Opaleye, Silverman report 13.3% stake in Alpha Cognition (ACOG)
Rhea-AI Filing Summary
Alpha Cognition Inc. has an amended Schedule 13G/A showing that Opaleye Management Inc., Opaleye, L.P. and James Silverman collectively report beneficial ownership of 2,895,107 shares, representing 13.30% of the company's common stock. The filing states these shares are held directly by the fund and in a managed account over which the adviser and Mr. Silverman have shared voting and dispositive power. The percentage is calculated using 21,774,104 shares outstanding as reported in the company’s Form 10-Q filed 05/14/2026. The amendment is signed by James Silverman on behalf of the reporting persons.
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Insights
Opaleye group now reports a >13% stake in Alpha Cognition.
The filing details beneficial ownership of 2,895,107 shares and reports shared voting and dispositive power over those shares. The stake is measured against 21,774,104 shares outstanding as of 05/14/2026, per the cited Form 10-Q.
Future filings will show whether this position changes; timing and any transactions leading to this holding are not disclosed in the excerpt.
This is an ownership disclosure amendment under Section 13 rules.
The joint filing clarifies that the reporting persons include an adviser, a fund, and a controlling person, and that the adviser has shared voting and dispositive power. The statement notes it should not be construed as an admission of beneficial ownership for Section 13 purposes.
Disclosure mechanics and legal attribution are explicit; no assertions about transactions, intent, or agreements beyond the ownership table are provided.