Deep Track entities disclose 3.01% stake in Definium Therapeutics (DFTX)
Rhea-AI Filing Summary
Definium Therapeutics, Inc. is the subject of a Schedule 13G/A reporting that Deep Track Capital, LP; Deep Track Biotechnology Master Fund, Ltd.; and David Kroin beneficially own 3,000,000 common shares, representing 3.01% of the class as of March 31, 2026. The filing states the outstanding share base used for the calculation was 99,698,129 common shares as of February 19, 2026, cited from the issuer's Form 10-K. The filing is a joint statement signed by David Kroin on behalf of the reporting persons and clarifies that Deep Track Capital, LP is the relevant entity for which Kroin may be considered a control person.
Positive
- None.
Negative
- None.
Insights
Minor passive stake disclosed by Deep Track entities and an individual director.
The filing lists a 3.01% beneficial ownership position represented as 3,000,000 shares with shared voting and dispositive power. The position is reported on a Schedule 13G/A, which is consistent with passive investment reporting standards when ownership is below typical control thresholds.
Timing and disclosures to note: the ownership amount is stated as of March 31, 2026 while the outstanding base is sourced from a February 19, 2026 figure in the issuer's 10-K. Subsequent amendments or sales by the holders would require new filings.
This is an informational disclosure about a sub-5% passive holding; it does not signal immediate corporate action.
The joint filing emphasizes shared voting and dispositive power of 3,000,000 shares and includes a joint filing statement under Rule 13d-1(k). It identifies Deep Track Capital, LP as the primary entity for control-person characterization.
For stakeholders, the relevant items are the 3.01% stake and the cited outstanding share count of 99,698,129; these anchor the ownership percentage calculation used in public records.