Thai Investor Holds 11.1% Stake in Innovative Solutions & Support (ISSC)
Christopher Harborne and Klear Kite LLC have filed Amendment No. 6 to their Schedule 13D regarding their holdings in Innovative Solutions & Support.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Christopher Harborne and Klear Kite LLC have filed Amendment No. 6 to their Schedule 13D regarding their holdings in Innovative Solutions & Support. The filing discloses that the reporting persons beneficially own 1,951,241 shares, representing approximately 11.1% of the company's outstanding common stock.
Key details of the filing include:
- Shares are held directly by Klear Kite LLC, with Christopher Harborne as its sole member
- Both parties share voting and investment power over all shares
- Percentage calculation based on 17,604,155 total shares outstanding as of May 1, 2025
- The filing includes transactions made since Amendment No. 5, detailed in Schedule A (Exhibit 99.5)
- Source of funds: Personal Funds (PF) for Harborne and Affiliate Funds (AF) for Klear Kite
This amendment continues the reporting sequence that began with the original Schedule 13D filed on September 13, 2022, and represents the latest update in their ownership position.
Positive
- Christopher Harborne and Klear Kite LLC maintain a significant 11.1% ownership stake (1,951,241 shares) in Innovative Solutions & Support, demonstrating continued confidence in the company
Negative
- None.
FAQ
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What percentage stake does Klear Kite LLC hold in ISSC?
How many amendments have been made to the original ISSC Schedule 13D filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.