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StemPoint group (XLO) discloses 9.5% Xilio Therapeutics stake via warrants

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

StemPoint Capital LP, StemPoint Capital Management GP LLC, and Michelle Ross report beneficial ownership of Xilio Therapeutics, Inc. common stock. The group may be deemed to beneficially own 628,866 shares of common stock through a combination of equity securities.

The position consists of 343,154 shares issuable upon exercise of pre-funded warrants, 142,856 shares underlying Series A Warrants, and 142,856 shares underlying Series C Warrants. These instruments are subject to a 9.99% Beneficial Ownership Limitation, which restricts exercise above that threshold.

Based on Xilio having 5,982,839 shares outstanding as of May 8, 2026, and including the warrant shares as required under Rule 13d-3(d)(1)(i), the reporting group may be deemed to hold 9.5% of the class. Voting and dispositive powers over all 628,866 warrant-based shares are reported as shared among the reporting persons.

Positive

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Negative

  • None.
Beneficially owned shares 628,866 shares Total common stock deemed beneficially owned through warrants
Ownership percentage 9.5% Percent of Xilio common stock beneficially owned by Reporting Persons
Shares outstanding 5,982,839 shares Common stock outstanding as of May 8, 2026
Pre-Funded Warrant shares 343,154 shares Common shares issuable upon exercise of Pre-Funded Warrants
Series A Warrant shares 142,856 shares Common shares underlying Series A Warrants
Series C Warrant shares 142,856 shares Common shares underlying Series C Warrants
Beneficial Ownership Limitation 9.99% Cap on exercisability of Pre-Funded, Series A and Series C Warrants
Beneficial Ownership Limitation regulatory
"The Pre-Funded Warrants, Series A Warrants, and Series C Warrants are subject to a 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.
pre-funded warrant financial
"343,154 shares of Common Stock through the exercise of a pre-funded warrant (the "Pre-Funded Warrants")"
A pre-funded warrant is a financial instrument that gives the holder the right to buy shares of a company's stock at a set price, with most of the purchase cost already paid upfront. It functions like a nearly fully paid option, allowing investors to secure shares quickly while minimizing the amount of additional money they need to invest later. This helps investors gain ownership rights efficiently, often used to avoid certain regulatory restrictions or to prepare for future stock purchases.
Series A Warrants financial
"142,856 shares of Common Stock underlying Series A Warrants"
Series A warrants are financial tools that give the holder the right to buy shares of a company at a specific price within a certain period. They are often issued alongside investments to provide additional potential profit if the company's value increases. For investors, they can offer a chance to benefit from future growth without committing immediate capital to buying shares.
Series C Warrants financial
"142,856 shares of Common Stock underlying Series C Warrants"
Series C warrants are tradable certificates issued alongside a later-stage financing round that give the holder the right to buy company shares at a fixed price within a set time window. They matter to investors because they can provide low-cost upside if the company’s share price rises, but they can also dilute existing shareholders when converted, similar to a coupon that lets someone buy concert tickets later at today’s price — good for the coupon holder, changing the crowd size and ticket value for everyone else.
Rule 13d-3(d)(1)(i) regulatory
"added to the shares outstanding in accordance with Rule 13d-3(d)(1)(i) under the Act"

FAQ

What percentage of XLO common stock do the StemPoint Reporting Persons beneficially own?

The StemPoint Reporting Persons may be deemed to beneficially own 9.5% of Xilio Therapeutics (XLO) common stock. This percentage is calculated including 628,866 warrant-linked shares over a base of 5,982,839 shares outstanding as of May 8, 2026.

How many XLO shares are beneficially owned by the StemPoint group?

The reporting group may be deemed to beneficially own 628,866 shares of Xilio Therapeutics (XLO) common stock. This total comes from pre-funded warrants and Series A and Series C Warrants, all subject to a 9.99% Beneficial Ownership Limitation.

What instruments make up the StemPoint position in Xilio Therapeutics (XLO)?

The position consists of 343,154 shares via pre-funded warrants, plus 142,856 Series A and 142,856 Series C warrant shares. All of these instruments relate to Xilio Therapeutics (XLO) common stock and are subject to a 9.99% Beneficial Ownership Limitation.

How was the 9.5% ownership in Xilio Therapeutics (XLO) calculated?

The 9.5% figure uses 5,982,839 shares of Xilio Therapeutics (XLO) common stock outstanding as of May 8, 2026, plus 628,866 warrant-linked shares under Rule 13d-3(d)(1)(i), reflecting shares issuable upon warrant exercise within the Beneficial Ownership Limitation.

Do the StemPoint Reporting Persons have shared voting power over their XLO position?

Yes. The Reporting Persons disclose shared voting and shared dispositive power over 628,866 warrant-based shares of Xilio Therapeutics (XLO) common stock. They report no sole voting or dispositive power for any of the covered securities.

Who are the Reporting Persons in this Schedule 13G/A for Xilio Therapeutics (XLO)?

The Reporting Persons are StemPoint Capital LP, StemPoint Capital Management GP LLC, and Michelle Ross. They jointly report beneficial ownership of 628,866 warrant-linked shares of Xilio Therapeutics (XLO) common stock, representing 9.5% of the class.

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

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Learn about SEC filing dates





98422T209

(CUSIP Number)
06/30/2026

(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





SCHEDULE 13G




Comment for Type of Reporting Person: StemPoint Capital Management GP LLC is a limited liability company.


SCHEDULE 13G





SCHEDULE 13G



StemPoint Capital LP
Signature:/s/ Sean C. Tan
Name/Title:Sean C. Tan, Authorized Signatory
Date:08/14/2026
StemPoint Capital Management GP LLC
Signature:/s/ Sean C. Tan
Name/Title:Sean C. Tan, Authorized Signatory
Date:08/14/2026
Michelle Ross
Signature:/s/ Michelle Ross
Name/Title:Michelle Ross
Date:08/14/2026
Exhibit Information

JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)