Innovative Eyewear (LUCYW): 9.99% Stake Reported — 475,728 Shares

Innovative Eyewear's Schedule 13G/A reports that Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC collectively beneficially own 475,728 shares of common stock, representing approximately 9.99% of the outstanding shares as of June 30, 2025.

Rhea-AI Filing Summary

Innovative Eyewear's Schedule 13G/A reports that Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC collectively beneficially own 475,728 shares of common stock, representing approximately 9.99% of the outstanding shares as of June 30, 2025. That total consists of 288,282 shares held by Intracoastal and 187,446 shares issuable upon exercise of Intracoastal Warrant 1. The filing discloses multiple additional warrant tranches excluded from the reported percentage because of blocker provisions, and states that without those blockers the group could be deemed to beneficially own 2,616,499 shares. The reporting persons indicate 0 sole voting power and shared voting and dispositive power over the reported 475,728 shares and certify the holdings were not acquired to change or influence control.

Positive

• Transparent disclosure: Filing clearly reports 475,728 shares (9.99%) and breaks down the composition between held shares and exercisable warrant shares.
• Detailed warrant treatment: The statement identifies specific warrant tranches and the blocker provisions that exclude additional shares, improving clarity about exercisability and current ownership.

Negative

• No sole control: Reporting persons state 0 sole voting power and only shared voting/dispositive power over the 475,728 shares.
• Significant excluded potential ownership: The filing excludes large warrant amounts (e.g., 1,910,400 shares from Warrant 1), noting that without blockers the group could beneficially own 2,616,499 shares, indicating material potential dilution/exposure.

Insights

Financial Analyst

TL;DR The reporting group holds a near-10% position including exercisable warrants; blocker provisions limit current exercise and reported ownership.

The Schedule 13G/A discloses a 475,728-share beneficial position equal to 9.99% of common stock, comprised of 288,282 shares held by Intracoastal and 187,446 shares issuable on Intracoastal Warrant 1. The filing explicitly lists excluded warrant amounts, including 1,910,400 shares from Warrant 1 and additional excluded tranches, and states that without those blocker provisions the group could be deemed to own 2,616,499 shares. Voting power is reported as 0 sole and 475,728 shared. For investors this is a material disclosure of concentration and potential future dilution, presented with clear numeric detail.

Corporate Governance Expert

TL;DR A clear group filing shows shared control over a significant stake, documents blocker provisions, and includes a non-control certification.

The report names three Reporting Persons and provides addresses and citizenship information, discloses the precise composition of the position and details the blocker provisions that prevent exercise of several warrants to remain below specified ownership thresholds. Item 10 contains a certification that the securities were not acquired to change or influence control. Signatures for all reporting parties are included with dates of execution, providing the standardized governance attestations investors expect from a Schedule 13G/A.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares does the reporting group beneficially own in Innovative Eyewear (LUCYW)?

The reporting persons beneficially own 475,728 shares, representing approximately 9.99% of common stock as of June 30, 2025.

What is the composition of the 475,728 shares reported for LUCYW?

The total comprises 288,282 shares held by Intracoastal and 187,446 shares issuable upon exercise of Intracoastal Warrant 1.

Are there other warrants or shares excluded from the reported ownership?

Yes. The filing excludes several warrant tranches due to blocker provisions, including 1,910,400 shares from Warrant 1, 102,698 from Warrant 2, 4,721 from Warrant 3, and two tranches of 61,476 each.

Who filed the Schedule 13G/A for LUCYW?

The filing is on behalf of Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC.

What voting and dispositive powers are reported?

Each reporting person reports 0 sole voting power and 475,728 shared voting power, with the same numbers for dispositive power.

When does the filing report the ownership and when was the form signed?

The ownership is reported as of June 30, 2025. The Schedule is signed by the reporting parties on 08/12/2025.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 08/12/2025 - 05:09 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Innovative Eyewear, Inc.

(Name of Issuer)

Common stock, par value $0.00001 per share

(Title of Class of Securities)

45791D208

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. 45791D208

1

Names of Reporting Persons

Mitchell P. Kopin

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 475,728.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 475,728.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

475,728.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.99 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

CUSIP No. 45791D208

1

Names of Reporting Persons

Daniel B. Asher

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 475,728.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 475,728.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

475,728.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.99 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

CUSIP No. 45791D208

1

Names of Reporting Persons

Intracoastal Capital LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 475,728.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 475,728.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

475,728.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.99 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Innovative Eyewear, Inc.
(b)	Address of issuer's principal executive offices: 11900 Biscayne Blvd., Suite 630, North Miami, Florida 33181
Item 2.
(a)	Name of person filing: This Schedule 13G is being filed on behalf of (i) Mitchell P. Kopin, an individual ("Mr. Kopin"), (ii) Daniel B. Asher, an individual ("Mr. Asher") and (iii) Intracoastal Capital LLC, a Delaware limited liability company ("Intracoastal" and together with Mr. Kopin and Mr. Asher, collectively the "Reporting Persons").
(b)	Address or principal business office or, if none, residence: The principal business office of Mr. Kopin and Intracoastal is 245 Palm Trail, Delray Beach, Florida 33483. The principal business office of Mr. Asher is 1011 Lake Street, Suite 311, Oak Park, Illinois 60301.
(c)	Citizenship: Mr. Kopin is a citizen of the United States of America. Mr. Asher is a citizen of the United States of America. Intracoastal is a Delaware limited liability company.
(d)	Title of class of securities: Common stock, par value $0.00001 per share
(e)	CUSIP No.: 45791D208
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: As of the close of business on June 30, 2025, each of the Reporting Persons may have been deemed to have beneficial ownership of 475,728 shares of Common Stock, which consisted of (i) 288,282 shares of Common Stock held by Intracoastal and (ii) 187,446 shares of Common Stock issuable upon exercise of a warrant held by Intracoastal ("Intracoastal Warrant 1"), and all such shares of Common Stock represent beneficial ownership of approximately 9.99% of the Common Stock, based on (1) 4,574,602 shares of Common Stock outstanding as of June 30, 2025, as reported by the Issuer, plus (2)187,446 shares of Common Stock issuable upon exercise of Intracoastal Warrant 1. The foregoing excludes (I) 1,910,400 shares of Common Stock issuable upon exercise of Intracoastal Warrant 1 because Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 1 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 9.99% of the Common Stock, (II) 102,698 shares of Common Stock issuable upon exercise of a second warrant held by Intracoastal ("Intracoastal Warrant 2") because Intracoastal Warrant 2 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 2 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 9.99% of the Common Stock, (III) 4,721 shares of Common Stock issuable upon exercise of a third warrant held by Intracoastal ("Intracoastal Warrant 3") because Intracoastal Warrant 3 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 3 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock, (IV) 61,476 shares of Common Stock issuable upon exercise of a fourth warrant held by Intracoastal ("Intracoastal Warrant 4") because Intracoastal Warrant 4 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 4 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock and (V) 61,476 shares of Common Stock issuable upon exercise of a fifth warrant held by Intracoastal ("Intracoastal Warrant 5") because Intracoastal Warrant 5 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 5 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock. Without such blocker provisions, each of the Reporting Persons may have been deemed to have beneficial ownership of 2,616,499 shares of Common Stock.
(b)	Percent of class: 9.99%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 475,728
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 475,728
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Mitchell P. Kopin

Signature:	/s/ Mitchell P. Kopin
Name/Title:	Mitchell P. Kopin
Date:	08/12/2025

Daniel B. Asher

Signature:	/s/ Daniel B. Asher
Name/Title:	Daniel B. Asher
Date:	08/12/2025

Intracoastal Capital LLC

Signature:	/s/ Mitchell P. Kopin
Name/Title:	Mitchell P. Kopin, Manager
Date:	08/12/2025