<SEC-DOCUMENT>0001012975-19-000449.txt : 20190625
<SEC-HEADER>0001012975-19-000449.hdr.sgml : 20190625
<ACCEPTANCE-DATETIME>20190625092037
ACCESSION NUMBER:		0001012975-19-000449
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190624
FILED AS OF DATE:		20190625
DATE AS OF CHANGE:		20190625

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			venBio Global Strategic Fund II L.P.
		CENTRAL INDEX KEY:			0001634632
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38944
		FILM NUMBER:		19917147

	BUSINESS ADDRESS:	
		STREET 1:		1700 OWENS STREET
		STREET 2:		SUITE 595
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94158
		BUSINESS PHONE:		415-522-0100

	MAIL ADDRESS:	
		STREET 1:		1700 OWENS STREET
		STREET 2:		SUITE 595
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94158

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			venBio Global Strategic GP II, L.P.
		CENTRAL INDEX KEY:			0001729409
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38944
		FILM NUMBER:		19917148

	BUSINESS ADDRESS:	
		STREET 1:		1700 OWENS STREET
		STREET 2:		SUITE 595
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94158
		BUSINESS PHONE:		415-522-0100

	MAIL ADDRESS:	
		STREET 1:		1700 OWENS STREET
		STREET 2:		SUITE 595
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94158

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GOODMAN COREY S
		CENTRAL INDEX KEY:			0001278411

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38944
		FILM NUMBER:		19917149

	MAIL ADDRESS:	
		STREET 1:		1700 OWENS STREET
		STREET 2:		SUITE 595
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94158

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			venBio Global Strategic GP II, Ltd.
		CENTRAL INDEX KEY:			0001729408
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38944
		FILM NUMBER:		19917150

	BUSINESS ADDRESS:	
		STREET 1:		1700 OWENS STREET
		STREET 2:		SUITE 595
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94158
		BUSINESS PHONE:		415-522-0100

	MAIL ADDRESS:	
		STREET 1:		1700 OWENS STREET
		STREET 2:		SUITE 595
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94158

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Adelman Robert J
		CENTRAL INDEX KEY:			0001329161

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38944
		FILM NUMBER:		19917151

	MAIL ADDRESS:	
		STREET 1:		1700 OWENS STREET
		STREET 2:		SUITE 595
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94158

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Akero Therapeutics, Inc.
		CENTRAL INDEX KEY:			0001744659
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		170 HARBOR WAY
		CITY:			SOUTH SAN FRANCISCO
		STATE:			CA
		ZIP:			94080
		BUSINESS PHONE:		650-487-6488

	MAIL ADDRESS:	
		STREET 1:		170 HARBOR WAY
		CITY:			SOUTH SAN FRANCISCO
		STATE:			CA
		ZIP:			94080
</SEC-HEADER>
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        <issuerName>Akero Therapeutics, Inc.</issuerName>
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            <rptOwnerName>venBio Global Strategic Fund II L.P.</rptOwnerName>
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    <reportingOwner>
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            <rptOwnerName>Adelman Robert J</rptOwnerName>
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            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94158</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001278411</rptOwnerCik>
            <rptOwnerName>GOODMAN COREY S</rptOwnerName>
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        <reportingOwnerAddress>
            <rptOwnerStreet1>1700 OWENS STREET, SUITE 595</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94158</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isOther>0</isOther>
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    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2019-06-24</value>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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                    <value>250000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>16.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
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            </transactionAmounts>
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                <sharesOwnedFollowingTransaction>
                    <value>250000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
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            <transactionDate>
                <value>2019-06-24</value>
            </transactionDate>
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                    <footnoteId id="F3"/>
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            </postTransactionAmounts>
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                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F2"/>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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                    <footnoteId id="F5"/>
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                <directOrIndirectOwnership>
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                    <value>See footnote</value>
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        </nonDerivativeTransaction>
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    <derivativeTable>
        <derivativeTransaction>
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                <value>Series A Preferred Stock</value>
            </securityTitle>
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            <transactionDate>
                <value>2019-06-24</value>
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                    <value>D</value>
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                <footnoteId id="F4"/>
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                    <value>See footnote</value>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Series B Preferred Stock</value>
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                <directOrIndirectOwnership>
                    <value>I</value>
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                    <value>See footnote</value>
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    <footnotes>
        <footnote id="F1">On June 24, 2019, venBio Global Strategic Fund II, L.P. purchased 250,000 shares of common stock of the Issuer at a price of $16.00 per share in the Issuer's initial public offering.</footnote>
        <footnote id="F2">These shares are held by venBio Global Strategic Fund II, L.P.  venBio Global Strategic GP II, LP is the sole general partner of venBio Global Strategic Fund II, LP and venBio Global Strategic GP II, Ltd. is the sole general partner of venBio Global Strategic GP II, L.P.  Robert Adelman and Corey Goodman are directors of venBio Global Strategic GP II, Ltd.  Each of venBio Global Strategic GP II, L.P., venBio Global Strategic GP II, Ltd., Mr. Adelman and Mr. Goodman disclaims beneficial ownership of such securities, except to the extent of his/its indirect pecuniary interest therein.</footnote>
        <footnote id="F3">Represents the total number of shares of common stock received by venBio Global Strategic Fund II, L.P. upon the conversion of the Issuer's Series A Preferred Stock in connection with the closing of the Issuer's initial public offering.</footnote>
        <footnote id="F4">All series of preferred stock automatically converted into the Issuer's common stock on a 3.07418-for-one basis upon the closing of the Issuer's initial public offering on June 24, 2019 and had no expiration date.</footnote>
        <footnote id="F5">Represents the total number of shares of common stock received by venBio Global Strategic Fund II, L.P. upon the conversion of the Issuer's Series B Preferred Stock in connection with the closing of the Issuer's initial public offering.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>venBio Global Strategic Fund II, L.P., by: venBio Global Strategic GP II, L.P., its general partner, by: venBio Global Strategic GP II, Ltd., its general partner, by:  /s/ David Pezeshki, Attorney-in-Fact</signatureName>
        <signatureDate>2019-06-25</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>venBio Global Strategic GP II, L.P., by: venBio Global Strategic GP II, Ltd., its general partner, by:  /s/ David Pezeshki, Attorney-in-Fact</signatureName>
        <signatureDate>2019-06-25</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>venBio Global Strategic GP II, Ltd., by: /s/ David Pezeshki, Attorney-in-Fact</signatureName>
        <signatureDate>2019-06-25</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Robert Adelman, by: /s/ David Pezeshki, Attorney-in-Fact</signatureName>
        <signatureDate>2019-06-25</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Corey Goodman, by: /s/ David Pezeshki, Attorney-in-Fact</signatureName>
        <signatureDate>2019-06-25</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
