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Faeth Therapeutics (FTH) investor group reports 0% ownership in amended 13G

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

Rhea-AI Filing Summary

Faeth Therapeutics, Inc. received an amended ownership report from StemPoint Capital LP, StemPoint Capital Management GP LLC, and Michelle Ross. These reporting persons now state they beneficially own 0 shares of Faeth Therapeutics common stock, representing 0.0% of the class.

The percentage is calculated using 25,778,754 shares of common stock reported as issued and outstanding as of June 15, 2026. The amendment confirms they have no sole or shared voting or dispositive power over any shares and that they hold 5 percent or less of the class under Schedule 13G rules.

Positive

  • None.

Negative

  • None.
Beneficial ownership 0 shares Common Stock, $0.0001 par value per share
Ownership percentage 0.0% Percent of Faeth Therapeutics common stock class
Shares outstanding 25,778,754 shares Issued and outstanding as of June 15, 2026, per Form 8-K
beneficial owner financial
"Each Reporting Person may be deemed to be the beneficial owner of 0 shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
dispositive power financial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G regulatory
"Ownership of 5 percent or less of a class "
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Joint Filing Agreement regulatory
"Exhibit Information JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)"

FAQ

What does this Schedule 13G/A mean for Faeth Therapeutics (FTH)?

The amendment reports that StemPoint Capital LP, StemPoint Capital Management GP LLC, and Michelle Ross now beneficially own 0 shares of Faeth Therapeutics common stock, representing 0.0% of the class, indicating they are no longer significant shareholders under 13G thresholds.

How many Faeth Therapeutics (FTH) shares are outstanding in this filing?

The reporting persons calculate their ownership based on 25,778,754 shares of Faeth Therapeutics common stock, reported as issued and outstanding as of June 15, 2026 in a Form 8-K filed on June 18, 2026.

Who are the reporting persons in this Faeth Therapeutics (FTH) Schedule 13G/A?

The filing is jointly submitted by StemPoint Capital LP, StemPoint Capital Management GP LLC, and Michelle Ross, collectively referred to as the reporting persons, with a business address at 520 Madison Avenue, 19th Floor, New York, NY 10022.

What voting and dispositive power do the reporting persons hold over Faeth Therapeutics (FTH) shares?

Each reporting person reports 0 sole voting power, 0 shared voting power, 0 sole dispositive power, and 0 shared dispositive power, confirming they do not control voting or disposition of any Faeth Therapeutics common shares.

Why does the Faeth Therapeutics (FTH) filing reference ownership of 5 percent or less?

Item 5 states the reporting persons’ ownership of 5 percent or less of the class. With beneficial ownership at 0.0%, they fall below the 5% threshold that typically triggers more substantial Schedule 13D or 13G reporting obligations.

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

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Learn about SEC filing dates





81728A207

(CUSIP Number)
06/30/2026

(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




Comment for Type of Reporting Person: StemPoint Capital Management GP LLC is a limited liability company.


SCHEDULE 13G





SCHEDULE 13G



StemPoint Capital LP
Signature:/s/ Sean C. Tan
Name/Title:Sean C. Tan, Authorized Signatory
Date:08/14/2026
StemPoint Capital Management GP LLC
Signature:/s/ Sean C. Tan
Name/Title:Sean C. Tan, Authorized Signatory
Date:08/14/2026
Michelle Ross
Signature:/s/ Michelle Ross
Name/Title:Michelle Ross
Date:08/14/2026
Exhibit Information

JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)