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[SCHEDULE 13D/A] Elevation Oncology, Inc. Common stock SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary

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.

Positive
  • Tender offer closed, indicating transaction completion and cash liquidity for former ELEV shareholders.
Negative
  • 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.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D


BML Investment Partners, L.P.
Signature:Braden M Leonard
Name/Title:Braden M Leonard - Managing Member of BML Capital Management, LLC
Date:07/28/2025

FAQ

What did BML Investment Partners report in the Schedule 13D/A for ELEV?

It reported 0 shares beneficially owned, or 0 % of Elevation Oncology's common stock.

Why was the Schedule 13D amended?

To reflect BML’s complete divestiture after the tender offer closed on 23 Jul 2025.

What event triggered the filing?

Completion of a Merger Agreement and tender offer that acquired all outstanding ELEV shares.

Does BML have any voting or dispositive power left in ELEV?

No. Both voting and dispositive power are zero following the transaction.

Are there any ongoing contracts or arrangements between BML and Elevation Oncology?

The filing states there are no contracts, arrangements, or understandings regarding ELEV securities.
Elevation Oncolo

NASDAQ:ELEV

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21.63M
53.04M
0.36%
59.73%
3.51%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
BOSTON