SRZN.NASDAQSurrozen, Inc/de

4/A: Surrozen Director Tim Kutzkey Corrects Beneficial Ownership After Private Placement

Sentiment:

SEC Filing


Tim Kutzkey, a director at Surrozen, Inc., filed an amended Form 4/A to correct the amount of common stock beneficially owned following a private placement on April 4, 2024.

Summary

  • Tim Kutzkey, a director and 10% owner of Surrozen, Inc., filed an amended Form 4/A on April 17, 2024, to correct a previously reported amount of beneficially owned common stock.
  • The correction pertains to a private placement that occurred on April 4, 2024, where The Column Group III, LP (TCG III LP) and The Column Group III-A, LP (TCG III-A LP) purchased common stock and warrants at $15.50 per unit ($14.25 per share and $1.25 for warrants).
  • The corrected filing shows Kutzkey indirectly owning 289,549 shares through TCG III LP and 326,992 shares through TCG III-A LP.
  • The original Form 4, filed on April 8, 2024, contained an administrative error regarding the amount of beneficially owned securities.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Negatives

  • The original Form 4 filing contained an administrative error, requiring an amendment.

Industry Context

Form 4 filings are standard SEC disclosures required when insiders of a company buy or sell the company's securities, providing transparency to the market.

Key Dates

DateDescription
04/04/2024Date of the private placement where TCG III LP and TCG III-A LP purchased common stock and warrants.
04/08/2024Date of the original Form 4 filing, which contained an error.
04/17/2024Date of the amended Form 4/A filing to correct the error in the original filing.

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