Tyra Biosciences: RA Capital buys 9,078,529 warrants
Tyra Biosciences, Inc. (TYRA) had a large insider-related purchase of derivative securities reported by RA Capital–affiliated entities.
Rhea-AI Filing Summary
Tyra Biosciences, Inc. (TYRA) had a large insider-related purchase of derivative securities reported by RA Capital–affiliated entities. They purchased 9,078,529 Pre-Funded Warrants, each exercisable for one share of common stock at an exercise price of $0.001 per share, for $22.029 per warrant in an open-market or private transaction on September 15, 2026. The warrants are exercisable immediately, have no expiration date, and include a 19.99% beneficial ownership cap on post-exercise common stock. The position is held indirectly through RA Capital Healthcare Fund LP, and the investment manager and its principals disclaim beneficial ownership except to the extent of their pecuniary interest. No Rule 10b5-1 trading plan is reported.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Pre-Funded Warrants (Right to Buy) F1, F2, F3 | 9,078,529 | $22.029 | $199.99M |
Footnotes (3)
- F1. The Pre-Funded Warrants have no expiration date and are exercisable immediately. Notwithstanding the foregoing, the Reporting Persons shall not be entitled to exercise the Pre-Funded Warrants to the extent that it would cause the aggregate number of shares of Common Stock beneficially owned by the Reporting Persons, their affiliates and any persons who are members of a Section 13(d) group with the Reporting Persons or their affiliates to exceed 19.99% of the total number of issued and outstanding shares of Common Stock of the Issuer following such exercise.
- F2. RA Capital Management, L.P. (the "Adviser") is the investment manager for RA Capital Healthcare Fund, L.P. (the "Fund"), RA Capital Nexus Fund, L.P. (the "Nexus Fund"), and a separately managed account (the "Account"). The general partner of the Adviser is RA Capital Management GP, LLC (the "Adviser GP"), of which Dr. Peter Kolchinsky and Mr. Rajeev Shah are the managing members. The Adviser, the Adviser GP, Dr. Kolchinsky, and Mr. Shah disclaim beneficial ownership of any of the reported securities, except to the extent of their pecuniary interest therein.
- F3. Held directly by the Fund.
Key Figures
Key Terms
Pre-Funded Warrants financial
beneficial ownership financial
Section 13(d) group regulatory
pecuniary interest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction in TYRA did RA Capital report on this Form 4?
What do the pre-funded warrants reported for TYRA allow the holder to do?
How many pre-funded warrants in TYRA does the RA Capital fund hold after this transaction?
Is there a beneficial ownership limitation on exercising the TYRA pre-funded warrants?
Were the TYRA warrant purchases made under a Rule 10b5-1 trading plan?
Who actually holds the TYRA pre-funded warrants reported by RA Capital?
AI-generated analysis. How Rhea-AI works. Not financial advice.