STOCK TITAN

Atlas Venture funds (QTTB) join Q32 Bio $5M PIPE deal

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Q32 Bio Inc. received new investment from several Atlas Venture funds, which filed Amendment No. 1 to their Schedule 13D to update ownership details. Atlas Venture Opportunity Fund III bought 625,000 shares of common stock at $8.00 per share in a 2026 private placement (PIPE), for a total of $5 million.

After this transaction, the Atlas reporting entities collectively beneficially own 2,717,106 shares of Q32 Bio common stock, or about 11.5% of the 23,681,415 shares outstanding as of May 28, 2026. The PIPE added 6,725,000 shares to the prior 16,956,415 shares outstanding. Q32 Bio also agreed to a registration rights agreement, requiring it to file and have declared effective a registration statement covering the resale of PIPE shares and shares issuable from pre-funded warrants within a set timeframe.

Positive

  • None.

Negative

  • None.
PIPE purchase 625,000 shares at $8.00/share AVOF III common stock bought in 2026 PIPE
PIPE investment size $5 million Aggregate purchase price paid by AVOF III
PIPE shares issued 6,725,000 shares Shares of common stock sold in 2026 PIPE
Shares outstanding 23,681,415 shares Common stock outstanding as of May 28, 2026
Atlas aggregate holdings 2,717,106 shares Collective beneficial ownership of Reporting Persons
Ownership percentage 11.5% Estimated share of Q32 Bio common stock held collectively
Fund X ownership 3.6% Percent of class held by Fund X Reporting Persons
Opportunity Fund III ownership 2.6% Percent of class held by Opportunity Fund III Reporting Persons
Schedule 13D regulatory
"This Amendment No. 1 to ("Amendment No. 1") is being filed as an amendment to the statement on relating to common stock"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
securities purchase agreement financial
"the Issuer entered into a securities purchase agreement with a number of institutional investors (the "2026 PIPE Investors")"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
pre-funded warrants financial
"the Issuer agreed to issue and sell shares of common stock and pre-funded warrants in a private placement (the "2026 PIPE")"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
private placement financial
"issue and sell shares of common stock and pre-funded warrants in a private placement (the "2026 PIPE")"
A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.
registration rights agreement regulatory
"the Issuer entered into a registration rights agreement with each of the 2026 PIPE Investors (the "Registration Rights Agreement")"
A registration rights agreement is a contract that gives investors the option to have their ownership stakes officially registered with the government, making it easier to sell their shares later. This agreement matters because it provides investors with a clearer path to cash out their investments if they choose, offering more liquidity and confidence in their ability to sell their holdings when desired.
beneficially own financial
"Each of Atlas X, AVA X LP and AVA X LLC may be deemed to beneficially own the shares held by Atlas X"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.





746964105

(CUSIP Number)
Ommer Chohan
Atlas Venture, 300 Technology Square, 8th Floor
Cambridge, MA, 02139
(857) 201-2700

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
05/26/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Atlas Venture Fund X, L.P.
Signature:/s/ Ommer Chohan
Name/Title:By: Atlas Venture Associates X, L.P., its general partner, By: Atlas Venture Associates X, LLC, its general partner, By: Ommer Chohan, CFO
Date:05/28/2026
ATLAS VENTURE ASSOCIATES X, L.P.
Signature:/s/ Ommer Chohan
Name/Title:By: Atlas Venture Associates X, LLC, its general partner, By: Ommer Chohan, CFO
Date:05/28/2026
Atlas Venture Associates X, LLC
Signature:/s/ Ommer Chohan
Name/Title:By: Ommer Chohan, CFO
Date:05/28/2026
Atlas Venture Opportunity Fund I, L.P.
Signature:/s/ Ommer Chohan
Name/Title:By: Atlas Venture Associates Opportunity I, L.P., its GP, By: Atlas Venture Associates Opportunity I, LLC, its GP, By: Ommer Chohan, CFO
Date:05/28/2026
Atlas Venture Associates Opportunity I, L.P.
Signature:/s/ Ommer Chohan
Name/Title:By: Atlas Venture Associates Opportunity I, LLC, its GP, By: Ommer Chohan, CFO
Date:05/28/2026
Atlas Venture Associates Opportunity I, LLC
Signature:/s/ Ommer Chohan
Name/Title:By: Ommer Chohan, CFO
Date:05/28/2026
Atlas Venture Opportunity Fund II, L.P.
Signature:/s/ Ommer Chohan
Name/Title:By: Atlas Venture Associates Opportunity II, L.P., its GP, By: Atlas Venture Associates Opportunity II, LLC, its GP, By: Ommer Chohan, CFO
Date:05/28/2026
Atlas Venture Associates Opportunity II, L.P.
Signature:/s/ Ommer Chohan
Name/Title:By: Atlas Venture Associates Opportunity II, LLC, its GP, By: Ommer Chohan, CFO
Date:05/28/2026
Atlas Venture Associates Opportunity II, LLC
Signature:/s/ Ommer Chohan
Name/Title:By: Ommer Chohan, CFO
Date:05/28/2026
Atlas Venture Opportunity Fund Ill, L.P.
Signature:/s/ Ommer Chohan
Name/Title:By: Atlas Venture Associates Opportunity III, L.P., its GP, By: Atlas Venture Associates Opportunity III, LLC, its GP, By: Ommer Chohan, CFO
Date:05/28/2026
Atlas Venture Associates Opportunity III, L.P.
Signature:/s/ Ommer Chohan
Name/Title:By: Atlas Venture Associates Opportunity III, LLC, its GP, By: Ommer Chohan, CFO
Date:05/28/2026
Atlas Venture Associates Opportunity III, LLC
Signature:/s/ Ommer Chohan
Name/Title:By: Ommer Chohan, CFO
Date:05/28/2026

FAQ

What stake in Q32 Bio (QTTB) do the Atlas Venture funds report?

The Atlas Venture reporting entities disclose holding an aggregate 2,717,106 Q32 Bio common shares, representing about 11.5% of the company’s 23,681,415 shares outstanding as of May 28, 2026.

How many Q32 Bio shares did Atlas Venture buy in the 2026 PIPE?

Atlas Venture Opportunity Fund III purchased 625,000 Q32 Bio common shares in the 2026 PIPE. The shares were acquired at a purchase price of $8.00 per share under a securities purchase agreement.

What was the total amount Atlas Venture invested in Q32 Bio’s 2026 PIPE?

Atlas Venture Opportunity Fund III invested $5 million in the 2026 PIPE. This reflects 625,000 common shares bought at $8.00 per share, funded by capital contributions from its general and limited partners.

How did the 2026 PIPE affect Q32 Bio’s shares outstanding?

After the 2026 PIPE, Q32 Bio had 23,681,415 common shares outstanding. This total combines 16,956,415 shares previously outstanding and 6,725,000 new shares sold in the private placement, as reported in a Form 8-K.

What ownership percentages do individual Atlas Venture funds hold in Q32 Bio?

Atlas Venture Fund X entities report 3.6%, Opportunity Fund I entities 2.1%, Opportunity Fund II entities 3.1%, and Opportunity Fund III entities 2.6% of Q32 Bio’s common stock, based on 23,681,415 shares outstanding.

What registration rights did Q32 Bio grant to the 2026 PIPE investors?

Q32 Bio entered a registration rights agreement requiring it to file a registration statement covering resale of PIPE shares and pre-funded warrant shares. The company must file within 50 days of closing and obtain effectiveness under agreed terms.