Scientific Industries Inc (SCND): Lytton and Foundation each report 9.9% stake
Rhea-AI Filing Summary
Scientific Industries Inc. received an amended ownership report from Laurence W. Lytton and the Lytton-Kambara Foundation. Lytton reports beneficial ownership of 1,226,104 shares of common stock, or 9.9% of the class, including 881,386 shares and warrants to purchase 1,380,000 shares, all subject to a 9.99% beneficial ownership limitation. The Lytton-Kambara Foundation reports beneficial ownership of 1,245,527 shares, or 9.9%, including 706,386 shares and warrants to purchase 1,220,000 shares, also subject to the same 9.99% limitation. Percentages are calculated using 11,928,599 shares of common stock outstanding as of May 13, 2026.
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Key Figures
Lytton beneficial ownership: 1,226,104 shares (9.9%)
Foundation beneficial ownership: 1,245,527 shares (9.9%)
Shares outstanding baseline: 11,928,599 shares
+3 more
6 metrics
Lytton beneficial ownership
1,226,104 shares (9.9%)
Beneficially owned Scientific Industries common stock reported by Laurence W. Lytton
Foundation beneficial ownership
1,245,527 shares (9.9%)
Beneficially owned Scientific Industries common stock reported by Lytton-Kambara Foundation
Shares outstanding baseline
11,928,599 shares
Scientific Industries common stock outstanding as of May 13, 2026
Lytton warrant position
1,380,000 shares
Warrants to purchase Scientific Industries common stock held by Laurence W. Lytton
Foundation warrant position
1,220,000 shares
Warrants to purchase Scientific Industries common stock held by Lytton-Kambara Foundation
Beneficial ownership cap
9.99%
Beneficial ownership limitation applicable to reported warrant holdings
Key Terms
beneficial ownership limitation, shared voting power, sole dispositive power, Schedule 13G/A
4 terms
beneficial ownership limitation regulatory
"warrants to purchase 1,380,000 shares of Common Stock, subject to a 9.99% beneficial ownership limitation"
A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.
sole dispositive power financial
"Sole Dispositive Power 75,000.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G/A regulatory
"SCIENTIFIC INDUSTRIES INC Schedule 13G/A Amendment No. 5"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
FAQ
What percentage of SCIENTIFIC INDUSTRIES INC (SCND) does Laurence W. Lytton report owning?
Laurence W. Lytton reports 9.9% beneficial ownership of Scientific Industries common stock, representing 1,226,104 shares. This total includes existing common shares and warrants, subject to a 9.99% beneficial ownership limitation based on 11,928,599 shares outstanding.
What is the beneficial ownership limitation disclosed for SCND by Lytton and the Lytton-Kambara Foundation?
Both Lytton and the Lytton-Kambara Foundation state that their warrants are subject to a 9.99% beneficial ownership limitation. This cap restricts exercises that would push their beneficial holdings above 9.99% of Scientific Industries’ outstanding common stock.
How much voting power do Lytton and the Lytton-Kambara Foundation report in SCND?
Lytton reports 75,000 shares with sole voting power and 1,151,104 with shared voting power. The Lytton-Kambara Foundation reports 1,245,527 shares with shared voting power and no sole voting power over Scientific Industries shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.