Manchester Management Amends SANUWAVE Health Stake
Ticker: SNWV · Form: SC 13D/A · Filed: Oct 22, 2024 · CIK: 1417663
| Field | Detail |
|---|---|
| Company | Sanuwave Health, Inc. (SNWV) |
| Form Type | SC 13D/A |
| Filed Date | Oct 22, 2024 |
| Risk Level | medium |
| Pages | 13 |
| Reading Time | 16 min |
| Key Dollar Amounts | $0.001, $15.00, $0.04, $25.13, $0.067 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 13D-A, ownership-change, filing-amendment
Related Tickers: SNWV
TL;DR
Manchester Management just updated their SANUWAVE Health filing - something's up with their stake.
AI Summary
Manchester Management Co LLC, through James E. Besser, has amended its Schedule 13D filing for SANUWAVE Health, Inc. as of October 22, 2024. The filing indicates a change in the beneficial ownership of the company's common stock. The specific details of the change in ownership percentage or number of shares are not explicitly stated in this excerpt, but the amendment suggests a material event has occurred regarding Manchester Management's stake.
Why It Matters
This amendment signals a potential shift in control or significant investment activity by a major shareholder in SANUWAVE Health, Inc., which could impact the company's stock price and strategic direction.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in beneficial ownership, which can lead to increased stock volatility.
Key Players & Entities
- SANUWAVE Health, Inc. (company) — Subject Company
- Manchester Management Co LLC (company) — Filing Person
- James E. Besser (person) — Authorized to Receive Notices
FAQ
What specific change in beneficial ownership is reported in this SC 13D/A filing?
This excerpt does not specify the exact change in beneficial ownership percentage or number of shares, only that an amendment has been filed.
Who is the filing person making the amendment?
The filing person is Manchester Management Co LLC.
Who is authorized to receive notices for this filing?
James E. Besser, c/o Manchester Management Company, LLC, is authorized to receive notices.
What is the CUSIP number for SANUWAVE Health, Inc. common stock?
The CUSIP number for SANUWAVE Health, Inc. Common Stock is 80303D107.
What was the date of the event requiring this filing amendment?
The date of the event which requires filing of this statement is October 18, 2024.
Filing Stats: 3,935 words · 16 min read · ~13 pages · Grade level 8.2 · Accepted 2024-10-22 21:58:10
Key Financial Figures
- $0.001 — me of Issuer) Common Stock, par value $0.001 (Title of Class of Securities) 8030
- $15.00 — r the terms of the Note) into Shares at $15.00 per share, (ii) each Warrant with an ex
- $0.04 — ercise price of $15.00 per share (i.e., $0.04 prior to the Reverse Stock Split) was e
- $25.13 — each Warrant with an exercise price of $25.13 per share (i.e., $0.067 prior to the Re
- $0.067 — ercise price of $25.13 per share (i.e., $0.067 prior to the Reverse Stock Split) was e
- $8.25 — er in a private placement at a price of $8.25 per Share (the “Private Placement
- $0 — relating to the Common Stock, par value $0.001, of Sanuwave Health, Inc. shall be
Filing Documents
- d11506562_13d-a.htm (SC 13D/A) — 193KB
- 0000919574-24-005973.txt ( ) — 195KB
From the Filing
SC 13D/A 1 d11506562_13d-a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 10)* Sanuwave Health, Inc. (Name of Issuer) Common Stock, par 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) October 18, 2024 (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 1,090,789 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 1,090,789 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,090,789 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.8% 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 1,006,790 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 1,006,790 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,006,790 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.8% 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 1,090,789 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 1,090,789 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,090,789 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.8% 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 4,000 8. SHARED VOTING POWER 1,090,789 9. SOLE DISPOSITIVE POWER 4,000 10. SHARED DISPOSITIVE POWER 1,090,789 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,094,789 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.8% 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 (a) [_] (b) [_]