RTW INVESTMENTS, LP sold CRGX

January 12, 2024 · Form 4 insider transaction

RTW INVESTMENTS, LP sold 1,842,499 shares of CRESCENT INCORPORATED, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Disposed (sell-side)
Shares
1,842,499
Price
N/A
Total value
N/A
RoleDirector, 10% owner
SecurityCommon stock, par value $0.001 per share ("Common Stock")
Transaction codeJ: J
Transaction dateJanuary 12, 2024
Filing dateJanuary 16, 2024
Shares owned after5,175,832
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

The RTW Funds (as defined below) exchanged 1,842,499 shares of Common Stock for 1,842,499 pre-funded warrants pursuant to an Exchange Agreement, dated as of January 12, 2024, by and among the Issuer and the RTW Funds. Each pre-funded warrant represents the right to acquire one share of Common Stock for an exercise price of $0.001 per share. The pre-funded warrants are subject to a 9.99% beneficial ownership limitation and do not have an expiration date.; The shares of Common Stock underlying the pre-funded warrants reported on this Form 4 are subject to a lock-up agreement among the RTW Funds and J.P. Morgan Securities LLC, Jefferies LLC and Cowen and Company, LLC, dated October 30, 2023, pursuant to which the shares of common stock underlying the pre-funded warrants reported herein cannot be sold until May 11, 2024.; This Form 4 is being filed by each of (i) RTW Investments, LP (the "Adviser") with respect to the securities held by certain investment funds managed by the Adviser (the "RTW Funds") and (ii) Roderick Wong, M.D., who serves as the Managing Partner and Chief Investment Officer of the Adviser.

View the original Form 4 on SEC EDGAR