STOCK TITAN

Lind Global Fund III (SXTP) discloses 5.45% stake with warrant conversion cap

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

60 Degrees Pharmaceuticals, Inc. received a Schedule 13G from Lind Global Fund III LP, Lind Global Partners III LLC, and Jeff Easton reporting a beneficial ownership position in its common stock.

Each reporting person has sole voting and dispositive power over 191,571 shares, representing 5.45% of the common stock. Their holdings consist of 191,571 shares of common stock and 191,571 Series A Warrants plus 191,571 Series B Warrants. Due to conversion limitations in the warrants, their beneficial ownership is limited to an aggregate of 191,571 shares. The warrants include a provision that restricts conversion if it would cause the holder to beneficially own more than 4.99% of the company.

Positive

  • None.

Negative

  • None.
Beneficially owned shares 191,571 shares Shares of common stock beneficially owned by each reporting person
Percent of class 5.45% Percentage of 60 Degrees Pharmaceuticals common stock class held by each reporting person
Series A Warrants held 191,571 Number of Series A Warrants held by each reporting person
Series B Warrants held 191,571 Number of Series B Warrants held by each reporting person
Beneficial ownership cap 4.99% Warrant conversion limited so holder cannot exceed 4.99% beneficial ownership
Sole voting power 191,571 shares Shares over which each reporting person has sole voting power
beneficial ownership financial
"the reporting person's beneficial ownership has been limited to 191,571 shares in the aggregate"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
sole dispositive power financial
"Sole Dispositive Power 191,571.00"
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.
Series A Warrants financial
"191,571 warrants to purchase shares of common stock (the "Series A Warrants")"
Series A warrants are financial tools that give the holder the right to buy shares of a company at a specific price within a certain period. They are often issued alongside investments to provide additional potential profit if the company's value increases. For investors, they can offer a chance to benefit from future growth without committing immediate capital to buying shares.
Series B Warrants financial
"191,571 warrants to purchase shares of common stock (the "Series B Warrants""
Series B warrants are contracts issued alongside a company's Series B financing that give the holder the right to buy a set number of shares at a fixed price within a specified time. For investors, they matter because they can provide leveraged upside if the company grows, or they can dilute existing shareholders when exercised—like a coupon promising a future share at a known price that can add value or change ownership stakes.
conversion limitations financial
"however, due to the conversion limitations on the Warrants, the reporting person's beneficial ownership"

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

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FAQ

What ownership stake in SXTP does Lind Global Fund III report on this Schedule 13G?

Lind Global Fund III reports beneficial ownership of 191,571 shares of 60 Degrees Pharmaceuticals common stock, representing 5.45% of the outstanding class, with sole voting and sole dispositive power over those shares according to the filing.

How are Lind Global Fund III’s holdings in SXTP structured?

The reporting person’s interest consists of 191,571 common shares, 191,571 Series A Warrants and 191,571 Series B Warrants. Because of warrant conversion limits, beneficial ownership is capped at 191,571 shares in the aggregate under the disclosure.

What conversion limitation applies to the SXTP warrants held by the reporting persons?

The warrants contain a provision that prevents conversions if doing so would cause the holder to beneficially own more than 4.99% of 60 Degrees Pharmaceuticals. This “conversion limitation” effectively caps the number of shares they can count as beneficially owned.

What voting and dispositive powers over SXTP shares are reported by Lind Global entities and Jeff Easton?

Each reporting person discloses sole voting power over 191,571 shares and sole dispositive power over 191,571 shares, with no shared voting or dispositive power, as set out in the ownership section of the Schedule 13G.





83006G500

(CUSIP Number)
07/31/2026

(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




Comment for Type of Reporting Person: (1) The reporting person's ownership consists of (i) 191,571 shares of common stock, (ii) 191,571 warrants to purchase shares of common stock (the "Series A Warrants"), and (iii) 191,571 warrants to purchase shares of common stock (the "Series B Warrants," together with the Series A Warrants, the "Warrants"); however, due to the conversion limitations on the Warrants, the reporting person's beneficial ownership has been limited to 191,571 shares in the aggregate. (2) The Warrants include a provision limiting the holder's ability to convert the Warrants if such conversion would cause the holder to beneficially own greater than 4.99% of the Company.


SCHEDULE 13G




Comment for Type of Reporting Person: (1) The reporting person's ownership consists of (i) 191,571 shares of common stock, (ii) 191,571 Series A Warrants, and (iii) 191,571 Series B Warrants; however, due to the conversion limitations on the Warrants, the reporting person's beneficial ownership has been limited to 191,571 shares in the aggregate. (2) The Warrants include a provision limiting the holder's ability to convert the Warrants if such conversion would cause the holder to beneficially own greater than 4.99% of the Company.


SCHEDULE 13G




Comment for Type of Reporting Person: 1) The reporting person's ownership consists of (i) 191,571 shares of common stock, (ii) 191,571 Series A Warrants, and (iii) 191,571 Series B Warrants; however, due to the conversion limitations on the Warrants, the reporting person's beneficial ownership has been limited to 191,571 shares in the aggregate. 2) The Warrants include a provision limiting the holder's ability to convert the Warrants if such conversion would cause the holder to beneficially own greater than 4.99% of the Company.


SCHEDULE 13G



Lind Global Fund III LP
Signature:Lind Global Partners III LLC, its General Partner
Name/Title:Jeff Easton, Managing Member
Date:08/05/2026
Lind Global Partners III LLC
Signature:Lind Global Partners III LLC
Name/Title:Jeff Easton, Managing Member
Date:08/05/2026
EASTON JEFF
Signature:Jeff Easton
Name/Title:Jeff Easton, Managing Member
Date:08/05/2026
Exhibit Information

Exhibit 99.1 - Joint Filing Agreement