OrbiMed holds 2.1% passive stake in CytomX (CTMX)
Rhea-AI Filing Summary
OrbiMed Advisors LLC reports beneficial ownership of 3,525,650 shares of CytomX Therapeutics, Inc. common stock, representing 2.1% of the class as of 12/31/2025. OrbiMed has shared voting and dispositive power over these shares, which it holds on behalf of other persons entitled to dividends and sale proceeds.
The filing notes this is ownership of 5 percent or less of CytomX’s common stock. OrbiMed states the securities are not held for the purpose of changing or influencing control of CytomX, and its management committee members each disclaim beneficial ownership of the reported shares.
Positive
- None.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of CytomX (CTMX) does OrbiMed Advisors LLC report owning?
OrbiMed Advisors LLC reports beneficially owning 2.1% of CytomX common stock. This equates to 3,525,650 shares as of December 31, 2025, placing OrbiMed below the 5% threshold that typically signals a larger, potentially more influential stake.
Is OrbiMed Advisors LLC’s CytomX (CTMX) stake intended to influence company control?
No. OrbiMed certifies the CytomX shares were not acquired and are not held to change or influence control of the company. The position is reported on a passive basis under Schedule 13G/A, rather than as an activist or control-seeking stake.
What key date applies to OrbiMed Advisors LLC’s CytomX (CTMX) ownership report?
The relevant event date for OrbiMed’s CytomX ownership is December 31, 2025. As of that date, OrbiMed reports beneficial ownership of 3,525,650 shares, or 2.1% of the outstanding common stock, under this amended Schedule 13G filing.