Korro Bio holder NEA 17 buys shares and warrants
New Enterprise Associates 17, L.P., a 10% owner of Korro Bio, Inc., bought additional securities in the company.
Rhea-AI Filing Summary
New Enterprise Associates 17, L.P., a 10% owner of Korro Bio, Inc., bought additional securities in the company. On March 10, 2026, it acquired 207,100 shares of Common Stock at $11.11 per share and 242,945 Pre-Funded Warrants at $11.109 per warrant pursuant to a Subscription Agreement dated March 9, 2026.
The Pre-Funded Warrants are exercisable at $0.001 per share at any time after issuance but include a beneficial ownership cap that generally limits the holder to 9.99% of Korro Bio’s outstanding Common Stock, which can be adjusted up to 19.99% with 61 days’ prior notice.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Pre-Funded Warrants | 242,945 | $11.109 | $2.70M |
| Purchase | Common Stock | 207,100 | $11.11 | $2.30M |
Footnotes (3)
- F1. Acquired from the Issuer on March 10, 2026 pursuant to a Subscription Agreement dated March 9, 2026.
- F2. The securities are directly held by New Enterprise Associates 17, L.P. ("NEA 17") and are indirectly held by NEA Partners 17, L.P. ("NEA Partners 17"), the sole general partner of NEA 17, NEA 17 GP, LLC ("NEA 17 GP"), the sole general partner of NEA Partners 17, and the individual managers of NEA 17 GP (NEA Partners 17, NEA 17 GP and the individual managers of NEA 17 GP (collectively, the "Managers") together, the "Indirect Reporting Persons"). The Mangers are Forest Baskett, Ali Behbahani, Carmen Chang, Anthony Florence, Jr., Mohamad Makhzoumi, Edward Mathers, Scott Sandell, Paul Walker and Rick Yang. The Indirect Reporting Persons disclaim beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 17 in which the Indirect Reporting Persons have no pecuniary interest.
- F3. The Pre-Funded Warrants are exercisable at any time after their issuance; provided, however, that the Pre-Funded Warrants may not be exercised to the extent such exercise would cause the number of shares of the Issuer's Common Stock owned by the holder (together with its affiliates and certain other related parties) to exceed 9.99% of the total number of shares of the Issuer's Common Stock immediately after giving effect to such exercise, which percentage may be increased or decreased at the option of the holder upon 61 days' prior notice to the Issuer, not to exceed 19.99%.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did KRRO’s major holder report on this Form 4?
At what prices did New Enterprise Associates 17, L.P. buy Korro Bio (KRRO) securities?
How are the Pre-Funded Warrants for Korro Bio (KRRO) structured for this insider?
What ownership limits apply to the Pre-Funded Warrants in the KRRO Form 4 filing?
Were Korro Bio (KRRO) securities in this Form 4 bought on the market or directly from the company?
AI-generated analysis. How Rhea-AI works. Not financial advice.