Masters Capital Management Amends Venus Concept Filing

TL;DR

Masters Capital Management updated their Venus Concept stake. Watch for more details.

AI Summary

Masters Capital Management, LLC has amended its Schedule 13D filing for Venus Concept Inc. on October 8, 2024. The filing indicates a change in beneficial ownership, though specific new holdings or percentage changes are not detailed in this excerpt. Venus Concept Inc. is involved in the surgical and medical instruments and apparatus industry.

Why It Matters

This amendment signals potential shifts in significant shareholder positions, which could influence the stock's trading activity and future corporate actions.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often precede significant market movements or changes in a company's strategic direction.

Key Players & Entities

• Masters Capital Management, LLC (company) — Filing party
• Venus Concept Inc. (company) — Subject company
• Restoration Robotics, Inc. (company) — Former company name

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 10/04/2024 Common Stock Sale 200,9
• $0.4595 — 0/04/2024 Common Stock Sale 200,913 $0.4595 10/07/2024 Common Stock Sale 120,8
• $0.4622 — 0/07/2024 Common Stock Sale 120,821 $0.4622 10/08/2024 Common Stock Sale 91,05
• $0.4431 — 10/08/2024 Common Stock Sale 91,053 $0.4431

Filing Documents

• d11498271_13d-a.htm (SC 13D/A) — 89KB
• 0000919574-24-005776.txt ( ) — 90KB

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 Capital Management, LLC, a Georgia limited liability company (“MCM”), and (ii) Michael Masters, a United States citizen (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 Masters Special Situations, LLC, a Georgia limited liability company (“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 MSS VC SPV LP, a Delaware limited partnership (“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 working capital purposes (inc

is hereby supplemented by adding thereto the

Item 4 is hereby supplemented by adding thereto the following: Between October 3, 2024 – October 8, 2024, the Reporting Persons sold 412,787 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. 5 to Schedule 13D, (i) Michael Masters may be deemed to be the beneficial owner of 168,229 shares of Common Stock or 2.3% of the shares of Common Stock of the Issuer, and (ii) MCM may be deemed to be the beneficial owner of 111,158 shares of Common Stock or 1.5% 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 168,229 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 111,158 shares of Common Stock. Michael Masters has the sole power to dispose or direct the disposition of 0 shares of Common Stock and the shared power to dispose or direct the disposition of 168,229 shares of Common Stock. MCM has the sole power to dispose or direct the disposition of 0 shares of Common Stock and the shared power to dispose or direct the disposition of 111,158 shares of Common Stock. As of October 8, 2024, the Reporting Persons have each ceased to be

View Full Filing

View this SC 13D/A filing on SEC EDGAR