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Lind Global Fund II discloses 6.62% Tenax (TENX) position through capped warrants

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

Rhea-AI Filing Summary

Lind Global Fund II LP and related reporting persons disclose a passive stake in Tenax Therapeutics, Inc. They report beneficial ownership of 442,480 warrants to purchase common stock, representing 6.62% of Tenax’s common stock. The warrants are subject to a 9.9% beneficial ownership cap on exercise.

Lind Global Partners II LLC, as general partner of Lind Global Fund II LP, and Jeff Easton, as managing member of Lind Global Partners II LLC, may each be deemed to have sole voting and dispositive power over these securities. The reporting persons certify the holdings are not for the purpose of changing or influencing control of Tenax.

Positive

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Negative

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Insights

Passive holder reports 6.62% Tenax stake via capped warrants.

The filing shows Lind Global Fund II LP and its affiliates beneficially owning 442,480 warrants linked to Tenax Therapeutics common stock, equating to 6.62% of the class. These are derivative securities, not currently outstanding shares, but they count toward ownership under SEC rules.

The warrants cannot be exercised if doing so would push the reporting persons’ beneficial ownership above 9.9%, limiting potential concentration. The group also certifies a passive intent, stating the holdings are not for changing or influencing control. This looks like a standard institutional position disclosure rather than a control transaction.






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)






SCHEDULE 13G




Comment for Type of Reporting Person: The reporting person's ownership consists of 442,480 warrants to purchase shares of common stock (the "Warrants"). Such Warrants may not be exercised if, following such exercise, the reporting person's beneficial ownership would exceed 9.9%.


SCHEDULE 13G




Comment for Type of Reporting Person: The reporting person's ownership consists of 442,480 Warrants. Such Warrants may not be exercised if, following such exercise, the reporting person's beneficial ownership would exceed 9.9%.


SCHEDULE 13G




Comment for Type of Reporting Person: The reporting person's ownership consists of 442,480 Warrants. Such Warrants may not be exercised if, following such exercise, the reporting person's beneficial ownership would exceed 9.9%.


SCHEDULE 13G



Lind Global Fund II LP
Signature:By: Lind Global Partners II LLC, its General Partner, By: /s/ Jeff Easton
Name/Title:Jeff Easton, Managing Member
Date:02/17/2026
Lind Global Partners II LLC
Signature:/s/ Jeff Easton
Name/Title:Jeff Easton, Managing Member
Date:02/17/2026
EASTON JEFF
Signature:/s/ Jeff Easton
Name/Title:Jeff Easton
Date:02/17/2025

FAQ

What stake in Tenax Therapeutics (TENX) is reported in this Schedule 13G/A?

The reporting persons disclose beneficial ownership of 442,480 warrants tied to Tenax Therapeutics common stock, representing 6.62% of the outstanding common shares. This reflects a significant institutional position exceeding the 5% reporting threshold for passive investors.

Who are the reporting persons in the Tenax Therapeutics (TENX) Schedule 13G/A?

The filing lists Lind Global Fund II LP, Lind Global Partners II LLC, and Jeff Easton as the reporting persons. Lind Global Partners II LLC is the fund’s general partner, and Jeff Easton is its managing member, giving them deemed voting and dispositive power over the securities.

What type of Tenax Therapeutics (TENX) securities are held by the reporting persons?

The reported beneficial ownership consists of 442,480 warrants to purchase Tenax Therapeutics common stock. These derivative securities give the right to acquire common shares but include contractual limits on exercise to control overall beneficial ownership levels.

What percentage of Tenax Therapeutics (TENX) does the 442,480 warrants represent?

The 442,480 warrants are reported as representing 6.62% of Tenax Therapeutics’ common stock. This percentage is calculated under SEC beneficial ownership rules and reflects the size of the position relative to the company’s outstanding common shares.

Is there a cap on how much Tenax Therapeutics (TENX) the reporting persons can beneficially own?

Yes. The warrants may not be exercised if, after exercise, the reporting persons’ beneficial ownership would exceed 9.9% of Tenax’s common stock. This cap helps prevent the investors from crossing a higher ownership threshold through warrant exercises.

Do the reporting persons seek to influence control of Tenax Therapeutics (TENX)?

The filing includes a certification that the securities were not acquired and are not held for the purpose of changing or influencing control of Tenax. They are reported under a passive Schedule 13G framework rather than an activist or control-oriented Schedule 13D.
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