TANG Capital Management LLC, 10% Owner at Rain Oncology Inc. (RAIN), bought 495,616 shares at $0.97 ($486K) on 2023-10-11, disclosed to the SEC on 2023-10-13.
Open-market purchase of $486k RAIN by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.97 | 74,812 | $73K | 14.9% |
| 2 | $0.97 | 74,812 | $73K | 14.9% |
| 3 | $0.98 | 25,188 | $25K | 5.1% |
| 4 | $0.98 | 52,514 | $51K | 10.6% |
| 5 | $0.98 | 52,514 | $51K | 10.6% |
| 6 | $0.99 | 47,486 |
| $47K |
| 9.7% |
| 7 | $0.99 | 84,145 | $83K | 17.1% |
| 8 | $0.99 | 84,145 | $83K | 17.1% |
| Total | $0.98 avg | 495,616 | $486K | 100% |
| Filing → |
| JNCE | BUY | 2023-03-14 | $151K | — | Filing → |
| ODT | SELL | 2021-11-19 | $9.5M | — | Filing → |
| LJPC | BUY | 2021-06-01 | $2.2M | — | Filing → |