STOCK TITAN

Bleichroeder Holdings reports 9.99% stake in Barfresh (NASDAQ: BRFH)

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Barfresh Food Group Inc. disclosure: Bleichroeder LP and affiliated holders report beneficial ownership of 9.99% of common stock, equal to 1,633,083 shares. The position includes 1,390,758 shares and 242,325 shares issuable upon exercise of warrants, subject to a "Beneficial Ownership Limitation" of 9.99%.

The filing also states that without the 9.99% limitations on warrant exercise and debt conversion, the reporting group would beneficially own 2,048,086 shares (approximately 12.22%). The reporting persons are Bleichroeder LP, Bleichroeder Holdings LLC, and Andrew Gundlach, with signatures dated 05/14/2026.

Positive

  • None.

Negative

  • None.

Insights

Bleichroeder reports a near-10% position capped by contractual limits.

Bleichroeder LP is reported as beneficial owner of 1,633,083 shares or 9.99%, which the filing ties to 1,390,758 current shares plus 242,325 warrant-issuable shares. The filing explicitly states the exercise of warrants and conversion of debt are limited by a 9.99% Beneficial Ownership Limitation, which governs the usable economic stake.

Practical dependencies include the terms of the Warrant Agreement and any future share-count changes. Subsequent filings or transactions could change the capped percentage if outstanding share counts or contractual terms change.

Filing clarifies legal attribution and ownership caps for Schedule 13G/A purposes.

The disclosure attributes beneficial ownership to Bleichroeder LP (an investment adviser) and related entities, noting clients have the ultimate right to proceeds. It records the composition: 1,390,758 issued shares and 242,325 warrant-issuable shares, with additional convertible debt and warrants described as subject to a 9.99% limitation.

Material legal qualifiers are preserved verbatim: "Beneficial Ownership Limitation (as defined in the agreement) of 9.99%." Stakeholders should track any amendments to the warrant or debt agreements and future amendments to beneficial ownership schedules.

Beneficial ownership 1,633,083 shares reported stake, signature dated 05/14/2026
Reported percentage 9.99% Beneficial Ownership Limitation applied to warrants and convertible debt
Issued shares included 1,390,758 shares part of the 1,633,083 reported holdings
Warrant-issuable shares included 242,325 shares shares issuable upon exercise of warrants (subject to 9.99% cap)
Hypothetical total without caps 2,048,086 shares would equal ~12.22% absent 9.99% limits
Hypothetical percentage 12.22% approximate ownership without exercise/conversion limits
Beneficial Ownership Limitation regulatory
"exercise of the warrants is subject to a Beneficial Ownership Limitation of 9.99%"
A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.
warrants financial
"242,325 shares of Common Stock issuable upon exercise of warrants"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
convertible debt financial
"344,500 shares of Common Stock issuable upon conversion of debt"
A convertible debt is a loan a company takes that gives the lender the option to swap the owed money for a set number of the company’s shares instead of getting cash back. It matters to investors because it can change who owns the company and how much their shares are worth: if lenders convert, existing shareholders can be diluted, but conversion can also signal confidence and reduce a company’s cash pressure — like getting a coupon that can be redeemed for store ownership rather than a refund.
Schedule 13G/A regulatory
"Amendment No. 6 Barfresh Food Group Inc. Common Shares"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates





067532200

(CUSIP Number)
03/31/2026

(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





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Bleichroeder LP
Signature:Andrew Gundlach
Name/Title:President and CEO
Date:05/14/2026
Bleichroeder Holdings LLC
Signature:Andrew Gundlach
Name/Title:President and CEO
Date:05/14/2026
Andrew Gundlach
Signature:Andrew Gundlach
Name/Title:President and CEO
Date:05/14/2026
Exhibit Information

Exhibit 99.1 Agreement of the Reporting Persons