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Nextech Crossover reports 7.27M-share stake in Tango Therapeutics (TNGX)

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

Rhea-AI Filing Summary

Tango Therapeutics, Inc. Schedule 13G/A reports that Nextech Crossover I SCSp and related reporting persons beneficially own 7,266,081 shares of common stock as of March 31, 2026. The filing states this represents 5.1% of the issuer's outstanding shares, based on 142,688,851 shares outstanding as of February 26, 2026. The cover rows show that Nextech Crossover I SCSp directly holds the shares, Nextech Crossover I GP S.a. r.l. is the general partner, and Ian Charoub, Costas Constantinides and Rocco Sgobbo have the power to direct voting and disposition of those securities. The Reporting Persons expressly disclaim status as a 'group.'

Positive

  • None.

Negative

  • None.

Insights

Disclosure clarifies ownership and control of a 5.1% stake.

The filing documents that 7,266,081 shares are held by Nextech Crossover I SCSp with voting and dispositive power exercisable via the GP and named managers as of March 31, 2026. The percentage uses the issuer's stated outstanding share count as of February 26, 2026.

Because the Reporting Persons disclaim being a "group," governance implications remain tied to the GP/manager structure. Subsequent filings could show changes; timing and cash‑flow treatment are not specified in the excerpt.

Routine beneficial‑ownership amendment, useful for cap table transparency.

The amendment updates beneficial‑ownership rows and confirms who holds sole voting/dispositive power over the disclosed shares. Signatures dated May 15, 2026 complete the amendment.

This is a disclosure event rather than a transaction; it documents existing holdings and governance allocation rather than reporting an acquisition or disposition.

Shares beneficially owned 7,266,081 shares Beneficial ownership as of March 31, 2026
Percent of class 5.1% Based on 142,688,851 shares outstanding as of February 26, 2026
Shares outstanding (base) 142,688,851 shares Outstanding shares as reported in Form 10‑K filed March 5, 2026 (as of February 26, 2026)
Filing signature date May 15, 2026 Amendment signatures dated May 15, 2026
beneficially owned regulatory
"Row 9 of each Reporting Person's cover page to this sets forth the aggregate number 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.
sole dispositive power regulatory
"Row 7 of each Reporting Person's cover page ... sets forth the sole power to dispose or to direct the disposition"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G/A regulatory
"Item 1. (a) Name of issuer: Tango Therapeutics, Inc. ... Schedule 13G/A"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
general partner financial
"Nextech Crossover GP serves as the sole general partner of Nextech Crossover LP"
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.





87583X109

(CUSIP Number)
03/31/2026

(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





SCHEDULE 13G





SCHEDULE 13G



Nextech Crossover I GP S.a. r.l.
Signature:/s/ Ian Charoub
Name/Title:By Ian Charoub, Manager
Date:05/15/2026
Signature:/s/ Costas Constantinides
Name/Title:By Costas Constantinides, Manager
Date:05/15/2026
Nextech Crossover I SCSp
Signature:/s/ Ian Charoub
Name/Title:By Nextech Crossover I GP S.a r.l., its General Partner, By Ian Charoub, Manager
Date:05/15/2026
Signature:/s/ Costas Constantinides
Name/Title:By Nextech Crossover I GP S.a r.l., its General Partner, By Costas Constantinides, Manager
Date:05/15/2026
Ian Charoub
Signature:/s/ Ian Charoub
Name/Title:Ian Charoub
Date:05/15/2026
Costas Constantinides
Signature:/s/ Costas Constantinides
Name/Title:Costas Constantinides
Date:05/15/2026
Rocco Sgobbo
Signature:/s/ Rocco Sgobbo
Name/Title:Rocco Sgobbo
Date:05/15/2026
Exhibit Information

Exhibit 99.1 Joint Filing Agreement (incorporated by reference to Exhibit A to the Schedule 13G filed by the Reporting Persons with the SEC on August 21, 2023).

FAQ

What stake does Nextech Crossover report in Tango Therapeutics (TNGX)?

The filing states 7,266,081 shares are beneficially owned by Nextech Crossover I SCSp, representing 5.1% of common stock based on 142,688,851 shares outstanding as of February 26, 2026.

As of what date are the 7,266,081 shares reported?

The Schedule 13G/A shows the aggregate ownership number as of March 31, 2026. The outstanding‑share base used for the percentage is dated February 26, 2026.

Who has voting and disposition power over these shares?

Nextech Crossover I SCSp directly holds the shares; Nextech Crossover I GP S.a. r.l. is its general partner, and managers Ian Charoub, Costas Constantinides and Rocco Sgobbo have power to direct voting and disposition.

Does the filing say the reporting persons form a group?

The filing expressly states that the Reporting Persons "expressly disclaim status as a 'group'", indicating they do not assert group status for Section 13 purposes in this amendment.

When was the amendment signed?

Signatures on the amendment are dated May 15, 2026, which completes the filing's executed certification of the reported ownership information.