[SCHEDULE 13G/A] Cellectar Biosciences INC NEW SEC Filing
Rhea-AI Filing Summary
Laurence W. Lytton filed an Amendment to Schedule 13G reporting beneficial ownership of warrants to acquire 51,391 shares of Cellectar Biosciences, Inc. common stock. The filing states these warrants represent 1.6% of the outstanding common stock, calculated using 3,192,040 shares outstanding reported by the issuer for the quarter ended June 30, 2025. The reporting person indicates sole voting and dispositive power over the 51,391 underlying shares and certifies the securities were not acquired to change or influence control of the issuer.
Positive
- Disclosure compliance: The reporting person filed an amended Schedule 13G dated 08/14/2025, stating ownership and powers.
- Non-controlling interest: The position is below 5% (1.6%), consistent with passive Schedule 13G reporting.
Negative
- None.
Insights
TL;DR: Small, passive stake disclosed via Schedule 13G amendment; represents 1.6% of the class and consists of warrants.
The filing reports beneficial ownership of 51,391 warrants exercisable into common shares, with sole voting and dispositive power claimed. The position is below the 5% threshold and is disclosed under Schedule 13G, indicating passive intent rather than an active control purpose. Materiality to shareholders is limited given the stake size, though warrant conversion timing and terms (not provided here) would determine actual equity impact.
TL;DR: Disclosure aligns with Schedule 13G requirements; no governance change implied by this filing.
The reporting person certified that the holdings were not acquired to influence control, consistent with Schedule 13G treatment. The document provides clear voting and dispositive power statements. The filing lacks details on exercise conditions or expiration of the warrants, which are relevant for assessing future governance impact but are not included in this statement.