| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ABSI | Common Stock | Conversion of derivative security | $0 | +4.21M | $0.00 | 4.21M | Jul 26, 2021 | Direct | F1, F2 | |
| transaction | ABSI | Common Stock | Conversion of derivative security | $0 | +973K | +23.12% | $0.00 | 5.18M | Jul 26, 2021 | Direct | F2, F3 |
| transaction | ABSI | Common Stock | Purchase | $25M | +1.56M | +30.15% | $16.00* | 6.75M | Jul 26, 2021 | Direct | F2 |
| transaction | ABSI | Common Stock | Conversion of derivative security | $0 | +973K | $0.00 | 973K | Jul 26, 2021 | See footnote | F3, F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ABSI | Series E Preferred Stock | Conversion of derivative security | $0 | -1.27M | -100% | $0.00* | 0 | Jul 26, 2021 | Common Stock | 4.21M | Direct | F1, F2 | |
| transaction | ABSI | Convertible Note | Conversion of derivative security | -$12.8M | 0 | Jul 26, 2021 | Common Stock | 973K | $13.12 | Direct | F2, F3 | |||
| transaction | ABSI | Convertible Note | Conversion of derivative security | -$12.8M | 0 | Jul 26, 2021 | Common Stock | 973K | $13.12 | See footnote | F3, F4 |
| Id | Content |
|---|---|
| F1 | These shares of the Series E Preferred Stock automatically converted on a one-for-3.3031 basis into the number of shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock"), shown in Column 7 immediately upon closing of the Issuer's initial public offering ("IPO") without payment of additional consideration. The Series E Preferred Stock had no expiration date. |
| F2 | These shares are held by Casdin Partners Master Fund, L.P. Casdin Capital, LLC ("Casdin Capital") is the investment adviser to Casdin Partners Master Fund, L.P., and Casdin Partners GP, LLC ("Casdin Partners GP") is the general partner of Casdin Partners Master Fund, L.P. Eli Casdin is the managing member of Casdin Capital and Casdin Partners GP. Each of Casdin Capital, Casdin Partners GP and Eli Casdin disclaims beneficial ownership of such securities except to the extent of their respective pecuniary interest therein, if any. Eli Casdin is a director of the Issuer and, accordingly, files separate Section 16 reports |
| F3 | This convertible promissory note ("Convertible Note") had a maturity date of September 16, 2023. The principal and accrued interest under the Convertible Note converted upon the closing of the IPO into shares of Common Stock at a conversion price equal to $13.12 per share without payment of additional consideration. |
| F4 | These shares are held by Casdin Private Growth Equity Fund, L.P. Casdin Capital is the investment adviser to Casdin Private Growth Equity Fund, L.P. and Casdin Private Growth Equity Fund GP, LLC ("Casdin Private Growth GP") is the general partner of Casdin Private Growth Equity Fund, L.P. Eli Casdin is the managing member of Casdin Capital and Casdin Private Growth GP. Each of Casdin Capital, Casdin Private Growth GP and Eli Casdin disclaims beneficial ownership of such securities except to the extent of their respective pecuniary interest therein, if any. Eli Casdin is a director of the Issuer and, accordingly, files separate Section 16 reports. |
Eli Casdin has been deputized to represent the Reporting Persons on the board of directors of the Issuer. By virtue of Mr. Casdin's representation, for purposes of Section 16 of the Securities Exchange Act of 1934 (the "Exchange Act"), each of the Reporting Persons may be deemed directors by deputization of the Issuer. Mr. Casdin files separate Section 16 reports disclosing securities of the Issuer that he may be deemed to beneficially own for Section 16 purposes.