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Xilio Therapeutics: Coastlands reports 9.99% stake

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Xilio Therapeutics, Inc. (XLO) common stock is covered by an amended ownership report: Coastlands Capital LP, Coastlands Capital Partners LP, Coastlands Capital GP LLC, Coastlands Capital LLC and Matthew D. Perry each report shared beneficial ownership of 731,573 shares, or 9.99%. The amount includes common shares and shares issuable upon exercise of pre-funded warrants. Each reports shared voting and dispositive power, with no sole voting or dispositive power.

The ownership calculation uses 7,063,982 shares outstanding as of November 6, 2026, plus shares issuable upon exercise of pre-funded warrants, subject to a 9.99% beneficial ownership limitation. The reporting persons say the amendment reflects Xilio's reverse stock split and transactions in common stock.

Beneficial ownership reported by each reporting person 731,573 shares Shared beneficial ownership of Xilio common stock
Reported percentage of class 9.99% Percentage represented by the reported beneficial ownership
Common shares outstanding 7,063,982 shares As of November 6, 2026; basis for the ownership calculation, plus shares issuable upon exercise of pre-funded warrants
Beneficial ownership limitation for warrants 4.99% Limit for warrants, as distinguished from the 9.99% limit for pre-funded warrants
pre-funded warrants technical
"shares of Common Stock issuable upon the exercise of pre-funded warrants"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
beneficial ownership limitation regulatory
"subject to the beneficial ownership limitation of 9.99%"
A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.
shared dispositive power regulatory
"Shared Dispositive Power 731,573.00"

FAQ

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

How many XLO shares do Coastlands and Matthew D. Perry report owning?

Each of the five reporting persons reports 731,573 shares of Xilio common stock, representing 9.99% of the class. The reported amount is shared among the reporting persons and is not five separate holdings.

How is the reported XLO ownership percentage calculated?

The calculation uses 7,063,982 shares outstanding as of November 6, 2026, plus shares issuable upon exercise of pre-funded warrants, subject to a 9.99% beneficial ownership limitation. The reporting persons exclude shares issuable under pre-funded warrants and warrants above the respective 9.99% and 4.99% beneficial ownership limitations.

Who holds the XLO shares for the benefit of investors?

Coastlands Capital Partners LP holds the common stock, including shares issuable upon exercise of pre-funded warrants and warrants, for the benefit of its investors. It has the right to receive or direct the receipt of dividends and sale proceeds from those shares.

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

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98422T209

(CUSIP Number)
09/30/2026

(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




Comment for Type of Reporting Person: Consists of shares of Common Stock, including shares of Common Stock issuable upon the exercise of pre-funded warrants, held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on 7,063,982 shares of Common Stock outstanding as of November 6, 2026, as disclosed in the Quarterly Report on Form 10-Q filed by the Issuer on November 10, 2026, plus the shares of Common Stock issuable upon the exercise of pre-funded warrants held by the Reporting Persons, subject to the beneficial ownership limitation of 9.99%. Excludes shares of Common Stock issuable upon the exercise of pre-funded warrants and warrants held by the Reporting Persons in excess of the beneficial ownership limitations of 9.99% and 4.99%, respectively. This Amendment No. 1 to Schedule 13G is being filed to reflect the Issuer's reverse stock split and transactions in Common Stock.


SCHEDULE 13G




Comment for Type of Reporting Person: Consists of shares of Common Stock, including shares of Common Stock issuable upon the exercise of pre-funded warrants, held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on 7,063,982 shares of Common Stock outstanding as of November 6, 2026, as disclosed in the Quarterly Report on Form 10-Q filed by the Issuer on November 10, 2026, plus the shares of Common Stock issuable upon the exercise of pre-funded warrants held by the Reporting Persons, subject to the beneficial ownership limitation of 9.99%. Excludes shares of Common Stock issuable upon the exercise of pre-funded warrants and warrants held by the Reporting Persons in excess of the beneficial ownership limitations of 9.99% and 4.99%, respectively. This Amendment No. 1 to Schedule 13G is being filed to reflect the Issuer's reverse stock split and transactions in Common Stock.


SCHEDULE 13G




Comment for Type of Reporting Person: Consists of shares of Common Stock, including shares of Common Stock issuable upon the exercise of pre-funded warrants, held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on 7,063,982 shares of Common Stock outstanding as of November 6, 2026, as disclosed in the Quarterly Report on Form 10-Q filed by the Issuer on November 10, 2026, plus the shares of Common Stock issuable upon the exercise of pre-funded warrants held by the Reporting Persons, subject to the beneficial ownership limitation of 9.99%. Excludes shares of Common Stock issuable upon the exercise of pre-funded warrants and warrants held by the Reporting Persons in excess of the beneficial ownership limitations of 9.99% and 4.99%, respectively. This Amendment No. 1 to Schedule 13G is being filed to reflect the Issuer's reverse stock split and transactions in Common Stock.


SCHEDULE 13G




Comment for Type of Reporting Person: Consists of shares of Common Stock, including shares of Common Stock issuable upon the exercise of pre-funded warrants, held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on 7,063,982 shares of Common Stock outstanding as of November 6, 2026, as disclosed in the Quarterly Report on Form 10-Q filed by the Issuer on November 10, 2026, plus the shares of Common Stock issuable upon the exercise of pre-funded warrants held by the Reporting Persons, subject to the beneficial ownership limitation of 9.99%. Excludes shares of Common Stock issuable upon the exercise of pre-funded warrants and warrants held by the Reporting Persons in excess of the beneficial ownership limitations of 9.99% and 4.99%, respectively. This Amendment No. 1 to Schedule 13G is being filed to reflect the Issuer's reverse stock split and transactions in Common Stock.


SCHEDULE 13G




Comment for Type of Reporting Person: Consists of shares of Common Stock, including shares of Common Stock issuable upon the exercise of pre-funded warrants, held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on 7,063,982 shares of Common Stock outstanding as of November 6, 2026, as disclosed in the Quarterly Report on Form 10-Q filed by the Issuer on November 10, 2026, plus the shares of Common Stock issuable upon the exercise of pre-funded warrants held by the Reporting Persons, subject to the beneficial ownership limitation of 9.99%. Excludes shares of Common Stock issuable upon the exercise of pre-funded warrants and warrants held by the Reporting Persons in excess of the beneficial ownership limitations of 9.99% and 4.99%, respectively. This Amendment No. 1 to Schedule 13G is being filed to reflect the Issuer's reverse stock split and transactions in Common Stock.


SCHEDULE 13G



Coastlands Capital LP
Signature:/s/ Mark Shamia
Name/Title:Chief Operating Officer of the General Partner, Coastlands Capital LLC
Date:11/13/2026
Coastlands Capital Partners LP
Signature:/s/ Mark Shamia
Name/Title:Chief Operating Officer of the General Partner, Coastlands Capital GP LLC
Date:11/13/2026
Coastlands Capital GP LLC
Signature:/s/ Mark Shamia
Name/Title:Chief Operating Officer
Date:11/13/2026
Coastlands Capital LLC
Signature:/s/ Mark Shamia
Name/Title:Chief Operating Officer
Date:11/13/2026
Matthew D. Perry
Signature:/s/ Matthew D. Perry
Name/Title:Reporting Person
Date:11/13/2026
Exhibit Information

Exhibit 99.1 - Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G (incorporated by reference to the Schedule 13G filed on December 11, 2025).

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