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* AMP-CF Holdings, LLC (Last) (First) (Middle) C/O AMPERSAND CAPITAL PARTNERS 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 02/11/2021	3. Issuer Name and Ticker or Trading Symbol Bioventus Inc. [ BVS ]
		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)
			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)
Class A Common Stock	3,255,332	D(1)(2)(3)

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)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* AMP-CF Holdings, LLC (Last) (First) (Middle) C/O AMPERSAND CAPITAL PARTNERS 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip)

1. Name and Address of Reporting Person* Ampersand CF Limited Partnership (Last) (First) (Middle) C/O AMPERSAND CAPITAL PARTNERS 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip)

1. Name and Address of Reporting Person* AMP-CF Management Co Limited Partnership (Last) (First) (Middle) C/O AMPERSAND CAPITAL PARTNERS 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip)

1. Name and Address of Reporting Person* AMP-CF MC LLC (Last) (First) (Middle) C/O AMPERSAND CAPITAL PARTNERS 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip)

1. Name and Address of Reporting Person* Ampersand 2020 Limited Partnership (Last) (First) (Middle) C/O AMPERSAND CAPITAL PARTNERS 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip)

1. Name and Address of Reporting Person* AMP-20 MC LLC (Last) (First) (Middle) C/O AMPERSAND CAPITAL PARTNERS 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip)

1. Name and Address of Reporting Person* AMP-20 Management Co Limited Partnership (Last) (First) (Middle) C/O AMPERSAND CAPITAL PARTNERS 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip)

1. Name and Address of Reporting Person* HOOPER HERBERT H (Last) (First) (Middle) C/O AMPERSAND CAPITAL PARTNERS 55 WILLIAM STREET, SUITE 240 (Street) WELLESLEY MA 02481 (City) (State) (Zip)

Explanation of Responses:

1. These securities are held of record by AMP-CF Holdings, LLC (the "Investor"). Ampersand CF Limited Partnership ("AMP-CF LP") and Ampersand 2020 Limited Partnership ("AMP-20 LP") are the sole members and Managers of the Investor. AMP-CF Management Company Limited Partnership ("AMP-CF MCLP") is the general partner of AMP-CF LP; AMP-CF MC LLC ("AMP-CF MCLLC") is the general partner of AMP-CF MCLP; and Herbert H. Hooper is the Managing Member of AMP-CF MCLLC. AMP-20 Management Company Limited Partnership ("AMP-20 MCLP") is the general partner of AMP-20 LP; AMP-20 MC LLC ("AMP-20 MCLLC") is the general partner of AMP-20 MCLP; and Herbert H. Hooper is the Managing Member of AMP-20 MCLLC.

2. (Continued from footnote 1) By virtue of such relationships, AMP-CF LP; AMP-CF MCLP; AMP-CF MCLLC; AMP-20 LP; AMP-20 MCLP; AMP-20 MCLLC; and Herbert H. Hooper may be deemed to have voting and investment power with respect to the securities held by the Investor and as a result may be deemed to have beneficial ownership over such securities.

3. Each of AMP-CF LP; AMP-CF MCLP; AMP-CF MCLLC; AMP-20 LP; AMP-20 MCLP; AMP-20 MCLLC; and Herbert H. Hooper disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any such entity or person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.

Remarks:

Exhibit 24 - Power of Attorney

	AMP-CF Holdings, LLC, By: /s/ Dana L. Niles, Name: Dana L. Niles, Title: Chief Operating Officer	02/11/2021
	Ampersand CF Limited Partnership, By AMP-CF Management Company Limited Partnership, its general partner, By: AMP-CF MC LLC, its general partner, By: /s/ Dana L. Niles, Name: Dana L. Niles, Title: Chief Operating Officer	02/11/2021
	AMP-CF Management Company Limited Partnership, By: AMP-CF MC LLC, its general partner, By: /s/ Dana L. Niles, Name: Dana L. Niles, Title: Chief Operating Officer	02/11/2021
	AMP-CF MC LLC, By: /s/ Dana L. Niles, Name: Dana L. Niles, Title: Chief Operating Officer	02/11/2021
	Ampersand 2020 Limited Partnership, By: AMP-20 Management Company Limited Partnership, By: AMP-20 MC LLC, its general partner, By: /s/ Dana L. Niles, Name: Dana L. Niles, Title: Chief Operating Officer	02/11/2021
	AMP-20 MC LLC, By: /s/ Dana L. Niles, Name: Dana L. Niles, Title: Chief Operating Officer	02/11/2021
	AMP-20 Management Company Limited Partnership, By: AMP-20 MC LLC, its general partner, By: /s/ Dana L. Niles, Name: Dana L. Niles, Title: Chief Operating Officer	02/11/2021
	/s/ Herbert H. Hooper, Herbert H. Hooper	02/11/2021
	** Signature of Reporting Person	Date
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                            LIMITED POWER OF ATTORNEY

        The undersigned hereby constitutes and appoints Dana L. Niles, with full
power of substitution, the undersigned's true and lawful attorney-in-fact to:

        (1) execute for and on behalf of the undersigned, in the undersigned's
capacity as a stockholder of Bioventus Inc. (the "Company"), from time to time
the following U.S. Securities and Exchange Commission ("SEC") forms: (i) Form 3,
Initial Statement of Beneficial Ownership of Securities, including any attached
documents; (ii) Form 4, Statement of Changes in Beneficial Ownership of
Securities, including any attached documents; (iii) Form 5, Annual Statement of
Beneficial Ownership of Securities in accordance with Section 16(a) of the
Securities Exchange Act of 1934, as amended, and the rules thereunder, including
any attached documents; (iv) Schedules 13D and 13G; and (v) amendments of each
thereof, in accordance with the Securities Exchange Act of 1934, as amended, and
the rules thereunder, including any attached documents;

        (2) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Form 3, 4
or 5, Schedule 13D or 13G, or any amendment(s) thereto and timely file such
form(s) with the SEC and any securities exchange, national association or
similar authority; and

        (3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.

        The undersigned hereby grants to the attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that the attorney-in-fact, or the attorney-
in-fact's substitute or substitutes, shall lawfully do or cause to be done by
virtue of this power of attorney and the rights and powers herein granted.  The
undersigned acknowledges that the foregoing attorney-in-fact, in serving in such
capacity at the request of the undersigned, are not assuming, nor is the Company
assuming, any of the undersigned's responsibilities to comply with Section 16 or
Regulation 13D-G of the Securities Exchange Act of 1934, as amended.

        This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file such forms with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorney-in-fact.  This Power of Attorney supersedes any prior power
of attorney in connection with the undersigned's capacity as an officer and/or
director of the Company.  This Power of Attorney may be filed with the SEC as a
confirming statement of the authority granted herein.

        IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to
be executed as of February 9, 2021.

                                        /s/ Herbert H. Hooper
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                                        Signature

                                        Herbert H. Hooper
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