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PowerCompute, Inc. has a significant shareholder group consisting of Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC. As of June 30, 2026, they report beneficial ownership of 1,551,590 shares of common stock through two Intracoastal-held warrants. This represents a stake of approximately 8.2% of the outstanding common stock, based on 17,352,281 shares outstanding plus the shares underlying those two warrants. A third warrant for 30,000 shares is excluded from this calculation due to a 4.99% blocker provision that limits additional exercisability.
"may have been deemed to have beneficial ownership of 1,551,590 shares of Common Stock"
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.
blocker provisionfinancial
"Intracoastal Warrant 3 contains a blocker provision under which the holder"
shared voting powerfinancial
"Shared Voting Power 1,551,590.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 1,551,590.00"
warrantfinancial
"shares of Common Stock issuable upon exercise of a warrant held by Intracoastal"
A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of PowerCompute (PWCM) does Intracoastal Capital and its principals own?
They report beneficial ownership of approximately 8.2% of PowerCompute’s common stock. This is based on 1,551,590 shares underlying two warrants, plus 17,352,281 shares outstanding as of May 11, 2026.
How many PowerCompute (PWCM) shares are beneficially owned by the reporting persons?
The reporting group may be deemed to beneficially own 1,551,590 shares of PowerCompute common stock. This total comes from 1,129,055 shares under Intracoastal Warrant 1 and 422,535 shares under Intracoastal Warrant 2.
What is the blocker provision affecting Intracoastal’s third PowerCompute (PWCM) warrant?
Intracoastal Warrant 3 for 30,000 shares cannot be exercised to the extent it would cause ownership above 4.99%. Because of this blocker provision, those 30,000 shares are excluded from the reported beneficial ownership.
How many PowerCompute (PWCM) shares were outstanding for the ownership calculation?
The ownership percentage is calculated using 17,352,281 shares of PowerCompute common stock outstanding as of May 11, 2026, plus the shares issuable upon exercise of Intracoastal Warrants 1 and 2.
Do the reporting persons have sole or shared voting power over their PowerCompute (PWCM) stake?
The reporting persons have 0 shares with sole voting or dispositive power and 1,551,590 shares with shared voting and shared dispositive power, reflecting their coordinated ownership position.
Who are the reporting persons in this PowerCompute (PWCM) Schedule 13G/A?
The filing is made on behalf of Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC. Intracoastal, a Delaware limited liability company, holds the warrants that give rise to the reported beneficial ownership.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
PowerCompute, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
502074602
(CUSIP Number)
06/30/2026
(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):
502074602
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
1,551,590.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,551,590.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,551,590.00
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)
8.2 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
502074602
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
1,551,590.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,551,590.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,551,590.00
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)
8.2 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
502074602
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
1,551,590.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,551,590.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,551,590.00
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)
8.2 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
PowerCompute, Inc.
(b)
Address of issuer's principal executive offices:
1200 West Platt Street, Suite 100, Tampa, Florida 33606
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:
Common Stock, par value $0.001 per share
(e)
CUSIP No.:
502074602
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 June 30, 2026, each of the Reporting Persons may have been deemed to have beneficial ownership of 1,551,590 shares of Common Stock, which consisted of (i) 1,129,055 shares of Common Stock issuable upon exercise of a warrant held by Intracoastal ("Intracoastal Warrant 1") and (ii) 422,535 shares of Common Stock issuable upon exercise of a second warrant held by Intracoastal ("Intracoastal Warrant 2"), and all such shares of Common Stock represent beneficial ownership of approximately 8.3% of the Common Stock, based on (1) 17,352,281 shares of Common Stock outstanding as of May 11, 2026, as reported by the Issuer, plus (2) 1,129,055 shares of Common Stock issuable upon exercise of Intracoastal Warrant 1 and (3) 422,535 shares of Common Stock issuable upon exercise of Intracoastal Warrant 2. The foregoing excludes 30,000 shares of Common Stock issuable upon exercise of a third warrant held by Intracoastal ("Intracoastal Warrant 3") because Intracoastal Warrant 3 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 3 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 4.99% of the Common Stock. Without such blocker provision, each of the Reporting Persons may have been deemed to have beneficial ownership of 1,581,590 shares of Common Stock.
(b)
Percent of class:
8.2%
(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:
1,551,590
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
1,551,590
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.
