NEA Amends GlycoMimetics Stake, Leadership Noted

TL;DR

**NEA just updated its GlycoMimetics ownership, watch for potential shifts.**

AI Summary

New Enterprise Associates (NEA) filed an SC 13D/A Amendment No. 3 for GlycoMimetics, Inc. on February 29, 2024. The filing updates their beneficial ownership of GlycoMimetics' Common Stock, $.001 par value. Key individuals associated with NEA include Anthony A. Florence, Jr., Mohamad H. Makhzoumi, and Scott D. Sandell, who are part of the NEA 13 GP, LTD and NEA Partners 13, L.P. group members.

Why It Matters

This filing indicates an update to a significant institutional investor's position in GlycoMimetics, which can influence market perception and potentially signal future strategic moves by the company or the investor.

Risk Assessment

Risk Level: low — This is an amendment to a Schedule 13D, indicating a change in beneficial ownership, which is a routine disclosure and not inherently high-risk.

Key Players & Entities

• New Enterprise Associates 10, L.P. (company) — Filing entity
• GlycoMimetics, Inc. (company) — Subject company
• Anthony A. Florence, Jr. (person) — Group member of NEA
• Mohamad H. Makhzoumi (person) — Group member of NEA
• Scott D. Sandell (person) — Group member of NEA
• NEA 13 GP, LTD (company) — Group member
• NEA PARTNERS 13, L.P. (company) — Group member
• Stephanie Brecher (person) — Contact for New Enterprise Associates

FAQ

Key Financial Figures

• $3.00 — Common Stock at prices that ranged from $3.00 to $3.35 per share. As of February 6, 2
• $3.35 — ock at prices that ranged from $3.00 to $3.35 per share. As of February 6, 2024, (1)
• $3.37 — ock at prices that ranged from $3.00 to $3.37 per share. As of February 28, 2024, (1)

Filing Documents

• nea10-glyco_18804.htm (SC 13D/A) — 341KB
• 0001072613-24-000287.txt ( ) — 343KB

From the Filing

SC 13D/A 1 nea10-glyco_18804.htm NEW ENTERPRISE ASSOCIATES 10, L.P. / GLYCOMIMETICS -- SCHEDULE 13D/A(#3) Schedule 13D UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3)* GlycoMimetics, Inc. (Name of Issuer) Common Stock, $.001 par value (Title of Class of Securities) 38000Q102 (CUSIP Number) Stephanie Brecher New Enterprise Associates 1954 Greenspring Drive, Suite 600, Timonium, MD 21093 (410) 842-4000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 6, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Note : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No.38000Q102 13D Page 2 of 18 Pages 1. NAMES OF REPORTING PERSONS. New Enterprise Associates 10, Limited Partnership 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) (b) 3. SEC USE ONLY 4. SOURCE OF FUNDS (see instructions) WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7. SOLE VOTING POWER 0 Shares 8. SHARED VOTING POWER 4,007,977 Shares 9. SOLE DISPOSITIVE POWER 0 Shares 10. SHARED DISPOSITIVE POWER 4,007,977 Shares 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,007,977 Shares 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.2% 14. TYPE OF REPORTING PERSON (see instructions) PN CUSIP No.38000Q102 13D Page 3 of 18 Pages 1. NAMES OF REPORTING PERSONS. NEA Partners 10, Limited Partnership 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) (b) 3. SEC USE ONLY 4. SOURCE OF FUNDS (see instructions) AF 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7. SOLE VOTING POWER 0 Shares 8. SHARED VOTING POWER 4,007,977 Shares 9. SOLE DISPOSITIVE POWER 0 Shares 10. SHARED DISPOSITIVE POWER 4,007,977 Shares 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,007,977 Shares 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.2% 14. TYPE OF REPORTING PERSON (see instructions) PN CUSIP No.38000Q102 13D Page 4 of 18 Pages 1. NAMES OF REPORTING PERSONS. New Enterprise Associates 13, L.P. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) (b) 3. SEC USE ONLY 4. SOURCE OF FUNDS (see instructions) WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6. CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7. SOLE VOTING POWER 0 Shares 8. SHARED VOTING POWER 4,007,977 Shares 9. SOLE DISPOSITIVE POWER 0 Shares 10. SHARED DISPOSITIVE POWER 4,007,977 Shares 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,007,977 Shares 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.2% 14. TYPE OF REPORTING PERSON (see instructions) PN CUSIP No.38000Q102 13D Page 5 of 18 Pages 1. NAMES OF REPORTING PERSONS. NEA Partners 13, L.P. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) (b) 3. SEC USE ONLY 4. SOURCE OF FUNDS (see instructions) AF 5. CHEC

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