STOCK TITAN

Surrozen (SRZN) major holder The Column Group discloses stakes up to 29.3%

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

Rhea-AI Filing Summary

Surrozen, Inc. received an updated Schedule 13D/A from venture firm The Column Group and affiliated funds and managers detailing their stakes in the company’s common stock. The filing reports that various Column Group entities and principals Tim Kutzkey and Peter Svennilson collectively report significant beneficial ownership positions, calculated to include shares and warrants exercisable within 60 days.

The Column Group III GP LP reports beneficial ownership of 2,962,544 shares, or 23.6% of the class, while Kutzkey and Svennilson each report 3,824,612 shares, or 29.3%. These amounts reflect current holdings, rights to acquire shares in the second tranche of a private placement, and certain warrants that are exercisable within 60 days, and exclude additional warrants that cannot be exercised within that period due to beneficial ownership limitations.

Positive

  • None.

Negative

  • None.
TCG III GP LP ownership 2,962,544 shares (23.6%) Beneficially owned Surrozen common stock reported in Amendment No. 6
TCG III LP ownership 1,391,340 shares (11.6%) Includes shares and warrants exercisable within 60 days
TCG III-A LP ownership 1,571,204 shares (13.0%) Beneficially owned Surrozen common stock including near-term rights
TCG Opportunity III LP ownership 862,068 shares (7.2%) Based on shares held and rights to acquire within 60 days
Kutzkey and Svennilson ownership 3,824,612 shares (29.3%) Each reports this beneficial stake across Column Group vehicles
Shares outstanding base 11,486,707 shares Surrozen common stock outstanding as of March 19, 2026 per Form 10-K
Ownership denominator (Kutzkey/Svennilson) 13,049,542 shares Outstanding shares plus Column Group rights exercisable within 60 days
beneficial ownership financial
"Each Reporting Person disclaims beneficial ownership of all securities reported in this Statement except to the extent of such Reporting Person's pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared Voting Power financial
"Shared Voting Power 3,824,612.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared Dispositive Power financial
"Shared Dispositive Power 2,962,544.00"
private placement transaction financial
"second tranche of the Issuer's private placement transaction as disclosed by the Issuer in the Form 8-K"
warrants financial
"warrants to purchase 5,218 shares of Common Stock held by TCG III LP which are exercisable within 60 days of this Statement"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
beneficial ownership limitations financial
"warrants ... which are not exercisable within 60 days of this Statement 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.





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)
03/31/2026

(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) 900,292 shares of Common Stock held of record by TCG III LP (as defined in Item 2(a) below), (ii) 485,830 shares of Common Stock which TCG III LP has the right to acquire within 60 days of this Statement in the second tranche of the Issuer's private placement transaction as disclosed by the Issuer in its Current Report on Form 8-K filed with the Commission on March 28, 2025 (the Form 8-K), (iii) warrants to purchase 5,218 shares of Common Stock held by TCG III LP which are exercisable within 60 days of this Statement, (iv) 1,016,658 shares of Common Stock held of record by TCG III-A LP (as defined in Item 2(a) below), (v) 548,653 shares of Common Stock which TCG III-A LP has the right to acquire within 60 days of this Statement in the second tranche of the Issuer's private placement transaction as disclosed by the Issuer in the Form 8-K and (vi) 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 12,532,301 shares outstanding, comprised of (i) 11,486,707 shares of Common Stock outstanding as of March 19, 2026, as reported by the Issuer (as defined in Item 1(b) below) in its annual report on Form 10-K filed with the Securities and Exchange Commission (the Commission) on March 23, 2026 (the Form 10-K), plus (ii) 485,830 shares of Common Stock which TCG III LP has the right to acquire within 60 days of this Statement, 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) 548,653 shares of Common Stock which TCG III-A LP has the right to acquire within 60 days of this Statement, plus (v) 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) 900,292 shares of Common Stock held of record by TCG III LP, (ii) 485,830 shares of Common Stock which TCG III LP has the right to acquire within 60 days of this Statement in the second tranche of the Issuer's private placement transaction as disclosed by the Issuer in the Form 8-K and (iii) 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 11,977,755 shares outstanding, comprised of (i) 11,486,707 shares of Common Stock outstanding as of March 19, 2026, as reported by the Issuer in the Form 10-K, plus (ii) 485,830 shares of Common Stock which TCG III LP has the right to acquire within 60 days of this Statement, 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) 1,016,658 shares of Common Stock held of record by TCG III-A LP, (ii) 548,653 shares of Common Stock which TCG III-A LP has the right to acquire within 60 days of this Statement in the second tranche of the Issuer's private placement transaction as disclosed by the Issuer in the Form 8-K and (iii) 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 12,041,253 shares outstanding, comprised of (i) 11,486,707 shares of Common Stock outstanding as of March 19, 2026, as reported by the Issuer in the Form 10-K, plus (ii) 548,653 shares of Common Stock which TCG III-A LP has the right to acquire within 60 days of this Statement, 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 (i) 344,827 shares of Common Stock held of record by TCG Opportunity III LP (as defined in Item 2(a)) and (ii) 517,241 shares of Common Stock which TCG Opportunity III LP has the right to acquire within 60 days of this Statement in the second tranche of the Issuer's private placement transaction as disclosed by the Issuer in the Form 8-K. 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 12,003,948 shares outstanding, comprised of (i) 11,486,707 shares of Common Stock outstanding as of March 19, 2026, as reported by the Issuer in the Form 10-K, plus (ii) 517,241 shares of Common Stock which TCG Opportunity III LP has the right to acquire within 60 days of this Statement.


SCHEDULE 13D




Comment for Type of Reporting Person:
Consists of (i) 344,827 shares of Common Stock held of record by TCG Opportunity III LP and (ii) 517,241 shares of Common Stock which TCG Opportunity III LP has the right to acquire within 60 days of this Statement in the second tranche of the Issuer's private placement transaction as disclosed by the Issuer in the Form 8-K. 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 12,003,948 shares outstanding, comprised of (i) 11,486,707 shares of Common Stock outstanding as of March 19, 2026, as reported by the Issuer in the Form 10-K, plus (ii) 517,241 shares of Common Stock which TCG Opportunity III LP has the right to acquire within 60 days of this Statement.


SCHEDULE 13D




Comment for Type of Reporting Person:
Consists of (i) 344,827 shares of Common Stock held of record by TCG Opportunity III LP and (ii) 517,241 shares of Common Stock which TCG Opportunity III LP has the right to acquire within 60 days of this Statement in the second tranche of the Issuer's private placement transaction as disclosed by the Issuer in the Form 8-K. 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 12,003,948 shares outstanding, comprised of (i) 11,486,707 shares of Common Stock outstanding as of March 19, 2026, as reported by the Issuer in the Form 10-K, plus (ii) 517,241 shares of Common Stock which TCG Opportunity III LP has the right to acquire within 60 days of this Statement.


SCHEDULE 13D




Comment for Type of Reporting Person:
Consists of (i) 900,292 shares of Common Stock held of record by TCG III LP, (ii) 485,830 shares of Common Stock which TCG III LP has the right to acquire within 60 days of this Statement in the second tranche of the Issuer's private placement transaction as disclosed by the Issuer in the Form 8-K, (iii) warrants to purchase 5,218 shares of Common Stock held by TCG III LP which are exercisable within 60 days of this Statement, (iv) 1,016,658 shares of Common Stock held of record by TCG III-A LP, (v) 548,653 shares of Common Stock which TCG III-A LP has the right to acquire within 60 days of this Statement in the second tranche of the Issuer's private placement transaction as disclosed by the Issuer in the Form 8-K, (vi) warrants to purchase 5,893 shares of Common Stock held by TCG III-A LP which are exercisable within 60 days of this Statement, (vii) 344,827 shares of Common Stock held of record by TCG Opportunity III LP and (viii) 517,241 shares of Common Stock which TCG Opportunity III LP has the right to acquire within 60 days of this Statement in the second tranche of the Issuer's private placement transaction as disclosed by the Issuer in the Form 8-K. 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) 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 13,049,542 shares outstanding, comprised of (i) 11,486,707 shares of Common Stock outstanding as of March 19, 2026, as reported by the Issuer in the Form 10-K, plus (ii) 485,830 shares of Common Stock which TCG III LP has the right to acquire within 60 days of this Statement, 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) 548,653 shares of Common Stock which TCG III-A LP has the right to acquire within 60 days of this Statement, plus (v) 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, plus (vi) 517,241 shares of Common Stock which TCG Opportunity III LP has the right to acquire within 60 days of this Statement.


SCHEDULE 13D




Comment for Type of Reporting Person:
Consists of (i) 900,292 shares of Common Stock held of record by TCG III LP, (ii) 485,830 shares of Common Stock which TCG III LP has the right to acquire within 60 days of this Statement in the second tranche of the Issuer's private placement transaction as disclosed by the Issuer in the Form 8-K, (iii) warrants to purchase 5,218 shares of Common Stock held by TCG III LP which are exercisable within 60 days of this Statement, (iv) 1,016,658 shares of Common Stock held of record by TCG III-A LP, (v) 548,653 shares of Common Stock which TCG III-A LP has the right to acquire within 60 days of this Statement in the second tranche of the Issuer's private placement transaction as disclosed by the Issuer in the Form 8-K, (vi) warrants to purchase 5,893 shares of Common Stock held by TCG III-A LP which are exercisable within 60 days of this Statement, (vii) 344,827 shares of Common Stock held of record by TCG Opportunity III LP and (viii) 517,241 shares of Common Stock which TCG Opportunity III LP has the right to acquire within 60 days of this Statement in the second tranche of the Issuer's private placement transaction as disclosed by the Issuer in the Form 8-K. 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) 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 13,049,542 shares outstanding, comprised of (i) 11,486,707 shares of Common Stock outstanding as of March 19, 2026, as reported by the Issuer in the Form 10-K, plus (ii) 485,830 shares of Common Stock which TCG III LP has the right to acquire within 60 days of this Statement, 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) 548,653 shares of Common Stock which TCG III-A LP has the right to acquire within 60 days of this Statement, plus (v) 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, plus (vi) 517,241 shares of Common Stock which TCG Opportunity III LP has the right to acquire 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:05/15/2026
The Column Group III, LP
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:05/15/2026
The Column Group III-A, LP
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:05/15/2026
The Column Group Opportunity III, LP
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:05/15/2026
The Column Group Opportunity III GP, LP
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:05/15/2026
TCG Opportunity III GP, LLC
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:05/15/2026
Tim Kutzkey
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:05/15/2026
Peter Svennilson
Signature:/s/ James Evangelista
Name/Title:James Evangelista, Attorney-in-Fact
Date:05/15/2026

FAQ

What ownership stake does The Column Group report in Surrozen (SRZN)?

The Column Group III GP LP reports beneficial ownership of 2,962,544 Surrozen shares, representing 23.6% of the common stock. This figure includes shares and warrants exercisable within 60 days and rights to acquire shares from a private placement tranche.

How much of Surrozen’s stock do Tim Kutzkey and Peter Svennilson report owning?

Tim Kutzkey and Peter Svennilson each report beneficial ownership of 3,824,612 Surrozen shares, or 29.3% of the class. Their reported stakes aggregate holdings and near-term exercisable rights across several Column Group funds.

How are Surrozen’s outstanding shares calculated in this Schedule 13D/A?

The filing cites 11,486,707 Surrozen shares outstanding as of March 19, 2026, from the company’s Form 10-K. It then adds specific shares and warrant shares the Column Group entities can acquire within 60 days to derive ownership percentage denominators.

What role do warrants play in The Column Group’s Surrozen stake?

The Column Group funds hold warrants to acquire Surrozen shares, some exercisable within 60 days and included in beneficial ownership. Additional warrants, such as those for 594,625 and 671,518 shares in certain funds, are excluded because beneficial ownership limits prevent exercise within 60 days.

What is the connection between the private placement and these Surrozen ownership figures?

The filing includes shares that Column Group funds have the right to acquire in the second tranche of Surrozen’s private placement disclosed in a Form 8-K. These near-term acquisition rights are counted in beneficial ownership and affect the reported percentages.

Are The Column Group entities classified as investment firms in this Surrozen filing?

Yes. The filing states that TCG III LP, TCG III-A LP and TCG Opportunity III LP are venture capital investment entities. They acquire, hold and dispose of interests in various companies, including Surrozen, for investment purposes.