Schedule 13G: Lincoln Holds 365,849 Shares of SSKN
Rhea-AI Filing Summary
Lincoln Alternative Strategies LLC reported beneficial ownership of 365,849 shares of Strata Skin Sciences, Inc. common stock, representing 6.94% of the outstanding shares based on 5,268,708 shares outstanding as of September 3, 2025. The filing is a Schedule 13G indicating passive ownership under the Exchange Act rules and expressly certifies the shares were not acquired to change or influence control of the issuer. The reporting entity is organized in Delaware and lists its principal business address in Miami Beach, FL. The filing was signed by Stephen Temes as Managing Member on September 4, 2025.
Positive
- Material disclosure of a >5% position provides transparency to the market
- Filed as Schedule 13G, indicating passive ownership and no current intent to change control
- Exact ownership and percent are stated: 365,849 shares and 6.94% based on 5,268,708 shares outstanding
Negative
- None.
Insights
TL;DR: A passive investor disclosed a material >5% stake in SSKN, signaling notable share ownership without intent to influence control.
The Schedule 13G shows Lincoln Alternative Strategies LLC holds 365,849 shares or 6.94% of Strata Skin Sciences, which meets the reporting threshold for significant ownership but is filed under the passive ownership regime. That classification limits implications for corporate control but establishes Lincoln as a sizeable holder whose trading could affect float and liquidity. The filing includes standard certifications that the position is not intended to change control, which reduces immediate governance risk but does not preclude future changes in intent that would require an amended filing.
TL;DR: Material disclosure of a >5% holder is governance-relevant but currently shows no activist intent.
The disclosure is procedurally important: it informs shareholders and the company of a significant investor. Because the filer used Schedule 13G and certified no intent to influence control, this is consistent with a passive investment approach. From a governance perspective, continued monitoring is warranted because any shift from passive to active intent would trigger different filing requirements and potentially greater board engagement.