NOVO HOLDINGS A/S purchased 76.2% of their position (2.47M shares) of IO BIOTECH, INC. on the open market
Open‑market purchase worth $5.00M — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 8/11/2023ACC: 0001209191-23-045444
+4.94M
Net shares
Net buyer
$5.00M
Total acquired
1
Open market trades
1B · 0S
2
Total transactions
4.94M acquired
Non-Derivative Transactions1
Common Stock
Direct
Shares
+2.47M
Price / share
$2.02
Trade value
$5M
% of position
76.2%
8/9/2023
3.24M→5.71M
Total
Net shares
+2.47M
Net value
$5M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 8/9/2023 | P · Purchase | +2.47M | $2.02 | $5M | 76.2% | 3.24M | 5.71M |
| Total | +2.47M | $5M | ||||||
Derivative Transactions1
Common Stock Warrant (Right to Buy)
Direct
Converts to
Common Stock
2.47M shares
Shares
+2.47M
Strike price
2.47
Held after
2.47M
Exercisable
—
8/9/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Common Stock Warrant (Right to Buy) Direct | Common Stock2.47M shares | 8/9/2023 | P · Purchase | +2.47M | 2.47 | — | 2.47M |