Poplar Point group discloses 9.94% TransAct (TACT) ownership in Schedule 13G/A
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
TransAct Technologies Inc. received an updated ownership report showing that Poplar Point Capital Management LLC, Poplar Point Capital Partners LP, Poplar Point Capital GP LLC, and Jad Fakhry together beneficially own 1,005,229 shares of its common stock, representing 9.94% of the outstanding class.
The group reports shared voting and dispositive power over all these shares and no sole power. They certify the position is held in the ordinary course of business and not for the purpose of changing or influencing control of TransAct Technologies.
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FAQ
What ownership stake in TACT is reported in this Schedule 13G/A amendment?
The filing reports that the reporting group beneficially owns 1,005,229 shares of TransAct Technologies common stock, representing 9.94% of the class. This reflects a significant but non-controlling stake, requiring public disclosure under SEC beneficial ownership rules.
Who are the reporting persons in the TACT Schedule 13G/A filing?
The reporting persons are Poplar Point Capital Management LLC, Poplar Point Capital Partners LP, Poplar Point Capital GP LLC, and Jad Fakhry. They file jointly as a group, with Poplar Point entities organized in Delaware and Fakhry a United States citizen.
Does the Poplar Point group have control over TACT according to this filing?
The group explicitly certifies the securities were acquired and are held in the ordinary course of business and not for changing or influencing control of TransAct Technologies. They also state the holdings are not tied to any control-related transaction, aside from certain nomination activities.
Why did Poplar Point Capital need to file a Schedule 13G/A for TACT?
A Schedule 13G/A is required when investors hold more than 5% of a public company’s stock and qualify for a short-form, usually passive, ownership report. Here, the Poplar Point group reports a 9.94% stake in TransAct Technologies common stock as of the event date.
What is the event date for the ownership reported in the TACT Schedule 13G/A?
The event date that triggered this ownership report is December 31, 2025. As of that date, the Poplar Point group collectively held 1,005,229 shares of TransAct Technologies common stock, equal to 9.94% of the issuer’s outstanding common shares.