[SCHEDULE 13G/A] MEI Pharma, Inc. SEC Filing
Alexander Schornstein reported beneficial ownership of 4,365,472 shares of MEI Pharma, Inc. common stock, representing 13.29% of the outstanding class. This holding includes 4,140,472 shares directly held by Mr. Schornstein and 225,000 shares held by Camino Capital GmbH, of which he is the sole beneficial owner with sole voting and dispositive power. The filing states these shares were purchased from August 11, 2025 through September 9, 2025 using the Reporting Person's personal funds and that ownership exceeded the 10% threshold on September 9, 2025.
The filer certifies the securities were not acquired to influence control of the issuer and is filing under the short-form Schedule 13G provision. The percentage is calculated using 32,837,743 shares outstanding as disclosed in the companys Form S-3 Amendment No. 1 dated August 26, 2025. The filing identifies the issuers principal executive office in San Diego, CA and provides the Reporting Persons address in Aachen, Germany.
- Material disclosure of a >10% stake provides transparency to the market
- Sole voting and dispositive power over the reported shares is clearly stated
- Percentage basis disclosed using 32,837,743 shares outstanding from the issuers Form S-3 amendment
- None.
Insights
TL;DR: A non-U.S. individual crossed the 10% ownership threshold, filing a Schedule 13G and asserting passive intent.
The Schedule 13G/A shows Mr. Alexander Schornstein amassed a 13.29% stake in MEI Pharma using personal funds and consolidated voting and dispositive power over 4,365,472 shares. Filing under Rule 13d-1(c) indicates the Reporting Person represents a passive investor rather than an activist seeking control. The disclosed share count basis is 32,837,743 shares outstanding from the issuer's Form S-3 amendment, providing a clear denominator for the percentage calculation. For investors, a >10% holder is material for ownership concentration and potential future signal, but the filers certification of non-control intent confines this to a monitoring item unless actions change.
TL;DR: Ownership concentration is notable; governance implications depend on future actions, not on this passive filing alone.
The report documents sole voting and dispositive power over a meaningful minority stake (13.29%). That level of ownership typically warrants attention from boards and shareholders because it can enable influence if coordinated or increased. However, the explicit statement that securities were not acquired to influence control and the use of Schedule 13G rather than Schedule 13D indicate the Reporting Person currently claims passive intent. From a governance perspective, this filing is material for disclosure and monitoring but does not, by itself, constitute an immediate governance event.