|
La Jolla Pharmaceutical Company
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|
(Name of Issuer)
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Common Stock, par value $0.0001 per share
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|
(Title of Class of Securities)
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503459604
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(CUSIP Number)
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|
April 8, 2014
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|
(Date of Event Which Requires Filing of this Statement)
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CUSIP No
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503459604
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|||
|
1.
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NAME OF REPORTING PERSONS
|
|||
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
||||
|
Broadfin Capital, LLC
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||||
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2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
|||
|
(a) [_]
|
||||
|
(b) [X]
|
||||
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3.
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SEC USE ONLY
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|||
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
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|||
|
Delaware
|
||||
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
||||
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5.
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SOLE VOTING POWER
|
|||
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0
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||||
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6.
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SHARED VOTING POWER
|
|||
|
389,921
|
||||
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7.
|
SOLE DISPOSITIVE POWER
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|||
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0
|
||||
|
8.
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SHARED DISPOSITIVE POWER
|
|||
|
389,921
|
||||
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9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
|
389,921
|
||||
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10.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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|||
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[_]
|
||||
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|||
|
5.37%
|
||||
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12.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|||
|
OO
|
||||
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CUSIP No
|
503459604
|
|||
|
1.
|
NAME OF REPORTING PERSONS
|
|||
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
||||
|
Broadfin Healthcare Master Fund, Ltd.
|
||||
|
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
|||
|
(a) [_]
|
||||
|
(b) [X]
|
||||
|
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
|
|||
|
0
|
||||
|
6.
|
SHARED VOTING POWER
|
|||
|
389,921
|
||||
|
7.
|
SOLE DISPOSITIVE POWER
|
|||
|
0
|
||||
|
8.
|
SHARED DISPOSITIVE POWER
|
|||
|
389,921
|
||||
|
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
|
389,921
|
||||
|
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)
|
|||
|
5.37%
|
||||
|
12.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|||
|
CO
|
||||
|
CUSIP No
|
503459604
|
|||
|
1.
|
NAME OF REPORTING PERSONS
|
|||
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
||||
|
Kevin Kotler
|
||||
|
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
|||
|
(a) [_]
|
||||
|
(b) [X]
|
||||
|
3.
|
SEC USE ONLY
|
|||
|
4.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|||
|
United States of America
|
||||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
||||
|
5.
|
SOLE VOTING POWER
|
|||
|
0
|
||||
|
6.
|
SHARED VOTING POWER
|
|||
|
389,921
|
||||
|
7.
|
SOLE DISPOSITIVE POWER
|
|||
|
0
|
||||
|
8.
|
SHARED DISPOSITIVE POWER
|
|||
|
389,921
|
||||
|
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
|
389,921
|
||||
|
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)
|
|||
|
5.37%
|
||||
|
12.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|||
|
IN, HC
|
||||
|
CUSIP No
|
||||
|
Item 1.
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(a).
|
Name of Issuer:
|
||
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La Jolla Pharmaceutical Company
|
||||
|
(b).
|
Address of Issuer's Principal Executive Offices:
|
|||
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4550 La Jolla Village Drive
Suite 1070
San Diego, California 92122
|
||||
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Item 2.
|
(a).
|
Name of Person Filing:
|
||
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Broadfin Capital, LLC
Broadfin Healthcare Master Fund, Ltd.
Kevin Kotler
|
||||
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(b).
|
Address of Principal Business Office, or if None, Residence:
|
|||
|
Broadfin Capital, LLC
237 Park Avenue, Suite 900
New York, New York 10017
United States of America
Broadfin Healthcare Master Fund, Ltd.
20 Genesis Close
Ansbacher House, Second Floor
P.O. Box 1344
Grand Cayman KY1-1108
Cayman Islands
Kevin Kotler
c/o Broadfin Capital, LLC
237 Park Avenue, Suite 900
New York, New York 10017
United States of America
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||||
|
(c)
|
Citizenship:
|
|||
|
Broadfin Capital, LLC – Delaware
Broadfin Healthcare Master Fund, Ltd. – Cayman Islands
Kevin Kotler – United States of America
|
||||
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(d).
|
Title of Class of Securities:
|
|||
|
Common Stock, par value $0.0001 per share
|
||||
|
(e).
|
CUSIP Number:
|
|||
|
503459604
|
||||
|
Item 3.
|
If this statement is filed pursuant to ss.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a
|
||
|
(a)
|
[_]
|
Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78c).
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|
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(b)
|
[_]
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Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c).
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(c)
|
[_]
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Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c).
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(d)
|
[_]
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Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
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(e)
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[_]
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An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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(f)
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[_]
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An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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(g)
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[_]
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A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
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|
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(h)
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[_]
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A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);
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|
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(i)
|
[_]
|
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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|
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(j)
|
[_]
|
Group, in accordance with s.240.13d-1(b)(1)(ii)(J).
|
|
|
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:
|
||||
|
Broadfin Capital, LLC – 389,921
Broadfin Healthcare Master Fund, Ltd. – 389,921
Kevin Kotler – 389,921
|
|||||
|
(b)
|
Percent of class:
|
||||
|
Broadfin Capital, LLC – 5.37%
Broadfin Healthcare Master Fund, Ltd. – 5.37%
Kevin Kotler – 5.37%
|
|||||
|
(c)
|
Number of shares as to which the person has:
|
||||
|
(i)
|
Sole power to vote or to direct the vote
|
||||
|
Broadfin Capital, LLC – 0
Broadfin Healthcare Master Fund, Ltd. – 0
Kevin Kotler – 0
|
|||||
|
(ii)
|
Shared power to vote or to direct the vote
|
||||
|
Broadfin Capital, LLC – 389,921
Broadfin Healthcare Master Fund, Ltd. – 389,921
Kevin Kotler – 389,921
|
|||||
|
(iii)
|
Sole power to dispose or to direct the disposition of
|
||||
|
Broadfin Capital, LLC – 0
Broadfin Healthcare Master Fund, Ltd. – 0
Kevin Kotler – 0
|
|||||
|
(iv)
|
Shared power to dispose or to direct the disposition of
|
||||
|
Broadfin Capital, LLC – 389,921
Broadfin Healthcare Master Fund, Ltd. – 389,921
Kevin Kotler – 389,921
|
|||||
|
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 five percent of the class of securities, check the following [_].
|
|
|
N/A
|
|
|
Item 6.
|
Ownership of More Than Five Percent on Behalf of Another Person.
|
|
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
|
|
|
N/A
|
|
|
Item 7.
|
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
|
|
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
|
|
|
N/A
|
|
|
Item 8.
|
Identification and Classification of Members of the Group.
|
|
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
|
|
|
N/A
|
|
Item 9.
|
Notice of Dissolution of Group.
|
|
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
|
|
|
N/A
|
||
|
Item 10.
|
Certification.
|
|
|
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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.
|
||
|
April 16, 2014
|
|
|
(Date)
|
|
|
BROADFIN CAPITAL, LLC*
|
|
|
By: /s/ Kevin Kotler
|
|
|
(Signature)
|
|
|
Kevin Kotler, Managing Member
|
|
|
(Name/Title)
|
|
April 16, 2014
|
|
|
(Date)
|
|
|
BROADFIN HEALTHCARE
MASTER FUND, LTD.
By: /s/ Kevin Kotler
|
|
|
(Signature)
|
|
|
Kevin Kotler, Director
|
|
|
(Name/Title)
|
|
April 16, 2014
|
|
|
(Date)
|
|
|
By: /s/ Kevin Kotler*
|
|
|
(Signature)
|
|
|
Kevin Kotler
|
|
|
(Name/Title)
|
|
April 16, 2014
|
|
|
(Date)
|
|
|
BROADFIN CAPITAL, LLC
|
|
|
By: /s/ Kevin Kotler
|
|
|
(Signature)
|
|
|
Kevin Kotler, Managing Member
|
|
|
(Name/Title)
|
|
April 16, 2014
|
|
|
(Date)
|
|
|
BROADFIN HEALTHCARE
MASTER FUND, LTD.
By: /s/ Kevin Kotler
|
|
|
(Signature)
|
|
|
Kevin Kotler, Director
|
|
|
(Name/Title)
|
|
April 16, 2014
|
|
|
(Date)
|
|
|
By: /s/ Kevin Kotler
|
|
|
(Signature)
|
|
|
Kevin Kotler
|
|
|
(Name/Title)
|