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Ikarian Capital (GRTX) reports 0% beneficial ownership of Galera Therapeutics in 13G/A amendment

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

Rhea-AI Filing Summary

Ikarian Capital, LLC and Neil Shahrestani filed Amendment No. 1 to a Schedule 13G regarding Galera Therapeutics, Inc. common stock. The amendment reports that the Reporting Persons now have beneficial ownership of 0.00 shares and 0% of the class, with no sole or shared voting or dispositive power over any Galera Therapeutics shares.

The filing explains that a fund and certain separately managed accounts advised by Ikarian Capital are the record owners of the securities previously covered, and details how investment discretion is exercised. Each party, including the fund and the managed accounts, disclaims beneficial ownership of the other’s shares and also disclaims being part of a group for purposes of Section 13(d) or 13(g).

Positive

  • None.

Negative

  • None.
Beneficial ownership 0.00 shares Amount beneficially owned by the Reporting Persons per Item 9
Percent of class 0% Percent of Galera Therapeutics common stock reported in Item 11
Sole Voting Power 0.00 shares Shares over which the Reporting Persons have sole power to vote
Shared Voting Power 0.00 shares Shares over which the Reporting Persons have shared power to vote
Sole Dispositive Power 0.00 shares Shares over which the Reporting Persons have sole dispositive power
Shared Dispositive Power 0.00 shares Shares over which the Reporting Persons have shared dispositive power
beneficial ownership regulatory
"may be deemed to have beneficial ownership of the securities covered by this statement"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Managed Accounts financial
"certain separately managed accounts managed by Ikarian Capital (collectively, the "Managed Accounts")"
Managed accounts are collections of investments owned by an individual or institution but run day-to-day by a professional who buys, sells and allocates assets according to an agreed plan. They matter to investors because they provide tailored oversight, active risk control and potential tax efficiency—like hiring a personal chef to manage your diet—while fees and the manager’s skill directly affect returns.
Investment Advisers Act of 1940 regulatory
"Ikarian Capital is an investment adviser registered under the Investment Advisers Act of 1940"
A U.S. federal law that sets rules for people and firms who give investment advice, requiring them to register with regulators, be honest about conflicts, keep records, and follow basic standards of care. It matters to investors because those rules act like licensing and consumer protections — similar to having safety standards for a mechanic — helping ensure advisers act in clients’ financial interests and reducing the risk of fraud or misuse of funds.
dispositive power regulatory
"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 13(d) or 13(g) regulatory
"for the purposes of Section 13(d) or 13(g) of the Act or any other purpose"

FAQ

What does the Schedule 13G/A filing report for Galera Therapeutics (GRTX)?

The amendment reports that Ikarian Capital, LLC and Neil Shahrestani now have beneficial ownership of 0.00 shares of Galera Therapeutics common stock, representing 0% of the class, with no voting or dispositive power over any shares.

Who are the reporting persons in the Galera Therapeutics (GRTX) Schedule 13G/A?

The reporting persons are Ikarian Capital, LLC, a Delaware investment adviser, and Neil Shahrestani. They file jointly and explain that a fund and separately managed accounts advised by Ikarian Capital are the record owners of the securities referenced.

What is Ikarian Capital’s current voting power over Galera Therapeutics (GRTX) shares?

Ikarian Capital reports 0.00 shares with sole voting power and 0.00 shares with shared voting power in Galera Therapeutics, and similarly 0.00 shares for both sole and shared dispositive power, indicating no current voting or disposition authority.

What ownership percentage do the reporting persons show in Galera Therapeutics (GRTX)?

The Schedule 13G/A states that the reporting persons beneficially own 0% of the class of Galera Therapeutics common stock, corresponding to 0.00 shares reported in Item 9 on the cover pages.

Do Ikarian Capital and Neil Shahrestani admit to being part of a group in Galera Therapeutics (GRTX)?

No. While they acknowledge they may be deemed members of a group under Section 13(d) or 13(g), each reporting person expressly disclaims being part of any group or acting together with others regarding Galera Therapeutics securities.

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

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Learn about SEC filing dates





36338D108

(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





SCHEDULE 13G



Ikarian Capital, LLC
Signature:/s/ Neil Shahrestani
Name/Title:Neil Shahrestani, Sole Manager
Date:08/14/2026
Neil Shahrestani
Signature:/s/ Neil Shahrestani
Name/Title:Neil Shahrestani
Date:08/14/2026
Exhibit Information

A Joint Filing Agreement is incorporated herein by reference to Exhibit 99.1 to the Schedule 13G filed on February 14, 2025 by the Reporting Persons with the SEC.