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    SEC Form SC 13G/A filed by Butterfly Network Inc. (Amendment)

    2/14/23 12:14:51 PM ET
    $BFLY
    Medical Electronics
    Health Care
    Get the next $BFLY alert in real time by email
    SC 13G/A 1 tm236784d1_sc13ga.htm SC 13G/A

     

     

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

     

    SCHEDULE 13G
    Under the Securities Exchange Act of 1934

     

    (Amendment No. 1)*

     

    Butterfly Network, Inc.
    (Name of Issuer)
     
    Class A common stock, par value $0.0001 per share
    (Title of Class of Securities)
     
      124155102  
      (CUSIP Number)  
         
    December 31, 2022
    (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)
    þ     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).

     

     

    Page 1 of 7 pages

     

     

    CUSIP No. 124155102

     

       
    1. Names of Reporting Persons.
      I.R.S. Identification Nos. of above persons (entities only).
     
      Fosun Industrial Co., Limited
     
     
    2.  Check the Appropriate Box if a Member of a Group (See Instructions)
        (a)       ¨
        (b)       ¨
         
     
    3.  SEC Use Only
       
     
    4.   Citizenship or Place of Organization
     
      Hong Kong
       

     

    Number of
    Shares
    Beneficially
    Owned by
    Each
    Reporting
    Person With:

    5.       Sole Voting Power

     

    0

    6.       Shared Voting Power

     

    10,716,630

    7.       Sole Dispositive Power

     

    0

    8.       Shared Dispositive Power

     

    10,716,630

     

     
    9.  Aggregate Amount Beneficially Owned by Each Reporting Person
     
      10,716,630 (1)
     
     
    10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares
        ¨ 
     
     
    11. Percent of Class Represented by Amount in Row (9)
     
      6.2% (2)
     
     
    12.   Type of Reporting Person (See Instructions)
     
      CO
       

     

     

    (1) Consists of 10,716,630 shares of Class A common stock of Butterfly Network, Inc. (f/k/a Longview Acquisition Corp.) (the “Issuer”) held by Fosun Industrial Co., Limited.

     

    (2) Calculated based on 174,139,488 shares of Class A common stock of the Issuer outstanding as of October 28, 2022 as reported in the Issuer's Form 10-Q filed with the Securities Exchange Commission on November 3, 2022.

     

    Page 2 of 7 pages

     

    CUSIP No. 124155102

     

     
    1. Names of Reporting Persons.
      I.R.S. Identification Nos. of above persons (entities only).
     
      Shanghai Fosun Pharmaceutical (Group) Co., Ltd.
     
     
    2. Check the Appropriate Box if a Member of a Group (See Instructions)
        (a)     ¨
        (b)     ¨
     
     
    3. SEC Use Only
     
     
    4. Citizenship or Place of Organization
     
      China
     

     

    Number of
    Shares
    Beneficially
    Owned by
    Each
    Reporting
    Person With:

    5.       Sole Voting Power

     

    0

    6.       Shared Voting Power

     

    10,716,630

    7.       Sole Dispositive Power

     

    0

    8.       Shared Dispositive Power

     

    10,716,630

     

     
    9. Aggregate Amount Beneficially Owned by Each Reporting Person
       
      10,716,630 (3)
       
     
    10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
        ¨
         
     
    11. Percent of Class Represented by Amount in Row (9)
       
      6.2% (4)
       
     
    12. Type of Reporting Person (See Instructions)
     
      CO
       

     

     

    (3) Consists of 10,716,630 shares of Class A common stock of Butterfly Network, Inc. (f/k/a Longview Acquisition Corp.) (the “Issuer”) held by Fosun Industrial Co., Limited.

     

    (4) Calculated based on 174,139,488 shares of Class A common stock of the Issuer outstanding as of October 28, 2022 as reported in the Issuer's Form 10-Q filed with the Securities Exchange Commission on November 3, 2022.

     

    Page 3 of 7 pages

     

     

    Item 1.

     

    (a)       Name of Issuer:

     

    Butterfly Network, Inc.

     

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

     

    1600 District Avenue
    Burlington, MA 01803

     

    Item 2.

     

    (a)-(c):

     

    This Statement is being filed on behalf of (i) Fosun Industrial Co., Limited, (“Fosun Industrial”) and (ii) Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (“Fosun Pharma”). Fosun Industrial and Fosun Pharma are each referred to herein as a “Reporting Person” and are collectively referred to herein as the “Reporting Persons”. The agreement between the Reporting Persons relating to the joint filing of this Statement is attached hereto as Exhibit 99.1.

     

    The address of the principal business office for Fosun Industrial is 5/F, Manulife Place, 348 Kwun Tong Road, Kowloon, Hong Kong. The address of the principal business office for Fosun Pharma is No. 1289 Yishan Road (Building A, Fosun Technology Park), Shanghai 200233, People's Republic of China.

     

    Fosun Industrial is a company incorporated under the laws of Hong Kong. Fosun Industrial is principally engaged in foreign investment, sale and consultancy service of Chinese and western medicine, diagnostic reagent, medical device products and relevant import and export business. Fosun Industrial is a wholly-owned subsidiary of Fosun Pharma.

     

    Fosun Pharma is a corporation organized under the laws of People's Republic of China and listed on the Shanghai Stock Exchange and the Stock Exchange of Hong Kong Limited. Fosun Pharma's business covers all key sectors of healthcare industry chain, including pharmaceutical manufacturing and R&D, medical devices and medical diagnosis, healthcare services, as well as pharmaceutical distribution and retail. As of December 31, 2022, Fosun Pharma is a subsidiary of, and is beneficially held approximately 35.82% by, Shanghai Fosun High Technology (Group) Co. Ltd. (“Fosun High Technology”) and 0.22% by Fosun International Limited (“Fosun International”).

     

    As of December 31, 2022, Fosun High Technology is a wholly-owned subsidiary of Fosun International and performs its parent company's business operation in Mainland China. Fosun International is a technology-driven consumer group which operates three business lines in Health, Happiness and Wealth, and is principally engaged in creating world-class products and services for families around the world. Fosun International is a Hong Kong company, the ordinary shares of which are listed on the main board of The Stock Exchange of Hong Kong Limited. As of December 31, 2022, Fosun International is a subsidiary of, and is beneficially held approximately 73.53% by Fosun Holdings Limited (“Fosun Holdings”). Fosun Holdings is an investment holding company. As of December 31, 2022, Fosun Holdings is a wholly-owned subsidiary of Fosun International Holdings Ltd. (“Fosun International Holdings”). Fosun International Holdings is an investment holding company. As of December 31, 2022, Fosun International Holdings is beneficially held approximately 85.29% by Guo Guangchang and 14.71% by Wang Qunbin. Guo Guangchang controls Fosun International Holdings and could therefore be deemed the beneficial owner of the securities held by Fosun Industrial.

     

    (d)       Title of Class of Securities:

     

    Class A common stock, par value of $0.0001 per share

     

    (e)       CUSIP Number:

     

    124155102

     

    Item 3.If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

     

    Not applicable

     

    Page 4 of 7 pages

     

     

    Item 4.Ownership

     

    (a)       Amount beneficially owned:

     

    The information required by Items 4(a) is set forth in Row 9 of the cover page for each Reporting Person and is incorporated herein by reference.

     

    (b)       Percent of class:

     

    The information required by Items 4(a) is set forth in Row 11 of the cover page for each Reporting Person and is incorporated herein by reference.

     

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

     

    The information required by Items 4(c) is set forth in Rows 5-8 of the cover page for each Reporting Person and is incorporated herein by reference.

     

    Item 5.Ownership of Five Percent or Less of a Class

     

    Not applicable

     

    Item 6.Ownership of More than Five Percent on Behalf of Another Person

     

    Not applicable

     

    Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

     

    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

     

    By signing below the reporting persons certify that, to the best of their knowledge and belief, the securities referred to above 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.

     

    Page 5 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.

     

    Date: February 14, 2023

     

      Fosun Industrial Co., Limited
       
      By: /s/ Xiaohui Guan
      Name: Xiaohui Guan
      Title: Director
       
      Shanghai Fosun Pharmaceutical (Group) Co., Ltd.
       
      By: /s/ Yifang Wu
      Name: Yifang Wu
      Title: Chairman and Executive Director

     

    Page 6 of 7 pages

     

     

    Exhibit Index

     

    Exhibit No.   Exhibit
    99.1   Joint Filing Agreement

     

    Page 7 of 7 pages

     

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