Pillar Invest Form 3/A Aceragen / YOUSSEF EL ZEIN ownership change

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Pillar Invest Corp

(Last)

(First)

(Middle)

C/O STUARTS CORPORATE SERVICES LTD.

KENSINGTON HOUSE, 69 DR. ROY'S DRIVE

(Street)

GEORGETOWN, GRAND CAYMAN

KY1-1104

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/16/2023

3. Issuer Name and Ticker or Trading Symbol
Aceragen, Inc. [ ACGN ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)
06/23/2023

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	355,247	I	By Pillar Partners Foundation, L.P.⁽¹⁾
Common Stock	135,540	I	By Pillar Pharmaceuticals 6, L.P.⁽¹⁾
Common Stock	143,747	I	By Abude Umari⁽¹⁾
Common Stock	1,547	I	By Youssef El Zein⁽¹⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Warrants	07/13/2020	07/13/2023	Common Stock	162,601⁽²⁾	0.01	I	By Pillar Partners Foundation, L.P.⁽¹⁾
Warrants	12/11/2020	12/11/2023	Common Stock	35,687⁽²⁾	0.01	I	By Pillar Partners Foundation, L.P.⁽¹⁾
Warrants	12/11/2020	12/11/2023	Common Stock	45,114⁽²⁾	0.01	I	By Pillar Pharmaceuticals 6, L.P.⁽¹⁾

1. Name and Address of Reporting Person^*

Pillar Invest Corp

(Last)

(First)

(Middle)

C/O STUARTS CORPORATE SERVICES LTD.

KENSINGTON HOUSE, 69 DR. ROY'S DRIVE

(Street)

GEORGETOWN, GRAND CAYMAN

KY1-1104

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Pillar Partners Foundation, L.P.

(Last)

(First)

(Middle)

C/O STUARTS CORPORATE SERVICES LTD.

KENSINGTON HOUSE, 69 DR. ROY'S DRIVE

(Street)

GEORGETOWN, GRAND CAYMAN

KY1-1104

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Pillar Pharmaceuticals 6, L.P.

(Last)

(First)

(Middle)

C/O STUARTS CORPORATE SERVICES LTD.

KENSINGTON HOUSE, 69 DR. ROY'S DRIVE

(Street)

GEORGETOWN, GRAND CAYMAN

KY1-1104

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Umari Abude

(Last)

(First)

(Middle)

C/O STUARTS CORPORATE SERVICES LTD.

KENSINGTON HOUSE, 69 DR. ROY'S DRIVE

(Street)

GEORGETOWN, GRAND CAYMAN

KY1-1104

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

ZEIN YOUSSEF EL

(Last)

(First)

(Middle)

C/O STUARTS CORPORATE SERVICES LTD.

KENSINGTON HOUSE, 69 DR. ROY'S DRIVE

(Street)

GEORGETOWN, GRAND CAYMAN

KY1-1104

(City)

(State)

(Zip)

Explanation of Responses:

1. Pillar Invest Corporation ("Pillar GP") is the general partner of Pillar Pharmaceuticals 6, L.P. ("Pillar 6") and Pillar Partners Foundation, L.P. ("Pillar Partners", together with Pillar GP and Pillar 6, the "Pillar Funds"). Youssef El Zein and Abude Umari are directors of Pillar GP. Each of Pillar GP, Mr. El Zein and Mr. Umari disclaims Section 16 beneficial ownership of the securities beneficially owned by the Pillar Funds and this report shall not be deemed an admission that any of Pillar GP, Mr. El Zein or Mr. Umari is the Section 16 beneficial owner of any such securities, except to the extent of its or his pecuniary interest therein, if any, by virtue of its or his ownership interest in the Pillar Funds or Pillar GP, as applicable.

2. The warrants are exercisable subject to a beneficial ownership blocker provision that prevents the holder from exercising the warrants if such exercise would result in the holder beneficially owning more than 19.99% of the Issuer's Common Stock outstanding following such exercise.

Remarks:

This Amendment on Form 3/A amends and restates the Form 3 originally filed on June 23, 2023 in its entirety for the sole purpose of excluding 29,965 shares of the Issuer's Common Stock purchased on May 17, 2023 by Mr. Umari, which were previously inadvertently reported in the Form 3 filing and will instead be included in a Form 4 filing.

	Pillar Invest Corporation, /s/ Youssef El Zein, Authorized Person	07/19/2023
	Pillar Partners Foundation, L.P., /s/ Youssef El Zein, Authorized Person	07/19/2023
	Pillar Pharmaceuticals, 6, L.P., /s/ Youssef El Zein, Authorized Person	07/19/2023
	/s/ Abude Umari	07/19/2023
	/s/ Youssef El Zein	07/19/2023
	** Signature of Reporting Person	Date
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Pillar Invest Form 3/AAceragen / YOUSSEF EL ZEIN ownership change