AIGH Capital Management Discloses 9.9% Stake in Elutia, Inc.

TL;DR

**AIGH Capital Management now owns 9.9% of Elutia, Inc. stock.**

AI Summary

AIGH Capital Management, LLC, a Maryland-based entity, filed an amended Schedule 13G/A on February 7, 2024, indicating a change in its beneficial ownership of Elutia, Inc. (formerly Aziyo Biologics, Inc.) Class A Common Stock. As of January 25, 2024, AIGH Capital Management beneficially owns 1,886,556 shares, representing 9.9% of the company's outstanding stock. This filing is important for investors as it shows a significant institutional holder's updated stake, which can influence stock perception and trading activity.

Why It Matters

This filing reveals a major institutional investor's updated ownership, signaling their continued interest and potentially influencing other investors' perceptions of Elutia, Inc.'s stock.

Risk Assessment

Risk Level: low — This filing is an update to an existing ownership stake, not a new position or a significant divestment, indicating stability.

Analyst Insight

Investors should note this significant institutional ownership and consider it when evaluating Elutia, Inc.'s stability and potential for future institutional interest. While not a direct buy signal, it indicates a major player sees value.

Key Numbers

• 1,886,556 — Shares Beneficially Owned (Represents the total number of Elutia, Inc. Class A Common Stock shares AIGH Capital Management, LLC holds.)
• 9.9% — Percentage of Class A Common Stock (Indicates the significant stake AIGH Capital Management, LLC has in Elutia, Inc.)
• January 25, 2024 — Date of Event (The specific date when the ownership change occurred that triggered this filing.)

Key Players & Entities

• AIGH Capital Management, LLC (company) — the reporting person beneficially owning shares of Elutia, Inc.
• Elutia, Inc. (company) — the issuer of the Class A Common Stock
• 1,886,556 (dollar_amount) — the aggregate number of shares beneficially owned by AIGH Capital Management, LLC
• 9.9% (dollar_amount) — the percentage of Class A Common Stock beneficially owned by AIGH Capital Management, LLC
• January 25, 2024 (date) — the date of the event which required this filing

Forward-Looking Statements

• AIGH Capital Management, LLC will maintain its significant stake in Elutia, Inc. for the foreseeable future. (AIGH Capital Management, LLC) — medium confidence, target: 2025-02-07

FAQ

Key Financial Figures

• $0.01 — f Securities: Common Stock, par value $0.01 per share (e) CUSIP Number: 05479K1

Filing Documents

• formsc13ga.htm (SC 13G/A) — 89KB
• 0001493152-24-005329.txt ( ) — 91KB

(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, par value $0.01 per share (e) CUSIP Number: 05479K106 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 S

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