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Retension Pharmaceuticals: B Group reports 10% stake

The reported stake is held by B Group Capital LLC, while shared voting and disposition authority is also attributed to its adviser and the entities’ manager.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Retension Pharmaceuticals, Inc. common stock: B Group Capital LLC holds 833,333 shares, equal to 10.00% of the class. The B Group, Inc., the LLC’s investment adviser, and Branden B. Muhl, identified as the controlling person and manager of the two entities, may each be deemed beneficial owners of those shares. Each reports shared voting and shared dispositive power over 833,333 shares. The percentage is based on 8,331,599 shares outstanding immediately after completion of the issuer’s initial public offering, as reported in a prospectus supplement filed October 9, 2026. The reporting persons expressly disclaim status as a group.

Shares beneficially owned 833,333 shares Shares held by B Group Capital LLC; shared voting and dispositive power reported by each reporting person
Reported ownership 10.00% Percentage of the issuer’s common stock reported for each reporting person
Shares outstanding 8,331,599 shares Immediately after completion of the initial public offering; basis for the reported ownership percentage
beneficially own regulatory
"may each be deemed to beneficially own the shares"
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.
shared power to vote or to direct the vote regulatory
"shared power to vote or to direct the vote"
shared power to dispose or to direct the disposition regulatory
"shared power to dispose or to direct the disposition"
investment adviser financial
"serves as investment adviser to B Group Capital LLC"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.

FAQ

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

How many RTSN shares does B Group Capital LLC own?

B Group Capital LLC holds 833,333 shares of Retension Pharmaceuticals common stock. The B Group, Inc. and Branden B. Muhl may each also be deemed beneficial owners of those same shares through their stated roles.

What percentage of RTSN does the reported ownership represent?

The reported ownership is 10.00% of the class. The percentage is based on 8,331,599 shares outstanding immediately after giving effect to completion of the initial public offering.

Who has voting and disposition power over the RTSN shares?

The three reporting persons each report shared voting power and shared dispositive power over 833,333 shares, with sole voting power and sole dispositive power reported as zero.

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

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76135H100

(CUSIP Number)
10/13/2026

(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



The B Group, Inc.
Signature:/s/ Branden B. Muhl
Name/Title:Branden B. Muhl/Chief Executive Officer
Date:10/16/2026
B Group Capital LLC
Signature:/s/ Branden B. Muhl
Name/Title:Branden B. Muhl/Manager
Date:10/16/2026
Branden B. Muhl
Signature:/s/ Branden B. Muhl
Name/Title:Branden B. Muhl
Date:10/16/2026
Exhibit Information

Exhibit 99: Joint Filing Agreement

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