SCHEDULE: Nextech Entities Maintain 8.4% Stake in ORIC Pharma
Beneficial Ownership Report
Nextech Crossover I SCSp and related entities disclose continued beneficial ownership of 8.4% of ORIC Pharmaceuticals, Inc. common stock.
Summary
- Nextech Crossover I SCSp, Nextech Crossover I GP S.a. r.l., Ian Charoub, Costas Constantinides, and Rocco Sgobbo collectively reported beneficial ownership of 7,162,637 shares of ORIC Pharmaceuticals, Inc. common stock.
- This ownership represents 8.4% of the total class of securities outstanding.
- The percentage is based on 85,225,191 shares of common stock outstanding as of May 29, 2025, as reported in ORIC Pharmaceuticals' prospectus dated June 20, 2025.
- Nextech Crossover LP directly holds the shares, with Nextech Crossover GP serving as its sole general partner.
- Ian Charoub, Costas Constantinides, and Rocco Sgobbo are members of the board of managers of Nextech Crossover GP and possess power to direct the voting and disposition of the securities.
- The reporting persons expressly disclaim status as a 'group' for purposes of this Schedule 13G.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the company's operational or financial performance.
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's operations or financial performance.
Industry Context
This Schedule 13G filing indicates a significant, continued investment by Nextech Crossover entities in ORIC Pharmaceuticals, a company operating in the pharmaceutical sector. Such disclosures are standard for institutional investors holding more than 5% of a public company's shares and provide transparency on major ownership stakes within the industry.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional ownership stake in the company, which can influence market perception and liquidity.
Key Dates
| Date | Description |
|---|---|
| 2025-06-30 | Date of event which requires filing of this statement |
| 2025-08-14 | Filing date of the Schedule 13G Amendment No. 2 |
Keywords
ORIC Pharmaceuticals, Nextech Crossover, Beneficial Ownership, Common Stock, SEC Filing, Pharmaceuticals, Investment, Institutional Investor
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