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GS Group Reports 5,581,828 Shares of Syndax; 6.5% Ownership

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

Rhea-AI Filing Summary

Schedule 13G/A filed for Syndax Pharmaceuticals, Inc. reports that The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC jointly hold 5,581,828.06 shares of Syndax common stock, representing 6.5% of the class as reported for the event date 06/30/2025. The filing shows no sole voting or dispositive power and substantial shared voting power (5,581,718.06) and shared dispositive power (5,581,828.06). The cover exhibits include a joint filing agreement and identification of Goldman Sachs & Co. LLC as a subsidiary of GS Group. The registrants certify the securities are held in the ordinary course of business and not for the purpose of changing control.

Positive

  • Institutional interest: The Goldman Sachs Group reports a 6.5% stake (5,581,828.06 shares) in SNDX, indicating significant institutional ownership.

Negative

  • None.

Insights

TL;DR: Goldman Sachs discloses a material 6.5% stake in SNDX, showing notable institutional ownership but no sole control.

The Schedule 13G/A indicates a meaningful passive position by The Goldman Sachs Group and its subsidiary Goldman Sachs & Co. LLC: 5,581,828.06 shares or 6.5% of Syndax common stock as of the reported event date. The filing records 0 sole voting and dispositive power while reporting nearly identical shared voting and dispositive figures, which implies the position is exercised collectively or through accounts managed by the adviser or broker-dealer. The filing includes a joint filing agreement and an exhibit identifying the subsidiary relationship. Impact to control is explicitly denied by certification.

TL;DR: Institutional ownership above 5% triggers disclosure; the filing documents shared authority without a control intent.

The Schedule 13G/A is a routine disclosure when an institutional investor crosses the 5% threshold. It records shared voting power of 5,581,718.06 and shared dispositive power of 5,581,828.06, with 0 sole powers. The inclusion of Exhibit (99.1) confirms a joint filing agreement and Exhibit (99.2) clarifies the parent-subsidiary reporting relationship. The signatories explicitly state the securities are held in the ordinary course and not to influence control, aligning with Schedule 13G filing standards.






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)






SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



THE GOLDMAN SACHS GROUP, INC.
Signature:Name:
Name/Title:Attorney-in-fact
Date:07/17/2025
GOLDMAN SACHS & CO. LLC
Signature:Name:
Name/Title:Attorney-in-fact
Date:07/17/2025
Exhibit Information

EXHIBIT (99.1) JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, the undersigned agree to the joint filing of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Common Stock, of SYNDAX PHARMACEUTICALS, INC. and further agree to the filing of this agreement as an Exhibit thereto. In addition, each party to this Agreement expressly authorizes each other party to this Agreement to file on its behalf any and all amendments to such Statement on Schedule 13G. Date: 07/17/2025 THE GOLDMAN SACHS GROUP, INC. By:/s/ ---------------------------------------- Name: Title: Attorney-in-fact GOLDMAN SACHS & CO. LLC By:/s/ ---------------------------------------- Name: Title: Attorney-in-fact EXHIBIT (99.2) ITEM 7 INFORMATION The securities being reported on by The Goldman Sachs Group, Inc. ("GS Group"), as a parent holding company, are owned, or may be deemed to be beneficially owned, by Goldman Sachs & Co. LLC ("Goldman Sachs"), a broker or dealer registered under Section 15 of the Act and an investment adviser registered under Section 203 of the Investment Advisers Act of 1940. Goldman Sachs is a subsidiary of GS Group.

FAQ

Who filed the Schedule 13G/A for SNDX?

The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC are the reporting persons.

How many Syndax (SNDX) shares are reported and what percent of the class do they represent?

5,581,828.06 shares, representing 6.5% of the class as reported on the filing cover.

What voting and dispositive powers are reported in the filing?

Sole voting power: 0.00; Shared voting power: 5,581,718.06; Sole dispositive power: 0.00; Shared dispositive power: 5,581,828.06.

What dates are shown on the Schedule 13G/A filing for SNDX?

Date of event requiring filing: 06/30/2025; Signature date: 07/17/2025.

Is this a joint filing and what exhibits are included?

Yes. Exhibit (99.1) is a joint filing agreement and Exhibit (99.2) identifies the subsidiary relationship between GS Group and Goldman Sachs & Co. LLC.
Syndax Pharmaceuticals Inc

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Biotechnology
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