Helix Holdings II LLC - Feb 8, 2025 Form 4 Insider Report for Helix Acquisition Corp. II (HLXB)

Role: Director, 10%+ Owner
Signature: /s/ Bihua Chen, as manager of Helix Holdings II LLC
Stock symbol: HLXB
Transactions as of: Feb 8, 2025
Transactions value $: $0
Form type: 4
Date filed: 2/10/2025, 05:07 PM
Previous filing: Feb 13, 2024
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HLXB	Class B Ordinary Shares	Other	$0	-30K	-0.67%	$0.00	4.48M	Feb 8, 2025	Class A Ordinary Shares	30K		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	. The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis (unless otherwise provided in Issuer's initial business combination agreement), subject to adjustment for share subdivisions, share consolidations, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights as described under the heading "Description of Securities--Founder Shares and Private Placement Shares" in the Issuer's registration statement on Form S-1 (File No. 333-276591) and have no expiration date.
F2	On February 8, 2025, the Reporting Person transferred 30,000 Class B Ordinary Shares owned by it to Albert A. Holman, III in connection with his appointment as a director of the Issuer.
F3	The Reporting Person is the record holder of such securities. Cormorant Private Healthcare Fund III, LP, a Delaware limited partnership, Cormorant Private Healthcare Fund V, LP, a Delaware limited partnership, and Cormorant Global Healthcare Master Fund, LP, a Cayman Islands limited partnership, are the members of Helix Holdings II LLC. Bihua Chen is the manager of the Reporting Person and is the managing member of each of the three members of the Reporting Person and has voting and investment discretion with respect to the ordinary shares held of record by Reporting Person. Ms. Chen disclaims any beneficial ownership of the securities held by the Reporting Person other than to the extent of any pecuniary interest she may have therein, directly or indirectly.

Remarks:

Ms. Chen serves on the Board of Directors of the Issuer. Helix Holdings II LLC may be deemed to be a director by deputization as a result of the service of Ms. Chen.