Montanova Capital (ABEO) reports 0.9% beneficial stake in Abeona Therapeutics
Rhea-AI Filing Summary
Montanova Capital, LLC and Aaron Cowen report their beneficial ownership of Abeona Therapeutics Inc. common stock on an amended Schedule 13G. They each report beneficial ownership of 500,000 shares of common stock, representing 0.9% of the outstanding class.
Both reporting persons have shared voting and dispositive power over 500,000 shares and no sole voting or dispositive power. They indicate that they now hold 5 percent or less of the class. Each reporting person disclaims beneficial ownership of the securities beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 500,000 shares
Ownership percentage: 0.9%
Shares beneficially owned: 500,000 shares
+3 more
6 metrics
Shares beneficially owned
500,000 shares
Beneficial ownership reported by Montanova Capital, LLC
Ownership percentage
0.9%
Percent of Abeona common stock class held by Montanova Capital, LLC
Shares beneficially owned
500,000 shares
Beneficial ownership reported by Aaron Cowen
Ownership percentage
0.9%
Percent of Abeona common stock class held by Aaron Cowen
Shared voting power
500,000 shares
Shares over which each reporting person has shared voting power
Sole voting power
0 shares
Shares over which each reporting person has sole voting authority
Key Terms
beneficial ownership, shared voting power, shared dispositive power, pecuniary interest, +1 more
5 terms
beneficial ownership financial
"Amount beneficially owned: Montanova Capital, LLC - 500,000 Aaron Cowen - 500,000"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest"
control person financial
"Exhibit B - Control Person Identification"
A control person is an individual or entity that can significantly influence a company’s decisions and direction through ownership, voting power, or contractual rights—think of them as the captain who can steer the ship. Investors care because a control person’s choices affect corporate strategy, board appointments, and transactions that can raise or lower a stock’s value, and they often carry additional legal responsibilities and disclosure requirements to protect other shareholders.
FAQ
What ownership in Abeona Therapeutics Inc. (ABEO) does Montanova Capital report?
Montanova Capital reports beneficial ownership of 500,000 shares of Abeona Therapeutics common stock, representing 0.9% of the class, with shared voting and shared dispositive power over all of these shares.
How much of Abeona Therapeutics (ABEO) stock does Aaron Cowen beneficially own?
Aaron Cowen reports beneficial ownership of 500,000 shares of Abeona Therapeutics common stock, equal to 0.9% of the class, with shared voting and dispositive power and no sole voting or dispositive authority.
Does Montanova Capital still own more than 5% of Abeona Therapeutics (ABEO)?
No. The filing indicates ownership of 5 percent or less of Abeona’s common stock. Montanova Capital’s reported beneficial ownership is 0.9% of the outstanding common stock class.
What voting and dispositive powers do the ABEO reporting persons have?
Both Montanova Capital and Aaron Cowen report 0 shares with sole voting or dispositive power and 500,000 shares with shared voting power and 500,000 shares with shared dispositive power over Abeona common stock.
Where are Montanova Capital and Abeona Therapeutics (ABEO) based according to this filing?
Abeona’s principal executive offices are at 6555 Carnegie Avenue, 4th Floor, Cleveland, OH 44103. Montanova Capital’s principal business office is at 11 E 26th Street, 16th Floor, New York, NY 10010.
AI-generated analysis. How Rhea-AI works. Not financial advice.