Armistice Capital (RPID) discloses 3.33M-share position in Rapid Micro Biosystems
Rhea-AI Filing Summary
Rapid Micro Biosystems, Inc. has a significant shareholder position reported by Armistice Capital, LLC and Steven Boyd. The reporting group beneficially owns 3,328,000 shares of Class A common stock, representing 7.29% of the class. All voting and dispositive authority over these shares is reported as shared, with no sole power to vote or dispose. The shares are directly held by Armistice Capital Master Fund Ltd., for which Armistice Capital serves as investment manager under an Investment Management Agreement, and Steven Boyd is the managing member of Armistice Capital. The Master Fund has the right to receive dividends and sale proceeds from the reported securities.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 3,328,000 shares
Percent of class: 7.29%
Shared voting power: 3,328,000 shares
+3 more
6 metrics
Beneficially owned shares
3,328,000 shares
Class A common stock reported by Armistice Capital and Steven Boyd
Percent of class
7.29%
Ownership percentage of Rapid Micro Biosystems Class A common stock
Shared voting power
3,328,000 shares
Shares over which the reporting persons share voting power
Shared dispositive power
3,328,000 shares
Shares over which the reporting persons share dispositive power
Sole voting power
0 shares
Shares over which the reporting persons have sole voting power
Sole dispositive power
0 shares
Shares over which the reporting persons have sole dispositive power
Key Terms
beneficially own, shared voting power, shared dispositive power, Investment Management Agreement, +1 more
5 terms
beneficially own financial
"thus may be deemed to beneficially own the securities of the Issuer"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Investment Management Agreement financial
"pursuant to an Investment Management Agreement, Armistice Capital exercises voting"
An investment management agreement is a written contract that hires a professional to make buying, selling and strategy decisions for an investment account or fund, and sets out their duties, fees, risk limits, performance measures and reporting requirements. It matters to investors because the agreement determines who controls the money, how much the service costs, what risks are allowed, and how success or failure is measured—think of it as the service contract that defines expectations and remedies for a hired portfolio manager.
exempted company financial
"The Master Fund, a Cayman Islands exempted company that is an investment"
FAQ
How much of Rapid Micro Biosystems (RPID) does Armistice Capital beneficially own?
Armistice Capital and Steven Boyd beneficially own 3,328,000 shares of Rapid Micro Biosystems Class A common stock, representing 7.29% of the outstanding class, according to the Schedule 13G filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.