UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
 
Summit Healthcare Acquisition Corp.
(Name of Issuer)
Class A Ordinary Shares, $0.0001 par value per share
(Title of Class of Securities)
G8566R102
(CUSIP Number)
December 31, 2022
 
Date of Event Which Requires Filing of this Statement

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

[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] 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. G8566R102

1
NAMES OF REPORTING PERSONS
BFAM Partners (Cayman) Limited
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
[ ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO, FI, HC
CUSIP No. G8566R102

1
NAMES OF REPORTING PERSONS
BFAM Partners (Hong Kong) Limited
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
[ ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO, FI
CUSIP No. G8566R102

1
NAMES OF REPORTING PERSONS
BFAM Partners (North America) LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
[ ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO, IA
CUSIP No. G8566R102

1
NAMES OF REPORTING PERSONS
BFAM Asian Opportunities Master Fund, L.P.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
[ ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN

CUSIP No. G8566R102

1
NAMES OF REPORTING PERSONS
BFAM Asian Opportunities Master GP Limited
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
[ ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
CUSIP No. G8566R102

1
NAMES OF REPORTING PERSONS
Benjamin Fuchs
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
[ ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN, HC
AMENDMENT NO. 3 TO SCHEDULE 13G

Item 1(a)
Name of Issuer:
 
Summit Healthcare Acquisition Corp. (the “Issuer”)
 
Item 1(b)
Address of Issuer’s Principal Executive Offices:
 
 
Unit 1101, 11th Floor
1 Lyndhurst Tower, 1 Lyndhurst Terrace
Central, Hong Kong
 
Item 2(a)
This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):
 
(i) BFAM Partners (Cayman) Limited (“BFAM Cayman”);
(ii) BFAM Partners (Hong Kong) Limited (“BFAM Hong Kong”);
(iii) BFAM Partners (North America) LLC (“BFAM North America”);
(iv) BFAM Asian Opportunities Master Fund, L.P. (the “Master Fund”);
(v) BFAM Asian Opportunities Master GP Limited (the “Master GP”); and
(vi) Benjamin Fuchs (“Mr. Fuchs”).
 
This Statement relates to Shares (as defined herein) that were held, or which may be acquired, for the account of the Master Fund. BFAM Cayman serves as the investment adviser to the Master Fund. BFAM North America and BFAM Hong Kong are wholly-owned subsidiaries of BFAM Cayman and serve as sub-advisers to the Master Fund. The Master GP serves as the general partner of the Master Fund. In such capacities, BFAM Cayman, BFAM North America, BFAM Hong Kong, the Master GP and Mr. Fuchs may be deemed to have voting and dispositive power over the Shares held for the Master Fund.
 
Item 2(b)
Address of Principal Business Office, or if None, Residence:
 
The address of the principal business office of BFAM Cayman, BFAM Hong Kong, the Master Fund, the Master GP and Mr. Fuchs is c/o BFAM Partners (Hong Kong) Limited, 35th Floor, Suite 1-3A, 148 Electric Road, North Point, Hong Kong. The address of the principal business office of BFAM North America is 900 Third Avenue, 11th Floor, Suite 1102, New York, NY 10022.
Item 2(c)
Citizenship:
 
 
(i) BFAM Cayman is a Cayman Islands exempted company;
(ii) BFAM Hong Kong is a Hong Kong limited company;
(iii) BFAM North America is a Delaware limited liability company;
(iv) the Master Fund is a Cayman Islands exempted limited partnership;
(v) the Master GP is a Cayman Islands exempted company; and
(vi) Mr. Fuchs is a citizen of Hong Kong.
 
Item 2(d)
Title of Class of Securities:
 
 
Class A Ordinary Shares, $0.0001 par value per share (the “Shares”)
 
Item 2(e)
CUSIP Number:
 
 
G8566R102
 
Item 3
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is:
Not Applicable
 
Item 4
Ownership:
 
Item 4(a)
Amount Beneficially Owned as of December 31, 2022:
 
None of the Reporting Persons beneficially owned any Shares. The Reporting Persons beneficially owned 550,000 warrants to purchase Shares.  The warrants to purchase Shares do not represent beneficial ownership of any Shares at this time as such warrants are not currently exercisable and will not be exercisable until the later of (i) 30 days after the completion of the Issuer’s initial business combination or (ii) 12 months from the closing of the Issuer’s initial public offering.
 
   
Item 4(b)
Percent of Class as of December 31, 2022:
 
 
0% *
 
Item 4(c)
Number of Shares of which each Reporting Person has:
 
 
(i) Sole power to vote or to direct the vote:
0
  
 
(ii) Shared power to vote or to direct the vote:
0
  
 
(iii) Sole power to dispose or to direct the disposition of:
0
  
 
(iv) Shared power to dispose or to direct the disposition of:
0
  
       
 
 
Item 5
Ownership of Five Percent or Less of the Class:
 
 
If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owners 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:
 
 
Not Applicable.
 
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 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.
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.

Date: January 31, 2023
 
BFAM PARTNERS (CAYMAN) LIMITED
 
By: /s/ Benjamin Fuchs
Name: Benjamin Fuchs
Title: Director
 
   
 
BFAM PARTNERS (HONG KONG) LIMITED
 
By: /s/ Benjamin Fuchs
Name: Benjamin Fuchs
Title: Director
   
 
 
BFAM PARTNERS (NORTH AMERICA) LLC
 
By: /s/ Benjamin Fuchs
Name: Benjamin Fuchs
Title: Chief Executive Officer
 
   
 
BFAM ASIAN OPPORTUNITIES MASTER FUND LP
 
By: BFAM ASIAN OPPORTUNITIES MASTER GP LIMITED,
its general partner
 
By: /s/ Matthew Buck
Name: Matthew Buck
Title: Director
 
 
BFAM ASIAN OPPORTUNITIES MASTER GP LIMITED
 
By: /s/ Matthew Buck
Name: Matthew Buck
Title: Director
 
/s/ Benjamin Fuchs
BENJAMIN FUCHS

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