Lynx1 Capital Management (IBIO) corrects 5.4% iBio stake including 2.8M warrant shares
Rhea-AI Filing Summary
Lynx1 Capital Management LP and Weston Nichols report beneficial ownership of iBio, Inc. common stock through Series F warrants held by Lynx1 Master Fund LP. They report beneficial ownership of 2,807,016 shares of common stock issuable upon exercise of these warrants, which are subject to a 9.99% Blocker limiting exercisability. Based on 49,678,561 shares of common stock outstanding as of May 12, 2026, and assuming exercise of the warrants, this represents 5.4% of the class. The filers note that a prior Schedule 13G filed on February 17, 2026 inadvertently excluded these warrants from their reported beneficial ownership.
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Key Figures
Beneficially owned shares: 2,807,016 shares
Percent of class: 5.4%
Shares outstanding: 49,678,561 shares
+1 more
4 metrics
Beneficially owned shares
2,807,016 shares
Shares of common stock issuable upon exercise of Series F warrants reported by the Reporting Persons
Percent of class
5.4%
Beneficial ownership of iBio common stock based on 49,678,561 shares outstanding as of May 12, 2026
Shares outstanding
49,678,561 shares
iBio common stock outstanding as of May 12, 2026 used to calculate ownership percentage
Beneficial ownership limiter
9.99%
Ownership cap in the 9.99% Blocker governing exercisability of the Series F warrants
Key Terms
beneficial ownership, Series F warrants, 9.99% Blocker, Schedule 13G, +1 more
5 terms
beneficial ownership regulatory
"for the purposes of Section 13 of the Securities Exchange Act of 1934, the beneficial owner of the securities"
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.
Series F warrants financial
"Includes 2,807,016 shares of Common Stock issuable upon the exercise of Series F warrants"
Series F warrants are a specific tranche of warrants issued by a company that give the holder the right to buy a set number of common shares at a predetermined price before the warrants expire; the “Series F” label distinguishes this issuance from other warrant tranches. They matter to investors because if holders exercise them the company’s share count increases, which can change ownership percentages and affect per-share value—similar to more people entering a venue and reducing each person’s share of the seats.
9.99% Blocker financial
"Series F warrants (the "Warrants"), which are subject to a 9.99% blocker (the "9.99% Blocker")"
Schedule 13G regulatory
"The Reporting Person's previous Schedule G filing on February 17, 2026 inadvertently excluded these Warrants"
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.
FAQ
What ownership stake in iBio (IBIO) does Lynx1 Capital Management report?
Lynx1 Capital Management and Weston Nichols report beneficial ownership of 5.4% of iBio’s common stock, based on 49,678,561 shares outstanding as of May 12, 2026 and assuming exercise of their warrants.
What is the significance of the 9.99% Blocker in the iBio (IBIO) filing?
The 9.99% Blocker limits exercise of Lynx1’s Series F warrants so that their beneficial ownership of iBio common stock does not exceed 9.99%, constraining how many warrant shares can be exercised at any time.
Why did Lynx1 amend its Schedule 13G for iBio (IBIO)?
Lynx1 Capital Management and Weston Nichols disclose that their February 17, 2026 Schedule 13G inadvertently excluded the Series F warrants, and this filing corrects their reported beneficial ownership to include 2,807,016 warrant shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.