60 Degrees Pharmaceuticals reports that CVI Investments, Inc. and Heights Capital Management, Inc. collectively beneficially own 197,911 shares, equal to 7.0% of its common stock. The filing states those shares "consist of Shares issuable upon the exercise of warrants to purchase Shares."
The company had 2,636,788 Shares outstanding as of March 30, 2026. Heights Capital Management is identified as the investment manager to CVI Investments and may exercise voting and dispositive power over the reported shares.
Positive
None.
Negative
None.
Insights
Reporting clarifies a 7.0% beneficial stake held via warrants and managed voting power.
The statement shows CVI Investments, Inc. and Heights Capital Management, Inc. together report beneficial ownership of 7.0% or 197,911 shares, with those shares noted as issuable upon exercise of warrants. This ties the position to derivative instruments rather than settled common stock.
Key dependencies include the March 30, 2026 outstanding share base of 2,636,788 Shares and the disclosed manager relationship; subsequent actions (exercises, transfers) will determine actual voting/ownership outcomes.
Filing is a routine Schedule 13G/A disclosing beneficial ownership and manager authority.
The filing explicitly states that Heights Capital Management "serves as the investment manager to CVI Investments, Inc." and that a Limited Power of Attorney authorizes Heights as agent. Signatures by Sarah Travis affirm the joint filing and agency relationship.
Disclosure notes the reported shares "consist of Shares issuable upon the exercise of warrants"; legal effects depend on warrant terms and any future exercises or amendments to voting arrangements.
Key Figures
Reported shares beneficially owned:197,911 sharesPercent of class:7.0%Shares outstanding:2,636,788 Shares
3 metrics
Reported shares beneficially owned197,911 sharesAmount reported on Schedule 13G/A
Percent of class7.0%Calculated based on outstanding shares as of March 30, 2026
Shares outstanding2,636,788 SharesCompany's Form 10-K reported as of <date>March 30, 2026</date>
Key Terms
warrants, beneficially own/beneficial ownership, Limited Power of Attorney
3 terms
warrantsfinancial
""consist of Shares issuable upon the exercise of warrants to purchase Shares.""
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
beneficially own/beneficial ownershipregulatory
""Amount beneficially owned: The information required by this Item 4(a) is set forth...""
Limited Power of Attorneylegal
""Heights Capital Management, Inc. serves as authorized agent of CVI Investments, Inc. pursuant to a Limited Power of Attorney""
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
60 Degrees Pharmaceuticals, Inc.
(Name of Issuer)
Common Stock, $0.0001 par value per share
(Title of Class of Securities)
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
CUSIP Number(s):
83006G500
1
Names of Reporting Persons
CVI Investments, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
197,911.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
197,911.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
197,911.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.0 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: With respect to Row 6 and Row 8 above, Heights Capital Management, Inc. is the investment manager to CVI Investments, Inc. and as such may exercise voting and dispositive power over the shares reported as beneficially owned by CVI Investments, Inc. herein.
SCHEDULE 13G
CUSIP Number(s):
83006G500
1
Names of Reporting Persons
Heights Capital Management, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
197,911.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
197,911.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
197,911.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.0 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: With respect to Row 6 and Row 8 above, Heights Capital Management, Inc. is the investment manager to CVI Investments, Inc. and as such may exercise voting and dispositive power over the shares reported as beneficially owned by CVI Investments, Inc. herein.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
60 Degrees Pharmaceuticals, Inc.
(b)
Address of issuer's principal executive offices:
1025 Connecticut Avenue NW, Suite 1000, Washington, DC 20036
Item 2.
(a)
Name of person filing:
This statement is filed by the entities listed below, who are collectively referred to herein as "Reporting Persons," with respect to the shares of common stock of 60 Degrees Pharmaceuticals, Inc. (the "Company"), $0.0001 par value per share (the "Shares").
(i) CVI Investments, Inc.
(ii) Heights Capital Management, Inc.
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of CVI Investments, Inc. is:
P.O. Box 309GT
Ugland House
South Church Street
George Town
Grand Cayman
KY1-1104
Cayman Islands
The address of the principal business office of Heights Capital Management, Inc. is:
101 California Street, Suite 3250
San Francisco, California 94111
(c)
Citizenship:
Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(d)
Title of class of securities:
Common Stock, $0.0001 par value per share
(e)
CUSIP No.:
83006G500
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by this Item 4(a) is set forth in Row 9 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
The number of Shares reported as beneficially owned consists of Shares issuable upon the exercise of warrants to purchase Shares.
The Company's Annual Report on Form 10-K, filed on March 30, 2026, indicates there were 2,636,788 Shares outstanding as of March 30, 2026.
(b)
Percent of class:
7.0 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by this Item 4(c)(i) is set forth in Row 5 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(ii) Shared power to vote or to direct the vote:
The information required by this Item 4(c)(ii) is set forth in Row 6 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
Heights Capital Management, Inc., which serves as the investment manager to CVI Investments, Inc., may be deemed to be the beneficial owner of all Shares owned by CVI Investments, Inc. Each of the Reporting Persons hereby disclaims any beneficial ownership of any such Shares, except for their pecuniary interest therein.
(iii) Sole power to dispose or to direct the disposition of:
The information required by this Item 4(c)(iii) is set forth in Row 7 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
The information required by this Item 4(c)(iv) is set forth in Row 8 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
Heights Capital Management, Inc., which serves as the investment manager to CVI Investments, Inc., may be deemed to be the beneficial owner of all Shares owned by CVI Investments, Inc. Each of the Reporting Persons hereby disclaims any beneficial ownership of any such Shares, except for their pecuniary interest therein.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
CVI Investments, Inc.
Signature:
/s/ Sarah Travis
Name/Title:
Sarah Travis, Assistant General Counsel and Assistant Secretary of Heights Capital Management, Inc.
Date:
05/13/2026
Heights Capital Management, Inc.
Signature:
/s/ Sarah Travis
Name/Title:
Sarah Travis, Assistant General Counsel and Assistant Secretary
Date:
05/13/2026
Comments accompanying signature: Heights Capital Management, Inc. serves as authorized agent of CVI Investments, Inc. pursuant to a Limited Power of Attorney, a copy of which was previously filed.
Exhibit Information
EXHIBIT INDEX
EXHIBIT DESCRIPTION
I Limited Power of Attorney*
II Joint Filing Agreement*
* Previously filed
What stake do CVI Investments and Heights Capital report in 60 Degrees (SXTP)?
They report beneficial ownership of 197,911 shares, representing 7.0% of common stock. The filing states these shares "consist of Shares issuable upon the exercise of warrants to purchase Shares."
Are the reported shares currently outstanding for 60 Degrees (SXTP)?
The filing links the reported position to warrants, not only currently outstanding shares. The company reported 2,636,788 Shares outstanding as of March 30, 2026, which the filing uses to calculate the 7.0% figure.
Who may exercise voting power over the reported shares?
Heights Capital Management is identified as the investment manager to CVI Investments and "may exercise voting and dispositive power" over the reported 197,911 shares, per the filing's cover-page comments.
Does the filing indicate any transfers or sales of shares?
No transfers or sales are described; the Schedule 13G/A discloses beneficial ownership and manager authority. The filing also references a previously filed Limited Power of Attorney and a Joint Filing Agreement.
