STOCK TITAN

Senti Biosciences holder reports 54.6% stake

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Senti Biosciences Holdings, Inc. (SNTI) is the subject of an amended Schedule 13D showing that entities affiliated with Celadon Partners, including Celadon Partners SPV 24, Celadon Partners, LLC and CPIF II-7 Limited, report beneficial ownership of 25,748,890 shares of Common Stock, representing 54.6% of the class on an as‑adjusted basis. This percentage assumes a total of 47,116,644 shares outstanding, including 15,971,890 shares issuable upon exchange of certain Initial Notes pursuant to a Securities Purchase Agreement. On September 3, 2026, Senti entered into an Equity Commitment Letter with CPIF II-9 Limited, an affiliate of Celadon, under which the investor commits to purchase newly issued Common Stock for an aggregate $2,500,000 at a per‑share price equal to the Nasdaq Listing Rule 5635(d) "Minimum Price". The commitment is subject to conditions including consummation of the Merger closing, Nasdaq accepting a stockholders’ equity compliance plan, Senti retaining at least $600,000 of cash or equivalents after closing, maintaining Nasdaq Capital Market listing, and execution of a registration rights agreement; Senti plans to use substantially all of the proceeds to support its business following completion of the Merger.

Positive

  • None.

Negative

  • None.
Beneficial ownership shares 25,748,890 shares Shares of Senti common stock beneficially owned by each reporting person
Beneficial ownership percentage 54.6% Portion of Senti common stock represented by 25,748,890 shares on an as-adjusted basis
Equity Commitment Amount $2,500,000 Aggregate purchase price for newly issued Senti common stock under the Equity Commitment Letter
As-adjusted shares outstanding baseline 47,116,644 shares Total shares used to calculate ownership percentage, including assumed Initial Note exchange
Shares outstanding as of July 31, 2026 31,144,754 shares Common stock issued and outstanding per Senti Form 10-Q for quarter ended June 30, 2026
Shares issuable upon Initial Notes exchange 15,971,890 shares Assumed immediate exchange of Initial Notes for Senti common stock under Securities Purchase Agreement
Minimum cash retention condition $600,000 Required existing cash or cash equivalents Senti must retain after Closing for the commitment
Equity Commitment Letter financial
"the Issuer entered into an equity commitment letter (the "Equity Commitment Letter")"
A written promise from an investor or group to provide a specified amount of capital for a deal, such as an acquisition or a new financing round. It matters to investors because it shows how likely a transaction is to close and how much fresh money will be available, similar to a down-payment commitment when buying a house: the stronger the promise, the less risk that the deal will fall apart or that existing shareholders will face unexpected dilution.
Minimum Price market
"at a per share price equal to the "Minimum Price" as defined in Nasdaq Listing Rule 5635(d)"
The minimum price is the lowest allowable or acceptable price at which a security, share offering, product, or sale can be bought or sold. Think of it like the smallest tag on a store item that the seller will accept; for investors it sets a floor for entry or sale, affects potential returns and liquidity, and can influence demand by limiting purchases below that level.
Nasdaq Compliance Plan regulatory
"the Issuer's ability to satisfy the minimum stockholders' equity requirement ... (the "Nasdaq Compliance Plan")"
registration rights agreement financial
"execution and delivery ... of a registration rights agreement providing the Investor"
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.
Securities Purchase Agreement financial
"exchange of such Initial Notes for Common Stock pursuant to the Securities Purchase Agreement"
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.
beneficially owned financial
"for the aggregate number of shares of Common Stock and percentage of shares of Common Stock 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.

FAQ

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

How much of Senti Biosciences Holdings, Inc. (SNTI) do the Celadon-affiliated reporting persons claim to own?

The reporting persons disclose beneficial ownership of 25,748,890 shares of Senti common stock, representing 54.6% of the class, based on an assumed total of 47,116,644 shares outstanding including shares issuable upon exchange of Initial Notes.

What is the size and pricing basis of the new equity commitment for SNTI?

CPIF II-9 Limited commits to purchase newly issued Senti common stock for an aggregate $2,500,000, at a per share price equal to the “Minimum Price” under Nasdaq Listing Rule 5635(d). The number of shares equals $2,500,000 divided by this per share price, rounded down.

What conditions must be met before the $2.5 million equity commitment to SNTI is funded?

Funding requires the Closing of the Merger, Nasdaq’s receipt of a Nasdaq Compliance Plan, Senti retaining at least $600,000 in cash or equivalents post‑closing, Senti taking steps to maintain Nasdaq Capital Market listing, and execution of a registration rights agreement.

How does SNTI plan to use the proceeds from the equity commitment?

Senti plans to use substantially all of the proceeds from the sale of common stock under the Equity Commitment Letter to support its business following completion of the Merger.

What share count does the 54.6% ownership figure for SNTI rely on?

The 54.6% beneficial ownership is calculated using 47,116,644 shares of common stock, comprised of 31,144,754 shares outstanding as of July 31, 2026 and 15,971,890 shares assumed issued upon exchange of Initial Notes under a Securities Purchase Agreement.

Who are the reporting persons in this SNTI Schedule 13D/A amendment?

The reporting persons are Celadon Partners SPV 24, Celadon Partners, LLC, and CPIF II-7 Limited, each organized in the Cayman Islands, with voting and dispositive power over the same 25,748,890 Senti common shares reported.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates





816944102

(CUSIP Number)
Lin-Chun Huang
PO Box 500, Suite 210, 2nd Floor, Windward III Regatta Office Park
Grand Cayman, E9, KY1-1106
806-807-8889


Eleazer Klein, Esq.
McDermott Will & Schulte LLP, 919 Third Avenue
New York, NY, 10022
212-756-2000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
09/03/2026

(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




Comment for Type of Reporting Person:
Includes 15,971,890 shares of Common Stock assuming the issuance of the Initial Notes (as defined in Item 3 of the Schedule 13D) takes place on the date hereof, the requisite stockholder approval of the Issuer's stockholders is obtained, and immediate exchange of such Initial Notes for Common Stock pursuant to the Securities Purchase Agreement (as defined in Item 3 of the Schedule 13D).


SCHEDULE 13D




Comment for Type of Reporting Person:
Includes 15,971,890 shares of Common Stock assuming the issuance of the Initial Notes (as defined in Item 3 of the Schedule 13D) takes place on the date hereof, the requisite stockholder approval of the Issuer's stockholders is obtained, and immediate exchange of such Initial Notes for Common Stock pursuant to the Securities Purchase Agreement (as defined in Item 3 of the Schedule 13D).


SCHEDULE 13D




Comment for Type of Reporting Person:
Includes 15,971,890 shares of Common Stock assuming the issuance of the Initial Notes (as defined in Item 3 of the Schedule 13D) takes place on the date hereof, the requisite stockholder approval of the Issuer's stockholders is obtained, and immediate exchange of such Initial Notes for Common Stock pursuant to the Securities Purchase Agreement (as defined in Item 3 of the Schedule 13D).


SCHEDULE 13D


Celadon Partners SPV 24
Signature:/s/ John Cullinane
Name/Title:John Cullinane, Manager, Celadon Partners, LLC (as sole manager of Celadon Partners SPV 24)
Date:09/11/2026
Celadon Partners, LLC
Signature:/s/ John Cullinane
Name/Title:John Cullinane, Authorized Signatory
Date:09/11/2026
CPIF II-7 Limited
Signature:/s/ John Cullinane
Name/Title:John Cullinane, Authorized Signatory
Date:09/11/2026

Keep reading