Lind Global Fund II discloses 6.62% Tenax (TENX) position through capped warrants
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.
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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
The warrants cannot be exercised if doing so would push the reporting persons’ beneficial ownership above