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Funds report 834,752 Lantern Pharma (LTRN) shares in ownership update

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Lantern Pharma Inc. received an updated ownership report from a group of Bios and Cavu investment entities in Amendment No. 6 to a beneficial ownership filing. The group, including Bios Equity Partners, Bios Equity Partners II, Cavu Management, Cavu Advisors and related funds, reports aggregate beneficial ownership of 834,752 shares of common stock, equal to 7.4% of the outstanding shares.

Their shared voting and dispositive power is held through several limited partnerships such as Bios Fund I, Bios Fund I QP, BP Directors, Bios Fund II, Bios Fund II QP and Bios Fund II NT. Percentages are calculated using 11,254,697 shares outstanding as reported in Lantern Pharma’s Form 10‑Q filed on March 16, 2026.

Positive

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Group beneficial ownership 834,752 shares Aggregate Lantern Pharma common shares reported by several Bios and Cavu entities
Group ownership percentage 7.4% of class Beneficial ownership of Lantern Pharma common stock by the reporting group
Bios Equity Partners stake 420,802 shares Lantern Pharma shares with shared voting and dispositive power via Bios Equity Partners, LP
Bios Equity Partners percentage 3.7% of class Ownership of Lantern Pharma common stock attributed to Bios Equity Partners, LP
Bios Equity Partners II stake 413,950 shares Lantern Pharma shares with shared voting and dispositive power via Bios Equity Partners II, LP
Bios Equity Partners II percentage 3.7% of class Ownership of Lantern Pharma common stock attributed to Bios Equity Partners II, LP
Lantern Pharma shares outstanding 11,254,697 shares Outstanding common shares as reported in Lantern Pharma’s Form 10-Q on March 16, 2026
beneficially owned financial
"Number of Shares Beneficially Owned by Each Reporting Person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting power financial
"Shared Voting Power 834,752.00"
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 power financial
"Shared Dispositive Power 834,752.00"
percent of class financial
"Percent of class represented by amount in Row (11) 7.4 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
general partner financial
"Bios Equity II is the general partner of Bios Fund II, Bios Fund II QP and Bios Fund II NT."
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
Schedule 13D regulatory
"This Amendment No. 6 hereby amends and supplements the statement on originally filed"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.





51654W101

(CUSIP Number)
Bios Equity Partners, LP
1751 River Run, Suite 400
Fort Worth, TX, 76107
817-984-9197

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
04/16/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of (i) 249,037 Shares directly held by Bios Fund I, (ii) 145,672 Shares directly held by Bios Fund I QP, and (iii) 26,093 Shares directly held by BP Directors. Bios Equity Partners, LP ("Bios Equity I") is the general partner of Bios Fund I, Bios Fund I QP and BP Directors. In its capacity as the general partner of these entities, Bios Equity I may be deemed to have shared voting and/or dispositive power with respect to securities directly held by these entities. Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of (i) 249,037 Shares directly held by Bios Fund I, (ii) 145,672 Shares directly held by Bios Fund I QP, (iii) 26,093 Shares directly held by BP Directors (iv) 88,029 Shares directly held by Bios Fund II, (v) 287,442 Shares directly held by Bios Fund II QP and (vi) 38,479 Shares directly held by Bios Fund II NT. Bios Equity I is the general partner of Bios Fund I, Bios Fund I QP and BP Directors. Bios Equity II is the general partner of Bios Fund II, Bios Fund II QP and Bios Fund II NT. Bios Management is a general partner of Bios Equity I and Bios Equity II. Bios Advisors, an entity controlled by Dr. Fletcher, is the general partner of Bios Management. As the manager of Bios Advisors, Dr. Fletcher may be deemed to have shared voting and/or dispositive power with respect to securities directly held by the Bios Equity Entities. Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of (i) 249,037 Shares directly held by Bios Fund I, (ii) 145,672 Shares directly held by Bios Fund I QP, (iii) 26,093 Shares directly held by BP Directors (iv) 88,029 Shares directly held by Bios Fund II, (v) 287,442 Shares directly held by Bios Fund II QP and (vi) 38,479 Shares directly held by Bios Fund II NT. Bios Equity I is the general partner of Bios Fund I, Bios Fund I QP and BP Directors. Bios Equity II is the general partner of Bios Fund II, Bios Fund II QP and Bios Fund II NT. Bios Management is a general partner of Bios Equity I and Bios Equity II. Bios Advisors GP, LLC ("Bios Advisors") is the general partner of Bios Management, and therefore, may be deemed to have shared voting and/or dispositive power with respect to securities directly held by the Bios Equity Entities. Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of (i) 249,037 Shares directly held by Bios Fund I, (ii) 145,672 Shares directly held by Bios Fund I QP, (iii) 26,093 Shares directly held by BP Directors (iv) 88,029 Shares directly held by Bios Fund II, (v) 287,442 Shares directly held by Bios Fund II QP and (vi) 38,479 Shares directly held by Bios Fund II NT. Bios Equity I is the general partner of Bios Fund I, Bios Fund I QP and BP Directors. Bios Equity II is the general partner of Bios Fund II, Bios Fund II QP and Bios Fund II NT. Bios Capital Management, LP ("Bios Management") is a general partner of Bios Equity I and Bios Equity II. In its capacity as a general partner of Bios Equity I and Bios Equity II, Bios Management may be deemed to have shared voting and/or dispositive power with respect to securities directly held by the Bios Equity Entities. Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of (i) 88,029 Shares directly held by Bios Fund II, (ii) 287,442 Shares directly held by Bios Fund II QP and (iii) 38,479 Shares directly held by Bios Fund II NT. Bios Equity Partners II, LP ("Bios Equity II") is the general partner of Bios Fund II, Bios Fund II QP and Bios Fund II NT. In its capacity as the general partner of these entities, Bios Equity II may be deemed to have shared voting and/or dispositive power with respect to Shares directly or indirectly held by these entities. Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of Shares directly held by Bios Fund II, LP ("Bios Fund II"). Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of Shares directly held by Bios Fund II NT, LP ("Bios Fund II NT"). Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of Shares directly held by Bios Fund II QP, LP ("Bios Fund II QP"). Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of shares of common stock, par value $0.0001 per share ("Shares") directly held by Bios Fund I, LP ("Bios Fund I"). Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of Shares directly held by Bios Fund I QP, LP ("Bios Fund I QP"). Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of Shares directly held by BP Directors, LP ("BP Directors"). Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of (i) 249,037 Shares directly held by Bios Fund I, (ii) 145,672 Shares directly held by Bios Fund I QP, (iii) 26,093 Shares directly held by BP Directors (iv) 88,029 Shares directly held by Bios Fund II, (v) 287,442 Shares directly held by Bios Fund II QP and (vi) 38,479 Shares directly held by Bios Fund II NT. Bios Equity I is the general partner of Bios Fund I, Bios Fund I QP and BP Directors. Bios Equity II is the general partner of Bios Fund II, Bios Fund II QP and Bios Fund II NT. Cavu Management is a general partner of Bios Equity I and Bios Equity II. Cavu Advisors, LLC ("Cavu Advisors") is the general partner of Cavu Management, and therefore may be deemed to have shared voting and/or dispositive power with respect to securities directly held by the Bios Equity Entities. Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of (i) 249,037 Shares directly held by Bios Fund I, (ii) 145,672 Shares directly held by Bios Fund I QP, (iii) 26,093 Shares directly held by BP Directors (iv) 88,029 Shares directly held by Bios Fund II, (v) 287,442 Shares directly held by Bios Fund II QP and (vi) 38,479 Shares directly held by Bios Fund II NT. Bios Equity I is the general partner of Bios Fund I, Bios Fund I QP and BP Directors. Bios Equity II is the general partner of Bios Fund II, Bios Fund II QP and Bios Fund II NT. Cavu Management, LP ("Cavu Management") is a general partner of Bios Equity I and Bios Equity II. In its capacity as a general partner of Bios Equity I and Bios Equity II, Cavu Management may be deemed to have shared voting and/or dispositive power with respect to securities directly held by Bios Fund I, Bios Fund I QP, BP Directors, Bios Fund II, Bios Fund II QP and Bios Fund II NT (collectively, the "Bios Equity Entities"). Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Shared voting and dispositive power consists of (i) 249,037 Shares directly held by Bios Fund I, (ii) 145,672 Shares directly held by Bios Fund I QP, (iii) 26,093 Shares directly held by BP Directors (iv) 88,029 Shares directly held by Bios Fund II, (v) 287,442 Shares directly held by Bios Fund II QP and (vi) 38,479 Shares directly held by Bios Fund II NT. Bios Equity I is the general partner of Bios Fund I, Bios Fund I QP and BP Directors. Bios Equity II is the general partner of Bios Fund II, Bios Fund II QP and Bios Fund II NT. Bios Equity I is the general partner of Bios Fund I, Bios Fund I QP and BP Directors. Bios Equity II is the general partner of Bios Fund II, Bios Fund II QP and Bios Fund II NT. Cavu Management is a general partner of Bios Equity I and Bios Equity II. Cavu Advisors, an entity controlled by Mr. Kreis, is the general partner of Cavu Management. As the manager of Cavu Advisors, Mr. Kreis may be deemed to have shared voting and/or dispositive power with respect to securities directly held by the Bios Equity Entities. Percentage based on 11,254,697 outstanding Shares as reported in the Form 10-Q filed by the Issuer on March 16, 2026.


SCHEDULE 13D


Bios Equity Partners, LP
Signature:/s/ John Fucci
Name/Title:John Fucci/Attorney-in-Fact
Date:04/16/2026
Fletcher Aaron G.L.
Signature:/s/ John Fucci
Name/Title:John Fucci, as Attorney-in-Fact for Aaron G.L. Fletcher
Date:04/16/2026
BIOS Advisors GP, LLC
Signature:/s/ John Fucci
Name/Title:John Fucci/Attorney-in-Fact
Date:04/16/2026
BIOS Capital Management, LP
Signature:/s/ John Fucci
Name/Title:John Fucci/Attorney-in-Fact
Date:04/16/2026
Bios Equity Partners II, LP
Signature:/s/ John Fucci
Name/Title:John Fucci/Attorney-in-Fact
Date:04/16/2026
BIOS Fund II, LP
Signature:/s/ John Fucci
Name/Title:John Fucci/Attorney-in-Fact
Date:04/16/2026
BIOS Fund II NT, LP
Signature:/s/ John Fucci
Name/Title:John Fucci/Attorney-in-Fact
Date:04/16/2026
BIOS Fund II QP, LP
Signature:/s/ John Fucci
Name/Title:John Fucci/Attorney-in-Fact
Date:04/16/2026
BIOS Fund I, LP
Signature:/s/ John Fucci
Name/Title:John Fucci/Attorney-in-Fact
Date:04/16/2026
BIOS Fund I QP, LP
Signature:/s/ John Fucci
Name/Title:John Fucci/Attorney-in-Fact
Date:04/16/2026
BP Directors, LP
Signature:/s/ John Fucci
Name/Title:John Fucci/Attorney-in-Fact
Date:04/16/2026
Cavu Advisors, LLC
Signature:/s/ John Fucci
Name/Title:John Fucci/Attorney-in-Fact
Date:04/16/2026
Cavu Management, LP
Signature:/s/ John Fucci
Name/Title:John Fucci/Attorney-in-Fact
Date:04/16/2026
Kreis Leslie W.
Signature:/s/ John Fucci
Name/Title:John Fucci, as Attorney-in-Fact for Leslie W. Kreis, Jr.
Date:04/16/2026
Comments accompanying signature:
BIOS FUND II, LP By: Bios Equity Partners II, LP, its general partner By: Bios Capital Management, LP, its general partner By: Bios Advisors GP, LLC, its general partner By: /s/ John Fucci John Fucci Attorney-in-Fact BIOS FUND II QP, LP By: Bios Equity Partners II, LP, its general partner By: Bios Capital Management, LP, its general partner By: Bios Advisors GP, LLC, its general partner By: /s/ John Fucci John Fucci Attorney-in-Fact BIOS FUND II NT, LP By: Bios Equity Partners II, LP, its general partner By: Bios Capital Management, LP, its general partner By: Bios Advisors GP, LLC, its general partner By: /s/ John Fucci John Fucci Attorneyin-Fact BIOS INCYSUS CO-INVEST I, LP By: Bios Equity Partners II, LP, its general partner By: Bios Capital Management, LP, its general partner By: Bios Advisors GP, LLC, its general partner By: /s/ John Fucci John Fucci Attorney-in-Fact BIOS FUND III, LP By: Bios Equity Partners III, LP, its general partner By: Bios Capital Management, LP, its general partner By: Bios Advisors GP, LLC, its general partner By: /s/ John Fucci John Fucci Attorney-in-Fact BIOS FUND III QP, LP By: Bios Equity Partners III, LP, its general partner By: Bios Capital Management, LP, its general partner By: Bios Advisors GP, LLC, its general partner By: /s/ John Fucci John Fucci Attorney-in-Fact BIOS FUND III NT, LP By: Bios Equity Partners III, LP, its general partner By: Bios Capital Management, LP, its general partner By: Bios Advisors GP, LLC, its general partner By: /s/ John Fucci John Fucci Attorney-in-Fact BIOS CLINICAL OPPORTUNITY FUND, LP By: Bios Equity COF, LP, its general partner By: Bios Capital Management, LP, its general partner By: Bios Advisors GP, LLC, its general partner BP DIRECTORS, LP By: Bios Equity Partners, LP, its general partner By: Bios Capital Management, LP, its general partner By: Bios Advisors GP, LLC, its general partner By: /s/ John Fucci John Fucci Attorney-in-Fact BIOS EQUITY PARTNERS, LP By: Bios Capital Management, LP, its general partner By: Bios Advisors GP, LLC, its general partner By: /s/ John Fucci John Fucci Attorney-in-Fact BIOS EQUITY PARTNERS II, LP By: Bios Capital Management, LP, its general partner By: Bios Advisors GP, LLC, its general partner By: /s/ John Fucci John Fucci Attorney-in Fact BIOS EQUITY PARTNERS III, LP By: Bios Capital Management, LP, its general partner By: Bios Advisors GP, LLC, its general partner By: /s/ John Fucci John Fucci Attorney-in-Fact BIOS EQUITY COF, LP By: Bios Capital Management, LP, its general partner By: Bios Advisors GP, LLC, its general partner CAVU MANAGEMENT, LP By: Cavu Advisors, LLC, its general partner By: /s/ John Fucci Attorney-in-Fact BIOS CAPITAL MANAGEMENT, LP By: Bios Advisors GP, LLC its general partner By: /s/ John Fucci Attorney in-Fact

FAQ

What level of ownership in Lantern Pharma (LTRN) do the Bios and Cavu entities report?

The Bios and Cavu entities report beneficial ownership of 834,752 shares of Lantern Pharma common stock, representing 7.4% of the outstanding shares. This ownership is held through multiple affiliated investment funds and management entities acting together.

Which investment funds hold Lantern Pharma (LTRN) shares in this Schedule 13D/A?

Reported holders include Bios Fund I, Bios Fund I QP, BP Directors, Bios Fund II, Bios Fund II QP and Bios Fund II NT. These funds collectively contribute to the group’s 834,752 Lantern Pharma shares with shared voting and dispositive power across the entities.

How is the 7.4% Lantern Pharma (LTRN) ownership percentage calculated?

The 7.4% beneficial ownership figure is based on 11,254,697 Lantern Pharma shares outstanding, as reported in the company’s Form 10‑Q filed on March 16, 2026. The group’s 834,752 shares is measured against that outstanding share count.

What stake does Bios Equity Partners hold in Lantern Pharma (LTRN)?

Bios Equity Partners reports beneficial ownership of 420,802 Lantern Pharma shares, representing 3.7% of the common stock. These shares are held through Bios Fund I, Bios Fund I QP and BP Directors, over which Bios Equity Partners has shared voting and dispositive power.

Who are the individuals associated with the reported Lantern Pharma (LTRN) holdings?

Individuals named include Aaron G.L. Fletcher and Leslie W. Kreis, each reporting shared beneficial ownership of 834,752 shares, or 7.4% of Lantern Pharma’s stock, through control relationships with Bios and Cavu general partner and management entities.