STOCK TITAN

Armistice Capital (ARDS) reports 5.10M shares, 11.43% stake

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Aridis Pharmaceuticals, Inc. ownership update: Armistice Capital, LLC and Steven Boyd report beneficial ownership of 5,096,251 shares of Common Stock, representing 11.43% of the class as reported on 03/31/2026. Armistice Capital states it exercises shared voting and dispositive power over these shares on behalf of Armistice Capital Master Fund Ltd.

Positive

  • None.

Negative

  • None.

Insights

Armistice holds a reported 11.43% stake via a managed master fund.

Armistice Capital, as investment manager, reports shared voting and dispositive power over 5,096,251 shares held by Armistice Capital Master Fund Ltd., indicating active managerial control per the Investment Management Agreement.

Disclosure notes the Master Fund is the direct holder and disclaims beneficial ownership due to the manager's control; subsequent filings may update voting/ownership status.

Shares beneficially owned 5,096,251 shares reported amount in Item 4
Percent of class 11.43% Item 4 percentage
Shared voting power 5,096,251 shares shared voting power reported in Item 4
Reporting date 03/31/2026 date shown on the filing header and signature
Investment Management Agreement regulatory
"Armistice Capital exercises voting and investment power pursuant to an Investment Management Agreement"
An investment management agreement is a written contract that hires a professional to make buying, selling and strategy decisions for an investment account or fund, and sets out their duties, fees, risk limits, performance measures and reporting requirements. It matters to investors because the agreement determines who controls the money, how much the service costs, what risks are allowed, and how success or failure is measured—think of it as the service contract that defines expectations and remedies for a hired portfolio manager.
Master Fund financial
"Armistice Capital Master Fund Ltd. (the "Master Fund"), the direct holder of the Shares"
Beneficial ownership regulatory
"The Master Fund specifically disclaims beneficial ownership of the securities"
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.





040334104

(CUSIP Number)
03/31/2026

(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)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Armistice Capital, LLC
Signature:/s/ Steven Boyd
Name/Title:Steven Boyd - Managing Member
Date:03/31/2026
Steven Boyd
Signature:/s/ Steven Boyd
Name/Title:Steven Boyd
Date:03/31/2026
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: May 15, 2026 Armistice Capital, LLC By: /s/ Steven Boyd Steven Boyd - Managing Member Steven Boyd By: /s/ Steven Boyd

FAQ

What stake does Armistice Capital report in ARDS?

Armistice Capital and Steven Boyd report beneficial ownership of 5,096,251 shares, representing 11.43% of ARDS common stock as of 03/31/2026. The shares are reported as held by Armistice Capital Master Fund Ltd.

Who holds voting and disposition power over the reported ARDS shares?

Armistice Capital, as investment manager, reports shared voting and shared dispositive power over 5,096,251 shares. The filing attributes managerial authority to Armistice under an Investment Management Agreement with the Master Fund.

Does Steven Boyd personally own the reported ARDS shares?

The filing states Steven Boyd may be deemed to beneficially own the shares because he is the managing member of Armistice Capital. The direct holder is the Armistice Capital Master Fund Ltd. per the disclosure.

Does the Master Fund claim beneficial ownership of the ARDS shares?

The Master Fund is identified as the direct holder but specifically disclaims beneficial ownership of the securities by virtue of its inability to vote or dispose of the securities under the Investment Management Agreement with Armistice Capital.

When was this Schedule 13G/A filed for ARDS?

The signature block shows the reporting date of 03/31/2026 and an acknowledgement dated May 15, 2026. The beneficial ownership figures are presented in the filing tied to the 03/31/2026 reporting date.