Clene Inc. is the subject of a Schedule 13G reporting beneficial ownership of its common stock by Empery Asset Management, LP and Ryan M. Lane. The Reporting Persons collectively report beneficial ownership of 916,532 shares of common stock, representing 7.17% of the class, based on 12,778,307 shares outstanding as of May 11, 2026 as disclosed in a recent quarterly report.
Empery Asset Management, LP, as investment manager to certain funds, and Mr. Lane, through his roles in entities controlling the investment manager, may be deemed beneficial owners of the shares held by those funds. They report shared voting and dispositive power over 916,532 shares and no sole voting or dispositive power. Each Reporting Person disclaims beneficial ownership of shares owned by the others. The filing notes that the underlying Empery funds have the economic interest in dividends and sale proceeds associated with these securities.
Positive
None.
Negative
None.
Key Figures
Shares beneficially owned:916,532 sharesPercent of class owned:7.17%Shares outstanding:12,778,307 shares+2 more
5 metrics
Shares beneficially owned916,532 sharesCommon stock of Clene Inc. reported by the Reporting Persons
Percent of class owned7.17%Ownership percentage of Clene Inc. common stock
Shares outstanding12,778,307 sharesClene Inc. common stock outstanding as of May 11, 2026
Shared voting power916,532 sharesShares over which Reporting Persons share voting power
Shared dispositive power916,532 sharesShares over which Reporting Persons share dispositive power
"may be deemed to be the beneficial owner of all of the shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
shared voting powerregulatory
"Shared Voting Power 916,532.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerregulatory
"Shared Dispositive Power 916,532.00"
investment managerfinancial
"serves as the investment manager to each of the Empery Funds"
Reporting Personsregulatory
"who are collectively referred to herein as "Reporting Persons""
What percentage of Clene Inc. (CLNN) does Empery Asset Management report owning?
Empery Asset Management and Ryan M. Lane report beneficial ownership of 7.17% of Clene Inc.’s common stock. This percentage is based on 12,778,307 shares outstanding as of May 11, 2026, as referenced from Clene’s Form 10-Q.
How many Clene Inc. (CLNN) shares are reported as beneficially owned in this Schedule 13G?
The Reporting Persons disclose beneficial ownership of 916,532 shares of Clene Inc. common stock. These shares are held by funds managed by Empery Asset Management, with voting and dispositive power shared between the investment manager and Ryan M. Lane.
Who are the Reporting Persons in the Clene Inc. (CLNN) Schedule 13G filing?
The Reporting Persons are Empery Asset Management, LP, as investment manager to certain funds, and Ryan M. Lane. Mr. Lane is associated through entities controlling the general partner of the investment manager and may be deemed a beneficial owner of the funds’ Clene shares.
What voting and dispositive powers over Clene Inc. (CLNN) shares are disclosed?
The filing reports 0 shares with sole voting or dispositive power and 916,532 shares with shared voting and shared dispositive power. These powers relate to Clene common stock held by funds managed by Empery Asset Management, LP.
On what share count is the 7.17% stake in Clene Inc. (CLNN) based?
The 7.17% ownership percentage is calculated using 12,778,307 Clene Inc. common shares outstanding as of May 11, 2026. That outstanding share figure comes from Clene’s Quarterly Report on Form 10-Q filed on May 14, 2026.
Do Empery Asset Management and Ryan M. Lane disclaim any beneficial ownership in Clene Inc. (CLNN)?
Yes. The filing states that each of the Empery funds and the Reporting Individual disclaims beneficial ownership of any Clene common stock owned by another Reporting Person, limiting claims to the interests described in the Schedule 13G.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Clene Inc.
(Name of Issuer)
Common Stock, $0.0001 par value per share
(Title of Class of Securities)
185634201
(CUSIP Number)
06/30/2026
(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
CUSIP Number(s):
185634201
1
Names of Reporting Persons
Empery Asset Management, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
916,532.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
916,532.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
916,532.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.17 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP Number(s):
185634201
1
Names of Reporting Persons
Ryan M. Lane
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
916,532.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
916,532.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
916,532.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.17 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Clene Inc.
(b)
Address of issuer's principal executive offices:
6550 South Millrock Drive, Suite G50, Salt Lake City, UT 84121
Item 2.
(a)
Name of person filing:
This statement is filed by the entities and persons listed below, who are collectively referred to herein as "Reporting Persons," with respect to Common Stock, $0.0001 par value per share (the "Common Stock") of Clene Inc., a Delaware corporation (the "Company"):
(i) Empery Asset Management, LP (the "Investment Manager"), with respect to the Common Stock held by funds to which the Investment Manager serves as investment manager (the "Empery Funds"); and
(ii) Mr. Ryan M. Lane ("Mr. Lane"), with respect to the Common Stock held by the Empery Funds.
The Investment Manager serves as the investment manager to each of the Empery Funds. Mr. Lane (the "Reporting Individual") is the managing member of a limited liability company that is the managing member of Empery AM GP, LLC (the "General Partner"), the general partner of the Investment Manager.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is:
1 Rockefeller Plaza, Suite 1205
New York, New York 10020
(c)
Citizenship:
Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(d)
Title of class of securities:
Common Stock, $0.0001 par value per share
(e)
CUSIP Number(s):
185634201
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 12,778,307 shares of Common Stock outstanding as of May 11, 2026, as reported in the Company's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 14, 2026.
The Investment Manager, which serves as the investment manager to the Empery Funds, may be deemed to be the beneficial owner of all of the shares of Common Stock held by the Empery Funds. The Reporting Individual, as the managing member of a limited liability company that is the managing member of the General Partner of the Investment Manager with the power to exercise investment discretion, may be deemed to be the beneficial owner of all of the shares of Common Stock held by the Empery Funds. The foregoing should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the shares of Common Stock owned by another Reporting Person. Each of the Empery Funds and the Reporting Individual hereby disclaims any beneficial ownership of any such Common Stock.
(b)
Percent of class:
7.17%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 2(a) above.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
