Column Group III Amends Tenaya Therapeutics Stake

Ticker: TNYA · Form: SC 13D/A · Filed: Feb 14, 2024

Sentiment: neutral

Topics: beneficial-ownership, amendment, biotechnology

TL;DR

**Column Group III, LP just updated their 13D filing on Tenaya Therapeutics on Feb 14, 2024.**

AI Summary

COLUMN GROUP III, LP filed an Amendment No. 2 to its Schedule 13D on February 14, 2024, regarding its beneficial ownership in Tenaya Therapeutics, Inc. This filing updates previous disclosures concerning the Common Stock, $0.0001 par value, of Tenaya Therapeutics. The CUSIP number for these securities is 87990A106.

Why It Matters

This amendment indicates an update to a significant shareholder's position in Tenaya Therapeutics, which could signal changes in their investment strategy or ownership percentage.

Risk Assessment

Risk Level: low — The filing is an amendment to a beneficial ownership report, and without details on the change, the immediate impact or risk is unclear from this snippet alone.

Key Players & Entities

FAQ

Who filed this SC 13D/A?

The SC 13D/A was filed by COLUMN GROUP III, LP.

What is the subject company of this filing?

The subject company of this filing is Tenaya Therapeutics, Inc.

What is the CUSIP number for the securities involved?

The CUSIP number for the securities is 87990A106.

What type of form is this filing and what amendment number is it?

This is an SC 13D/A form, which is Amendment No. 2.

When was this document filed?

This document was filed on February 14, 2024.

Filing Stats: 2,717 words · 11 min read · ~9 pages · Grade level 10 · Accepted 2024-02-14 16:19:04

Key Financial Figures

Filing Documents

of the Original Schedule 13D is hereby amended by adding the following as the last paragraphs thereof

Item 3 of the Original Schedule 13D is hereby amended by adding the following as the last paragraphs thereof: On March 10, 2023, TCG Opportunity III LP purchased 6,779 shares of Common Stock for a weighted-average purchase price of $2.5956 per share and an aggregate purchase price of $17,595.57. On February 12, 2024, TCG Opportunity III LP purchased 2,222,222 shares of Common Stock in the Issuers follow-on offering for a purchase price of $4.50 per share (the February Follow-On Offering ) and an aggregate purchase price of $9,999,999.00. Item6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

of the Original Schedule 13D is hereby amended by adding the following language as the last paragraph thereof

Item 6 of the Original Schedule 13D is hereby amended by adding the following language as the last paragraph thereof: In connection with the February Follow-on Offering, each of TCG III LP, TCG III-A LP and TCG Opportunity III LP entered into a lock-up agreement, pursuant to which each such party agreed, subject to certain exceptions, not to sell, transfer or otherwise convey certain of the Issuers securities held by TCG III LP, TCG III-A LP or TCG Opportunity III LP for 60 days following the date of the final prospectus for the February Follow-on Offering. The terms and provisions of such lock-up agreement are described more fully in the prospectus supplement for the February Follow-on Offering, and the above summary is qualified by reference to such description and the full text of the lock-up agreement, a form of which is filed as Exhibit 5 to this Statement and is incorporated herein by reference. Item7. Material to be Filed as Exhibits. Exhibit 5: Form of Lock-Up Agreement for certain directors, officers and other stockholders of the Issuer (included as Exhibit A to the form of Underwriting Agreement filed as Exhibit 1.1 to the Issuers Current Report on Form 8-K as filed with the Commission on February 8, 2024 (SEC File No. 001-40656) and incorporated herein by reference). SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 14, 2024. THE COLUMN GROUP III, LP THE COLUMN GROUP III GP, LP By: The Column Group III GP, LP By: /s/ James Evangelista, Attorney in Fact By: /s/ James Evangelista, Attorney in Fact Name: James Evangelista Name: James Evangelista Title: Attorney in Fact Title: Attorney in Fact THE COLUMN GROUP III-A, LP THE COLUMN GROUP OPPORTUNITY III, LP By: The Column Group III GP, LP By: The Column Group Opportunity III GP, LP By: TCG Opportunity III GP, LLC By

View on Read The Filing