Digital Turbine (APPS) investor group discloses 5.4% stake in common stock
Rhea-AI Filing Summary
AIGH Capital Management LLC, AIGH Investment Partners LLC and Orin Hirschman report collective beneficial ownership of 6,548,450 shares of Digital Turbine, Inc. common stock, representing 5.4% of the outstanding class. The group has sole voting and sole dispositive power over all reported shares, with no shared voting or dispositive authority. The securities are Digital Turbine common stock, par value $0.0001 per share, CUSIP 25400W102. AIGH Capital Management LLC and AIGH Investment Partners LLC are organized in Delaware, and Mr. Hirschman is a U.S. citizen. Their principal business address is 6006 Berkeley Avenue, Baltimore, MD 21209.
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Key Figures
Shares beneficially owned: 6,548,450 shares
Percent of class: 5.4%
Sole voting power: 6,548,450 shares
+3 more
6 metrics
Shares beneficially owned
6,548,450 shares
Beneficial ownership of Digital Turbine common stock reported by the group
Percent of class
5.4%
Percentage of Digital Turbine common stock outstanding represented by the reported shares
Sole voting power
6,548,450 shares
Shares over which the reporting persons have sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which the reporting persons have shared voting authority
Sole dispositive power
6,548,450 shares
Shares over which the reporting persons have sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which the reporting persons have shared dispositive authority
Key Terms
beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 6,548,450"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"5 | Sole Voting Power 6,548,450.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"7 | Sole Dispositive Power 6,548,450.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"This is being jointly filed by each of the following persons pursuant to Rule 13d-1"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Reporting Persons regulatory
"AIGH Capital Management LLC., AIGH Investment Partners LLC, and Mr. Hirschman are hereinafter sometimes collectively referred to as the "Reporting Persons.""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake in Digital Turbine (APPS) does AIGH Capital report?
AIGH Capital Management LLC, AIGH Investment Partners LLC and Orin Hirschman report beneficial ownership of 6,548,450 Digital Turbine common shares, representing 5.4% of the company’s outstanding common stock, with sole voting and dispositive power over all reported shares.
Who are the reporting persons in this Digital Turbine (APPS) Schedule 13G?
The reporting persons are AIGH Capital Management LLC, AIGH Investment Partners LLC, and Orin Hirschman. Mr. Hirschman is Managing Member of AIGH Capital Management LLC and president of AIGH Investment Partners LLC, and they report jointly as a group.
How much voting power do the reporting persons have in Digital Turbine (APPS)?
The reporting persons state they have sole voting power over 6,548,450 shares of Digital Turbine common stock and no shared voting power, meaning only they can direct how these shares are voted.
Where are the reporting entities for Digital Turbine (APPS) based?
AIGH Capital Management LLC, AIGH Investment Partners LLC, and Orin Hirschman list their principal office and business address as 6006 Berkeley Avenue, Baltimore, MD 21209. The entities are organized in Delaware and Mr. Hirschman is a U.S. citizen.
What class of Digital Turbine (APPS) securities is covered by this ownership report?
The ownership relates to Digital Turbine, Inc. common stock with a par value of $0.0001 per share, identified by CUSIP 25400W102, which is the company’s primary equity security class.