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Korro Bio: Atlas Venture Fund XI proposes $795K sale

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Form Type
144

Rhea-AI Filing Summary

Korro Bio, Inc. (KRRO) shareholder Atlas Venture Fund XI, L.P. reported a proposed sale of 55,201 common shares, with an aggregate market value of $795,446.41. The approximate sale date is November 12, 2026. The notice lists April 8, 2026, as the plan adoption or instruction date for reliance on Rule 10b5-1.

Proposed shares for sale 55,201 common shares Atlas Venture Fund XI, L.P.; approximate sale date November 12, 2026.
Aggregate market value $795,446.41 Proposed sale by Atlas Venture Fund XI, L.P.
Rule 10b5-1 regulatory
"If Relying on Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Private Placement financial
"Nature of Acquisition Transaction: Private Placement"
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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many KRRO shares does Atlas Venture Fund XI propose to sell?

Atlas Venture Fund XI, L.P. proposes to sell 55,201 common shares, with an aggregate market value of $795,446.41.

Which broker is listed for the KRRO proposed sale?

Merrill Lynch is named as the broker for the proposed sale.

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

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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