Ten percent owner of Boundless Bio (NASDAQ: BOLD) adds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boundless Bio, Inc. reported that entities associated with Tang Capital Partners made open-market purchases of a total of 57,210 shares of common stock over three days. The buys on July 6–8, 2026 were executed at weighted-average prices between $2.46 and $2.49 per share.
Following these transactions, the indirect holdings reported as "By LP" increased to 2,698,518 shares of Boundless Bio common stock. Footnotes state that various Tang Capital funds collectively beneficially own these shares and that Kevin Tang has a pecuniary interest in the positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 57,210 shares ($141,865)
Net Buy
3 txns
Insider
TANG KEVIN, TANG CAPITAL MANAGEMENT LLC
Role
null | null
Bought
57,210 shs ($142K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 14,338 | $2.46 | $35K |
| Purchase | Common Stock | 15,810 | $2.48 | $39K |
| Purchase | Common Stock | 27,062 | $2.49 | $67K |
Holdings After Transaction:
Common Stock — 2,698,518 shares (Indirect, By LP)
Footnotes (1)
- The prices reported are weighted-average prices. These shares were purchased in multiple transactions at prices ranging from $2.46 to $2.50. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the SEC staff, upon request, all information regarding the number of shares purchased at each price within the ranges set forth in Footnotes 1 and 3 through 4. Tang Capital Partners, LP ("TCP") beneficially owns 618,407 shares, Tang Capital Partners International, LP ("TCPI") beneficially owns 843,301 shares, Tang Capital Partners III, Inc. ("TCP III") beneficially owns 618,403 shares, and Tang Capital Partners IV, Inc. ("TCP IV") beneficially owns 618,407 shares. Kevin Tang is the sole manager of Tang Capital Management, LLC, which is the general partner of TCP and TCPI. Kevin Tang is the sole director and Chief Executive Officer of TCP III and TCP IV, which are indirectly wholly owned by TCP. Mr. Tang has a pecuniary interest in the shares beneficially held by TCP, TCPI, TCP III and TCP IV. These shares were purchased in multiple transactions at prices ranging from $2.44 to $2.50. These shares were purchased in multiple transactions at prices ranging from $2.42 to $2.48.
Key Figures
Total shares bought: 57,210 shares
Weighted-average price July 8: $2.46 per share
Weighted-average price July 7: $2.48 per share
+5 more
8 metrics
Total shares bought
57,210 shares
Open-market purchases on July 6–8, 2026
Weighted-average price July 8
$2.46 per share
Common stock open-market purchase
Weighted-average price July 7
$2.48 per share
Common stock open-market purchase
Weighted-average price July 6
$2.49 per share
Common stock open-market purchase
Indirect holdings after July 8
2,698,518 shares
Total Boundless Bio common stock indirectly owned
TCP beneficial ownership
618,407 shares
Tang Capital Partners, LP beneficially owns these shares
TCPI beneficial ownership
843,301 shares
Tang Capital Partners International, LP beneficially owns these shares
TCP III/IV holdings
618,403 & 618,407 shares
Tang Capital Partners III, Inc. and IV, Inc. beneficially own these shares
Key Terms
open-market purchase, weighted-average prices, beneficially owns, pecuniary interest, +1 more
5 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted-average prices financial
"The prices reported are weighted-average prices. These shares were purchased"
beneficially owns financial
"Tang Capital Partners, LP ("TCP") beneficially owns 618,407 shares"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
pecuniary interest financial
"Mr. Tang has a pecuniary interest in the shares beneficially held"
indirect ownership financial
"total_shares_following_transaction ... ownership_type: indirect"
FAQ
What insider activity did Boundless Bio (BOLD) report in this Form 4?
Boundless Bio reported that entities associated with Tang Capital Partners bought 57,210 shares of common stock in open-market transactions. These purchases occurred over three days, increasing their reported indirect position in the company to 2,698,518 shares held through limited partnership structures.
Who is the reporting person in the Boundless Bio (BOLD) Form 4 filing?
The Form 4 lists Kevin Tang and Tang Capital Management LLC as reporting persons, each identified as a ten percent owner. Footnotes explain that several Tang Capital funds beneficially own the shares and that Kevin Tang has a pecuniary interest through his roles with these investment entities.
What is the total Boundless Bio (BOLD) stake after these insider purchases?
After these transactions, the reporting parties show indirect ownership of 2,698,518 Boundless Bio common shares. The ownership is held through Tang Capital limited partnerships and related entities, with Kevin Tang having a pecuniary interest as manager or director of those investment vehicles.
How are the Boundless Bio (BOLD) insider purchases held, direct or indirect?
The Form 4 classifies all reported transactions as indirect ownership, noted as "By LP." Footnotes detail that Tang Capital Partners, related international and corporate entities hold the shares, and Kevin Tang’s interest arises through his roles with these funds rather than direct personal share ownership.
Over what dates did the Boundless Bio (BOLD) insider purchases occur?
The open-market purchases took place on July 6, July 7, and July 8, 2026. Each day’s transaction is reported separately with its own share count, weighted-average purchase price, and updated total number of Boundless Bio shares indirectly owned following that day’s activity.