Broadwood Partners, L.P. - Feb 6, 2025 Form 4 Insider Report for Oncocyte Corp (OCX)

Role
10%+ Owner
Signature
Broadwood Partners, L.P., By Broadwood Capital, Inc., By: /s/ Neal C. Bradsher, President
Stock symbol
OCX
Transactions as of
Feb 6, 2025
Transactions value $
$10,589,675
Form type
4
Date filed
2/10/2025, 08:43 PM
Previous filing
Jan 28, 2025
Next filing
Feb 14, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCX Common Stock, no par value Purchase $1.35M +660K +10.57% $2.05 6.9M Feb 6, 2025 Direct F1, F3
transaction OCX Common Stock, no par value Purchase $0 0 0% $0.00* 6.9M Feb 6, 2025 Footnote F1, F3
transaction OCX Common Stock, no par value Purchase $9.24M +4.51M +65.25% $2.05 11.4M Feb 6, 2025 Direct F1, F4
transaction OCX Common Stock, no par value Purchase $0 0 0% $0.00* 11.4M Feb 6, 2025 Footnote F1, F4
holding OCX Common Stock, no par value 157 Feb 6, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding OCX Warrant to Purchase Common Stock 150K Feb 6, 2025 Common Stock 150K $30.60 Direct F1, F5
holding OCX Warrant to Purchase Common Stock 150K Feb 6, 2025 Common Stock 150K $30.60 Footnote F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities are directly owned by Broadwood Partners, L.P. ("Broadwood Partners") and may be deemed to be beneficially owned by each of: (i) Broadwood Capital, Inc. ("Broadwood Capital"), as General Partner of Broadwood Partners; and (ii) Neal C. Bradsher, as President of Broadwood Capital. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F2 These securities are directly owned by Neal C. Bradsher.
F3 On February 6, 2025, Broadwood Partners entered into a Securities Purchase Agreement with Oncocyte Corporation (the "Issuer") pursuant to which Broadwood Partners agreed to acquire 660,207 shares of the Issuer's Common Stock, no par value (the "Common Shares"), from the Issuer in a registered direct offering for a total purchase price of $1,353,424, or $2.05 per Common Share.
F4 On February 6, 2025, Broadwood Partners entered into a Securities Purchase Agreement with the Issuer pursuant to which Broadwood Partners agreed to acquire 4,505,488 shares of Common Shares, from the Issuer in a private placement for a total purchase price of $9,236,250, or $2.05 per Common Share.
F5 These warrants are currently exercisable.