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Quince Therapeutics: Tananbaum reports 6.0% stake

The 6.0% beneficial ownership attributed to James B. Tananbaum comprises two fund positions in Series C Preferred Stock on an as-converted basis.

(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
SCHEDULE 13G

Rhea-AI Filing Summary

Quince Therapeutics, Inc. (QNCX) is the issuer in a Schedule 13G reporting beneficial ownership attributed to Foresite Capital Fund VI LP, Foresite Public & Crossover Opportunities Fund I, L.P., their respective management entities, and James B. Tananbaum. Tananbaum reported beneficial ownership of 652,039 shares, or 6.0%, comprising 489,029 shares held by Foresite Capital Fund VI LP and 163,010 held by Foresite Public & Crossover Opportunities Fund I, L.P. The shares are Series C Preferred Stock on an as-converted basis.

The two funds reported 489,029 shares (4.5%) and 163,010 shares (1.5%), respectively. Their general partners and Tananbaum, as managing member of the respective management entities, may be deemed to have sole voting and dispositive power over the shares. The ownership percentages are based on 10,841,470 common shares outstanding as of October 9, 2026.

Beneficial ownership 652,039 shares (6.0%) James B. Tananbaum; Series C Preferred Stock on an as-converted basis
Beneficial ownership 489,029 shares (4.5%) Foresite Capital Fund VI LP; Series C Preferred Stock on an as-converted basis
Beneficial ownership 163,010 shares (1.5%) Foresite Public & Crossover Opportunities Fund I, L.P.; Series C Preferred Stock on an as-converted basis
Common shares outstanding 10,841,470 shares As of October 9, 2026; basis for the reported ownership percentages
beneficially owned financial
"Amount beneficially owned"
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.
as-converted basis financial
"shares of Series C Preferred Stock ... on an as-converted basis"
As-converted basis means counting securities that can become common stock—like convertible bonds or preferred shares—as if they already were common shares when calculating totals such as shares outstanding, ownership percentages, or per-share metrics. Investors use it to see the potential dilution and the “what-if” size of the shareholder base; it’s like imagining all restaurant coupons have been redeemed so you know how crowded the table could become and how slices of the pie would shrink.
sole power to vote financial
"may be deemed to have sole power to vote these shares"
sole power to dispose financial
"may be deemed to have sole power to dispose of these shares"

FAQ

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

How many QNCX shares does James B. Tananbaum report beneficially owning?

James B. Tananbaum reported beneficial ownership of 652,039 shares, or 6.0%, comprising 489,029 shares held by Foresite Capital Fund VI LP and 163,010 held by Foresite Public & Crossover Opportunities Fund I, L.P. The shares are Series C Preferred Stock on an as-converted basis.

Who has voting and dispositive power over the Foresite QNCX holdings?

Foresite Capital Fund VI LP directly owns 489,029 shares, and Foresite Public & Crossover Opportunities Fund I, L.P. directly owns 163,010 shares. Each fund’s general partner, and James B. Tananbaum as managing member of the respective management entity, may be deemed to have sole voting and dispositive power over those shares.

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

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates





22053A305

(CUSIP Number)
10/06/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: 489,029 shares*, except that Foresite Capital Management VI, LLC ("FCM VI"), the general partner of Foresite Capital Fund VI LP ("FCF VI"), may be deemed to have sole power to vote these shares, and James B. Tananbaum ("Tananbaum"), the managing member of FCM VI, may be deemed to have sole power to vote these shares. Note to Row 6: See response to row 5. Note to Row 7: 489,029* shares, except that FCM VI, the general partner of FCF VI, may be deemed to have sole power to dispose of these shares, and Tananbaum, the managing member of FCM VI, may be deemed to have sole power to dispose of these shares. Note to Row 8: See response to row 7. Note to Row 11: This percentage is calculated based upon 10,841,470 shares of Common Stock outstanding of IRulya Therapeutics Inc. (the "Issuer") as of October 9, 2026, as set forth in the Issuer's press release on October 9, 2026. *Represents shares of Series C Preferred Stock owned by FCF VI on an as-converted basis.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: 489,029 shares*, all of which are directly owned by FCF VI. FCM VI, the general partner of FCF VI, may be deemed to have sole power to vote these shares, and Tananbaum, the managing member of FCM VI, may be deemed to have sole power to vote these shares. Note to Row 6: See response to row 5. Note to Row 7: 489,029 shares*, all of which are directly owned by FCF VI. FCM VI, the general partner of FCF VI, may be deemed to have sole power to dispose of these shares, and Tananbaum, the managing member of FCM VI, may be deemed to have sole power to dispose of these shares. Note to Row 8: See response to row 7. Note to Row 11: This percentage is calculated based upon 10,841,470 shares of Common Stock outstanding of the Issuer as of October 9, 2026, as set forth in the Issuer's press release on October 9, 2026. *Represents shares of Series C Preferred Stock owned by FCF VI on an as-converted basis.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: 163,010 shares*, except that Foresite Public & Crossover Opportunities Management I, LLC ("FPCOM"), the general partner of Foresite Public & Crossover Opportunities Fund I, L.P. ("FPCOF"), may be deemed to have sole power to vote these shares, and James B. Tananbaum ("Tananbaum"), the managing member of FPCOM, may be deemed to have sole power to vote these shares. Note to Row 6: See response to row 5. Note to Row 7: 163,010 shares*, except that FPCOM, the general partner of FPCOF, may be deemed to have sole power to dispose of these shares, and Tananbaum, the managing member of FPCOM, may be deemed to have sole power to dispose of these shares. Note to Row 8: See response to row 7. Note to Row 11: This percentage is calculated based upon 10,841,470 shares of Common Stock outstanding of the Issuer as of October 9, 2026, as set forth in the Issuer's press release on October 9, 2026. *Represents shares of Series C Preferred Stock owned by FPCOF on an as-converted basis.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: 163,010 shares*, all of which are directly owned by FPCOF. FPCOM, the general partner of FPCOF, may be deemed to have sole power to vote these shares, and Tananbaum, the managing member of FPCOM, may be deemed to have sole power to vote these shares. Note to Row 6: See response to row 5. Note to Row 7: 163,010 shares*, all of which are directly owned by FPCOF. FPCOM, the general partner of FPCOF, may be deemed to have sole power to dispose of these shares, and Tananbaum, the managing member of FPCOM, may be deemed to have sole power to dispose of these shares. Note to Row 8: See response to row 7. Note to Row 11: This percentage is calculated based upon 10,841,470 shares of Common Stock outstanding of the Issuer as of October 9, 2026, as set forth in the Issuer's press release on October 9, 2026. *Represents shares of Series C Preferred Stock owned by FPCOF on an as-converted basis.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: 652,039 shares*, of which 489,029 shares are directly owned by FCF VI and 163,010 shares are directly owned by FPCOF. Tananbaum is the managing member of FCM VI, which is the general partner of FCF VI, and the managing member of FPCOM, which is the general partner of FPCOF. Tananbaum may be deemed to have sole power to vote these shares. Note to Row 6: See response to row 5. Note to Row 7: 652,039 shares*, of which 489,029 shares are directly owned by FCF VI and 163,010 shares are directly owned by FPCOF. Tananbaum is the managing member of FCM VI, which is the general partner of FCF VI, and the managing member of FPCOM, which is the general partner of FPCOF. Tananbaum may be deemed to have sole power to dispose of these shares. Note to Row 8: See response to row 7. Note to Row 11: This percentage is calculated based upon 10,841,470 shares of Common Stock outstanding of the Issuer as of October 9, 2026, as set forth in the Issuer's press release on October 9, 2026. *Represents shares of Series C Preferred Stock owned by FCF VI and FPCOF on an as-converted basis.


SCHEDULE 13G



Foresite Capital Fund VI LP
Signature:/s/ James B. Tananbaum
Name/Title:James B. Tananbaum, Managing Member of the General Partner
Date:10/14/2026
Foresite Capital Management VI, LLC
Signature:/s/ James B. Tananbaum
Name/Title:James B. Tananbaum, Managing Member
Date:10/14/2026
Foresite Public & Crossover Opportunities Fund I, L.P.
Signature:/s/ James B. Tananbaum
Name/Title:James B. Tananbaum, Managing Member of the General Partner
Date:10/14/2026
Foresite Public & Crossover Opportunities Management I, LLC
Signature:/s/ James B. Tananbaum
Name/Title:James B. Tananbaum, Managing Member
Date:10/14/2026
James B. Tananbaum
Signature:/s/ James B. Tananbaum
Name/Title:James B. Tananbaum
Date:10/14/2026
Exhibit Information

Exhibit A Agreement of Joint Filing The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Common Stock of the Issuer shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G. Date: October 14, 2026 FORESITE CAPITAL FUND VI LP By: FORESITE CAPITAL MANAGEMENT VI, LLC Its: General Partner By: /s/ James B. Tananbaum Name: James B. Tananbaum Title: Managing Member FORESITE CAPITAL MANAGEMENT VI, LLC By: /s/ James B. Tananbaum Name: James B. Tananbaum Title: Managing Member FORESITE PUBLIC & CROSSOVER OPPORTUNITIES FUND I, L.P. By: FORESITE PUBLIC & CROSSOVER OPPORTUNITIES MANAGEMENT I, LLC Its: General Partner By: /s/ James B. Tananbaum Name: James B. Tananbaum Title: Managing Member FORESITE PUBLIC & CROSSOVER OPPORTUNITIES MANAGEMENT I, LLC By: /s/ James B. Tananbaum Name: James B. Tananbaum Title: Managing Member JAMES B. TANANBAUM By: /s/ James B. Tananbaum

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