4   0001104659-17-025040

Ownership: Statement of changes in beneficial ownership. Insider trading ( Directors, Officers, Significant Shareholders )

filing date
April 21, 2017
period ending
April 19, 2017
date of filing date change
April 21, 2017
Signed By
Yu Fan on behalf of himself and each other reporting person
accession number
0001104659-17-025040
type
4
public document count
1
Key documents and exhibits
Link: Type Id filename
4 4 1 a4.xml
Issuer:
Sorrento Therapeutics, Inc. [SRNE]
Reporting Owner:
ABG Management Ltd 10% owner,
ABG SRNE Ltd 10% owner,
Ally Bridge Group Capital Partners II, L.P. 10% owner,
ABG II-SO Ltd 10% owner,
Ally Bridge LB Healthcare Master Fund Ltd 10% owner,
Ally Bridge LB Management Ltd 10% owner,
Ally Bridge Group Innovation Capital Partners III, L.P. 10% owner,
Yu Fan 10% owner,
Li Bin 10% owner,
Date of Event Req Stmt
2017-04-19
Type Title Conv/Exer price Trans. date Deemed Exe date Trans Form Type Trans Code Eqty swap? Footnote id Trans timelines # Shares Value Total Value Price / share Acq or Disp Date exercisable Expiration date # Owned post trans Value Owned post trans Underlying security title # Underlying securities Value underlying securities Direct or Indirect own Nature indirect own
Non-Derriv. transCommon Stock2017-04-194P : Open market or private purchaseFalse5500002.00A1991441IThrough Ally Bridge LB Healthcare Master Fund Limited See footnote
Non-Derriv. holdingCommon Stock1397853IThrough ABG II-SO Limited See footnote
Non-Derriv. holdingCommon Stock3243242IThrough ABG SRNE Limited See footnote
Non-Derriv. holdingCommon Stock1500000IThrough ABG Innovation-SO Limited See footnote
Derriv. holdingWarrants8.52019-05-31432432Common Stock432432IThrough Ally Bridge LB Healthcare Master Fund Limited See footnote
Derriv. holdingWarrants8.52019-05-31432432Common Stock432432IThrough ABG SRNE Limited See footnote
Derriv. holdingWarrants8.52019-06-07540540Common Stock540540IThrough ABG SRNE Limited See footnote
F1
The Reporting Persons are making this joint, single filing because they may be deemed to constitute a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act 1934 as amended (the "Act").
F2
The Form 4 is filed by and on behalf of each of the following persons (each a "Reporting Person"): (i) ABG II-SO Limited ("ABG II-SO"), a British Virgin Islands limited company, (ii) Ally Bridge Group Capital Partners II, L.P., a Cayman Islands limited partnership, (iii) Ally Bridge LB Healthcare Master Fund Limited ("ABG LB"), a Cayman Islands limited company, (iv) Ally Bridge LB Management Limited, a Cayman Islands limited company, (v) ABG SRNE Limited ("ABG SRNE"), a British Virgin Islands limited company, (vi) Ally Bridge Group Innovation Capital Partners III, L.P., a Cayman Islands limited company, (vii) ABG Management Ltd., a Cayman Islands limited partnership, (viii) Mr. Fan Yu, a director of ABG LB and a shareholder and director of Ally Bridge LB Management Limited, and the sole shareholder and director of ABG Management Ltd., and (ix) Mr. Bin Li, a director and executive officer of ABG LB and a shareholder and director of Ally Bridge LB Management Limited.
F3
Each Reporting Person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for the purpose of Section 16 of the Act or otherwise, the beneficial owner of any securities covered by this statement. Each Reporting Person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
F4
ABG II-SO directly owns 1,397,853 shares of common stock of the Issuer. The following Reporting Persons may be deemed to beneficially own such securities: (i) Ally Bridge Group Capital Partners II, L.P., as parent of ABG II-SO, (ii) ABG Management Ltd., as manager of Ally Bridge Group Capital Partners II, L.P., and (iii) Mr. Fan Yu, as sole shareholder and director of ABG Management Ltd.
F5
ABG LB directly owns (i) 1,991,441 shares of common stock of the Issuer and (ii) warrants to purchase 432,432 shares of common stock of the Issuer. The following Reporting Persons may be deemed to beneficially own such securities: (i) Ally Bridge LB Management Limited, as manager of ABG LB, (ii) Mr. Fan Yu, as a shareholder and director of Ally Bridge LB Management Limited, and (iii) Mr. Bin Li, as a shareholder and director of Ally Bridge LB Management Limited.
F6
ABG SRNE directly owns (i) 3,243,242 shares of common stock of the Issuer and (ii) warrants to purchase 972,972 shares of common stock of the Issuer. The following Reporting Persons may be deemed to beneficially own such securities: (i) Ally Bridge Group Innovation Capital Partners III, L.P., as owner of the sole voting share of ABG SRNE, (ii) ABG Management Ltd., as manager of Ally Bridge Group Innovation Capital Partners III, L.P., and (iii) Mr. Fan Yu, as sole shareholder and director of ABG Management Ltd.
F7
Ally Bridge Group Innovation Capital Partners III, L.P. is the owner of the sole voting share of ABG Innovation-SO Limited, a British Virgin Islands limited company, which directly owns 1,500,000 shares of common stock of the Issuer. The following Reporting Persons may be deemed to beneficially own such securities: (i) Ally Bridge Group Innovation Capital Partners III, L.P., (ii) ABG Management Ltd., as manager of Ally Bridge Group Innovation Capital Partners III, L.P., and (iii) Mr. Fan Yu, as sole shareholder and director of ABG Management Ltd.
F8
The warrants are exercisable at any time on or after May 31, 2016.
F9
The warrants are exercisable at any time on or after June 7, 2016.
Signed by
[ /s/ Yu Fan on behalf of himself and each other reporting person ] on 2017-04-21
Type Filing Company SIC Rel IRS # State of INC FY End Mailing address Former Filing Vals
issuer
Sorrento Therapeutics, Inc.
Cik: 0000850261
9380 JUDICIAL DRIVE
SAN DIEGO,  CA,  92121
  USA
8731 -
Services-Commercial Physical & Biological Research
330344842 USA [ DE ] 1231
9380 JUDICIAL DRIVE
SAN DIEGO,  CA,  92121
  USA
July 3, 1992QUIKBYTE SOFTWARE INC
Type Filing Reporting Owner Company SIC Rel IRS # State of INC FY End Mailing address Former Filing Vals
reporting owner
Yu Fan ( CIK: 0001668029 )

Cik:

UNIT 3002-04,30TH FLOOR,GLOUCESTER TOWER
THE LANDMARK,15 QUEEN'S ROAD CENTRAL
HONG KONG,  K3,  000000
  HONG KONG
form type4
act34
file number001-36150
film number17774204
reporting owner
Ally Bridge LB Management Ltd ( CIK: 0001668028 )
State of INC CAYMAN ISLANDS [ E9 ]
FY End

Cik:
UNIT 3002-04,30TH FLOOR,GLOUCESTER TOWER
THE LANDMARK,15 QUEEN'S ROAD CENTRAL
HONG KONG,  K3,  000000
  HONG KONG

UNIT 3002-04,30TH FLOOR,GLOUCESTER TOWER
THE LANDMARK,15 QUEEN'S ROAD CENTRAL
HONG KONG,  K3,  000000
  HONG KONG
form type4
act34
file number001-36150
film number17774206
reporting owner
Ally Bridge Group Capital Partners II, L.P. ( CIK: 0001609313 )
State of INC CAYMAN ISLANDS [ E9 ]

Cik:
ABG MGMT LTD., UNIT 3002-3004, 30 FL
GLOUCESTER TWR LANDMK 15 QUEENS RD CTRL
HONG KONG,  F4,  00000
  CHINA

ABG MGMT LTD., UNIT 3002-3004, 30 FL
GLOUCESTER TWR LANDMK 15 QUEENS RD CTRL
HONG KONG,  F4,  00000
  CHINA
form type4
act34
file number001-36150
film number17774209
reporting owner
ABG SRNE Ltd ( CIK: 0001676083 )
State of INC VIRGIN ISLANDS, BRITISH [ D8 ]
FY End

Cik:
UNIT 3002-04,30TH FLOOR,GLOUCESTER TOWER
,THE LANDMARK,15 QUEEN'S ROAD CENTRAL
HONG KONG,  K3,  000000
  HONG KONG

UNIT 3002-04,30TH FLOOR,GLOUCESTER TOWER
,THE LANDMARK,15 QUEEN'S ROAD CENTRAL
HONG KONG,  K3,  000000
  HONG KONG
form type4
act34
file number001-36150
film number17774210
reporting owner
ABG Management Ltd ( CIK: 0001668027 )
State of INC CAYMAN ISLANDS [ E9 ]
FY End

Cik:
UNIT 3002-04,30TH FLOOR,GLOUCESTER TOWER
THE LANDMARK,15 QUEEN'S ROAD CENTRAL
HONG KONG,  K3,  000000
  HONG KONG

UNIT 3002-04,30TH FLOOR,GLOUCESTER TOWER
THE LANDMARK,15 QUEEN'S ROAD CENTRAL
HONG KONG,  K3,  000000
  HONG KONG
form type4
act34
file number001-36150
film number17774211
reporting owner
Ally Bridge Group Innovation Capital Partners III, L.P. ( CIK: 0001674513 )
State of INC CAYMAN ISLANDS [ E9 ]

Cik:
ABG MGMT LTD., UNIT 3002-3004, 30 FL
GLOUCESTER TWR LANDMK 15 QUEENS RD CTRL
HONG KONG,  F4,  00000
  CHINA

ABG MGMT LTD., UNIT 3002-3004, 30 FL
GLOUCESTER TWR LANDMK 15 QUEENS RD CTRL
HONG KONG,  F4,  00000
  CHINA
form type4
act34
file number001-36150
film number17774205
reporting owner
Li Bin ( CIK: 0001668219 )

Cik:

UNIT 3002-04,30TH FLOOR,GLOUCESTER TOWER
THE LANDMARK,15 QUEEN'S ROAD CENTRAL
HONG KONG,  K3,  000000
  HONG KONG
form type4
act34
file number001-36150
film number17774203
reporting owner
Ally Bridge LB Healthcare Master Fund Ltd ( CIK: 0001667354 )
State of INC CAYMAN ISLANDS [ E9 ]
FY End

Cik:
UNIT 3002-04,30TH FLOOR,GLOUCESTER TOWER
THE LANDMARK,15 QUEEN'S ROAD CENTRAL
HONG KONG,  K3,  000000
  HONG KONG

UNIT 3002-04,30TH FLOOR,GLOUCESTER TOWER
THE LANDMARK,15 QUEEN'S ROAD CENTRAL
HONG KONG,  K3,  000000
  HONG KONG
form type4
act34
file number001-36150
film number17774207
reporting owner
ABG II-SO Ltd ( CIK: 0001676141 )
State of INC VIRGIN ISLANDS, BRITISH [ D8 ]
FY End

Cik:
UNIT 3002-04,30TH FLOOR,GLOUCESTER TOWER
,THE LANDMARK,15 QUEEN'S ROAD CENTRAL
HONG KONG,  K3,  000000
  HONG KONG

UNIT 3002-04,30TH FLOOR,GLOUCESTER TOWER
,THE LANDMARK,15 QUEEN'S ROAD CENTRAL
HONG KONG,  K3,  000000
  HONG KONG
form type4
act34
file number001-36150
film number17774208