Redmile Group, LLC Reduces Stake in Absci Corp Below 5% Threshold

On April 14, 2026, Redmile Group, LLC and its managing member, Jeremy C. Green, filed an amendment to their Schedule 13D regarding Absci Corporation (ABSI). The filing reports that on April 10, 2026, the reporting persons sold 645,867 shares of Common Stock through open market transactions at a weighted average price of $2.979 per share (ranging from $2.90 to $3.04). Following this transaction, the reporting persons collectively hold 7,607,449 shares, representing approximately 4.9% of the issuer's outstanding common stock. This reduction in holdings is significant as it brings the reporting persons' ownership below the 5% threshold, causing them to cease being 5% beneficial owners of the company. The shares are held directly by various Redmile Funds, with Redmile Group, LLC serving as the investment manager. The calculation of ownership percentage was based on 153,021,263 shares outstanding as of March 6, 2026.