KYNTRA BIO, INC. filing shows Armistice Capital, LLC and Steven Boyd report shared beneficial ownership of 400,000 shares of common stock, representing 9.88% of the class.
The filing states Armistice Capital is investment manager to Armistice Capital Master Fund Ltd., which directly holds the shares; Mr. Boyd is the managing member of Armistice Capital. Signatures are dated May 15, 2026.
Positive
None.
Negative
None.
Insights
Armistice reports a near-10% passive stake via an advisory relationship.
Armistice Capital is disclosed as the investment manager to the Master Fund, which directly holds 400,000 shares and is listed with 9.88% ownership. The filing attributes voting and dispositive power to Armistice under an Investment Management Agreement.
Holder-level decisions and any future disposals will determine market activity; subsequent filings would show changes in position.
Filing is a routine beneficial ownership disclosure under Schedule 13G/A.
The joint filing identifies both Armistice Capital, LLC and Steven Boyd as Reporting Persons and includes a joint filing statement pursuant to Rule 13d-1(k). The Master Fund disclaims beneficial ownership to reflect lack of voting/dispositive power in its own name.
Governance implications depend on whether the stake is passive; the filing does not state any intent to influence management or seek board representation.
Key Figures
Shares beneficially owned:400,000 sharesPercent of class:9.88%CUSIP:31572Q881+2 more
5 metrics
Shares beneficially owned400,000 sharesAmount reported as beneficially owned
Percent of class9.88%Percent of common stock reported
CUSIP31572Q881Class of Common Stock
Reporting signature dateMay 15, 2026Signature date on amendment
Reported as held byArmistice Capital Master Fund Ltd.Direct holder named in the filing
"Armistice Capital exercises voting and investment power over the securities held by the Master Fund"
An investment management agreement is a written contract that hires a professional to make buying, selling and strategy decisions for an investment account or fund, and sets out their duties, fees, risk limits, performance measures and reporting requirements. It matters to investors because the agreement determines who controls the money, how much the service costs, what risks are allowed, and how success or failure is measured—think of it as the service contract that defines expectations and remedies for a hired portfolio manager.
Beneficial ownershipregulatory
"Armistice Capital may be deemed to beneficially own the securities of the Issuer held by the Master Fund"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Rule 13d-1(k)regulatory
"JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k)"
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 7)
KYNTRA BIO, INC.
(Name of Issuer)
Common Stock, $0.01 par value
(Title of Class of Securities)
31572Q881
(CUSIP Number)
03/31/2026
(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):
31572Q881
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
400,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
400,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
400,000.00
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)
9.88 %
12
Type of Reporting Person (See Instructions)
IA, OO
SCHEDULE 13G
CUSIP Number(s):
31572Q881
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
400,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
400,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
400,000.00
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)
9.88 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
KYNTRA BIO, INC.
(b)
Address of issuer's principal executive offices:
350 Bay Street, Suite 6,800,000, #6009, San Francisco, California 94133
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, $0.01 par value
(e)
CUSIP No.:
31572Q881
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:
400,000
(b)
Percent of class:
9.88%
(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:
400,000
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
400,000
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.
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 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:
05/15/2026
Steven Boyd
Signature:
/s/ Steven Boyd
Name/Title:
Steven Boyd
Date:
05/15/2026
Exhibit Information
JOINT FILING STATEMENT
PURSUANT TO RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, 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: May 15, 2026
Armistice Capital, LLC
By: /s/ Steven Boyd
Steven Boyd - Managing Member
Steven Boyd
By: /s/ Steven Boyd
What stake does Armistice Capital report in KYNTRA BIO (FGEN)?
Armistice Capital reports beneficial ownership of 400,000 shares, equal to 9.88% of KYNTRA BIO common stock. The shares are held directly by Armistice Capital Master Fund Ltd., with voting and investment power exercised by Armistice Capital.
Who are the reporting persons on the Schedule 13G/A for FGEN?
The filing lists Armistice Capital, LLC and Steven Boyd as the Reporting Persons. Mr. Boyd is identified as the managing member of Armistice Capital and signs the joint filing statement dated May 15, 2026.
Does the Master Fund claim beneficial ownership in the filing for FGEN?
The Master Fund is named as the direct holder of the shares, but the filing states the Master Fund specifically disclaims beneficial ownership due to its inability to vote or dispose of the securities under the Investment Management Agreement.
What voting and dispositive powers are reported by Armistice for FGEN?
The Schedule 13G/A reports 0 sole voting power and 400,000 shared voting power, and similarly 0 sole dispositive power with 400,000 shared dispositive power over the reported shares.
