SCHEDULE 13G/A: Vivo Opportunity Funds Update Passive Stake in COMPASS Pathways plc
Beneficial Ownership Update
Vivo Opportunity Fund Holdings, L.P. and its general partner, Vivo Opportunity, LLC, have filed an amended Schedule 13G/A, reporting a beneficial ownership of 6.6% in COMPASS Pathways plc as of March 31, 2025.
Summary
- Vivo Opportunity Fund Holdings, L.P. and its general partner, Vivo Opportunity, LLC, collectively reported beneficial ownership of 6,348,988 Ordinary Shares of COMPASS Pathways plc, representing 6.6% of the class.
- This ownership includes 3,174,494 Ordinary Shares (represented by American Depositary Shares or ADSs) currently held and an additional 3,174,494 Ordinary Shares (represented by ADSs) issuable upon the exercise of certain warrants.
- Vivo Opportunity Cayman Fund, L.P. and its general partner, Vivo Opportunity Cayman, LLC, separately reported beneficial ownership of 375,782 Ordinary Shares, representing 0.4% of the class.
- This Cayman entity's ownership includes 187,891 Ordinary Shares (represented by ADSs) currently held and 187,891 Ordinary Shares (represented by ADSs) issuable upon the exercise of certain warrants.
- All warrants are subject to a beneficial ownership limitation of 9.99% of the Issuer's outstanding Ordinary Shares.
- The total outstanding Ordinary Shares of COMPASS Pathways plc used for calculation was 93,561,753 as of May 6, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q filed on May 8, 2025.
Sentiment
Score: 5
Explanation: The document is a factual, routine regulatory filing (Schedule 13G/A) updating beneficial ownership. It provides objective data without expressing positive or negative sentiment regarding the issuer's performance or future outlook.
Positives
- The continued significant stake by Vivo Opportunity Fund Holdings, L.P. and its affiliates may signal ongoing institutional confidence in COMPASS Pathways plc.
Risks
- The exercise of warrants could lead to dilution for existing shareholders if the underlying shares are issued, although this is a standard feature of such instruments.
Future Outlook
NA
Industry Context
This filing is a routine update on institutional ownership, common in the financial industry for transparency regarding significant passive stakes in publicly traded companies. It does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Provides transparency regarding the beneficial ownership structure of the company, specifically highlighting the passive stake held by Vivo Opportunity Funds.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement (beneficial ownership snapshot date) |
| May 6, 2025 | Date as of which COMPASS Pathways plc reported 93,561,753 Ordinary Shares outstanding in its Quarterly Report on Form 10-Q |
| May 8, 2025 | Date COMPASS Pathways plc's Quarterly Report on Form 10-Q was filed with the SEC |
| May 14, 2025 | Date of filing of this Schedule 13G/A amendment |
Keywords
COMPASS Pathways plc, CMPS, Schedule 13G/A, beneficial ownership, institutional investor, American Depositary Shares, ADSs, warrants, Vivo Opportunity Fund Holdings, Vivo Opportunity, LLC, Vivo Opportunity Cayman Fund, Vivo Opportunity Cayman, LLC
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