Iroquois reports 9.99% StableX Technologies (AYRO) stake in 13G/A
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
StableX Technologies, Inc. has a major shareholder group reporting a 9.99% beneficial ownership of its common stock. The group, consisting of Iroquois Capital Management LLC, Richard Abbe, and Kimberly Page, reports 161,595 shares of common stock issuable from preferred stock and warrants, limited by 9.99% and 4.99% ownership blockers.
This percentage is calculated using 1,455,975 shares outstanding as of December 18, 2025, from a company prospectus, and assumes conversion of preferred stock and exercise of warrants only up to those blocker limits. The reporting persons certify the holdings are not for the purpose of changing or influencing control of the company.
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FAQ
What stake in StableX Technologies (AYRO) is reported in this Schedule 13G/A?
The filing reports a 9.99% beneficial ownership stake in StableX Technologies’ common stock. This equals 161,595 shares issuable from preferred stock and warrants, calculated against 1,455,975 shares outstanding as of December 18, 2025, as disclosed in the company’s prospectus.
Who are the reporting persons in the StableX Technologies (AYRO) Schedule 13G/A?
The reporting persons are Iroquois Capital Management LLC, Richard Abbe, and Kimberly Page. They are associated with Iroquois Master Fund and Iroquois Capital Investment Group LLC and may be deemed beneficial owners of the reported StableX Technologies common stock through preferred shares and warrants.
How is the 9.99% ownership in StableX Technologies (AYRO) calculated?
The 9.99% ownership is based on an estimated 1,455,975 shares of StableX Technologies common stock outstanding as of December 18, 2025. It assumes conversion of preferred stock and exercise of warrants held by the reporting persons, but only up to contractual blocker limits.
What securities underlie the reported StableX Technologies (AYRO) position?
The position includes preferred stock and warrants held through Iroquois-related entities. These instruments are convertible or exercisable into 161,595 shares of common stock, subject to 9.99% and 4.99% ownership blockers that limit how many shares can be converted or exercised at any time.
What are the 9.99% and 4.99% blockers mentioned in the StableX (AYRO) filing?
Ownership blockers cap beneficial ownership at specified percentages. Certain preferred stock and warrants cannot be converted or exercised if doing so would push the reporting holders above 9.99%, while some warrants are capped at 4.99%, limiting how much stock can be held at once.