[SCHEDULE 13G/A] OS Therapies Incorporated SEC Filing
Thomas A. Satterfield Jr. reports beneficial ownership of 3,115,681 shares of OS Therapies common stock, representing 9.4% of the outstanding shares. The filing aggregates shares held directly and indirectly and assumes conversion of Series A convertible preferred and exercise of warrants when reporting the total stake.
The disclosed holdings are distributed across entities controlled by Mr. Satterfield, including Tomsat Investment & Trading Co., A.G. Family L.P., Caldwell Mill Opportunity Fund, LLC and Satterfield Vintage Investments, L.P. The filing also states the securities were not acquired to change or influence control of the issuer.
- Beneficial ownership disclosed: 3,115,681 shares, representing 9.4% of outstanding common stock.
- Convertible instruments included: Disclosure assumes conversion of 558,034 Series A preferred and exercise of 613,841 warrants when reporting stake.
- Entity-level transparency: Holdings are detailed across controlled entities (Tomsat Investment & Trading Co., A.G. Family L.P., Caldwell Mill Opportunity Fund, Satterfield Vintage Investments, L.P.).
- Passive intent certified: Filing includes a certification that the securities were not acquired to change or influence control of the issuer.
- None.
Insights
TL;DR: A significant 9.4% stake is disclosed, including convertibles and warrants that enlarge economic exposure if converted or exercised.
The Schedule 13G/A shows Mr. Satterfield beneficially owns 3,115,681 shares, calculated by including 558,034 Series A convertible preferred (assumed converted) and 613,841 warrants (assumed exercised). Consolidation of holdings across multiple controlled entities is clearly disclosed, which matters for understanding voting and disposition power. The filing also contains a certification that the securities were not acquired to influence control, indicating a passive intent under Schedule 13G rules. For investors, the key material facts are the percentage stake and the nature of the convertible instruments that expand potential ownership.
TL;DR: Reporting shows concentrated ownership through affiliated vehicles, with clear disclosure of convertible instruments and a passive ownership certification.
The statement identifies multiple affiliated entities holding shares and notes that some common shares are issuable upon conversion/exercise, which increases potential alignment or influence depending on future conversions. The explicit identification of controlled entities (Tomsat Investment & Trading Co., A.G. Family L.P., Caldwell Mill Opportunity Fund, Satterfield Vintage Investments, L.P.) provides transparency about beneficial ownership structure. The certification that holdings were not acquired to affect control is material for governance assessment, but the filing itself does not indicate any change in control intentions.