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Alyeska discloses 6.33M-share stake in Immunic (NASDAQ: IMUX)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Immunic, Inc. reports that Alyeska-affiliated reporting persons beneficially own 6,332,000 shares of Common Stock, representing 4.85% of the class. The stake, reported as of March 31, 2026, includes 4,041,000 shares issuable upon exercise of warrants and 2,291,000 shares issuable upon exercise of pre-funded warrants. The filing shows shared voting and dispositive power over the 6,332,000 shares. The number of shares outstanding is listed as 130,464,825 per the Form S-3 dated April 2, 2026.

Positive

  • None.

Negative

  • None.

Insights

Alyeska reports a 4.85% beneficial position in Immunic as of March 31, 2026.

The filing states the reporting persons beneficially own 6,332,000 shares, comprised of 4,041,000 warrants and 2,291,000 pre-funded warrants. Voting and dispositive power over these shares is reported as shared; the filing attributes investment control to Alyeska as manager of the fund.

Holdings are shown against a disclosed share base of 130,464,825 shares from a Form S-3 dated April 2, 2026. This is a passive ownership disclosure under the Schedule 13G/A framework; any trading intentions or timing are not stated in the provided excerpt.

Beneficially owned shares 6,332,000 shares ownership reported as of March 31, 2026
Percent of class 4.85% calculated using 130,464,825 shares outstanding (Form S-3 dated April 2, 2026)
Warrants issuable 4,041,000 shares issuable upon exercise of warrants
Pre-funded warrants issuable 2,291,000 shares issuable upon exercise of pre-funded warrants
Shares outstanding (reference) 130,464,825 shares per Form S-3 dated April 2, 2026
pre-funded warrants financial
"consisting of (i) 4,041,000 shares issuable upon exercise of warrants and (ii) 2,291,000 shares issuable upon exercise of pre-funded warrants"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
shared dispositive power regulatory
"Shared Dispositive Power 6,332,000.00"
Schedule 13G/A regulatory
"FORM TYPE: SCHEDULE 13G/A (Amendment No. 3)"
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.





4525EP101

(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:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Alyeska Investment Group, L.P.
Signature:Jason Bragg
Name/Title:Jason Bragg | Chief Financial Officer
Date:05/15/2026
Alyeska Fund GP, LLC
Signature:Jason Bragg
Name/Title:Jason Bragg | Chief Financial Officer
Date:05/15/2026
Anand Parekh
Signature:Anand Parekh
Name/Title:Anand Parekh | Self
Date:05/15/2026
Exhibit Information

As of March 31, 2026, the Reporting Persons beneficially own 6,332,000 shares of Common Stock, consisting of (i) 4,041,000 shares issuable upon exercise of warrants and (ii) 2,291,000 shares issuable upon exercise of pre-funded warrants. The number of shares of Common Stock outstanding (130,464,825) is based on the Form S-3 dated April 2, 2026. Position held by Alyeska Master Fund, L.P. Alyeska Investment Group, L.P., as investment manager, exercises voting and investment control over the shares held by Alyeska Master Fund, L.P. Anand Parekh, as Chief Executive Officer of Alyeska Investment Group, L.P., may be deemed the beneficial owner of such shares. Mr. Parekh disclaims beneficial ownership of such shares. JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on SCHEDULE 13G/A, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on SCHEDULE 13G/A, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

FAQ

What stake does Alyeska hold in Immunic (IMUX)?

Alyeska-affiliated reporting persons beneficially own 6,332,000 shares, equal to 4.85% of the class as of March 31, 2026. The position combines warrants and pre-funded warrants convertible into common stock.

How is the 6,332,000-share position composed for IMUX?

The disclosed position consists of 4,041,000 shares issuable upon exercise of warrants and 2,291,000 shares issuable upon exercise of pre-funded warrants, as stated in the filing dated March 31, 2026.

Does Alyeska have voting or dispositive power over these IMUX shares?

The filing reports shared voting power and shared dispositive power over the 6,332,000 shares. Alyeska Investment Group, L.P. is identified as exercising voting and investment control for the related fund.

What is the reference share count for Immunic used in the filing?

The filing cites a total common share count of 130,464,825 based on a Form S-3 dated April 2, 2026. That figure is used to calculate the reported 4.85% ownership percentage.