Investment Firm Takes Massive Stake in Vivos Therapeutics with $2.20 Warrant Rights
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Michael C. Skaff filed an initial Form 3 statement of beneficial ownership for Vivos Therapeutics (VVOS), reporting his position as a 10% owner. The filing details significant holdings through two investment vehicles:
Through V-CO Investors LLC:
- 514,498 shares of common stock
- Pre-Funded Warrant for 2,705,768 shares (exercise price: $0.0001, expires 2034)
- Common Stock Purchase Warrant for 3,220,266 shares (exercise price: $2.204, expires 2029)
Through V-Co Investors 2 LLC:
- 828,000 shares of common stock
- Pre-Funded Warrant for 725,258 shares (exercise price: $0.0001, expires 2035)
- Common Stock Purchase Warrant for 2,329,886 shares (exercise price: $2.23, expires 2030)
Skaff serves as Managing Director of SP Manager LLC, which manages both investment vehicles. He disclaims beneficial ownership except for his pecuniary interest.
Positive
- Significant 10% ownership position established through substantial holdings: combined direct ownership of 1,342,498 common shares through investment vehicles
- Large warrant position with potential ownership increase: rights to acquire additional 8,981,178 shares through various warrants, indicating strong commitment to the company
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Skaff Michael C
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Pre-Funded Warrant | -- | -- | -- |
| holding | Common Stock Purchase Warrant | -- | -- | -- |
| holding | Pre-Funded Warrant | -- | -- | -- |
| holding | Common Stock Purchase Warrant | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Pre-Funded Warrant — 2,705,768 shares (Indirect, By V-CO Investors LLC);
Common Stock Purchase Warrant — 3,220,266 shares (Indirect, By V-CO Investors LLC);
Common Stock — 514,498 shares (Indirect, By V-CO Investors LLC)
Footnotes (1)
- The Reporting Person serves as Managing Director of SP Manager LLC, the Manager of V-CO Investors LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The Reporting Person serves as Managing Director of SP Manager LLC, the Manager of V-Co Investors 2 LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The Pre-Funded Warrant has a term ending on the complete exercise of the Pre-Funded Warrant.
FAQ
What warrants does Michael Skaff hold in VVOS through V-CO Investors LLC?
Through V-CO Investors LLC, Skaff holds two types of warrants: 1) A Pre-Funded Warrant for 2,705,768 shares exercisable at $0.0001 expiring June 10, 2034, and 2) A Common Stock Purchase Warrant for 3,220,266 shares exercisable at $2.204 expiring June 10, 2029.
What is Michael Skaff's relationship to VVOS according to the Form 3?
According to the Form 3, Michael Skaff is a 10% Owner of VVOS. He serves as Managing Director of SP Manager LLC, which is the Manager of both V-CO Investors LLC and V-Co Investors 2 LLC.
When did Michael Skaff acquire his most recent VVOS warrants?
The most recent warrants were acquired on June 9, 2025 through V-Co Investors 2 LLC, consisting of a Pre-Funded Warrant for 725,258 shares (exercisable at $0.0001, expiring June 9, 2035) and a Common Stock Purchase Warrant for 2,329,886 shares (exercisable at $2.23, expiring June 9, 2030).
What is the total direct and indirect common stock ownership of VVOS reported by Michael Skaff?
Michael Skaff reports indirect ownership of 1,342,498 shares of VVOS common stock in total, with 514,498 shares held through V-CO Investors LLC and 828,000 shares held through V-Co Investors 2 LLC. He reports no direct ownership of shares.