Lynx1 discloses 4.1% Precision BioSciences (DTIL) stake in Schedule 13G/A
Rhea-AI Filing Summary
Lynx1 Capital Management LP and Weston Nichols report beneficial ownership of 993,913 shares of Precision BioSciences, Inc. common stock, equal to 4.1% of the class as of the calculation date. They hold shared voting and dispositive power over all reported shares, with no sole authority.
The ownership percentage is based on 24,071,751 shares of common stock outstanding, combining 10,815,000 shares issued in a recent offering with 13,256,751 shares outstanding as of October 29, 2025. The reporting persons certify the position is not held to change or influence control of the company.
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FAQ
What ownership stake in Precision BioSciences (DTIL) does Lynx1 report?
Lynx1 Capital Management LP and Weston Nichols report beneficial ownership of 993,913 Precision BioSciences shares, representing 4.1% of the outstanding common stock. This reflects a significant but sub‑5% institutional position in the company’s equity.
How is the 4.1% Precision BioSciences (DTIL) ownership percentage calculated?
The 4.1% figure is based on 24,071,751 Precision BioSciences common shares outstanding. This total combines 10,815,000 shares issued in an offering and 13,256,751 shares outstanding as of October 29, 2025, as disclosed in company filings.
Who are the reporting persons in this Precision BioSciences (DTIL) Schedule 13G/A?
The filing identifies Lynx1 Capital Management LP, a Delaware investment manager, and Weston Nichols, its control person, as reporting persons. They report beneficial ownership of the same 993,913 Precision BioSciences common shares through the Lynx1 Master Fund LP.
Is Lynx1’s Precision BioSciences (DTIL) position intended to influence control of the company?
The certification states the securities were not acquired and are not held to change or influence control of Precision BioSciences. They are not held in connection with any control-related transaction, other than activities tied to a nomination under specified proxy rules.
What type of security in Precision BioSciences (DTIL) does Lynx1 own?
Lynx1 reports ownership of common stock of Precision BioSciences with a par value of $0.000005 per share. The filing specifies the relevant CUSIP number 74019P207 to identify the exact class of securities covered.