Armistice Capital (IRWD) discloses 13.9M-share Ironwood Pharmaceuticals stake
Rhea-AI Filing Summary
Armistice Capital, LLC and Steven Boyd report beneficial ownership of Class A common stock of Ironwood Pharmaceuticals, Inc. Amendment No. 7 states that they may be deemed to beneficially own 13,932,000 shares, representing 8.43% of the outstanding class as of June 30, 2026.
All 13,932,000 shares are held by Armistice Capital Master Fund Ltd., for which Armistice Capital serves as investment manager with shared voting and dispositive power and no sole power. Steven Boyd, as managing member of Armistice Capital, may also be deemed a beneficial owner. The Master Fund has the right to receive dividends and sale proceeds on these securities.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 13,932,000 shares
Percent of class: 8.43%
Shared voting power: 13,932,000 shares
+5 more
8 metrics
Shares beneficially owned
13,932,000 shares
Class A common stock of Ironwood Pharmaceuticals, Inc. reported by Armistice Capital and Steven Boyd
Percent of class
8.43%
Percentage of Ironwood Pharmaceuticals Class A common stock outstanding as of June 30, 2026
Shared voting power
13,932,000 shares
Shares over which the Reporting Persons have shared power to vote or direct the vote
Shared dispositive power
13,932,000 shares
Shares over which the Reporting Persons have shared power to dispose or direct disposition
Sole voting power
0 shares
Shares with sole power to vote or direct the vote reported by the Reporting Persons
Sole dispositive power
0 shares
Shares with sole power to dispose or direct the disposition reported by the Reporting Persons
Amendment number
Amendment No. 7
Amended Schedule 13G filing regarding Ironwood Pharmaceuticals, Inc.
Ownership date reference
06/30/2026
Date as of which ownership percentage is calculated
Key Terms
beneficially own, shared voting power, shared dispositive power, Investment Management Agreement, +2 more
6 terms
beneficially own financial
"may be deemed to beneficially own the securities of the Issuer held by the Master Fund"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Investment Management Agreement financial
"pursuant to an Investment Management Agreement, Armistice Capital exercises voting and investment power"
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.
exempted company financial
"The Master Fund, a Cayman Islands exempted company that is an investment advisory client"
Ownership of more than 5 Percent regulatory
"Item 6. Ownership of more than 5 Percent on Behalf of Another Person."
FAQ
What ownership stake in IRWD does Armistice Capital report in this Schedule 13G/A?
Armistice Capital and Steven Boyd report beneficial ownership of 13,932,000 shares of Ironwood Pharmaceuticals (IRWD) Class A common stock, representing 8.43% of the outstanding class as of June 30, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.