Domicilium Real Estate Fund III LP (ELOX) swaps 1.25M shares for pre-funded warrants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Domicilium Real Estate Fund III LP, a ten percent owner of Eloxx Pharmaceuticals, Inc., reported a restructuring of its position rather than an open-market trade. According to the filing, the Fund exchanged 1,250,000 shares of Eloxx common stock for pre-funded warrants to purchase an equivalent number of common shares.
Footnotes explain that all share amounts reflect an 11-for-1 reverse stock split effective May 29, 2026. After this adjustment, the Fund reports holding 238,422 pre-funded warrants directly and 14,285 shares of common stock indirectly through related entities. The pre-funded warrants have a $0.0000 exercise price, no expiration date, and include a 4.99% cap that prevents exercises if the holder would beneficially own more than 4.99% of outstanding common shares immediately after exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Domicilium Real Estate Fund III LP
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Pre-funded Warrant | 113,636 | $0.00 | -- |
| Other | Common Stock, $0.01 par value per share | 113,636 | $0.00 | -- |
| holding | Pre-funded Warrant | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Pre-funded Warrant — 238,422 shares (Direct, null);
Common Stock, $0.01 par value per share — 0 shares (Direct, null);
Pre-funded Warrant — 0 shares (Indirect, See footnote);
Common Stock, $0.01 par value per share — 14,285 shares (Indirect, See footnote)
Footnotes (1)
- Pursuant to the terms of the pre-funded warrants to purchase shares of the Issuer's common stock (the "Pre-Funded Warrants"), Domicilium Real Estate Fund III LP (the "Fund"), exchanged 1,250,000 shares of common stock of the Issuer for pre-funded warrants to purchase an equivalent number of shares of common stock of the Issuer. These securities reflect a 11 for 1 reverse stock split effective May 29, 2026. The securities are owned directly by 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 (iii) Daniel Simon, the managing member of Domicilium and the General Partner. 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. 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
Common shares exchanged: 1,250,000 shares
Reverse stock split ratio: 11-for-1
Pre-funded warrants held: 238,422 warrants
+3 more
6 metrics
Common shares exchanged
1,250,000 shares
Common stock exchanged for pre-funded warrants by the Fund
Reverse stock split ratio
11-for-1
Reverse stock split effective May 29, 2026
Pre-funded warrants held
238,422 warrants
Direct holdings after restructuring and reverse split
Indirect common shares held
14,285 shares
Indirect holdings of Eloxx common stock after transactions
Warrant exercise price
$0.0000 per share
Exercise price of Eloxx pre-funded warrants
Beneficial ownership cap
4.99%
Maximum beneficial ownership immediately after warrant exercise
Key Terms
Pre-Funded Warrants, reverse stock split, beneficially own, ten percent owner, +1 more
5 terms
Pre-Funded Warrants financial
"pre-funded warrants to purchase an equivalent number of shares of common stock"
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.
reverse stock split financial
"These securities reflect a 11 for 1 reverse stock split effective May 29, 2026"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
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 financial
"Domicilium Real Estate Fund III LP, a ten percent owner of Eloxx Pharmaceuticals, Inc."
indirectly beneficially owned financial
"may be deemed to be indirectly beneficially owned by Domicilium and related entities"
FAQ
What insider transaction did Domicilium Real Estate Fund III LP report for ELOX?
Domicilium Real Estate Fund III LP reported a restructuring, exchanging 1,250,000 Eloxx common shares for pre-funded warrants to buy the same number of shares. This was coded as “other acquisition or disposition,” not a traditional open-market purchase or sale.
How many Eloxx pre-funded warrants does Domicilium hold after this Form 4?
After the reported transactions and reverse split adjustment, Domicilium directly holds 238,422 pre-funded warrants for Eloxx common stock. These figures reflect an 11-for-1 reverse stock split effective May 29, 2026, as described in the Form 4 footnotes.
What are the key terms of Eloxx’s pre-funded warrants held by Domicilium?
The pre-funded warrants have a $0.0000 exercise price, no expiration date, and can be exercised at any time. However, a holder cannot exercise if doing so would push its beneficial ownership above 4.99% of Eloxx’s outstanding common stock immediately after exercise.
Who may be deemed to beneficially own the Eloxx securities reported for Domicilium?
The securities are owned directly by the Fund and may be deemed indirectly beneficially owned by Domicilium Capital Partners LLC, its general partner Domicilium Real Estate Fund III GP LLC, and Daniel Simon, the managing member of both entities, as explained in the Form 4 footnotes.