BillionToOne (BLLN) NeoTribe funds move 465,607 shares in restructuring
Rhea-AI Filing Summary
Investment entities affiliated with NeoTribe, including NeoTribe Ventures and multiple related funds and LLCs, reported a series of internal restructuring transactions in BillionToOne, Inc. Class A Common Stock. All ten transactions were coded as “J” for other acquisitions or dispositions and totaled 465,607 shares, with a reported price of $0.00 per share, indicating no cash consideration.
Footnotes explain these were pro-rata, in-kind distributions by funds and special purpose vehicles such as Neotribe Ignite Fund I, L.P., Neotribe SPV I BTO, LLC, NeoTribe Ventures I, L.P., NeoTribe Associates I, L.P., and NeoTribe Partners I, LLC to their partners or members. Following these changes, one entity directly holds 2,168,230 shares and another indirectly holds 1,038,239 shares, while smaller indirect holdings of 193,772, 7,980, 5,423 and 1,425 shares are reported, reflecting a reallocation among affiliated investment vehicles rather than open-market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 129,780 | $0.00 | -- |
| Other | Class A Common Stock | 7,980 | $0.00 | -- |
| Other | Class A Common Stock | 7,980 | $0.00 | -- |
| Other | Class A Common Stock | 24,222 | $0.00 | -- |
| Other | Class A Common Stock | 1,425 | $0.00 | -- |
| Other | Class A Common Stock | 1,425 | $0.00 | -- |
| Other | Class A Common Stock | 271,028 | $0.00 | -- |
| Other | Class A Common Stock | 5,423 | $0.00 | -- |
| Other | Class A Common Stock | 5,423 | $0.00 | -- |
| Other | Class A Common Stock | 10,921 | $0.00 | -- |
Footnotes (1)
- Represents a pro-rata, in-kind distribution by Neotribe Ignite Fund I, L.P. ("NTIF I") to its partners, for no additional consideration. The reported security is directly held by NTIF I. Neotribe Ignite Partners I, LLC ("NTIP I") is the general partner of NTIF I. Krishna Kittu Kolluri ("Kolluri") is the managing member of NTIP I and therefore may be deemed to have voting and dispositive power over the shares held by NTIF I. Kolluri disclaims beneficial ownership of the shares held by NTIF I except to the extent of his pecuniary interest therein. The shares were obtained pursuant to a pro-rata, in-kind distribution from NTIF I, for no additional consideration. The reported security is directly held by NTIP I. Kolluri is the managing member of NTIP I and therefore may be deemed to have voting and dispositive power over the shares held by NTIP I. Kolluri disclaims beneficial ownership of the shares held by NTIP I except to the extent of his pecuniary interest therein. Represents a pro-rata, in-kind distribution by NTIP I to its members and assignees, for no additional consideration. Represents a pro-rata, in-kind distribution by Neotribe SPV I BTO, LLC ("NT SPV I") to its members, for no additional consideration. The reported security is directly held by NT SPV I. Neotribe Partners SPV I BTO, LLC ("NTP SPV I") is the managing member of NT SPV I. Kolluri is the managing member of NTP SPV I and therefore may be deemed to have voting and dispositive power over the shares held by NT SPV I. Kolluri disclaims beneficial ownership of the shares held by NT SPV I except to the extent of his pecuniary interest therein. The shares were obtained pursuant to a pro-rata, in-kind distribution from NT SPV I, for no additional consideration. The reported security is directly held by NTP SPV I. Kolluri is the managing member of NTP SPV I and therefore may be deemed to have voting and dispositive power over the shares held by NTP SPV I. Kolluri disclaims beneficial ownership of the shares held by NTP SPV I except to the extent of his pecuniary interest therein. Represents a pro-rata, in-kind distribution by NTP SPV I to its members and assignees, for no additional consideration. Represents a pro-rata, in-kind distribution by NeoTribe Ventures I, L.P. ("NTV I") to its partners, for no additional consideration. The reported security is directly held by NTV I, for itself. NeoTribe Partners I, LLC ("NTP I") is the general partner of NTV I. Kolluri is the managing member of NTP I and therefore may be deemed to hold voting and dispositive power over the shares held by NTV I. Kolluri disclaims beneficial ownership of the shares held by NTV I except to the extent of his pecuniary interest therein. The shares were obtained pursuant to a pro-rata, in-kind distribution from NTV I, for no additional consideration. The reported security is directly held by NTP I. Kolluri is the managing member of NTP I and therefore may be deemed to have voting and dispositive power over the shares held by NTP I. Kolluri disclaims beneficial ownership of the shares held by NTP I except to the extent of his pecuniary interest therein. Represents a pro-rata, in-kind distribution by NTP I to its members and assignees, for no additional consideration. Represents a pro-rata, in-kind distribution by NeoTribe Associates I, L.P. ("NTA I") to its partners, for no additional consideration. The reported security is directly held by NTV I, as nominee for NTA I. NTP I is the general partner of NTA I. Kolluri is the managing member of NTP I and therefore may be deemed to hold voting and dispositive power over the shares held by NTA I. Kolluri disclaims beneficial ownership of the shares held by NTA I except to the extent of his pecuniary interest therein.