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Coastlands exits >5% beneficial stake in Eloxx (NASDAQ: ELOX)

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Eloxx Pharmaceuticals — Amendment No. 1 to a Schedule 13G/A: Coastlands-related reporting persons state they beneficially own 266,539 shares of Common Stock, representing 4.99% based on 5,074,935 shares outstanding as of May 27, 2026. The filing describes these shares as issuable upon exercise of pre-funded warrants and notes this Amendment constitutes an exit filing because the reporting persons no longer beneficially own more than 5% of any class of the issuer's securities.

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Insights

Coastlands discloses sub-5% position and exit status.

The filing lists 266,539 shares issuable upon exercise of pre-funded warrants and calculates a 4.99% beneficial ownership limitation using May 27, 2026 outstanding shares of 5,074,935. The report is an amendment identifying the reporting persons as now below the 5% threshold.

Governance implications are procedural: the filing clarifies ownership and limitation language. Subsequent public filings would show any change; timing and cash-flow treatment are not stated in the provided excerpt.

Schedule 13G/A amendment used as an exit filing after ownership falls below 5%.

The Schedule 13G/A amendment references pre-funded warrants exercisable into 266,539 shares, and explicitly applies a 4.99% beneficial ownership limitation. The filing disclaims group membership and clarifies reporting relationships among Coastlands entities and Mr. Perry.

This is a routine disclosure under Rule 13d-1; it documents beneficial ownership calculations and signatures dated May 29, 2026. Materiality to investors is limited to updated ownership transparency.

Reported shares beneficially owned 266,539 shares issuable upon exercise of pre-funded warrants
Percent of class 4.99% beneficial ownership limitation applied
Shares outstanding used in calculation 5,074,935 shares as of <date>May 27, 2026</date>
Filing signatory date 05/29/2026 signatures on the amendment
pre-funded warrants financial
"Consists of 266,539 shares of Common Stock issuable upon the exercise of pre-funded warrants"
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.
beneficial ownership limitation regulatory
"which reflects the beneficial ownership limitation of 4.99%"
A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.
Schedule 13G/A regulatory
"Amendment No. 1 to a Schedule 13G/A"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the Eloxx (ELOX) Schedule 13G/A amendment say about Coastlands' holdings?

It states Coastlands-related reporting persons beneficially own 266,539 shares, representing 4.99% based on 5,074,935 shares outstanding as of May 27, 2026. The filing is an exit amendment indicating they no longer exceed 5%.

Are the 266,539 shares of Eloxx common stock issued or exercisable?

The filing describes the 266,539 shares as issuable upon the exercise of pre-funded warrants held directly by the Partnership. The document treats those shares as beneficially owned for calculation purposes.

Does the Schedule 13G/A for Eloxx (ELOX) signal a change in control?

No; the signing certification states the securities were not acquired to change or influence control. The filing disclaims group membership and denies acquisition for control purposes.

What outstanding share count did Eloxx provide for the ownership calculation?

The ownership calculation uses an issuer-provided figure of 5,074,935 shares outstanding as of May 27, 2026 as stated in the amendment.





29014R103

(CUSIP Number)
05/27/2026

(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




Comment for Type of Reporting Person: Consists of 266,539 shares of Common Stock issuable upon the exercise of pre-funded warrants held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on (A) 5,074,935 shares outstanding as of May 27, 2026 as provided by the Issuer to the Reporting Persons and (B) 266,539 shares of Common Stock issuable upon the exercise of pre-funded warrants held by the Reporting Persons, which reflects the beneficial ownership limitation of 4.99%. Excludes pre-funded warrants held by the Reporting Persons in excess of such beneficial ownership limitation. This Amendment No. 1 constitutes an exit filing for the Reporting Persons, as the Reporting Persons no longer beneficially own more than 5 percent of any class of securities of the Issuer.


SCHEDULE 13G




Comment for Type of Reporting Person: Consists of 266,539 shares of Common Stock issuable upon the exercise of pre-funded warrants held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on (A) 5,074,935 shares outstanding as of May 27, 2026 as provided by the Issuer to the Reporting Persons and (B) 266,539 shares of Common Stock issuable upon the exercise of pre-funded warrants held by the Reporting Persons, which reflects the beneficial ownership limitation of 4.99%. Excludes pre-funded warrants held by the Reporting Persons in excess of such beneficial ownership limitation. This Amendment No. 1 constitutes an exit filing for the Reporting Persons, as the Reporting Persons no longer beneficially own more than 5 percent of any class of securities of the Issuer.


SCHEDULE 13G




Comment for Type of Reporting Person: Consists of 266,539 shares of Common Stock issuable upon the exercise of pre-funded warrants held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on (A) 5,074,935 shares outstanding as of May 27, 2026 as provided by the Issuer to the Reporting Persons and (B) 266,539 shares of Common Stock issuable upon the exercise of pre-funded warrants held by the Reporting Persons, which reflects the beneficial ownership limitation of 4.99%. Excludes pre-funded warrants held by the Reporting Persons in excess of such beneficial ownership limitation. This Amendment No. 1 constitutes an exit filing for the Reporting Persons, as the Reporting Persons no longer beneficially own more than 5 percent of any class of securities of the Issuer.


SCHEDULE 13G




Comment for Type of Reporting Person: Consists of 266,539 shares of Common Stock issuable upon the exercise of pre-funded warrants held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on (A) 5,074,935 shares outstanding as of May 27, 2026 as provided by the Issuer to the Reporting Persons and (B) 266,539 shares of Common Stock issuable upon the exercise of pre-funded warrants held by the Reporting Persons, which reflects the beneficial ownership limitation of 4.99%. Excludes pre-funded warrants held by the Reporting Persons in excess of such beneficial ownership limitation. This Amendment No. 1 constitutes an exit filing for the Reporting Persons, as the Reporting Persons no longer beneficially own more than 5 percent of any class of securities of the Issuer.


SCHEDULE 13G




Comment for Type of Reporting Person: Consists of 266,539 shares of Common Stock issuable upon the exercise of pre-funded warrants held directly by Coastlands Capital Partners LP. The calculation of the beneficial ownership of the Reporting Persons is based on (A) 5,074,935 shares outstanding as of May 27, 2026 as provided by the Issuer to the Reporting Persons and (B) 266,539 shares of Common Stock issuable upon the exercise of pre-funded warrants held by the Reporting Persons, which reflects the beneficial ownership limitation of 4.99%. Excludes pre-funded warrants held by the Reporting Persons in excess of such beneficial ownership limitation. This Amendment No. 1 constitutes an exit filing for the Reporting Persons, as the Reporting Persons no longer beneficially own more than 5 percent of any class of securities of the Issuer.


SCHEDULE 13G



Coastlands Capital LP
Signature:/s/ Mark Shamia
Name/Title:Chief Operating Officer of the General Partner, Coastlands Capital LLC
Date:05/29/2026
Coastlands Capital Partners LP
Signature:/s/ Mark Shamia
Name/Title:Chief Operating Officer of the General Partner, Coastlands Capital GP LLC
Date:05/29/2026
Coastlands Capital GP LLC
Signature:/s/ Mark Shamia
Name/Title:Chief Operating Officer
Date:05/29/2026
Coastlands Capital LLC
Signature:/s/ Mark Shamia
Name/Title:Chief Operating Officer
Date:05/29/2026
Matthew D. Perry
Signature:/s/ Matthew D. Perry
Name/Title:Reporting Person
Date:05/29/2026