[SCHEDULE 13D/A] Elevation Oncology, Inc. Common stock SEC Filing
BML Investment Partners, L.P. has filed Amendment No. 1 to Schedule 13D regarding its prior position in Elevation Oncology, Inc. (ELEV). The filing states that, as of 23 July 2025, a Merger Agreement was consummated through a tender offer by an unaffiliated “Merger Sub” that purchased all outstanding shares of Elevation Oncology common stock. Following the closing, BML Investment Partners reports 0 shares beneficially owned, representing 0 % of the class.
• Voting and dispositive power: 0 shares sole or shared.
• Source of funds: “WC” (working capital) is listed, but no new capital was deployed as the position has been exited.
• No contracts, arrangements, or legal proceedings related to the securities are disclosed, and the reporting persons confirm no criminal or civil violations within the past five years.
The amendment principally serves to formally terminate BML’s reporting obligations by documenting its complete divestiture after the successful tender offer.
- Tender offer closed, indicating transaction completion and cash liquidity for former ELEV shareholders.
- Reporting person now holds 0 % of ELEV, reflecting total exit and eliminating this investor’s oversight or support.
Insights
TL;DR: BML exits ELEV post-merger; ownership now 0 %, signalling deal completion.
The amendment confirms that a full tender offer closed on 23 Jul 2025, removing Elevation Oncology’s public float. BML’s stake is now zero, ending its influence and reporting duties. For investors, the key takeaway is that the acquisition process has settled, likely leading to cash-out of former minority holders or a transition to a new corporate structure (private or combined entity). Absent price terms, the filing is informational rather than valuation-changing. Overall impact on remaining public shareholders is neutral, but it marks a liquidity event.