NEA 14 Amends Synlogic Stake, Adds New Group Members

TL;DR

NEA 14 just updated its Synlogic filing, adding more execs to their group. Watch this space.

AI Summary

New Enterprise Associates 14, L.P. (NEA 14) filed an amendment (No. 5) to its Schedule 13D on May 16, 2024, regarding its beneficial ownership of Synlogic, Inc. The filing indicates a change in the group members, with Anthony A. Florence, Jr., Forest Baskett, Mohamad H. Makhzoumi, Patrick J. Kerins, and Scott D. Sandell now listed as group members alongside NEA 14 GP, Ltd and NEA Partners 14, L.P. The filing does not specify a dollar amount or a specific date for the change in group membership beyond the filing date.

Why It Matters

This amendment signals a potential shift in the strategic alignment or governance involvement of New Enterprise Associates with Synlogic, Inc., by formally including new individuals within their reporting group.

Risk Assessment

Risk Level: medium — Changes in reporting group members on a Schedule 13D can indicate evolving strategies or increased influence, warranting closer monitoring.

Key Players & Entities

• New Enterprise Associates 14, L.P. (company) — Filing entity
• Synlogic, Inc. (company) — Subject company
• Anthony A. Florence, Jr. (person) — Group member
• Forest Baskett (person) — Group member
• Mohamad H. Makhzoumi (person) — Group member
• Patrick J. Kerins (person) — Group member
• Scott D. Sandell (person) — Group member
• NEA 14 GP, Ltd (company) — Group member
• NEA Partners 14, L.P. (company) — Group member

FAQ

Key Financial Figures

• $0.001 — Inc. (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securiti

Filing Documents

• nea14-synlogic_18845.htm (SC 13D/A) — 318KB
• 0001072613-24-000508.txt ( ) — 320KB

From the Filing

SC 13D/A 1 nea14-synlogic_18845.htm NEW ENTERPRISE ASSOCIATES 14, L.P. -- SYNLOGIC, INC. 13D/A(#5) Schedule 13D UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5)* Synlogic, Inc. (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securities) 87166L209 (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) May 14, 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.87166L209 13D Page 2 of 17 Pages 1. NAMES OF REPORTING PERSONS. New Enterprise Associates 14, 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 2,922,774 Shares 9. SOLE DISPOSITIVE POWER 0 Shares 10. SHARED DISPOSITIVE POWER 2,922,774 Shares 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,922,774 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) 25.0% 14. TYPE OF REPORTING PERSON (see instructions) PN CUSIP No.87166L209 13D Page 3 of 17 Pages 1. NAMES OF REPORTING PERSONS. NEA Partners 14, 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. 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 2,922,774 Shares 9. SOLE DISPOSITIVE POWER 0 Shares 10. SHARED DISPOSITIVE POWER 2,922,774 Shares 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,922,774 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) 25.0% 14. TYPE OF REPORTING PERSON (see instructions) PN CUSIP No.87166L209 13D Page 4 of 17 Pages 1. NAMES OF REPORTING PERSONS. NEA 14 GP, LTD 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 Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7. SOLE VOTING POWER 0 Shares 8. SHARED VOTING POWER 2,922,774 Shares 9. SOLE DISPOSITIVE POWER 0 Shares 10. SHARED DISPOSITIVE POWER 2,922,774 Shares 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,922,774 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) 25.0% 14. TYPE OF REPORTING PERSON (see instructions) CO CUSIP No.87166L209 13D Page 5 of 17 Pages 1. NAMES OF REPORTING PERSONS. Forest Baskett 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 PURS

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