Bihua Chen - 11 Aug 2025 Form 4 Insider Report for BridgeBio Oncology Therapeutics, Inc. (HLXB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
13 Aug 2025, 08:28:26 UTC
Prior SEC filing
01 Aug 2025
Next SEC filing
01 Oct 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bihua Chen

Key filing fact

Bihua Chen filed Form 4 for BridgeBio Oncology Therapeutics, Inc. (HLXB) on 13 Aug 2025.

Key facts

  • This page summarizes Bihua Chen's Form 4 filing for BridgeBio Oncology Therapeutics, Inc. (HLXB).
  • 10 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 13 Aug 2025, 08:28.

Change

  • Previous filing in this sequence was filed on 01 Aug 2025.
  • Current net transaction value: +$74,999,998.

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

Reporting Owners (1)

CIK 0001599214 Primary reporting owner

Chen Bihua

Relationship
Director, 10%+ Owner
Address
C/O HELIX ACQUISITION CORP. II, 200 CLARENDON STREET, 52ND FLOOR, BOSTON
Signature
/s/ Bihua Chen
Signature date
13 Aug 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BBOT transaction

Common Stock

Options Exercise

Transaction value
Shares
+4,172,126
Change %
+820%
Price
Shares after
4,681,126
Date
11 Aug 2025
Ownership
Via Helix Holdings II LLC
Footnotes
F3, F9
BBOT transaction

Common Stock

Disposed to Issuer

Transaction value
$0
Shares
-152,940
Change %
-3.3%
Price
$0.000000
Shares after
4,528,186
Date
11 Aug 2025
Ownership
Via Helix Holdings II LLC
Footnotes
F4, F9
BBOT transaction

Common Stock

Award

Transaction value
$8,150,464
Shares
+760,496
Change %
+53%
Price
$10.72
Shares after
2,187,536
Date
11 Aug 2025
Ownership
Via Fund III
Footnotes
F5, F10
BBOT transaction

Common Stock

Award

Transaction value
$6,849,534
Shares
+639,110
Change %
+71%
Price
$10.72
Shares after
1,542,710
Date
11 Aug 2025
Ownership
Via Fund V
Footnotes
F6, F10
BBOT transaction

Common Stock

Award

Transaction value
$60,000,000
Shares
+5,598,425
Change %
+8072%
Price
$10.72
Shares after
5,667,785
Date
11 Aug 2025
Ownership
Via Master Fund
Footnotes
F7, F10
BBOT transaction

Common Stock

Award

Transaction value
Shares
+1,905,046
Change %
Price
Shares after
1,905,046
Date
11 Aug 2025
Ownership
Via Fund IV
Footnotes
F8, F10
BBOT transaction

Common Stock

Award

Transaction value
Shares
+1,762,760
Change %
+114%
Price
Shares after
3,305,470
Date
11 Aug 2025
Ownership
Via Fund V
Footnotes
F8, F10
BBOT transaction

Common Stock

Award

Transaction value
Shares
+284,571
Change %
+5%
Price
Shares after
5,952,356
Date
11 Aug 2025
Ownership
Via Master Fund
Footnotes
F8, F10

Reported derivative securities

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

BBOT transaction Derivative

Class B ordinary shares

Disposed to Issuer

Transaction value
$0
Shares
-307,874
Change %
-6.9%
Price
$0.000000
Shares after
4,172,126
Date
11 Aug 2025
Ownership
See footnote
Underlying class
Class A ordinary shares
Underlying amount
307,874
Exercise price
Footnotes
F1, F2, F9
BBOT transaction Derivative

Class B ordinary shares

Options Exercise

Transaction value
Shares
-4,172,126
Change %
-100%
Price
Shares after
0
Date
11 Aug 2025
Ownership
See footnote
Underlying class
Class A ordinary shares
Underlying amount
4,172,126
Exercise price
Footnotes
F2, F3, F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 10 footnotes

Footnote F1

In connection with and prior to the closing of the business combination (the "Business Combination") between the Issuer (which was formerly known as Helix Acquisition Corp. II, "Helix") and TheRas, Inc. ("Legacy BBOT"), Helix Holdings II LLC (the "Sponsor") forfeited 307,874 Helix Class B ordinary shares for no consideration pursuant to the terms of the Sponsor Support Agreement dated February 28, 2025, between Sponsor, Helix, and Legacy BBOT (the "Sponsor Support Agreement").

Footnote F2

The Helix Class B ordinary shares have no expiration date and automatically convert into Class A ordinary shares at the time of Helix's initial business combination as described under the heading "Description of Securities" in Helix's registration statement on Form S-1 (File No. 333-276591).

Footnote F3

In connection with and prior to the closing of the Business Combination, among other things, (i) each of Helix's Class B ordinary shares converted into one Helix Class A ordinary share, on a one-for-one basis, (ii) Helix migrated to and domesticated as a Delaware corporation in accordance with Section 388 of the Delaware General Corporation Law, as amended, and the Cayman Islands Companies Act (As Revised) (the "Domestication"), and (iii) as a result of the Domestication, each Class A ordinary share of Helix converted into one share of the Issuer's common stock, par value $0.0001 per share ("Common Stock"), on a one-for-one basis.

Footnote F4

In connection with and immediately prior to the closing of the Business Combination, the Sponsor forfeited 152,940 shares of Common Stock for no consideration, pursuant to the terms of the Sponsor Support Agreement.

Footnote F5

In connection with and immediately prior to the closing of the Business Combination, pursuant to the terms of a subscription agreement dated February 28, 2025 between Helix and Cormorant Asset Management, LP (the "Subscription Agreement"), Cormorant Private Healthcare Fund III, LP ("Fund III"), which is an investment vehicle managed by Cormorant Asset Management, LP, purchased from the Issuer 760,496 shares of Common Stock at a purchase price of $10.7173 per share.

Footnote F6

In connection with and immediately prior to the closing of the Business Combination, pursuant to the terms of the Subscription Agreement, Cormorant Private Healthcare Fund V, LP ("Fund V"), which is an investment vehicle managed by Cormorant Asset Management, LP, purchased from the Issuer 639,110 shares of Common Stock at a purchase price of $10.7173 per share.

Footnote F7

In connection with and immediately prior to the closing of the Business Combination, pursuant to the terms of the Subscription Agreement, Cormorant Global Healthcare Master Fund, LP ("Master Fund"), which is an investment vehicle managed by Cormorant Asset Management, LP, purchased from the Issuer 5,598,425 shares of Common Stock at a purchase price of $10.7173 per share.

Footnote F8

Upon the closing of the Business Combination, as contemplated by the terms of the Business Combination Agreement, dated as of February 28, 2025 (as amended, the "Business Combination Agreement"), by and among Helix, Legacy BBOT, and Helix Merger Sub, Inc., the owners of Legacy BBOT equity as of immediately prior to the closing, including Fund V, Master Fund, and Cormorant Private Healthcare Fund IV, LP ("Fund IV"), received as consideration therefor, shares of common stock of the Issuer.

Footnote F9

Sponsor is the record holder of the securities reported herein. Fund III, Fund V, and Master Fund are the members of Sponsor. Bihua Chen is the manager of Sponsor and has voting and investment discretion with respect to the shares held of record by Sponsor. Each of Fund III, Fund V, Master Fund and Ms. Chen disclaims any beneficial ownership of the securities held by Sponsor other than to the extent of any pecuniary interest she or it may have therein, directly or indirectly.

Footnote F10

Cormorant Asset Management, LP serves as the investment manager to Fund III, Fund IV, Fund V, and Master Fund (collectively, the "Cormorant Funds"). Cormorant Private Healthcare GP III, LLC ("GP III") is the general partner of Fund III; Cormorant Private Healthcare GP IV, LLC ("GP IV") is the general partner of Fund IV; Cormorant Private Healthcare GP V, LLC ("GP V") is the general partner of Fund V; and Cormorant Global Healthcare GP, LLC ("Global GP") is the general partner of the Master Fund. Bihua Chen serves as the managing member of GP III, GP IV, GP V, and Global GP, and as the general partner of Cormorant Asset Management, LP. Accordingly, Ms. Chen has voting and investment discretion with respect to the shares held by each of the Cormorant Funds and Cormorant Asset Management, LP. Ms. Chen disclaims any beneficial ownership of the securities held by each of the Cormorant Funds other than to the extent of any pecuniary interest she may have therein, directly or indirectly.

SEC remarks

Ms. Chen serves on the Board of Directors of the Issuer. Sponsor and the Cormorant Funds may be deemed to be directors by deputization as a result of the service of Ms. Chen.

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