SCHEDULE 13G/A: Catalys Pacific Maintains 13.5% Stake in Mineralys Therapeutics

Sentiment:

Beneficial Ownership Disclosure


Catalys Pacific and its affiliates reported continued beneficial ownership of 13.5% of Mineralys Therapeutics, Inc.'s common stock as of June 30, 2025.

Summary

  • Catalys Pacific Fund, LP, Catalys Pacific Fund GP, LP, Catalys Pacific, LLC, and Brian Taylor Slingsby collectively reported beneficial ownership of 8,978,954 shares of Mineralys Therapeutics, Inc. common stock.
  • This ownership represents 13.5% of the company's outstanding common stock.
  • The beneficial ownership includes 8,903,838 shares held of record by Catalys Pacific Fund, LP and 75,116 shares underlying stock options exercisable within 60 days of June 30, 2025.
  • The percentage is based on 66,295,184 shares of common stock outstanding as of August 7, 2025, as disclosed in Mineralys Therapeutics' Quarterly Report on Form 10-Q filed on August 12, 2025.
  • This document is an Amendment No. 2 to a previous Schedule 13G filing.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership by a significant investor group, providing factual information without indicating positive or negative operational or financial performance.

Positives

  • NA

Negatives

  • NA

Risks

  • NA

Future Outlook

NA

Industry Context

This filing indicates continued institutional investment in a biotechnology company. Without more context on Mineralys Therapeutics' specific pipeline or market position, a detailed industry analysis is not possible from this document alone.

Stakeholder Impact

  • Shareholders: Provides transparency regarding a significant institutional holding, which can influence market perception.
  • Management: Awareness of a large, stable shareholder base.

Key Dates

DateDescription
06/30/2025Date of event which requires filing of this statement (ownership snapshot date).
08/07/2025Date as of which 66,295,184 shares of Common Stock were outstanding, as disclosed in the Issuer's Form 10-Q.
08/12/2025Date the Issuer's Quarterly Report on Form 10-Q was filed with the SEC.
08/14/2025Date of signing of this Schedule 13G Amendment No. 2.

Recommendation

hold

This Schedule 13G filing is a routine disclosure of a significant, stable beneficial ownership stake by Catalys Pacific. It does not contain new financial or operational information about Mineralys Therapeutics that would warrant a change in investment thesis. Investors should 'hold' and await further operational or financial updates from the company to make a more informed decision.

Keywords

Mineralys Therapeutics, Catalys Pacific, beneficial ownership, Schedule 13G, common stock, institutional investor, biotech, pharmaceutical

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