Edesa Biotech Schedule 13G: 5.4% Stake Reported
Rhea-AI Filing Summary
Edesa Biotech, Inc. Schedule 13G shows a group of related filers including Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander reporting shared beneficial ownership of 520,685 shares, equal to 5.4% of the company’s common stock. The filing bases the percent on 9,621,192 Common Shares outstanding, composed of 8,891,951 shares as of May 13, 2026 and 729,241 shares issued in a private placement that closed on or about June 15, 2026. The filing is a joint filing under a Joint Filing Agreement dated June 17, 2026 and describes shared voting and dispositive power rather than sole control.
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Insights
Joint filing reports a 5.4% shared stake via related Millennium entities.
The schedule lists 520,685 shares (5.4%) reported as shared voting and dispositive power among Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander. The percentage uses an outstanding share base of 9,621,192 shares.
Ownership is presented as held by entities subject to manager/trustee control; the filing clarifies this structure and includes a Joint Filing Agreement. Future disclosure of any changes would appear in subsequent ownership filings.
Position size and timing are explicitly tied to a recent private placement.
The calculation cites 8,891,951 shares outstanding as of May 13, 2026 plus 729,241 shares from a private placement that closed on or about June 15, 2026, producing a 9,621,192-share base. The filing therefore reflects post-placement ownership math.
Cash‑flow treatment and any planned dispositions are not detailed in the excerpt; subsequent Section 13 filings would report transaction direction or changes in holdings.
Key Figures
Key Terms
Schedule 13G regulatory
beneficially owned financial
Joint Filing Agreement regulatory
FAQ
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What stake does Millennium report in EDSA?
Which entities joined the joint filing for Edesa Biotech (EDSA)?
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When was the joint filing signed for Edesa Biotech (EDSA)?
AI-generated analysis. How Rhea-AI works. Not financial advice.