CVI, Heights report 9.9% Bionano (NASDAQ: BNGO) stake via warrants
Rhea-AI Filing Summary
CVI Investments, Inc. and Heights Capital Management, Inc. filed an amended Schedule 13G reporting beneficial ownership of 1,129,411 shares of Bionano Genomics, Inc. common stock, representing 9.9% of the class.
The reported position consists of shares issuable upon exercise of warrants, which are subject to 4.99% and 9.99% beneficial ownership limits that restrict further exercises above those thresholds. Bionano had 10,176,000 shares outstanding as of November 5, 2025. The reporting parties certify the holdings were not acquired to change or influence control of the company.
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FAQ
What stake in Bionano Genomics (BNGO) do CVI Investments and Heights Capital report?
They report beneficial ownership of 1,129,411 Bionano Genomics shares, equal to 9.9% of the common stock. This stake is reported on an amended Schedule 13G and reflects their combined position as of the relevant reporting date.
How is the 9.9% ownership in Bionano Genomics (BNGO) calculated?
The 9.9% figure is based on 1,129,411 beneficially owned shares relative to 10,176,000 shares outstanding as of November 5, 2025, as disclosed in Bionano Genomics’ Form 10-Q referenced in the ownership section.
Are CVI Investments and Heights Capital’s Bionano (BNGO) holdings from common stock or warrants?
Their reported beneficial ownership consists of shares issuable upon exercise of warrants. These warrants can be exercised into Bionano Genomics common stock, subject to specified ownership limits that cap their post-exercise beneficial ownership percentage.
What ownership limits apply to CVI and Heights’ Bionano Genomics (BNGO) warrants?
A portion of the warrants cannot be exercised above a 4.99% ownership limit, and the remainder cannot be exercised above a 9.99% limit. These caps restrict how many additional shares they may beneficially own at any time.
Do CVI Investments and Heights Capital seek control of Bionano Genomics (BNGO)?
They certify the securities were not acquired and are not held for the purpose of changing or influencing control of Bionano Genomics. The filing states the holdings are not part of any transaction with that control-related purpose or effect.
What is Heights Capital Management’s role in CVI’s Bionano (BNGO) position?
Heights Capital Management, Inc. acts as investment manager to CVI Investments, Inc. and may exercise voting and dispositive power over the reported shares. Each reporting person disclaims beneficial ownership beyond its pecuniary interest in the securities.
When did the reportable event occur for this Bionano Genomics (BNGO) Schedule 13G/A?
The date of the event requiring the filing is listed as December 31, 2025. This is the reference date for when the ownership level triggered or updated the reporting obligation under Schedule 13G requirements.