STOCK TITAN

Polar Capital (ELVN) discloses 5.07M shares, 8.47% stake in ENLIVEN

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Polar Capital group reports holding 5,065,933 shares (Common Stock) of ENLIVEN THERAPEUTICS, INC. The filing amends a prior Schedule 13G and states this equals 8.47% of the class based on 60,904,946 shares outstanding as of May 7, 2026.

The disclosure lists Polar Capital Holdings Plc, Polar Capital LLP and Polar Capital Funds PLC - Biotechnology Fund as joint filers, with sole voting and dispositive power over the reported shares. The amendment is signed by Nicholas Farren, Chief Operating Officer, on behalf of the reporting entities.

Positive

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Negative

  • None.

Insights

Large passive stake disclosed: 5,065,933 shares, 8.47% ownership.

The Schedule 13G/A amendment records an 8.47% beneficial ownership position held jointly by Polar Capital-related entities. The filing attributes sole voting and dispositive power of 5,065,933 shares to the reporting persons and references May 7, 2026 for the outstanding share base.

Because this is a 13G-style disclosure, it indicates an institutional investor position rather than an active takeover bid. Subsequent filings would show any change in ownership or voting intent.

Joint filing and signature structure aligns with Rule 13d-1(k) joint filing mechanics.

The exhibit includes a Joint Filing Statement under Rule 13d-1(k), confirming the three Polar Capital entities are filing jointly and accept responsibility for amendments. The signature block shows Nicholas Farren signing as Chief Operating Officer for each entity.

Investors can treat this as an institutional disclosure of beneficial ownership; any change in intent would require an updated Schedule 13D/A or 13G/A amendment.

Beneficial ownership 5,065,933 shares Amount beneficially owned reported in Schedule 13G/A
Percent of class 8.47% Percent of class based on outstanding shares
Shares outstanding 60,904,946 shares Shares outstanding as reported in issuer's Form 10-Q on May 7, 2026
Schedule 13G/A regulatory
"The filing is titled SCHEDULE 13G/A and amends a prior statement"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficially owned financial
"Item 4. Ownership (a) Amount beneficially owned: 5,065,933"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Joint Filing Statement regulatory
"Exhibit I JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k)"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake does Polar Capital report in ENLIVEN THERAPEUTICS (ELVN)?

Polar Capital reports beneficial ownership of 5,065,933 shares, equal to 8.47% of the class. This percentage is calculated using 60,904,946 shares outstanding as of May 7, 2026, as cited in the filing.

Which Polar Capital entities filed the Schedule 13G/A for ELVN?

The filing lists Polar Capital Holdings Plc, Polar Capital LLP, and Polar Capital Funds PLC - Biotechnology Fund as joint filers. The exhibit includes a joint filing statement under Rule 13d-1(k) signed by Nicholas Farren.

Does the filing indicate who controls voting and disposition of the shares?

Yes. The Schedule shows the reporting persons have sole voting power and sole dispositive power over 5,065,933 shares. Shared voting and dispositive powers are reported as 0 in the amendment.

What is the filing date and who signed the amendment for ELVN?

The amendment is signed by Nicholas Farren, Chief Operating Officer, on behalf of the reporting entities. The signature date shown in the extract is 05/15/2026 on the amendment cover pages.

Is this Schedule 13G/A indicative of an activist intent by Polar Capital?

A Schedule 13G/A typically indicates an institutional passive investor disclosure rather than activist intent. The document includes a joint filing statement; no language in the excerpt asserts a change in voting intent or activist objectives.





29337E102

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Polar Capital Holdings Plc
Signature:/s/ Nicholas Farren
Name/Title:Nicholas Farren - Chief Operating Officer
Date:05/15/2026
Polar Capital LLP
Signature:/s/ Nicholas Farren
Name/Title:Nicholas Farren - Chief Operating Officer
Date:05/15/2026
Polar Capital Funds PLC - Biotechnology Fund
Signature:/s/ Nicholas Farren
Name/Title:Nicholas Farren - Chief Operating Officer
Date:05/15/2026
Exhibit Information

Exhibit I JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on SCHEDULE 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on SCHEDULE 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Polar Capital Holdings PLC By: /s/ Nicholas Farren Name: Nicholas Farren Title: Chief Operating Officer Polar Capital LLP By: /s/ Nicholas Farren Name: Nicholas Farren Title: Chief Operating Officer Polar Capital Funds PLC - Biotechnology Fund By: /s/ Nicholas Farren Name: Nicholas Farren Title: Chief Operating Officer