Thomas Satterfield Discloses 1.82M-Share, 9% Holding in NVNO
Rhea-AI Filing Summary
enVVeno Medical Corporation (NVNO) disclosed that investor Thomas A. Satterfield, Jr. has filed a Schedule 13G reporting beneficial ownership of 1,822,500 shares of common stock, representing 9.0% of the outstanding shares, based on 20,216,176 shares outstanding as of October 28, 2025. Satterfield has sole voting and dispositive power over 165,000 shares and shared voting and dispositive power over 1,657,500 shares.
The filing explains that 400,000 shares are held through Tomsat Investment & Trading Co., Inc., wholly owned by Satterfield, and 1,250,000 shares are held by Caldwell Mill Opportunity Fund, LLC, a fund managed by an entity in which he owns a 50% interest and serves as Chief Investment Manager. He certifies that the securities were not acquired for the purpose of changing or influencing control of enVVeno, indicating a passive investment stance.
Positive
- None.
Negative
- None.
FAQ
What percentage of enVVeno Medical (NVNO) does Thomas A. Satterfield Jr. own?
According to the Schedule 13G, Thomas A. Satterfield, Jr. beneficially owns 9.0% of enVVeno Medical Corporation's common stock, based on 20,216,176 shares outstanding as of October 28, 2025.
Is Thomas A. Satterfield Jr. a passive or active investor in enVVeno Medical (NVNO)?
The certification states that the securities were not acquired and are not held for the purpose of changing or influencing control of enVVeno Medical, indicating a passive investment under Schedule 13G.
How is Thomas A. Satterfield Jr.’s NVNO ownership structured?
The Schedule 13G notes that 400,000 shares are held by Tomsat Investment & Trading Co., Inc. (wholly owned by Satterfield), 1,250,000 shares are held by Caldwell Mill Opportunity Fund, LLC, and he has a limited power of attorney over 7,500 shares held by Rebecca A. Satterfield.