SCHEDULE 13G/A: Perceptive Advisors and Affiliates Disclose 1.9% Passive Stake in Surrozen, Inc.

Perceptive Advisors LLC, Joseph Edelman, and Perceptive Life Sciences Master Fund, Ltd. collectively reported a 1.9% beneficial ownership in Surrozen, Inc.'s common stock, totaling 166,666 shares, primarily through the exercise of warrants, as a passive investment.

Summary

• The filing is an Amendment No. 1 to Schedule 13G for Surrozen, Inc. (Issuer).
• The Reporting Persons are Perceptive Advisors LLC, Joseph Edelman, and Perceptive Life Sciences Master Fund, Ltd.
• The securities involved are Common Stock, $0.0001 par value per share, of Surrozen, Inc.
• The aggregate amount beneficially owned by each Reporting Person is 166,666 shares.
• This amount represents 1.9% of the class of Surrozen, Inc.'s Common Stock.
• The ownership is based on the assumption of the exercise of warrants held by the Reporting Persons to purchase 166,666 shares.
• The ownership percentage is calculated based on 8,494,584 shares of Common Stock outstanding as of March 31, 2025, as reported in the Issuer's Prospectus filed on May 1, 2025.
• All Reporting Persons hold shared voting power and shared dispositive power over the 166,666 shares.
• The Reporting Persons certified that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual regulatory disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the company's performance or outlook.

Risks

• The filing explicitly states that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, mitigating the risk of an activist investor or hostile takeover attempt from these parties.

Future Outlook

NA

Industry Context

This document is a standard regulatory filing (Schedule 13G) disclosing passive beneficial ownership by an investment firm and its affiliates in a publicly traded company. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant, albeit passive, ownership stake by an institutional investor, which can influence market perception and liquidity.

Key Dates

Keywords

Surrozen Inc., Perceptive Advisors LLC, Joseph Edelman, Perceptive Life Sciences Master Fund Ltd., Schedule 13G, beneficial ownership, common stock, warrants, SEC filing, investment firm, passive investment