SCHEDULE 13G/A: Adage Capital Management Amends Passive Stake in Compass Therapeutics, Holding 4.36% of Common Stock

Sentiment:

Beneficial Ownership Amendment


Adage Capital Management, L.P. and its principals, Robert Atchinson and Phillip Gross, have filed an amended Schedule 13G, reporting a passive beneficial ownership of 4.36% in Compass Therapeutics, Inc. as of December 31, 2024.

Summary

  • Adage Capital Management, L.P., along with Robert Atchinson and Phillip Gross, filed an Amendment No. 2 to Schedule 13G regarding their beneficial ownership in Compass Therapeutics, Inc.
  • The filing indicates beneficial ownership of 5,994,810 shares of Compass Therapeutics, Inc. common stock.
  • This represents 4.36% of the company's common stock outstanding.
  • The percentage is calculated based on 137,589,171 shares outstanding as of November 8, 2024, as reported in the company's Quarterly Report for the quarter ended September 30, 2024, filed on November 12, 2024.
  • The reporting persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
  • Adage Capital Partners GP, L.L.C. is noted as no longer being a beneficial owner of securities held by ACP.

Sentiment

Score: 5

Explanation: Neutral. This is a factual disclosure of passive ownership, not a performance or strategic update.

Future Outlook

NA

Key Dates

DateDescription
2024-11-08Date as of which 137,589,171 shares of Common Stock were reported outstanding in the Company's Quarterly Report.
2024-11-12Date of filing of the Company's Quarterly Report for the quarter ended September 30, 2024.
2024-12-18Effective date for structured data requirements applicable to Schedule 13G filings.
2024-12-31Date of event which requires filing of this statement (reporting period end date).
2025-02-12Date of filing of this Schedule 13G/A.

Keywords

Compass Therapeutics, Adage Capital Management, SEC filing, Schedule 13G, beneficial ownership, common stock, institutional investor, passive investment

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