Cinctive Capital Management LP Acquires 9.99% Stake in NeOnc Technologies Holdings, Inc.

On May 15, 2026, Cinctive Capital Management LP and its affiliates filed a Schedule 13G reporting a new 9.99% stake in NeOnc Technologies Holdings, Inc. (NTHI). The reporting group, which includes Cinctive GP LLC, Richard H. Schimel, and Lawrence J. Sapanski, disclosed beneficial ownership of 2,483,980 shares of Common Stock. This total consists of 1,425,526 shares held directly and 1,058,454 shares issuable upon the exercise of warrants. The filing specifies that the exercise of these warrants is subject to a 9.99% beneficial ownership blocker, preventing the reporting persons from exceeding this threshold without a 61-day notice period. Cinctive Global Master Fund, Ltd. was identified as having the right to receive dividends or sale proceeds from more than 5% of the shares. The securities were acquired in the ordinary course of business, and the filing indicates a passive investment intent. This position represents a significant new holding for Cinctive Capital Management in the issuer.