Femasys Inc (FEMY) has a new significant institutional holder group led by Stonepine Capital Management, LLC and related entities, which collectively report beneficial ownership of 625,000 Femasys equity-linked securities, representing 7.2% of the common stock. This position consists of 312,500 shares of common stock and warrants to acquire an additional 312,500 shares, all subject to a 9.99% beneficial ownership limitation. The ownership percentage is calculated using 8,375,027 shares of common stock outstanding as of August 13, 2026. Voting and dispositive power over the 625,000 securities is shared among Stonepine Capital Management, Stonepine Capital, L.P., Stonepine GP, LLC, and Jon M. Plexico, each of whom disclaims beneficial ownership beyond their pecuniary interest.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:625,000 securitiesCommon Stock held:312,500 sharesWarrants held:312,500 warrants+4 more
7 metrics
Beneficial ownership625,000 securitiesTotal Femasys securities beneficially owned by each reporting person
Common Stock held312,500 sharesPortion of the position in Femasys common stock
Warrants held312,500 warrantsWarrants to acquire Femasys common stock held by the reporting persons
Ownership percentage7.2%Percent of Femasys common stock class beneficially owned by each reporting person
Shares outstanding8,375,027 sharesFemasys common stock outstanding as of August 13, 2026, used for ownership calculation
Beneficial Ownership Limitation9.99%Cap on beneficial ownership applicable to the warrants
Shared voting power625,000 sharesNumber of shares over which each reporting person has shared voting and dispositive power
"EXHIBIT 99 - AGREEMENT REGARDING JOINT FILING OF STATEMENT ON SCHEDULE 13D OR 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficial ownership limitationfinancial
"warrants to acquire 312,500 shares of Common Stock, subject to a 9.99% beneficial ownership limitation"
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.
shared voting powerfinancial
"Shared Voting Power 625,000.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 625,000.00"
pecuniary interestfinancial
"disclaims beneficial ownership of shares of Common Stock except to the extent of that person's pecuniary interest"
FAQ
How much of FEMY does Stonepine Capital report owning on this Schedule 13G?
Stonepine Capital and related reporting persons report beneficial ownership of 625,000 Femasys equity-linked securities, representing 7.2% of the common stock, based on 8,375,027 shares outstanding as of August 13, 2026.
What securities tied to FEMY does Stonepine Capital hold?
The reporting persons’ position consists of 312,500 shares of Femasys common stock and warrants to acquire an additional 312,500 shares of common stock, subject to a 9.99% beneficial ownership limitation.
What ownership percentage in FEMY do the Stonepine reporting persons disclose?
Each of Stonepine Capital Management, Stonepine Capital, L.P., Stonepine GP, LLC, and Jon M. Plexico reports beneficial ownership of 7.2% of Femasys’ common stock, calculated using 8,375,027 shares outstanding as of August 13, 2026.
How is voting power over FEMY shares held by Stonepine structured?
Each reporting person has 0 shares with sole voting power and 625,000 shares with shared voting power, and the same split for dispositive power: 0 sole and 625,000 shared.
What is the beneficial ownership limitation on Stonepine’s FEMY warrants?
The warrants held by the reporting persons to acquire 312,500 Femasys shares are subject to a 9.99% beneficial ownership limitation, which restricts exercises that would push their beneficial ownership above 9.99% of the outstanding common stock.
Who ultimately controls the FEMY position reported by Stonepine?
Stonepine Capital Management and Stonepine GP, LLC serve as investment adviser and general partner, respectively, to Stonepine Capital, L.P. Jon M. Plexico is the control person of both entities, and all reporting persons disclaim beneficial ownership beyond their pecuniary interest.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Femasys Inc
(Name of Issuer)
Common Stock
(Title of Class of Securities)
31447E204
(CUSIP Number)
08/10/2026
(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
CUSIP Number(s):
31447E204
1
Names of Reporting Persons
Stonepine Capital Management, 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
625,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
625,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
625,000.00
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)
7.2 %
12
Type of Reporting Person (See Instructions)
IA, OO
Comment for Type of Reporting Person: The securities beneficially owned by the reporting persons consist of (1) 312,500 shares of Common Stock, and (2) warrants to acquire 312,500 shares of Common Stock, subject to a 9.99% beneficial ownership limitation. The percentage reported herein is calculated based on (a) 8,375,027 shares of Common Stock outstanding as of August 13, 2026, as reported in the Form 10-Q filed by the Issuer for the quarter ending June 30, 2026.
SCHEDULE 13G
CUSIP Number(s):
31447E204
1
Names of Reporting Persons
Stonepine Capital, L.P.
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
625,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
625,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
625,000.00
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)
7.2 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The securities beneficially owned by the reporting persons consist of (1) 312,500 shares of Common Stock, and (2) warrants to acquire 312,500 shares of Common Stock, subject to a 9.99% beneficial ownership limitation. The percentage reported herein is calculated based on (a) 8,375,027 shares of Common Stock outstanding as of August 13, 2026, as reported in the Form 10-Q filed by the Issuer for the quarter ending June 30, 2026.
SCHEDULE 13G
CUSIP Number(s):
31447E204
1
Names of Reporting Persons
Stonepine GP, 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
625,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
625,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
625,000.00
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)
7.2 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The securities beneficially owned by the reporting persons consist of (1) 312,500 shares of Common Stock, and (2) warrants to acquire 312,500 shares of Common Stock, subject to a 9.99% beneficial ownership limitation. The percentage reported herein is calculated based on (a) 8,375,027 shares of Common Stock outstanding as of August 13, 2026, as reported in the Form 10-Q filed by the Issuer for the quarter ending June 30, 2026.
SCHEDULE 13G
CUSIP Number(s):
31447E204
1
Names of Reporting Persons
Jon M. Plexico
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
625,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
625,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
625,000.00
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)
7.2 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: The securities beneficially owned by the reporting persons consist of (1) 312,500 shares of Common Stock, and (2) warrants to acquire 312,500 shares of Common Stock, subject to a 9.99% beneficial ownership limitation. The percentage reported herein is calculated based on (a) 8,375,027 shares of Common Stock outstanding as of August 13, 2026, as reported in the Form 10-Q filed by the Issuer for the quarter ending June 30, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Femasys Inc
(b)
Address of issuer's principal executive offices:
3950 Johns Creek Court, Suite 100, Suwanee, GA 30024
Item 2.
(a)
Name of person filing:
Stonepine Capital Management, LLC, a Delaware limited liability company ("Stonepine")
Stonepine Capital, LP, a Delaware limited partnership (the "Partnership")
Stonepine GP, LLC, a Delaware limited liability company (the "General Partner")
Jon M. Plexico
Stonepine and the General Partner are the investment adviser and general partner, respectively, of the Partnership. Mr. Plexico is the control person of Stonepine and the General Partner. The reporting persons are filing this Schedule 13G jointly, but not as members of a group, and each disclaims membership in a group. Each reporting person also disclaims beneficial ownership of shares of Common Stock except to the extent of that person's pecuniary interest therein. In addition, the filing of this Schedule 13G on behalf of the Partnership should not be construed as an admission that it is, and it disclaims that it is, a beneficial owner, as defined in Rule 13d-3 under the Act, of any shares of Common Stock covered by this Schedule 13G.
(b)
Address or principal business office or, if none, residence:
2900 NW Clearwater Drive, Suite 100-11, Bend OR 97703
(c)
Citizenship:
See Item 4 of the cover sheet for each reporting person.
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
31447E204
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:
Stonepine: 625,000
Partnership: 625,000
General Partner: 625,000
Jon M. Plexico: 625,000
(b)
Percent of class:
Stonepine: 7.2%
Partnership: 7.2%
General Partner: 7.2%
Jon M. Plexico: 7.2%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Stonepine: 0
Partnership: 0
General Partner: 0
Jon M. Plexico: 0
(ii) Shared power to vote or to direct the vote:
Stonepine: 625,000
Partnership: 625,000
General Partner: 625,000
Jon M. Plexico: 625,000
(iii) Sole power to dispose or to direct the disposition of:
Stonepine: 0
Partnership: 0
General Partner: 0
Jon M. Plexico: 0
(iv) Shared power to dispose or to direct the disposition of:
Stonepine: 625,000
Partnership: 625,000
General Partner: 625,000
Jon M. Plexico: 625,000
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
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 Partnership holds Common Stock for the benefit of its investors and has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, Common Stock.
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 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.
Stonepine Capital Management, LLC
Signature:
/s/ Jon M. Plexico
Name/Title:
Managing Member
Date:
08/31/2026
Stonepine Capital, L.P.
Signature:
/s/ Jon M. Plexico
Name/Title:
Managing Member of the General Partner, Stonepine GP, LLC
Date:
08/31/2026
Stonepine GP, LLC
Signature:
/s/ Jon M. Plexico
Name/Title:
Managing Member
Date:
08/31/2026
Jon M. Plexico
Signature:
/s/ Jon M. Plexico
Name/Title:
Reporting Person
Date:
08/31/2026
Exhibit Information
EXHIBIT 99 - AGREEMENT REGARDING JOINT FILING OF STATEMENT ON SCHEDULE 13D OR 13G.