Manchester Management PR Cuts SANUWAVE Voting Power to 36 Shares

TL;DR

**Manchester Management PR's voting power in SANUWAVE just dropped to 36 shares, a huge change!**

AI Summary

Manchester Management PR, LLC, a Puerto Rico-based entity, has filed an Amendment No. 8 to its Schedule 13D, indicating a significant change in its beneficial ownership of SANUWAVE Health, Inc. common stock. As of January 12, 2023, Manchester Management PR, LLC now reports shared voting power over 36 shares, a substantial decrease from previous filings where they held sole voting power over a much larger number of shares. This change suggests a reduction in their influence or a restructuring of their holdings, which could impact the stock's perceived stability and investor confidence.

Why It Matters

This filing shows a major reduction in a key investor's voting power, potentially signaling a loss of confidence or a strategic shift that could affect SANUWAVE's stock price and future governance.

Risk Assessment

Risk Level: medium — A significant reduction in a major shareholder's voting power can indicate a lack of confidence or a strategic divestment, potentially leading to stock price volatility.

Analyst Insight

Investors should investigate the reasons behind Manchester Management PR, LLC's drastic reduction in voting power and assess potential impacts on SANUWAVE's governance and future strategic direction before making investment decisions.

Key Numbers

• 36 — Shared Voting Power (Number of shares Manchester Management PR, LLC now has shared voting power over.)
• 80303D107 — CUSIP Number (Identifier for SANUWAVE Health, Inc. common stock.)
• January 12, 2023 — Date of Event (The date that triggered the filing of this amendment.)

Key Players & Entities

• Manchester Management PR, LLC (company) — the reporting person reducing its beneficial ownership
• SANUWAVE Health, Inc. (company) — the issuer of the common stock
• James E. Besser (person) — person authorized to receive notices for Manchester Management Company, LLC
• $0.001 (dollar_amount) — par value of SANUWAVE Health, Inc. common stock

Forward-Looking Statements

• SANUWAVE Health, Inc. stock may experience increased volatility due to the significant reduction in a major holder's voting power. (SANUWAVE Health, Inc.) — medium confidence, target: Q1 2024
• Other institutional investors might re-evaluate their positions in SANUWAVE Health, Inc. following this disclosure. (SANUWAVE Health, Inc.) — low confidence, target: Q1 2024

FAQ

Key Financial Figures

• $0.001 — e of Issuer) Common Stock, p ar value $0.001 (Title of Class of Securities) 8030
• $0 — relating to the Common Stock, par value $0.001, of Sanuwave Health, Inc. shall be
• $0.067 — Stock, par value $0.001 2,500,000(2) $0.067 12/30/2023 Warrants to purchase Comm
• $0.04 — Stock, par value $0.001 2,500,000(2) $0.04 (1) The Reporting Persons are entitle

Filing Documents

• d10936210_13d-a.htm (SC 13D/A) — 141KB
• 0000919574-24-000366.txt ( ) — 143KB

From the Filing

SC 13D/A 1 d10936210_13d-a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 8)* Sanuwave Health, Inc. (Name of Issuer) Common Stock, p ar value $0.001 (Title of Class of Securities) 80303D107 (CUSIP Number) James E. Besser c/o Manchester Management Company, LLC 2 Calle Candina, #1701 San Juan, Puerto Rico, 00907 Telephone Number: (617) 399-1741 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 12, 2023 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [X]. * 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 disclosures provided in a prior cover page. CUSIP No. 80303D107 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Manchester Management PR, LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] 3. SEC USE ONLY 4. SOURCE OF FUNDS AF 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] 6. CITIZENSHIP OR PLACE OF ORGANIZATION Puerto Rico NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 366,879,125 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 366,879,125 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 366,879,125 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.88% 14. TYPE OF REPORTING PERSON IA CUSIP No. 80303D107 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Manchester Explorer, L.P. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 332,879,125 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 332,879,125 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 332,879,125 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 26.62% 14. TYPE OF REPORTING PERSON PN CUSIP No. 80303D107 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Manchester Management Company, LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] 3. SEC USE ONLY 4. SOURCE OF FUNDS AF 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 366,879,125 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 366,879,125 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 366,879,125 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.88% 14. TYPE OF REPORTING PERSON OO CUSIP No. 80303D107 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) James E. Besser 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] 3. SEC USE ONLY 4. SOURCE OF FUNDS AF 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] 6. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON 7. SOLE VOTING POWER 2,250,000 8. SHARED VOTING POWER 366,879,125 9. SOLE DISPOSITIVE POWER 2,250,000 10. SHARED DISPOSITIVE POWER 366,879,125 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 369,129,125 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.05% 14. TYPE OF REPORTING PERSON IN CUSIP No. 80303D107 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Morgan C. Frank 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (

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