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Deep Track group reports 5.17% stake in Shattuck Labs (STTK) via warrants

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

Rhea-AI Filing Summary

Shattuck Labs ownership filing: Deep Track Capital, LP; Deep Track Biotechnology Master Fund, Ltd.; and David Kroin report beneficial ownership of 5,000,033 shares of Common Stock, representing 5.17% of the class as reported in the cover data. The calculation uses 96,801,464 shares (based on 95,508,165 outstanding as of June 11, 2026 plus 1,293,299 Pre‑Funded Warrants). The Pre‑Funded Warrants are exercisable subject to a 9.99% ownership limitation.

Positive

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Insights

Schedules 13G show passive/beneficial ownership above 5%.

Deep Track entities and David Kroin are disclosed as beneficial owners of 5,000,033 shares, or 5.17%, using the filing's stated denominator of 96,801,464 shares. The filing attributes shared voting and dispositive power for that amount.

The filing also states inclusion of 1,293,299 Pre‑Funded Warrants that are exercisable subject to a 9.99% Maximum Percentage, and notes the issuer will not effect exercises that would exceed that cap. Subsequent filings would show any change in holdings.

Pre‑Funded Warrants drive the computation and the ownership cap matters.

The ownership percentage is computed using an aggregate of common shares and Pre‑Funded Warrants (96,801,464), per the excerpt. The warrants are exercisable into common stock but limited by a 9.99% cap that the issuer enforces.

Cash‑flow treatment and any planned exercises are not described here; filings or amendments would be needed to disclose changes to the registered position or exercise activity.

Shares beneficially owned 5,000,033 shares ownership reported as of June 17, 2026
Percent of class 5.17% calculated using 96,801,464 shares
Denominator used 96,801,464 shares 95,508,165 outstanding as of June 11, 2026 plus 1,293,299 Pre‑Funded Warrants
Common shares outstanding (as stated) 95,508,165 shares outstanding as of June 11, 2026 per issuer prospectus
Pre‑Funded Warrants included 1,293,299 warrants exercisable to common shares subject to cap
Maximum Percentage cap 9.99% exercise limitation on Pre‑Funded Warrants
Pre‑Funded Warrants financial
"The beneficially owned shares include 1,293,299 Pre‑Funded Warrants exercisable to common shares"
Pre-funded warrants are a type of security that lets an investor buy a company’s common shares later by paying almost the full price up front; the tiny remaining exercise amount is paid when the warrant is converted into a share. Think of it like prepaying for a gift card that you can redeem for a stock: the issuer gets cash now and the investor can convert later. They matter to investors because conversion increases the number of outstanding shares (dilution) and can be used to manage ownership thresholds and regulatory or timing constraints.
Beneficially owned regulatory
"Amount beneficially owned: 5,000,033 (b) Percent of class: 5.17%"
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.
Shared dispositive power regulatory
"Shared Dispositive Power 5,000,033.00"
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FAQ

What stake does Deep Track report in Shattuck Labs (STTK)?

Deep Track reports beneficial ownership of 5,000,033 shares, equal to 5.17% of the class. This figure is calculated using 96,801,464 shares, per the filing's stated denominator.

How did the filing compute the 5.17% ownership for STTK?

The percentage uses a base of 96,801,464 shares, derived from 95,508,165 common shares outstanding as of June 11, 2026 plus 1,293,299 Pre‑Funded Warrants included in the calculation.

Are Pre‑Funded Warrants included in Deep Track's reported holdings?

Yes. The filing includes 1,293,299 Pre‑Funded Warrants exercisable into common stock and counts them toward the beneficial ownership calculation under the stated mechanics.

Is there a limit on exercising the Pre‑Funded Warrants reported in STTK?

The Pre‑Funded Warrants are subject to a 9.99% Maximum Percentage; the issuer will not effect exercise that would cause the holder to exceed 9.99% of outstanding common stock after exercise.

Who filed the Schedule 13G for Shattuck Labs and who signed it?

The filing is joint by Deep Track Capital, LP, Deep Track Biotechnology Master Fund, Ltd., and David Kroin. The signatures show David Kroin signing in his roles on June 17, 2026.





82024L103

(CUSIP Number)
06/10/2026

(Date of Event Which Requires Filing of this Statement)


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)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Deep Track Capital, LP
Signature:/s/ David Kroin
Name/Title:David Kroin, Managing Member of the General Partner of the Investment Adviser
Date:06/17/2026
Deep Track Biotechnology Master Fund, Ltd.
Signature:/s/ David Kroin
Name/Title:David Kroin, Director
Date:06/17/2026
David Kroin
Signature:/s/ David Kroin
Name/Title:David Kroin
Date:06/17/2026
Exhibit Information

Item 4: Information with respect to the Reporting Persons' ownership of the Common Stock as of June 17, 2026, is incorporated by reference to items (5) - (9) and (11) of the cover page of the respective Reporting Person. The amount beneficially owned by each Reporting Person is determined using 96,801,464 shares, calculated using 95,508,165 Common Stock outstanding as of June 11, 2026, according to the issuer's Prospectus filed with the SEC on June 11, 2026 and 1,293,299 Pre-Funded Warrants that would be converted to Common Stock by the Reporting Person up to the Maximum Percentage. The beneficially owned shares include 1,293,299 Pre-Funded Warrants exercisable to common shares, subject to a 9.99% Maximum Percentage exercise limitation. The Issuer shall not effect the exercise of any portion of the Pre-Funded Warrants, to the extent that after giving effect to such exercise, the holder collectively would beneficially own in excess of 9.99% (the "Maximum Percentage") of the number of Common Stock outstanding immediately after giving effect to such exercise. JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on SCHEDULE 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on SCHEDULE 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: June 17, 2026 Deep Track Capital, LP By: /s/ David Kroin David Kroin, Managing Member of the General Partner of the Investment Adviser Deep Track Biotechnology Master Fund, Ltd. By: /s/ David Kroin David Kroin, Director David Kroin By: /s/ David Kroin David Kroin