AIGH Capital Management Holds 2.04M Shares of Apyx Medical
Ticker: APYX · Form: SC 13G/A · Filed: Feb 7, 2024 · CIK: 719135
| Field | Detail |
|---|---|
| Company | Apyx Medical Corp (APYX) |
| Form Type | SC 13G/A |
| Filed Date | Feb 7, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, equity-stake
TL;DR
**AIGH Capital Management still owns 2.04M shares of Apyx Medical, signaling continued institutional interest.**
AI Summary
AIGH Capital Management, LLC, a Maryland-based entity, filed an amended SC 13G/A on February 7, 2024, disclosing its beneficial ownership in Apyx Medical Corporation. As of December 31, 2023, AIGH Capital Management holds sole voting and dispositive power over 2,040,540 shares of Apyx Medical's common stock. This filing indicates a significant institutional stake, which can influence company decisions and potentially signal confidence to other investors.
Why It Matters
This filing shows a major institutional investor, AIGH Capital Management, maintains a substantial stake in Apyx Medical, which could be seen as a vote of confidence in the company's future.
Risk Assessment
Risk Level: low — This filing indicates a stable institutional ownership position, which generally reduces volatility and risk for other shareholders.
Analyst Insight
Investors should note the continued significant institutional ownership by AIGH Capital Management, LLC, which could imply a stable long-term outlook for Apyx Medical. This information might be used to validate existing investment theses or as a data point for further due diligence.
Key Numbers
- 2,040,540 — Shares Beneficially Owned (Represents the total number of Apyx Medical shares AIGH Capital Management, LLC has sole voting and dispositive power over as of December 31, 2023.)
- 0 — Shared Voting Power (Indicates AIGH Capital Management, LLC has no shared voting power over Apyx Medical shares.)
- 0 — Shared Dispositive Power (Indicates AIGH Capital Management, LLC has no shared dispositive power over Apyx Medical shares.)
- December 31, 2023 — Date of Event (The date as of which the beneficial ownership information was reported in the filing.)
- February 7, 2024 — Filing Date (The date this amended SC 13G/A was filed with the SEC.)
Key Players & Entities
- AIGH Capital Management, LLC (company) — reporting person and beneficial owner
- Apyx Medical Corporation (company) — subject company (issuer)
- Orin Hirschman (person) — filer of the SC 13G/A
- Maryland (company) — place of organization for AIGH Capital Management, LLC
- Clearwater, FL (company) — business address for Apyx Medical Corp
Forward-Looking Statements
- AIGH Capital Management, LLC will maintain a significant stake in Apyx Medical Corporation. (AIGH Capital Management, LLC) — medium confidence, target: Q2 2024
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person in this SC 13G/A filing is AIGH Capital Management, LLC, with Orin Hirschman also listed as a filer.
What is the total number of shares of Apyx Medical Corporation's common stock beneficially owned by the reporting person?
As of December 31, 2023, AIGH Capital Management, LLC beneficially owns 2,040,540 shares of Apyx Medical Corporation's common stock, over which it has sole voting and dispositive power.
What is the CUSIP number for Apyx Medical Corporation's common stock?
The CUSIP number for Apyx Medical Corporation's common stock is 03837C106, as stated on the cover page of the filing.
When was the event that required the filing of this statement?
The date of the event which required the filing of this statement was December 31, 2023, as indicated on the cover page.
Under which rule was this Schedule 13G/A filed?
This Schedule 13G/A was filed under Rule 13d-1(c), as indicated by the checked box on the cover page.
Filing Stats: 1,279 words · 5 min read · ~4 pages · Grade level 7.8 · Accepted 2024-02-07 18:55:18
Key Financial Figures
- $0.001 — TION (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class o
Filing Documents
- formsc13ga.htm (SC 13G/A) — 100KB
- 0001493152-24-005324.txt ( ) — 101KB
(a) above and Item 4 of each cover page
Item 2(a) above and Item 4 of each cover page. (d) Title of Class of Securities: Common Stock, $0.001 par value per share (e) CUSIP Number: 03837C106 ITEM 3: IF THIS STATEMENT IS FILED PURSUANT TO §§240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution, in accordance with §240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: ___________________________. ITEM 4: OWNERSHIP. See Item s 5,6,7,8 and 9 of each cover page. ITEM 5: OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ITEM 6: OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not applicable. ITEM 7: IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE