Filing Details

Accession Number:
0001193125-24-036184
Form Type:
13G Filing
Publication Date:
2024-02-13 19:00:00
Filed By:
Southpoint Capital Advisors
Company:
Tango Therapeutics Inc.
Filing Date:
2024-02-14
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Southpoint Master Fund 0 5,276,699 0 5,276,699 5,276,699 5.2%
Southpoint Capital Advisors 0 5,276,699 0 5,276,699 5,276,699 5.2%
Southpoint Capital Advisors 0 5,276,699 0 5,276,699 5,276,699 5.2%
Southpoint GP 0 5,276,699 0 5,276,699 5,276,699 5.2%
Southpoint GP 0 5,276,699 0 5,276,699 5,276,699 5.2%
John S. Clark II 0 5,276,699 0 5,276,699 5,276,699 5.2%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

Tango Therapeutics, Inc.

(Name of Issuer)

Common Stock, par value $0.001

(Title of Class of Securities)

87583X109

(CUSIP Number)

December 31, 2023

(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)

 

*

The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 87583X109

 

 1   

 NAMES OF REPORTING PERSONS

 

 Southpoint Master Fund, LP

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a) ☐  (b) ☒

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5    

 SOLE VOTING POWER

 

 0

   6   

 SHARED VOTING POWER

 

 5,276,699

   7   

 SOLE DISPOSITIVE POWER

 

 0

   8   

 SHARED DISPOSITIVE POWER

 

 5,276,699

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 5,276,699

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 ☐

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 5.2%

12  

 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 PN (Limited Partnership)


CUSIP No. 87583X109

 

 1   

 NAMES OF REPORTING PERSONS

 

 Southpoint Capital Advisors LP

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a) ☐  (b) ☒

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5    

 SOLE VOTING POWER

 

 0

   6   

 SHARED VOTING POWER

 

 5,276,699

   7   

 SOLE DISPOSITIVE POWER

 

 0

   8   

 SHARED DISPOSITIVE POWER

 

 5,276,699

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 5,276,699

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 ☐

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 5.2%

12  

 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 PN (Limited Partnership)


CUSIP No. 87583X109

 

 1   

 NAMES OF REPORTING PERSONS

 

 Southpoint Capital Advisors LLC

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a) ☐  (b) ☒

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5    

 SOLE VOTING POWER

 

 0

   6   

 SHARED VOTING POWER

 

 5,276,699

   7   

 SOLE DISPOSITIVE POWER

 

 0

   8   

 SHARED DISPOSITIVE POWER

 

 5,276,699

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 5,276,699

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 ☐

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 5.2%

12  

 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 OO (Limited Liability Company)


CUSIP No. 87583X109

 

 1   

 NAMES OF REPORTING PERSONS

 

 Southpoint GP, LP

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a) ☐  (b) ☒

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5    

 SOLE VOTING POWER

 

 0

   6   

 SHARED VOTING POWER

 

 5,276,699

   7   

 SOLE DISPOSITIVE POWER

 

 0

   8   

 SHARED DISPOSITIVE POWER

 

 5,276,699

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 5,276,699

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 ☐

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 5.2%

12  

 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 PN (Limited Partnership)


CUSIP No. 87583X109

 

 1   

 NAMES OF REPORTING PERSONS

 

 Southpoint GP, LLC

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a) ☐  (b) ☒

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5    

 SOLE VOTING POWER

 

 0

   6   

 SHARED VOTING POWER

 

 5,276,699

   7   

 SOLE DISPOSITIVE POWER

 

 0

   8   

 SHARED DISPOSITIVE POWER

 

 5,276,699

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 5,276,699

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 ☐

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 5.2%

12  

 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 OO (Limited Liability Company)


CUSIP No. 87583X109

 

 1   

 NAMES OF REPORTING PERSONS

 

 John S. Clark II

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a) ☐  (b) ☒

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 United States

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5    

 SOLE VOTING POWER

 

 0

   6   

 SHARED VOTING POWER

 

 5,276,699

   7   

 SOLE DISPOSITIVE POWER

 

 0

   8   

 SHARED DISPOSITIVE POWER

 

 5,276,699

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 5,276,699

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 ☐

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 5.2%

12  

 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 IN


Item 1(a).

Name of Issuer:

Tango Therapeutics, Inc. (the Issuer)

 

Item 1(b).

Address of Issuers Principal Executive Offices:

201 Brookline Avenue, Suite 901

Boston, MA 02215

 

Item 2(a).

Names of Persons Filing:

The name of the persons filing this report (the Reporting Persons) are:

 

  (i)

Southpoint Master Fund, LP

 

  (ii)

Southpoint Capital Advisors LP

 

  (iii)

Southpoint Capital Advisors LLC

 

  (iv)

Southpoint GP, LP

 

  (v)

Southpoint GP, LLC

 

  (vi)

John S. Clark II

 

Item 2(b).

Address of Principal Business Office or, if None, Residence:

The address of the principal business office of each of the Reporting Persons is:

1114 Avenue of the Americas, 22nd Floor

New York, NY 10036

 

Item 2(c).

Citizenship:

 

Southpoint Master Fund, L.P.:    Cayman Islands
Southpoint Capital Advisors LP:    Delaware
Southpoint Capital Advisors LLC:    Delaware
Southpoint GP, LP:    Delaware
Southpoint GP, LLC:    Delaware
John S. Clark II:    United States

 

Item 2(d).

Title of Class of Securities:

Common Stock, par value $0.001 (Common Stock)

 

Item 2(e).

CUSIP Number:

87583X109

 

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

Not applicable.


Item 4.

Ownership.

The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Schedule 13G. The ownership percentages are based on 101,989,696 outstanding shares of Common Stock as reported in the Issuers Quarterly Report on Form 10-Q filed November 8, 2023.

Shares reported herein are held by Southpoint Master Fund, LP for which Southpoint Capital Advisors LP serves as the investment manager and Southpoint GP, LP serves as the general partner. Southpoint Capital Advisors LLC serves as the general partner of Southpoint Capital Advisors LP and Southpoint GP, LLC serves as the general partner of Southpoint GP, LP. John S. Clark II serves as the managing member of both Southpoint Capital Advisors LLC and Southpoint GP, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein.

 

Item 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the Reporting Person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

 

Item 9.

Notice of Dissolution of Group.

Not applicable.

 

Item 10.

Certification.

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, other than activities solely in connection with a nomination under § 240.14a-11.


SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Date: February 14, 2024

 

SOUTHPOINT MASTER FUND, LP

By: Southpoint GP, LP, its General Partner

By: Southpoint GP, LLC, its General Partner

By:  

/s/ John S. Clark II

 

John S. Clark II

Managing Member

SOUTHPOINT CAPITAL ADVISORS LP

By: Southpoint Capital Advisors LLC, its General Partner

By:  

/s/ John S. Clark II

 

John S. Clark II

Managing Member

SOUTHPOINT CAPITAL ADVISORS LLC
By:  

/s/ John S. Clark II

 

John S. Clark II

Managing Member

SOUTHPOINT GP, LP

By: Southpoint GP, LLC, its General Partner

By:  

/s/ John S. Clark II

 

John S. Clark II

Managing Member

SOUTHPOINT GP, LLC
By:  

/s/ John S. Clark II

 

John S. Clark II

Managing Member

JOHN S. CLARK II
By:  

/s/ John S. Clark II

  John S. Clark II, individually