SCHEDULE: M28 Capital Exits Curis Inc. Reporting System
Amendment to Beneficial Ownership Report
M28 Capital Management LP and Marc Elia have filed an Amendment No. 2 to Schedule 13G, indicating their beneficial ownership in Curis Inc. has fallen to 4.8% and they are voluntarily exiting the reporting system.
Summary
- M28 Capital Management LP and Marc Elia (collectively, the "Reporting Persons") have filed an Amendment No. 2 to their Schedule 13G for Curis Inc.
- The Reporting Persons beneficially own an aggregate of 620,167 shares of Curis Inc. Common Stock.
- This ownership represents 4.8% of the outstanding Common Stock of Curis Inc.
- The reported shares include 99,108 shares issuable upon the exercise of warrants.
- The percentage is calculated based on 12,928,853 shares of Common Stock outstanding as of November 4, 2025, as reported in Curis Inc.'s Quarterly Report on Form 10-Q for the period ended September 30, 2025.
- The Reporting Persons are voluntarily exiting the reporting system, indicating their beneficial ownership is now below the 5% threshold that typically triggers reporting obligations.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of a change in beneficial ownership, specifically that M28 Capital Management LP and Marc Elia's stake in Curis Inc. has fallen below 5%, leading them to voluntarily exit the Schedule 13G reporting system. This is a factual event and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- The Reporting Persons are filing this Amendment No. 2 to voluntarily exit the reporting system prior to triggering an amendment obligation.
Industry Context
NA
Stakeholder Impact
- Shareholders: Other shareholders may note the reduction in M28 Capital Management LP's stake, which could be interpreted as a decrease in institutional interest, though the impact is likely minimal given the stake is already below 5%.
- Reporting Persons: M28 Capital Management LP and Marc Elia will have reduced regulatory reporting obligations concerning their investment in Curis Inc.
Next Steps
- M28 Capital Management LP and Marc Elia will no longer be required to file Schedule 13G amendments for Curis Inc. unless their beneficial ownership again exceeds 5% and they meet other reporting criteria.
Key Dates
| Date | Description |
|---|---|
| 2025-09-30 | End of quarterly period for which Curis Inc. filed its Form 10-Q, reporting shares outstanding. |
| 2025-11-04 | Date as of which 12,928,853 shares of Common Stock were outstanding, used for percentage calculation. |
| 2025-11-06 | Date Curis Inc. filed its Quarterly Report on Form 10-Q for the period ended September 30, 2025. |
| 2026-01-23 | Date of event requiring filing of this statement and signature date for M28 Capital Management LP and Marc Elia. |
Keywords
Curis Inc., M28 Capital Management, Marc Elia, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Ownership Change, SEC Filing, Warrants
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