electroCore, Inc. Schedule 13G reports that Hilve Holdings Ltd (and its sole shareholder Mikhail Stiskin) beneficially own 517,522 shares of Common Stock, representing 6.4% of the outstanding shares. The percentage is calculated using 8,083,558 shares outstanding as of March 13, 2026.
The filing states Hilve Holdings Ltd has sole voting and dispositive power over the 517,522 shares. Signature blocks show the report was signed on 05/05/2026 by an authorized director and by Mr. Stiskin.
Positive
None.
Negative
None.
Insights
Passive holder discloses a 6.4% beneficial stake and sole control of those shares.
The filing lists 517,522 shares held by Hilve Holdings Ltd with sole voting and dispositive power, based on 8,083,558 shares outstanding as of March 13, 2026. This identifies a meaningful shareholder without describing transactions or changes in intent.
Material impact depends on future activity by the holder; subsequent filings would show purchases, sales, or intent. Timing and cash‑flow treatment are not stated in the excerpt.
Key Figures
Shares held:517,522 sharesPercent of class:6.4%Shares outstanding:8,083,558 shares
3 metrics
Shares held517,522 sharesDirectly held by Hilve Holdings Ltd
Percent of class6.4%Percent of outstanding common stock as reported in the filing
Shares outstanding8,083,558 sharesOutstanding as of March 13, 2026 (used to calculate 6.4%)
Key Terms
beneficially owned, sole power to vote, Schedule 13G
3 terms
beneficially ownedregulatory
"Hilve Holdings Ltd directly holds 517,522 shares of Common Stock"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole power to votegovernance
"Hilve Holdings Ltd has the sole power to vote or to direct the vote of 517,522 shares"
Schedule 13Gregulatory
"Item 1. (a) Name of issuer: electroCore, Inc."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
electroCore, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
28531P103
(CUSIP Number)
03/31/2026
(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):
28531P103
1
Names of Reporting Persons
Hilve Holdings Ltd
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
CYPRUS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
517,522.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
517,522.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
517,522.00
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)
6.4 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP Number(s):
28531P103
1
Names of Reporting Persons
Mikhail Stiskin
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
ISRAEL
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
517,522.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
517,522.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
517,522.00
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)
6.4 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
electroCore, Inc.
(b)
Address of issuer's principal executive offices:
200 FORGE WAY, SUITE 205, ROCKAWAY, NEW JERSEY, 07866
Item 2.
(a)
Name of person filing:
(i) Hilve Holdings Ltd and (ii) Mikhail Stiskin (collectively, the "Reporting Persons").
(b)
Address or principal business office or, if none, residence:
(i) For Hilve Holdings Ltd.: Spyrou Araouzou, 25, Beregaria 25, 5th Floor, Office 2, 3036, Limassol, Republic of Cyprus,
(ii) For Mikhail Stiskin: Onisilou, 8A, Rita Court 1, Block B, Flat/Office 208, Agios Tychonas, 4532, Limassol, Republic of Cyprus.
(c)
Citizenship:
(i) Hlive Holdings Ltd was established under the laws of the Republic of Cyprus, and (ii) Mikhail Stiskin is a citizen of Israel.
(d)
Title of class of securities:
Common Stock, par value $0.001 per share
(e)
CUSIP Number(s):
28531P103
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:
Hilve Holdings Ltd directly holds 517,522 shares of Common Stock, par value $0.001 per share ("Common Stock"), of electroCore, Inc. (the "Issuer"). Mikhail Stiskin, as the sole shareholder of Hilve Holdings Ltd, may be deemed the beneficial owner of 517,522 shares of Common Stock held by Hilve Holdings.
(b)
Percent of class:
Hilve Holdings Ltd may be deemed the beneficial owner of 6.4% of the outstanding shares of Common Stock of the Issuer. Mikhail Stiskin may be deemed the beneficial owner of 6.4% of the outstanding shares of Common Stock. Such percentages are based on 8,083,558 shares of Common Stock of the Issuer outstanding as of March 13, 2026, as reported in the Issuer's Form 10-K filed with the Securities and Exchange Commission on March 19, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
As of the date hereof, Hilve Holdings Ltd has the sole power to vote or to direct the vote of 517,522 shares of Common Stock of the Issuer. Mikhail Stiskin, as the sole shareholder of Hilve Holdings Ltd, has the sole power to vote or to direct the vote of 517,522 shares of Common Stock of the Issuer.
(ii) Shared power to vote or to direct the vote:
As of the date hereof, each of the Reporting Persons has shared power to vote or direct the vote of 0 shares of Common Stock of the Issuer.
(iii) Sole power to dispose or to direct the disposition of:
As of the date hereof, Hilve Holdings Ltd has the sole power to vote or to direct the vote of 517,522 shares of Common Stock of the Issuer. Mikhail Stiskin, as the sole shareholder of Hilve Holdings Ltd, has the sole power to vote or to direct the vote of 517,522 shares of Common Stock of the Issuer.
(iv) Shared power to dispose or to direct the disposition of:
As of the date hereof, each of the Reporting Persons has shared power to dispose or to direct the disposition of 0 shares of Common Stock of the Issuer.
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.
Not Applicable
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 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.
What stake does Hilve Holdings Ltd report in electroCore (ECOR)?
Hilve Holdings Ltd reports beneficial ownership of 517,522 shares, equal to 6.4% of common stock. This percentage is calculated using 8,083,558 shares outstanding as of March 13, 2026 as cited in the filing.
Who is reported as the beneficial owner of the 517,522 shares?
Hilve Holdings Ltd directly holds the 517,522 shares; Mikhail Stiskin is identified as the sole shareholder and may be deemed the beneficial owner. The filing attributes sole voting and dispositive power to Hilve Holdings Ltd.
Does the filing state whether the holder intends to change its ownership?
The Schedule 13G excerpt provided lists current beneficial ownership and voting/dispositive power; it does not state any intent to buy or sell. No transaction intent or plan is disclosed in the supplied text.
What voting and disposition rights are disclosed for these shares?
The filing states Hilve Holdings Ltd has sole power to vote and sole power to dispose of the 517,522 shares, and that shared voting/dispositive power is 0 for the reporting persons as of the report date.
