Aktis Oncology (AKTS) MPM funds disclose initial insider stakes holdings
Rhea-AI Filing Summary
Aktis Oncology, Inc. had several MPM-affiliated investment vehicles file an initial Form 3 to report their beneficial ownership as of 01/08/2026. The group reports indirect ownership of 341,709 shares of common stock and indirect holdings of Series Seed, Series A and Series B Redeemable Convertible Preferred Stock, which are each convertible into common stock on a 3.8044-for-1 basis. The preferred shares will convert into common stock upon the closing of Aktis Oncology’s initial public offering and have no expiration date. The reporting persons state that they disclaim beneficial ownership of these securities except to the extent of their pecuniary interest, and the shares are held through various MPM-managed funds and entities.
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FAQ
What does the Form 3 filing for Aktis Oncology (AKTS) disclose?
The Form 3 discloses that multiple MPM-affiliated funds and entities report indirect beneficial ownership of 341,709 shares of Aktis Oncology common stock plus several series of redeemable convertible preferred stock.
Who are the reporting persons in the Aktis Oncology (AKTS) Form 3?
The reporting persons are MPM BioVentures 2018, L.P., related MPM BioVentures and MPM Asset Management entities, MPM Oncology Innovations funds, and associated general partners, along with Luke Evnin, all reporting as 10% owners.
How many Aktis Oncology (AKTS) common shares are reported as beneficially owned?
The filing reports 341,709 shares of common stock as indirectly beneficially owned, with indirect ownership described in the footnotes through various MPM-managed investment vehicles.
What preferred stock holdings related to Aktis Oncology (AKTS) are reported?
The Form 3 reports indirect holdings of Series Seed, Series A and Series B Redeemable Convertible Preferred Stock, with underlying amounts of 1,314,262, 5,914,197 and 1,577,119 shares respectively, each convertible into common stock.
What is the conversion ratio for Aktis Oncology (AKTS) preferred stock in this filing?
Each share of Series Seed, Series A and Series B Redeemable Convertible Preferred Stock is convertible into Aktis Oncology common stock on a 3.8044-for-1 basis, as stated in the footnotes.
When will the Aktis Oncology (AKTS) preferred shares convert into common stock?
The filing states that all shares of Series Seed, Series A and Series B Redeemable Convertible Preferred Stock will convert into common stock upon the closing of Aktis Oncology’s initial public offering.
Do the reporting persons fully claim ownership of the Aktis Oncology (AKTS) securities?
No. The reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest, as disclosed in the Explanation of Responses.