[SCHEDULE 13G/A] Mainz Biomed N.V. SEC Filing
Armistice Capital, LLC and Steven Boyd report beneficial ownership of 723,092 ordinary shares of Mainz Biomed N.V., representing 9.99% of the class. The filing states Armistice Capital is the investment manager of Armistice Capital Master Fund Ltd., the direct holder of the shares, and that Armistice exercises shared voting and dispositive power over 723,092 shares while neither Armistice nor Mr. Boyd claim sole voting or dispositive power. The Master Fund is identified as the party with the right to receive dividends or sale proceeds. The filing clarifies these holdings are reported to be held in the ordinary course of business and not for the purpose of changing control.
- Material stake disclosed: Reporting Persons collectively hold 723,092 shares, representing 9.99% of the class
- Clear ownership structure: Armistice Capital identified as investment manager and the Master Fund as direct holder, clarifying decision authority
- Certification of ordinary-course holding: Filing states shares were acquired and are held in the ordinary course of business and not to change control
- None.
Insights
TL;DR: A disclosed near-10% stake by an investment manager and its managing member signals a material position but no stated control intent.
Armistice Capital and Steven Boyd report shared voting and dispositive power over 723,092 shares, equal to 9.99% of Mainz Biomed's ordinary shares. This level is material because it approaches the 10% reporting threshold used by market participants to identify significant holders. The filing attributes legal ownership to the Master Fund while Armistice, as investment manager, exercises decision authority under an Investment Management Agreement. The certification notes the position is held in the ordinary course of business and not to influence control, which limits immediate governance implications. Investors should view this as a substantial disclosed investment without an accompanying activist or control statement in this filing.
TL;DR: Reporting shows coordinated reporting by manager and managing member; no changes to board or control disclosed.
The joint Schedule 13G filing, signed by Steven Boyd as managing member, follows Rule 13d-1(k) joint filing conventions and documents that the Master Fund holds the shares while Armistice exercises voting and dispositive authority. The explicit disavowal of an intent to change or influence control is consistent with passive investor treatment under the rules. From a governance perspective, the filing does not assert any nominee, slate, or solicitation activity. The structure—investment manager with shared power and a disclosed underlying fund beneficiary—is standard for institutional positions and preserves the manager's reporting obligations without signaling governance activism.