Quince Therapeutics (QNCX) joint filing reports ~7.2% ownership by Millennium group
Rhea-AI Filing Summary
Quince Therapeutics, Inc. received a Schedule 13G disclosing that Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander report shared beneficial ownership of common stock. The filing lists individual shared holdings around 1,403,580–1,403,697 shares, representing 7.2% of the class based on 19,559,257 shares outstanding.
The filing attributes the outstanding-share base to 16,300,740 shares outstanding as of May 4, 2026 plus 3,258,517 shares issued in connection with the Orphai Therapeutics acquisition.
Positive
- None.
Negative
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Key Figures
Shares outstanding (used): 19,559,257 shares
Shares outstanding (as of May 4, 2026): 16,300,740 shares
Acquisition-issued shares: 3,258,517 shares
+3 more
6 metrics
Shares outstanding (used)
19,559,257 shares
sum of shares as of <date>May 4, 2026</date> and acquisition issuance
Shares outstanding (as of May 4, 2026)
16,300,740 shares
reported in issuer's Form 10-Q filed May 11, 2026
Acquisition-issued shares
3,258,517 shares
issued in connection with acquisition of Orphai Therapeutics, reported in Form 8-K May 18, 2026
Per-filer shared holdings (example)
1,403,580 shares
Integrated Core Strategies (US) LLC shared dispositive/voting power
Per-filer shared holdings (example)
1,403,697 shares
Millennium Management LLC / Millennium Group Management LLC / Israel A. Englander shared holdings
Reported ownership percent
7.2%
percent of class calculated using 19,559,257 shares outstanding
Key Terms
Schedule 13G, Shared Dispositive Power, Joint Filing Agreement, Beneficial Ownership
4 terms
Schedule 13G regulatory
"received a Schedule 13G disclosing that Integrated Core Strategies"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Joint Filing Agreement regulatory
"Joint Filing Agreement, dated as of June 9, 2026"
Beneficial Ownership financial
"Amount beneficially owned: See response to Item 9 on each cover page"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who are the parties that jointly filed the Schedule 13G for QNCX?
The joint filers are Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander, per the Joint Filing Agreement dated June 9, 2026.