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Aspen Neuroscience, Inc. Form SCHEDULE 13D — Nov 9, 2026

Form SCHEDULE 13DFiled Nov 9, 2026, 7:28 PM ET0001193125-26-454047Original filing

ARCH Venture entities and partners filed a Schedule 13D disclosing beneficial ownership of 3,754,922 shares of Aspen Neuroscience common stock, a 12.9% stake, following Aspen's IPO. Paul Berns separately reports 1,200,000 shares, or 4.1% of the class. The stake stems from five rounds of preferred stock purchases dating back to December 2018, plus a November 2, 2026 purchase of 1,333,333 shares at $15.00 per share from the IPO underwriters, with cumulative purchases totaling roughly $65 million across the three ARCH funds.

Key figures

Shares Outstanding
29078600
Total paid avf x
$24,399,203.64
Arch shares owned
3754922
Ipo reverse split
1 for 9.8821
Arch percent owned
12.9%
Berns shares owned
1200000
Lockup period days
180
Total paid avf xiv
$18,000,000.00
Berns percent owned
4.1%
Purchase date common
11/02/2026
Purchase price common
$15.00 per share
Total paid avf x overage
$22,715,335.19

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.