Armistice Capital and Steven Boyd Disclose Near-10% Holding in Ekso Bionics

Rhea-AI Filing Summary

Armistice Capital, LLC and Steven Boyd report shared beneficial ownership of 289,876 shares of Ekso Bionics Holdings, Inc., representing 9.99% of the outstanding common stock. Both reporting persons state they possess shared voting and dispositive power over these shares and no sole voting or dispositive power. Armistice Capital is the investment manager of the Armistice Capital Master Fund Ltd., which directly holds the reported shares, and the Master Fund retains the right to receive dividends or sale proceeds. The Master Fund disclaims beneficial ownership under its investment management agreement to the extent it cannot vote or dispose of the securities.

Positive

• Significant disclosed stake: Reporting persons hold 289,876 shares (9.99%), a material stake that is clearly quantified
• Transparent structure: Filing explains the relationship between Armistice Capital, the Master Fund, and Steven Boyd, including voting and dispositive power allocations
• Dividend/financial rights retained by holder: The Master Fund retains the right to receive dividends or sale proceeds

Negative

• None.

Insights

Financial Analyst

TL;DR: A single investment manager reports just under 10% ownership, a sizable passive stake that may attract investor attention.

Armistice Capital's reported 9.99% stake in EKSO is materially relevant because holdings near 10% often trigger investor and market scrutiny even if the filer asserts passive intent. The filing shows shared voting and dispositive power rather than sole control, and the ownership is held through a fund structure with an investment manager exercising voting authority. For analysts this indicates concentrated exposure to EKSO within a managed vehicle, which could influence trading liquidity and shareholder engagement dynamics without necessarily signaling an active control campaign.

Corporate Governance Expert

TL;DR: Reporting structure indicates managerial control over a near-10% position while the underlying fund disclaims direct beneficial ownership.

The disclosure clarifies governance mechanics: Armistice Capital, as investment manager, asserts voting and investment power over the Master Fund's shares while the Master Fund disclaims beneficial ownership due to contract terms. From a governance perspective, this separation matters for identifying the true decision-maker on voting matters. The shared voting power designation suggests collaborative or pooled decision processes rather than unilateral control, but the position size is large enough to merit monitoring for future amendments or engagement activity.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

EKSO BIONICS HOLDINGS, INC.

(Name of Issuer)

Common Stock, $0.001 par value per share

(Title of Class of Securities)

045396207

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. 045396207

1

Names of Reporting Persons

Armistice Capital, LLC

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

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 289,876.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 289,876.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

289,876.00

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)

9.99 %

12

Type of Reporting Person (See Instructions)

IA, OO

SCHEDULE 13G

CUSIP No. 045396207

1

Names of Reporting Persons

Steven Boyd

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 289,876.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 289,876.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

289,876.00

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)

9.99 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: EKSO BIONICS HOLDINGS, INC.
(b)	Address of issuer's principal executive offices: 101 GLACIER POINT, SUITE A, SAN RAFAEL, CA, 94901
Item 2.
(a)	Name of person filing: Armistice Capital, LLC Steven Boyd Collectively, the "Reporting Persons"
(b)	Address or principal business office or, if none, residence: Armistice Capital, LLC 510 Madison Avenue, 7th Floor New York, New York 10022 United States of America Steven Boyd c/o Armistice Capital, LLC 510 Madison Avenue, 7th Floor New York, New York 10022 United States of America
(c)	Citizenship: Armistice Capital, LLC - Delaware; Steven Boyd - United States of America
(d)	Title of class of securities: Common Stock, $0.001 par value per share
(e)	CUSIP No.: 045396207
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: 289,876
(b)	Percent of class: 9.99 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 289,876
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 289,876 The percentage of Shares reported to be beneficially owned by the Reporting Persons are based on information from the Issuer. Armistice Capital, LLC ("Armistice Capital") is the investment manager of Armistice Capital Master Fund Ltd. (the "Master Fund"), the direct holder of the Shares, and pursuant to an Investment Management Agreement, Armistice Capital exercises voting and investment power over the securities of the Issuer held by the Master Fund and thus may be deemed to beneficially own the securities of the Issuer held by the Master Fund. Mr. Boyd, as the managing member of Armistice Capital, may be deemed to beneficially own the securities of the Issuer held by the Master Fund. The Master Fund specifically disclaims beneficial ownership of the securities of the Issuer directly held by it by virtue of its inability to vote or dispose of such securities as a result of its Investment Management Agreement with Armistice Capital.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Master Fund, a Cayman Islands exempted company that is an investment advisory client of Armistice Capital, has the right to receive dividends from, or the proceeds from the sale of, the reported securities.
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 acquired and are held in the ordinary course of business and 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.

Armistice Capital, LLC

Signature:	/s/ Steven Boyd
Name/Title:	Steven Boyd - Managing Member
Date:	08/14/2025

Steven Boyd

Signature:	/s/ Steven Boyd
Name/Title:	Steven Boyd
Date:	08/14/2025

Exhibit Information

JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G/A, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G/A, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: August 14, 2025 Armistice Capital, LLC By: /s/ Steven Boyd Steven Boyd - Managing Member Steven Boyd By: /s/ Steven Boyd

FAQ

How many EKSO shares do Armistice Capital and Steven Boyd report owning?

They report beneficial ownership of 289,876 shares, representing 9.99% of EKSO's common stock.

Do Armistice Capital or Steven Boyd have sole voting control over the EKSO shares?

No. The filing states 0 sole voting power and 289,876 shared voting power for both reporting persons.

Through what vehicle is the EKSO position held?

The shares are directly held by Armistice Capital Master Fund Ltd., for which Armistice Capital acts as the investment manager.

Does the Master Fund claim beneficial ownership of the EKSO shares?

The Master Fund specifically disclaims beneficial ownership to the extent it cannot vote or dispose of the securities under its Investment Management Agreement.

Who is the named controlling individual associated with the filing?

Steven Boyd is identified as the managing member of Armistice Capital and a reporting person with shared voting and dispositive power over the shares.