AI Biotechnology LLC - 01 Nov 2023 Form 3 Insider Report for VYNE Therapeutics Inc. (VYNE)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
3
Accepted by SEC
13 Nov 2023, 08:30:21 UTC
Next SEC filing
28 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Alejandro Moreno for AI Biotechnology LLC

Key filing fact

AI Biotechnology LLC filed Form 3 for VYNE Therapeutics Inc. (VYNE) on 13 Nov 2023.

Key facts

  • This page summarizes AI Biotechnology LLC's Form 3 filing for VYNE Therapeutics Inc. (VYNE).
  • 0 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 13 Nov 2023, 08:30.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VYNE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,116,585
Date
01 Nov 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VYNE holding Derivative

Warrant (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
01 Nov 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,792,448
Exercise price
$0.000100
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The securities reported are held directly by AI Biotechnology LLC ("AI Biotechnology") and may be deemed to be beneficially owned by Access Industries Holdings LLC ("AIH"), Access Industries Management, LLC ("AIM") and Len Blavatnik because (i) Mr. Blavatnik controls AIM and AIH, (ii) AIM controls AIH, and (iii) AIH owns all of the voting units of AI Biotechnology. Each of the reporting persons (other than AI Biotechnology) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this form shall not be construed as an admission that any such reporting person is the beneficial owner of any of the securities reported on this form.

Footnote F2

Each pre-funded warrant is exercisable at any time after the date of issuance and the pre-funded warrants do not expire. The pre-funded warrants are not exercisable to the extent that the aggregate number of shares of Common Stock beneficially owned by AI Biotechnology immediately following such exercise would exceed 9.99%; provided, however, that AI Biotechnology may increase or decrease the beneficial ownership limitation by giving 60 days' notice to the Issuer, but not to exceed any percentage in excess of 19.99%.

SEC remarks

Exhibit List: Ex.24 - Power of Attorney

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