<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO.__)*
SUNPHARM CORPORATION
--------------------
(Name of Issuer)
COMMON STOCK, $.0001 PAR VALUE
------------------------------
(Title of Class of Securities)
0008676481
--------------
(CUSIP Number)
SUNPHARM CORPORATION, 4651 SALISBURY RD., SUITE 205, JACKSONVILLE, FL 32256
- -------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
MARCH 28, 1997
-------------------------------------------------------
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box / /.
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) 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).
<PAGE>
CUSIP NO. 0008676481 PAGE 2 OF 15 PAGES
<TABLE>
<S> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Cross Atlantic Partners K/S
- -----------------------------------------------------------------------------------------------------------
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)*
- -----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- -----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Denmark
- -----------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0 Shares
NUMBER OF ---------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,428,572 Shares
---------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 Shares
---------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
1,428,572 Shares
- -----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,428,572 Shares
- -----------------------------------------------------------------------------------------------------------
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)
20.66%
- -----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)*
PN
- -----------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 0008676481 PAGE 3 OF 15 PAGES
<TABLE>
<S> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Cross Atlantic Partners K/S II
- -----------------------------------------------------------------------------------------------------------
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)*
- -----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- -----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Denmark
- -----------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0 Shares
NUMBER OF ---------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,428,572 Shares
---------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 Shares
---------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
1,428,572 Shares
- -----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,428,572 Shares
- -----------------------------------------------------------------------------------------------------------
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)
20.66%
- -----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)*
PN
- -----------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 0008676481 PAGE 4 OF 15 PAGES
<TABLE>
<S> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
CAP/Hambro, L.P.
- -----------------------------------------------------------------------------------------------------------
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)*
- -----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- -----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -----------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0 Shares
NUMBER OF ---------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,428,572 Shares
---------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 Shares
---------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
1,428,572 Shares
- -----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,428,572 Shares
- -----------------------------------------------------------------------------------------------------------
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)
20.66%
- -----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)*
PN
- -----------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 0008676481 PAGE 5 OF 15 PAGES
<TABLE>
<S> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
CAP/Hambro, Inc.
- -----------------------------------------------------------------------------------------------------------
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)*
- -----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- -----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -----------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0 Shares
NUMBER OF ---------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,428,572 Shares
---------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 Shares
---------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
1,428,572 Shares
- -----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,428,572 Shares
- -----------------------------------------------------------------------------------------------------------
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)
20.66%
- -----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)*
CO
- -----------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 0008676481 PAGE 6 OF 15 PAGES
<TABLE>
<S> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Hambro America Private Equity, Inc.
- -----------------------------------------------------------------------------------------------------------
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)*
- -----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- -----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -----------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0 Shares
NUMBER OF ---------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,428,572 Shares
---------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 Shares
---------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
1,428,572 Shares
- -----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,428,572 Shares
- -----------------------------------------------------------------------------------------------------------
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)
20.66%
- -----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)*
CO
- -----------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 0008676481 PAGE 7 OF 15 PAGES
<TABLE>
<S> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Charles L. Dimmler, III
- -----------------------------------------------------------------------------------------------------------
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)*
- -----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- -----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
- -----------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
10,729 Shares
NUMBER OF ---------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,428,572 Shares
---------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 10,729 Shares
---------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
1,428,572 Shares
- -----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,439,301 Shares
- -----------------------------------------------------------------------------------------------------------
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)
20.82%
- -----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)*
IN
- -----------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
SCHEDULE 13D
ITEM 1. SECURITY AND ISSUER:
This statement relates to the Common Stock, $.0001 par value (the
"Common Stock"), of SunPharm Corporation, a Delaware corporation (the "Issuer").
The address of the Issuer's principal executive offices is 4651 Salisbury Rd.,
Suite 205, Jacksonville, Florida 32256.
ITEM 2. IDENTITY AND BACKGROUND:
(a) This statement is being filed by (i) Cross Atlantic Partners K/S
("CAP"), (ii) Cross Atlantic Partners K/S II ("CAP II"), (iii) CAP/Hambro, L.P.,
(iv) CAP/Hambro, Inc., (v) Hambro America Private Equity, Inc. and (vi) Charles
L. Dimmler, III. CAP/Hambro, L.P. is the sole general partner of CAP and CAP II.
CAP/Hambro, Inc. is a general partner of CAP/Hambro, L.P. Hambro America Private
Equity, Inc. is the sole shareholder of CAP/Hambro, Inc. Charles L. Dimmler,
III, is an authorized officer of CAP Hambro, Inc. CAP, CAP II, CAP/Hambro, L.P.,
CAP/Hambro, Inc., Hambro America Private Equity, Inc. and Charles L. Dimmler,
III are sometimes referred to collectively herein as the "Reporting Persons."
(b) The address of the principal business and principal office of CAP,
CAP II, CAP/Hambro, L.P., CAP/Hambro, Inc., Hambro America Private Equity, Inc.
and Charles L. Dimmler, III is c/o Hambro Health International, Inc., 650
Madison Avenue, New York, NY 10022.
(c) The principal business of CAP and CAP II is to make private equity
investments in companies specializing in home healthcare. The principal business
of CAP/Hambro, L.P. is to act as the sole general partner of CAP and CAP II. The
principal business of CAP/Hambro, Inc. is to act as the sole general partner of
CAP/Hambro, L.P. The principal business of Charles L. Dimmler, III is to make
private equity investments.
(d) During the five years prior to the date hereof, none of the
Reporting Persons has been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) or has been a party to a civil proceeding
ending in a judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state securities laws
or finding a violation with respect to such laws.
(e) CAP and CAP II are Danish limited partnerships. The state of
organization for CAP/Hambro, L.P. and CAP/Hambro, Inc. is Delaware. The state of
organization for Hambro America Private Equity, Inc. is New York. Charles L.
Dimmler, III is a citizen of the United States.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION:
On March 28, 1997, CAP acquired 450,000 units ("Units") from the Issuer
in a private transaction, each unit consisting of one share of Common Stock and
one redeemable Common Stock Purchase Warrant, for an aggregate purchase price of
$1,575,000.00. The working capital of CAP was the source of funds for this
purchase. No part of the purchase price was represented by funds or other
consideration borrowed or otherwise obtained for the purpose of acquiring,
holding, trading or voting the securities.
On March 28, 1997, CAP II acquired 264,286 Units from the Issuer in a
private transaction for an aggregate purchase price of $925,001.00. The working
capital of CAP II was the source of funds for this purchase. No part of the
purchase price was represented by funds or other consideration borrowed or
otherwise obtained for the purpose of acquiring, holding, trading or voting the
securities.
In 1997, Charles L. Dimmler, III acquired 8,583 Units from the Issuer
in a private transaction. In 1998, Charles L. Dimmler, III acquired 2,146 Units
from the Issue. The working Capital of Mr. Dimmler, III was the source of funds
for this purchase. No part of the purchase price was represented by funds or
other consideration borrowed or otherwise obtained for the purpose of acquiring,
holding, trading or voting the securities.
<PAGE>
SCHEDULE 13D
ITEM 4. PURPOSE OF TRANSACTION:
CAP, CAP II and Charles L. Dimmler, III acquired the Issuer's
securities for investment purposes. Depending on market conditions, their
continuing evaluation of the business and prospects of the Issuer and other
factors, CAP, CAP II and Charles L. Dimmler, III may dispose of or acquire
additional securities of the Issuer. Except as stated below, none of the
Reporting Persons has any present plans which relate to or would result in:
(a) The acquisition by any person of additional securities of the
Issuer, or the disposition of securities of the Issuer;
(b) An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Issuer or any of its
subsidiaries;
(c) A sale or transfer of a material amount of assets of the Issuer or
any of its subsidiaries;
(d) 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;
(e) Any material change in the present capitalization or dividend
policy of the Issuer;
(f) Any other material change in the Issuer's business or corporate
structure, including but not limited to, if the issuer is a
registered closed-out 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;
(g) 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;
(h) 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;
(i) 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; or
(j) Any action similar to any of those enumerated above.
ITEM 5. INTEREST IN THE SECURITIES OF THE ISSUER:
(a) CAP is the record owner of 450,000 shares of Common Stock and
presently exerciseable warrants to purchase 450,000 shares of Common Stock. CAP
II is the record owner of 264,286 shares of Common Stock and presently
exerciseable warrants to purchase 264,286 shares of Common Stock. Therefore, CAP
and CAP II may be deemed to own beneficially an aggregate of 1,428,572 shares of
Common Stock ("CAP Shares") because of their relationship as affiliated
entities. As the general partner of CAP and CAP II, respectively, CAP/Hambro,
L.P. may be deemed to own beneficially the CAP Shares. As the general partner of
CAP/Hambro, L.P., CAP/Hambro, Inc. may be deemed to own beneficially the CAP
Shares. As the sole shareholder of CAP/Hambro, Inc., Hambro America Private
Equity, Inc. may be deemed to own beneficially the CAP Shares. In addition, Mr.
Dimmler is the record owner of 10,729 shares of Common Stock. As a result, Mr.
Dimmler may be deemed to beneficially own 1,439,301 shares of Common Stock.
Each of the Reporting Persons may be deemed to own beneficially 20.66%
of the Common Stock, which percentage is calculated based upon (i) 6,914,728
shares reported outstanding in the Issuer's Form 10-QSB for the period ending
March 31, 1999, and (ii) the number of warrants exerciseable as 714,286 shares
of Common Stock, by CAP and CAP II.
<PAGE>
SCHEDULE 13D
CAP, CAP II, CAP/Hambro, L.P., CAP/Hambro, Inc. and Hambro America
Private Equity, Inc. disclaim beneficial ownership of any shares of Common Stock
except any shares held directly of record.
(b) Number of Shares as to which each such person has
(i) Sole power to vote or direct the vote:
0 shares for CAP
0 shares for CAP II
0 shares for CAP/Hambro, L.P.
0 shares for CAP/Hambro, Inc.
0 shares for Hambro American Private Equity, Inc.
10,729 shares for Charles L. Dimmler III
(ii) Shared power to vote or direct the vote:
1,428,572 shares for each Reporting Person;
(iii) Sole power to dispose or to direct the disposition:
0 shares for CAP
0 shares for CAP II
0 shares for CAP/Hambro, L.P.
0 shares for CAP/Hambro, Inc.
0 shares for Hambro American Private Equity, Inc.
10,729 shares for Charles L. Dimmler III
(iv) Shared power to dispose or to direct the disposition:
1,428,572 shares for each Reporting Person.
(c) Except as set forth above, none of the Reporting Persons has
effected any transaction in the shares of Common Stock during the last 60 days.
(d) No other person is known to have the right to receive or the power
to direct the receipt of dividends from, or any proceeds from the sale of, the
shares of Common Stock beneficially owned by any of the Reporting Persons.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER:
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS:
Exhibit 1 - Agreement regarding filing of joint Schedule 13D
Exhibit 2 - Power of Attorney
<PAGE>
SCHEDULE 13D
SIGNATURE
After reasonable inquiry and to the best of his, her or its knowledge
and belief, each of the undersigned certifies that the information set forth in
this statement is true, complete and correct. We also hereby agree to file this
statement jointly pursuant to the agreement set forth as EXHIBIT 1 hereto.
Dated: November 9, 1999
CROSS ATLANTIC PARTNERS K/S
By: CAP/HAMBRO, L.P.
Its General Partner
By: CAP/HAMBRO, INC.
Its General Partner
By: /s/ Charles L. Dimmler, III
---------------------------
Charles L. Dimmler, III
Authorized Officer
CROSS ATLANTIC PARTNERS K/S II
By: CAP/HAMBRO, L.P.
Its General Partner
By: CAP/HAMBRO, INC.
Its General Partner
By: /s/ Charles L. Dimmler, III
---------------------------
Charles L. Dimmler, III
Authorized Officer
CAP/HAMBRO, L.P.
By: CAP/HAMBRO, INC.
Its General Partner
By: /s/ Charles L. Dimmler, III
---------------------------
Charles L. Dimmler, III
Authorized Officer
CAP/HAMBRO, INC.
By: /s/ Charles L. Dimmler, III
---------------------------
Charles L. Dimmler, III
Authorized Officer
<PAGE>
SCHEDULE 13D
HAMBRO AMERICA PRIVATE EQUITY, INC..
By: /s/ David Barnett
---------------------------
David Barnett
Authorized Officer
/s/ Charles L. Dimmler, III
-------------------------------
Charles L. Dimmler, III
*By: /s/ Edwin A. Goodman
----------------------
Edwin A. Goodman
Attorney-in-fact
* This Schedule 13D was executed by Edwin A. Goodman pursuant to Powers
of Attorney attached hereto as Exhibit 2.
<PAGE>
SCHEDULE 13D
EXHIBIT 1
AGREEMENT
Pursuant to Rule 13d-1(f) (1) under the Securities Exchange Act of
1934, the undersigned hereby agree that only one statement containing the
information required by Schedule 13D need be filed with respect to the ownership
by each of the undersigned of shares of Common Stock of SunPharm Corporation.
This Agreement may be executed in any number of counterparts, each of
which shall be deemed an original.
EXECUTED this 9th day of November, 1999.
CROSS ATLANTIC PARTNERS K/S
By: CAP/HAMBRO, L.P.
Its General Partner
By: CAP/HAMBRO INC.
Its General Partner
By: /s/ Charles L. Dimmler, III
----------------------------
Charles L. Dimmler, III
Authorized Officer
CROSS ATLANTIC PARTNERS K/S II
By: CAP/HAMBRO, L.P.
Its General Partner
By: CAP/HAMBRO INC.
Its General Partner
By: /s/ Charles L. Dimmler, III
----------------------------
Charles L. Dimmler, III
Authorized Officer
CAP/HAMBRO, L.P.
By: CAP/HAMBRO INC.
Its General Partner
By: /s/ Charles L. Dimmler, III
----------------------------
Charles L. Dimmler, III
Authorized Officer
CAP/HAMBRO, INC.
By: /s/ Charles L. Dimmler, III
----------------------------
Charles L. Dimmler, III
Authorized Officer
<PAGE>
SCHEDULE 13D
HAMBRO AMERICA PRIVATE EQUITY, INC.
By: /s/ David Barnett
----------------------------
David Barnett
Authorized Officer
/s/ Charles L. Dimmler, III
----------------------------
Charles L. Dimmler, III
*By: /s/ Edwin A. Goodman
--------------------
Edwin A. Goodman
Attorney-in-fact
* This Schedule 13D was executed by Edwin A. Gordon pursuant to Powers
of Attorney attached hereto as Exhibit 2.
<PAGE>
SCHEDULE 13D
EXHIBIT 2
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below hereby constitutes and appoints Edwin A. Goodman and Lisa C.
Torch, and each of them, with full power to act without the other, his or her
true and lawful attorney-in-fact, with full power of substitution, to sign any
and all instruments, certificates and documents that may be necessary, desirable
or appropriate to be executed on behalf of himself or herself as an individual
or in his or her capacity as a general partner of, or an officer of a general
partner of, CAP/Hambro, L.P., CAP/Hambro, Inc., Hambro America, Inc., Cross
Atlantic Partners K/S, Cross Atlantic Partners K/S II and Cross Atlantic
Partners K/S III, pursuant to Section 13 or 16 of the Securities Exchange Act of
1934, as amended (the "Exchange Act"), and any and all regulations promulgated
thereunder, and to file the same, with all exhibits thereto, and any other
documents in connection therewith, with the Securities and Exchange Commission,
and with any other entity when and if such is mandated by the Exchange Act or by
the By-laws of the National Association of Securities Dealers, Inc., granting
unto said attorney-in-fact full power and authority to do and perform each and
every act and thing necessary, desirable or appropriate, fully to all intents
and purposes as he or she might or could do in person, thereby ratifying and
confirming all that said attorney-in-fact, or his substitutes, may lawfully do
or cause to be done by virtue hereto.
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the
13th day of February, 1998.
/s/ John Cassis
---------------
John Cassis
/s/ Charles L. Dimmler, III
---------------------------
Charles L. Dimmler, III
/s/ David Barnett
-----------------
David Barnett
