Deerfield group discloses 2.88% Cogent Biosciences (COGT) position in amended 13G
Rhea-AI Filing Summary
Cogent Biosciences, Inc. reports that a group of Deerfield entities and James E. Flynn have filed an amended Schedule 13G reflecting their current ownership of Cogent common stock. Deerfield Mgmt, L.P., Deerfield Management Company, L.P., Deerfield Partners, L.P. and James E. Flynn each report beneficial ownership of 5,006,104 shares of common stock, representing 2.88% of the outstanding class. Voting and dispositive authority over these shares is reported on a shared basis among the reporting persons, and they state that they now hold 5 percent or less of this class of securities.
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Key Figures
Shares beneficially owned: 5,006,104 shares
Percent of class: 2.88%
Shared voting power: 5,006,104 shares
+2 more
5 metrics
Shares beneficially owned
5,006,104 shares
Common stock of Cogent Biosciences reported by each Deerfield entity and James E. Flynn
Percent of class
2.88%
Beneficial ownership percentage of Cogent Biosciences common stock for each reporting person
Shared voting power
5,006,104 shares
Number of Cogent Biosciences shares over which each reporting person has shared power to vote
Shared dispositive power
5,006,104 shares
Number of Cogent Biosciences shares over which each reporting person has shared power to dispose
Ownership threshold status
5 percent or less
Item 5 disclosure that the group owns 5 percent or less of the class
Key Terms
beneficially owned, shared power to vote, shared power to dispose, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: Deerfield Mgmt, L.P. - 5,006,104 shares"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Schedule 13G regulatory
"If a group has filed this schedule pursuant to 1(c) or 1(d), attach an exhibit"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
joint filing agreement regulatory
"Exhibit A. Joint Filing Agreement."
FAQ
What stake in Cogent Biosciences (COGT) is reported in this Schedule 13G/A?
The filing reports beneficial ownership of 5,006,104 Cogent Biosciences common shares, representing 2.88% of the outstanding class. This ownership is reported jointly by Deerfield entities and James E. Flynn.
Who are the reporting persons in the Cogent Biosciences (COGT) Schedule 13G/A?
The reporting persons are Deerfield Mgmt, L.P., Deerfield Management Company, L.P., Deerfield Partners, L.P. and James E. Flynn. They file jointly with shared voting and dispositive power over the reported shares.
What percentage of Cogent Biosciences (COGT) does Deerfield report owning?
Each reporting person discloses beneficial ownership of 2.88% of Cogent Biosciences’ common stock. The filing also notes that they own 5 percent or less of this class of securities.
Where are the Deerfield reporting persons in the Cogent Biosciences (COGT) filing organized?
Deerfield Mgmt, L.P., Deerfield Management Company, L.P. and Deerfield Partners, L.P. are Delaware limited partnerships, while James E. Flynn is a United States citizen, as disclosed in the filing.
What does Item 5 indicate about Deerfield’s ownership in Cogent Biosciences (COGT)?
Item 5 states that the reporting persons hold 5 percent or less of Cogent Biosciences’ common stock. Consistent with this, they report a current beneficial ownership level of 2.88% of the class.
AI-generated analysis. How Rhea-AI works. Not financial advice.