Novo Holdings A/S - 30 Sep 2025 SCHEDULE 13G/A Report for Zenas BioPharma, Inc. Common Stock, par value $0.0001 (ZBIO)

Filing Manager: Novo Holdings A/S
Reporting Manager: Novo Holdings A/S
Security: Zenas BioPharma, Inc. Common Stock, par value $0.0001
Symbol: ZBIO
Shares outstanding: 42,553,191 shares
Disclosed Ownership: 2,000,000 shares
Ownership: 4.7%
Form type: SCHEDULE 13G/A
Filing time: 14 Nov 2025, 18:29:15 UTC
Date of event: 30 Sep 2025
Previous filing: 01 Apr 2025
SEC: View on sec.gov

Reporting Managers (1)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title	CIK
Novo Holdings A/S	4.7%	2,000,000	2,000,000	0	Barbara Fiorini	Barbara Fiorini, General Counsel, Finance & Operations