Empery Asset Management (DTIL) caps Precision BioSciences stake at 4.99% with warrant blocker
Rhea-AI Filing Summary
Empery Asset Management, LP and Ryan M. Lane report beneficial ownership of 1,314,393 shares of Precision BioSciences, Inc. common stock, including 538,300 shares issuable upon exercise of warrants. This represents 4.99% of the common stock, based on 25,802,247 shares outstanding as of April 30, 2026.
The warrants contain a 4.99% beneficial ownership blocker, so the holders cannot exercise them to the extent their ownership would exceed 4.99% of the outstanding shares. Voting and dispositive power over these shares is shared, with no sole power reported. The filing confirms ownership of 5 percent or less of the class.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 1,314,393 shares
Shares underlying warrants: 538,300 shares
Ownership percentage: 4.99%
+3 more
6 metrics
Beneficially owned shares
1,314,393 shares
Common Stock beneficially owned by the Reporting Persons, including shares underlying warrants
Shares underlying warrants
538,300 shares
Common Stock issuable upon exercise of warrants held by funds managed by Empery
Ownership percentage
4.99%
Percent of Precision BioSciences Common Stock class beneficially owned by the Reporting Persons
Shares outstanding baseline
25,802,247 shares
Common Stock outstanding as of April 30, 2026, from the company’s Form 10-Q
Sole voting power
0 shares
Number of shares over which each Reporting Person has sole voting power
Shared voting power
1,314,393 shares
Number of shares over which each Reporting Person has shared voting power
Key Terms
beneficial owner, Blocker, shared dispositive power, beneficial ownership of 5 percent or less of a class
4 terms
beneficial owner financial
"may be deemed to be the beneficial owner of all of the Common Stock"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Blocker financial
"cannot exercise the Warrants to the extent the Reporting Persons would beneficially own, after any such exercise, more than 4.99% of the outstanding shares of Common Stock (the "Blocker")"
beneficial ownership of 5 percent or less of a class financial
"Item 5. | Ownership of 5 Percent or Less of a Class. | Ownership of 5 percent or less of a class"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is the warrant position disclosed in the Precision BioSciences (DTIL) Schedule 13G/A amendment?
The filing states that the reporting persons’ stake includes 538,300 shares of Precision BioSciences common stock issuable upon exercise of warrants. These warrants are subject to a 4.99% Blocker that prevents exercises pushing ownership above 4.99% of outstanding shares.
Do Empery Asset Management and Ryan M. Lane control voting and dispositive power over DTIL shares?
They report 0 sole voting and dispositive power and 1,314,393 shared voting and dispositive power over Precision BioSciences shares. The investment manager and related entities may be deemed beneficial owners but include standard beneficial ownership disclaimer language.
What does the Schedule 13G/A say about owning 5 percent or less of Precision BioSciences (DTIL)?
The filing expressly states Ownership of 5 percent or less of a class for Precision BioSciences common stock. This aligns with the reported 4.99% beneficial ownership, reflecting the impact of the 4.99% Blocker on warrant exercisability.