Foresite group reports 0% stake in CASI Pharma
CASI Pharmaceuticals’ large shareholder group reports owning no shares.
Rhea-AI Filing Summary
CASI Pharmaceuticals’ large shareholder group reports owning no shares. Foresite Capital Fund VI LP, Foresite Capital Management VI LLC and James Tananbaum each report beneficial ownership of 0 ordinary shares of CASI Pharmaceuticals, representing 0 % of the class as of 12/31/2025.
Each reporting person discloses no sole or shared voting or dispositive power over CASI ordinary shares. They also certify that the securities referenced were not acquired or held to change or influence control of CASI Pharmaceuticals.
Positive
- None.
Negative
- None.
Insights
Key institutional holder now reports zero CASI shares and no voting power.
The reporting group of Foresite Capital Fund VI LP, its management entity and James Tananbaum now disclose beneficial ownership of 0 CASI Pharmaceuticals ordinary shares, equal to 0 % of the class as of 12/31/2025. They also report no sole or shared voting or dispositive power.
This represents a complete exit from reportable ownership levels by a previously disclosable holder, which can alter the company’s shareholder mix and reduce one source of potential long-term support. Actual market impact depends on how and when these holdings were reduced, which this disclosure does not detail.
The group certifies that the securities were not acquired or held to change or influence control, aligning with a passive ownership posture. Subsequent company filings may provide additional context on ownership changes if other investors cross key reporting thresholds.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the CASI (CASI) Schedule 13G/A Amendment No. 3 disclose?
Who are the reporting persons in the CASI (CASI) Schedule 13G/A filing?
What does ‘ownership of 5 percent or less’ mean in the CASI (CASI) filing?
Do the Foresite entities or James Tananbaum seek to influence control of CASI Pharmaceuticals?
Where are CASI Pharmaceuticals and the reporting persons based in this 13G/A?
AI-generated analysis. How Rhea-AI works. Not financial advice.