UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 

(Amendment No.   1  )* 




 

Outset Medical, Inc.
(Name of Issuer)

 

 

Common Stock, $0.001 Par Value Per Share
(Title of Class of Securities)

 

 

69014507
(CUSIP Number)

 

 

December 7, 2021
(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

o Rule 13d-1(b)

o Rule 13d-1(c)

x 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).

 

 
   

 

  CUSIP No. 69014507  SCHEDULE 13G/A Page 2 of 8 Pages
         
1

NAME OF REPORTING PERSONS

 

Mubadala Investment Company PJSC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

 
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

The Emirate of Abu Dhabi, United Arab Emirates

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

Not applicable

6

SHARED VOTING POWER

 

1,444,665

7

SOLE DISPOSITIVE POWER

 

Not applicable

8

SHARED DISPOSITIVE POWER

 

1,444,665

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,444,665

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

o
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

3.1%(1)

12

TYPE OF REPORTING PERSON

 

CO

 

(1)This percentage is calculated based upon 47,094,315 shares of Common Stock outstanding as of October 29, 2021, as set forth in the Issuer’s Quarterly Report for the quarter ended September 30, 2021 filed with the Commission on November 4, 2021. This filing constitutes an exit filing as the reporting person has ceased to be the beneficial owner of more than 5 percent of the referenced class of securities.

 

 

   

 

CUSIP No. 69014507  SCHEDULE 13G/A Page 3 of 8 Pages
         
1

NAME OF REPORTING PERSONS

 

Mamoura Diversified Global Holding PJSC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

 
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

The Emirate of Abu Dhabi, United Arab Emirates

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

Not applicable

6

SHARED VOTING POWER

 

1,444,665

7

SOLE DISPOSITIVE POWER

 

Not applicable

8

SHARED DISPOSITIVE POWER

 

1,444,665

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,444,665

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

o
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

3.1%(1)

12

TYPE OF REPORTING PERSON

 

CO

 

(1)This percentage is calculated based upon 47,094,315 shares of Common Stock outstanding as of October 29, 2021, as set forth in the Issuer’s Quarterly Report for the quarter ended September 30, 2021 filed with the Commission on November 4, 2021. This filing constitutes an exit filing as the reporting person has ceased to be the beneficial owner of more than 5 percent of the referenced class of securities.

 

 

   

 

  CUSIP No. 69014507  SCHEDULE 13G/A Page 4 of 8 Pages
         
1

NAME OF REPORTING PERSONS

 

Mubadala Technology Investments (Mubadala Technology) LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

 
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

The Emirate of Abu Dhabi, United Arab Emirates

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

Not applicable

6

SHARED VOTING POWER

 

1,444,665

7

SOLE DISPOSITIVE POWER

 

Not applicable

8

SHARED DISPOSITIVE POWER

 

1,444,665

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,444,665(1)

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

o
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

3.1%(1)

12

TYPE OF REPORTING PERSON

 

OO

               

 

(1)This percentage is calculated based upon 47,094,315 shares of Common Stock outstanding as of October 29, 2021, as set forth in the Issuer’s Quarterly Report for the quarter ended September 30, 2021 filed with the Commission on November 4, 2021. This filing constitutes an exit filing as the reporting person has ceased to be the beneficial owner of more than 5 percent of the referenced class of securities.

 

 

   

 

CUSIP No. 69014507  SCHEDULE 13G/A Page 5 of 8 Pages
         
1

NAME OF REPORTING PERSONS

 

Aurora Investment Company LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

 
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

The Emirate of Abu Dhabi, United Arab Emirates

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

Not applicable

6

SHARED VOTING POWER

 

1,444,665

7

SOLE DISPOSITIVE POWER

 

Not applicable

8

SHARED DISPOSITIVE POWER

 

1,444,665

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,444,665

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

o
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

3.1%(1)

12

TYPE OF REPORTING PERSON

 

OO

 

(1)This percentage is calculated based upon 47,094,315 shares of Common Stock outstanding as of October 29, 2021, as set forth in the Issuer’s Quarterly Report for the quarter ended September 30, 2021 filed with the Commission on November 4, 2021. This filing constitutes an exit filing as the reporting person has ceased to be the beneficial owner of more than 5 percent of the referenced class of securities.

 

 

   

 

CUSIP No. 69014507  SCHEDULE 13G/A Page 6 of 8 Pages

 

Item 1.  

 

(a)                Name of Issuer:

Outset Medical, Inc.

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

3052 Orchard Drive

San Jose, California 95134

Item 2.  

 

(a)                Name of Person Filing:

(i)Mubadala Investment Company PJSC
(ii)Mamoura Diversified Global Holding PJSC
(iii)Mubadala Technology Investments (Mubadala Technology) LLC
(iv)Aurora Investment Company LLC
    (b)                Address of Principal Business Office:
(i)Mamoura A Buildings Abu Dhabi, 45005 United Arab Emirates
(ii)Mamoura A Buildings Abu Dhabi, 45005 United Arab Emirates
(iii)Mamoura A Buildings Abu Dhabi, 45005 United Arab Emirates
(iv)Mamoura A Buildings Abu Dhabi, 45005 United Arab Emirates

 

    (c) Citizenship:

Please refer to Item 4 on each cover page for each Reporting Person.

    (d) Title of Class of Securities:

Common Stock, Par Value $0.001 Per Share

    (e) CUSIP No.:

690145107

Item 3.

 

Not applicable

 

Item 4. Ownership:

 

Information with respect to each Reporting Person’s ownership is incorporated by reference to items (5) - (9) and (11) of the cover page for each Reporting Person.

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

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].

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.

   

 

CUSIP No. 690145107  SCHEDULE 13G/A Page 7 of 8 Pages

Item 8. Identification and Classification of Members of the Group.

 

Not Applicable.

Item 9. Notice of Dissolution of Group.

 

Not Applicable.

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and held in the ordinary course of business and 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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

 

CUSIP No. 69145107  SCHEDULE 13G/A Page 8 of 8 Pages

SIGNATURES

 

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.

 

Dated: December 7, 2021

 

 

  Mubadala Investment Company PJSC
       
  By: /s/ Andre Namphy
    Name:  Andre Namphy
    Title: Authorized Signatory
       
       
  Mamoura Diversified Global Holding PJSC
       
  By: /s/ Andre Namphy
    Name:  Andre Namphy
    Title:  Authorized Signatory
       

 

  Mubadala Technology Investments (Mubadala Technology) LLC
       
  By: /s/ Andre Namphy
    Name: Andre Namphy
    Title: Authorized Signatory
       
       
  Aurora Investment Company LLC
     
  By: /s/ Andre Namphy
    Name:  Andre Namphy
    Title:  Authorized Signatory