Lind Global’s capped stake in Dare Bioscience (NASDAQ: DARE) tops key ownership threshold
Rhea-AI Filing Summary
Dare Bioscience, Inc. (DARE) reports that Lind Global Fund III LP, Lind Global Partners III LLC, and Jeff Easton have jointly filed as significant shareholders on a Schedule 13G. Each reporting person is deemed to beneficially own 1,094,890 shares of common stock, representing 5.65% of the outstanding common stock, with sole voting and dispositive power over these shares.
The ownership position is structured as (i) 1,094,890 common shares, (ii) 1,094,890 Series A Warrants, and (iii) 1,094,890 Series B Warrants. A 4.99% beneficial ownership limitation in the warrants caps how many shares can be owned through conversion at any time, so aggregate beneficial ownership is limited to 1,094,890 shares.
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Key Figures
Key Terms
beneficial ownership financial
dispositive power financial
Schedule 13G regulatory
conversion limitations financial
beneficial ownership limitation financial
FAQ
What percentage of Dare Bioscience (DARE) does Lind Global Fund III report owning?
What securities of Dare Bioscience (DARE) are held by the Lind Global reporting group?
What is the beneficial ownership limitation in the Dare Bioscience (DARE) warrants?
Who are the reporting persons in this Dare Bioscience (DARE) Schedule 13G filing?
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