SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No.    )*

 

 

TScan Therapeutics, Inc.

(Name of Issuer)

COMMON STOCK, $0.0001 PAR VALUE PER SHARE

(Title of Class of Securities)

89854M101

(CUSIP Number)

December 31, 2021

(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)

☐ 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. 89854M101    SCHEDULE 13G    Page 2 of 9 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Bessemer Venture Partners IX L.P.

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

  (a)  ☐        (b)  ☒

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

  SOLE VOTING POWER

 

  691,505

   6.  

  SHARED VOTING POWER

 

  0

   7.  

  SOLE DISPOSITIVE POWER

 

  691,505

   8.  

  SHARED DISPOSITIVE POWER

 

  0

  9.  

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  691,505

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  3.7% (1)

12.  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

The percent of class was calculated based on 18,624,902 shares of voting common stock issued and outstanding as of November 5, 2021, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.


CUSIP No. 89854M101    SCHEDULE 13G    Page 3 of 9 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Bessemer Venture Partners IX Institutional L.P.

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

  (a)  ☐        (b)  ☒

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

  SOLE VOTING POWER

 

  554,000

   6.  

  SHARED VOTING POWER

 

  0

   7.  

  SOLE DISPOSITIVE POWER

 

  554,000

   8.  

  SHARED DISPOSITIVE POWER

 

  0

  9.  

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  554,000

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  3.0%(1)

12.  

  TYPE OF REPORTING PERSON

 

  PN


CUSIP No. 89854M101    SCHEDULE 13G    Page 4 of 9 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Deer IX & Co. L.P.

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

  (a)  ☐        (b)  ☒

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

  SOLE VOTING POWER

 

  1,245,505

   6.  

  SHARED VOTING POWER

 

  0

   7.  

  SOLE DISPOSITIVE POWER

 

  1,245,505

   8.  

  SHARED DISPOSITIVE POWER

 

  0

  9.  

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,245,505

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  6.7%(1)

12.  

  TYPE OF REPORTING PERSON

 

  PN


CUSIP No. 89854M101    SCHEDULE 13G    Page 5 of 9 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Deer IX & Co. Ltd.

  2.  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

  (a)  ☐        (b)  ☒

  3.  

  SEC USE ONLY

 

  4.  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

  SOLE VOTING POWER

 

  1,245,505

   6.  

  SHARED VOTING POWER

 

  0

   7.  

  SOLE DISPOSITIVE POWER

 

  1,245,505

   8.  

  SHARED DISPOSITIVE POWER

 

  0

  9.  

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,245,505

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  6.7%(1)

12.  

  TYPE OF REPORTING PERSON

 

  CO


CUSIP No. 89854M101    SCHEDULE 13G    Page 6 of 9 Pages

 

Item 1. Issuer

 

  (a)

Name of Issuer:

TScan Therapeutics, Inc. (the “Issuer”)

 

  (b)

Address of Issuer’s Principal Executive Offices:

830 Winter Street

Waltham, Massachusetts 02451

Item 2(a). Name of Person Filing:

This statement is being filed by the following persons with respect to the shares of Common Stock, par value $0.0001 per share (the “Shares”), directly owned by Bessemer Venture Partners IX L.P. (“BVP IX”) and Bessemer Venture Partners IX Institutional L.P. (“BVP IX Institutional” and together with BVP IX, the “Funds”).

 

(a)

Deer IX & Co. Ltd. (“Deer IX Ltd”), the general partner of Deer IX & Co. L.P. (“Deer IX LP”);

 

(b)

Deer IX LP, the sole general partner of each of the Funds;

 

(c)

BVP IX, which directly owns 691,505 Shares; and

 

(d)

BVP IX Institutional, which directly owns 554,000 Shares.

Deer IX Ltd, Deer IX LP, BVP IX and BVP IX Institutional are sometimes individually referred to herein as a “Reporting Person” and collectively as the “Reporting Persons.”

Item 2(b). Address of Principal Business Office or, if None, Residence:

The address of the principal business office of each of the Reporting Persons:

c/o Bessemer Venture Partners

1865 Palmer Avenue; Suite 104

Larchmont, NY 10583

Item 2(c). Citizenship:

Deer IX Ltd— Cayman Islands

Deer IX LP — Cayman Islands

BVP IX — Cayman Islands

BVP IX Institutional — Cayman Islands

Item 2(d). Title of Class of Securities:

Common Stock, par value $0.0001 per share

Item 2(e). CUSIP Number:

89854M101

Item 3. Not Applicable. 


CUSIP No. 89854M101    SCHEDULE 13G    Page 7 of 9 Pages

 

Item 4.

Ownership.

 

  For

Deer IX Ltd:

 

  (a)

Amount beneficially owned: 1,245,505 Shares

 

  (b)

Percent of class: 6.7%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: --1,245,505

 

  (ii)

Shared power to vote or to direct the vote: --0--

 

  (iii)

Sole power to dispose or to direct the disposition of: --1,245,505

 

  (iv)

Shared power to dispose or to direct the disposition of: --0--

For Deer IX LP:

 

  (a)

Amount beneficially owned: 1,245,505 Shares

 

  (b)

Percent of class: 6.7%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: --1,245,505

 

  (ii)

Shared power to vote or to direct the vote: --0--

 

  (iii)

Sole power to dispose or to direct the disposition of: --1,245,505

 

  (iv)

Shared power to dispose or to direct the disposition of: --0--

For BVP IX:

 

  (a)

Amount beneficially owned: 691,505 Shares

 

  (b)

Percent of class: 3.7%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: --691,505--

 

  (ii)

Shared power to vote or to direct the vote: --0--

 

  (iii)

Sole power to dispose or to direct the disposition of: --691,505--

 

  (iv)

Shared power to dispose or to direct the disposition of: --0--

For BVP IX Institutional:

 

  (a)

Amount beneficially owned: 554,000 Shares

 

  (b)

Percent of class: 3.0%

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: — 554,000 —

 

  (ii)

Shared power to vote or to direct the vote: --0--

 

  (iii)

Sole power to dispose or to direct the disposition of: — 554,000 —

 

  (iv)

Shared power to dispose or to direct the disposition of: --0—


CUSIP No. 89854M101    SCHEDULE 13G    Page 8 of 9 Pages

 

Item 5.   

Ownership of Five Percent or Less of a Class.

 

Not applicable.

Item 6.   

Ownership of More than Five Percent on Behalf of Another Person.

 

As the general partner of Deer IX LP, which in turn is the general partner of the Funds, Deer IX Ltd may be deemed to beneficially own all 1,245,505 Shares held directly by the Funds and have the power to direct the dividends from or the proceeds of the sale of such Shares.

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.

Item 8.   

Identification and Classification of Members of the Group.

 

Exhibit 2 sets forth information regarding the identity of members of a group. The Reporting Persons disclaim membership in a group and this report shall not be deemed an admission by any of the Reporting Persons that they are or may be members of a “group” for purposes of Rule 13d-5 or for any other purpose.

Item 9.   

Notice of Dissolution of Group.

 

Not applicable.

Item 10.   

Certification.

 

Not applicable.


CUSIP No. 89854M101    SCHEDULE 13G    Page 9 of 9 Pages

 

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.

Date: February 14, 2022

 

DEER IX & CO. LTD.
By:  

/s/ Scott Ring

  Name: Scott Ring
  Title: General Counsel
DEER IX & CO. L.P.
By: Deer IX & Co. Ltd, its General Partner
  By: /s/ Scott Ring                                                     
  Name: Scott Ring
  Title: General Counsel
BESSEMER VENTURE PARTNERS IX L.P.
BESSEMER VENTURE PARTNERS IX INSTITUTIONAL L.P.
By: Deer IX & Co. L.P., its General Partner
By: Deer IX & Co., Ltd., its General Partner
  By: /s/ Scott Ring                                                 
  Name: Scott Ring
  Title: General Counsel

 

Exhibit 1

EXHIBIT 1

Joint Filing Agreement

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is inaccurate.

Dated: February 14, 2022

 

DEER IX & CO. LTD.
By:  

/s/ Scott Ring

  Name: Scott Ring
  Title: General Counsel
DEER IX & CO. L.P.
By: Deer IX & Co. Ltd, its General Partner
  By: /s/ Scott Ring                                                               
  Name: Scott Ring
  Title: General Counsel
BESSEMER VENTURE PARTNERS IX L.P.
BESSEMER VENTURE PARTNERS IX INSTITUTIONAL L.P.
By: Deer IX & Co. L.P., its General Partner
By: Deer IX & Co., Ltd., its General Partner
  By: /s/ Scott Ring                                                               
  Name: Scott Ring
  Title: General Counsel
Exhibit 2

Exhibit 2

Members of Group

Deer IX & Co. Ltd.

Deer IX & Co. L.P.

Bessemer Venture Partners IX L.P.

Bessemer Venture Partners IX Institutional L.P.