[SCHEDULE 13G/A] GeoVax Labs, Inc. Warrants SEC Filing
Armistice Capital, LLC and Steven Boyd report beneficial ownership of 2,675,610 shares of GeoVax Labs common stock, representing 9.54% of the class. Armistice Capital is the investment manager of the direct holder (the Master Fund) and reports shared voting and dispositive power over these shares. The Master Fund disclaims beneficial ownership to the extent it lacks voting or dispositive power under its agreement with Armistice Capital.
The filing states the shares are held in the ordinary course of business and were not acquired to change or influence control of the issuer. Steven Boyd, as managing member of Armistice Capital, is reported as having the same shared voting and dispositive power.
- Material stake reported: Ownership of 2,675,610 shares equals a 9.54% position, signaling meaningful investor interest.
- Clear governance disclosure: Armistice Capital discloses voting and dispositive authority via its role as investment manager.
- None.
Insights
TL;DR: A hedge fund-affiliated manager reports a sizable 9.54% position with shared voting and dispositive power via a managed fund.
The position size—2,675,610 shares representing 9.54%—is material and must be monitored by investors for potential influence on governance or future actions. The filing clarifies that voting and disposition authority rests with Armistice Capital as investment manager of the Master Fund, while the Master Fund disclaims direct beneficial ownership to the extent it lacks such authority. The certification that the shares are held in the ordinary course of business and not for control limits, but does not eliminate, possible future coordination or activism.
TL;DR: Reporting shows shared voting/dispositive power through an investment manager, raising governance relevance for a sub-10% holder.
The reporting structure—Armistice Capital exercising voting and investment power on behalf of the Master Fund while the Master Fund disclaims beneficial ownership—highlights typical investment-management reporting mechanics. With nearly 10% ownership and shared voting power, the reporting persons could be influential in shareholder matters depending on other holders' dispersion. The filing’s statement that holdings are not intended to influence control is a standard disclosure but should be read alongside any future amendments or disclosures of coordination.