[SCHEDULE 13G/A] Korsana Biosciences, Inc. Amended Passive Investment Disclosure
Korsana Biosciences: J. Wood reports 0.1% stake
Korsana Biosciences, Inc.'s ownership amendment reports that J. Wood Capital Advisors LLC held of record 25,974 shares of common stock as of September 30, 2026; Jason Wood, its managing member, may be deemed to share beneficial ownership.
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Korsana Biosciences, Inc.'s ownership amendment reports that J. Wood Capital Advisors LLC held of record 25,974 shares of common stock as of September 30, 2026; Jason Wood, its managing member, may be deemed to share beneficial ownership. Each reporting person reported 0.1% of the class and shared voting and dispositive power over 25,974 shares. The ownership calculation uses 45,541,425 shares outstanding as of September 8, 2026.
Key Figures
Beneficially owned:25,974 sharesPercent of class:0.1%Shared voting power:25,974 shares+2 more
5 metrics
Beneficially owned25,974 sharesReported as of September 30, 2026
Percent of class0.1%Reported by each reporting person
Shared voting power25,974 sharesReported for each reporting person
Shared dispositive power25,974 sharesReported for each reporting person
Shares outstanding45,541,425 sharesAs of September 8, 2026
Key Terms
beneficial ownership, record holder, Shared Voting Power, Shared Dispositive Power
4 terms
beneficial ownershipregulatory
"may be deemed to share beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
record holderregulatory
"J. Wood Capital Advisors LLC is the record holder"
A record holder is the person or institution officially listed in a company’s books as the owner of shares, bonds or other securities on a specific date. Think of it like the name on the registration of a car: being the record holder determines who is eligible for dividends, voting at meetings, or other shareholder rights. Investors care because actions tied to a set date apply only to those recorded as owners.
Shared Voting Powerregulatory
"Shared Voting Power 25,974.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Shared Dispositive Powerregulatory
"Shared Dispositive Power 25,974.00"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many shares did KRSA's reporting persons report owning?
J. Wood Capital Advisors LLC and Jason Wood each reported beneficial ownership of 25,974 shares, representing 0.1% of the class. The adviser is the record holder, and Jason Wood may be deemed to share beneficial ownership as its managing member.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Korsana Biosciences, Inc.
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
23255M303
(CUSIP Number)
09/30/2026
(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
CUSIP Number(s):
23255M303
1
Names of Reporting Persons
J. Wood Capital Advisors LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CALIFORNIA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
25,974.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
25,974.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
25,974.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.1 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Limited Liability Company
SCHEDULE 13G
CUSIP Number(s):
23255M303
1
Names of Reporting Persons
Jason Wood
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
25,974.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
25,974.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
25,974.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.1 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Korsana Biosciences, Inc.
(b)
Address of issuer's principal executive offices:
203 Crescent Street, Bldgs. #3/3A/4, Suite 503, Waltham, MA, 02453
Item 2.
(a)
Name of person filing:
Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons." This statement is filed on behalf of:
J. Wood Capital Advisors LLC
Jason Wood
(b)
Address or principal business office or, if none, residence:
The principal business address of each of the Reporting Persons is 1820 Calistoga Road, Santa Rosa, CA 95404.
(c)
Citizenship:
J. Wood Capital Advisors LLC is organized under the laws of the State of California. Jason Wood is a citizen of the United States.
(d)
Title of class of securities:
Common Stock, no par value
(e)
CUSIP No.:
23255M303
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The ownership information presented below represents beneficial ownership of the shares of Common Stock as of September 30, 2026, based upon 45,541,425 shares of Common Stock outstanding as of September 8, 2026, as disclosed in the Issuer's Current Report on Form 8-K filed on September 11, 2026.
J. Wood Capital Advisors LLC is the record holder of the shares of Common Stock reported herein. Jason Wood is the managing member of J. Wood Capital Advisors LLC. As a result, Jason Wood may be deemed to share beneficial ownership of the shares of Common Stock directly held by J. Wood Capital Advisors LLC.
(b)
Percent of class:
0.1%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
25,974
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
25,974
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.