Major Investor Group's Stake Diluted to 29.3% Following Company Offerings

summarizeSummary

The Column Group III, a major investor group including a company director, reported a diluted ownership stake of 29.3% in Surrozen, Inc., reflecting the impact of recent company share issuances.

check_boxKey Events

• Major Shareholder Update

  The Column Group III entities, including director Tim Kutzkey, now beneficially own 3,824,612 shares, representing 29.3% of Surrozen's common stock.

• Dilution from Company Offerings

  The decrease in percentage ownership is attributed to dilution from the company's recent capital raising activities, including a $200 million shelf offering and a $50 million At-The-Market program launched in March 2026.

• Significant Stake Maintained

  Despite the dilution, the group's holding remains substantial, valued at approximately $107.7 million based on the current stock price.

auto_awesomeAnalysis

This Schedule 13D/A updates the beneficial ownership of The Column Group III entities, including director Tim Kutzkey, to 29.3% of Surrozen's common stock. The filing explicitly states this percentage decrease is due to dilution from the company's recent sales of additional shares, such as the $200 million shelf offering and $50 million ATM program initiated in March 2026. While the group remains a significant shareholder, their relative influence has been reduced by these capital raises.