Form 3: TAOX Director Robert Ephron Reports No Beneficial Ownership
Rhea-AI Filing Summary
Robert Ephron, identified as a director of TAO Synergies Inc. (TAOX), submitted an initial Form 3 reporting that he does not beneficially own any securities of the issuer. The filing lists his address and confirms the Form 3 is filed by one reporting person. No non-derivative or derivative holdings are reported on the form.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine initial Form 3 shows a director reports no beneficial ownership of company securities.
The filing is an initial disclosure from a company director and explicitly states no securities are beneficially owned by the reporting person. As presented, the document contains no transaction, ownership amount, or derivative positions to analyze. The disclosure is procedural and provides no quantitative impacts on capitalization or shareholder structure because no holdings are reported.
TL;DR: Governance disclosure confirms a director has filed required initial ownership paperwork and reports zero holdings.
The Form 3 identifies the reporting person as a director and records an initial statement of beneficial ownership with the statement that no securities are beneficially owned. The form contains standard administrative fields (name, address, single filer) and no entries in Tables I or II. There are no governance-related transactions or changes documented within this filing.