SEC Form SC 13G filed by Forte Biosciences Inc.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Forte Biosciences, Inc.
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Common Stock
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34962G109
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December 31, 2023
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(Date of Event which Requires Filing of this Statement)
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1
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Names of Reporting Persons.
TYBOURNE CAPITAL MANAGEMENT (HK) LIMITED
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) [ ]
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(b) [ ]
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3
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SEC Use Only
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4
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Citizenship or Place of Organization.
Hong Kong
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Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
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5 Sole Voting Power
0 shares
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6 Shared Voting
Power
3,630,468 shares (** Refer to Item 4 below)
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7 Sole Dispositive
Power
0 shares
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8 Shared
Dispositive Power
3,630,468 shares (** Refer to Item 4 below)
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
3,630,468 shares (** Refer to Item 4 below)
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10
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
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11
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Percent of Class Represented by Amount in Row (9)
9.99% (** Refer to Item 4 below)
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12
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Type of Reporting Person (See Instructions)
FI
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1
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Names of Reporting Persons.
TYBOURNE STRATEGIC OPPORTUNITIES GP II LIMITED
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) [ ]
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(b) [ ]
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3
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SEC Use Only
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4
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Citizenship or Place of Organization.
|
Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
|
5 Sole Voting Power
0 shares
|
6 Shared Voting
Power
3,630,468 shares (** Refer to Item 4 below)
|
|
7 Sole Dispositive
Power
0 shares
|
|
8 Shared
Dispositive Power
3,630,468 shares (** Refer to Item 4 below)
|
9
|
Aggregate Amount Beneficially Owned by Each Reporting Person
3,630,468 shares (** Refer to Item 4 below)
|
10
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
|
11
|
Percent of Class Represented by Amount in Row (9)
9.99% (** Refer to Item 4 below)
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12
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Type of Reporting Person (See Instructions)
FI
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1
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Names of Reporting Persons.
TYBOURNE CAPITAL MANAGEMENT LIMITED
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) [ ]
|
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(b) [ ]
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3
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SEC Use Only
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4
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Citizenship or Place of Organization.
Cayman Islands
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Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
|
5 Sole Voting Power
0 shares
|
6 Shared Voting
Power
3,630,468 shares (** Refer to Item 4 below)
|
|
7 Sole Dispositive
Power
0 shares
|
|
8 Shared
Dispositive Power
3,630,468 shares (** Refer to Item 4 below)
|
9
|
Aggregate Amount Beneficially Owned by Each Reporting Person
3,630,468 shares (** Refer to Item 4 below)
|
10
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
|
11
|
Percent of Class Represented by Amount in Row (9)
9.99% (** Refer to Item 4 below)
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12
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Type of Reporting Person (See Instructions)
HC
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1
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Names of Reporting Persons.
TYBOURNE KESARI LIMITED
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) [ ]
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(b) [ ]
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3
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SEC Use Only
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4
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Citizenship or Place of Organization.
Cayman Islands
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Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
|
5 Sole Voting Power
0 shares
|
6 Shared Voting
Power
3,630,468 shares (** Refer to Item 4 below)
|
|
7 Sole Dispositive
Power
0 shares
|
|
8 Shared
Dispositive Power
3,630,468 shares (** Refer to Item 4 below)
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
3,630,468 shares (** Refer to Item 4 below)
|
10
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
|
11
|
Percent of Class Represented by Amount in Row (9)
9.99% (** Refer to Item 4 below)
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12
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Type of Reporting Person (See Instructions)
HC
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1
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Names of Reporting Persons.
VISWANATHAN KRISHNAN
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) [ ]
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(b) [ ]
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3
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SEC Use Only
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4
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Citizenship or Place of Organization.
United Kingdom
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Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
|
5 Sole Voting Power
0 shares
|
6 Shared Voting
Power
3,630,468 shares (** Refer to Item 4 below)
|
|
7 Sole Dispositive
Power
0 shares
|
|
8 Shared
Dispositive Power
3,630,468 shares (** Refer to Item 4 below)
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
3,630,468 shares (** Refer to Item 4 below)
|
10
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
|
11
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Percent of Class Represented by Amount in Row (9)
9.99% (** Refer to Item 4 below)
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12
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Type of Reporting Person (See Instructions)
IN, HC
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Item 1
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(a)
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Name of Issuer
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Forte Biosciences, Inc. (the “Issuer”)
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(b)
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Address of Issuer’s Principal Executive Offices
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3060 Pegasus Park Drive, Building 6, Dallas, Texas 75247
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Item 2
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(a)
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Name of Person Filing
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This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):
i) Tybourne Capital Management (HK) Limited (“Tybourne HK”);
ii) Tybourne Strategic Opportunities GP II Limited (the “GP”)
iii) Tybourne Capital Management Limited (“Tybourne Cayman”);
iv) Tybourne Kesari Limited (“Tybourne Kesari”); and
v) Viswanathan Krishnan (“Mr. Krishnan”)
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(b)
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Address of Principal Business Office or, if none, Residence
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The address of the principal business office of each Tybourne HK and Mr. Krishnan is Suites 1021-1025, 10/F, Champion Tower, 3 Garden Road, Central, Hong Kong. The address of the registered office of each of Tybourne Cayman, the GP and
Tybourne Kesari is c/o Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman, KY 1-1104, Cayman Islands.
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(c)
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Citizenship
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i) Tybourne HK is a company incorporated in Hong Kong with limited liability;
ii) the GP is a company incorporated in the Cayman Islands with limited liability;
iii) Tybourne Cayman is a company incorporated in the Cayman Islands with limited liability;
iv) Tybourne Kesari is organized in the Cayman Islands; and
v) Mr. Krishnan is a citizen of the United Kingdom.
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(d)
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Title of Class of Securities
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Common Stock (“Common Stock”)
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(e)
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CUSIP Number
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34962G109
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Item 3
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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:
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(a)
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[ ]
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Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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(b)
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[ ]
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Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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(c)
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[ ]
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Insurance Company as defined in Section 3(a)(19) of the Act;
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(d)
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[ ]
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Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
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(e)
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[ ]
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An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
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(f)
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[ ]
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An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
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(g)
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[X]
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A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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(h)
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[ ]
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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)
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[ ]
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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)
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[X]
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A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J);
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(k)
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[ ]
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Group, in accordance with §240.13d-1(b)(1)(ii)(K).
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Item 4
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Ownership
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Item 4(a)
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Amount Beneficially Owned**
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The information set forth in Row 9 on the cover page for each Reporting Person is hereby incorporated by reference into this Item 4(a) for each such Reporting Person.
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Item 4(b)
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Percent of Class**
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The information set forth in Row 11 on the cover page for each Reporting Person is hereby incorporated by reference into this Item 4(b) for each such Reporting Person.
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Item 4(c)
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Number of shares as to which each such person has:**
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(i)
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sole power to vote or to direct the vote
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(ii)
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shared power to vote or to direct the vote
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(iii)
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sole power to dispose or to direct the disposition of
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(iv)
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shared power to dispose or to direct the disposition of
The information set forth in Rows 5 through 8 on the cover page for each Reporting Person is hereby incorporated by reference into this Item 4(c) for each such Reporting Person.
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Item 5
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Ownership of Five Percent or Less of a Class
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If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of
securities, check the following [ ].
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Item 6
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Ownership of More than Five Percent on Behalf of Another Person
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Tybourne Strategic Opportunities Fund II LP has the right to receive dividends from, or the proceeds from the sale of, more than 5% of the Shares outstanding.
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Item 7
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Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
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See disclosure in Item 2 hereof.
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Item 8
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Identification and Classification of Members of the Group
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This Item 8 is not applicable.
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Item 9
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Notice of Dissolution of Group
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This Item 9 is not applicable.
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Item 10
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Certification
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Exhibits
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Exhibit
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99.1
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Joint Filing Agreement, executed by and among the Reporting Persons.
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TYBOURNE CAPITAL MANAGEMENT (HK) LIMITED
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By: /s/ Catherine Cheung
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Catherine Cheung, Chief Operating Officer
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TYBOURNE STRATEGIC OPPORTUNITIES GP II LIMITED
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By: /s/ Viswanathan Krishnan
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Viswanathan Krishnan, Director
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TYBOURNE CAPITAL MANAGEMENT LIMITED
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By: Tybourne Kesari Limited,
its Parent
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By: /s/ Viswanathan Krishnan
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Viswanathan Krishnan, Principal
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TYBOURNE KESARI LIMITED
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By: /s/ Viswanathan Krishnan
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Viswanathan Krishnan, Principal
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VISWANATHAN KRISHNAN
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By: /s/ Viswanathan Krishnan
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Viswanathan Krishnan, Individually
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