Octagon fund discloses 955,000-share Corbus (CRBP) ownership stake
Rhea-AI Filing Summary
Octagon Capital Advisors LP, Octagon Investments Master Fund LP, and Ting Jia report a 5.4% beneficial ownership stake in Corbus Pharmaceuticals Holdings, Inc. common stock, representing 955,000 shares. The shares are held by Octagon Investments Master Fund, with Octagon as investment manager and Jia as control person.
The reporting persons share voting and dispositive power over all 955,000 shares and certify that the position was acquired and is held in the ordinary course of business, not for the purpose of changing or influencing control of Corbus Pharmaceuticals.
Positive
- None.
Negative
- None.
FAQ
What stake in Corbus Pharmaceuticals (CRBP) is reported in this Schedule 13G/A?
The filing reports beneficial ownership of 955,000 Corbus Pharmaceuticals common shares, equal to 5.4% of the outstanding class. The percentage is based on 17,553,037 common shares outstanding as of November 7, 2025, as disclosed in Corbus’s Form 10-Q.
Who are the reporting persons in the Corbus Pharmaceuticals (CRBP) Schedule 13G/A?
The reporting persons are Octagon Capital Advisors LP, Octagon Investments Master Fund LP, and Ting Jia. Octagon is the investment manager of the Master Fund, and Jia is Octagon’s managing member and principal beneficial owner, giving them shared beneficial ownership over the reported shares.
How is voting and dispositive power over CRBP shares allocated among the reporting persons?
The filing states zero sole voting and dispositive power and 955,000 shares of shared voting and shared dispositive power. This means decisions to vote or sell the Corbus common shares are shared among the reporting persons rather than controlled individually.
On what basis is the 5.4% ownership in Corbus Pharmaceuticals (CRBP) calculated?
The 5.4% ownership figure is calculated using 17,553,037 Corbus common shares outstanding as of November 7, 2025. That outstanding share count comes from Corbus Pharmaceuticals’ Form 10-Q filed on November 12, 2025, which the reporting persons reference.
What does the certification in this Corbus (CRBP) Schedule 13G/A say about control intentions?
The certification states the securities were acquired and are held in the ordinary course of business and not for changing or influencing control of Corbus. It also confirms they are not held in connection with any transaction having that control-related purpose or effect.
Who ultimately benefits from the CRBP shares held by Octagon Investments Master Fund?
The filing explains that the Master Fund holds the Corbus common shares for the benefit of its investors. Octagon, as investment adviser, and the Master Fund have the right to receive, or direct the receipt of, dividends and sale proceeds from these shares for those investors.