Aktis Oncology (AKTS) funds convert preferred stock and buy shares
Rhea-AI Filing Summary
Aktis Oncology large shareholders affiliated with MPM BioVentures 2018 reported major equity changes tied to the company’s initial public offering. On January 12, 2026, entities in the group converted Series Seed, Series A and Series B Redeemable Convertible Preferred Stock into common shares at a 3.8044-for-1 ratio, resulting in 1,314,262, 5,914,197 and 1,577,119 shares of common stock from each series, respectively. The group also reported purchasing an additional 1,112,777 common shares at $18 per share. Following these transactions, the reporting entities indirectly held a total of 10,260,064 Aktis Oncology common shares spread across several investment funds. The reporting persons state that they disclaim beneficial ownership except to the extent of their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series Seed Redeemable Convertible Preferred Stock | 5,000,000 | $0.00 | -- |
| Conversion | Series A Redeemable Convertible Preferred Stock | 22,500,000 | $0.00 | -- |
| Conversion | Series B Redeemable Convertible Preferred Stock | 6,000,000 | $0.00 | -- |
| Conversion | Common Stock | 1,314,262 | $0.00 | -- |
| Conversion | Common Stock | 5,914,197 | $0.00 | -- |
| Conversion | Common Stock | 1,577,119 | $0.00 | -- |
| Purchase | Common Stock | 1,112,777 | $18.00 | $20.03M |
Footnotes (1)
- The shares of common stock were issued upon conversion as follows: 556,810 by MPM BioVentures 2018, L.P. ("BV 2018"), 29,593 by MPM BioVentures 2018 (B), L.P. ("BV 2018(B)"), 10,988 by MPM Asset Management Investors BV2018 LLC ("AM BV2018"), 119,478 by MPM Oncology Innovations Fund, L.P. ("MPM Oncology") and 597,393 by Oncology Impact Private Investment Fund 2, L.P. ("MPM Oncology Impact"). MPM BioVentures 2018 GP LLC and MPM BioVentures 2018 LLC ("BV2018 LLC") are the direct and indirect general partners of BV 2018 and BV 2018(B). BV 2018 LLC is the manager of AM BV2018. Drs. Evnin and Gadicke are managing directors of BV 2018 LLC and managers of MPM Oncology Innovations Fund GP LLC, which is the general partner of MPM Oncology. Dr. Gadicke is the managing member of MPM Oncology Investments 2 LLC, which is the general partner of MPM Oncology Impact. Each share of Series Seed Redeemable Convertible Preferred Stock, Series A Redeemable Convertible Preferred Stock and Series B Redeemable Convertible Preferred Stock automatically converted into shares of the Issuer's Common Stock on a 3.8044-for-1 basis into the number of shares of Common Stock shown in Column 7 without payment of further consideration upon the closing of the initial public offering of the Issuer's Common Stock. The Series Seed Redeemable Convertible Preferred Stock, Series A Redeemable Convertible Preferred Stock and Series B Redeemable Convertible Preferred Stock had no expiration date. The Reporting Persons disclaim beneficial ownership of the securities except to the extent of his or its pecuniary interest therein. The shares are held as follows: 341,709 by MPM Asset Management LLC ("MPM AM"), 556,810 by BV 2018, 29,593 by BV 2018(B), 10,988 by AM BV2018, 119,478 by MPM Oncology and 597,393 by MPM Oncology Impact. Dr. Gadicke is the manager of MPM AM. The shares of common stock were issued upon conversion as follows: 2,505,648 by BV 2018, 133,170 by BV 2018(B), 49,452 by AM BV2018, 537,654 by MPM Oncology and 2,688,273 by MPM Oncology Impact. The shares are held as follows: 341,709 by MPM AM, 3,062,458 by BV 2018, 162,763 by BV 2018(B), 60,440 by AM BV2018, 657,132 by MPM Oncology and 3,285,666 by MPM Oncology Impact. The shares of common stock were issued upon conversion as follows: 668,173 by BV 2018, 35,512 by BV 2018(B), 13,187 by AM BV2018, 143,374 by MPM Oncology and 716,873 by MPM Oncology Impact. The shares are held as follows: 341,709 by MPM AM, 3,730,631 by BV 2018, 198,275 by BV 2018(B), 73,627 by AM BV2018, 800,506 by MPM Oncology and 4,002,539 by MPM Oncology Impact. The shares were purchased as follows: 219,897 by BV 2018, 8,689 by BV 2018(B), 4,284 by AM BV2018, 46,574 by MPM Oncology and 833,333 by MPM Oncology Impact. The shares are held as follows: 341,709 by MPM AM, 3,950,528 by BV 2018, 206,964 by BV 2018(B), 77,911 by AM BV2018, 847,080 by MPM Oncology and 4,835,872 by MPM Oncology Impact.
FAQ
What insider activity did Aktis Oncology (AKTS) report in this Form 4?
The filing shows that investment entities affiliated with MPM BioVentures 2018 and related funds converted preferred stock into Aktis Oncology common shares and also purchased additional common stock in connection with the company’s initial public offering.
What is the total Aktis Oncology (AKTS) common stock position after these transactions?
After the conversions and the share purchase, the reporting entities together indirectly held 10,260,064 shares of Aktis Oncology common stock, allocated among multiple MPM-affiliated funds and entities.
Do the reporting persons claim full beneficial ownership of the reported Aktis Oncology (AKTS) shares?
No. According to the footnotes, the reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest in the various investment entities that hold the shares.