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Armistice Capital and Steven Boyd Disclose 2.92M Shares (8.70%) of ACXP

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Armistice Capital and Steven Boyd report passive ownership of 8.70% of Acurx Pharmaceuticals common stock. The filing states Armistice Capital, as investment manager of Armistice Capital Master Fund Ltd., and Steven Boyd, as managing member, share voting and dispositive power over 2,917,975 shares. The Master Fund is the direct holder while Armistice Capital exercises investment and voting power under an Investment Management Agreement; the Master Fund disclaims beneficial ownership arising solely from that agreement. The filing is made on Schedule 13G indicating the holdings are reported as passive.

Positive

  • Material disclosure of substantial stake: Reporting Persons hold 2,917,975 shares representing 8.70% of the class, meeting SEC materiality thresholds.
  • Passive classification: Filed on Schedule 13G, indicating the holders report the position as ordinary-course and not intended to change or influence control.

Negative

  • No statement of future intentions: The filing contains no plans or clarifying detail about future trading or strategic intentions that could reduce investor uncertainty.
  • Shared voting power only: Reporting Persons report 0 shares of sole voting power, indicating control is shared rather than unilateral.

Insights

TL;DR: Armistice Capital and its managing member report an 8.70% passive stake in ACXP via a managed fund.

Armistice Capital, through its Master Fund, holds 2,917,975 shares representing 8.70% of Acurx Pharmaceuticals common stock and reports shared voting and dispositive power. The Schedule 13G classification signals the Reporting Persons state the stake is passive and not intended to influence control. For investors, a disclosed >5% holder is material because it identifies a sizable investor with the ability to influence outcomes indirectly, though the filing contains no indication of activist intent or transactions beyond the holding.

TL;DR: A material ownership disclosure with shared control via an investment adviser structure; filing asserts ordinary-course, non-control purpose.

The filing clarifies the chain of ownership: the Master Fund is the direct holder while Armistice Capital and Steven Boyd exercise voting and investment powers under an Investment Management Agreement. The Master Fund expressly disclaims beneficial ownership under that agreement. The joint filing statement documents shared responsibility for amendments. There are no statements of intent to change or influence control in this document.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Armistice Capital, LLC
Signature:/s/ Steven Boyd
Name/Title:Steven Boyd - Managing Member
Date:08/14/2025
Steven Boyd
Signature:/s/ Steven Boyd
Name/Title:Steven Boyd
Date:08/14/2025
Exhibit Information

JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: August 14, 2025 Armistice Capital, LLC By: /s/ Steven Boyd Steven Boyd - Managing Member Steven Boyd By: /s/ Steven Boyd

FAQ

Who reported the 8.70% stake in Acurx Pharmaceuticals (ACXP)?

The filing was made by Armistice Capital, LLC and Steven Boyd, reporting a combined beneficial ownership of 2,917,975 shares equal to 8.70% of the class.

What type of SEC filing did Armistice Capital submit for ACXP?

They filed a Schedule 13G, which indicates the reported stake is held in the ordinary course of business and is reported as passive.

How much voting and dispositive power do the reporting persons have over ACXP shares?

The reporting persons report 2,917,975 shares of shared voting power and shared dispositive power, with 0 shares of sole voting or dispositive power.

Is the Master Fund the direct holder of the ACXP shares?

Yes. The filing states the Armistice Capital Master Fund Ltd. is the direct holder and Armistice Capital is the investment manager exercising voting and investment power.

Does the filing state the holders intend to influence control of ACXP?

No. The certification in the filing states the securities were not acquired for the purpose of changing or influencing control, consistent with a Schedule 13G filing.
Acurx Pharmaceuticals Inc

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Biotechnology
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