Domicilium Real Estate Fund III (NASDAQ: ELOX) reports large pre-funded warrant stake
Rhea-AI Filing Summary
Domicilium Real Estate Fund III LP filed an initial ownership report for Eloxx Pharmaceuticals, Inc., disclosing indirect holdings in the company. The filing shows indirect ownership of 157,138 shares of common stock and a separate indirect position of 1,250,000 common shares.
The report also lists indirect holdings of Pre-Funded Warrants exercisable for 20,841,782 and 1,372,652 shares of common stock at an exercise price of $0.0100 per share. According to the disclosure, these Pre-Funded Warrants have no expiration date and are exercisable at any time, subject to a 4.99% beneficial ownership cap that limits exercises if they would push the holder above 4.99% of outstanding common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Domicilium Real Estate Fund III LP
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Pre-funded Warrant | -- | -- | -- |
| holding | Pre-funded Warrant | -- | -- | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Pre-funded Warrant — 22,214,434 shares (Indirect, See footnote);
Common Stock, $0.01 par value — 1,407,138 shares (Indirect, See footnote)
Footnotes (3)
- F1. The securities are owned directly by Domicilium Real Estate Fund III LP (the "Fund") and may be deemed to be indirectly beneficially owned by (i) Domicilium Capital Partners LLC, ("Domicilium") the investment adviser to the Fund, (ii) Domicilium Real Estate Fund III GP LLC (the "General Partner"), the general partner of the Fund, and (ii) Daniel Simon, the managing member of Domicilium and the General Partner.
- F2. The securities are owned by various entities and may be deemed to be indirectly beneficially owned by (i) Domicilium, the investment adviser to such entities and (ii) Daniel Simon, the managing member of Domicilium.
- F3. The pre-funded warrants to purchase shares of the Issuer's common stock (the "Pre-Funded Warrants") have no expiration date and are exercisable at any time after the date of issuance. A holder of Pre-Funded Warrants may not exercise the Pre-Funded Warrant if the holder, together with its affiliates, would beneficially own more than 4.99% of the number of shares of common stock outstanding immediately after giving effect to such exercise.
Key Figures
Indirect common stock holding 1: 157,138 shares
Indirect common stock holding 2: 1,250,000 shares
Pre-funded warrant block 1: 20,841,782 underlying shares
+3 more
6 metrics
Indirect common stock holding 1
157,138 shares
Indirect ownership reported on Form 3
Indirect common stock holding 2
1,250,000 shares
Additional indirect ownership line on Form 3
Pre-funded warrant block 1
20,841,782 underlying shares
Indirect pre-funded warrants for Eloxx common stock
Pre-funded warrant block 2
1,372,652 underlying shares
Additional indirect pre-funded warrants position
Warrant exercise price
$0.0100 per share
Exercise price of pre-funded warrants
Beneficial ownership cap
4.99%
Maximum ownership allowed upon warrant exercise
Key Terms
Pre-Funded Warrants, beneficially own, ten percent owner, indirectly beneficially owned, +1 more
5 terms
Pre-Funded Warrants financial
"The pre-funded warrants to purchase shares of the Issuer's common stock (the "Pre-Funded Warrants") have no expiration date"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
beneficially own financial
"would beneficially own more than 4.99% of the number of shares of common stock outstanding"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
ten percent owner regulatory
""is_ten_percent_owner": 1"
indirectly beneficially owned financial
"may be deemed to be indirectly beneficially owned by (i) Domicilium Capital Partners LLC"
investment adviser financial
"Domicilium Capital Partners LLC, ("Domicilium") the investment adviser to the Fund"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Domicilium Real Estate Fund III LP report in its Form 3 for ELOX?
Domicilium Real Estate Fund III LP reported initial indirect ownership in Eloxx Pharmaceuticals. It disclosed 157,138 and 1,250,000 shares of common stock held indirectly, plus large positions in pre-funded warrants that can convert into additional common shares under specified conditions.
What pre-funded warrant position did Domicilium report in Eloxx (ELOX)?
Domicilium-related entities reported indirect holdings of pre-funded warrants exercisable into 20,841,782 and 1,372,652 Eloxx common shares. These warrants carry a low exercise price of $0.0100 per share, providing significant potential equity exposure if exercised over time under the warrant terms.
Do the Eloxx (ELOX) pre-funded warrants held by Domicilium expire?
According to the disclosure, the pre-funded warrants have no expiration date and are exercisable at any time after issuance. This gives the holder long-term flexibility to convert into Eloxx common stock, subject to the stated beneficial ownership limitation in the warrant terms.
What is the 4.99% beneficial ownership cap mentioned in the Eloxx (ELOX) filing?
The filing states the pre-funded warrants cannot be exercised if it would cause the holder and its affiliates to beneficially own more than 4.99% of Eloxx’s outstanding common stock. This cap limits how many warrants can be exercised at once to control ownership concentration.
Who else may be deemed to beneficially own the Eloxx (ELOX) securities reported by Domicilium?
Footnotes indicate the securities may be deemed indirectly beneficially owned by Domicilium Capital Partners LLC, its affiliated general partner entities, and Daniel Simon as managing member. These parties are associated through advisory and control roles over the investment entities holding the securities.