SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO § 240.13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)*
Coherus BioSciences, Inc.
(Name of Issuer)
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
19249H103
(CUSIP Number)
May 20, 2024
(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 persons 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. 19249H103 | Page 2 of 9 |
1 | NAMES OF REPORTING PERSONS
Temasek Holdings (Private) Limited | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Republic of Singapore | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 | SOLE VOTING POWER
0 | ||||
6 | SHARED VOTING POWER
6,220,552 | |||||
7 | SOLE DISPOSITIVE POWER
0 | |||||
8 | SHARED DISPOSITIVE POWER
6,220,552 | |||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,220,552 | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ☐
| |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.4%(1) | |||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
HC |
(1) | Based on 114,725,740 shares of the Issuers common stock outstanding as of April 30, 2024, as set forth in the Issuers (as defined herein) quarterly report on Form 10-Q filed with the Securities and Exchange Commission (the Commission) on May 9, 2024. |
CUSIP No. 19249H103 | Page 3 of 9 |
1 | NAMES OF REPORTING PERSONS
Fullerton Management Pte Ltd | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Republic of Singapore | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 | SOLE VOTING POWER
0 | ||||
6 | SHARED VOTING POWER
6,220,552 | |||||
7 | SOLE DISPOSITIVE POWER
0 | |||||
8 | SHARED DISPOSITIVE POWER
6,220,552 | |||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,220,552 | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ☐
| |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.4%(1) | |||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
HC |
(1) | Based on 114,725,740 shares of the Issuers common stock outstanding as of April 30, 2024, as set forth in the Issuers quarterly report on Form 10-Q filed with the Commission on May 9, 2024. |
CUSIP No. 19249H103 | Page 4 of 9 |
1 | NAMES OF REPORTING PERSONS
Temasek Life Sciences Private Limited | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Republic of Singapore | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 | SOLE VOTING POWER
0 | ||||
6 | SHARED VOTING POWER
6,220,552 | |||||
7 | SOLE DISPOSITIVE POWER
0 | |||||
8 | SHARED DISPOSITIVE POWER
6,220,552 | |||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,220,552 | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ☐
| |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.4%(1) | |||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
HC |
(1) | Based on 114,725,740 shares of the Issuers common stock outstanding as of April 30, 2024, as set forth in the Issuers quarterly report on Form 10-Q filed with the Commission on May 9, 2024. |
CUSIP No. 19249H103 | Page 5 of 9 |
1 | NAMES OF REPORTING PERSONS
V-Sciences Investments Pte Ltd | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Republic of Singapore | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 | SOLE VOTING POWER
0 | ||||
6 | SHARED VOTING POWER
6,220,552 | |||||
7 | SOLE DISPOSITIVE POWER
0 | |||||
8 | SHARED DISPOSITIVE POWER
6,220,552 | |||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,220,552 | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ☐
| |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.4%(1) | |||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO |
(1) | Based on 114,725,740 shares of the Issuers common stock outstanding as of April 30, 2024, as set forth in the Issuers quarterly report on Form 10-Q filed with the Commission on May 9, 2024. |
CUSIP No. 19249H103 | Page 6 of 9 |
Item 1(a). | Name of Issuer: |
Coherus BioSciences, Inc. (the Issuer)
Item 1(b). | Address of Issuers Principal Executive Offices: |
333 Twin Dolphin Drive, Suite 600, Redwood City, California 94065
Item 2(a). | Name of Person Filing: |
(i) | Temasek Holdings (Private) Limited (Temasek); |
(ii) | Fullerton Management Pte Ltd (FMPL); |
(iii) | Temasek Life Sciences Private Limited (TLS); and |
(iv) | V-Sciences Investments Pte Ltd (V-Sciences and, together with Temasek, FMPL and TLS, the Reporting Persons) |
Item 2(b). | Address of Principal Business Office or, if none, Residence: |
The address of the principal business office of each Reporting Person is 60B Orchard Road, #06-18, The Atrium@Orchard, Singapore 238891.
Item 2(c). | Citizenship: |
The citizenship of each of the Reporting Persons is the Republic of Singapore.
Item 2(d). | Title of Class of Securities: |
Common Stock, par value $0.0001 per share (Common Stock).
Item 2(e). | CUSIP Number: |
19249H103
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 May 20, 2024, V-Sciences directly owned 6,220,552 shares of the Issuers Common Stock. V-Sciences is a wholly-owned subsidiary of TLS, which is a wholly-owned subsidiary of FMPL, which is a wholly-owned subsidiary of Temasek. Each of TLS, FMPL and Temasek, through the ownership described herein, may be deemed to beneficially own the shares held by V-Sciences.
(b) | Percent of class: |
As of May 20, 2024: 5.4%
The percentage above is based on 114,725,740 shares of the Issuers Common Stock outstanding as of April 30, 2024, as set forth in the Issuers quarterly report on Form 10-Q filed with the Commission on May 9, 2024.
(c) | Number of shares as to which the person has: |
With respect to the shared power to vote, or to direct the vote, and to dispose, or to direct the disposition of, the shares of the Issuers Common Stock, please see Item 4(a) above regarding qualifications as to beneficial ownership.
As of May 20, 2024:
(i) | Sole power to vote or to direct the vote: |
0.
CUSIP No. 19249H103 | Page 7 of 9 |
(ii) | Shared power to vote or to direct the vote: |
6,220,552.
(iii) | Sole power to dispose or to direct the disposition of: |
0.
(iv) | Shared power to dispose or to direct the disposition of: |
6,220,552.
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 5 percent of the class of securities, check the following ☐.
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. |
Not Applicable.
Item 8. | Identification and Classification of Members of the Group. |
Not Applicable.
Item 9. | Notice of Dissolution of 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. 19249H103 | Page 8 of 9 |
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: May 22, 2024 | TEMASEK HOLDINGS (PRIVATE) LIMITED | |||||||
By: | /s/ Jason Norman Lee | |||||||
Name | : | Jason Norman Lee | ||||||
Title | : | Authorized Signatory | ||||||
Dated: May 22, 2024 | FULLERTON MANAGEMENT PTE LTD | |||||||
By: | /s/ Gregory Tan | |||||||
Name | : | Gregory Tan | ||||||
Title | : | Director | ||||||
Dated: May 22, 2024 | TEMASEK LIFE SCIENCES PRIVATE LIMITED | |||||||
By: | /s/ Lim Siew Lee Sherlyn | |||||||
Name | : | Lim Siew Lee Sherlyn | ||||||
Title | : | Director | ||||||
Dated: May 22, 2024 | V-SCIENCES INVESTMENTS PTE LTD | |||||||
By: | /s/ Khoo Ken Hui | |||||||
Name | : | Khoo Ken Hui | ||||||
Title | : | Director |
CUSIP No. 19249H103 | Page 9 of 9 |
LIST OF EXHIBITS
Exhibit No. |
Description | |
99.1 | Joint Filing Agreement, dated as of May 22, 2024, by and among Temasek, FMPL, TLS and V-Sciences. |
Exhibit 99.1
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on Schedule 13G initially filed on August 31, 2017, as amended on February 7, 2020 and May 22, 2024 (the Schedule 13G), with respect to the Common Stock, par value $0.0001 per share, of Coherus BioSciences, Inc. is, and any further amendments thereto executed by each of us shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k)(1) under the Securities and Exchange Act of 1934, as amended, and that this Agreement shall be included as an exhibit to the Schedule 13G and each such amendment.
Each of the undersigned agrees to be responsible for the timely filing of the Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of the 22nd day of May, 2024.
Dated: May 22, 2024 | TEMASEK HOLDINGS (PRIVATE) LIMITED | |||||||
By: | /s/ Jason Norman Lee | |||||||
Name | : | Jason Norman Lee | ||||||
Title | : | Authorized Signatory | ||||||
Dated: May 22, 2024 | FULLERTON MANAGEMENT PTE LTD | |||||||
By: | /s/ Gregory Tan | |||||||
Name | : | Gregory Tan | ||||||
Title | : | Director | ||||||
Dated: May 22, 2024 | TEMASEK LIFE SCIENCES PRIVATE LIMITED | |||||||
By: | /s/ Lim Siew Lee Sherlyn | |||||||
Name | : | Lim Siew Lee Sherlyn | ||||||
Title | : | Director | ||||||
Dated: May 22, 2024 | V-SCIENCES INVESTMENTS PTE LTD | |||||||
By: | /s/ Khoo Ken Hui | |||||||
Name | : | Khoo Ken Hui | ||||||
Title | : | Director |