SEC Form SC 13G/A filed by Turnstone Biologics Corp. (Amendment)

4/29/24 8:22:22 AM ET

Biotechnology: Biological Products (No Diagnostic Substances)

Health Care

Get the next $TSBX alert in real time by email

SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.2 TURNSTONE BIOLOGICS CORP COMMON STOCK Cusip #90042W100 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [x] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #90042W100 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 1,385,630 Item 6: 0 Item 7: 1,386,323 Item 8: 0 Item 9: 1,386,323 Item 11: 5.994% Item 12: HC Cusip #90042W100 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 1,386,323 Item 8: 0 Item 9: 1,386,323 Item 11: 5.994% Item 12: IN ? Item 1(a). Name of Issuer: TURNSTONE BIOLOGICS CORP ? Item 1(b). Address of Issuer's Principal Executive Offices:? 9310 ATHENA CIRCLE, SUITE 300 LA JOLLA, CA 92037 USA ? Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 90042W100 Item 3. Not Applicable Item 4. Ownership (a) Amount Beneficially Owned: 1,386,323 (b) Percent of Class: 5.994% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 1,386,323 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of TURNSTONE BIOLOGICS CORP. No one other person's interest in the COMMON STOCK of TURNSTONE BIOLOGICS CORP is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. ????By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. April 26, 2024 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification Fidelity Management & Research Company LLC IA Fidelity Management Trust Company BK IMPRESA MANAGEMENT LLC IA Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on April 26, 2024, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of TURNSTONE BIOLOGICS CORP at April 25, 2024. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

Get the next $TSBX alert in real time by email

Date

Price Target

Rating

Analyst

11/15/2024

Neutral → Underperform

BofA Securities

10/14/2024

Buy → Neutral

BofA Securities

8/16/2023

Market Perform

SVB Securities

8/15/2023

$20.00

Overweight

Piper Sandler

8/15/2023

$18.00

Buy

BofA Securities

SEC Form SC 13G/A filed by Turnstone Biologics Corp. (Amendment)

Chat with this insight

Recent Analyst Ratings for
$TSBX

$TSBX
Leadership Updates

Live Leadership Updates

Turnstone Biologics Corp. Reports First Quarter 2024 Financial Results and Provides Recent Business Highlights

Turnstone Biologics Appoints William Waddill to its Board of Directors

Turnstone Biologics Corp. Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Recent Business Highlights

$TSBX
Market Insights

Live Market Insights

12 Health Care Stocks Moving In Monday's After-Market Session

12 Health Care Stocks Moving In Thursday's After-Market Session

Turnstone Biologics Q1 EPS $(0.85) Misses $(0.78) Estimate

$TSBX
Press Releases

Fastest customizable press release news feed in the world

Turnstone Biologics Corp. Reports Third Quarter 2024 Financial Results and Provides Recent Business Highlights

Turnstone Biologics Presents Preclinical Data Highlighting Potential for Selected Tumor-Infiltrating Lymphocyte (TIL) Therapy in Solid Tumors at the 2024 Society for Immunotherapy of Cancer (SITC) Annual Meeting

Turnstone Biologics Announces Strategic Restructuring to Prioritize Portfolio and Extend Financial Runway

$TSBX
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SEC Form 4 filed by Director Gould Robert J

SEC Form 4 filed by Director Gupta Rishi

SEC Form 4 filed by Director Rajangam Kanya

$TSBX
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Turnstone Biologics downgraded by BofA Securities

Turnstone Biologics downgraded by BofA Securities

SVB Securities initiated coverage on Turnstone Biologics

$TSBX
SEC Filings

$TSBX
Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form 10-Q filed by Turnstone Biologics Corp.

Turnstone Biologics Corp. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

Turnstone Biologics Corp. filed SEC Form 8-K: Regulation FD Disclosure