Lynx1 Capital Management LP - 26 Dec 2024 Form 4 Insider Report for TScan Therapeutics, Inc. (TCRX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
30 Dec 2024, 16:15:18 UTC
Prior SEC filing
16 Dec 2024
Next SEC filing
31 Dec 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Lynx1 Capital Management LP, By: Lynx1 Capital Management GP LLC, its general partner, By: /s/ Weston Nichols, Sole Member

Key filing fact

Lynx1 Capital Management LP filed Form 4 for TScan Therapeutics, Inc. (TCRX) on 30 Dec 2024.

Key facts

  • This page summarizes Lynx1 Capital Management LP's Form 4 filing for TScan Therapeutics, Inc. (TCRX).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 30 Dec 2024, 16:15.

Change

  • Previous filing in this sequence was filed on 16 Dec 2024.
  • Current net transaction value: +$30,000,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TCRX transaction Derivative

Pre-funded Warrant (right to buy)

Purchase

Transaction value
$30,000,000
Shares
+7,500,000
Change %
Price
$4.00
Shares after
7,500,000
Date
26 Dec 2024
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
7,500,000
Exercise price
$0.000100
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Subject to the terms and conditions set forth in the Pre-funded Warrant, the holder thereof may, at any time and from time to time on or after December 27, 2024, exercise the Pre-funded Warrant until it has been exercised in full. The Pre-funded Warrants reported herein contain an exercise limitation prohibiting the holder from exercising the Pre-Funded Warrants until such time as the holder, together with the Reporting Persons and certain other related parties, would not beneficially own after any such exercise more than 9.99% of the then issued and outstanding Common Stock (the "Blocker"). Due to the Blocker, the Pre-funded Warrants beneficially owned by the Reporting Persons are not presently exercisable.

Footnote F2

The securities to which this filing relates are held directly by Lynx1 Master Fund LP and a managed account to which Lynx1 Capital Management LP (the "Investment Manager") serves as investment manager. Weston Nichols ("Mr. Nichols") is the sole member of Lynx1 Capital Management GP LLC, the general partner of the Investment Manager. Each of the Investment Manager and Mr. Nichols disclaims beneficial ownership of the securities to which this filing relates for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except to the extent of his or its pecuniary interest therein, if any.

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