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Schedule 13D/A: Alta Partners Reports 117,107 Shares in FMTOF

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Alta Partners LLC reports in Amendment No. 1 to Schedule 13D that it beneficially owns 117,107 common shares of Femto Technologies Inc., representing 13.6% of the company's outstanding common shares based on 860,762 shares outstanding. The filing states the shares were acquired using working capital. Alta Partners affirms it currently has no plans or proposals to pursue transactions such as additional acquisitions or dispositions of securities, mergers, asset sales, board or management changes, material capitalization or dividend changes, or other actions to alter control of the issuer. The report also indicates Alta Partners holds sole voting and dispositive power over the reported shares.

Positive

  • Material stake disclosed: Ownership of 117,107 shares equals 13.6% of outstanding common shares, providing transparency to the market
  • Clear control rights: Reporting person states sole voting and dispositive power over the reported shares
  • Non-activist statement: Alta Partners explicitly disclaims current plans to pursue mergers, board changes, or other control actions

Negative

  • No forward detail: Filing contains no information on future intentions beyond current disclaimers, leaving potential strategic direction uncertain
  • Concentration risk: A 13.6% block is material and could introduce volatility if sold or if intentions change, though no sale is currently planned

Insights

TL;DR: A 13.6% stake is material and merits monitoring; the holder disclaims activist intentions.

Alta Partners' disclosure of a 13.6% beneficial ownership is a material ownership disclosure that could influence trading liquidity and shareholder dynamics. The filing clarifies the source of funds as working capital and confirms sole voting and dispositive power for 117,107 shares. Importantly, the reporting person explicitly disclaims any present plans to pursue corporate control actions or other material changes, which reduces immediate activist risk but leaves open future strategic decisions. For investors, the position size is large enough to matter but the stated lack of current intentions limits near-term governance disruption.

TL;DR: Material stake disclosed without governance demands; this is informative but non-disruptive for now.

The Schedule 13D/A provides clear, compliant disclosure of beneficial ownership and control rights: Alta Partners reports sole voting and dispositive power over the reported shares. The explicit statements that no changes to board, management, capitalization, or corporate structure are planned reduce the likelihood of immediate activist engagement. From a governance perspective, the filing is transparent and limits uncertainty, but the sizable minority stake means stakeholders should track any future amendments that could reveal strategic intentions.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D


Alta Partners LLC
Signature:/s/ Steven Cohen
Name/Title:Steven Cohen, Managing Member
Date:09/05/2025

FAQ

What stake does Alta Partners LLC report in Femto Technologies (FMTOF)?

Alta Partners reports beneficial ownership of 117,107 shares, equal to 13.6% of Femto Technologies' outstanding common shares.

How were the shares acquired according to the FMTOF Schedule 13D/A?

The filing states the source of funds used to acquire the shares was working capital.

Does Alta Partners plan to change Femto Technologies' management or pursue a takeover (FMTOF)?

No. The filing explicitly states the reporting person has no plans or proposals to change board or management or to pursue other control actions.

What voting and dispositive powers does the reporting person hold for FMTOF shares?

Alta Partners reports sole voting power and sole dispositive power over all 117,107 reported shares.

How many common shares outstanding did the filing use to calculate percentage ownership for FMTOF?

The calculation is based on an aggregate of 860,762 common shares outstanding.