| Item 1. | |
| (a) | Name of issuer:
Cyclerion Therapeutics, Inc. |
| (b) | Address of issuer's principal executive offices:
301 Binney Street, Cambridge, MA 02142 |
| Item 2. | |
| (a) | Name of person filing:
This Amendment No. 2 to Schedule 13G is filed by (i) MFN Partners, LP (the "Partnership"); (ii) MFN Partners GP, LLC ("MFN GP"), as the general partner of the Partnership; (iii) MFN Partners Management, LP ("MFN Management"), as the investment adviser to the Partnership; (iv) MFN Partners Management, LLC ("MFN LLC"), as the general partner of MFN Management; (v) Michael F. DeMichele, as a managing member of MFN GP and of MFN LLC; and (vi) Farhad Nanji, as a managing member of MFN GP and of MFN LLC (each, a "Reporting Person" and collectively, the "Reporting Persons"). Reference is hereby made to the Schedule 13G filed with the Securities and Exchange Commission by the Reporting Persons with respect to the Common Stock of the Issuer on February 12, 2021 and Amendment No. 1 thereto filed on February 2, 2022 (as so amended, the "Schedule 13G"). Terms defined in the Schedule 13G are used herein as so defined. The shares previously reported in the Schedule 13G were directly held by the Partnership and each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of its or his pecuniary interest therein. The items included in this Amendment No. 2 are hereby amended and restated. |
| (b) | Address or principal business office or, if none, residence:
c/o MFN Partners Management, LP, 222 Berkeley Street, 13th Floor, Boston, MA 02116 |
| (c) | Citizenship:
The Partnership is a Delaware limited partnership. MFN GP is a Delaware limited liability company. MFN Management is a Delaware limited partnership. MFN LLC is a Delaware limited liability company. Michael F. DeMichele is a citizen of the United States and Farhad Nanji is citizen of Canada. |
| (d) | Title of class of securities:
Common Stock, no par value |
| (e) | CUSIP No.:
23255M105 |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
The information required by this item is set forth in the cover pages to this Schedule 13G/A and is incorporated herein by reference. |
| (b) | Percent of class:
The information required by this item is set forth in the cover pages to this Schedule 13G/A and is incorporated herein by reference. |
| (c) | Number of shares as to which the person has:
|
| | (i) Sole power to vote or to direct the vote:
The information required by this item is set forth in the cover pages to this Schedule 13G/A and is incorporated herein by reference.
|
| | (ii) Shared power to vote or to direct the vote:
The information required by this item is set forth in the cover pages to this Schedule 13G/A and is incorporated herein by reference.
|
| | (iii) Sole power to dispose or to direct the disposition of:
The information required by this item is set forth in the cover pages to this Schedule 13G/A and is incorporated herein by reference.
|
| | (iv) Shared power to dispose or to direct the disposition of:
The information required by this item is set forth in the cover pages to this Schedule 13G/A and is incorporated herein by reference.
|
| Item 5. | Ownership of 5 Percent or Less of a Class. |
| | 
Ownership of 5 percent or less of a class
|
Rule 13d-1(b)