# EDGAR Filing Document

**Accession Number:** 0001790256
**File Stem:** 0001072613-23-000047
**Filing Date:** 2023-1
**Character Count:** 51771
**Document Hash:** 619d3edc782c8a93a98860d4697f6bbd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001072613-23-000047.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0001072613-23-000047

**CONFORMED SUBMISSION TYPE**: SC 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230127

**GROUP MEMBERS**: ALI BEHBAHANI

**GROUP MEMBERS**: ANTHONY A. FLORENCE, JR.

**GROUP MEMBERS**: CARMEN CHANG

**GROUP MEMBERS**: EDWARD T. MATHERS

**GROUP MEMBERS**: FOREST BASKETT

**GROUP MEMBERS**: LIZA LANDSMAN

**GROUP MEMBERS**: MOHAMAD H. MAKHZOUMI

**GROUP MEMBERS**: NEA 17 GP, LLC

**GROUP MEMBERS**: NEA PARTNERS 17, L.P.

**GROUP MEMBERS**: NEW ENTERPRISE ASSOCIATES 17, L.P.

**GROUP MEMBERS**: PAUL WALKER

**GROUP MEMBERS**: PETER W. SONSINI

**GROUP MEMBERS**: RICK YANG

**GROUP MEMBERS**: SCOTT D. SANDELL

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Satsuma Pharmaceuticals, Inc.
- **CENTRAL INDEX KEY:** 0001692830
- **STANDARD INDUSTRIAL CLASSIFICATION:** PHARMACEUTICAL PREPARATIONS [2834]
- **IRS NUMBER:** 813039831
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-91126
- **FILM NUMBER:** 23564018

**BUSINESS ADDRESS:**
- **STREET 1:** 400 OYSTER POINT BOULEVARD
- **STREET 2:** SUITE 221
- **CITY:** SOUTH SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 64080
- **BUSINESS PHONE:** 415-505-0809

**MAIL ADDRESS:**
- **STREET 1:** 400 OYSTER POINT BOULEVARD
- **STREET 2:** SUITE 221
- **CITY:** SOUTH SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 64080
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Growth Equity Opportunities 17, LLC
- **CENTRAL INDEX KEY:** 0001790256
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1954 GREENSPRING DRIVE
- **STREET 2:** SUITE 600
- **CITY:** TIMONIUM
- **STATE:** MD
- **ZIP:** 21093
- **BUSINESS PHONE:** 410-842-4000

**MAIL ADDRESS:**
- **STREET 1:** 1954 GREENSPRING DRIVE
- **STREET 2:** SUITE 600
- **CITY:** TIMONIUM
- **STATE:** MD
- **ZIP:** 21093

#### UNITED STATES

#### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

#### SCHEDULE 13D

#### Under the Securities Exchange Act of 1934

#### (Amendment No. 1)\*
**Satsuma Pharmaceuticals, Inc.**

(Name of Issuer)

**Common Stock, $0.0001 par value**

(Title of Class of Securities)

**80405P107**

(CUSIP Number)

**Louis S. Citron, Esq.**

**New Enterprise Associates**

**1954 Greenspring Drive, Suite 600, Timonium, MD 21093**

**(410) 842-4000**

------

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

**January 20, 2023**

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐

**Note**: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

<sup>\*</sup> 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 disclosures provided in a prior cover page.

The information required on 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. 80405P107** | **13D** | **Page 2 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **Growth Equity Opportunities 17, LLC** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **WC** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **Delaware Limited Liability Company** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **OO** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 3 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **New Enterprise Associates 17, L.P.** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **WC** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **Delaware Limited Partnership** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **PN** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 4 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **NEA Partners 17, L.P.** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **AF** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **Delaware Limited Partnership** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **PN** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 5 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **NEA 17 GP, LLC** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **AF** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **Delaware Limited Liability Company** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **OO** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 6 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **Forest Baskett** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **AF** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **United States** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **IN** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 7 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **Ali Behbahani** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **AF** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **United States** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **IN** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 8 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **Carmen Chang** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **AF** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **United States** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **IN** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 9 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **Anthony A. Florence, Jr.** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **AF** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **United States** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **IN** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 10 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **Liza Landsman** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **AF** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **United States** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **IN** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 11 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **Mohamad H. Makhzoumi** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **AF** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **United States** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **IN** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 12 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **Edward T. Mathers** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **AF** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **United States** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **IN** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 13 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **Scott D. Sandell** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **AF** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **United States** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **IN** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 14 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **Peter W. Sonsini** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **AF** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **United States** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **IN** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 15 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **Paul Walker** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **AF** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **United States** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **IN** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 16 of 26 Pages** |

---

1. NAMES
 OF REPORTING PERSONS. **Rick Yang** 

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐

3. SEC
 USE ONLY

4. SOURCE
 OF FUNDS (see instructions) **AF** 

5. CHECK
 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

6. CITIZENSHIP
 OR PLACE OF ORGANIZATION **United States citizen** 

---

| | | |
|:---|:---|:---|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 7. | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 8. | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**2,488,587 shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 9. | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**0 Shares**<br>|
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | 10. | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**2,488,587 shares**<br>|

---

11. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON **2,488,587 shares** 

12. CHECK
 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ☐

13. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (11) **7.5%** 

14. TYPE
 OF REPORTING PERSON (see instructions) **IN** 

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 17 of 26 Pages** |

---

**Item 1.** **<u>Security and Issuer</u>.**

This Amendment No. 1 ("Amendment No. 1") to Schedule 13D amends and supplements the Schedule D originally filed on March 15, 2021 and relates to the common stock, $0.0001 par value (the "Common Stock"), of Satsuma Pharmaceuticals, Inc. (the "Issuer"), having its principal executive office at 400 Oyster Point Boulevard, Suite 221, South San Francisco, California 94080.

Certain terms used but defined in this Amendment No. 1 have the meanings assigned thereto in the Schedule 13D. Except as specifically provided herein, this Amendment No. 1 does not modify any of the information previously reported on the Schedule 13D.

**Item 2.** **<u>Identity and Background</u>.**

This statement is being filed by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Growth Equity Opportunities 17, LLC ("GEO");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) New Enterprise Associates 17, L.P. ("NEA 17"), which is the sole member of GEO; NEA Partners 17, L.P. ("NEA Partners 17"), which is the sole general partner of NEA 17; and NEA 17 GP, LLC ("NEA 17 LLC" and, together with NEA Partners 17, the "Control Entities"), which is the sole general partner of NEA Partners 17; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Forest Baskett ("Baskett"), Ali Behbahani ("Behbahani"), Carmen Chang ("Chang"), Anthony A. Florence, Jr. ("Florence"), Liza Landsman ("Landsman"), Mohamad H. Makhzoumi ("Makhzoumi"), Edward T. Mathers ("Mathers"), Scott D. Sandell ("Sandell"), Peter W. Sonsini ("Sonsini"), Paul Walker ("Walker") and Rick Yang ("Yang") (together, the "Managers") and Joshua Makower ("Makower"). The Managers are the managers of NEA 17 LLC.

The persons named in this Item 2 are referred to individually herein as a "Reporting Person" and collectively as the "Reporting Persons."

The address of the principal business office of GEO, NEA 17, each Control Entity and Sandell is New Enterprise Associates, 1954 Greenspring Drive, Suite 600, Timonium, MD 21093. The address of the principal business office of Behbahani and Mathers is New Enterprise Associates, 5425 Wisconsin Avenue, Suite 800, Chevy Chase, MD 20815. The address of the principal business office of Baskett, Chang, Makhzoumi, Sonsini, Walker and Yang is New Enterprise Associates, 2855 Sand Hill Road, Menlo Park, California 94025. The address of the principal business office of Florence and Landsman is New Enterprise Associates, 104 5<sup>th</sup> Avenue, 19<sup>th</sup> Floor, New York, NY 10001.

The principal business of GEO and NEA 17 is to invest in and assist growth-oriented businesses located principally in the United States. The principal business of NEA Partners 17 is to act as the sole general partner of NEA 17. The principal business of NEA 17 LLC is to act as the sole general partner of NEA Partners 17. The principal business of each of the Managers is to manage the Control Entities, GEO and a number of affiliated partnerships with similar businesses.

During the five years prior to the date hereof, none of the Reporting Persons has been convicted in a criminal proceeding or has been a party to a civil proceeding ending in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

GEO and NEA 17 LLC is a limited liability company organized under the laws of the State of Delaware. NEA 17 and NEA Partners 17 are limited partnerships organized under the laws of the State of Delaware. Each of the Managers is a United States citizen.

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 18 of 26 Pages** |

---

**Item 3.** **<u>Source and Amount of Funds or Other Consideration</u>.**

On April 7, 2021, GEO completed a series of public purchases from unaffiliated third parties on the open market (the "Purchases"), whereby GEO purchased 150,000 shares of the Issuer's Common Stock for an aggregate purchase price of $848,749.57. Prior to the Purchases GEO held 2,992,958 shares of the Issuer's Common Stock. After the Purchases GEO held 3,142,958 shares of the Issuer's Common Stock.

The working capital of GEO was the source of the funds for the purchase of the Securities. No part of the purchase price of the Securities was represented by funds or other consideration borrowed or otherwise obtained for the purpose of acquiring, holding, trading or voting the Securities.

**Item 4.** **<u>Purpose of Transaction</u>.**

On January 26, 2023, GEO completed one public sale on the open market of a series of public sales that began on November 23, 2022 (the "Transactions"), whereby GEO sold in the aggregate 654,371 shares of the Issuer's Common Stock. After the Transactions GEO holds 2,488,587 shares of the Issuer's Common Stock.

Beginning on (1) March 30, 2021 GEO made a number of open market purchases of the Issuer's Common Stock and (2) November 23, 2022, GEO made a number of open market sales of the Issuer's Common Stock and, depending on market conditions, its continuing evaluation of the business and prospects of the Issuer and other factors, GEO and other Reporting Persons may dispose of or acquire additional shares of the Issuer. As a result of such purchases and transactions, GEO holds 2,488,587 shares of the Issuer's Common Stock. Except as set forth above, none of the Reporting Persons has any present plans which relate to or would result in:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The
 acquisition by any person of additional securities of the Issuer, or the disposition of securities
 of the Issuer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) An
 extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving
 the Issuer or any of its subsidiaries;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) A
 sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Any
 change in the present board of directors or management of the Issuer, including any plans
 or proposals to change the number or term of directors or to fill any existing vacancies
 on the board;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Any
 material change in the present capitalization or dividend policy of the Issuer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Any
 other material change in the Issuer's business or corporate structure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) Changes
 in the Issuer's charter, bylaws or instruments corresponding thereto or other actions
 which may impede the acquisition of control of the Issuer by any person;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) Causing
 a class of securities of the Issuer to be delisted from a national securities exchange or
 to cease to be authorized to be quoted in an inter-dealer quotation system of a registered
 national securities association;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) A
 class of equity securities of the Issuer becoming eligible for termination of registration
 pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) Any
 action similar to any of those enumerated above.

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 19 of 26 Pages** |

---

**Item 5.** **<u>Interest in Securities of the Issuer</u>.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) GEO
 is the record owner of the GEO Shares. As the sole member of GEO, NEA 17 may be deemed to
 own beneficially the GEO Shares. As the general partner of NEA 17, NEA Partners 17 may be
 deemed to own beneficially the GEO Shares. As the sole general partner of NEA Partners 17,
 NEA 17 LLC may be deemed to own beneficially the GEO Shares. As members of NEA 17 LLC, each
 of the Managers may be deemed to own beneficially the GEO Shares.

Each Reporting Person disclaims beneficial ownership of the GEO Shares other than those shares which such person owns of record.

The percentage of outstanding Common Stock of the Issuer which may be deemed to be beneficially owned by each Reporting Person is set forth on Line 13 of such Reporting Person's cover sheet. Such percentage was calculated based on 33,125,954 shares of Common Stock reported by the Issuer to be outstanding as of October 31, 2022 on the Issuer's Form 10-Q filed with the Securities and Exchange Commission (the "SEC") on November 3, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Regarding
 the number of shares as to which such person has:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) sole
 power to vote or to direct the vote: See line 7 of cover sheets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) shared
 power to vote or to direct the vote: See line 8 of cover sheets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) sole
 power to dispose or to direct the disposition: See line 9 of cover sheets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) shared
 power to dispose or to direct the disposition: See line 10 of cover sheets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Except
 as set forth in Item 4 above, none of the Reporting Persons has effected any transaction
 in the Common Stock during the last 60 days.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) No
 other person is known to have the right to receive or the power to direct the receipt of
 dividends from, or any proceeds from the sale of, Common Stock beneficially owned by any
 of the Reporting Persons.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Makower
 has ceased to own beneficially five percent (5%) or more of the Issuer's Common Stock
 as a result of ceasing to be a manager of NEA 17 LLC.

**Item 7.** **<u>Material to be Filed as Exhibits</u>.**

Exhibit 1 – Agreement regarding filing of joint Schedule 13D.

Exhibit 2 – Power of Attorney regarding filings under the Securities Exchange Act of 1934, as amended.

Exhibit 3 – Power of Attorney on behalf of Liza Landsman regarding filings under the Securities Exchange Act of 1934, as amended.

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 20 of 26 Pages** |

---

**<u>SIGNATURE</u>**

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

EXECUTED this 27<sup>th</sup> day of January, 2023.

GROWTH EQUITY OPPORTUNITIES 17, LLC

By: NEW ENTERPRISE ASSOCIATES 17, L.P.<br> Sole Member

By: NEA PARTNERS 17, L.P.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Partner

By: NEA 17 GP, LLC<br> General Partner

By: <u>\*</u> 

Scott D. Sandell

Chief Executive Officer

NEW ENTERPRISE ASSOCIATES 17, L.P.

By: NEA PARTNERS 17, L.P.<br> General Partner

By: NEA 17 GP, LLC<br> General Partner

By: <u>\*</u> 

Scott D. Sandell

&nbsp;&nbsp;&nbsp;&nbsp;Chief Executive Officer

NEA PARTNERS 17, L.P.

By: NEA 17 GP, LLC<br> General Partner

By: <u>\*</u> 

Scott D. Sandell

Chief Executive Officer

NEA 17 GP, LLC

By: <u>\*</u> 

Scott D. Sandell

Chief Executive Officer

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 21 of 26 Pages** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Forest Baskett

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Ali Behbahani

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Carmen Chang

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Anthony A. Florence, Jr.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Liza Landsman

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Mohamad H. Makhzoumi

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Joshua Makower

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Edward T. Mathers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Scott D. Sandell

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Peter W. Sonsini

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Paul Walker

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Rick Yang

<u>\*/s/ Louis S. Citron</u> 

Louis S. Citron

As attorney-in-fact

This Amendment No. 1 to Schedule 13D was executed by Louis S. Citron on behalf of the individuals listed above pursuant to a Power of Attorney a copy of which is attached as Exhibit 2.

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 22 of 26 Pages** |

---

**<u>EXHIBIT 1</u>**

**AGREEMENT**

Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13D need be filed with respect to the ownership by each of the undersigned of shares of stock of Satsuma Pharmaceuticals, Inc.

EXECUTED this 27<sup>th</sup> day of January, 2023.

GROWTH EQUITY OPPORTUNITIES 17, LLC

By: NEW ENTERPRISE ASSOCIATES 17, L.P.<br> Sole Member

By: NEA PARTNERS 17, L.P.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Partner

By: NEA 17 GP, LLC<br> General Partner

By: <u>\*</u> 

Scott D. Sandell

Chief Executive Officer

NEW ENTERPRISE ASSOCIATES 17, L.P.

By: NEA PARTNERS 17, L.P.<br> General Partner

By: NEA 17 GP, LLC<br> General Partner

By: <u>\*</u> 

Scott D. Sandell

&nbsp;&nbsp;&nbsp;&nbsp;Chief Executive Officer

NEA PARTNERS 17, L.P.

By: NEA 17 GP, LLC<br> General Partner

By: <u>\*</u> 

Scott D. Sandell

Chief Executive Officer

NEA 17 GP, LLC

By: <u>\*</u> 

Scott D. Sandell

Chief Executive Officer

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 23 of 26 Pages** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Forest Baskett

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Ali Behbahani

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Carmen Chang

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Anthony A. Florence, Jr.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Liza Landsman

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Mohamad H. Makhzoumi

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Joshua Makower

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Edward T. Mathers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Scott D. Sandell

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Peter W. Sonsini

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Paul Walker

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>\*</u> 

Rick Yang

<u>\*/s/ Louis S. Citron</u> 

Louis S. Citron

As attorney-in-fact

This Agreement relating to Schedule 13D was executed by Louis S. Citron on behalf of the individuals listed above pursuant to a Power of Attorney a copy of which is attached hereto as Exhibit 2.

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 24 of 26 Pages** |

---

**<u>EXHIBIT 2</u>**

**POWER OF ATTORNEY**

KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and appoints Louis S. Citron, Timothy Schaller, Sasha Keough and Stephanie Brecher, and each of them, with full power to act without the others, his or her true and lawful attorney-in-fact, with full power of substitution, to sign any and all instruments, certificates and documents that may be necessary, desirable or appropriate to be executed on behalf of himself as an individual or in his or her capacity as a direct or indirect general partner, director, officer or manager of any partnership, corporation or limited liability company, pursuant to section 13 or 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any and all regulations promulgated thereunder, and to file the same, with all exhibits thereto, and any other documents in connection therewith, with the Securities and Exchange Commission, and with any other entity when and if such is mandated by the Exchange Act or by the Financial Industry Regulatory Authority, granting unto said attorney-in-fact full power and authority to do and perform each and every act and thing necessary, desirable or appropriate, fully to all intents and purposes as he or she might or could do in person, thereby ratifying and confirming all that said attorney-in-fact, or his or her substitutes, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 13th day of March, 2017.

<u>/s/ M. James Barrett</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;M. James Barrett

<u>/s/ Peter J. Barris</u> 

Peter J. Barris

<u>/s/ Forest Baskett</u> 

Forest Baskett

<u>/s/ Ali Behbahani</u> 

Ali Behbahani

<u>/s/ Colin Bryant</u> 

Colin Bryant

<u>/s/ Carmen Chang</u> 

Carmen Chang

<u>/s/ Anthony A. Florence, Jr.</u> 

Anthony A. Florence, Jr.

<u>/s/ Carol G. Gallagher</u> 

Carol G. Gallagher

<u>/s/ Dayna Grayson</u> 

Dayna Grayson

<u>/s/ Patrick J. Kerins</u> 

Patrick J. Kerins

<u>/s/ P. Justin Klein</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;P. Justin Klein

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 25 of 26 Pages** |

---

<u>/s/ Vanessa Larco</u> 

Vanessa Larco

<u>/s/ Joshua Makower</u> 

Joshua Makower

<u>/s/ Mohamad H. Makhzoumi</u> 

Mohamad H. Makhzoumi

<u>/s/ Edward T. Mathers</u> 

Edward T. Mathers

<u>/s/ David M. Mott</u> 

David M. Mott

<u>/s/ Sara M. Nayeem</u> 

Sara M. Nayeem

<u>/s/ Jason R. Nunn</u> 

Jason R. Nunn

<u>/s/ Gregory Papadopoulos</u> 

Gregory Papadopoulos

<u>/s/ Chetan Puttagunta</u> 

Chetan Puttagunta

<u>/s/ Jon Sakoda</u> 

Jon Sakoda

<u>/s/ Scott D. Sandell</u> 

Scott D. Sandell

<u>/s/ A. Brooke Seawell</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Brooke Seawell

<u>/s/ Peter W. Sonsini</u> 

Peter W. Sonsini

<u>/s/ Melissa Taunton</u> 

Melissa Taunton

<u>/s/ Frank M. Torti</u> 

Frank M. Torti

<u>/s/ Ravi Viswanathan</u> 

Ravi Viswanathan

<u>/s/ Paul E. Walker</u> 

Paul E. Walker

<u>/s/ Rick Yang</u> 

Rick Yang

---

| | | |
|:---|:---|:---|
| **CUSIP No. 80405P107** | **13D** | **Page 26 of 26 Pages** |

---

**<u>EXHIBIT 3</u>**

**POWER OF ATTORNEY**

KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and appoints Louis S. Citron, Timothy Schaller, Sasha Keough and Stephanie Brecher, and each of them, with full power to act without the others, her true and lawful attorney-in-fact, with full power of substitution, to sign any and all instruments, certificates and documents that may be necessary, desirable or appropriate to be executed on behalf of herself as an individual or in her capacity as a direct or indirect general partner, director, officer or manager of any partnership, corporation or limited liability company, pursuant to section 13 or 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any and all regulations promulgated thereunder, and to file the same, with all exhibits thereto, and any other documents in connection therewith, with the Securities and Exchange Commission, and with any other entity when and if such is mandated by the Exchange Act or by the Financial Industry Regulatory Authority, granting unto said attorney-in-fact full power and authority to do and perform each and every act and thing necessary, desirable or appropriate, fully to all intents and purposes as she might or could do in person, thereby ratifying and confirming all that said attorney-in-fact, or her substitutes, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 1st day of April, 2020.

<u>/s/ Liza Landsman</u> 

Liza Landsman