RA Capital lifts Solid Biosciences stake to 11.9%
RA Capital Management and affiliates report an updated stake in Solid Biosciences Inc., now beneficially owning 12,036,126 shares of common stock, or 11.9% of the company.
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Rhea-AI Filing Summary
RA Capital Management and affiliates report an updated stake in Solid Biosciences Inc., now beneficially owning 12,036,126 shares of common stock, or 11.9% of the company. Most of this is held through RA Capital Healthcare Fund, which directly owns 11,897,896 shares.
The position also includes pre-funded warrants exercisable for up to 8,178,412 additional shares, but a Beneficial Ownership Blocker prevents exercises that would lift the Fund’s holdings above 9.99% of Solid’s outstanding common stock. RA Capital serves as investment adviser to all reporting vehicles, while Kolchinsky and Shah are managers of RA Capital.
On June 18, 2026, the Fund bought 338,100 shares in open-market trades at prices between $8.25 and $8.35, with a weighted-average of $8.30 per share. On June 22, 2026, it purchased an additional 2,358,048 shares at $8.20 per share in an at-the-market offering by Solid Biosciences, all funded from the Fund’s working capital. Ownership percentages are calculated using 98,449,606 shares outstanding as of May 8, 2026, plus the 2,358,048 new ATM shares issued to the Fund.
Insights
RA Capital modestly increases its already large stake in Solid Biosciences.
RA Capital and related entities now report beneficial ownership of 12,036,126 Solid Biosciences shares, or 11.9% of the company. The position is primarily held in RA Capital Healthcare Fund, with RA Capital acting as investment adviser across the pooled vehicles and managed account.
The filing details fresh buying: on June 18, 2026 the Fund acquired 338,100 shares in the open market around $8.30 per share, then on June 22, 2026 it bought 2,358,048 shares at $8.20 in an at-the-market issuance by Solid. These are cash purchases funded from the Fund’s working capital.
The disclosure also highlights pre-funded warrants exercisable for up to 8,178,412 shares, constrained by a Beneficial Ownership Blocker that caps the Fund at 9.99% direct ownership. Actual impact on Solid’s share dynamics will depend on any future warrant exercises and additional transactions, which would appear in subsequent ownership updates.
Key Figures
Key Terms
Schedule 13D/A regulatory
pre-funded warrants financial
Beneficial Ownership Blocker regulatory
at-the-market offering financial
beneficial owner regulatory
investment adviser financial
FAQ
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How much of Solid Biosciences (SLDB) does RA Capital now beneficially own?
What are the pre-funded warrants RA Capital holds in Solid Biosciences (SLDB)?
How is RA Capital’s 11.9% ownership in Solid Biosciences (SLDB) calculated?
Who are the reporting persons in the Solid Biosciences (SLDB) Schedule 13D/A?
AI-generated analysis. How Rhea-AI works. Not financial advice.