Armistice Capital reports 9.99% stake in GEOVAX
GEOVAX LABS, INC. ownership disclosure: Armistice Capital, LLC and Steven Boyd report beneficial ownership of 291,155 shares of Common Stock, representing 9.99% of the class as set forth in this amendment.
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Rhea-AI Filing Summary
GEOVAX LABS, INC. ownership disclosure: Armistice Capital, LLC and Steven Boyd report beneficial ownership of 291,155 shares of Common Stock, representing 9.99% of the class as set forth in this amendment. The filing states Armistice Capital exercises shared voting and dispositive power over those shares.
Insights
Armistice reports a near-10% position managed via its Master Fund.
Armistice Capital, acting as investment manager to Armistice Capital Master Fund Ltd., is reported to have shared voting and dispositive power over 291,155 shares, equal to 9.99%. The filing attributes beneficial ownership to the manager and to Steven Boyd as managing member.
Future disclosures may show transactions by the Master Fund; the filing states the Master Fund retains the right to receive proceeds from sales.
Structure clarifies manager/entity relationship and disclaimers.
The statement explains that the Master Fund is the direct holder while Armistice Capital, under an Investment Management Agreement, exercises voting and investment power. Mr. Boyd is reported as a managing member and may be deemed to beneficially own the securities by virtue of that role.
The Master Fund "specifically disclaims beneficial ownership" of the securities to the extent it lacks voting or dispositive power under the agreement.
Key Figures
Key Terms
beneficially owned financial
Investment Management Agreement legal
Schedule 13G/A regulatory
FAQ
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What stake does Armistice Capital report in GEOVAX LABS (GOVX)?
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