AIGH discloses 5.7% BK Technologies (BKTI) ownership stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
AIGH Capital Management LLC and Orin Hirschman reported a passive ownership stake in BK Technologies Corporation common stock on a Schedule 13G. They beneficially own 211,453 shares, representing 5.7% of the outstanding common stock, with sole voting and dispositive power over all reported shares.
The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of BK Technologies. The reporting persons are AIGH Capital Management LLC, AIGH Investment Partners LLC, and Mr. Hirschman, whose principal business address is in Baltimore, Maryland.
Positive
- None.
Negative
- None.
FAQ
What ownership stake in BK Technologies (BKTI) did AIGH report?
AIGH Capital Management LLC and Orin Hirschman reported beneficial ownership of 211,453 shares of BK Technologies common stock, representing 5.7% of the class. This level of ownership triggers a Schedule 13G filing to disclose their position to the market.
Is the AIGH position in BK Technologies (BKTI) considered passive or activist?
The position is reported as passive. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of BK Technologies, consistent with a Schedule 13G filing.
Who are the reporting persons in the BK Technologies (BKTI) Schedule 13G?
The reporting persons are AIGH Capital Management LLC, AIGH Investment Partners LLC, and Orin Hirschman. Mr. Hirschman is the Managing Member of AIGH Capital Management LLC and president of AIGH Investment Partners LLC, and they collectively report the same block of shares.
What class of BK Technologies (BKTI) securities is covered by this filing?
The filing covers BK Technologies Corporation common stock, identified by CUSIP 05587G203. All reported ownership, including the 211,453 shares and the 5.7% figure, relates specifically to this class of common equity securities.