Pratts disclose 7.4% stake in NeuroOne Medical (NMTC) after reverse split
Rhea-AI Filing Summary
NeuroOne Medical Technologies Corporation Schedule 13G reports that Brian Pratt and Barbara Pratt each beneficially own 627,344 shares of Common Stock, representing 7.4% of the class. The percentage is computed on 8,420,999 shares outstanding following a 1-for-6 reverse stock split of 50,525,995 shares effective April 15, 2026.
The shares are held in a joint account between each Reporting Person and their spouse; shared voting and dispositive power are reported for each at 627,344 shares. The filing includes a joint filing agreement dated April 21, 2026.
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Insights
Holders report joint ownership equal to 7.4% post reverse split.
The filing discloses that each Reporting Person holds 627,344 shares with shared voting and dispositive power, and that the ownership percentage is calculated on 8,420,999 shares outstanding after a 1-for-6 reverse split effective April 15, 2026. This clarifies stake size on a post-split basis.
Key dependencies include the stated outstanding share count and the reverse split effectiveness; subsequent filings could change calculated percentages if further corporate actions occur.