UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G/A

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)*

 

Galera Therapeutics, Inc.

(Name of Issuer)

 

Common Stock, $0.001 par value

(Title of Class of Securities)

 

36338D108

(CUSIP Number)

 

December 31, 2020

(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)

 

  x 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 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. 36338D108 Page 2 of 14

 

1.

Name of reporting persons

 

Venrock Healthcare Capital Partners III, L.P.

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) x1 (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

 

917,8602

7.

Sole Dispositive Power

 

0

8.

Shared Dispositive Power

 

917,8602

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

917,8602

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨

 

11.

Percent of Class Represented by Amount in Row (9)

 

3.7%3

12.

Type of Reporting Person (See Instructions)

 

PN

 

Venrock Healthcare Capital Partners III, L.P., VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management III, LLC, VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A.

 

Consists of (i) 414,047 shares held by Venrock Healthcare Capital Partners III, L.P., (ii) 41,396 shares held by VHCP Co-Investment Holdings III, LLC and (iii) 462,417 shares held by Venrock Healthcare Capital Partners EG, L.P.

 

This percentage is calculated based upon 24,951,352 shares of the Issuer’s Common Stock outstanding as of November 5, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2020.

 

 

 

 

CUSIP No. 36338D108 Page 3 of 14

 

1.

Name of reporting persons

 

VHCP Co-Investment Holdings III, LLC

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) x1 (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

 

917,8602

7.

Sole Dispositive Power

 

0

8.

Shared Dispositive Power

 

917,8602

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

917,8602

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨

 

11.

Percent of Class Represented by Amount in Row (9)

 

3.7%3

12.

Type of Reporting Person (See Instructions)

 

OO

 

Venrock Healthcare Capital Partners III, L.P., VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management III, LLC, VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A.

 

Consists of (i) 414,047 shares held by Venrock Healthcare Capital Partners III, L.P., (ii) 41,396 shares held by VHCP Co-Investment Holdings III, LLC and (iii) 462,417 shares held by Venrock Healthcare Capital Partners EG, L.P.

 

This percentage is calculated based upon 24,951,352 shares of the Issuer’s Common Stock outstanding as of November 5, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2020.

 

 

 

 

CUSIP No. 36338D108 Page 4 of 14

 

1.

Name of reporting persons

 

Venrock Healthcare Capital Partners EG, L.P.

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) x1 (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

 

917,8602

7.

Sole Dispositive Power

 

0

8.

Shared Dispositive Power

 

917,8602

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

917,8602

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨

 

11.

Percent of Class Represented by Amount in Row (9)

 

3.7%3

12.

Type of Reporting Person (See Instructions)

 

PN

 

Venrock Healthcare Capital Partners III, L.P., VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management III, LLC, VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A.

 

Consists of (i) 414,047 shares held by Venrock Healthcare Capital Partners III, L.P., (ii) 41,396 shares held by VHCP Co-Investment Holdings III, LLC and (iii) 462,417 shares held by Venrock Healthcare Capital Partners EG, L.P.

 

This percentage is calculated based upon 24,951,352 shares of the Issuer’s Common Stock outstanding as of November 5, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2020.

 

 

 

 

 CUSIP No. 36338D108 Page 5 of 14

 

1.

Name of reporting persons

 

VHCP Management III, LLC

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) x1 (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

 

917,8602

7.

Sole Dispositive Power

 

0

8.

Shared Dispositive Power

 

917,8602

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

917,8602

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨

 

11.

Percent of Class Represented by Amount in Row (9)

 

3.7%3

12.

Type of Reporting Person (See Instructions)

 

OO

 

Venrock Healthcare Capital Partners III, L.P., VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management III, LLC, VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A.

 

Consists of (i) 414,047 shares held by Venrock Healthcare Capital Partners III, L.P., (ii) 41,396 shares held by VHCP Co-Investment Holdings III, LLC and (iii) 462,417 shares held by Venrock Healthcare Capital Partners EG, L.P.

 

This percentage is calculated based upon 24,951,352 shares of the Issuer’s Common Stock outstanding as of November 5, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2020.

 

 

 

 

CUSIP No. 36338D108 Page 6 of 14

 

1.

Name of reporting persons

 

VHCP Management EG, LLC

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) x1 (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

 

917,8602

7.

Sole Dispositive Power

 

0

8.

Shared Dispositive Power

 

917,8602

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

917,8602

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨

 

11.

Percent of Class Represented by Amount in Row (9)

 

3.7%3

12.

Type of Reporting Person (See Instructions)

 

OO

 

Venrock Healthcare Capital Partners III, L.P., VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management III, LLC, VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A.

 

Consists of (i) 414,047 shares held by Venrock Healthcare Capital Partners III, L.P., (ii) 41,396 shares held by VHCP Co-Investment Holdings III, LLC and (iii) 462,417 shares held by Venrock Healthcare Capital Partners EG, L.P.

 

This percentage is calculated based upon 24,951,352 shares of the Issuer’s Common Stock outstanding as of November 5, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2020.

 

 

 

 

CUSIP No. 36338D108 Page 7 of 14

 

1.

Name of Reporting Persons

 

Shah, Nimish

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) x1 (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

 

917,8602

7.

Sole Dispositive Power

 

0

8.

Shared Dispositive Power

 

917,8602

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

917,8602

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨

 

11.

Percent of Class Represented by Amount in Row (9)

 

3.7%3

12.

Type of Reporting Person (See Instructions)

 

IN

 

Venrock Healthcare Capital Partners III, L.P., VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management III, LLC, VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A.

 

Consists of (i) 414,047 shares held by Venrock Healthcare Capital Partners III, L.P., (ii) 41,396 shares held by VHCP Co-Investment Holdings III, LLC and (iii) 462,417 shares held by Venrock Healthcare Capital Partners EG, L.P.

 

This percentage is calculated based upon 24,951,352 shares of the Issuer’s Common Stock outstanding as of November 5, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2020.

 

 

 

 

CUSIP No. 36338D108 Page 8 of 14

 

1.

Name of Reporting Persons

 

Koh, Bong

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) x1 (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

 

917,8602

7.

Sole Dispositive Power

 

0

8.

Shared Dispositive Power

 

917,8602

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

917,8602

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨

 

11.

Percent of Class Represented by Amount in Row (9)

 

3.7%3

12.

Type of Reporting Person (See Instructions)

 

IN

 

Venrock Healthcare Capital Partners III, L.P., VHCP Co-Investment Holdings III, LLC, Venrock Healthcare Capital Partners EG, L.P., VHCP Management III, LLC, VHCP Management EG, LLC, Nimish Shah and Bong Koh are members of a group for the purposes of this Schedule 13G/A.

 

Consists of (i) 414,047 shares held by Venrock Healthcare Capital Partners III, L.P., (ii) 41,396 shares held by VHCP Co-Investment Holdings III, LLC and (iii) 462,417 shares held by Venrock Healthcare Capital Partners EG, L.P.

 

This percentage is calculated based upon 24,951,352 shares of the Issuer’s Common Stock outstanding as of November 5, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2020.

 

 

 

 

CUSIP No. 36338D108 Page 9 of 14

 

Introductory Note: This Schedule 13G/A is filed on behalf of Venrock Healthcare Capital Partners III, L.P., a limited partnership organized under the laws of the State of Delaware (“VHCP III LP”), VHCP Co-Investment Holdings III, LLC, a limited liability company organized under the laws of the State of Delaware (“VHCP Co-Investment III”), Venrock Healthcare Capital Partners EG, L.P., a limited partnership organized under the laws of the State of Delaware (“VHCP EG”), VHCP Management III, LLC, a limited liability company organized under the laws of the State of Delaware (“VHCP Management III”), VHCP Management EG, LLC, a limited liability company organized under the laws of the State of Delaware (“VHCP Management EG” and collectively with VHCP III LP, VHCP Co-Investment III, VHCP EG and VHCP Management III, the “Venrock Entities”), Nimish Shah (“Shah”) and Bong Koh (“Koh”) in respect of Common Stock of Galera Therapeutics, Inc.

 

Item 1.

 

  (a) Name of Issuer

 

Galera Therapeutics, Inc.

 

  (b) Address of Issuer’s Principal Executive Offices

 

2 W. Liberty Boulevard #100

Malvern, Pennsylvania 19355

 

Item 2.

 

  (a) Name of Person Filing

 

Venrock Healthcare Capital Partners III, L.P.

VHCP Co-Investment Holdings III, LLC

Venrock Healthcare Capital Partners EG, L.P.

VHCP Management III, LLC

VHCP Management EG, LLC

Nimish Shah

Bong Koh

 

  (b) Address of Principal Business Office or, if none, Residence

 

New York Office:   Palo Alto Office:  
       
7 Bryant Park   3340 Hillview Avenue  
23rd Floor   Palo Alto, CA 94304  
New York, NY 10018      

 

  (c) Citizenship

 

All of the Venrock Entities were organized in Delaware. The individuals are both United States citizens.

 

  (d) Title of Class of Securities

 

Common Stock, par value $0.001 per share

 

  (e) CUSIP Number

 

 

 

 


CUSIP No. 36338D108
Page 10 of 14

 

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

 

Item 4. Ownership

 

  (a) Amount Beneficially Owned as of December 31, 2020:

 

Venrock Healthcare Capital Partners III, L.P.   917,860 (1)
VHCP Co-Investment Holdings III, LLC   917,860 (1)
Venrock Healthcare Capital Partners EG, L.P.   917,860 (1)
VHCP Management III, LLC   917,860 (1)
VHCP Management EG, LLC   917,860 (1)
Nimish Shah   917,860 (1)
Bong Koh   917,860 (1)

 

  (b) Percent of Class as of December 31, 2020:

 

Venrock Healthcare Capital Partners III, L.P.   3.7 %
VHCP Co-Investment Holdings III, LLC   3.7 %
Venrock Healthcare Capital Partners EG, L.P.   3.7 %
VHCP Management III, LLC   3.7 %
VHCP Management EG, LLC   3.7 %
Nimish Shah   3.7 %
Bong Koh   3.7 %

 

  (c) Number of shares as to which the person has, as of December 31, 2020:

 

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

 

Venrock Healthcare Capital Partners III, L.P.   0
VHCP Co-Investment Holdings III, LLC   0
Venrock Healthcare Capital Partners EG, L.P.   0
VHCP Management III, LLC   0
VHCP Management EG, LLC   0
Nimish Shah   0
Bong Koh   0

 

 

 

 

CUSIP No. 36338D108 Page 11 of 14

 

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

 

Venrock Healthcare Capital Partners III, L.P.   917,860 (1)
VHCP Co-Investment Holdings III, LLC   917,860 (1)
Venrock Healthcare Capital Partners EG, L.P.   917,860 (1)
VHCP Management III, LLC   917,860 (1)
VHCP Management EG, LLC   917,860 (1)
Nimish Shah   917,860 (1)
Bong Koh   917,860 (1)

 

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

 

Venrock Healthcare Capital Partners III, L.P.   0  
VHCP Co-Investment Holdings III, LLC            0  
Venrock Healthcare Capital Partners EG, L.P.   0  
VHCP Management III, LLC   0  
VHCP Management EG, LLC   0  
Nimish Shah   0  
Bong Koh   0  

 

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

 

Venrock Healthcare Capital Partners III, L.P.   917,860 (1)
VHCP Co-Investment Holdings III, LLC   917,860 (1)
Venrock Healthcare Capital Partners EG, L.P.   917,860 (1)
VHCP Management III, LLC   917,860 (1)
VHCP Management EG, LLC   917,860 (1)
Nimish Shah   917,860 (1)
Bong Koh   917,860 (1)

 

(1) Consists of (i) 414,047 shares held by Venrock Healthcare Capital Partners III, L.P., (ii) 41,396 shares held by VHCP Co-Investment Holdings III, LLC and (iii) 462,417 shares held by Venrock Healthcare Capital Partners EG, L.P. VHCP Management III, LLC is the general partner of Venrock Healthcare Capital Partners III, L.P. and the manager of VHCP Co-Investment Holdings III, LLC. VHCP Management EG, LLC is the general partner of Venrock Healthcare Capital Partners EG, L.P. Messrs. Shah and Koh are the voting members of VHCP Management III, LLC and VHCP Management EG, LLC.

 

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 person has 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

 

 

 

 

CUSIP No. 36338D108 Page 12 of 14

 

Item 8. Identification and Classification of Members of the Group

 

Not Applicable

 

Item 9. Notice of Dissolution of a Group

 

Not Applicable

 

Item 10. Certification

 

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. 36338D108 Page 13 of 14

 

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: February 16, 2021

 

Venrock Healthcare Capital Partners III, L.P.   Venrock Healthcare Capital Partners EG, L.P.
         
By: VHCP Management III, LLC   By: VHCP Management EG, LLC
Its: General Partner   Its: General Partner
         
By: /s/ David L. Stepp   By: /s/ David L. Stepp
  Name: David L. Stepp     Name: David L. Stepp
  Its: Authorized Signatory     Its: Authorized Signatory
     
VHCP Co-Investment Holdings III, LLC   VHCP Management EG, LLC
         
By: VHCP Management III, LLC      
Its: Manager      
         
By: /s/ David L. Stepp   By: /s/ David L. Stepp
  Name: David L. Stepp     Name: David L. Stepp
  Its: Authorized Signatory     Its: Authorized Signatory
     
VHCP Management III, LLC   Nimish Shah
         
By: /s/ David L. Stepp   By: /s/ David L. Stepp
  Name: David L. Stepp     David L. Stepp, as attorney-in-fact
  Its: Authorized Signatory        
     
    Bong Koh
         
      By: /s/ David L. Stepp
        David L. Stepp, as attorney-in-fact

 

 

 

 

CUSIP No. 36338D108 Page 14 of 14

 

EXHIBITS

 

A: Joint Filing Agreement (incorporated by reference to Exhibit A to Schedule 13G filed on November 4, 2020)

 

B: Power of Attorney for Nimish Shah (incorporated by reference to Exhibit B to Schedule 13G filed on November 4, 2020)

 

C: Power of Attorney for Bong Koh (incorporated by reference to Exhibit C to Schedule 13G filed on November 4, 2020)