Artelo Biosciences ownership disclosure: Reporting Persons Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC may be deemed to beneficially own 81,701 shares of Common Stock, equal to 9.99% of the class, based on 817,127 shares outstanding as of March 30, 2026. The 81,701 figure consists of 81,000 shares held by Intracoastal and 701 shares issuable upon exercise of Intracoastal Warrant 1. The filing states blocker provisions that exclude 5,256 and 173,914 warrant shares from these counts; without those blockers the Reporting Persons may be deemed to own 260,871 shares.
Positive
None.
Negative
None.
Insights
Joint holders report a near-10% position with warrant blocker mechanics limiting immediate control.
The filing shows a combined beneficial ownership of 81,701 shares, reported as 9.99% of the outstanding 817,127 shares as of March 30, 2026. Most of the position (81,000 shares) is held by Intracoastal and the rest arises from a warrant exercisable into 701 shares.
Two warrant blocker provisions exclude 5,256 and 173,914 shares from exercise to enforce 9.99% and 4.99% ownership caps respectively; absent those blockers the filing reports a potential beneficial ownership of 260,871 shares. Subsequent filings or exercises would change the reported stake.
Key Figures
Reported beneficial ownership:81,701 sharesShares held by Intracoastal:81,000 sharesWarrant shares exercisable (reported):701 shares+4 more
7 metrics
Reported beneficial ownership81,701 sharesAs of April 3, 2026 filing; based on 817,127 shares outstanding as of March 30, 2026
Shares held by Intracoastal81,000 sharesHeld directly by Intracoastal, reported in Item 4
Warrant shares exercisable (reported)701 sharesIssuable upon exercise of Intracoastal Warrant 1 and included in 81,701 total
Shares outstanding (issuer)817,127 sharesOutstanding as of March 30, 2026, basis for percent calculation
Warrant shares excluded (blocker 1)5,256 sharesExcluded from count due to Intracoastal Warrant 1 blocker provision
Warrant shares excluded (blocker 2)173,914 sharesExcluded from count due to Intracoastal Warrant 2 blocker provision
Potential ownership without blockers260,871 sharesReported hypothetical ownership absent the blocker provisions
Key Terms
beneficial ownership, blocker provision, warrant
3 terms
beneficial ownershipregulatory
"As of the close of business on April 3, 2026, each of the Reporting Persons may have been deemed to have beneficial ownership"
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.
blocker provisionlegal
"Intracoastal Warrant 1 contains a blocker provision under which the holder does not have the right to exercise"
warrantfinancial
"701 shares of Common Stock issuable upon exercise of a warrant held by Intracoastal"
A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Artelo Biosciences, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
04301G706
(CUSIP Number)
03/30/2026
(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
CUSIP Number(s):
04301G706
1
Names of Reporting Persons
Mitchell P. Kopin
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
81,701.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
81,701.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
81,701.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.99 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
04301G706
1
Names of Reporting Persons
Daniel B. Asher
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
81,701.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
81,701.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
81,701.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.99 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
04301G706
1
Names of Reporting Persons
Intracoastal Capital LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
81,701.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
81,701.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
81,701.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.99 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Artelo Biosciences, Inc.
(b)
Address of issuer's principal executive offices:
505 Lomas Santa Fe, Suite 160, Solana Beach, CA 92075
Item 2.
(a)
Name of person filing:
This Schedule 13G is being filed on behalf of (i) Mitchell P. Kopin, an individual ("Mr. Kopin"), (ii) Daniel B. Asher, an individual ("Mr. Asher") and (iii) Intracoastal Capital LLC, a Delaware limited liability company ("Intracoastal" and together with Mr. Kopin and Mr. Asher, collectively the "Reporting Persons").
(b)
Address or principal business office or, if none, residence:
The principal business office of Mr. Kopin and Intracoastal is 245 Palm Trail, Delray Beach, Florida 33483. The principal business office of Mr. Asher is 1011 Lake Street, Suite 311, Oak Park, Illinois 60301.
(c)
Citizenship:
Mr. Kopin is a citizen of the United States of America. Mr. Asher is a citizen of the United States of America. Intracoastal is a Delaware limited liability company.
(d)
Title of class of securities:
Common Stock, par value $0.001 per share
(e)
CUSIP Number(s):
04301G706
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of the close of business on April 3, 2026, each of the Reporting Persons may have been deemed to have beneficial ownership of 81,701 shares of Common Stock, which consisted of (i) 81,000 shares of Common Stock held by Intracoastal and (ii) 701 shares of Common Stock issuable upon exercise of a warrant held by Intracoastal ("Intracoastal Warrant 1"), and all such shares of Common Stock represent beneficial ownership of approximately 9.99% of the Common Stock, based on 817,127 shares of Common Stock outstanding as of March 30, 2026, as reported to the Reporting Persons by the Issuer. The foregoing excludes (I) 5,256 shares of Common Stock issuable upon exercise of Intracoastal Warrant 1 because Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 1 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 9.99% of the Common Stock and (II) 173,914 shares of Common Stock issuable upon exercise of a second warrant held by Intracoastal ("Intracoastal Warrant 2") because Intracoastal Warrant 2 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 2 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock. Without such blocker provisions, each of the Reporting Persons may have been deemed to have beneficial ownership of 260,871 shares of Common Stock.
(b)
Percent of class:
9.99%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
81,701
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
81,701
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
They report beneficial ownership of 81,701 shares, representing 9.99% of common stock. This is based on 817,127 shares outstanding reported as of March 30, 2026.
How is the 81,701-share total composed?
The total includes 81,000 shares held by Intracoastal and 701 shares issuable upon exercise of Intracoastal Warrant 1. The filing lists these components explicitly.
What are the blocker provisions mentioned in the filing?
Two warrants contain blocker provisions preventing exercises that would exceed ownership caps: one limits to 9.99% and the other to 4.99%. These provisions exclude 5,256 and 173,914 warrant shares.
What would the stake be without the blocker provisions?
Without the stated blocker provisions, the Reporting Persons may be deemed to own 260,871 shares of Common Stock, as the filing sets out explicitly.
Which entities filed this joint report for ARTL?
The joint filing is by Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC, with addresses and citizenships supplied in the filing.
