Major Zura Bio (ZURA) holder acquires 2M shares in registered deal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zura Bio Ltd reported that affiliated entity AI Biotechnology LLC, a 10% owner, bought 2,000,000 Class A Ordinary Shares of Zura Bio.
The shares were acquired at $6.25 per share in a registered offering by the company, increasing AI Biotechnology LLC’s direct holdings to 6,552,725 shares. Related entities, including Access Industries Holdings LLC, Access Industries Management, LLC and Len Blavatnik, may be deemed beneficial owners through their control structure but each disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,000,000 shares ($12,500,000)
Net Buy
1 txn
Insider
AI Biotechnology LLC, Access Industries Holdings LLC, ACCESS INDUSTRIES MANAGEMENT, LLC, Blavatnik Len
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner
Bought
2,000,000 shs ($12.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Shares | 2,000,000 | $6.25 | $12.50M |
Holdings After Transaction:
Class A Ordinary Shares — 6,552,725 shares (Direct)
Footnotes (1)
- Shares of Class A Ordinary Shares acquired pursuant to a registered offering of Class A Ordinary Shares by the Issuer. The securities reported are held directly by AI Biotechnology LLC ("AIB") and may be deemed to be beneficially owned by Access Industries Holdings LLC ("AIH"), Access Industries Management, LLC ("AIM") and Len Blavatnik because (i) Mr. Blavatnik controls AIM and AIH, (ii) AIM controls AIH, and (iii) AIH owns all of the voting units of AIB. Each of AIH, AIM and Mr. Blavatnik, and each of their affiliated entities and the officers, partners, members and managers thereof, disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this form shall not be construed as an admission that any such reporting person is the beneficial owner of any of the securities reported on this form.
FAQ
What insider transaction did Zura Bio (ZURA) report in this Form 4?
Zura Bio reported that AI Biotechnology LLC acquired 2,000,000 Class A Ordinary Shares. The purchase increased its direct holdings to 6,552,725 shares, reflecting a significant additional investment by a 10% beneficial owner associated with Access Industries entities and Len Blavatnik.
Was the Zura Bio (ZURA) insider transaction an open-market trade or part of an offering?
The shares were acquired pursuant to a registered offering of Class A Ordinary Shares by Zura Bio. This means AI Biotechnology LLC bought directly in a company share issuance, rather than acquiring the stock through open-market purchases on an exchange.