Cruden Ups Stake in PetVivo Holdings to 9.4%
Ticker: PETVW · Form: SC 13D/A · Filed: May 30, 2024 · CIK: 1512922
| Field | Detail |
|---|---|
| Company | Petvivo Holdings, Inc. (PETVW) |
| Form Type | SC 13D/A |
| Filed Date | May 30, 2024 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: insider-filing, ownership-update, schedule-13d
Related Tickers: PETV
TL;DR
Cruden now owns 9.4% of PetVivo Holdings after filing an amendment.
AI Summary
Stanley C. Cruden filed an amendment to Schedule 13D on May 30, 2024, reporting beneficial ownership of 1,653,223 shares of PetVivo Holdings, Inc. common stock, representing 9.4% of the class. This filing updates his previous disclosures regarding his holdings in the company.
Why It Matters
This filing indicates a significant ownership stake by Stanley C. Cruden, which could influence company strategy or future corporate actions.
Risk Assessment
Risk Level: medium — Significant insider ownership can sometimes precede major corporate events or signal confidence, but also carries risks if the insider's strategy diverges from other shareholders.
Key Numbers
- 1,653,223 — Shares Owned (Beneficial ownership reported by Stanley C. Cruden.)
- 9.4% — Ownership Percentage (Represents Stanley C. Cruden's stake in PetVivo Holdings, Inc.)
Key Players & Entities
- Stanley C. Cruden (person) — Reporting Person
- PetVivo Holdings, Inc. (company) — Subject Company
- 1,653,223 (dollar_amount) — Shares Beneficially Owned
- 9.4% (dollar_amount) — Percentage of Class Owned
FAQ
What is the primary purpose of this SC 13D/A filing?
This filing is an amendment to a Schedule 13D, updating the beneficial ownership information for Stanley C. Cruden regarding his holdings in PetVivo Holdings, Inc.
How many shares does Stanley C. Cruden beneficially own in PetVivo Holdings, Inc. as of this filing?
Stanley C. Cruden beneficially owns 1,653,223 shares of PetVivo Holdings, Inc. common stock.
What percentage of PetVivo Holdings, Inc. common stock does Stanley C. Cruden own?
Stanley C. Cruden owns 9.4% of the class of securities (common stock) of PetVivo Holdings, Inc.
When was the event that required this filing to be made?
The date of the event which requires filing of this statement is May 25, 2024.
Is Stanley C. Cruden part of a group for reporting purposes?
No, the filing explicitly states 'MEMBER OF A GROUP? N/A'.
Filing Details
This Form SC 13D/A (Form SC 13D/A) was filed with the SEC on May 30, 2024 by Stanley C. Cruden regarding PetVivo Holdings, Inc. (PETVW).