Cemtrex Inc. (CETX) investors disclose 3.5% stake via Intracoastal warrant
Rhea-AI Filing Summary
Cemtrex Inc. is the subject of an amended ownership report by Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC. As of the close of business on June 30, 2026, the reporting group may be deemed to beneficially own 398,734 shares of Cemtrex common stock, all issuable upon exercise of a warrant held by Intracoastal. These shares represent 3.5% of the common stock, calculated using 11,121,834 shares outstanding as of May 13, 2026 plus the warrant shares. The reporting persons report 0 shares with sole voting or dispositive power and 398,734 shares with shared voting and dispositive power, and state that they hold 5 percent or less of the class.
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Key Figures
Beneficially owned shares: 398,734 shares
Ownership percentage: 3.5%
Shares outstanding: 11,121,834 shares
+2 more
5 metrics
Beneficially owned shares
398,734 shares
Common stock issuable upon exercise of the Intracoastal Warrant as of June 30, 2026
Ownership percentage
3.5%
Percent of Cemtrex common stock represented by warrant shares
Shares outstanding
11,121,834 shares
Cemtrex common stock outstanding as of May 13, 2026
Shared voting power
398,734 shares
Shares over which reporting persons share voting power
Sole voting power
0 shares
Shares over which reporting persons have sole voting power
Key Terms
beneficial ownership, shared voting power, shared dispositive power, warrant, +1 more
5 terms
beneficial ownership financial
"each of the Reporting Persons may have been deemed to have beneficial ownership of 398,734 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
warrant financial
"shares of Common Stock issuable upon exercise of a warrant held by Intracoastal"
A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.
percent of class financial
"Percent of class: 3.5%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What percentage of Cemtrex Inc. (CETX) does Intracoastal Capital LLC report owning?
Intracoastal Capital LLC and its related reporting persons report beneficial ownership of 3.5% of Cemtrex’s common stock. This percentage is based on 11,121,834 shares outstanding plus 398,734 warrant shares issuable upon exercise of the Intracoastal Warrant.
How was the 3.5% ownership in Cemtrex (CETX) calculated?
The 3.5% ownership is calculated using 11,121,834 shares of Cemtrex common stock outstanding as of May 13, 2026, plus 398,734 shares of common stock issuable upon exercise of the Intracoastal Warrant held by Intracoastal Capital LLC.
Do the reporting persons in this Cemtrex (CETX) filing own more than 5% of the stock?
No. The reporting persons state that their beneficial ownership is 5 percent or less of Cemtrex’s common stock. They report an ownership level of approximately 3.5% based on the outstanding and warrant-issuable shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.