STOCK TITAN

PowerCompute (PWCM) investors report 1.55M-share, 8.2% beneficial stake via warrants

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.
Beneficially owned shares 1,551,590 shares Shares of common stock beneficially owned as of June 30, 2026
Ownership percentage (Item 4(b)) 8.2% Percent of PowerCompute common stock class reported as beneficially owned
Ownership percentage (calculation reference) 8.3% Approximate beneficial ownership based on outstanding shares plus two warrants
Shares under Intracoastal Warrant 1 1,129,055 shares Common shares issuable upon exercise of Intracoastal Warrant 1
Shares under Intracoastal Warrant 2 422,535 shares Common shares issuable upon exercise of Intracoastal Warrant 2
Shares under Intracoastal Warrant 3 30,000 shares Excluded from beneficial ownership due to 4.99% blocker provision
Shares outstanding 17,352,281 shares PowerCompute common stock outstanding as of May 11, 2026
Blocker threshold 4.99% Maximum ownership allowed before Intracoastal Warrant 3 becomes non-exercisable
beneficial ownership financial
"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 provision financial
"Intracoastal Warrant 3 contains a blocker provision under which the holder"
shared voting power financial
"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 power financial
"Shared Dispositive Power 1,551,590.00"
warrant financial
"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

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.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates





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





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Mitchell P. Kopin
Signature:/s/ Mitchell P. Kopin
Name/Title:Mitchell P. Kopin
Date:08/13/2026
Daniel B. Asher
Signature:/s/ Daniel B. Asher
Name/Title:Daniel B. Asher
Date:08/13/2026
Intracoastal Capital LLC
Signature:/s/ Mitchell P. Kopin
Name/Title:Mitchell P. Kopin, Manager
Date:08/13/2026