SpyGlass Pharma director reports Series D holdings
SpyGlass Pharma, Inc. director Geoffrey B. Pardo reports indirect beneficial ownership of 1,875,013 shares of the company’s Series D Preferred Stock.
Rhea-AI Filing Summary
SpyGlass Pharma, Inc. director Geoffrey B. Pardo reports indirect beneficial ownership of 1,875,013 shares of the company’s Series D Preferred Stock. All shares of this preferred stock will automatically convert on a one-for-one basis into common stock prior to the closing of the company’s initial public offering of its common stock.
The shares are held by Cooperatieve Gilde Healthcare VG VI U.A., which is managed by Gilde Healthcare VG VI Management B.V. Gilde Healthcare VG VI Management B.V. has sole voting and dispositive power over these shares. Pardo, along with Edwin de Graaf and Pieter Van der Meer, may be deemed to share voting and dispositive power but each disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Series D Preferred Stock | -- | -- | -- |
Footnotes (2)
- F1. All shares of the preferred stock, par value $0.00001 per share, of the Issuer will automatically be converted on a one-for-one basis to shares of the Issuer's common stock, par value $0.00001 per share ("Common Stock") prior to the closing of the Issuer's initial public offering of its Common Stock.
- F2. Shares held by Cooperatieve Gilde Healthcare VG VI U.A. (Gilde). Gilde Healthcare VG VI Management B.V. (Gilde Healthcare Management) is the manager of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare Management is owned by Gilde Healthcare Holding B.V. and managed by Edwin de Graaf and Pieter Van der Meer. The Reporting Person is the President and General Partner of Gilde Healthcare US Inc. and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Each of Mr. de Graaf, Mr. Van der Meer and the Reporting Person disclaims beneficial ownership of such holdings, except to the extent of their pecuniary interest in the shares.
FAQ
What does SpyGlass Pharma (SGP) director Geoffrey B. Pardo report on this Form 3?
How will SpyGlass Pharma’s Series D Preferred Stock reported on Form 3 convert?
What is Geoffrey B. Pardo’s relationship to SpyGlass Pharma (SGP)?
What type of security is reported for SpyGlass Pharma (SGP) on this Form 3?
AI-generated analysis. How Rhea-AI works. Not financial advice.