L.I.A. Pure Capital reports 5.0% stake in Clearmind
Rhea-AI Filing Summary
L.I.A. Pure Capital Ltd. filed an amendment to a Schedule 13G reporting beneficial ownership in Clearmind Medicine Inc. The filing states 108,720 Common Shares, representing 5.0% of the class based on 2,088,806 shares outstanding as of the reporting date. The position consists of 20,470 currently held Common Shares, 93,231 shares issuable upon conversion of a convertible promissory note at a $1.25 floor conversion price, and 229,000 shares exercisable under a pre-funded warrant; exercise/conversion are subject to a 4.99% beneficial ownership blocker. The amendment is signed by Kfir Silberman as CEO on 03/16/2026.
Positive
- None.
Negative
- None.
Insights
Schedule 13G/A updates a reported 5.0% stake and notes ownership limits.
The filing breaks down beneficial ownership into direct shares, convertible-note issuable shares assuming a $1.25 conversion floor, and pre-funded warrant exercise shares. The blocker provision limiting ownership to 4.99% is expressly stated and conditions conversion/exercise.
Future disclosures should clarify timing of conversion/exercise; current filings show a capped potential stake rather than immediate voting control beyond the stated 5.0% figure.
Position mixes direct holdings and exercisable/convertible instruments that create potential future dilution.
The reported 108,720 shares and supporting instrument counts (93,231 conversion shares; 229,000 warrant shares) indicate contractual pathways to acquire additional shares within 60 days as described. The conversion price and pre-funded warrant structure are explicit in the filing.
Because the instrument exercises are subject to a 4.99% blocker, actual near-term share issuance depends on anti‑dilution mechanics and holder decisions; cash‑flow treatment is not described in the excerpt.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does L.I.A. Pure Capital report in Clearmind (CMND)?
How is the 5.0% ownership composed in the Schedule 13G/A for CMND?
Does the filing limit conversion or exercise of instruments for CMND?
Are the convertible note and warrant convertible/exercisable immediately for CMND?
Who signed the Schedule 13G/A amendment for CMND and when?
AI-generated analysis. How Rhea-AI works. Not financial advice.