Lind Global Fund II LP Discloses Significant Stake in Sintx Technologies
Ticker: SINT · Form: SC 13G · Filed: Feb 7, 2024 · CIK: 1269026
| Field | Detail |
|---|---|
| Company | Sintx Technologies, Inc. (SINT) |
| Form Type | SC 13G |
| Filed Date | Feb 7, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, insider-buy, investment-fund, amendment
TL;DR
**Lind Global Fund II LP just revealed a big stake in SINT, watch for potential upside!**
AI Summary
Lind Global Fund II LP, a New York-based investment fund, reported on February 7, 2024, that it holds a significant stake in Sintx Technologies, Inc. (NASDAQ: SINT), a medical instruments company. This SC 13G filing, an amendment to a previous filing, indicates that Lind Global Fund II LP, along with its group members like JEFF EASTON and LIND GLOBAL PARTNERS II LLC, has acquired a substantial ownership position in Sintx Technologies, Inc. This matters to investors because a large institutional investor taking a significant stake can signal confidence in the company's future, potentially influencing stock price and future strategic decisions.
Why It Matters
A major investment fund taking a large position can be seen as a vote of confidence, potentially attracting other investors and impacting the stock's perceived value.
Risk Assessment
Risk Level: low — This filing indicates a significant institutional investment, which generally reduces risk by signaling external confidence in the company.
Analyst Insight
Smart investors should research Sintx Technologies, Inc. further, considering this new institutional backing as a potential positive signal, but also evaluating the company's fundamentals and future prospects.
Key Players & Entities
- Lind Global Fund II LP (company) — filer of the SC 13G, a significant investor in Sintx Technologies, Inc.
- Sintx Technologies, Inc. (company) — the subject company in which Lind Global Fund II LP has invested
- JEFF EASTON (person) — a group member associated with Lind Global Fund II LP
- LIND GLOBAL PARTNERS II LLC (company) — a group member associated with Lind Global Fund II LP
- $0.01 (dollar_amount) — par value per share of Sintx Technologies, Inc. Common Stock
Forward-Looking Statements
- Sintx Technologies, Inc. (SINT) may experience increased investor interest due to the disclosed institutional ownership. (Sintx Technologies, Inc.) — medium confidence, target: Q2 2024
- Lind Global Fund II LP may seek to influence strategic decisions at Sintx Technologies, Inc. given their significant stake. (Lind Global Fund II LP) — low confidence, target: Q3 2024
FAQ
What type of filing is this document?
This document is an SC 13G filing, specifically an Amendment No. 1, filed under the Securities Exchange Act of 1934.
Who is the subject company of this filing?
The subject company is Sintx Technologies, Inc., with a CUSIP Number of 829392604 and a par value of $0.01 per share for its Common Stock.
Who is the filer of this SC 13G?
The filer of this SC 13G is Lind Global Fund II LP, located at 444 Madison Avenue, 41st Floor, New York, NY 10022.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was February 2, 2024.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(c) of the Securities Exchange Act of 1934.
Filing Stats: 1,482 words · 6 min read · ~5 pages · Grade level 11.1 · Accepted 2024-02-07 16:42:32
Key Financial Figures
- $0.01 — ame of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie
Filing Documents
- sch13g.htm (SC 13G) — 65KB
- exhibit99-1.htm (EX-99.1) — 7KB
- 0000929638-24-000396.txt ( ) — 74KB
Ownership of Five Percent or Less of a Class
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
Ownership of More than Five Percent on Behalf of Another Person
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 Security Being Reported on By the Parent Holding Company Not applicable. Item 8. Identification and Classification of Members of the Group Not applicable. Item 9. Notice of Dissolution of Group Not Applicable. 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 effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Exhibits Exhibit 99.1 Joint Filing Agreement by and among the Reporting Persons. 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. February 7, 2024 LIND GLOBAL FUND II LP By: Lind Global Partners II LLC its General Partner By: /s/ Jeff Easton Name: Jeff Easton Title: Managing Member LIND GLOBAL PARTNERS II LLC By: /s/ Jeff Easton Name: Jeff Easton Title: Managing Member JEFF EASTON By: /s/ Jeff Easton