STOCK TITAN

60 Degrees reports shared 9.1% stake (SXTP) from warrants and holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

60 Degrees Pharmaceuticals reports beneficial ownership disclosure showing 263,158 shares of Common Stock (approximately 9.1%) attributable collectively to Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC as of the close of business on March 31, 2026.

The filing states the 263,158 shares reflect 131,579 shares issuable upon exercise of each of two warrants held by Intracoastal and is calculated using 2,636,788 shares outstanding as of March 30, 2026. The filing also explains multiple additional warrants contain blocker provisions that limit exercise to avoid exceeding 4.99% ownership; without those blockers, beneficial ownership would be 307,543 shares.

Positive

  • None.

Negative

  • None.

Insights

Disclosure clarifies group ownership, exercise limits, and voting/dispositive shared power.

The filing attributes shared voting and dispositive power over 263,158 shares to the Reporting Persons and details how warrant exercise and blocker provisions affect beneficial ownership calculations. The disclosure ties the percentage to a specified outstanding share count (March 30, 2026).

Key dependency is the blocker provisions in certain warrants that cap exercise to avoid >4.99% ownership; subsequent amendments or exercises will change the disclosed percentages and should appear in future ownership filings.

This is a position-reporting amendment focused on potential dilution from warrants.

The filing lists two warrants exercisable into 131,579 shares each counted in the 263,158-share figure and additional warrants excluded due to blocker provisions. It quantifies outstanding shares as 2,636,788 for the percentage calculation.

Practical effects depend on whether warrants are exercised and on the blocker mechanics; subsequent Forms will reflect any exercises, conversions, or changes in outstanding shares.

Beneficially owned shares 263,158 shares as of March 31, 2026
Percent of class 9.1% based on 2,636,788 shares outstanding as of March 30, 2026
Outstanding shares used 2,636,788 shares as of March 30, 2026
Warrants counted (two) 131,579 shares each Intracoastal Warrant 1 and Intracoastal Warrant 2
Potential ownership without blockers 307,543 shares hypothetical if blocker provisions did not apply
Excluded warrant examples 25,465 shares; 18,794 shares; 42 shares each amounts excluded due to blocker provisions for several warrants
blocker provision regulatory
"because Intracoastal Warrant 3 contains a blocker provision under which the holder thereof does not have the right to exercise"
beneficial ownership financial
"may have been deemed to have beneficial ownership of 263,158 shares of Common Stock"
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.
warrant financial
"131,579 shares of Common Stock issuable upon exercise of a warrant held by Intracoastal"
A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.





83006G500

(CUSIP Number)
03/31/2026

(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





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Mitchell P. Kopin
Signature:/s/ Mitchell P. Kopin
Name/Title:Mitchell P. Kopin
Date:05/13/2026
Daniel B. Asher
Signature:/s/ Daniel B. Asher
Name/Title:Daniel B. Asher
Date:05/13/2026
Intracoastal Capital LLC
Signature:/s/ Mitchell P. Kopin
Name/Title:Mitchell P. Kopin, Manager
Date:05/13/2026

FAQ

What stake does 60 Degrees (SXTP) report for the reporting group?

The filing reports 263,158 shares, equal to about 9.1% of common stock, attributable to the reporting persons as of March 31, 2026. This figure includes two warrants exercisable into 131,579 shares each.

How was the 9.1% ownership percentage calculated for SXTP?

The percentage uses 2,636,788 shares outstanding as of March 30, 2026 plus the 131,579 shares issuable from each of the two counted warrants, per the filing's arithmetic.

Do any warrants include limits that affect ownership for SXTP?

Yes. Several warrants contain a blocker provision preventing exercise to the extent it would result in beneficial ownership exceeding 4.99%, and those warrants were excluded from the 263,158 count.

What would the reporting group's ownership be without the blocker provisions?

The filing states that without the blocker provisions the Reporting Persons may have been deemed to own 307,543 shares of common stock.

Who are the Reporting Persons named in the amendment for SXTP?

The amendment is filed on behalf of Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC, with shared voting and dispositive power reported for the 263,158 shares.