STOCK TITAN

Venrock entities disclose 5.2% stake in Achieve Life (ACHV) after April placement

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Achieve Life Sciences reports group beneficial ownership by Venrock-related entities totaling 5,502,064 shares, representing 5.2% of common stock. The filing states the ownership calculation uses 53,239,988 shares outstanding as of March 24, 2026, plus 49,418,069 shares from a private placement closed on April 17, 2026, and 2,751,032 shares issuable upon exercise of warrants.

The report lists the Reporting Persons as Venrock funds and related managers plus Nimish Shah and Bong Koh, with shared voting and dispositive power over the 5,502,064 shares disclosed.

Positive

  • None.

Negative

  • None.

Insights

Venrock group holds a disclosed 5.2% stake via shared voting/dispositive power.

The report lists 5,502,064 shares held with shared voting and dispositive power across Venrock entities and named individuals. The ownership percentage is calculated using the issuer's stated share counts as of March 24, 2026 and the April private placement.

Key dependencies include the stated outstanding share base (53,239,988) and the private placement closing on April 17, 2026. Subsequent filings may update these figures.

Shared voting control implies group coordination rather than sole control by any single Reporting Person.

The filing shows 0 sole voting power and 5,502,064 shared voting and dispositive power for each listed Reporting Person, indicating collective governance influence. VHCP Management entities are identified as GP/manager roles.

Watch for future Schedule 13D/13G amendments if any Reporting Person gains sole power or changes the percent of class above reporting thresholds.

Reported shares held 5,502,064 shares Aggregate shares beneficially owned by the Venrock group
Percent of class 5.2% Percentage of common stock reported in Row 11 of cover pages
Shares outstanding (anchor) 53,239,988 shares Shares outstanding as of <date>March 24, 2026</date>
Private placement shares 49,418,069 shares Shares issued in private placement closed on <date>April 17, 2026</date>
Warrants exercisable 2,751,032 shares Shares issuable upon exercise of warrants included in percentage calculation
beneficially owned regulatory
"Amount beneficially owned: Row 9 of each Reporting Person's cover page"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared dispositive power regulatory
"Shared Dispositive Power 5,502,064.00"
private placement financial
"49,418,069 shares of common stock issued in the private placement closed on April 17, 2026"
A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.
warrants immediately exercisable financial
"Warrants immediately exercisable for up to 1,843,960 shares"
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004468500

(CUSIP Number)
04/17/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Venrock Healthcare Capital Partners III, L.P.
Signature:/s/ Sherman G. Souther
Name/Title:By VHCP Management III, LLC, its General Partner, By Sherman G. Souther, Authorized Signatory
Date:04/24/2026
VHCP Co-Investment Holdings III, LLC
Signature:/s/ Sherman G. Souther
Name/Title:By VHCP Management III, LLC, its Manager, By Sherman G. Souther, Authorized Signatory
Date:04/24/2026
Venrock Healthcare Capital Partners EG, L.P.
Signature:/s/ Sherman G. Souther
Name/Title:By VHCP Management EG, LLC, its General Partner, By Sherman G. Souther, Authorized Signatory
Date:04/24/2026
VHCP Management III, LLC
Signature:/s/ Sherman G. Souther
Name/Title:By Sherman G. Souther, Authorized Signatory
Date:04/24/2026
VHCP Management EG, LLC
Signature:/s/ Sherman G. Souther
Name/Title:By Sherman G. Souther, Authorized Signatory
Date:04/24/2026
Nimish Shah
Signature:/s/ Sherman G. Souther
Name/Title:By Sherman G. Souther, Attorney-in-fact
Date:04/24/2026
Bong Y. Koh
Signature:/s/ Sherman G. Souther
Name/Title:By Sherman G. Souther, Attorney-in-fact
Date:04/24/2026
Exhibit Information

Exhibit 24.1 Power of Attorney for Bong Koh Exhibit 24.2 Power of Attorney for Nimish Shah Exhibit 99.1 Joint Filing Agreement

FAQ

What stake does Venrock report in ACHV?

The filing reports a collective holding of 5,502,064 shares, equal to 5.2% of common stock. The percentage is calculated using share counts including the April 17, 2026 private placement and warrants exercisable into common stock.

Which entities are named as Reporting Persons in the ACHV filing?

The report names Venrock Healthcare Capital Partners III, VHCP Co-Investment Holdings III, Venrock Healthcare Capital Partners EG, VHCP Management entities, plus individuals Nimish Shah and Bong Koh. They file as a group with shared powers.

How was the percent of class calculated in the ACHV Schedule 13G?

The percentage uses 53,239,988 shares outstanding as of March 24, 2026, the 49,418,069 shares from an April 17, 2026 private placement, and 2,751,032 shares issuable on warrant exercise, per the filing's explicit statement.

Do any Reporting Persons claim sole voting power over ACHV shares?

No. Each Reporting Person's cover data shows 0 sole voting power and 5,502,064 shared voting power, indicating shared control rather than sole voting authority over the disclosed shares.