Swarmer Schedule 13G: Rapoport reports 9.9% stake
Swarmer, Inc. Schedule 13G filed reporting that Michael Rapoport beneficially owns 1,095,000 shares of common stock, representing 9.9% of the outstanding shares.
Rhea-AI Filing Summary
Swarmer, Inc. Schedule 13G filed reporting that Michael Rapoport beneficially owns 1,095,000 shares of common stock, representing 9.9% of the outstanding shares. The filing states this ownership consists of 475,000 shares held by Broadband Capital Investments LLC and 620,000 shares held by Michael Rapoport Roth IRA.
The filing references a Form 8-K indicating 10,998,609 shares outstanding as of the completion of the offering described therein. The Reporting Person discloses sole voting and dispositive power over the disclosed holdings.
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Insights
Major holder disclosure: one person reports 9.9% stake with sole control over two entities.
The filing documents that Michael Rapoport holds an aggregate 1,095,000 shares through Broadband Capital Investments LLC and a Roth IRA and reports sole voting and dispositive power for both holdings. This is a standard beneficial ownership disclosure under Schedule 13G.
Key dependency is the outstanding share count of 10,998,609 cited from the referenced Form 8-K, which anchors the 9.9% figure; subsequent filings could change the percentage if share count shifts.
Disclosure clarifies concentration: a single reporting person controls just under ten percent of shares.
The Schedule 13G lists the ownership split: 475,000 shares in Broadband and 620,000 in an IRA, both under the Reporting Person's sole authority. The form confirms beneficial ownership rather than an intent to trade.
Stake size and sole control are facts to note; any material changes in outstanding shares or transfers by these accounts would appear in future ownership statements.
FAQ
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What voting and disposition powers are disclosed in the Schedule 13G for SWMR?
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