Longeveron (NASDAQ: LGVN) holder Lincoln Alternative Strategies reports 0% stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Lincoln Alternative Strategies LLC reports that it no longer beneficially owns any shares of Longeveron Inc. common stock. The filing shows 0 shares beneficially owned, representing 0% of the class, with no sole or shared voting or dispositive power.
The filer confirms it owns 5 percent or less of Longeveron’s common stock and states that the securities referenced were not acquired or held for the purpose of changing or influencing control of the company.
Positive
- None.
Negative
- None.
FAQ
What change in ownership does this Schedule 13G/A report for LGVN?
The filing reports that Lincoln Alternative Strategies LLC now beneficially owns 0 shares of Longeveron Inc. common stock, representing 0% of the class. It indicates the firm’s ownership has fallen to 5 percent or less of Longeveron’s outstanding common stock.
Who is the reporting person in this Longeveron (LGVN) Schedule 13G/A?
The reporting person is Lincoln Alternative Strategies LLC, a Delaware entity. Its principal business office is listed as 404 Washington Ave., Suite 650, Miami Beach, FL 33139, and it is reporting its beneficial ownership position in Longeveron Inc. common stock.
What percentage of Longeveron (LGVN) does Lincoln Alternative Strategies LLC own?
Lincoln Alternative Strategies LLC reports owning 0% of Longeveron Inc.’s common stock. In Item 4, it lists an aggregate beneficially owned amount of 0 shares, and confirms that this position represents 0% of the outstanding class of Longeveron common stock.
What does “Ownership of 5 percent or less of a class” mean for LGVN?
Item 5 states ownership of 5 percent or less of a class, meaning Lincoln Alternative Strategies LLC is no longer a 5% beneficial owner of Longeveron common stock. This supports the reported 0 shares and 0% ownership position in the Schedule 13G/A amendment.
Is Lincoln Alternative Strategies LLC seeking to influence control of Longeveron (LGVN)?
The certification states the securities referenced were not acquired and are not held to change or influence control of Longeveron Inc. It also notes they are not held in connection with transactions aimed at that purpose, other than activities tied to Rule 240.14a-11 nominations.