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iBio Inc | SC 13G: Statement of acquisition of beneficial ownership by individuals-Lynx1 Capital Management LP(9.99%),Weston Nichols(9.99%)

SEC announcement ·  Apr 2 07:28
Summary by Futu AI
On March 26, 2024, iBio Inc, a biotechnology company, was the subject of a Schedule 13G filing with the Securities and Exchange Commission. The filing was made by Lynx1 Capital Management LP, a Delaware-based investment manager, and Weston Nichols, the sole member of Lynx1 Capital Management GP LLC, which is the general partner of the investment manager. The filing indicates that Lynx1 Capital Management LP and Mr. Nichols collectively hold 878,492 shares of iBio Inc's common stock, which includes 278,492 shares issuable upon the exercise of warrants. This represents 9.99% of the company's class of securities, taking into account a beneficial ownership blocker that prevents them from exercising warrants that would result in ownership exceeding 9.99% of the outstanding common stock. The filing asserts that the shares were not acquired with the purpose or effect of changing or influencing the control of iBio Inc.
On March 26, 2024, iBio Inc, a biotechnology company, was the subject of a Schedule 13G filing with the Securities and Exchange Commission. The filing was made by Lynx1 Capital Management LP, a Delaware-based investment manager, and Weston Nichols, the sole member of Lynx1 Capital Management GP LLC, which is the general partner of the investment manager. The filing indicates that Lynx1 Capital Management LP and Mr. Nichols collectively hold 878,492 shares of iBio Inc's common stock, which includes 278,492 shares issuable upon the exercise of warrants. This represents 9.99% of the company's class of securities, taking into account a beneficial ownership blocker that prevents them from exercising warrants that would result in ownership exceeding 9.99% of the outstanding common stock. The filing asserts that the shares were not acquired with the purpose or effect of changing or influencing the control of iBio Inc.
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