EcoR1 Group (NASDAQ: ATRA) reports ~17% holdings in Atara Biotherapeutics
Rhea-AI Filing Summary
EcoR1 Capital and related filers reported passive ownership stakes in Atara Biotherapeutics. The filing shows EcoR1 Capital, LLC and Oleg Nodelman each report 1,552,000 shares (representing 17.4% of the class) and EcoR1 Capital Fund Qualified, L.P. reports 1,445,609 shares (16.2%), based on 8,912,272 shares outstanding as of May 7, 2026. The filing states excluded warrants to acquire 1,090,922 and 1,026,558 shares respectively that are subject to a 9.99% beneficial ownership limitation and currently cannot be exercised.
Positive
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Negative
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Key Figures
EcoR1 shares held: 1,552,000 shares
EcoR1 percent: 17.4%
Qualified Fund shares: 1,445,609 shares
+4 more
7 metrics
EcoR1 shares held
1,552,000 shares
Amount beneficially owned by EcoR1 Capital and Oleg Nodelman
EcoR1 percent
17.4%
Percent of class for EcoR1/Oleg Nodelman based on shares outstanding as of May 7, 2026
Qualified Fund shares
1,445,609 shares
Amount beneficially owned by EcoR1 Capital Fund Qualified, L.P.
Qualified Fund percent
16.2%
Percent of class for Qualified Fund based on May 7, 2026 outstanding shares
Shares outstanding (anchor)
8,912,272 shares
Shares outstanding used to calculate percentages as of May 7, 2026
Warrants excluded (EcoR1)
1,090,922 warrants
Warrants to acquire shares excluded from reported beneficial ownership; subject to 9.99% limit
Warrants excluded (Qualified Fund)
1,026,558 warrants
Warrants to acquire shares excluded from reported beneficial ownership; subject to 9.99% limit
Key Terms
Schedule 13G/A, beneficial ownership limitation (9.99%), shared dispositive power, beneficially owned
4 terms
Schedule 13G/A regulatory
"Amendment No. 3; Schedule 13G/A filing header"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficial ownership limitation (9.99%) regulatory
"subject to a 9.99% beneficial ownership limitation and currently cannot be exercised"
beneficially owned regulatory
"The shares reported herein consist of 1,552,000 shares of Common Stock beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake did EcoR1 report in Atara Biotherapeutics (ATRA)?
EcoR1 Capital, LLC and Oleg Nodelman each reported 1,552,000 shares, equal to 17.4% of the outstanding common stock based on 8,912,272 shares as of May 7, 2026. This reflects reported shared voting and dispositive power.
Are there warrants included in the reported EcoR1 ownership for ATRA?
The filing excludes warrants: EcoR1-related holders note warrants to acquire 1,090,922 and 1,026,558 shares. Those warrants are subject to a 9.99% beneficial ownership limitation and are currently not exercisable.
How is voting and dispositive power reported for the EcoR1 group?
Each reporting person discloses 0 sole voting or dispositive power and reports shared voting and shared dispositive power over the reported share totals (e.g., 1,552,000 shared for EcoR1 and Nodelman).
Does the filing say EcoR1 seeks control of Atara?
The signing statement certifies the securities were not acquired to change or influence control and were not held in connection with transactions to change control; the reporting persons disclaim group membership for control purposes.
What date is used to calculate the ownership percentages in the filing?
Percentages are calculated using 8,912,272 shares outstanding as of May 7, 2026, which is the explicit time anchor provided in the ownership statements.