Curis 13G: Stonepine reports 4.03M shares (9.9%)
CURIS INC filed a Schedule 13G reporting a shared beneficial ownership position of 4,025,992 shares, equal to 9.9% of the outstanding common stock.
Rhea-AI Filing Summary
CURIS INC filed a Schedule 13G reporting a shared beneficial ownership position of 4,025,992 shares, equal to 9.9% of the outstanding common stock. The reporting persons are Stonepine Capital Management, LLC; Stonepine Capital, L.P.; Stonepine GP, LLC; and Jon M. Plexico, filing jointly.
The filing states the calculation is based on 39,978,693 shares outstanding as of March 20, 2026. It also discloses warrants to acquire 10,000,002 shares that are subject to a 9.99% beneficial ownership limitation. Voting and dispositive power are reported as shared for the 4,025,992 shares; sole voting/dispositive power is reported as 0 for each reporting person.
Positive
- None.
Negative
- None.
Insights
Stonepine reports a near-10% shared stake with warrants limited to 9.99%.
The filing shows 4,025,992 shares of shared beneficial ownership and references warrants for 10,000,002 shares subject to a 9.99% ownership cap. This structure indicates the reported percentage reflects the exercise limit rather than unconstrained conversion.
Future disclosures may clarify whether warrant exercises or further conversions will be pursued; any changes would be visible in subsequent ownership amendments or Form 4/5 filings.
Filing signals a meaningful passive position by an investment vehicle rather than an individual controlling block.
The Partnership holds the shares for investors; the filing notes the Partnership "has the right to receive or the power to direct the receipt of dividends" for holdings above 5%. Reported shared voting/dispositive power is 4,025,992 across the named entities.
Stake size and warrant mechanics are the principal items to watch in follow-up filings for potential conversion, sales, or changes in voting power.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Stonepine report in CURIS (CRIS)?
Does the filing include convertible instruments or warrants?
Who are the reporting persons on the Schedule 13G?
How was the percent ownership calculated?
Does Stonepine report sole voting or dispositive power?
AI-generated analysis. How Rhea-AI works. Not financial advice.