Leaf Huang Discloses 555,556 Shares of Lipella Pharma Stock
Ticker: LIPO · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 1347242
| Field | Detail |
|---|---|
| Company | Lipella Pharmaceuticals Inc. (LIPO) |
| Form Type | SC 13G/A |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, amendment, pharmaceuticals
TL;DR
**Leaf Huang owns 555,556 shares of Lipella Pharma, showing a notable individual stake.**
AI Summary
Leaf Huang, a U.S. citizen, filed an amended SC 13G/A on January 25, 2024, disclosing his beneficial ownership of 555,556 shares of Lipella Pharmaceuticals Inc. common stock as of December 31, 2023. This filing indicates that Huang holds sole voting and sole dispositive power over these shares, which represents a significant individual stake in the pharmaceutical company. This matters to investors as it provides transparency into a key individual's substantial ownership, potentially signaling confidence or influence within the company.
Why It Matters
This filing reveals a significant individual shareholder's stake, which can influence corporate governance and signal insider confidence or potential future actions.
Risk Assessment
Risk Level: low — This filing is an amendment to a previous disclosure, providing updated ownership information rather than indicating a new, volatile event.
Analyst Insight
Investors should note Leaf Huang's substantial individual ownership of 555,556 shares in Lipella Pharmaceuticals Inc. as of December 31, 2023, as this could indicate a long-term commitment or influence, and monitor future filings for changes in this position.
Key Numbers
- 555,556 — Shares Beneficially Owned (Total shares of Lipella Pharmaceuticals Inc. common stock owned by Leaf Huang)
- $0.0001 — Par Value per Share (The nominal value of Lipella Pharmaceuticals Inc. common stock)
- December 31, 2023 — Date of Event (The date as of which the ownership information is reported)
Key Players & Entities
- Leaf Huang (person) — reporting person and beneficial owner
- Lipella Pharmaceuticals Inc. (company) — the issuer of the securities
- United States (company) — citizenship of Leaf Huang
Forward-Looking Statements
- Leaf Huang will maintain a significant ownership stake in Lipella Pharmaceuticals Inc. (Leaf Huang) — medium confidence, target: December 31, 2024
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person in this SC 13G/A filing is Leaf Huang, as stated under 'NAMES OF REPORTING PERSONS' on page 2.
What is the name of the issuer whose securities are being reported?
The name of the issuer is Lipella Pharmaceuticals Inc., as identified under 'Name of Issuer' on page 1 of the filing.
How many shares of common stock does Leaf Huang beneficially own, according to this filing?
Leaf Huang beneficially owns 555,556 shares of common stock, as reported under 'AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON' on page 2.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock, par value $0.0001 per share, is 53630L100, as listed on page 1 and 2 of the filing.
What is the date of the event that required this filing?
The date of the event which required the filing of this statement is December 31, 2023, as specified on page 1 of the filing.
Filing Stats: 801 words · 3 min read · ~3 pages · Grade level 7.5 · Accepted 2024-01-25 16:06:45
Key Financial Figures
- $0.0001 — ame of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securitie
Filing Documents
- g083979_sch13ga.htm (SC 13G/A) — 29KB
- 0001753926-24-000158.txt ( ) — 30KB
Names of Persons Filing
Item 2. Names of Persons Filing: (a) Name of Person Filing: Leaf Huang (the “Reporting Person”) (b) Address of Principal Business Office or, if none, Residence: 4201 Branchwood Dr. Durham, NC 27705 (c) Citizenship: United States of America (d) Title of Class of Securities: Common stock, par value $0.0001 per share, of the Issuer (e) CUSIP Number: 53630L100 CUSIP No. 53630L100 13G Page 4 of 6 Pages
If This Statement is Filed Pursuant to §§240.13d-1(b)
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: Not applicable.
Ownership
Item 4. Ownership. (a) Amount beneficially owned: 555,556 (b) Percent of class: 9.6% (c) Number of shares as to which the Reporting Person has: a. Sole power to vote or to direct the vote: 555,556 b. Shared power to vote or to direct the vote : 0 c. Sole power to dispose or direct the disposition of: 555,556 d. Shared power to dispose or direct the disposition: 0
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class. Not applicable.
Ownership of More than Five Percent on Behalf of
Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. CUSIP No. 53630L100 13G Page 5 of 6 Pages
Identification and Classification of the Subsidiary
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not applicable.
Identification and Classification of Members of the
Item 8. Identification and Classification of Members of the Group. Not applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group. Not applicable.
Certification
Item 10. Certification. Not applicable. CUSIP No. 53630L100 13G Page 6 of 6 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: January 25, 2024 /s/ Leaf Huang Name: Leaf Huang