SCHEDULE: Cormorant Asset Management Divests Rallybio Stake

Cormorant Asset Management, LP and Bihua Chen have reported a 0.0% beneficial ownership of Rallybio Corp. common stock, indicating a complete divestment.

Summary

• Cormorant Asset Management, LP and Bihua Chen have filed an amendment to their Schedule 13G, reporting zero shares beneficially owned in Rallybio Corp.
• This filing indicates a complete divestment of their holdings in Rallybio Corp. common stock.
• The previous filing referenced a total of 5,298,137 shares of Common Stock outstanding as of May 8, 2026.

Sentiment

Score: 2

Explanation: StockSavvy.ai views this as a negative sentiment due to the complete divestment of shares, indicating a lack of confidence or a strategic shift away from the company.

Negatives

• Cormorant Asset Management, LP and Bihua Chen have zero shares beneficially owned, signifying a complete exit from their investment in Rallybio Corp.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Industry Context

StockSavvy.ai notes that a complete divestment by a significant holder like Cormorant Asset Management, an investment advisor, often signals a lack of conviction in the company's future prospects or a reallocation of capital to other opportunities.

Stakeholder Impact

• Shareholders may view this divestment as a negative signal, potentially impacting stock price due to reduced institutional support.

Key Dates

Recommendation

The complete divestment by Cormorant Asset Management, an investment advisor, suggests a loss of confidence in Rallybio Corp.'s future prospects, warranting a sell recommendation.

Keywords

Rallybio Corp, Cormorant Asset Management, Schedule 13G, Divestment, Beneficial Ownership