Intracoastal Capital Amends INVO Bioscience Stake

Ticker: IVF · Form: SC 13G/A · Filed: Feb 6, 2024 · CIK: 1417926

Invo Bioscience, INC. SC 13G/A Filing Summary
FieldDetail
CompanyInvo Bioscience, INC. (IVF)
Form TypeSC 13G/A
Filed DateFeb 6, 2024
Risk Levelmedium
Pages3
Reading Time4 min
Key Dollar Amounts$0.0001
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: institutional-ownership, amendment, beneficial-ownership

TL;DR

**Intracoastal Capital just updated its INVO Bioscience stake, watch for market reaction!**

AI Summary

Intracoastal Capital, LLC and its managing members, Mitchell P. Kopin and Daniel B. Asher, have filed an amended Schedule 13G/A for INVO Bioscience, Inc. as of December 31, 2023. This filing indicates a change in their beneficial ownership of INVO Bioscience's common stock, $0.0001 par value per share. While the specific change in ownership percentage isn't detailed in the provided text, the amendment signals that their previously reported stake has been altered, which is important for investors as it reflects a shift in a significant holder's position and could influence market sentiment or future corporate actions.

Why It Matters

This filing shows a notable investor, Intracoastal Capital, has changed its position in INVO Bioscience, which can signal their updated confidence in the company's future.

Risk Assessment

Risk Level: medium — The filing indicates a change in a significant holder's position, which could introduce volatility if the change is substantial.

Analyst Insight

Investors should monitor subsequent filings or news from Intracoastal Capital, LLC to understand the nature and magnitude of the change in their INVO Bioscience stake, as this could signal a shift in institutional confidence.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the purpose of this specific SC 13G/A filing?

This is an Amendment No. 1 to Schedule 13G, filed by Intracoastal Capital, LLC, Mitchell P. Kopin, and Daniel B. Asher, to update their beneficial ownership information regarding INVO Bioscience, Inc. as of December 31, 2023.

Who are the reporting persons identified in this filing?

The reporting persons identified are Intracoastal Capital, LLC, and group members Mitchell P. Kopin and Daniel B. Asher, as per the 'GROUP MEMBERS' and 'Names of Reporting Persons' sections.

What is the CUSIP number for the class of securities reported?

The CUSIP number for the Common Stock, $0.0001 par value per share, of INVO Bioscience, Inc. is 44984F401, as stated in the filing.

What was the date of the event that triggered this filing?

The date of the event which required the filing of this statement was December 31, 2023, as specified in the filing.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(c), as indicated by the checked box on the cover page of the filing.

Filing Stats: 951 words · 4 min read · ~3 pages · Grade level 7.6 · Accepted 2024-02-06 10:24:52

Key Financial Figures

Filing Documents

From the Filing

SC 13G/A 1 ea192884-13ga1intra_invo.htm AMENDMENT NO. 1 TO SCHEDULE 13G UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* INVO Bioscience, Inc. (Name of Issuer) Common Stock, $0.0001 par value per share (Title of Class of Securities) 44984F401 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: a. Rule 13d-1(b) b. Rule 13d-1(c) c. Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 6 CUSIP No. 44984F401 1. Names of Reporting Persons. Mitchell P. Kopin 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization United Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power 0 6. Shared Voting Power 184,000 7. Sole Dispositive Power 0 8. Shared Dispositive Power 184,000 9. Aggregate Amount Beneficially Owned by Each Reporting Person 184,000 (see Item 4) 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 6.9% (see Item 4) 12. Type of Reporting Person (See Instructions) IN; HC Page 2 of 6 CUSIP No. 44984F401 1. Names of Reporting Persons. Daniel B. Asher 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization United Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power 0 6. Shared Voting Power 184,000 7. Sole Dispositive Power 0 8. Shared Dispositive Power 184,000 9. Aggregate Amount Beneficially Owned by Each Reporting Person 184,000 (see Item 4) 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 6.9% (see Item 4) 12. Type of Reporting Person (See Instructions) IN; HC Page 3 of 6 CUSIP No. 44984F401 1. Names of Reporting Persons. Intracoastal Capital LLC 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power 0 6. Shared Voting Power 184,000 7. Sole Dispositive Power 0 8. Shared Dispositive Power 184,000 9. Aggregate Amount Beneficially Owned by Each Reporting Person 184,000 (see Item 4) 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 6.9% (see Item 4) 12. Type of Reporting Person (See Instructions) OO Page 4 of 6 This Amendment No. 1 is being filed jointly by the Reporting Persons and amends the Schedule 13G initially filed by the Reporting Persons with the Securities and Exchange Commission (the “ SEC ”) on August 11, 2023 (the “ Schedule 13G ”). Except as set forth below, all Items of the Schedule 13G remain unchanged. All capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Schedule 13G. Item 4. Ownership. (a) and (b): As of the close of business on December 31, 2023, each of the Reporting Persons may have been deemed to have beneficial ownership of 184,000 shares of Common Stock issuable upon exercise of a warrant held by Intracoastal (the “ Intracoastal Warrant ”), and all such shares of Common Stock in the aggregate represent beneficial 13, 2023 , as reported by the Issuer, plus (2) 184,000 shares of Common Stock issuable upon exercise of the Intracoastal Warrant. (c) Number of shares as to which each Reporting Person has: (i) Sole power to vote or to direct the vote: 0 . (ii) Shared power to vote or to direct the vote: 184,000 . (iii) Sole power to dispose or to direct the disposition of 0 . (iv) Shared power to dispose or to direct the disposition of 184,000 . Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effe

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