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Armistice Capital (IRWD) discloses 13.9M-share Ironwood Pharmaceuticals stake

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

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.
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
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.
shared voting power financial
"Shared Voting Power 13,932,000.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"Shared Dispositive Power 13,932,000.00"
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.

Who is the direct holder of the IRWD shares reported by Armistice Capital?

The 13,932,000 Ironwood Pharmaceuticals (IRWD) shares are directly held by Armistice Capital Master Fund Ltd., a Cayman Islands exempted company that is an investment advisory client of Armistice Capital, LLC.

What voting and dispositive powers over IRWD shares are reported by Armistice Capital?

Armistice Capital and Steven Boyd report 0 shares with sole voting or dispositive power and 13,932,000 shares with shared voting and shared dispositive power over Ironwood Pharmaceuticals (IRWD) stock.

What is Steven Boyd’s relationship to the IRWD shares reported in this filing?

Steven Boyd is the managing member of Armistice Capital, LLC and may be deemed to beneficially own the 13,932,000 Ironwood Pharmaceuticals (IRWD) shares held by the Master Fund through Armistice Capital’s investment management role.

Who has the right to receive dividends and sale proceeds from the IRWD shares?

The Master Fund, Armistice Capital Master Fund Ltd., has the right to receive dividends and proceeds from the sale of the 13,932,000 Ironwood Pharmaceuticals (IRWD) shares reported.

Why does the Master Fund disclaim beneficial ownership of the IRWD shares?

The Master Fund specifically disclaims beneficial ownership of the Ironwood Pharmaceuticals (IRWD) shares because, under its Investment Management Agreement with Armistice Capital, it cannot vote or dispose of the securities itself.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





46333X108

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Armistice Capital, LLC
Signature:/s/ Steven Boyd
Name/Title:Steven Boyd - Managing Member
Date:08/14/2026
Steven Boyd
Signature:/s/ Steven Boyd
Name/Title:Steven Boyd
Date:08/14/2026
Exhibit Information

JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: August 14, 2026 Armistice Capital, LLC By: /s/ Steven Boyd Steven Boyd - Managing Member Steven Boyd By: /s/ Steven Boyd