Masters Capital Management Amends Venus Concept Filing

TL;DR

Masters Capital Management updated their Venus Concept stake filing on 10/3/24.

AI Summary

Masters Capital Management, LLC has amended its Schedule 13D filing concerning Venus Concept Inc. as of October 3, 2024. The filing indicates a change in beneficial ownership of the company's common stock. Specific details regarding the percentage of ownership or any transactions are not provided in this excerpt.

Why It Matters

This amendment signals a potential shift in significant shareholder activity for Venus Concept Inc., which could influence the stock's performance.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in significant investor positions, which can lead to stock price volatility.

Key Players & Entities

• Masters Capital Management, LLC (company) — Filing entity
• Venus Concept Inc. (company) — Subject company
• 20241003 (date) — Filing date

FAQ

Key Financial Figures

• $0.0001 — Inc. (Name of Issuer) Common Stock, $0.0001 par value per share (Title of Class o
• $0.6449 — 09/30/2024 Common Stock Sale 71,368 $0.6449 10/01/2024 Common Stock Sale 140,2
• $0.5952 — 0/01/2024 Common Stock Sale 140,214 $0.5952 10/02/2024 Common Stock Sale 94,55
• $0.5305 — 10/02/2024 Common Stock Sale 94,553 $0.5305 10/03/2024 Common Stock Sale 162,8
• $0.5252 — 0/03/2024 Common Stock Sale 162,896 $0.5252

Filing Documents

• d11491206_13d-a.htm (SC 13D/A) — 133KB
• 0000919574-24-005731.txt ( ) — 134KB

is hereby amended and supplemented as follows

Item 2 is hereby amended and supplemented as follows: (a)-(c), (f) This Schedule 13D is being filed jointly by (i) Masters Special Situations, LLC, a Georgia limited liability company (“MSS”), (ii) Masters Capital Management, LLC, a Georgia limited liability company (“MCM”), (iii) Michael Masters, a United States citizen, and (iv) MSS VC SPV LP, a Delaware limited partnership (“MSSVC”) (collectively, the “Reporting Persons”). The principal business address of the Reporting Persons is 3060 Peachtree Road, NW, Suite 1425, Atlanta, Georgia 30305. Michael Masters is the controlling founder of each of MSS and MCM, each an investment management firm that serves as the investment manager to certain private funds, including Marlin Fund, Limited Partnership (“MFLP”), Marlin Fund II, Limited Partnership (“MFIILP”), Marlin Fund III Limited Partnership (“MFIIILP”), Marlin Master Fund Offshore II, LP (“MMFO”) and MSSVC. (d) None of the Reporting Persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) None of the Reporting Persons has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or state securities laws or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration. The funds for the purchase of the Common Stock beneficially owned by the Reporting Persons came from the working capital of the private funds managed by each of MSS and MCM (including MFLP, MFIILP and MSSVC). No borrowed funds were used to purchase the shares of Common Stock, other than any borrowed funds used for workin

is hereby supplemented by adding thereto the

Item 4 is hereby supplemented by adding thereto the following: Between September 30, 2024 – October 3, 2024, the Reporting Persons sold 469,031 shares of the Common Stock of the Issuer in accordance with the transaction schedule listed on Exhibit B below. Except as otherwise set forth herein, the Reporting Persons do not have any present plans or proposals which would relate to, or result in, the matters set forth in subparagraphs (a) – (j) of Item 4 of Schedule 13D. The Reporting Persons reserve the right, at a later date, to effect one or more of such changes or transactions in the number of Shares they may be deemed to beneficially own. Item 5. Interest in Securities of the Issuer. (a)-(c) As of the date of this Amendment No. 4 to Schedule 13D, (i) Michael Masters may be deemed to be the beneficial owner of 581,016 shares of Common Stock or 8.0% of the shares of Common Stock of the Issuer, (ii) MSS may be deemed to be the beneficial owner of 209,803 shares of Common Stock or 2.9% of the shares of Common Stock of the Issuer, (iii) MCM may be deemed to be the beneficial owner of 371,213 shares of Common Stock or 5.1% of the shares of Common Stock of the Issuer, and (iv) MSSVC may be deemed to be the beneficial owner of 209,803 shares of Common Stock or 2.9% of the shares of Common Stock of the Issuer, in each case based upon the 7,255,277 shares of Common Stock outstanding as of August 7, 2024, following the sale of Common Stock of the Reporting Persons. Michael Masters has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or direct the vote of 581,016 shares of Common Stock. MSS has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or direct the vote of 209,803 shares of Common Stock. MCM has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or direct the vote of 371,213 shares of Common Stock. M

View Full Filing

View this SC 13D/A filing on SEC EDGAR