Aspire Biopharma (ASBP) investor Gary Shirinyan discloses 7.7% stake in 13G
Rhea-AI Filing Summary
Aspire Biopharma Holdings, Inc. shareholder Gary Shirinyan reported his ownership of the company’s common stock. He beneficially owns 99,900 shares of common stock, representing 7.7% of the outstanding class. He has sole voting power and sole dispositive power over all 99,900 shares, with no shared voting or dispositive authority.
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Key Figures
Beneficial ownership: 99,900 shares
Percent of class: 7.7%
Sole voting power: 99,900 shares
+3 more
6 metrics
Beneficial ownership
99,900 shares
Common stock beneficially owned by Gary Shirinyan
Percent of class
7.7%
Percentage of Aspire Biopharma common stock class owned
Sole voting power
99,900 shares
Shares over which he has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which he has shared power to vote or direct the vote
Sole dispositive power
99,900 shares
Shares over which he has sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which he has shared power to dispose or direct disposition
Key Terms
Schedule 13G, beneficially owned, sole voting power, sole dispositive power
4 terms
Schedule 13G regulatory
"submitted a <b>Schedule 13G</b> reporting his beneficial ownership"
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.
beneficially owned financial
"He beneficially owns <b>99,900 shares</b> of common stock"
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
"He has <b>sole voting power</b> and sole dispositive power over all 99,900 shares"
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
"and <b>sole dispositive power</b> over all 99,900 shares"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Aspire Biopharma (ASBP) does Gary Shirinyan own?
Gary Shirinyan beneficially owns 7.7% of Aspire Biopharma Holdings, Inc.’s common stock. This ownership is based on 99,900 shares reported as beneficially owned, as disclosed in the Schedule 13G filing.
What type of filing did Gary Shirinyan submit for Aspire Biopharma (ASBP)?
Gary Shirinyan submitted a Schedule 13G reporting his beneficial ownership in Aspire Biopharma Holdings, Inc. This filing discloses passive ownership of 99,900 shares, or 7.7% of the company’s common stock.
Does Gary Shirinyan have sole dispositive power over his Aspire Biopharma (ASBP) holding?
Yes. The Schedule 13G reports sole dispositive power over 99,900 shares and shared dispositive power of 0, meaning he alone can decide to sell or otherwise dispose of these shares.