STOCK TITAN

Surrozen: Kutzkey reports 21.5% beneficial stake

Each partnership's units paired common shares with Series E Common Warrants at a stated price of $11.60 per unit.

(Moderate)

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Surrozen, Inc. (SRZN)'s October 20, 2026 private placement included unit purchases by three venture-capital partnerships. The Column Group III, LP purchased 485,830 common shares and 242,915 Series E Common Warrants for $11.60 per unit, or $5,635,628.00 in aggregate. The Column Group III-A, LP purchased 548,653 shares and 274,327 warrants for $11.60 per unit, or $6,364,374.80 in aggregate. The Column Group Opportunity III, LP purchased 517,241 shares and 258,620 warrants for $11.60 per unit, or $5,999,995.60 in aggregate.

Tim Kutzkey, a member of Surrozen's board of directors, and Peter Svennilson, a managing partner of The Column Group III GP, LP and managing member of TCG Opportunity III GP, LLC, are each listed as beneficially owning 3,824,612 shares, or 21.5%, with shared voting and dispositive power through affiliated entities. The statement says they may be deemed to share that power and disclaim beneficial ownership except to the extent of their pecuniary interests.

Filing Explained

The amendment’s beneficial-ownership calculation includes warrants exercisable within 60 days but excludes the funds’ warrants that cannot be exercised because of beneficial-ownership limits; those excluded warrants are not counted in the reported stake.

The Column Group III, LP purchase $5,635,628.00; 485,830 common shares and 242,915 Series E Common Warrants Private placement purchase on October 20, 2026
The Column Group III-A, LP purchase $6,364,374.80; 548,653 common shares and 274,327 Series E Common Warrants Private placement purchase on October 20, 2026
The Column Group Opportunity III, LP purchase $5,999,995.60; 517,241 common shares and 258,620 Series E Common Warrants Private placement purchase on October 20, 2026
Purchase price $11.60 per unit Private placement purchases on October 20, 2026
Shares issued in second tranche 6,043,321 shares Private placement second tranche, October 20, 2026
Series E Common Warrants financial
"units comprised of shares of Common Stock and Series E Common Warrants"
beneficial ownership limitations regulatory
"not exercisable within 60 days ... due to beneficial ownership limitations"
Beneficial ownership limitations are rules or contractual caps that restrict how much of a company’s stock an individual or entity can be treated as owning or controlling for legal, regulatory or corporate-governance purposes. They matter to investors because such limits affect voting power, reporting obligations, takeover risk and the ability to increase a stake — like an elevator weight limit or a lane divider that prevents any one car from taking over the whole road.
dispositive power regulatory
"may be deemed to have voting, investment and dispositive power"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
pecuniary interest financial
"except to the extent of such Reporting Person's pecuniary interest therein"

FAQ

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

What did the Column Group funds buy in SRZN's October 20 private placement?

On October 20, 2026, The Column Group III, LP purchased 485,830 common shares and 242,915 Series E Common Warrants for $5,635,628.00; The Column Group III-A, LP purchased 548,653 shares and 274,327 warrants for $6,364,374.80; and The Column Group Opportunity III, LP purchased 517,241 shares and 258,620 warrants for $5,999,995.60. Each purchase was priced at $11.60 per unit.

How many SRZN shares are Tim Kutzkey and Peter Svennilson listed as beneficially owning?

Tim Kutzkey, a member of Surrozen's board of directors, and Peter Svennilson, a managing partner of The Column Group III GP, LP and managing member of TCG Opportunity III GP, LLC, are each listed with 3,824,612 beneficially owned shares, or 21.5%. They may be deemed to share voting and dispositive power through affiliated entities and disclaim beneficial ownership except to the extent of their pecuniary interests.

Why were some warrants excluded from SRZN beneficial ownership calculations?

The statement excludes warrants to purchase 594,625 shares held by The Column Group III, LP, 671,518 shares held by The Column Group III-A, LP, and 431,034 shares held by The Column Group Opportunity III, LP because they are not exercisable within 60 days due to beneficial ownership limitations.

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

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86889P208

(CUSIP Number)
James Evangelista, CFO
The Column Group III, LP, 1 Letterman Drive, Building D, Suite M-9
San Francisco, CA, 94129
(415) 865-2050

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
10/20/2026

(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:
Consists of (i) 1,386,122 shares of Common Stock held of record by TCG III LP (as defined in Item 2(a) below), (ii) warrants to purchase 5,218 shares of Common Stock held by TCG III LP which are exercisable within 60 days of this Statement, (iii) 1,565,311 shares of Common Stock held of record by TCG III-A LP (as defined in Item 2(a) below) and (iv) warrants to purchase 5,893 shares of Common Stock held by TCG III-A LP which are exercisable within 60 days of this Statement. TCG III GP LP is the general partner of each of TCG III LP and TCG III-A LP and may be deemed to have voting, investment and dispositive power with respect to these securities. Peter Svennilson and Tim Kutzkey, a member of the Issuer's board of directors, are the managing partners of TCG III GP LP and may each be deemed to share voting, investment and dispositive power with respect to these securities. Excludes (a) warrants to purchase 594,625 shares of Common Stock held by TCG III LP which are not exercisable within 60 days of this Statement due to beneficial ownership limitations and (b) warrants to purchase 671,518 shares of Common Stock held by TCG III-A LP which are not exercisable within 60 days of this Statement due to beneficial ownership limitations. Based on 17,807,990 shares outstanding, comprised of (i) 11,753,558 shares of Common Stock outstanding as of August 4, 2026, as reported by the Issuer (as defined in Item 1(b) below) in its quarterly report on Form 10-Q filed with the Securities and Exchange Commission (the Commission) on August 6, 2026 (the Form 10-Q), plus (ii) 6,043,321 shares of Common Stock issued in the the second tranche of the Issuer's private placement which closed on October 20, 2026 (the Private Placement), as disclosed to the Reporting Persons by the Issuer, plus (iii) 5,218 shares underlying warrants to purchase shares of Common Stock held by TCG III LP which are exercisable within 60 days of this Statement, plus (iv) 5,893 shares underlying warrants to purchase shares of Common Stock held by TCG III-A LP which are exercisable within 60 days of this Statement.


SCHEDULE 13D




Comment for Type of Reporting Person:
Consists of (i) 1,386,122 shares of Common Stock held of record by TCG III LP and (ii) warrants to purchase 5,218 shares of Common Stock held by TCG III LP which are exercisable within 60 days of this Statement. TCG III GP LP is the general partner of TCG III LP and may be deemed to have voting, investment and dispositive power with respect to these securities. Peter Svennilson and Tim Kutzkey, a member of the Issuer's board of directors, are the managing partners of TCG III GP LP and may each be deemed to share voting, investment and dispositive power with respect to these securities. Excludes warrants to purchase 594,625 shares of Common Stock held by TCG III LP which are not exercisable within 60 days of this Statement due to beneficial ownership limitations. Based on 17,802,097 shares outstanding, comprised of (i) 11,753,558 shares of Common Stock outstanding as of August 4, 2026, as reported by the Issuer in the Form 10-Q, plus (ii) 6,043,321 shares of Common Stock issued in the Private Placement, as disclosed to the Reporting Persons by the Issuer, plus (iii) 5,218 shares underlying warrants to purchase shares of Common Stock held by TCG III LP which are exercisable within 60 days of this Statement.


SCHEDULE 13D




Comment for Type of Reporting Person:
Consists of (i) 1,565,311 shares of Common Stock held of record by TCG III-A LP and (ii) warrants to purchase 5,893 shares of Common Stock held by TCG III-A LP which are exercisable within 60 days of this Statement. TCG III GP LP is the general partner of TCG III-A LP and may be deemed to have voting, investment and dispositive power with respect to these securities. Peter Svennilson and Tim Kutzkey, a member of the Issuer's board of directors, are the managing partners of TCG III GP LP and may each be deemed to share voting, investment and dispositive power with respect to these securities. Excludes warrants to purchase 671,518 shares of Common Stock held by TCG III-A LP which are not exercisable within 60 days of this Statement due to beneficial ownership limitations. Based on 17,802,772 shares outstanding, comprised of (i) 11,753,558 shares of Common Stock outstanding as of August 4, 2026, as reported by the Issuer in the Form 10-Q, plus (ii) 6,043,321 shares of Common Stock issued in the Private Placement, as disclosed to the Reporting Persons by the Issuer, plus (iii) 5,893 shares underlying warrants to purchase shares of Common Stock held by TCG III-A LP which are exercisable within 60 days of this Statement.


SCHEDULE 13D




Comment for Type of Reporting Person:
Consists of 862,068 shares of Common Stock held of record by TCG Opportunity III LP (as defined in Item 2(a)). TCG Opportunity III GP LP (as defined in Item 2(a)) is the general partner of TCG Opportunity III LP and may be deemed to have voting, investment and dispositive power with respect to these securities. TCG Opportunity III GP LLC (as defined in Item 2(a)) is the general partner of TCG Opportunity III GP LP and the ultimate general partner of TCG Opportunity III LP and may be deemed to have voting, investment and dispositive power with respect to these securities. Peter Svennilson and Tim Kutzkey, a member of the Issuer's board of directors, are the managing members of TCG Opportunity III GP LLC and may each be deemed to share voting, investment and dispositive power with respect to these securities. Excludes warrants to purchase 431,034 shares of Common Stock held by TCG Opportunity III LP which are not exercisable within 60 days of this Statement due to beneficial ownership limitations. Based on 17,796,879 shares outstanding, comprised of (i) 11,753,558 shares of Common Stock outstanding as of August 4, 2026, as reported by the Issuer in the Form 10-Q, plus (ii) 6,043,321 shares of Common Stock issued in the Private Placement, as disclosed to the Reporting Persons by the Issuer.


SCHEDULE 13D




Comment for Type of Reporting Person:
Consists of 862,068 shares of Common Stock held of record by TCG Opportunity III LP. TCG Opportunity III GP LP is the general partner of TCG Opportunity III LP and may be deemed to have voting, investment and dispositive power with respect to these securities. TCG Opportunity III GP LLC is the general partner of TCG Opportunity III GP LP and the ultimate general partner of TCG Opportunity III LP and may be deemed to have voting, investment and dispositive power with respect to these securities. Peter Svennilson and Tim Kutzkey, a member of the Issuer's board of directors, are the managing members of TCG Opportunity III GP LLC and may each be deemed to share voting, investment and dispositive power with respect to these securities. Excludes warrants to purchase 431,034 shares of Common Stock held by TCG Opportunity III LP which are not exercisable within 60 days of this Statement due to beneficial ownership limitations. Based on 17,796,879 shares outstanding, comprised of (i) 11,753,558 shares of Common Stock outstanding as of August 4, 2026, as reported by the Issuer in the Form 10-Q, plus (ii) 6,043,321 shares of Common Stock issued in the Private Placement, as disclosed to the Reporting Persons by the Issuer.


SCHEDULE 13D




Comment for Type of Reporting Person:
Consists of 862,068 shares of Common Stock held of record by TCG Opportunity III LP. TCG Opportunity III GP LP is the general partner of TCG Opportunity III LP and may be deemed to have voting, investment and dispositive power with respect to these securities. TCG Opportunity III GP LLC is the general partner of TCG Opportunity III GP LP and the ultimate general partner of TCG Opportunity III LP and may be deemed to have voting, investment and dispositive power with respect to these securities. Peter Svennilson and Tim Kutzkey, a member of the Issuer's board of directors, are the managing members of TCG Opportunity III GP LLC and may each be deemed to share voting, investment and dispositive power with respect to these securities. Excludes warrants to purchase 431,034 shares of Common Stock held by TCG Opportunity III LP which are not exercisable within 60 days of this Statement due to beneficial ownership limitations. Based on 17,796,879 shares outstanding, comprised of (i) 11,753,558 shares of Common Stock outstanding as of August 4, 2026, as reported by the Issuer in the Form 10-Q, plus (ii) 6,043,321 shares of Common Stock issued in the Private Placement, as disclosed to the Reporting Persons by the Issuer.


SCHEDULE 13D




Comment for Type of Reporting Person:
Consists of (i) 1,386,122 shares of Common Stock held of record by TCG III LP, (ii) warrants to purchase 5,218 shares of Common Stock held by TCG III LP which are exercisable within 60 days of this Statement, (iii) 1,565,311 shares of Common Stock held of record by TCG III-A LP, (iv) warrants to purchase 5,893 shares of Common Stock held by TCG III-A LP which are exercisable within 60 days of this Statement and (v) 862,068 shares of Common Stock held of record by TCG Opportunity III LP. TCG III GP LP is the general partner of each of TCG III LP and TCG III-A LP and may be deemed to have voting, investment and dispositive power with respect to these securities. TCG Opportunity III GP LP is the general partner of TCG Opportunity III LP and may be deemed to have voting, investment and dispositive power with respect to the securities held by TCG Opportunity III LP. TCG Opportunity III GP LLC is the general partner of TCG Opportunity III GP LP and the ultimate general partner of TCG Opportunity III LP and may be deemed to have voting, investment and dispositive power with respect to the securities held by TCG Opportunity III LP. Peter Svennilson and Tim Kutzkey, a member of the Issuer's board of directors, are the managing partners of TCG III GP LP and the managing members of TCG Opportunity III GP LLC and may each be deemed to share voting, investment and dispositive power with respect to these securities. Excludes (a) warrants to purchase 594,625 shares of Common Stock held by TCG III LP which are not exercisable within 60 days of this Statement due to beneficial ownership limitations, (b) warrants to purchase 671,518 shares of Common Stock held by TCG III-A LP which are not exercisable within 60 days of this Statement due to beneficial ownership limitations and (c) warrants to purchase 431,034 shares of Common Stock held by TCG Opportunity III LP which are not exercisable within 60 days of this Statement due to beneficial ownership limitations. Based on 17,807,990 shares outstanding, comprised of (i) 11,753,558 shares of Common Stock outstanding as of August 4, 2026, as reported by the Issuer in the Form 10-Q, plus (ii) 6,043,321 shares of Common Stock issued in the Private Placement, as disclosed to the Reporting Persons by the Issuer, plus (iii) 5,218 shares underlying warrants to purchase shares of Common Stock held by TCG III LP which are exercisable within 60 days of this Statement, plus (iv) 5,893 shares underlying warrants to purchase shares of Common Stock held by TCG III-A LP which are exercisable within 60 days of this Statement.


SCHEDULE 13D




Comment for Type of Reporting Person:
Consists of (i) 1,386,122 shares of Common Stock held of record by TCG III LP, (ii) warrants to purchase 5,218 shares of Common Stock held by TCG III LP which are exercisable within 60 days of this Statement, (iii) 1,565,311 shares of Common Stock held of record by TCG III-A LP, (iv) warrants to purchase 5,893 shares of Common Stock held by TCG III-A LP which are exercisable within 60 days of this Statement and (v) 862,068 shares of Common Stock held of record by TCG Opportunity III LP. TCG III GP LP is the general partner of each of TCG III LP and TCG III-A LP and may be deemed to have voting, investment and dispositive power with respect to these securities. TCG Opportunity III GP LP is the general partner of TCG Opportunity III LP and may be deemed to have voting, investment and dispositive power with respect to the securities held by TCG Opportunity III LP. TCG Opportunity III GP LLC is the general partner of TCG Opportunity III GP LP and the ultimate general partner of TCG Opportunity III LP and may be deemed to have voting, investment and dispositive power with respect to the securities held by TCG Opportunity III LP. Peter Svennilson and Tim Kutzkey, a member of the Issuer's board of directors, are the managing partners of TCG III GP LP and the managing members of TCG Opportunity III GP LLC and may each be deemed to share voting, investment and dispositive power with respect to these securities. Excludes (a) warrants to purchase 594,625 shares of Common Stock held by TCG III LP which are not exercisable within 60 days of this Statement due to beneficial ownership limitations, (b) warrants to purchase 671,518 shares of Common Stock held by TCG III-A LP which are not exercisable within 60 days of this Statement due to beneficial ownership limitations and (c) warrants to purchase 431,034 shares of Common Stock held by TCG Opportunity III LP which are not exercisable within 60 days of this Statement due to beneficial ownership limitations. Based on 17,807,990 shares outstanding, comprised of (i) 11,753,558 shares of Common Stock outstanding as of August 4, 2026, as reported by the Issuer in the Form 10-Q, plus (ii) 6,043,321 shares of Common Stock issued in the Private Placement, as disclosed to the Reporting Persons by the Issuer, plus (iii) 5,218 shares underlying warrants to purchase shares of Common Stock held by TCG III LP which are exercisable within 60 days of this Statement, plus (iv) 5,893 shares underlying warrants to purchase shares of Common Stock held by TCG III-A LP which are exercisable within 60 days of this Statement.


SCHEDULE 13D


The Column Group III GP, LP
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:10/22/2026
The Column Group III, LP
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:10/22/2026
The Column Group III-A, LP
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:10/22/2026
The Column Group Opportunity III, LP
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:10/22/2026
The Column Group Opportunity III GP, LP
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:10/22/2026
TCG Opportunity III GP, LLC
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:10/22/2026
Tim Kutzkey
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:10/22/2026
Peter Svennilson
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:10/22/2026

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