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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)




X0202 SCHEDULE 13D 0001583977 XXXXXXXX LIVE Common Stock, $0.0001 par value per share 08/06/2026 false 0001839970 095130100 BlossomHill Therapeutics, Inc. 10255 Science Center Drive Suite 200 San Diego CA 92121 Neb Obradovic 857-702-0386 Cormorant Asset Management, LP 200 Clarendon Street, 50th Floor Boston MA 02116 0001618442 Cormorant Global Healthcare Master Fund, LP b WC E9 0 959090 0 959090 959090 N 3.13 PN 0001618451 Cormorant Global Healthcare GP, LLC b AF DE 0 959090 0 959090 959090 N 3.13 OO 0001817320 Cormorant Private Healthcare Fund III, LP b WC DE 0 1228315 0 1228315 1228315 N 4.01 PN Y Cormorant Private Healthcare GP III, LLC b AF DE 0 1228315 0 1228315 1228315 N 4.01 OO Y Cormorant Private Healthcare Fund V, LP b WC DE 0 1052460 0 1052460 1052460 N 3.43 PN Y Cormorant Private Healthcare GP V, LLC b AF DE 0 1052460 0 1052460 1052460 N 3.43 OO Y Cormorant Private Healthcare Fund VI, LP b WC DE 0 374169 0 374169 374169 N 1.22 PN Y Cormorant Private Healthcare GP VI, LLC b AF DE 0 374169 0 374169 374169 N 1.22 OO 0001583977 Cormorant Asset Management, LP b AF DE 0 3614034 0 3614034 3614034 N 11.79 IA PN 0001599214 Chen Bihua b AF X1 1328 3614034 1328 3614034 3615362 N 11.8 IN Common Stock, $0.0001 par value per share BlossomHill Therapeutics, Inc. 10255 Science Center Drive Suite 200 San Diego CA 92121 Cormorant Global Healthcare Master Fund, LP Cormorant Global Healthcare GP, LLC Cormorant Private Healthcare Fund III, LP Cormorant Private Healthcare GP III, LLC Cormorant Private Healthcare Fund V, LP Cormorant Private Healthcare GP V, LLC Cormorant Private Healthcare Fund VI, LP Cormorant Private Healthcare GP VI, LLC Cormorant Asset Management, LP Bihua Chen 200 Clarendon Street, 50th Floor Boston, MA 02116 The principal business of the Reporting Persons, other than Bihua Chen, is investing in securities and providing investment management services. Bihua Chen serves as the managing member of the general partners of the investment funds identified in Item 2(a) and of Cormorant Asset Management GP, LLC, the general partner of Cormorant Asset Management, LP, which serves as investment manager to such funds. Bihua Chen is also a director of the Issuer. None of the Reporting Persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). None of the Reporting Persons has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or State securities laws or finding any violation with respect to such laws. Cormorant Global Healthcare Master Fund, LP - Cayman Islands Cormorant Global Healthcare GP, LLC - Delaware Cormorant Private Healthcare Fund III, LP - Delaware Cormorant Private Healthcare GP III, LLC - Delaware Cormorant Private Healthcare Fund V, LP - Delaware Cormorant Private Healthcare GP V, LLC - Delaware Cormorant Private Healthcare Fund VI, LP - Delaware Cormorant Private Healthcare GP VI, LLC - Delaware Cormorant Asset Management, LP - Delaware Bihua Chen - United States Of the Common Stock reported herein as being beneficially owned by the Reporting Persons, 1,599,993 and 1,701,541 shares were issued upon the automatic conversion of shares of Series A Preferred Stock and Series B Preferred Stock, respectively, upon the closing of the Issuer's initial public offering on August 10, 2026. The shares of Series A Preferred Stock and Series B Preferred Stock were purchased in private sales for approximately $49,999,990.59 using working capital of the Reporting Persons. The remaining 312,500 shares of Common Stock were purchased from the underwriters of the Issuer's initial public offering in connection with such offering for aggregate consideration of $5,000,000 (as reported in Item 5 below), the consideration for which was paid using working capital of the Reporting Persons. In addition, Bihua Chen was granted a stock option to purchase up to 23,904 shares of Common Stock at a price of $16.00 per share for her service as a director of the Issuer, which option vests in equal monthly installments over three years from the August 6, 2026 date of grant. The Reporting Persons acquired the securities reported herein for the benefit of the above-referenced private investment funds and accounts for investment purposes. The Reporting Persons intend to evaluate this investment in the Issuer and options with respect to such investment on an ongoing basis. The Reporting Persons may acquire additional Common Stock of the Issuer from time to time or may dispose of any or all of such Common Stock or other securities held or beneficially owned by them at any time. From time to time, the Reporting Persons may engage in discussions with the Issuer's Board of Directors and/or members of the Issuer's management team concerning, without limitation, potential business combinations and strategic alternatives, the business, operations, capital structure, governance, management, strategy of the Issuer and other matters concerning the Issuer. The Reporting Persons reserve the right to change their purpose and to formulate and implement plans or proposals with respect to the Issuer at any time and from time to time. Any such action may be made by the Reporting Persons alone or in conjunction with other shareholders, potential acquirers, financing sources and/or other third parties and could include one or more purposes, plans or proposals that relate to or would result in actions required to be reported herein in accordance with Item 4 of Schedule 13D. Bihua Chen, who serves as the manager of Cormorant Asset Management, LP, Cormorant Global Healthcare GP, LLC, Cormorant Private Healthcare GP III, LLC, Cormorant Private Healthcare GP V, LLC and Cormorant Private Healthcare GP VI, LLC, is a director of the Issuer. See Items 7-13 of the cover page and Item 2. See Items 7-13 of the cover page and Item 2. The percentages reported herein with respect to the Reporting Persons' holdings are calculated based upon 30,643,660 shares of Common Stock outstanding following the closing of the Issuer's initial public offering, as reported in the Prospectus filed by the Issuer on August 7, 2026. The shares reported for Bihua Chen include 1,328 shares of Common Stock that she has the right to receive within 60 days upon the exercise of a stock option to purchase 21,248 shares of Common Stock granted to her in her capacity as a director of the Issuer. On August 10, 2026, Cormorant Global Healthcare Master Fund, LP acquired 312,500 shares of Common Stock in the Issuer's initial public offering at a price of $16.00 per share. Not applicable. Not applicable. In connection with their purchase of Series A Preferred Stock and Series B Preferred Stock, the Reporting Persons have certain rights with respect to the registration under the Securities Act of 1933, as amended, of Common Stock held by the Reporting Persons, pursuant to the Third Amended and Restated Investor Rights Agreement, dated as of December 28, 2023 (the "Investor Rights Agreement"), by and among the Issuer and the investors named therein. These rights include demand registration rights, Form S-3 registration rights and piggyback registration rights. This summary is qualified in its entirety by reference to the Investor Rights Agreement, which is incorporated by reference herein. Exhibit 99.1 Joint Filing Agreement, by and among the Reporting Persons. Exhibit 99.2 Third Amended and Restated Investor Rights Agreement, dated as of December 28, 2023, by and among the Issuer and the investors named therein (incorporated by reference to Exhibit 4.2 to the Issuer's Registration Statement on Form S-1). Cormorant Global Healthcare Master Fund, LP /s/ CORMORANT GLOBAL HEALTHCARE MASTER FUND, LP By: Cormorant Global Healthcare GP, LLC, its General Partner By: Bihua Chen, Managing Member 08/13/2026 Cormorant Global Healthcare GP, LLC /s/ Bihua Chen By: Bihua Chen, Managing Member 08/13/2026 Cormorant Private Healthcare Fund III, LP /s/ CORMORANT PRIVATE HEALTHCARE FUND III, LP By: Cormorant Private Healthcare GP III, LLC, its General Partner By: Bihua Chen, Managing Member 08/13/2026 Cormorant Private Healthcare GP III, LLC /s/ Bihua Chen By: Bihua Chen, Managing Member 08/13/2026 Cormorant Private Healthcare Fund V, LP /s/ CORMORANT PRIVATE HEALTHCARE FUND V, LP By: Cormorant Private Healthcare GP V, LLC, its General Partner By: Bihua Chen, Managing Member 08/13/2026 Cormorant Private Healthcare GP V, LLC /s/ Bihua Chen By: Bihua Chen, Managing Member 08/13/2026 Cormorant Private Healthcare Fund VI, LP /s/ CORMORANT PRIVATE HEALTHCARE FUND VI, LP By: Cormorant Private Healthcare GP VI, LLC, its General Partner By: Bihua Chen, Managing Member 08/13/2026 Cormorant Private Healthcare GP VI, LLC /s/ Bihua Chen By: Bihua Chen, Managing Member 08/13/2026 Cormorant Asset Management, LP /s/ CORMORANT ASSET MANAGEMENT, LP By: Cormorant Asset Management GP, LLC, its General Partner By: Bihua Chen, Managing Member 08/13/2026 Chen Bihua /s/ Bihua Chen Bihua Chen 08/13/2026