Aspen Neuroscience Inc.

11/02/2026 | Press release | Distributed by Public on 11/02/2026 20:50

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ARCH Venture Fund X, L.P.
2. Issuer Name and Ticker or Trading Symbol
Aspen Neuroscience, Inc. [ASPE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
8755 W. HIGGINS ROAD, SUITE 1025
3. Date of Earliest Transaction (Month/Day/Year)
11/02/2026
(Street)
CHICAGO, IL 60631
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/02/2026 P 66,666 A $15 66,666 D(1)(2)
Common Stock 11/02/2026 C 187,182 A (3) 253,848 D(1)(2)
Common Stock 11/02/2026 C 298,258 A (3) 552,106 D(1)(2)
Common Stock 11/02/2026 C 286,304 A (3) 838,410 D(1)(2)
Common Stock 11/02/2026 C 295,490 A (3) 1,133,900 D(1)(2)
Common Stock 11/02/2026 C 259,948 A (3) 1,393,848 D(1)(2)
Common Stock 11/02/2026 P 66,667 A $15 66,667 D(2)(4)
Common Stock 11/02/2026 C 298,258 A (3) 364,925 D(2)(4)
Common Stock 11/02/2026 C 286,304 A (3) 651,229 D(2)(4)
Common Stock 11/02/2026 C 295,490 A (3) 946,719 D(2)(4)
Common Stock 11/02/2026 C 214,355 A (3) 1,161,074 D(2)(4)
Common Stock 11/02/2026 P 1,200,000 A $15 1,200,000 I See Footnote(5)
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series Seed Convertible Preferred Stock (3) 11/02/2026 C 187,182 (3) (3) Common Stock 187,182 (3) 0 D(1)(2)
Series A-1 Convertible Preferred Stock (3) 11/02/2026 C 298,258 (3) (3) Common Stock 298,258 (3) 0 D(1)(2)
Series A-1 Convertible Preferred Stock (3) 11/02/2026 C 298,258 (3) (3) Common Stock 298,258 (3) 0 D(2)(4)
Series A-2 Convertible Preferred Stock (3) 11/02/2026 C 286,304 (3) (3) Common Stock 286,304 (3) 0 D(1)(2)
Series A-2 Convertible Preferred Stock (3) 11/02/2026 C 286,304 (3) (3) Common Stock 286,304 (3) 0 D(2)(4)
Series B Convertible Preferred Stock (3) 11/02/2026 C 295,490 (3) (3) Common Stock 295,490 (3) 0 D(1)(2)
Series B Convertible Preferred Stock (3) 11/02/2026 C 295,490 (3) (3) Common Stock 295,490 (3) 0 D(2)(4)
Series C Convertible Preferred Stock (3) 11/02/2026 C 259,948 (3) (3) Common Stock 259,948 (3) 0 D(1)(2)
Series C Convertible Preferred Stock (3) 11/02/2026 C 214,355 (3) (3) Common Stock 214,355 (3) 0 D(2)(4)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ARCH Venture Fund X, L.P.
8755 W. HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
X
ARCH Venture Fund X Overage, L.P.
8755 W. HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
X
ARCH Venture Partners X, L.P.
8755 W. HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
X
ARCH Venture Partners X Overage, L.P.
8755 W. HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
X
ARCH Venture Partners X, LLC
8755 W. HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
X
CRANDELL KEITH
8755 W. HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
X
Burow Kristina
8755 W. HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
X
GILLIS STEVEN
8755 W. HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
X
NELSEN ROBERT
8755 W. HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
X

Signatures

ARCH Venture Fund X, L.P. By: ARCH Venture Partners X, L.P., its General Partner By: ARCH Venture Partners X, LLC, its General Partner By: /s/ Mark McDonnell, as Attorney-in-Fact 11/02/2026
**Signature of Reporting Person Date
ARCH Venture Fund X Overage, L.P. By: ARCH Venture Partners X Overage, L.P., its General Partner By: ARCH Venture Partners X, LLC, its General Partner By: /s/ Mark McDonnell, as Attorney-in-Fact 11/02/2026
**Signature of Reporting Person Date
ARCH Venture Partners X, L.P. By: ARCH Venture Partners X, LLC, its General Partner By: /s/ Mark McDonnell, as Attorney-in-Fact 11/02/2026
**Signature of Reporting Person Date
ARCH Venture Partners X Overage, L.P. By: ARCH Venture Partners X, LLC, its General Partner By: /s/ Mark McDonnell, as Attorney-in-Fact 11/02/2026
**Signature of Reporting Person Date
ARCH Venture Partners X, LLC By: /s/ Mark McDonnell, as Attorney-in-Fact 11/02/2026
**Signature of Reporting Person Date
/s/ Robert Nelsen, By: Mark McDonnell, as attorney-in-fact 11/02/2026
**Signature of Reporting Person Date
/s/ Keith Crandell, By: Mark McDonnell, attorney-in-fact 11/02/2026
**Signature of Reporting Person Date
/s/ Kristina Burow, By: Mark McDonnell, attorney-in-fact 11/02/2026
**Signature of Reporting Person Date
/s/ Steven Gillis, By: Mark McDonnell, attorney-in-fact 11/02/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Securities held by ARCH Venture Fund X, L.P. ("ARCH X"). ARCH Venture Partners X, L.P. ("AVP X LP") is the sole general partner of ARCH X.
(2) ARCH Venture Partners X, LLC ("AVP X LLC") is the sole general partner of each of AVP X LP and AVP X Overage LP. Keith Crandell, Kristina Burow, Steven Gillis, and Robert Nelsen (collectively, the "AVP X Committee Members") comprise the investment committee of AVP X LLC. AVP X LP and AVP X Overage LP may be deemed to beneficially own the shares held by ARCH X and ARCH X Overage, respectively, AVP X LLC may be deemed to beneficially own the shares held by ARCH X and ARCH X Overage, and each of the AVP X Committee Members may be deemed to share the power to direct the disposition and vote of the shares held by ARCH X and ARCH X Overage. Each of AVP X LP, AVP X Overage LP, AVP X LLC, and the AVP X Committee Members disclaims beneficial ownership except to the extent of any pecuniary interest therein.
(3) Each share of Series Seed Convertible Preferred Stock, Series A-1 Convertible Preferred Stock, Series A-2 Convertible Preferred Stock, Series B Convertible Preferred Stock, and Series C Convertible Preferred Stock (collectively, the "Preferred Stock") automatically converted on a 1-for-9.8821 basis into shares of Common Stock upon the closing of the Issuer's initial public offering without payment of further consideration. Share numbers give effect to such conversion. The Preferred Stock had no expiration date.
(4) Securities held by ARCH Venture Fund X Overage, L.P. ("ARCH X Overage"). ARCH Venture Partners X Overage, L.P. ("AVP X Overage LP") is the sole general partner of ARCH X Overage.
(5) Shares were purchased by ARCH Venture Fund XIV, L.P. ("ARCH XIV"). The AVP X Investment Committee Members also are members of the investment committee for ARCH XIV.

Remarks:
This Form 4 is one of two reports being filed jointly by ARCH X, AVP X LP, ARCH X Overage, AVP X Overage LP, AVP X LLC, Robert Nelsen, Steven Gillis, Keith Crandell, Kristina Burow, ARCH XIV, ARCH Venture Partners XIV, L.P., ARCH Venture Partners XIV, LLC, and Paul Berns (collectively, the "Reporting Persons").
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Aspen Neuroscience Inc. published this content on November 02, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on November 03, 2026 at 02:51 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]