Galecto, Inc. — Major Shareholding Notification 2023

Oct 3, 2023

SC 13G 1 glto13gv2.htm GALECTO13G 13G Template

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT N0. __)

Galecto, Inc.
(Name of Issuer)

Common Stock
(Title of Class of Securities)

36322Q107
(CUSIP Number)

September 29, 2023
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

|_| Rule 13d-1(b)

|X| Rule 13d-1(c)

|_|Rule 13d-1(d)

MARKER FORMAT-SHEET="Para Default" FSL="Default"

CUSIP NO. 045354107

1
Erik Otto

2
(b) |_|

3 SEC Use Only

4
Canada

	Sole Voting Power
Number of	1,800,000

Shares
0
Beneficially

Owned By
1,800,000
Each

Reporting	Shared Dispositive Power
Person With	0

9
1,800,000

10 Check If The Aggregate Amount In Row (9) Excludes Certain Shares

11
6.7%

12
IN

Item 1	(a).	Name of Issuer: Galecto,Inc.
Item 1	(b).	Address of Issuer's Principal Executive Offices:
75 State Street Suite 100 Boston, MA 02109
Item 2	(a).	Name of Person Filing: Erik Otto
Item 2	(b).	Address of Principal Business Office:
144 West Oakview Place, San Antonio, TX 78209 59401
Item 2	(c).	Citizenship: Canada
Item 2	(d).	Title of Class of Securities: Common
Item 2	(e).	CUSIP Number: 36322Q107

Item 3. — (a)	|_|	Broker or dealer registered under Section 15 of the Act.
(b)	|_|	Bank as defined in Section 3(a)(6) of the Act.
(c)	|_|	Insurance company as defined in Section 3(a)(19) of the Act.
(d)	|_|	Investment company registered under Section 8 of the Investment Company Act.
(e)	|_|	An investment adviser in accordance with Rule 13d-1(b)(1)
(ii)(E);
(f)	|_|	An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g)	|_|	A parent holding company, in accordance with Rule
13d-1(b)(ii)(G);
(h)	|_|	A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
(i)	|_|	A church plan that is excluded from the definition of an investment company
under section 3(c)(14) of the Investment Company Act of 1940;
(j)	|_|	Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

ITEM 4. Ownership.

(a)	Amount beneficially owned: 1,800,000
(b)	Percent of Class: 6.7%
(c)	Number of shares as to which such person has:

(i) Sole power to vote or to direct the vote: 1,800,000

(ii)	Shared power to vote or to direct the vote: 0
(iii)	Sole power to dispose or to direct
the disposition of: 1,800,000
(iv)	Shared power to dispose or to
direct the disposition of: 0

MARKER FORMAT-SHEET="Para Flush Level 4" FSL="Default"

| Item 5. | Ownership of Five Percent or Less of a Class:
Not Applicable |
| --- | --- |
| Item 6. | Ownership of More than Five
Percent on Behalf of Another Person: Not Applicable |
| Item 7. | Identification and Classification
of the Subsidiary Which Acquired the Security Being Reported on
by the Parent Holding Company: Not Applicable |
| Item 8. | Identification and Classification of
Members of the Group: Not Applicable |
| Item 9. | Notice of Dissolution of Group. |

ITEM 10. Certification.

MARKER FORMAT-SHEET="Para Default" FSL="Default"

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having the purpose or effect.

MARKER FORMAT-SHEET="Para Default" FSL="Default"

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

MARKER FORMAT-SHEET="Para Default" FSL="Default"

Dated: September 29, 2023

/s/ Erik Otto
Signature