Rubric Capital reports 7.9% MeiraGTx stake
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Rhea-AI Filing Summary
MeiraGTx Holdings plc disclosed that investment firm Rubric Capital Management LP and David Rosen have filed a Schedule 13G reporting beneficial ownership of 6,175,331 Ordinary Shares, equal to 7.90% of the company’s ordinary shares outstanding as of year-end 2025.
The filing shows Rubric Capital and Rosen share both voting and dispositive power over these shares, which are held through Rubric-managed funds, including Rubric Capital Master Fund LP. They state the position is held in the ordinary course of business and not for the purpose of changing or influencing control of MeiraGTx.
Insights
Rubric Capital reports a 7.9% passive stake in MeiraGTx.
Rubric Capital Management LP and David Rosen report beneficial ownership of 6,175,331 MeiraGTx ordinary shares, representing 7.90% of the class. Voting and dispositive powers are reported as shared, with no sole authority over the position.
The ownership percentage is based on 78,190,889 ordinary shares outstanding, derived from MeiraGTx’s prior disclosures and a 2,300,000-share repurchase described in a recent Form 8-K. Rubric Capital Master Fund LP is identified as having rights to dividends and sale proceeds on more than 5% of the class.
The Schedule 13G certification states the securities were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control. Subsequent company filings may provide additional context on any changes in Rubric’s ownership level or MeiraGTx’s capital structure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in MeiraGTx (MGTX) does Rubric Capital report on this Schedule 13G?
Who are the reporting persons on the MeiraGTx (MGTX) Schedule 13G filing?
How was Rubric Capital’s 7.90% ownership in MeiraGTx (MGTX) calculated?
Does Rubric Capital’s MeiraGTx (MGTX) position seek to influence control of the company?
AI-generated analysis. How Rhea-AI works. Not financial advice.