Form 4: Opaleye Management Inc. Increases Stake in Codexis, Inc.

Opaleye Management Inc. reports the acquisition of 85,000 shares of Codexis, Inc. common stock at an average price of $2.543 per share.

Summary

• On March 13, 2025, Opaleye Management Inc. acquired 85,000 shares of Codexis, Inc. common stock.
• The shares were purchased at a weighted average price of $2.543, with individual transactions ranging from $2.52 to $2.58.
• Following the transaction, Opaleye Management Inc. beneficially owns 9,150,000 shares of Codexis, Inc. through Opaleye, L.P.
• Opaleye Management Inc. disclaims beneficial ownership of these shares except to the extent of its pecuniary interest.

Sentiment

Score: 6

Explanation: Neutral sentiment. The document simply reports a transaction. The increased stake could be seen as a positive, but there's no explicit indication of sentiment.

Positives

• Opaleye Management Inc.'s increased investment could be seen as a positive signal for Codexis, Inc.

Management Comments

• Opaleye Management Inc. disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest.

Stakeholder Impact

• The increased stake by Opaleye Management Inc. could positively influence shareholder confidence.

Key Dates