Helix Holdings II LLC - Feb 8, 2024 Form 3 Insider Report for Helix Acquisition Corp. II (HLXB)

Role: Director, 10%+ Owner
Signature: /s/ Bihua Chen, as manager of Helix Holdings II LLC
Stock symbol: HLXB
Transactions as of: Feb 8, 2024
Transactions value $: $0
Form type: 3
Date filed: 2/8/2024, 09:59 PM
Next filing: Feb 13, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	HLXB	Class B Ordinary Shares							Feb 8, 2024	Class A Ordinary Shares	4.51M		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, on a one-for-one basis (unless otherwise provided in the Issuer's initial business combination agreement), subject to adjustment for share subdivisions, share consolidations, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights as described under the heading "Description of Securities--Founder Shares and Private Placement Shares" in the Issuer's registration statement on Form S-1 (File No. 333-276591) (the "Registration Statement") and have no expiration date.
F2	The Class B ordinary shares beneficially owned by the Reporting Person include up to 600,000 Class B ordinary shares subject to forfeiture to the Issuer depending on the extent to which the underwriter' over-allotment option is exercised in full in connection with the Issuer's initial public offering of shares, as described in the Registration Statement.
F3	Helix Holdings II LLC is the record holder of the securities reported herein. Cormorant Private Healthcare Fund III, LP, a Delaware limited partnership, Cormorant Private Healthcare Fund V, LP, a Delaware limited partnership, and Cormorant Global Healthcare Master Fund, LP, a Cayman Islands limited partnership, are the managing members of Helix Holdings II LLC. Bihua Chen is the managing member of each of the three managing members of Helix Holdings II LLC and has voting and investment discretion with respect to the ordinary shares held of record by Helix Holdings II LLC. Bihua Chen disclaims any beneficial ownership of the securities held by Helix Holdings II LLC other than to the extent of any pecuniary interest she may have therein, directly or indirectly.

Remarks:

Ms. Chen serves on the Board of Directors of the Issuer. Helix Holdings II LLC may be deemed to be a director by deputization as a result of the service of Ms. Chen.