[SCHEDULE 13D/A] Helix Acquisition Corp. II SEC Filing
Amendment No. 2 to a Schedule 13D reports that the Reporting Persons � including Helix Holdings II LLC (Sponsor), several Cormorant funds and Bihua Chen � hold an aggregate of 17,878,594 shares of BridgeBio Oncology Therapeutics, Inc. Common Stock, representing 22.6% of the outstanding shares based on 79,196,710 shares outstanding. The filing documents the Domestication and Merger that converted Helix securities into the Issuer's Common Stock and notes Sponsor forfeitures totaling 460,814 shares across two forfeiture events tied to the transaction.
The Reporting Persons participated in the PIPE closing and purchased 6,998,031 shares at $10.7173 per share. They entered into a Lock-Up Agreement that restricts transfers of their pre-closing shares for one year after the later of the Form 10 filing or the closing date, but the lock-up excludes shares purchased in the PIPE. The filing also references registration rights and several transaction agreements and discloses that Ms. Chen serves on the Issuer's board and has voting and investment discretion over the Cormorant funds and the Sponsor.
Emendamento n. 2 al Schedule 13D riporta che le Persone segnalanti � tra cui Helix Holdings II LLC (Sponsor), vari fondi Cormorant e Bihua Chen � detengono complessivamente 17,878,594 azioni ordinarie di BridgeBio Oncology Therapeutics, Inc., pari al 22,6% delle azioni in circolazione su un totale di 79,196,710 azioni. Il deposito documenta la Domestication and Merger che ha convertito i titoli di Helix nelle azioni ordinarie dell'Emittente e segnala che lo Sponsor ha subito due eventi di decadenza che hanno comportato la perdita complessiva di 460,814 azioni.
Le Persone segnalanti hanno partecipato alla chiusura del PIPE e acquistato 6,998,031 azioni a $10.7173 per azione. Hanno sottoscritto un accordo di lock-up che limita le cessioni delle azioni detenute prima della chiusura per un anno dalla data più tarda tra la presentazione del Modulo 10 o la data di chiusura, ma il lock-up esclude le azioni acquistate nel PIPE. Il deposito fa inoltre riferimento a diritti di registrazione e a vari accordi relativi alla transazione e dichiara che la Sig.ra Chen siede nel consiglio dell'Emittente e ha discrezionalità di voto e di investimento sui fondi Cormorant e sullo Sponsor.
Enmienda No. 2 al Schedule 13D informa que las Personas Informantes —incluyendo a Helix Holdings II LLC (Sponsor), varios fondos Cormorant y a Bihua Chen� poseen en conjunto 17,878,594 acciones ordinarias de BridgeBio Oncology Therapeutics, Inc., lo que representa el 22,6% de las acciones en circulación, sobre un total de 79,196,710 acciones. La presentación documenta la Domestication and Merger que convirtió los valores de Helix en acciones ordinarias del Emisor y señala que el Sponsor tuvo dos eventos de caducidad que resultaron en la pérdida total de 460,814 acciones.
Las Personas Informantes participaron en el cierre del PIPE y compraron 6,998,031 acciones a $10.7173 por acción. Suscribieron un Acuerdo de Lock-Up que restringe las transferencias de sus acciones anteriores al cierre durante un año a partir de la fecha más tardía entre la presentación del Formulario 10 o la fecha de cierre, pero el lock-up excluye las acciones compradas en el PIPE. La presentación también hace referencia a derechos de registro y varios acuerdos de la transacción y revela que la Sra. Chen forma parte del consejo del Emisor y tiene discreción de voto e inversión sobre los fondos Cormorant y el Sponsor.
Schedule 13D� 대� 수정� �2�� 보고인들 � Helix Holdings II LLC(스폰�), 여러 Cormorant 펀� � Bihua Chen� 포함 � � BridgeBio Oncology Therapeutics, Inc.� 보통주를 � 17,878,594� 보유하고 있으�, 발행주식� 79,196,710주를 기준으로 22.6%� 차지한다� 보고합니�. 제출서류� Helix� 증권� 발행인의 보통주로 전환� Domestication and Merger� 문서화하� 있으�, 스폰서가 해당 거래와 관련된 � 차례� 몰수(포기) 이벤트로 � 460,814�� 포기했다� 기재되어 있습니다.
보고인들은 PIPE 마감� 참여하여 주당 $10.7173� 6,998,031주를 매수했습니다. 이들은 Form 10 제출� 또는 마감� � 늦는 날로부� 1� 동안 마감 이전 보유주식� 이전� 제한하는 Lock-Up 계약� 체결했으�, � 락업은 PIPE에서 매수� 주식은 젵ә합니�. 제출서류� 또한 등록권과 여러 거래계약� 언급하며, Chen 씨가 발행인의 이사회에 재직하고 Cormorant 펀� � 스폰서에 대� 의결� � 투자 재량� 보유하고 있음� 공시합니�.
Amendement n°2 au Schedule 13D rapporte que les personnes déclarante � y compris Helix Holdings II LLC (Sponsor), plusieurs fonds Cormorant et Bihua Chen � détiennent au total 17,878,594 actions ordinaires de BridgeBio Oncology Therapeutics, Inc., représentant 22,6% des actions en circulation, sur la base de 79,196,710 actions en circulation. Le dossier documente la Domestication and Merger qui a converti les titres de Helix en actions ordinaires de l'Émetteur et indique que le Sponsor a renoncé à un total de 460,814 actions au titre de deux événements de déchéance liés à la transaction.
Les personnes déclarante ont participé à la clôture du PIPE et acheté 6,998,031 actions à 10,7173 $ par action. Elles ont conclu un accord de lock-up qui restreint les transferts de leurs actions détenues avant la clôture pendant un an à compter de la date la plus tardive entre le dépôt du formulaire 10 et la date de clôture, mais le lock-up exclut les actions achetées dans le PIPE. Le dossier fait également référence aux droits d'enregistrement et à plusieurs accords transactionnels et révèle que Mme Chen siège au conseil d'administration de l'Émetteur et exerce la discrétion en matière de vote et d'investissement sur les fonds Cormorant et le Sponsor.
Nachtrag Nr. 2 zum Schedule 13D berichtet, dass die meldenden Personen � einschließlich Helix Holdings II LLC (Sponsor), mehrere Cormorant-Fonds und Bihua Chen � insgesamt 17,878,594 Aktien der Stammaktien von BridgeBio Oncology Therapeutics, Inc. halten, was bei 79,196,710 ausstehenden Aktien 22,6% entspricht. Die Einreichung dokumentiert die Domestication and Merger, die Helix-Wertpapiere in Stammaktien des Emittenten umwandelte, und vermerkt Verfälle des Sponsors in Höhe von insgesamt 460,814 Aktien in zwei mit der Transaktion verbundenen Verfallereignissen.
Die meldenden Personen nahmen am PIPE-Closing teil und kauften 6,998,031 Aktien zu je $10.7173. Sie schlossen eine Lock-Up-Vereinbarung ab, die die Übertragung ihrer vor dem Closing gehaltenen Aktien für ein Jahr nach dem jeweils späteren Zeitpunkt der Einreichung des Formulars 10 oder dem Closing einschränkt, wobei das Lock-Up jedoch die im PIPE erworbenen Aktien ausschließt. Die Einreichung verweist außerdem auf Registrierungsrechte und mehrere Transaktionsvereinbarungen und legt offen, dass Frau Chen im Vorstand des Emittenten sitzt und über Stimm- und Investitionsdispositionen für die Cormorant-Fonds und den Sponsor verfügt.
- Material economic commitment: Reporting Persons purchased 6,998,031 PIPE shares at $10.7173, demonstrating capital support for the combined company.
- Significant ownership alignment: Combined beneficial ownership of 17,878,594 shares (22.6%) provides a substantial, disclosed economic stake.
- Transaction completion: Domestication and Merger converted legacy Helix securities into Issuer Common Stock, clarifying post-close capital structure.
- Registration rights agreed: The Issuer entered into a Registration Rights Agreement covering resale registration for certain shareholders, including the Reporting Persons.
- Concentration of voting/investment discretion: Ms. Bihua Chen has voting and investment discretion over multiple affiliated funds and the Sponsor, creating concentrated influence over 22.6% of the shares.
- Lock-up carve-out: The Lock-Up Agreement excludes shares purchased in the PIPE, allowing those PIPE shares to be transferable immediately, which may increase short-term selling pressure relative to locked-up shares.
- Sponsor forfeitures: Sponsor forfeited a total of 460,814 shares across the transaction mechanics, reducing certain legacy holdings.
Insights
TL;DR: Reporting persons acquired a material, aligned economic stake and participated in a $10.7173 PIPE totaling 6,998,031 shares.
The combined beneficial ownership disclosed � 17.9 million shares (22.6%) � is material relative to 79.2 million outstanding shares and establishes a significant aligned economic position following the Domestication and Merger. The PIPE purchase of 6,998,031 shares at $10.7173 injects capital and shows continued financial commitment from the Reporting Persons. Sponsor forfeitures reduced certain legacy holdings as part of transaction mechanics, and the Registration Rights Agreement may facilitate future resale subject to timing constraints. Overall, this transaction materially changes the post-close shareholder composition and is likely to be a key input to valuation and liquidity analyses.
TL;DR: Significant board-affiliated ownership and lock-up create both alignment and concentrated voting influence with mixed governance implications.
The filing confirms that Ms. Bihua Chen is a director and has voting and investment discretion over multiple affiliated funds and the Sponsor, cumulatively controlling 22.6% of common stock. The Lock-Up Agreement restricts transfers of pre-closing shares for one year but expressly excludes PIPE shares, which may affect near-term public float and resale dynamics. The existence of Registration Rights and the Reporting Persons' ability to transact in the future are disclosed; these contractual elements shape liquidity and governance timelines. These facts are material to board composition, shareholder influence and potential future corporate actions, representing mixed governance outcomes.
Emendamento n. 2 al Schedule 13D riporta che le Persone segnalanti � tra cui Helix Holdings II LLC (Sponsor), vari fondi Cormorant e Bihua Chen � detengono complessivamente 17,878,594 azioni ordinarie di BridgeBio Oncology Therapeutics, Inc., pari al 22,6% delle azioni in circolazione su un totale di 79,196,710 azioni. Il deposito documenta la Domestication and Merger che ha convertito i titoli di Helix nelle azioni ordinarie dell'Emittente e segnala che lo Sponsor ha subito due eventi di decadenza che hanno comportato la perdita complessiva di 460,814 azioni.
Le Persone segnalanti hanno partecipato alla chiusura del PIPE e acquistato 6,998,031 azioni a $10.7173 per azione. Hanno sottoscritto un accordo di lock-up che limita le cessioni delle azioni detenute prima della chiusura per un anno dalla data più tarda tra la presentazione del Modulo 10 o la data di chiusura, ma il lock-up esclude le azioni acquistate nel PIPE. Il deposito fa inoltre riferimento a diritti di registrazione e a vari accordi relativi alla transazione e dichiara che la Sig.ra Chen siede nel consiglio dell'Emittente e ha discrezionalità di voto e di investimento sui fondi Cormorant e sullo Sponsor.
Enmienda No. 2 al Schedule 13D informa que las Personas Informantes —incluyendo a Helix Holdings II LLC (Sponsor), varios fondos Cormorant y a Bihua Chen� poseen en conjunto 17,878,594 acciones ordinarias de BridgeBio Oncology Therapeutics, Inc., lo que representa el 22,6% de las acciones en circulación, sobre un total de 79,196,710 acciones. La presentación documenta la Domestication and Merger que convirtió los valores de Helix en acciones ordinarias del Emisor y señala que el Sponsor tuvo dos eventos de caducidad que resultaron en la pérdida total de 460,814 acciones.
Las Personas Informantes participaron en el cierre del PIPE y compraron 6,998,031 acciones a $10.7173 por acción. Suscribieron un Acuerdo de Lock-Up que restringe las transferencias de sus acciones anteriores al cierre durante un año a partir de la fecha más tardía entre la presentación del Formulario 10 o la fecha de cierre, pero el lock-up excluye las acciones compradas en el PIPE. La presentación también hace referencia a derechos de registro y varios acuerdos de la transacción y revela que la Sra. Chen forma parte del consejo del Emisor y tiene discreción de voto e inversión sobre los fondos Cormorant y el Sponsor.
Schedule 13D� 대� 수정� �2�� 보고인들 � Helix Holdings II LLC(스폰�), 여러 Cormorant 펀� � Bihua Chen� 포함 � � BridgeBio Oncology Therapeutics, Inc.� 보통주를 � 17,878,594� 보유하고 있으�, 발행주식� 79,196,710주를 기준으로 22.6%� 차지한다� 보고합니�. 제출서류� Helix� 증권� 발행인의 보통주로 전환� Domestication and Merger� 문서화하� 있으�, 스폰서가 해당 거래와 관련된 � 차례� 몰수(포기) 이벤트로 � 460,814�� 포기했다� 기재되어 있습니다.
보고인들은 PIPE 마감� 참여하여 주당 $10.7173� 6,998,031주를 매수했습니다. 이들은 Form 10 제출� 또는 마감� � 늦는 날로부� 1� 동안 마감 이전 보유주식� 이전� 제한하는 Lock-Up 계약� 체결했으�, � 락업은 PIPE에서 매수� 주식은 젵ә합니�. 제출서류� 또한 등록권과 여러 거래계약� 언급하며, Chen 씨가 발행인의 이사회에 재직하고 Cormorant 펀� � 스폰서에 대� 의결� � 투자 재량� 보유하고 있음� 공시합니�.
Amendement n°2 au Schedule 13D rapporte que les personnes déclarante � y compris Helix Holdings II LLC (Sponsor), plusieurs fonds Cormorant et Bihua Chen � détiennent au total 17,878,594 actions ordinaires de BridgeBio Oncology Therapeutics, Inc., représentant 22,6% des actions en circulation, sur la base de 79,196,710 actions en circulation. Le dossier documente la Domestication and Merger qui a converti les titres de Helix en actions ordinaires de l'Émetteur et indique que le Sponsor a renoncé à un total de 460,814 actions au titre de deux événements de déchéance liés à la transaction.
Les personnes déclarante ont participé à la clôture du PIPE et acheté 6,998,031 actions à 10,7173 $ par action. Elles ont conclu un accord de lock-up qui restreint les transferts de leurs actions détenues avant la clôture pendant un an à compter de la date la plus tardive entre le dépôt du formulaire 10 et la date de clôture, mais le lock-up exclut les actions achetées dans le PIPE. Le dossier fait également référence aux droits d'enregistrement et à plusieurs accords transactionnels et révèle que Mme Chen siège au conseil d'administration de l'Émetteur et exerce la discrétion en matière de vote et d'investissement sur les fonds Cormorant et le Sponsor.
Nachtrag Nr. 2 zum Schedule 13D berichtet, dass die meldenden Personen � einschließlich Helix Holdings II LLC (Sponsor), mehrere Cormorant-Fonds und Bihua Chen � insgesamt 17,878,594 Aktien der Stammaktien von BridgeBio Oncology Therapeutics, Inc. halten, was bei 79,196,710 ausstehenden Aktien 22,6% entspricht. Die Einreichung dokumentiert die Domestication and Merger, die Helix-Wertpapiere in Stammaktien des Emittenten umwandelte, und vermerkt Verfälle des Sponsors in Höhe von insgesamt 460,814 Aktien in zwei mit der Transaktion verbundenen Verfallereignissen.
Die meldenden Personen nahmen am PIPE-Closing teil und kauften 6,998,031 Aktien zu je $10.7173. Sie schlossen eine Lock-Up-Vereinbarung ab, die die Übertragung ihrer vor dem Closing gehaltenen Aktien für ein Jahr nach dem jeweils späteren Zeitpunkt der Einreichung des Formulars 10 oder dem Closing einschränkt, wobei das Lock-Up jedoch die im PIPE erworbenen Aktien ausschließt. Die Einreichung verweist außerdem auf Registrierungsrechte und mehrere Transaktionsvereinbarungen und legt offen, dass Frau Chen im Vorstand des Emittenten sitzt und über Stimm- und Investitionsdispositionen für die Cormorant-Fonds und den Sponsor verfügt.