Cable Car Capital, LP
Cable Car-linked group reports non-binding Synlogic proposal in Schedule 13D/A
Summary: A direct SEC Schedule 13D/A for Synlogic identifies Funicular Funds, Cable Car Capital, and Jacob Ma-Weaver as reporting persons. The filing states that on April 2, 2026, the reporting persons delivered a non-binding proposal to acquire outstanding shares not already owned by them for $0.64 per share in cash.
Why it matters: A Schedule 13D/A proposal can matter as a public activist or event-driven monitoring signal, but it should be read as a filing disclosure rather than a completed transaction, recommendation, or valuation opinion.
Summary
A direct SEC Schedule 13D/A for Synlogic identifies Funicular Funds, Cable Car Capital, and Jacob Ma-Weaver as reporting persons. The filing states that on April 2, 2026, the reporting persons delivered a non-binding proposal to acquire all outstanding shares not already owned by them for $0.64 per share in cash.
This draft uses conservative SEC-filing language. It does not frame the proposal as a completed transaction, investment recommendation, fairness view, legal conclusion, or opinion on Synlogic’s securities.
Why it matters
For due-diligence readers, Schedule 13D/A activity can be relevant as a public signal of activist, concentrated public-equity, event-driven, or take-private monitoring activity. The useful diligence questions are about the reporting persons, issuer exposure, proposal terms, amendment history, governance posture, and whether later filings show board response, revised terms, withdrawal, or transaction progress.
The filing itself is not evidence of investment merit or a recommendation to buy, sell, hold, or otherwise act in Synlogic securities.
Source notes
- SEC raw XML filing: https://www.sec.gov/Archives/edgar/data/1527599/000092189526000926/primary_doc.xml
- SEC rendered XML filing: https://www.sec.gov/Archives/edgar/data/1527599/000092189526000926/xslSCHEDULE_13D_X02/primary_doc.xml
- Source posture: regulator / SEC filing. The Schedule 13D/A should control the story; do not rely on discovery wrappers for substantive claims.
- Verifier caveat: avoid stock-price opinions, fairness views, litigation implications, or investment advice.
9AT filing context
The SEC Schedule 13D/A is the controlling filing context for this item. Public ADV/profile context maps the returned adviser platform to Cable Car Capital, LP, CRD 169234 / SEC file 801-127894, with public website/domain cablecarcapital.com. The analyst handoff reports about $548.3 million in reported regulatory AUM/profile scale, 3 employees, 3 advisory employees, 5 private funds, ERA flag false, and a 2026-03-31 ADV submission.
Returned private-fund names include Funicular Funds, Funicular Qualified Fund, The Funicular Fund, and related BVI/Delaware vehicles, which supports identity linkage between Cable Car and Funicular-branded filing activity only. The analyst handoff notes recent 13F history for the mapped Cable Car filer, but it is omitted here because the figures appear volatile and a delayed 13F snapshot should not lead or validate the Schedule 13D/A proposal.
What to watch
Watch for amended Schedule 13D filings, Synlogic board or transaction announcements, any response to the non-binding proposal, changes in reported beneficial ownership, revised offer terms, or withdrawal of the proposal.