Form: SC 13G

Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions

April 29, 2024

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 13G

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO §240.13d-2

 

Benitec Biopharma Inc.
(Name of Issuer)

 

Common Stock, $0.0001 par value
(Title of Class of Securities)

 

08205P100
(CUSIP Number)

 

           April 22, 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)

 

  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).

 

(Continued on following page(s))
Page 1 of 7 Pages

 

 

 

 

 

CUSIP No. 08205P100 13G Page 2 of 7 Pages

 

1

NAME OF REPORTING PERSON
Nemean Asset Management, LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨
(b) x

3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION
Florida

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
5

SOLE VOTING POWER
-0-

 

6

SHARED VOTING POWER
746,324

 

7

SOLE DISPOSITIVE POWER
-0-

 

8

SHARED DISPOSITIVE POWER
746,324

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
746,324

 

10

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

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.39%

 

12

TYPE OF REPORTING PERSON
CO

 

                       

 

 

 

 

CUSIP No. 08205P100 13G Page 3 of 7 Pages

  

1

NAME OF REPORTING PERSON
IRA financial trust FBO Steven M. Oliveira Roth IRA

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨
(b) x

3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION
USA

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
5

SOLE VOTING POWER
0

 

6

SHARED VOTING POWER
44,911

 

7

SOLE DISPOSITIVE POWER
0

 

8

SHARED DISPOSITIVE POWER
44,911

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
44,911

 

10

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

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.01%

 

12

TYPE OF REPORTING PERSON
OO

 

                       

 

 

 

 

CUSIP No. 08205P100 13G Page 4 of 7 Pages

 

1

NAME OF REPORTING PERSON
Steven M. Oliveira

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨
(b) x

3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
5

SOLE VOTING POWER
0

 

6

SHARED VOTING POWER
791,235

 

7

SOLE DISPOSITIVE POWER
0

 

8

SHARED DISPOSITIVE POWER
791,235

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
791,235

 

10

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

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.89%

 

12

TYPE OF REPORTING PERSON
IN

 

                       

 

 

 

 

CUSIP No. 08205P100 13G Page 5 of 7 Pages

 

Item 1.

 

  (a) Name of Issuer: Benitec Biopharma Inc. (the "Company").

 

  (b) Address of Issuer's Principal Executive Offices:

 

The Company's principal executive offices are located at 3940 Trust Way, Hayward, CA 94545.

 

Item 2.

 

  (a) Name of Person Filing: Nemean Asset Management, LLC
      IRA financial trust FBO Steven M. Oliveira Roth IRA
      Steven Oliveira

 

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

 

Nemean Asset Management, LLC:

 207 Commodore Drive

Jupiter, FL 33477

 

IRA financial trust FBO Steven M. Oliveira Roth IRA:

c/o Nemean Asset Management, LLC

207 Commodore Drive

Jupiter, FL 33477

 

Steven Oliveira:

c/o Nemean Asset Management, LLC

207 Commodore Drive

Jupiter, FL 33477

 

  (c) Citizenship: Nemean Asset Management, LLC – Florida

IRA financial trust FBO Steven M. Oliveira Roth IRA: - U.S.A.

Steven Oliveira – U.S.A.

 

  (d) Title of Class of Securities:  Common Stock, $0.0001 par value

 

  (e) CUSIP Number:  08205P100

 

Item 3. Not Applicable

 

Item 4. Ownership.

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a) Amount Beneficially Owned:

 

Nemean Asset Management, LLC – 746,324

 

IRA financial trust FBO Steven M. Oliveira Roth IRA – 44,911

 

Steven Oliveira – 791,235.

 

Steven Oliveira has voting and dispositive power over the securities owned by Nemean Asset Management, LLC and the Roth IRA.

 

 

 

 

CUSIP No. 08205P100 13G Page 6 of 7 Pages

 

  (b) Percent of Class:

 

Nemean Asset Management, LLC – 8.39%

 

IRA financial trust FBO Steven M. Oliveira Roth IRA – 0.01%

 

Steven Oliveira – 8.89%

 

The foregoing percentages are based upon a total of 8,898,946 shares of Common Stock.

 

 

  (c) Number of shares as to which such person has:

 

  (i) sole power to vote or to direct the vote:

 

Nemean Asset Management, LLC – 0.

 

IRA financial trust FBO Steven M. Oliveira Roth IRA - 0

 

Steven Oliveira – 0

 

  (ii) shared power to vote or to direct the vote:

 

Nemean Asset Management, LLC – 746,324

 

IRA financial trust FBO Steven M. Oliveira Roth IRA – 44,911

 

Steven Oliveira – 791,235

 

  (iii) sole power to dispose or to direct the disposition of:

 

Nemean Asset Management, LLC – 0.

 

IRA financial trust FBO Steven M. Oliveira Roth IRA - 0

 

Steven Oliveira – 0

 

  (iv) shared power to dispose or to direct the disposition of:

 

Nemean Asset Management, LLC – 746,324

 

IRA financial trust FBO Steven M. Oliveira Roth IRA – 44,911

 

Steven Oliveira – 791,235

 

Item 5. Ownership of Five Percent or Less of a Class: No

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not Applicable

 

Item 7. Identification and Classification of Subsidiary Which Acquired the Securities: 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. Certifications: Not Applicable

 

 

 

 

CUSIP No. 08205P100 13G Page 7 of 7 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.

 

April 29, 2024

 

  NEMEAN ASSET MANAGEMENT, LLC
     
  By: /s/ Steven Oliveira
    Name: Steven Oliveira
    Title: Authorized Signatory
     
  IRA FINANCIAL TRUST FBO STEVEN M. OLIVEIRA ROTH IRA
     
    /s/ Steven Oliveira
     
  STEVEN M. OLIVEIRA
   
    /s/ Steven Oliveira
    Steven Oliveira