Company: HRTX
Filing Date: 2025-09-09
Form Type: S-3
Source: 0000950170-25-113830
Chunk: 33

Company: HERON THERAPEUTICS, INC. /DE/
Filing Date: 2025-09-09
Form: S-3
Chunk 33
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 sole general partner of Rubric Capital Management LP is Rubric Capital Management GP LLC. The managing member of Rubric Capital Management GP LLC is David Rosen. Mr. Rosen may be deemed to have shared voting and investment power of the securities managed or sub-managed, as applicable, by Rubric Capital Management LP. Mr. Rosen disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein. The address of the Rubric Funds is 155 E 44th St., Suite 1630, New York, NY 10017.                                                                     |
| (4) | The shares reported under “Number of Shares of Common Stock Owned Prior to Offering” consist of (i) 8,753,290 shares of Common Stock, (ii) 700,120 shares of Common Stock issuable upon the conversion of the Series A Convertible Preferred Stock and (iii) 1,162,891 shares of Common Stock issuable upon exercise of Pre-Funded Warrants held by Velan Capital Master Fund, LP. The Pre-Funded Warrants are exercisable and will expire when exercised in full, however, the pre-funded warrants cannot be exercised by Velan Capital Master Fund, LP if, after giving effect thereto, Velan Capital Master Fund, LP (together with its affiliates) would beneficially own, as determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, more than 4.99% of the outstanding shares of Common Stock. Such ownership limitation may be increased upon 61 days’ notice to the Company. Velan Capital Holdings LLC (“Velan GP”), as the general partner of Velan Capital Master Fund, LP, may be deemed to beneficially own the shares beneficially owned by Velan Capital Master Fund, LP. Velan Capital Investment Management LP (“Velan Capital”), as the investment manager of Velan Capital Master Fund, LP, may be deemed to beneficially own the shares beneficially owned by Velan Capital Master Fund, LP. Velan Capital Management LLC (“Velan IM GP”), as the general partner of Velan Capital, may be deemed to beneficially own the shares beneficially owned by Velan Capital Master Fund, LP. Adam Morgan, as a Managing Member of each of Velan GP and Velan IM GP, may be deemed to beneficially own the shares beneficially owned by Velan Capital Master Fund, LP. Adam Morgan has served as Chairman of the board of directors (the “Board