SV Life Sciences Fund VI buys 92,857 Trex Bio shares for $1,299,998
TRXB•SV Life Sciences Fund VI bought 92,857 Trex Bio shares for $1,299,998, according to the headline. The filing brief also reports purchases at $14 per share and increases in affiliated funds’ holdings following preferred-stock conversions.
1. Fund holdings increase
SV Life Sciences Fund VI, L.P. bought 89,783 shares at $14, bringing its holding to 214,869 shares. Preferred stock converted into common stock, raising its position to 2,264,354 shares. SV Life Sciences Fund VI Strategic Partners, L.P. added shares at $14 and held 77,525 shares following conversions; SV Trex Coinvestment, L.P. held 669,939 shares following a conversion.
