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Frazier Life Sciences funds (ATTO) detail Attovia stakes and IPO purchases

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Attovia Therapeutics, Inc. received a large shareholder disclosure from several Frazier Life Sciences funds. Frazier Life Sciences Public Fund, L.P. reports beneficial ownership of 760,327 shares of common stock, or 1.7% of the class, based on 45,579,017 shares anticipated to be outstanding after the IPO. Frazier Life Sciences XI, L.P. reports 6,154,213 shares, or 13.5%, and Frazier Life Sciences XII, L.P. reports 54,163 shares, or 0.1%.

FLS XI acquired its position primarily through pre-IPO preferred stock and common stock purchases totaling about $59,979,760, which converted into common stock at the IPO, while FLSPF, FLS XI and FLS XII bought additional IPO shares at $17.00 per share for an aggregate $21,250,000. FLSPF and FLS XII then made follow-on open-market purchases on August 5–7, 2026 within stated price ranges.

The holdings are described as for investment purposes, with no current plans for corporate control actions. Certain Frazier funds are subject to 180‑day lock-up agreements after the IPO prospectus date and benefit from an Amended and Restated Investors' Rights Agreement providing registration rights for resales, subject to customary limitations.

Positive

  • None.

Negative

  • None.

Filing Explained

Frazier Life Sciences XI reports shared voting and dispositive power over 13.5% of Attovia; the filing itself does not alter the outstanding share count.

Schedule 13D is the SEC form for reporting ownership above 5%; here, Frazier Life Sciences XI reports beneficial ownership of 6,154,213 shares of common stock, or 13.5% of the class, tied to the August 6, 2026 event date.

That ownership is reported as shared voting and shared dispositive power, so the filing establishes the Frazier entities’ disclosed rights over that stake; the filing itself does not change Attovia’s outstanding share count.

The filing identifies the general-partner chain but says no members of the relevant investment committee are attributed beneficial ownership, keeping the reported ownership at the entity level rather than assigning it to individual committee members.

FLSPF shares owned 760,327 shares Beneficial ownership of Attovia common stock by Frazier Life Sciences Public Fund, L.P.
FLS XI shares owned 6,154,213 shares Beneficial ownership of Attovia common stock by Frazier Life Sciences XI, L.P.
FLS XII shares owned 54,163 shares Beneficial ownership of Attovia common stock by Frazier Life Sciences XII, L.P.
Post-IPO shares outstanding baseline 45,579,017 shares Attovia common stock anticipated to be outstanding following the IPO per final prospectus
Pre-IPO investment by FLS XI $59,979,760 Aggregate purchase price for common and preferred stock in private transactions
IPO purchase amount $21,250,000 Aggregate price for 617,758, 588,235 and 44,007 IPO shares bought at $17.00 per share
IPO share price $17.00 per share Price paid by FLSPF, FLS XI and FLS XII for Attovia shares from IPO underwriters
Lock-up period 180 days Duration after IPO final prospectus date during which FLS XI is generally restricted from disposing or hedging
reverse stock split financial
"Common Stock (after accounting for the 9.29-1 reverse stock split effected on July 29, 2026)"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Lock-Up Agreements regulatory
"entered into lock-up agreements (the "Lock-Up Agreements") with the representatives of the underwriters"
A lock-up agreement is a contract that prevents company insiders—founders, employees, and early investors—from selling their shares for a set period after a public stock offering. It matters to investors because it keeps a large block of shares off the market temporarily; when the lock-up ends, those holders can sell and this increased supply can cause the stock price to fall, similar to a timed release that suddenly opens a valve.
Investors' Rights Agreement regulatory
"entered into the Amended and Restated Investors' Rights Agreement (the "Investors' Rights Agreement")"
registrable securities financial
"Under the Investors' Rights Agreement, holders of registrable securities, including certain of the Reporting Persons"
initial public offering financial
"Prior to the Issuer's initial public offering (the "IPO"), FLS XI purchased from the Issuer"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

FAQ

What stake do Frazier Life Sciences funds report in Attovia Therapeutics (ATTO)?

Frazier Life Sciences XI, L.P. reports 6,154,213 shares of Attovia common stock, representing 13.5% of the class based on 45,579,017 shares outstanding post-IPO. Related funds hold additional stakes of 1.7% and 0.1% through separate entities.

How many Attovia (ATTO) shares does Frazier Life Sciences Public Fund hold?

Frazier Life Sciences Public Fund, L.P. directly holds 760,327 shares of Attovia common stock, representing 1.7% of the class. This percentage uses a base of 45,579,017 shares anticipated to be outstanding after Attovia’s IPO, as described in its final prospectus.

At what price did the Frazier funds buy Attovia (ATTO) shares in the IPO?

Frazier Life Sciences Public Fund, FLS XI and FLS XII purchased Attovia common stock from the IPO underwriters at $17.00 per share, for an aggregate purchase price of $21,250,000. These IPO purchases are in addition to earlier private rounds and later market purchases.

What additional Attovia (ATTO) share purchases did Frazier funds make after the IPO?

On August 5–7, 2026, FLSPF and FLS XII bought Attovia shares in multiple open-market trades within price ranges of $21.77–$22.00, $20.36–$21.88 and $19.37–$20.00, with aggregate consideration of $2,190,790, $1,061,850 and $53,728.83, respectively.

Are Frazier Life Sciences XI’s Attovia (ATTO) shares subject to a lock-up?

Yes. Frazier Life Sciences XI, L.P. entered into Lock-Up Agreements covering its Attovia securities, generally restricting disposals or hedging for 180 days after the IPO final prospectus date, except with prior written consent from the lead underwriters named in the agreement.

Do Frazier funds have registration rights for their Attovia (ATTO) shares?

Certain Frazier entities, including FLS XI, are parties to an Amended and Restated Investors' Rights Agreement dated March 31, 2025, allowing them to demand or piggyback registration of their Attovia common shares for resale, subject to conditions and underwriter-driven limitations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





04987L102

(CUSIP Number)
Jennifer Martin
1700 Seventh Ave, Suite 1120,
Seattle, WA, 98101
(206) 451-8040

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
08/06/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on 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).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage listed in row 13 is calculated based on 45,579,017 shares of Common Stock that were anticipated to be outstanding following the Issuer's initial public offering as set forth in the Issuer's final prospectus filed with the SEC pursuant to Rule 424(b)(4) on August 5, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage listed in row 13 is calculated based on 45,579,017 shares of Common Stock that were anticipated to be outstanding following the Issuer's initial public offering as set forth in the Issuer's final prospectus filed with the SEC pursuant to Rule 424(b)(4) on August 5, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage listed in row 13 is calculated based on 45,579,017 shares of Common Stock that were anticipated to be outstanding following the Issuer's initial public offering as set forth in the Issuer's final prospectus filed with the SEC pursuant to Rule 424(b)(4) on August 5, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage listed in row 13 is calculated based on 45,579,017 shares of Common Stock that were anticipated to be outstanding following the Issuer's initial public offering as set forth in the Issuer's final prospectus filed with the SEC pursuant to Rule 424(b)(4) on August 5, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage listed in row 13 is calculated based on 45,579,017 shares of Common Stock that were anticipated to be outstanding following the Issuer's initial public offering as set forth in the Issuer's final prospectus filed with the SEC pursuant to Rule 424(b)(4) on August 5, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage listed in row 13 is calculated based on 45,579,017 shares of Common Stock that were anticipated to be outstanding following the Issuer's initial public offering as set forth in the Issuer's final prospectus filed with the SEC pursuant to Rule 424(b)(4) on August 5, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage listed in row 13 is calculated based on 45,579,017 shares of Common Stock that were anticipated to be outstanding following the Issuer's initial public offering as set forth in the Issuer's final prospectus filed with the SEC pursuant to Rule 424(b)(4) on August 5, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage listed in row 13 is calculated based on 45,579,017 shares of Common Stock that were anticipated to be outstanding following the Issuer's initial public offering as set forth in the Issuer's final prospectus filed with the SEC pursuant to Rule 424(b)(4) on August 5, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage listed in row 13 is calculated based on 45,579,017 shares of Common Stock that were anticipated to be outstanding following the Issuer's initial public offering as set forth in the Issuer's final prospectus filed with the SEC pursuant to Rule 424(b)(4) on August 5, 2026.


SCHEDULE 13D


Frazier Life Sciences Public Fund, L.P.
Signature:/s/ Jennifer Martin
Name/Title:By Jennifer Martin, CFO of FHMLSP, L.L.C., GP of FHMLSP, L.P., GP of Frazier Life Sciences Public Fund, L.P.
Date:08/11/2026
FHMLSP, L.P.
Signature:/s/ Jennifer Martin
Name/Title:By Jennifer Martin, CFO of FHMLSP, L.L.C., GP of FHMLSP, L.P.
Date:08/11/2026
FHMLSP, L.L.C.
Signature:/s/ Jennifer Martin
Name/Title:By Jennifer Martin, CFO of FHMLSP, L.L.C.
Date:08/11/2026
Frazier Life Sciences XI, L.P.
Signature:/s/ Jennifer Martin
Name/Title:By Jennifer Martin, CFO of FHMLS XI, L.L.C., GP of FHMLS XI, L.P., GP of Frazier Life Sciences XI, L.P.
Date:08/11/2026
FHMLS XI, L.P.
Signature:/s/ Jennifer Martin
Name/Title:By Jennifer Martin, CFO of FHMLS XI, L.L.C., GP of FHMLS XI, L.P.
Date:08/11/2026
FHMLS XI, L.L.C.
Signature:/s/ Jennifer Martin
Name/Title:By Jennifer Martin, CFO of FHMLS XI, L.L.C.
Date:08/11/2026
Frazier Life Sciences XII, L.P.
Signature:/s/ Jennifer Martin
Name/Title:By Jennifer Martin, CFO of FHMLS XII, L.L.C., GP of FHMLS XII, L.P., GP of Frazier Life Sciences XII, L.P.
Date:08/11/2026
FHMLS XII, L.P.
Signature:/s/ Jennifer Martin
Name/Title:By Jennifer Martin, CFO of FHMLS XII, L.L.C., GP of FHMLS XII, L.P.
Date:08/11/2026
FHMLS XII, L.L.C.
Signature:/s/ Jennifer Martin
Name/Title:By Jennifer Martin, CFO of FHMLS XII, L.L.C.
Date:08/11/2026