Rock Springs Group Files 13G/A for INZY Reporting Zero Beneficial Ownership
Rhea-AI Filing Summary
Inozyme Pharma, Inc. has a Schedule 13G/A filed on behalf of a reporting group that includes Rock Springs Capital Management LP, Rock Springs Capital LLC, Rock Springs Capital Master Fund LP, Mark Bussard and Kris Jenner. The filing identifies the reporting structure: Rock Springs Capital Management LP acts as investment manager, Rock Springs Capital LLC is the general partner, and Mark Bussard and Kris Jenner each own 50% of the management company.
The filing discloses an aggregate beneficial ownership of 0 shares, representing 0% of the class; sole and shared voting and dispositive powers are all reported as 0. Signatories certify the securities were not acquired to change or influence control, and a joint filing statement commits the parties to file amendments on behalf of all undersigned.
Positive
- Explicit identification of reporting persons and their relationships, including investment manager and general partner roles.
- Clear disclosure that aggregate beneficial ownership is 0 shares (0%) and that voting and dispositive powers are reported as 0.
- Joint filing statement and certification commit the undersigned to file future amendments and attest to intent.
Negative
- No material holdings disclosed, so the filing contains no investor-impacting position.
- Four Pines Master Fund LP is referenced as holding shares in Item 2 but there is no separate reporting entry for Four Pines in the schedules provided.
Insights
TL;DR: The Rock Springs group reports no beneficial stake in INZY, so there is no immediate financial or control impact.
The filing documents the identities and relationships among fund entities and individuals but reports 0 shares and 0% ownership, with no voting or dispositive power. From a market-impact perspective, this disclosure is procedural and provides transparency about who would file future amendments, but it does not reflect an economic position that would affect valuation or control.
TL;DR: Joint filing and certification are in order; reported ownership and voting power are nil, so governance influence is absent.
The document clearly lists the reporting persons and their internal relationships, including the 50/50 ownership of the management company by Mark Bussard and Kris Jenner, and contains a joint filing agreement and certification stating no intent to influence control. Because the reported beneficial ownership and all voting/dispositive powers are 0, there is no change to issuer governance from these filings.