Essex Woodlands Management, Inc.

Allegations: THE SEC FOUND THAT REGISTRANT FAILED TO TIMELY FILE ON BEHALF OF A REPORTING GROUP OF REGISTRANT'S AFFILIATED ENTITIES AND PRIVATE FUNDS CERTAIN BENEFICIAL OWNERSHIP FORMS AND REPORTS REQUIRED UNDER SECTIONS 13 AND 16 OF THE SECURITIES EXCHANGE ACT OF 1934. Status: Final Sanction Detail: CIVIL MONEY PENALTY IN THE AMOUNT OF $225,000 PAID BY REGISTRANT ON 09/26/2024. Summary: ON SEPTEMBER 25, 2024, THE SEC ISSUED AN ORDER IN WHICH IT FOUND THAT ESSEX WOODLANDS MANAGEMENT, INC. FAILED TO (1) FILE ON A TIMELY BASIS MULTIPLE REQUIRED SECTION 16(A) REPORTS OF HOLDINGS AND TRANSACTIONS IN THE SECURITIES OF ONE ISSUER ON BEHALF OF A REPORTING GROUP OF ESSEX WOODLANDS MANAGEMENT, INC.'S AFFILIATED ENTITIES AND PRIVATE FUNDS THAT SHARED DIRECT OR INDIRECT BENEFICIAL OWNERSHIP OF MORE THAN 10% OF THAT ISSUER'S REGISTERED CLASS OF COMMON STOCK AND (2) TIMELY FILE AN INITIAL STATEMENT AND CERTAIN AMENDMENTS REQUIRED UNDER SECTION 13(D) WITH RESPECT TO BENEFICIAL OWNERSHIP IN THE ISSUER. ESSEX WOODLANDS MANAGEMENT, INC. PROMPTLY UNDERTOOK A NUMBER OF REMEDIAL EFFORTS, WHICH THE SEC CONSIDERED IN DETERMINING TO ACCEPT ESSEX WOODLANDS MANAGEMENT, INC.'S OFFER OF SETTLEMENT. WITHOUT ADMITTING OR DENYING THE SEC'S FINDINGS, ESSEX WOODLANDS MANAGEMENT, INC. CONSENTED TO THE ENTRY OF THE SEC'S ORDER THAT IT CEASE AND DESIST FROM COMMITTING OR CAUSING ANY VIOLATIONS AND ANY FUTURE VIOLATIONS OF SECTIONS 13(D) AND 16(A) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES 13D-1, 13D-2, AND 16A-3 PROMULGATED THEREUNDER AND PAID A CIVIL MONEY PENALTY OF $225,000.