STOCK TITAN

Veradermics holder proposes $37.6M share sale

Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
144

Rhea-AI Filing Summary

Veradermics, Inc. (MANE) 10% stockholder Longitude Venture Partners V, L.P. gave notice of a proposed sale of 250,000 common shares, with an approximate sale date of November 11, 2026 and an aggregate market value of $37,595,000. An acquisition entry records a cash private placement from the issuer on October 14, 2025. A separate three-month sales table lists Longitude 103.8 East, L.P. as having sold 250,000 common shares on November 11, 2026, for gross proceeds of $37,595,000. Cristiana Oliveira signed the notice.

Proposed sale 250,000 common shares Approximate sale date November 11, 2026
Aggregate market value $37,595,000 Proposed sale
Shares acquired 1,171,121 common shares Cash private placement from the issuer on October 14, 2025
Shares sold 250,000 common shares Separate three-month sales table; Longitude 103.8 East, L.P.; November 11, 2026
Gross proceeds $37,595,000 Separate three-month sales table; Longitude 103.8 East, L.P.; November 11, 2026
10% Stockholder regulatory
"Relationship to Issuer: 10% Stockholder"
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.
Aggregate Market Value financial
"Aggregate Market Value: 37595000.00"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Gross Proceeds financial
"Gross Proceeds: 37595000.00"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

FAQ

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

How many MANE shares does Longitude Venture Partners V, L.P. plan to sell?

Longitude Venture Partners V, L.P. gave notice of a proposed sale of 250,000 common shares, with an approximate sale date of November 11, 2026 and an aggregate market value of $37,595,000.

How many shares were acquired in the MANE private placement listed in the notice?

The acquisition entry lists 1,171,121 common shares acquired from the issuer for cash in a private placement on October 14, 2025.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

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

Keep reading