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Invus-group and Avicenna report 6.7% and 1.1% stakes in enGene (ENGN)

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

Rhea-AI Filing Summary

enGene Therapeutics Inc. holders led by Invus-related entities and Avicenna reported beneficial ownership positions in an amended Schedule 13G/A. As of March 31, 2026, Invus Public Equities directly held 4,513,228 shares and Avicenna Life Sci Master Fund directly held 739,931 shares. The filing states percentages based on 66,989,466 Shares outstanding as of March 3, 2026, with Invus Public Equities and related reporting persons shown at 6.7% and Mr. Raymond Debbane shown at 7.8%.

The cover and Item 4 describe control relationships among Invus Public Equities, Invus PE Advisors, Invus Global Management, Siren, Avicenna GP, Ulys and Mr. Debbane; each reporting person certifies the holdings were not acquired to change control. Signatures are dated May 5, 2026.

Positive

  • None.

Negative

  • None.

Insights

Large passive stakes disclosed by Invus and Avicenna; control chain is documented.

The filing lists direct holdings of 4,513,228 shares (Invus Public Equities) and 739,931 shares (Avicenna Fund) as of March 31, 2026, and ties beneficial ownership up through affiliated adviser and management entities. Percentages use an explicit outstanding share base of 66,989,466.

These positions are reported as passive under the certification language. Subsequent filings would be needed to show any active changes in voting or disposition authority or any sales/purchases after the stated date.

Invus Public Equities holdings 4,513,228 shares Directly held as of March 31, 2026
Avicenna Life Sci Master Fund holdings 739,931 shares Directly held as of March 31, 2026
Shares outstanding used for % calc 66,989,466 Shares Outstanding as of March 3, 2026 (Form 10-Q disclosure)
Invus-reported percentage 6.7% Percent of class for Invus-related reporting persons
Raymond Debbane reported percentage 7.8% Percent of class shown for Mr. Debbane on cover page
Schedule 13G/A regulatory
"Amendment No. 1 ) enGene Therapeutics Inc. Common Shares"
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 regulatory
"As of March 31, 2026, Invus Public Equities directly held 4,513,228 common shares"
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.
sole dispositive power financial
"7 | Sole Dispositive Power 4,513,228.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
shares outstanding financial
"based on 66,989,466 Shares outstanding as of March 3, 2026"
Shares outstanding are the total number of a company’s stock units held by all shareholders, including institutional investors and company insiders — think of them as the total number of slices of the company’s ownership pie. Investors use this number to calculate how much of the company each share represents, and it directly affects per-share measures like earnings per share, ownership percentage and valuation; when the slice count changes, an investor’s claim and the company’s per-share metrics change too.

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

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FAQ

What stake does Invus Public Equities hold in enGene (ENGN)?

Invus Public Equities directly holds 4,513,228 shares as of March 31, 2026. That position is reported as 6.7% of the class using 66,989,466 shares outstanding as of March 3, 2026.

How much does Avicenna Life Sci Master Fund own in ENGN?

Avicenna Life Sci Master Fund directly holds 739,931 shares as of March 31, 2026. That stake is reported as 1.1% of the class using the filing's outstanding share figure.

What outstanding share count did the filing use to calculate percentages?

The filing uses 66,989,466 Shares outstanding as of March 3, 2026, based on information the issuer provided in its Form 10-Q referenced in the Schedule 13G/A.

Who signs the Schedule 13G/A for these reporting persons?

Raymond Debbane signed on behalf of the Invus-related entities and Avicenna GP and also signed personally; signature dates are May 5, 2026 as shown in the filing.

Does the filing state these holdings aim to change control of enGene?

No. Each reporting person certifies the securities "were not acquired and are not held for the purpose of or with the effect of changing or influencing the control" of the issuer, per the Item 10 certification language.





29286X101

(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:


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SCHEDULE 13G



Invus Public Equities, L.P.
Signature:/s/ Raymond Debbane
Name/Title:Raymond Debbane, President of Invus Public Equities Advisors, LLC, its general partner
Date:05/05/2026
Invus Public Equities Advisors, LLC
Signature:/s/ Raymond Debbane
Name/Title:Raymond Debbane, President
Date:05/05/2026
Invus Global Management, LLC
Signature:/s/ Raymond Debbane
Name/Title:Raymond Debbane, President
Date:05/05/2026
Siren, L.L.C.
Signature:/s/ Raymond Debbane
Name/Title:Raymond Debbane, President
Date:05/05/2026
Avicenna Life Sci Master Fund LP
Signature:/s/ Raymond Debbane
Name/Title:Raymond Debbane, Chief Executive Officer of Avicenna Life Sci Master GP LLC, its general partner
Date:05/05/2026
Avicenna Life Sci Master GP LLC
Signature:/s/ Raymond Debbane
Name/Title:Raymond Debbane, Chief Executive Officer
Date:05/05/2026
Ulys, L.L.C.
Signature:/s/ Raymond Debbane
Name/Title:Raymond Debbane, President
Date:05/05/2026
Raymond Debbane
Signature:/s/ Raymond Debbane
Name/Title:Raymond Debbane
Date:05/05/2026