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Aspire Biopharma (ASBP) investor Lance Friedman reports 7.92% ownership stake

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Lance Friedman reports beneficial ownership of common stock of Aspire Biopharma Holdings, Inc. on an amended Schedule 13G. He is a United States citizen and lists 25 N Market Street, Suite 205, Jacksonville, Florida as his address. Friedman reports beneficial ownership of 107,323 shares of common stock, representing 7.92% of the class, with sole voting and sole dispositive power over all 107,323 shares and no shared power. The holdings include 107,323 shares of common stock with a floor price of $7.92 per share. He also holds preferred stock that is convertible into common stock but subject to a 9.99% ownership blocker, which prohibits conversion if it would cause his ownership to exceed 9.99% of Aspire Biopharma’s outstanding common stock.

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Beneficially owned shares 107,323 shares Common stock beneficially owned by Lance Friedman
Percent of class 7.92 % Percentage of Aspire Biopharma common stock class beneficially owned
Floor price per share $7.92 per share Floor price for 107,323 common shares referenced in the comment
Ownership blocker threshold 9.99 % Preferred stock conversion blocked if ownership would exceed this level
beneficially owned financial
"Ownership (a) | Amount beneficially owned (b) | Percent of class: 7.92 %"
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 3,979,709.00 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 3,979,709.00 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.
convertible into common stock financial
"Preferred Stock convertible into common stock with which contain a blocker"
blocker financial
"contain a blocker prohibiting their conversion if it would result"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What percentage of Aspire Biopharma (ASBP) does Lance Friedman report owning?

Lance Friedman reports beneficial ownership of 7.92% of Aspire Biopharma’s common stock, based on 107,323 shares. This percentage reflects his reported beneficial holdings, including his sole voting and dispositive power over those shares.

How many Aspire Biopharma (ASBP) shares does Lance Friedman beneficially own?

Lance Friedman reports beneficial ownership of 107,323 shares of Aspire Biopharma common stock. He has sole voting and sole dispositive power over all of these shares, with no shared voting or dispositive authority reported.

What is the floor price mentioned for Lance Friedman’s Aspire Biopharma (ASBP) shares?

Friedman’s reported holdings include 107,323 shares of Aspire Biopharma common stock with a floor price of $7.92 per share. This floor price applies to those common shares referenced in the ownership comment section.

Does Lance Friedman hold convertible preferred stock in Aspire Biopharma (ASBP)?

Yes. The filing states that Friedman also holds preferred stock convertible into common stock. These preferred shares are subject to a blocker that limits conversion if it would raise his ownership above a specified threshold.

What is the ownership blocker on Lance Friedman’s Aspire Biopharma (ASBP) preferred stock?

The preferred stock held by Friedman contains a 9.99% ownership blocker. This provision prohibits conversion of the preferred shares into common stock if doing so would cause him to own more than 9.99% of Aspire Biopharma’s outstanding common stock.

Does Lance Friedman share voting or dispositive power over Aspire Biopharma (ASBP) shares?

No. Friedman reports sole power to vote and to dispose of 107,323 Aspire Biopharma common shares. The Schedule 13G/A lists no shared voting power and no shared dispositive power for these securities.





738920305

(CUSIP Number)
08/04/2026

(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




Comment for Type of Reporting Person: Includes 107,323 shares of common stock shares with a floor price of $7.92 per share. The Reporting Person also has Preferred Stock convertible into common stock with which contain a blocker prohibiting their conversion if it would result in the holder owning more than 9.99% of the outstanding common stock.


SCHEDULE 13G



Lance Friedman
Signature:/s/ Lance Friedman
Name/Title:Lance Friedman
Date:08/06/2026