Purple Biotech insiders report 9.99% stake

Purple Biotech Ltd. reports beneficial ownership filings by Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC showing 282,513,535 Ordinary Shares issuable upon exercise of an Intracoastal warrant, representing 9.99% of the class.

Rhea-AI Filing Summary

Purple Biotech Ltd. reports beneficial ownership filings by Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC showing 282,513,535 Ordinary Shares issuable upon exercise of an Intracoastal warrant, representing 9.99% of the class.

The filing states the 9.99% figure is based on 2,545,449,780 Ordinary Shares outstanding as of March 18, 2026 plus the 282,513,535 shares issuable on the Intracoastal Warrant. A blocker provision prevents exercise of an additional 117,486,465 shares that would otherwise increase beneficial ownership to 400,000,000.

Insights

Securities Ownership Analyst

Filing documents a near-10% potential stake through a warrant with an anti-dilution blocker.

The report shows 282,513,535 Ordinary Shares are issuable upon exercise of the Intracoastal Warrant and that this amount equals 9.99% using the issuer's reported 2,545,449,780 shares outstanding as of March 18, 2026. The filing attributes these economic interests to Mr. Kopin, Mr. Asher and Intracoastal.

The Intracoastal Warrant contains a blocker provision that prevents exercise to the extent it would result in beneficial ownership above 9.99%; without that provision the filing says beneficial ownership could be 400,000,000 shares. Subsequent disclosures or exercises would change the position; timing and cash-flow treatment are not stated in the excerpt.

Key Figures

Shares issuable on warrant: 282,513,535 shares Percent of class: 9.99% Shares outstanding: 2,545,449,780 shares +2 more

5 metrics

Shares issuable on warrant 282,513,535 shares Intracoastal Warrant issuable amount

Percent of class 9.99% Based on shares outstanding plus warrant shares

Shares outstanding 2,545,449,780 shares Outstanding as of March 18, 2026

Shares excluded by blocker 117,486,465 shares Excluded from exercise under the warrant's blocker provision

Potential ownership without blocker 400,000,000 shares Stated hypothetical beneficial ownership absent the blocker

Key Terms

Intracoastal Warrant, blocker provision, beneficial ownership, shared dispositive power

4 terms

Intracoastal Warrant financial

"Ordinary Shares issuable upon exercise of the Intracoastal Warrant"

blocker provision regulatory

"the Intracoastal Warrant contains a blocker provision under which the holder does not have the right to exercise"

beneficial ownership regulatory

"each of the Reporting Persons may have been deemed to have beneficial ownership of 282,513,535"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

shared dispositive power financial

"Shared Dispositive Power 282,513,535.00"

FAQ

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

What stake does PPBT filing show for Kopin, Asher and Intracoastal?

The filing reports 282,513,535 shares issuable on a warrant, representing 9.99% of the class based on 2,545,449,780 shares outstanding as of March 18, 2026. The figure reflects the blocker limitation in the warrant.

How does the Intracoastal warrant's blocker provision affect ownership?

The warrant contains a blocker provision preventing exercise to the extent it would raise ownership above 9.99%. The filing states 117,486,465 shares are excluded due to that blocker.

What would ownership be without the blocker provision?

The filing indicates that without the blocker provision each Reporting Person may have been deemed to beneficially own 400,000,000 Ordinary Shares based on the same outstanding share base cited.

What outstanding share count does the filing use to calculate 9.99%?

The calculation uses 2,545,449,780 Ordinary Shares outstanding as of March 18, 2026, plus the 282,513,535 shares issuable on the Intracoastal Warrant to reach the reported 9.99%.

Who are the reporting persons named in the Schedule 13G/A for PPBT?

The filing is on behalf of Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC, with principal business addresses listed for each in the filing's Item 2 section.

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

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Accepted by SEC EDGAR 05/13/2026 - 04:25 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. 2)

Purple Biotech Ltd.

(Name of Issuer)

Ordinary shares, no par value per share

(Title of Class of Securities)

74638P307

(CUSIP Number)

03/31/2026

(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)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 74638P307

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 282,513,535.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 282,513,535.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

282,513,535.00

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 Number(s): 74638P307

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 282,513,535.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 282,513,535.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

282,513,535.00

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 Number(s): 74638P307

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 282,513,535.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 282,513,535.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

282,513,535.00

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: Purple Biotech Ltd.
(b)	Address of issuer's principal executive offices: 4 Oppenheimer Street, Science Park, Rehovot 7670104, Israel
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: Ordinary shares, no par value per share
(e)	CUSIP No.: 74638P307
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 March 31, 2026, each of the Reporting Persons may have been deemed to have beneficial ownership of 282,513,535 Ordinary Shares issuable upon exercise of a warrant held by Intracoastal (the "Intracoastal Warrant"), and all such Ordinary Shares represent beneficial ownership of approximately 9.99% of the Ordinary Shares, based on (1) 2,545,449,780 Ordinary Shares outstanding as of March 18, 2026, as reported by the Issuer, plus (2) 282,513,535 Ordinary Shares issuable upon exercise of the Intracoastal Warrant. The foregoing excludes 117,486,465 Ordinary Shares issuable upon exercise of the Intracoastal Warrant because the Intracoastal Warrant contains a blocker provision under which the holder thereof does not have the right to exercise the Intracoastal Warrant 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 Ordinary Shares Without such blocker provision, each of the Reporting Persons may have been deemed to have beneficial ownership of 400,000,000 Ordinary Shares.
(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: 282,513,535
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 282,513,535
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
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:	05/13/2026

Daniel B. Asher

Signature:	/s/ Daniel B. Asher
Name/Title:	Daniel B. Asher
Date:	05/13/2026

Intracoastal Capital LLC

Signature:	/s/ Mitchell P. Kopin
Name/Title:	Mitchell P. Kopin, Manager
Date:	05/13/2026