| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AVBP | Common Stock | Conversion of derivative security | +1,252,308 | 1,252,308 | 30 Jan 2024 | Sofinnova Venture Partners XI, L.P. | F1, F2 | |||
| transaction | AVBP | Common Stock | Purchase | $7,999,992 | +444,444 | +35% | $18.00* | 1,696,752 | 30 Jan 2024 | Sofinnova Venture Partners XI, L.P. | F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AVBP | Series B Preferred Stock | Conversion of derivative security | -1,252,308 | -100% | 0 | 30 Jan 2024 | Common Stock | 1,252,308 | Sofinnova Venture Partners XI, L.P. | F1, F2, F4, F5 |
| Id | Content |
|---|---|
| F1 | The shares of preferred stock automatically converted into common stock immediately upon completion of the Issuer's initial public offering on a 1-for-15.21 basis. |
| F2 | The shares are directly held by Sofinnova Venture Partners XI, L.P. ("SVP XI"). Sofinnova Management XI, L.P. ("SM XI LP") is the general partner of SVP XI and Sofinnova Management XI, L.L.C. ("SM XI") is the general partner of SM XI LP. The Reporting Person is a managing member of SM XI and may be deemed to share voting and dispositive power over the shares held by SVP XI. The Reporting Person disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein. |
| F3 | Reflects shares purchased in the Issuer's initial public offering. |
| F4 | The shares of preferred stock were convertible into the Issuer's common stock in accordance with the Issuer's Restated Certificate of Incorporation, as amended, immediately upon completion of the Issuer's initial public offering. |
| F5 | Not applicable. |