Kennerman Associates (INIS) files 42.4% beneficial stake disclosure
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Radnostix, Inc. disclosure: Kennerman Associates, Inc. reports beneficial ownership of 237,489,559 shares of common stock, representing 42.4% of the class based on March 26, 2026. The holding includes 5,000,000 vested options exercisable within 60 days and 26,300,000 shares issuable on conversion of Series C Preferred Stock.
Christopher Grosso is identified as a principal of Kennerman Associates and is reported as beneficially owning 65,645,540 shares (12.1%), which includes options and Series C conversion rights; Grosso disclaims beneficial ownership of a portion of the securities reported.
Positive
- None.
Negative
- None.
Key Figures
Kennerman shares beneficially owned: 237,489,559 shares
Kennerman percent of class: 42.4%
Vested options included: 5,000,000 shares
+3 more
6 metrics
Kennerman shares beneficially owned
237,489,559 shares
ownership reported in Schedule 13G
Kennerman percent of class
42.4%
based on 528,209,538 shares outstanding as of March 26, 2026
Vested options included
5,000,000 shares
options exercisable within 60 days
Series C conversion (Kennerman)
26,300,000 shares
issuable upon conversion of Series C Preferred Stock
Christopher Grosso beneficial ownership
65,645,540 shares
reported aggregate beneficial ownership
Grosso percent of class
12.1%
based on 523,706,140 shares outstanding as of March 26, 2026
Key Terms
beneficial ownership, Series C Convertible Redeemable Preferred Stock, vested stock options exercisable within 60 days
3 terms
beneficial ownership regulatory
"Amount beneficially owned: As of the date of this filing"
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.
Series C Convertible Redeemable Preferred Stock financial
"26,300,000 shares of common stock issuable upon conversion of the issuer's Series C Convertible Redeemed Preferred Stock"
vested stock options exercisable within 60 days financial
"5,000,000 shares of common stock subject to vested stock options exercisable within 60 days"
FAQ
What stake does Kennerman Associates report in INIS?
Kennerman Associates reports beneficial ownership of 237,489,559 shares, equal to 42.4% of the class based on March 26, 2026. This total includes vested options exercisable within 60 days and shares issuable upon conversion of Series C Preferred Stock.
How much of INIS does Christopher Grosso beneficially own?
Christopher Grosso is reported as beneficially owning 65,645,540 shares, or 12.1% of the class based on the filing. His reported total includes vested options and shares issuable upon conversion of Series C Preferred Stock, and he disclaims ownership of certain securities.
Which convertible or option instruments are included in the reported INIS holdings?
The reported holdings include 5,000,000 vested options exercisable within 60 days and 26,300,000 shares issuable upon conversion of the issuer's Series C Convertible Redeemable Preferred Stock, as stated in the filing's comment section.