SCHEDULE 13G/A: Nantahala Capital Management Discloses 9.99% Stake in Surrozen, Inc.

Nantahala Capital Management, along with Wilmot B. Harkey and Daniel Mack, has reported a beneficial ownership of 9.99% in Surrozen, Inc.'s common stock as of December 31, 2024.

Summary

• Nantahala Capital Management, LLC, an investment adviser, along with its managing members Wilmot B. Harkey and Daniel Mack, collectively reported beneficial ownership of 338,930 shares of Surrozen, Inc. common stock.
• This ownership represents 9.99% of Surrozen, Inc.'s outstanding common stock.
• The reported shares include 142,907 shares that can be acquired by the reporting persons within sixty days through the exercise of warrants.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating an update to a previously reported beneficial ownership.
• The reporting persons have shared voting power and shared dispositive power over all 338,930 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Surrozen, Inc.
• Two funds advised by Nantahala, NANTAHALA CAPITAL PARTNERS LIMITED PARTNERSHIP and BLACKWELL PARTNERS LLC SERIES A, each have the right to receive dividends or proceeds from the sale of more than five percent of the beneficially owned shares.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing (Schedule 13G) reporting beneficial ownership, which typically does not convey positive or negative sentiment regarding the issuer's performance or outlook. It simply states a factual ownership position.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of a significant passive investment by an institutional investor in a publicly traded company. It does not provide specific insights into Surrozen, Inc.'s operational performance or broader industry trends, but rather reflects an investment decision by Nantahala Capital Management.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, potentially signaling confidence or interest from a notable investment firm. The 9.99% stake is just below the 10% threshold that would require a Schedule 13D filing, which implies a more active or influential intent.

Key Dates

Keywords

Surrozen Inc., Nantahala Capital Management, Beneficial Ownership, SEC Filing, Schedule 13G, Common Stock, Investment Adviser, Institutional Investor, SRZN