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Santoli Files Schedule 13G for CSDX Showing 9.9% Position

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Antonio Santoli reports beneficial ownership of 13,596,680 shares of CS Diagnostics Corp. common stock, representing 9.9% of the class. That total includes 3,800,000 shares held directly and 9,796,680 shares issuable on conversion of Series B preferred stock, but conversion is limited by a 9.9% conversion cap in the Series B Certificate of Designation. The filing states the reported ownership excludes any additional Series B shares that cannot be converted due to that cap and excludes securities held in entities where the reporting person lacks voting or dispositive power. The filing also notes the issuer’s Preferred A shares carry supervoting rights representing over 90% of voting power, and the reporting person certifies the position is not held to change or influence control.

Positive

  • None.

Negative

  • None.

Insights

Santoli holds a near-maximum convertible position limited to 9.9% and lacks de facto control due to supervoting preferred shares.

The filing shows 13,596,680 shares beneficially owned, split between 3,800,000 direct shares and 9,796,680 convertible Series B shares subject to a 9.9% conversion cap. That cap governs how many preferred shares may convert into common stock and is explicitly reflected in the ownership calculation.

The issuer’s Preferred A shares are disclosed as carrying in excess of 90% of voting power, which the filing says prevents the reporting person from having de facto control. Watch whether amendments to the Certificate of Designation or additional conversions occur that would change the reported 9.9% stake.






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)






SCHEDULE 13G




Comment for Type of Reporting Person: Pursuant to the Certificate of Designation for the Series B Preferred Stock the Reporting Person may not convert any shares if such conversion would result in the Reporting Person beneficially owning more than 9.9 percent of the outstanding Common Stock The number of shares of Common Stock reported as beneficially owned reflects this limitation In addition the issuers Preferred A Shares carry supervoting rights exceeding 90 percent of total voting power effectively providing their holder with control of the issuer therefore the Reporting Person does not possess de facto control of the issuer All percentages reported herein are approximate and have been calculated based on the issuers reported outstanding shares subject to the 9.9 percent ownership limitation applicable to the Series B Preferred Stock pursuant to its Certificate of Designation The beneficial ownership reported herein excludes any shares of the issuers securities that may be beneficially owned by any entity in which the Reporting Person holds a noncontrolling equity interest as the Reporting Person does not have or share voting or dispositive power over such securities


SCHEDULE 13G



Santoli Antonio
Signature:/s/ Antonio Santoli
Name/Title:Mr.
Date:10/07/2025

FAQ

What stake does Antonio Santoli report in CS Diagnostics (CSDX)?

The filing reports 13,596,680 shares beneficially owned, equal to 9.9% of the common stock.

How many shares does Santoli hold directly vs convertible for CSDX?

Santoli holds 3,800,000 shares directly and 9,796,680 shares issuable upon conversion of Series B preferred stock.

Is Santoli able to convert all Series B preferred shares into common stock?

No. Conversion is subject to a 9.9% ownership limitation in the Series B Certificate of Designation; additional Series B shares that cannot convert are excluded from the reported total.

Does Santoli claim control of CS Diagnostics (CSDX)?

No. The filing states the Preferred A shares carry over 90% of voting power and the reporting person certifies the position was not acquired to change or influence control.

Does the filing exclude shares held through other entities?

Yes. The reported beneficial ownership excludes securities held by entities where Santoli lacks or does not share voting or dispositive power.
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