D.E. Shaw discloses 8.3% Gossamer Bio (GOSS) ownership stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
D. E. Shaw–affiliated entities report an 8.3% beneficial stake in Gossamer Bio, Inc. common stock. The group may be deemed to beneficially own 40,630,726 Common Shares out of 488,846,722 shares outstanding as of June 5, 2026.
Valence holds 38,362,468 shares, or about 7.8% of the class. Cogence holds 1,878,827 shares, or about 0.4%, and funds under DESIM management hold 389,431 shares, or about 0.1%, including 1,200 shares in DSIF. Various D. E. Shaw entities have shared voting and dispositive power, while none owns shares directly and David E. Shaw disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Key Figures
Total beneficial ownership: 40,630,726 Common Shares
Shares outstanding: 488,846,722 Common Shares
Valence holding: 38,362,468 Common Shares
+5 more
8 metrics
Total beneficial ownership
40,630,726 Common Shares
Beneficially owned by D. E. Shaw–affiliated entities; 8.3% of class
Shares outstanding
488,846,722 Common Shares
Issued and outstanding as of June 5, 2026
Valence holding
38,362,468 Common Shares
Beneficially owned by Valence; about 7.8% of class
Cogence holding
1,878,827 Common Shares
Beneficially owned by Cogence; about 0.4% of class
DESIM funds holding
389,431 Common Shares
Under DESIM management, including 1,200 DSIF shares; about 0.1% of class
Aggregate percentage
8.3% of outstanding shares
Common Shares over which Dr. Shaw may be deemed to share power
Valence percentage
7.8% of outstanding shares
Portion of Gossamer Bio owned through Valence
DESCO LLC aggregate power
40,242,495 Common Shares
Shares over which DESCO LLC may share voting and dispositive power
Key Terms
beneficially owned, shared power to vote or direct the vote, Schedule 13D, Transaction Support Agreement, +2 more
6 terms
beneficially owned financial
"The 38,362,468 Common Shares beneficially owned by Valence (the "Valence Shares") represent approximately 7.8% of the outstanding 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.
Schedule 13D regulatory
"Item 5(a) of the Initial is hereby amended and restated as follows:"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Transaction Support Agreement financial
"Exhibit 99.5 - Transaction Support Agreement with the Issuer, dated May 18, 2026, incorporated by reference..."
A transaction support agreement is a contract among the parties involved in a pending deal that spells out who must do what, who bears which risks, and how any problems discovered before or after closing will be handled. Think of it as a moving checklist and shared rulebook that helps the deal finish smoothly. Investors care because its terms affect the likelihood and timing of closing, potential costs or liabilities after the deal, and the value or dilution of their holdings.
Senior Secured First Lien Convertible Notes due 2030 financial
"Exhibit 99.7 - Indenture governing Senior Secured First Lien Convertible Notes due 2030, incorporated by reference..."
Purchase Warrant Agreement financial
"Exhibit 99.8 - Purchase Warrant Agreement, dated June 4, 2026, incorporated by reference herein..."
FAQ
What stake in Gossamer Bio (GOSS) do D. E. Shaw entities report?
D. E. Shaw–related entities report beneficial ownership of 40,630,726 Gossamer Bio Common Shares, representing about 8.3% of the outstanding stock. This ownership is held through Valence, Cogence, and funds managed by DESIM rather than directly by the parent entities.
What percentage of Gossamer Bio (GOSS) does Valence alone beneficially own?
Valence beneficially owns 38,362,468 Gossamer Bio Common Shares, representing approximately 7.8% of the outstanding stock. Valence has power to vote and dispose of these shares, separate from the additional holdings managed by Cogence and DESIM.