AIGH Capital, Orin Hirschman Trim GSI Tech Stake to 3.3%

TL;DR

**AIGH Capital cut its GSI Tech stake to 3.3%, watch for potential bearish signal.**

AI Summary

AIGH Capital Management, LLC and Orin Hirschman have filed an amended SC 13G/A, indicating they beneficially own 835,560 shares of GSI Technology, Inc. (GSI) common stock as of December 31, 2023. This represents 3.3% of the company's outstanding shares, a decrease from their previous filing. This matters to investors because it shows a significant institutional holder has reduced their stake, which could signal a change in their outlook on GSI's future performance or valuation.

Why It Matters

This filing reveals a notable institutional investor, AIGH Capital Management, LLC, has reduced its ownership in GSI Technology, which could be interpreted as a loss of confidence or a strategic portfolio adjustment.

Risk Assessment

Risk Level: medium — A reduction in ownership by a significant institutional investor can signal potential concerns about the company's future, increasing investment risk.

Analyst Insight

A smart investor would investigate the reasons behind AIGH Capital Management's reduction in GSI Technology shares, potentially looking for any negative news or changes in company fundamentals that might have prompted this move, before making any investment decisions.

Key Numbers

• 835,560 — Shares Beneficially Owned (Total shares of GSI Technology common stock owned by AIGH Capital Management, LLC and Orin Hirschman.)
• 3.3% — Percent of Class (The percentage of GSI Technology's common stock beneficially owned by the reporting persons as of December 31, 2023.)
• 27-4413262 — IRS Identification No. (IRS number for AIGH Capital Management, LLC.)
• 36241U106 — CUSIP Number (Unique identification number for GSI Technology's common stock.)

Key Players & Entities

• AIGH Capital Management, LLC (company) — reporting person, beneficial owner of GSI Technology shares
• Orin Hirschman (person) — reporting person, associated with AIGH Capital Management, LLC
• GSI Technology, Inc. (company) — the issuer whose securities are being reported
• Maryland (company) — place of organization for AIGH Capital Management, LLC
• December 31, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• GSI Technology's stock price may experience downward pressure due to the reduced institutional ownership. (GSI Technology, Inc.) — medium confidence, target: Q1 2024
• Other institutional investors might re-evaluate their positions in GSI Technology following this filing. (GSI Technology, Inc.) — low confidence, target: Q1 2024

FAQ

Key Financial Figures

• $0.001 — Inc. (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class o

Filing Documents

• formsc13ga.htm (SC 13G/A) — 88KB
• 0001493152-24-000364.txt ( ) — 90KB

(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: 36241U106 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

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View this SC 13G/A filing on SEC EDGAR