Director-Affiliated Funds Disclose 10.3% Stake, $8M IPO Purchase at Premium
MOBI is trading near its 52-week low of $11.11 (7.1% above the low).
Summary
Director William Harrington and affiliated investment funds have disclosed a 10.3% beneficial ownership in Mobia Medical, including an $8 million purchase at the IPO price of $15.00, signaling strong confidence post-IPO.
Key Events · Ownership and Investor Activity · MOBI
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Significant Beneficial Ownership
Director William Harrington, through Osage University Partners, now beneficially owns 3,410,899 shares, representing 10.3% of the company's common stock.
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Substantial IPO Investment
The affiliated funds purchased $8 million worth of common stock at the IPO price of $15.00 per share on May 11, 2026, following the company's recent IPO.
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Premium Purchase Price
The IPO shares were acquired at $15.00, a notable premium compared to the current stock price of $11.90 and above the 52-week high, indicating strong conviction.
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Post-IPO Lock-Up
The investment funds are subject to a 180-day lock-up agreement, restricting sales of their shares following the IPO.
Analysis · MOBI · Industrial Applications And Services
A Schedule 13D filing reveals that Osage University Partners, a group associated with director William Harrington, now beneficially owns 10.3% of Mobia Medical's common stock. This includes an $8 million purchase of shares at the IPO price of $15.00 on May 11, 2026, which is a significant premium to the current market price of $11.90 and above the 52-week high. This substantial investment by a director-affiliated institutional group immediately post-IPO signals strong conviction in the company's future.
At the time of this filing, MOBI was trading at $11.90 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $393.7M. The 52-week trading range was $11.11 to $12.48. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.