Form: SC 13D

Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities

February 8, 2013



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D
(Rule 13d-101)
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO §240.13d-1(a) AND
AMENDMENTS THERETO FILED PURSUANT TO §240.13d-2(a)
 

 
AntriaBio, Inc.
(Name of Issuer)
 
Common Stock, par value $0.001
(Title of Class of Securities)
 
037230109
(CUSIP Number)
 
Dr. Sankaram Mantripragada
c/o AntriaBio Delaware, Inc.
999 18th Street, Suite 3000 Denver, C0 80202
(303) 357-4644
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
January 31, 2013
(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.
 
*  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).
 

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1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
 
Sankaram Mantripragada
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)
OO
5.
Check 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.
 
Sole Voting
Power
 
6,527,778 shares of Common Stock
8.
Shared Voting
Power
None
9.
Sole Dispositive
Power
6,527,778 shares of Common Stock
10.
Shared Dispositive
Power
None
     
11
Aggregate Amount Beneficially Owned by Each Reporting Person
6,527,778 shares of Common Stock
     
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)
16.1%1
   
14.
Type of Reporting Person (See Instructions)
 
IN

 

 
1 Based on 40,527,778 shares of common stock outstanding on February 6, 2013. The shares of common stock outstanding includes the portion of the common stock options that will vest up to sixty days from the date of this Statement.
 

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Item 1.
Security and Issuer.
This Statement is filed with respect to the common stock of AntriaBio, Inc., a Delaware corporation (the “Issuer”). The address of the principal executive offices of the Company is 890 Santa Cruz Avenue Menlo Park, CA 94025.
 
Item 2.
Identity and Background.
 
This statement is filed on behalf of the following Reporting Person:
 
Dr. Mantripragada, whose principal address is 999 18th Street, Suite 3000, Denver, Colorado, 80202.  Dr. Mantripragada serves as the Company’s Chief Scientific Officer.  During the past five years Dr. Mantripragada has neither been convicted of a criminal proceeding, nor has he been the party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he was or is subject to 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.  In addition, Dr. Mantripragada has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).  Dr. Mantripragada is a United States citizen.
 
Item 3.
Source and Amount of Funds or Other Consideration.
 
On January 31, 2013, pursuant to a share exchange and reorganization agreement (the “Share Exchange and Reorganization Agreement”) by and among the Issuer, AntriaBio Delaware, Inc., and the holders of all outstanding shares of AntriaBio Delaware, Inc. (the “Antria Delaware Stockholders”), the Issuer agreed to issue to the Antria Delaware Stockholders 35,284,000 shares of the Issuer’s common stock representing approximately 88.2% of the Issuer’s issued and outstanding common stock.  In return, the Antria Delaware Stockholders transferred to the Issuer all of the issued and outstanding shares of common stock of AntriaBio Delaware, Inc.  Such transaction is hereinafter referred to as the “Reverse Merger”. Dr. Mantripragada received a total of 6,000,000 Shares in exchange for his 6,000,000 shares of common stock of Antria Delaware. In connection with the Reverse Merger, In connection with the Reverse Merger, Dr. Mantripragada was appointed as Chief Scientific Officer of the Issuer.
 
As a result of the Reverse Merger, Dr. Mantripragada beneficially owns an aggregate of 6,527,778 shares of the Issuer (“Shares”), which includes the exercisable portion and the portion that will vest within 60 days of January 30, 2013 of an option to purchase shares of common stock of the Issuer at an exercise price of $0.75 per share (“Common Stock Option”) that was issued by AntriaBio Delaware, Inc. to Dr. Mantripragada on January 30, 2013.  As part of the Reverse Merger, the Issuer assumed all of AntriaBio Delaware, Inc.’s Common Stock Options.
 
The foregoing description of the Share Exchange and Reorganization Agreement and the Common Stock Option do not purport to be complete and are qualified in their entirety by reference to the full text of the Share Exchange and Reorganization Agreement and the Common Stock Option, attached as Exhibits 2.1 and 10.9, respectively, to the Issuer’s Current Report on Form 8-K filed with the United States Securities and Exchange Commission on February 6, 2013 (the “Form 8-K”), and is incorporated herein by reference.
 
Item 4.
Purpose of Transaction.
 
Dr. Mantripragada acquired the Issuer’s Shares for investment purpose and to effect the Reverse Merger pursuant to the Share Exchange and Reorganization Agreement as described in Item 3 above.  In connection with the Share Exchange and Reorganization Agreement and the Reverse Merger as more
 
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fully described in the Form 8-K, Dr. Mantripragada was appointed to serve as the Chief Scientific Officer of the Issuer.  As a result of the Reverse Merger, AntriaBio Delaware, Inc. is a wholly-owned operating subsidiary of the Issuer.
 
Subject to ongoing evaluation, except as otherwise set forth above, Dr. Mantripragada has no current plans or proposals which relate to or would otherwise result in any of the following:
 
1.  
The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;
 
2.  
An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
 
3.  
A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;
 
4.  
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;
 
5.  
Any material change in the present capitalization or dividend policy of the Issuer;
 
6.  
Any other material change in the Issuer’s business or corporate structure including, but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940;
 
7.  
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;
 
8.  
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;
 
9.  
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, as amended, or
 
Any action similar to any of those enumerated above.
 
Item 5.
Interest in Securities of the Issuer.
 
a.
As of the date hereof, Dr. Mantripragada beneficially owns an aggregate of 6,527,778 Shares of the Issuer, which includes the exercisable portion of the Common Stock Option and the portion of the Common Stock Option that will vest within 60 days of January 30, 2013.  Ownership of 6,527,778 Shares represents 16.1% of such outstanding class of the Issuer’s securities.  The percentage calculation is based upon 40,527,778 outstanding Shares as of February 6, 2013.  The 40,527,778 Shares includes the portion of Common Stock Option that will vest up to sixty days from January 30, 2013.
 
b.
The following table sets forth the number of Shares as to which the respective Reporting Person has (i) the sole power to vote or direct the vote, (ii) shared power to vote or to direct the vote, (iii) sole power to dispose or to direct the disposition, or (iv) shared power to dispose or to direct disposition:
 
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Reporting Person
Sole Voting Power
Shared Voting Power
Sole Dispositive Power
Shared Dispositive Power
Sankaram Mantripragada
6,527,778
 
6,527,778
 

c.
The information contained in Items 3 and 4 above is hereby incorporated herein by reference in its entirety.
 
d.
The Reporting Person does not know of any other person with the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities covered by this Statement.
 
e.
Not applicable
 
Item 6.
Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
 
To the best knowledge of the Reporting Persons, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 and between such persons and any person with respect to any securities of the Issuer, including but not limited to, transfer or voting of any of the securities of the Issuer, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, or a pledge or contingency the occurrence of which would give another person voting power or investment power over the securities of the Issuer.
 
Item 7.
Material to Be Filed as Exhibits.
 
Exhibit 1: Issuer’s Current Report on Form 8-K filed with the SEC on February 6, 2013 (1)
 
Exhibit 2: Share Exchange and Reorganization Agreement (1)
 
Exhibit 3: Option Agreement with Sankaram Mantripragada (1)
 
*Attached herewith
 
(1)           Incorporated by reference to the Issuer’s Current Report on Form 8-K filed with the SEC on February 6, 2013.
 
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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.
 
   
 
SANKARAM MANTRIPRAGADA
   
     
Dated:  February 8, 2012
By:
/s/ Sankaram Mantripragada
 
Name:
  Sankaram Mantripragada
     

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