Korro Bio (NASDAQ: KRRO) venture backer lines up more stock sales
Rhea-AI Filing Summary
Korro Bio, Inc. (KRRO) is the issuer of common stock for which Atlas Venture Opportunity Fund II, L.P. has filed a notice of proposed resale under Rule 144. The fund indicates an intention to sell 4,884 shares of Korro Bio common stock through Merrill Lynch on Nasdaq.
The shares to be sold were originally acquired on April 22, 2024 in a private placement for cash. The notice also lists multiple Korro Bio share sales during the past three months by Atlas Venture Fund XI, L.P. and Atlas Venture Opportunity Fund II, L.P., with individual transactions ranging from hundreds to over one hundred thousand shares.
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Key Figures
Shares proposed to be sold: 4,884 shares
Market value of shares proposed: $64,566.48
Acquisition date of shares to be sold: 04/22/2024
+4 more
7 metrics
Shares proposed to be sold
4,884 shares
Korro Bio common stock listed in the securities information section
Market value of shares proposed
$64,566.48
Associated with the 4,884 Korro Bio shares in the Form 144 table
Acquisition date of shares to be sold
04/22/2024
Date the 4,884 shares were acquired in a private placement for cash
Largest recent single sale by related fund
101,579 shares
Korro Bio common stock sale by Atlas Venture Fund XI, L.P. on 06/23/2026
Dollar amount for 101,579‑share sale
$1,447,785.17
Listed for the 06/23/2026 Korro Bio share sale by Atlas Venture Fund XI, L.P.
Second large related-fund sale
85,955 shares
Korro Bio common stock sale by Atlas Venture Fund XI, L.P. on 07/02/2026
Dollar amount for 85,955‑share sale
$1,206,249.49
Listed for the 07/02/2026 Korro Bio share sale by Atlas Venture Fund XI, L.P.
Key Terms
Rule 144, private placement, Merrill Lynch, Nasdaq
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
private placement financial
"Common Stock | 04/22/2024 | Private Placement | Issuer"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
Merrill Lynch financial
"Common Stock | Merrill Lynch 555 California Street 18th Floor"
Nasdaq financial
"| 14725646 | 08/19/2026 | Nasdaq"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.
FAQ
What does the Form 144 filing mean for Korro Bio (KRRO)?
The filing shows a shareholder, Atlas Venture Opportunity Fund II, L.P., plans to sell 4,884 shares of Korro Bio common stock under Rule 144. This is a planned resale by an existing holder, not a new share issuance by Korro Bio.
AI-generated analysis. How Rhea-AI works. Not financial advice.