[SCHEDULE 13D/A] CAMP4 Therapeutics Corporation SEC Filing
Camp4 Therapeutics amended a Schedule 13D to report participation by Polaris-related investors in a private placement and updated beneficial ownership figures. PP VII and PEF VII purchased 1,221,721 and 85,468 shares, respectively, at $1.53 per share on September 11, 2025, for aggregate amounts of $1,869,233.13 and $130,766.04.
The Purchase Agreement contemplates an Initial Closing issuing 26,681,053 shares and pre-funded warrants for 6,003,758 shares at $1.53 per share (pre-funded warrants at $1.5299). Management subscribed for additional small tranches at $1.65 per share, producing approximately $50.1 million of gross proceeds at the Initial Closing before fees. A Second Closing could issue up to 32,721,172 more shares/pre-funded warrants if a CTA milestone is met and either a $7.50 VWAP threshold is achieved or investors holding a majority waive the price condition. A Registration Rights Agreement obligates the issuer to register the resale of the issued shares and underlying warrant shares.
Camp4 Therapeutics ha modificato un Schedule 13D per riportare la partecipazione di investitori legati a Polaris in un private placement e ha aggiornato le cifre di proprietà beneficiaria. PP VII e PEF VII hanno acquistato rispettivamente 1.221.721 e 85.468 azioni al prezzo di 1,53 dollari per azione il 11 settembre 2025, per importi complessivi di 1.869.233,13 dollari e 130.766,04 dollari.
L'Accordo di Acquisto prevede una chiusura iniziale che emetterà 26.681.053 azioni e warrant pre-finanziati per 6.003.758 azioni a 1,53 dollari per azione (warrant pre-finanziati a 1,5299). Il management ha sottoscritto ulteriori piccole tranche a 1,65 dollari per azione, generando circa 50,1 milioni di dollari di proventi lordi alla Chiusura Iniziale prima delle commissioni. Una Seconda Chiusura potrebbe emettere fino a ulteriori 32.721.172 azioni/warrant pre-finanziati se viene raggiunto un traguardo CTA e se viene raggiunta o superata una soglia VWAP di 7,50 dollari o se gli investitori che detengono una maggioranza rinunciano al requisito del prezzo. Un Accordo sui Diritti di Registrazione obbliga l'emittente a registrare la rivendita delle azioni emesse e delle azioni warrant sottostanti.
Camp4 Therapeutics enmendó un Schedule 13D para reportar la participación de inversores vinculados a Polaris en una colocación privada y actualizó las cifras de propiedad beneficiaria. PP VII y PEF VII compraron 1.221.721 y 85.468 acciones, respectivamente, a 1,53 dólares por acción el 11 de septiembre de 2025, por montos agregados de 1.869.233,13 dólares y 130.766,04 dólares.
El Acuerdo de Compra contempla un Cierre Inicial que emitirá 26.681.053 acciones y warrants prefinanciados por 6.003.758 acciones a 1,53 dólares por acción (warrants prefinanciados a 1,5299). La dirección suscribió tramos adicionales pequeños a 1,65 dólares por acción, lo que genera aproximadamente 50,1 millones de dólares de ingresos brutos en el Cierre Inicial antes de comisiones. Un Cierre Secundario podría emitir hasta 32.721.172 acciones/warrants prefinanciados adicionales si se alcanza un hito de CTA y se alcanza o supera un umbral VWAP de 7,50 dólares o si los inversores que detentan la mayoría renuncian al requisito de precio. Un Acuerdo de Derechos de Registro obliga al emisor a registrar la reventa de las acciones emitidas y las acciones de warrant subyacentes.
Camp4 Therapeutics는 Polaris 관련 투자자들의 비공개 배정 참여를 보고하기 위해 Schedule 13D를 수정했고, 실질적 소유 지분 수치를 업데이트했습니다. PP VII 및 PEF VII는 각각 1,221,721주와 85,468주를 2025년 9월 11일 주당 1.53달러에 매입했고 총 액수는 1,869,233.13달러와 130,766.04달러입니다.
매수계약은 초기 클로징에서 26,681,053주와 6,003,758주에 대한 프리펀딩 워런트를 주당 1.53달러(프리펀딩 워런트는 1.5299달러)로 발행하는 것을 예정합니다. 경영진은 추가 소액 트랜치들을 주당 1.65달러에 매입하여 초기 클로징 시 수수료 전의 총 약 5010만 달러의 총수익을 창출합니다. 제2 클로징은 CTA 이정표가 달성되고 7.50달러 VWAP 임계치를 달성하거나 다수의 투자자가 가격 조건을 포기하면 최대 32,721,172주 추가 주식/프리펀딩 워런트를 발행할 수 있습니다. 등록권리계약은 발행인이 발행된 주식 및 기초 워런트의 재매각을 등록하도록 의무를 부여합니다.
Camp4 Therapeutics a modifié un Schedule 13D pour rendre compte de la participation des investisseurs liés à Polaris dans une placement privé et a mis à jour les chiffres de propriété bénéficiaire. PP VII et PEF VII ont acheté respectivement 1 221 721 et 85 468 actions, à 1,53 $ par action le 11 septembre 2025, pour des montants au total de 1 869 233,13 $ et 130 766,04 $.
L'Accord d'Achat prévoit une clôture initiale émettant 26 681 053 actions et des warrants pré-financés pour 6 003 758 actions à 1,53 $ par action (warrants pré-financés à 1,5299 $). La direction a souscrit des tranches supplémentaires à 1,65 $ par action, générant environ 50,1 millions de dollars de produits bruts à la Clôture Initiale avant les frais. Une Deuxième Clôture pourrait émettre jusqu'à 32 721 172 actions/warrants pré-financés supplémentaires si un jalon CTA est atteint et si le seuil VWAP de 7,50 $ est atteint ou si les investisseurs détenant une majorité renoncent à la condition de prix. Un Accord sur les Droits d'Enregistrement oblige l'émetteur à enregistrer la revente des actions émises et des actions sous-jacentes des warrants.
Camp4 Therapeutics hat ein Schedule 13D geändert, um die Beteiligung von Polaris-bezogenen Investoren an einer Privatplatzierung zu melden, und aktualisierte die Zahlen zum beherrschenden Eigentum. PP VII und PEF VII kauften jeweils 1.221.721 bzw. 85.468 Aktien zum Preis von 1,53 USD pro Aktie am 11. September 2025, insgesamt 1.869.233,13 USD bzw. 130.766,04 USD.
Der Purchase Agreement sieht einen Initial Closing vor, das 26.681.053 Aktien und vorfinanzierte Warrants für 6.003.758 Aktien zu 1,53 USD pro Aktie (vorfinanzierte Warrants zu 1,5299 USD) ausgibt. Das Management zeichnete zusätzliche kleine Tranchen zu 1,65 USD pro Aktie, wodurch bei dem Initial Closing ungefähr 50,1 Millionen USD brutto erlöst werden. Ein Second Closing könnte bis zu weiteren 32.721.172 Aktien/Vor-finanzierte Warrants ausgeben, falls eine CTA-Meilenstein erreicht wird und entweder eine VWAP-Schwelle von 7,50 USD erreicht wird oder Investoren, die eine Mehrheit halten, die Preisbedingung verzichten. Ein Registrationsrechtsvertrag verpflichtet den Emittenten, den Wiederverkauf der ausgegebenen Aktien und der darunter liegenden Warrants zu registrieren.
Camp4 Therapeutics عدّلت Schedule 13D للإبلاغ عن مشاركة مستثمرين مرتبطين بـ Polaris في تخصيص خاص وتحديث أرقام الملكية المستفيدة. اشترى PP VII و PEF VII 1,221,721 و85,468 سهماً، على التوالي، بسعر 1.53 دولار للسهم في 11 سبتمبر 2025، بإجمالي مبالغ قدرها 1,869,233.13 دولار و130,766.04 دولار.
يتضمن اتفاق الشراء إغلاقاً ابتدائياً يصدر 26,681,053 سهماً ومراكز اشتراك مسبقة بواقع 6,003,758 أسهم بأسهم بقيمة 1.53 دولار للسهم (المصاغ بالأسهم المسبقة بـ1.5299 دولار). اشترك الإدارة في شرائح إضافية صغيرة بسعر 1.65 دولار للسهم، موفراً تقريباً 50.1 مليون دولار من العوائد الإجمالية عند الإغلاق الابتدائي قبل الرسوم. يمكن لإغلاق ثانٍ إصدار ما يصل إلى 32,721,172 سهماً/مشتريات مبدئية إضافية إذا تم تحقيق milestone CTA وبلغت إما عتبة VWAP قدرها 7.50 دولار أو إذا تنازل المستثمرون الذين يحملون غالبية عن شرط السعر. يتوجب بموجب اتفاق حقوق التسجيل على الجهة المصدرة تسجيل إعادة بيع الأسهم المصدرة والأسهم المرتبطة بالأسهم المشتقة.
Camp4 Therapeutics 修改了 Schedule 13D,以报告 Polaris 相关投资者在私募中的参与,并更新了受益所有权数字。PP VII 和 PEF VII 分别在2025年9月11日以每股1.53美元购买了1,221,721股和85,468股,总金额分别为1,869,233.13美元和130,766.04美元。
购买协议设定初始交割将发行26,681,053股和用于6,003,758股的前渡认股权证,价格为每股1.53美元(前渡认股权证价格为1.5299美元)。管理层以每股1.65美元认购了额外的小批次,在初始交割时产生约5010万美元的毛收入,扣除费用前。若达到CTA里程碑且达到或达到7.50美元的VWAP门槛,或多数投资者放弃价格条件,则第二次交割可以再发行多达32,721,172股/前渡认股权证。注册权利协议要求发行人注册已发行股份及其基础认股权证的转售。
- Immediate capital raised: Approximate gross proceeds of $50.1 million at the Initial Closing before fees
- Investor commitment: Significant issuance and investor participation via the Purchase Agreement and pre-funded warrants indicate financing support
- Registration rights: A Registration Rights Agreement obligates the issuer to register resale of the issued shares and warrant shares, improving liquidity for investors
- Potential dilution: The Second Closing could issue up to 32,721,172 additional shares or pre-funded warrants, materially increasing outstanding shares
- High price hurdle: Automatic Second Closing requires a VWAP of $7.50, which may limit immediate additional financing absent investor waivers
- Concentrated shared voting power: Board-affiliated parties (including Amir Nashat) are disclosed as sharing voting and dispositive power over multiple pooled holdings, representing potential control concentration
Insights
TL;DR: Private placement raises immediate capital but creates potential dilution; second closing is milestone- and price-dependent.
The Initial Closing supplies near-term financing of roughly $50.1 million in gross proceeds and shows investor support at $1.53 per share with some management participation at $1.65. The conditional Second Closing could substantially increase share count by up to 32.7 million shares or equivalent pre-funded warrants, which is material relative to the reported 46.9 million share pro forma base used to calculate percentages. The $7.50 VWAP hurdle materially limits automatic dilution from the Second Closing absent investor waiver. These are capital-raising and dilution mechanics; no earnings or operational performance metrics are provided in this amendment.
TL;DR: Board-affiliated investors hold meaningful shared voting power; registration rights and investor agreements shape resale and control dynamics.
The filing discloses that managing members and a director (Amir Nashat) may be deemed to share voting and dispositive power across several Polaris entities, with Nashat-associated holdings totaling 3,932,251 shares (8.4% of the class on the pro forma base). The Purchase Agreement and Registration Rights Agreement create contractual obligations that affect future liquidity and shareholder composition. The right of investors to waive the price threshold for the Second Closing centralizes significant decision authority among participating investors and could change ownership concentration depending on waivers exercised.
Camp4 Therapeutics ha modificato un Schedule 13D per riportare la partecipazione di investitori legati a Polaris in un private placement e ha aggiornato le cifre di proprietà beneficiaria. PP VII e PEF VII hanno acquistato rispettivamente 1.221.721 e 85.468 azioni al prezzo di 1,53 dollari per azione il 11 settembre 2025, per importi complessivi di 1.869.233,13 dollari e 130.766,04 dollari.
L'Accordo di Acquisto prevede una chiusura iniziale che emetterà 26.681.053 azioni e warrant pre-finanziati per 6.003.758 azioni a 1,53 dollari per azione (warrant pre-finanziati a 1,5299). Il management ha sottoscritto ulteriori piccole tranche a 1,65 dollari per azione, generando circa 50,1 milioni di dollari di proventi lordi alla Chiusura Iniziale prima delle commissioni. Una Seconda Chiusura potrebbe emettere fino a ulteriori 32.721.172 azioni/warrant pre-finanziati se viene raggiunto un traguardo CTA e se viene raggiunta o superata una soglia VWAP di 7,50 dollari o se gli investitori che detengono una maggioranza rinunciano al requisito del prezzo. Un Accordo sui Diritti di Registrazione obbliga l'emittente a registrare la rivendita delle azioni emesse e delle azioni warrant sottostanti.
Camp4 Therapeutics enmendó un Schedule 13D para reportar la participación de inversores vinculados a Polaris en una colocación privada y actualizó las cifras de propiedad beneficiaria. PP VII y PEF VII compraron 1.221.721 y 85.468 acciones, respectivamente, a 1,53 dólares por acción el 11 de septiembre de 2025, por montos agregados de 1.869.233,13 dólares y 130.766,04 dólares.
El Acuerdo de Compra contempla un Cierre Inicial que emitirá 26.681.053 acciones y warrants prefinanciados por 6.003.758 acciones a 1,53 dólares por acción (warrants prefinanciados a 1,5299). La dirección suscribió tramos adicionales pequeños a 1,65 dólares por acción, lo que genera aproximadamente 50,1 millones de dólares de ingresos brutos en el Cierre Inicial antes de comisiones. Un Cierre Secundario podría emitir hasta 32.721.172 acciones/warrants prefinanciados adicionales si se alcanza un hito de CTA y se alcanza o supera un umbral VWAP de 7,50 dólares o si los inversores que detentan la mayoría renuncian al requisito de precio. Un Acuerdo de Derechos de Registro obliga al emisor a registrar la reventa de las acciones emitidas y las acciones de warrant subyacentes.
Camp4 Therapeutics는 Polaris 관련 투자자들의 비공개 배정 참여를 보고하기 위해 Schedule 13D를 수정했고, 실질적 소유 지분 수치를 업데이트했습니다. PP VII 및 PEF VII는 각각 1,221,721주와 85,468주를 2025년 9월 11일 주당 1.53달러에 매입했고 총 액수는 1,869,233.13달러와 130,766.04달러입니다.
매수계약은 초기 클로징에서 26,681,053주와 6,003,758주에 대한 프리펀딩 워런트를 주당 1.53달러(프리펀딩 워런트는 1.5299달러)로 발행하는 것을 예정합니다. 경영진은 추가 소액 트랜치들을 주당 1.65달러에 매입하여 초기 클로징 시 수수료 전의 총 약 5010만 달러의 총수익을 창출합니다. 제2 클로징은 CTA 이정표가 달성되고 7.50달러 VWAP 임계치를 달성하거나 다수의 투자자가 가격 조건을 포기하면 최대 32,721,172주 추가 주식/프리펀딩 워런트를 발행할 수 있습니다. 등록권리계약은 발행인이 발행된 주식 및 기초 워런트의 재매각을 등록하도록 의무를 부여합니다.
Camp4 Therapeutics a modifié un Schedule 13D pour rendre compte de la participation des investisseurs liés à Polaris dans une placement privé et a mis à jour les chiffres de propriété bénéficiaire. PP VII et PEF VII ont acheté respectivement 1 221 721 et 85 468 actions, à 1,53 $ par action le 11 septembre 2025, pour des montants au total de 1 869 233,13 $ et 130 766,04 $.
L'Accord d'Achat prévoit une clôture initiale émettant 26 681 053 actions et des warrants pré-financés pour 6 003 758 actions à 1,53 $ par action (warrants pré-financés à 1,5299 $). La direction a souscrit des tranches supplémentaires à 1,65 $ par action, générant environ 50,1 millions de dollars de produits bruts à la Clôture Initiale avant les frais. Une Deuxième Clôture pourrait émettre jusqu'à 32 721 172 actions/warrants pré-financés supplémentaires si un jalon CTA est atteint et si le seuil VWAP de 7,50 $ est atteint ou si les investisseurs détenant une majorité renoncent à la condition de prix. Un Accord sur les Droits d'Enregistrement oblige l'émetteur à enregistrer la revente des actions émises et des actions sous-jacentes des warrants.
Camp4 Therapeutics hat ein Schedule 13D geändert, um die Beteiligung von Polaris-bezogenen Investoren an einer Privatplatzierung zu melden, und aktualisierte die Zahlen zum beherrschenden Eigentum. PP VII und PEF VII kauften jeweils 1.221.721 bzw. 85.468 Aktien zum Preis von 1,53 USD pro Aktie am 11. September 2025, insgesamt 1.869.233,13 USD bzw. 130.766,04 USD.
Der Purchase Agreement sieht einen Initial Closing vor, das 26.681.053 Aktien und vorfinanzierte Warrants für 6.003.758 Aktien zu 1,53 USD pro Aktie (vorfinanzierte Warrants zu 1,5299 USD) ausgibt. Das Management zeichnete zusätzliche kleine Tranchen zu 1,65 USD pro Aktie, wodurch bei dem Initial Closing ungefähr 50,1 Millionen USD brutto erlöst werden. Ein Second Closing könnte bis zu weiteren 32.721.172 Aktien/Vor-finanzierte Warrants ausgeben, falls eine CTA-Meilenstein erreicht wird und entweder eine VWAP-Schwelle von 7,50 USD erreicht wird oder Investoren, die eine Mehrheit halten, die Preisbedingung verzichten. Ein Registrationsrechtsvertrag verpflichtet den Emittenten, den Wiederverkauf der ausgegebenen Aktien und der darunter liegenden Warrants zu registrieren.