP, LLC (“Opportunity GP”), JAZZ Human Performance Technology Fund, L.P. (“Technology LP”) and JAZZ Human Performance Technology GP, LLC (“Technology GP” and, with Opportunity GP, Opportunity LP, and Technology LP, collectively, the “Reporting Persons”), relates to the Class A Common Stock, $0.0001 par value (“Class A Common Stock”) of Pear Therapeutics, Inc., a Delaware corporation. This Amendment is being filed by the Reporting Persons to report open market sales of Class A Common Stock on April 11, 2023 and April 12, 2023. Accordingly, the number of securities beneficially owned by the Reporting Persons has decreased as described in Items 4 and 5 below.

Items 4 and 5 of the Original Schedule 13D are hereby amended and supplemented to the extent hereinafter expressly set forth and, except as amended and supplemented hereby, the Original Schedule 13D remains in full force and effect. All capitalized terms used in this Amendment but not defined herein shall have the meanings ascribed thereto in the Original Schedule 13D.

Item 4. Purpose of Transaction

Item 4 of the Original Schedule 13D is hereby amended and supplemented by adding the following paragraph at the end of Item 4:

On April 11, 2023, Opportunity LP sold 214,193 shares of Class A Common Stock and Technology LP sold 1,927,736 shares of Class A Common Stock, each in open market transactions at a price of $0.11 per share.

On April 12, 2023, Opportunity LP sold 870,721 shares of Class A Common Stock and Technology LP sold 7,753,937 shares of Class A Common Stock, each in open market transactions at prices ranging from $0.11 to $0.14 per share (a weighted-average price of $0.12 per share).

Item 5 of the Original Schedule 13D is hereby amended and restated in its entirety as follows:

(a) – (b) The following information with respect to the ownership of the Class A Common Stock of the Issuer by the persons filing this statement on Schedule 13D is provided as of April 12, 2023:

Signature

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: April 28, 2023

JAZZ Human Performance Opportunity Fund, L.P.