[SCHEDULE 13D/A] Atara Biotherapeutics, Inc SEC Filing
Amendment No. 1 to a Schedule 13D reports that a group of Panacea-related entities and James Huang together beneficially own 1,712,900 shares of Atara Biotherapeutics common stock, representing 20.0% of the 7,023,032 shares outstanding as of August 6, 2025. The position includes 307,900 warrants that are immediately exercisable but are subject to a contractual cap preventing exercise to the extent it would increase beneficial ownership above 19.99%, so the warrants cannot currently be exercised. Panacea Venture Healthcare Fund II, L.P. purchased 74,335 shares in open market transactions from July 17 through August 19, 2025 for approximately $857,000, including 19,335 shares at a weighted average $9.6391 and 55,000 shares at a weighted average $12.1895. The filing discloses the ownership chain: James Huang owns Panacea Innovation Limited, which controls the GP entities and the funds. No legal proceedings are reported.
Emendamento n. 1 al Schedule 13D indica che un gruppo di entità legate a Panacea insieme a James Huang detiene beneficiariamente 1.712.900 azioni ordinarie di Atara Biotherapeutics, pari al 20,0% delle 7.023.032 azioni in circolazione al 6 agosto 2025. La posizione include 307.900 warrant immediatamente esercitabili ma soggetti a un vincolo contrattuale che ne impedisce l’esercizio nella misura in cui aumenterebbe la partecipazione oltre il 19,99%, pertanto i warrant non possono essere esercitati attualmente. Panacea Venture Healthcare Fund II, L.P. ha acquistato sul mercato aperto 74.335 azioni dal 17 luglio al 19 agosto 2025 per circa $857.000, incluse 19.335 azioni a prezzo medio ponderato di $9,6391 e 55.000 azioni a prezzo medio ponderato di $12,1895. Il documento rivela la catena di controllo: James Huang è proprietario di Panacea Innovation Limited, che controlla le GP entities e i fondi. Non sono riportate azioni legali in corso.
Enmienda n.º 1 al Schedule 13D informa que un grupo de entidades vinculadas a Panacea y James Huang poseen beneficiariamente 1.712.900 acciones ordinarias de Atara Biotherapeutics, lo que representa el 20,0% de las 7.023.032 acciones en circulación a fecha de 6 de agosto de 2025. La posición incluye 307.900 warrants ejercitables de inmediato, pero sujetos a un límite contractual que impide su ejercicio en la medida en que aumente la participación por encima del 19,99%, por lo que actualmente no pueden ejercerse. Panacea Venture Healthcare Fund II, L.P. compró en mercado abierto 74.335 acciones entre el 17 de julio y el 19 de agosto de 2025 por aproximadamente $857.000, incluidas 19.335 acciones a un precio medio ponderado de $9,6391 y 55.000 acciones a un precio medio ponderado de $12,1895. La presentación revela la cadena de propiedad: James Huang posee Panacea Innovation Limited, que controla las entidades GP y los fondos. No se informan procedimientos legales.
Schedule 13D 수정� 1�� 파나시아 관� 기업들과 제임� 황이 합쳐� 아타� 바이오테라퓨틱스 보통� 1,712,900�� 실질적으� 보유하고 있으�, 이는 2025� 8� 6� 기준 발행주식� 7,023,032�� 20.0%� 해당한다� 보고합니�. � 보유에는 즉시 행사 가능한 307,900건의 워런�가 포함되어 있으�, 보유 비율� 19.99% 초과� 증가시키� 경우에는 행사가 제한되는 계약� 상한� 있어 현재� 행사� � 없습니다. Panacea Venture Healthcare Fund II, L.P.� 2025� 7� 17일부� 8� 19일까지 장내거래� 74,335�� � $857,000� 매입했으�, � � 19,335주는 가중평� $9.6391, 55,000주는 가중평� $12.1895� 매수했습니다. 제출서류� 소유 구조� 밝혀: 제임� 황이 Panacea Innovation Limited� 소유하고, � 회사가 GP 계열사들� 펀드를 통제합니�. 법적 소송은 보고되지 않았습니�.
Avenant n°1 au Schedule 13D indique qu’un groupe d’entités liées à Panacea et James Huang détiennent bénévolement 1 712 900 actions ordinaires d’Atara Biotherapeutics, soit 20,0% des 7 023 032 actions en circulation au 6 août 2025. La position comprend 307 900 bons de souscription immédiatement exerçables mais soumis à un plafond contractuel empêchant leur exercice dans la mesure où il augmenterait la participation au-delà de 19,99%, de sorte qu’ils ne peuvent pas être exercés pour l’instant. Panacea Venture Healthcare Fund II, L.P. a acheté en marché ouvert 74 335 actions du 17 juillet au 19 août 2025 pour environ 857 000 $, dont 19 335 actions à un prix moyen pondéré de 9,6391 $ et 55 000 actions à un prix moyen pondéré de 12,1895 $. le dossier révèle la chaîne de propriété : James Huang possède Panacea Innovation Limited, qui contrôle les entités GP et les fonds. Aucune procédure judiciaire n’est signalée.
Nachtrag Nr. 1 zu Schedule 13D berichtet, dass eine Gruppe panacea-naher Gesellschaften und James Huang zusammen wirtschaftlich 1.712.900 Aktien der Atara Biotherapeutics Stammaktien halten, was 20,0% der zum 6. August 2025 ausstehenden 7.023.032 Aktien entspricht. Die Position umfasst 307.900 Warrants, die sofort ausübbar sind, jedoch einer vertraglichen Obergrenze unterliegen, die eine Ausübung verhindert, soweit sie die Beteiligung über 19,99% erhöhen würde; daher können die Warrants derzeit nicht ausgeübt werden. Panacea Venture Healthcare Fund II, L.P. erwarb in Offenen Markttransaktionen vom 17. Juli bis 19. August 2025 74.335 Aktien für etwa $857.000, davon 19.335 Aktien zu einem gewogenen Durchschnittspreis von $9,6391 und 55.000 Aktien zu $12,1895. Die Einreichung legt die Eigentümerkette offen: James Huang besitzt Panacea Innovation Limited, die die GP-Entitäten und die Fonds kontrolliert. Es werden keine Rechtsstreitigkeiten gemeldet.
- Detailed ownership disclosure showing aggregate beneficial ownership of 1,712,900 shares (20.0%).
- Recent open-market purchases of 74,335 shares totaling approximately $857,000, demonstrating accumulation.
- Warrants cannot currently be exercised due to a 19.99% beneficial ownership cap, limiting immediate dilution or increase in stake.
- High ownership concentration (20.0%) under a single affiliated group may raise governance or influence considerations for other shareholders.
Insights
TL;DR Panacea and affiliated entities hold a disclosed 20.0% stake in Atara, with recent open-market purchases totaling 74,335 shares for ~$857k.
The filing documents a material passive equity position representing one-fifth of Atara's outstanding shares. Recent buys were executed across July and August 2025 at weighted average prices of $9.6391 and $12.1895, indicating accumulation via open market purchases rather than a block trade. The position includes 307,900 warrants that are immediately exercisable but effectively restricted by a 19.99% beneficial ownership cap, meaning no warrant exercises are currently permitted. The ownership structure is centralized under James Huang through Cayman entities, which is important for understanding control and voting influence.
TL;DR A single affiliate group reports shared voting/dispositive power over 1,712,900 Atara shares and discloses governance control links to James Huang.
The amendment clarifies beneficial ownership and the chain of control: James Huang is the sole owner of Panacea Innovation Limited, which controls the GP entities for the reporting funds. That centralized ownership and shared voting power over 20.0% of the class are governance-relevant facts for Atara boards and investors evaluating shareholder concentration. The filing includes standard disclaimers of beneficial ownership by affiliated entities but establishes the practical linkage for coordination and potential influence.
Emendamento n. 1 al Schedule 13D indica che un gruppo di entità legate a Panacea insieme a James Huang detiene beneficiariamente 1.712.900 azioni ordinarie di Atara Biotherapeutics, pari al 20,0% delle 7.023.032 azioni in circolazione al 6 agosto 2025. La posizione include 307.900 warrant immediatamente esercitabili ma soggetti a un vincolo contrattuale che ne impedisce l’esercizio nella misura in cui aumenterebbe la partecipazione oltre il 19,99%, pertanto i warrant non possono essere esercitati attualmente. Panacea Venture Healthcare Fund II, L.P. ha acquistato sul mercato aperto 74.335 azioni dal 17 luglio al 19 agosto 2025 per circa $857.000, incluse 19.335 azioni a prezzo medio ponderato di $9,6391 e 55.000 azioni a prezzo medio ponderato di $12,1895. Il documento rivela la catena di controllo: James Huang è proprietario di Panacea Innovation Limited, che controlla le GP entities e i fondi. Non sono riportate azioni legali in corso.
Enmienda n.º 1 al Schedule 13D informa que un grupo de entidades vinculadas a Panacea y James Huang poseen beneficiariamente 1.712.900 acciones ordinarias de Atara Biotherapeutics, lo que representa el 20,0% de las 7.023.032 acciones en circulación a fecha de 6 de agosto de 2025. La posición incluye 307.900 warrants ejercitables de inmediato, pero sujetos a un límite contractual que impide su ejercicio en la medida en que aumente la participación por encima del 19,99%, por lo que actualmente no pueden ejercerse. Panacea Venture Healthcare Fund II, L.P. compró en mercado abierto 74.335 acciones entre el 17 de julio y el 19 de agosto de 2025 por aproximadamente $857.000, incluidas 19.335 acciones a un precio medio ponderado de $9,6391 y 55.000 acciones a un precio medio ponderado de $12,1895. La presentación revela la cadena de propiedad: James Huang posee Panacea Innovation Limited, que controla las entidades GP y los fondos. No se informan procedimientos legales.
Schedule 13D 수정� 1�� 파나시아 관� 기업들과 제임� 황이 합쳐� 아타� 바이오테라퓨틱스 보통� 1,712,900�� 실질적으� 보유하고 있으�, 이는 2025� 8� 6� 기준 발행주식� 7,023,032�� 20.0%� 해당한다� 보고합니�. � 보유에는 즉시 행사 가능한 307,900건의 워런�가 포함되어 있으�, 보유 비율� 19.99% 초과� 증가시키� 경우에는 행사가 제한되는 계약� 상한� 있어 현재� 행사� � 없습니다. Panacea Venture Healthcare Fund II, L.P.� 2025� 7� 17일부� 8� 19일까지 장내거래� 74,335�� � $857,000� 매입했으�, � � 19,335주는 가중평� $9.6391, 55,000주는 가중평� $12.1895� 매수했습니다. 제출서류� 소유 구조� 밝혀: 제임� 황이 Panacea Innovation Limited� 소유하고, � 회사가 GP 계열사들� 펀드를 통제합니�. 법적 소송은 보고되지 않았습니�.
Avenant n°1 au Schedule 13D indique qu’un groupe d’entités liées à Panacea et James Huang détiennent bénévolement 1 712 900 actions ordinaires d’Atara Biotherapeutics, soit 20,0% des 7 023 032 actions en circulation au 6 août 2025. La position comprend 307 900 bons de souscription immédiatement exerçables mais soumis à un plafond contractuel empêchant leur exercice dans la mesure où il augmenterait la participation au-delà de 19,99%, de sorte qu’ils ne peuvent pas être exercés pour l’instant. Panacea Venture Healthcare Fund II, L.P. a acheté en marché ouvert 74 335 actions du 17 juillet au 19 août 2025 pour environ 857 000 $, dont 19 335 actions à un prix moyen pondéré de 9,6391 $ et 55 000 actions à un prix moyen pondéré de 12,1895 $. le dossier révèle la chaîne de propriété : James Huang possède Panacea Innovation Limited, qui contrôle les entités GP et les fonds. Aucune procédure judiciaire n’est signalée.
Nachtrag Nr. 1 zu Schedule 13D berichtet, dass eine Gruppe panacea-naher Gesellschaften und James Huang zusammen wirtschaftlich 1.712.900 Aktien der Atara Biotherapeutics Stammaktien halten, was 20,0% der zum 6. August 2025 ausstehenden 7.023.032 Aktien entspricht. Die Position umfasst 307.900 Warrants, die sofort ausübbar sind, jedoch einer vertraglichen Obergrenze unterliegen, die eine Ausübung verhindert, soweit sie die Beteiligung über 19,99% erhöhen würde; daher können die Warrants derzeit nicht ausgeübt werden. Panacea Venture Healthcare Fund II, L.P. erwarb in Offenen Markttransaktionen vom 17. Juli bis 19. August 2025 74.335 Aktien für etwa $857.000, davon 19.335 Aktien zu einem gewogenen Durchschnittspreis von $9,6391 und 55.000 Aktien zu $12,1895. Die Einreichung legt die Eigentümerkette offen: James Huang besitzt Panacea Innovation Limited, die die GP-Entitäten und die Fonds kontrolliert. Es werden keine Rechtsstreitigkeiten gemeldet.