Orin Hirschman reports 3.8% Personalis (PSNL) stake on 13G/A
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Personalis, Inc. investor Orin Hirschman and affiliated AIGH entities report a passive ownership position below 5% of the company’s common stock. The filing shows Mr. Hirschman beneficially owning 3,416,720 shares, representing 3.8% of the outstanding common stock, with sole voting and dispositive power.
AIGH Capital Management LLC separately reports beneficial ownership of 2,900,000 shares, or 3.3% of the class, also with sole voting and dispositive power. The securities are certified as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of Personalis.
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FAQ
What does the Personalis (PSNL) Schedule 13G/A Amendment No. 3 report?
The Schedule 13G/A Amendment No. 3 reports that Orin Hirschman and affiliated AIGH entities hold a passive stake in Personalis common stock. It updates their beneficial ownership levels and confirms the holdings are for ordinary-course investment, not to change or influence control of the company.
What percentage of Personalis (PSNL) does AIGH Capital Management LLC report owning?
AIGH Capital Management LLC reports beneficial ownership of 2,900,000 Personalis common shares. This holding represents 3.3% of the company’s common stock, with sole voting and sole dispositive power, as shown on its individual cover page within the Schedule 13G/A filing.
Why does the Personalis (PSNL) filing mention ownership of 5 percent or less of a class?
Item 5 confirms the reporting persons own 5 percent or less of Personalis’s common stock. This disclosure explains that their current holdings fall below the 5% threshold, which is a key trigger level for Schedule 13D versus Schedule 13G reporting under SEC beneficial ownership rules.
Who are the reporting persons in the Personalis (PSNL) Schedule 13G/A filing?
The reporting persons are AIGH Capital Management LLC, AIGH Investment Partners LLC, and Orin Hirschman. Mr. Hirschman is the Managing Member of AIGH Capital Management LLC and president of AIGH Investment Partners LLC, and the filing aggregates their beneficial ownership in Personalis common stock.