Millennium Management Amends Carmell Corp (CTCX) Stake
Ticker: XAGEW · Form: SC 13G/A · Filed: Feb 5, 2024 · CIK: 1842939
| Field | Detail |
|---|---|
| Company | Carmell Corp (XAGEW) |
| Form Type | SC 13G/A |
| Filed Date | Feb 5, 2024 |
| Risk Level | low |
| Pages | 8 |
| Reading Time | 9 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, beneficial-ownership, hedge-fund
TL;DR
**Millennium Management updated their Carmell Corp (CTCX) stake, watch for potential market reaction.**
AI Summary
Integrated Core Strategies (US) LLC, part of Millennium Management LLC, filed an amended SC 13G/A on February 5, 2024, indicating their ownership in Carmell Corporation (CTCX) as of December 31, 2023. This filing is an amendment (Amendment No. 2) to their previous disclosures, showing a change in their beneficial ownership. This matters to investors because it provides transparency into significant institutional holdings, which can influence stock price and signal confidence (or lack thereof) in the company's future.
Why It Matters
Institutional ownership changes can signal shifts in market sentiment or investment strategy, potentially impacting Carmell Corp's stock price and liquidity.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of institutional ownership and does not inherently indicate a high-risk event for the company.
Analyst Insight
Investors should monitor subsequent filings from Integrated Core Strategies (US) LLC and other major institutions to understand the evolving ownership landscape of Carmell Corporation, as significant changes could impact stock performance.
Key Numbers
- 0001842939 — Carmell Corp CIK (Unique identifier for Carmell Corporation in SEC filings)
- 142922103 — CUSIP Number (Identifies Carmell Corporation's Common Stock, par value $0.0001 per share)
- 20231231 — Date of Event (The date as of which the beneficial ownership was determined for this filing)
- 20240205 — Filing Date (The date this SC 13G/A amendment was filed with the SEC)
- $0.0001 — Par Value per Share (The stated par value of Carmell Corporation's Common Stock)
Key Players & Entities
- Integrated Core Strategies (US) LLC (company) — reporting person and beneficial owner
- Millennium Management LLC (company) — parent company of the reporting person
- Carmell Corporation (company) — subject company of the filing
- Israel A. Englander (person) — group member associated with Millennium Management
- ICS OPPORTUNITIES, LTD. (company) — group member associated with Millennium Management
- INTEGRATED ASSETS II LLC (company) — group member associated with Millennium Management
- MILLENNIUM GROUP MANAGEMENT LLC (company) — group member associated with Millennium Management
- MILLENNIUM INTERNATIONAL MANAGEMENT LP (company) — group member associated with Millennium Management
Forward-Looking Statements
- Millennium Management's continued or adjusted stake in Carmell Corp could influence other institutional investors' decisions. (Carmell Corporation) — medium confidence, target: Q2 2024
FAQ
What is the purpose of this SC 13G/A filing?
This SC 13G/A filing is an amendment (Amendment No. 2) to a Schedule 13G, indicating a change in beneficial ownership of Carmell Corporation's common stock by Integrated Core Strategies (US) LLC as of December 31, 2023.
Who is the reporting person in this filing?
The reporting person is Integrated Core Strategies (US) LLC, which is part of the Millennium Management LLC group, as indicated by the 'FILED BY' section and the 'GROUP MEMBERS' listed.
What is the subject company of this filing?
The subject company is Carmell Corporation, formerly known as Alpha Healthcare Acquisition Corp. III, with the CUSIP number 142922103 for its Common Stock, par value $0.0001 per share.
When was the event that triggered this filing?
The date of the event which requires the filing of this statement was December 31, 2023, as explicitly stated in the filing.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(c), as indicated by the checked box on the cover page of the filing.
Filing Stats: 2,351 words · 9 min read · ~8 pages · Grade level 12.9 · Accepted 2024-02-05 16:27:55
Key Financial Figures
- $0.0001 — me of Issuer) COMMON STOCK, PAR VALUE $0.0001 PER SHARE (Title of Class of Securiti
Filing Documents
- CTCX_13GA2.htm (SC 13G/A) — 135KB
- 0001319244-24-000021.txt ( ) — 137KB
If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) o An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); CUSIP No. 142922103 SCHEDULE 13G Page 11 of 15 (g) o A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) o Group, in accordance with 240.13d-1(b)(1)(ii)(J).
Ownership
Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: See response to Item 9 on each cover page. (b) Percent of Class: See response to Item 11 on each cover page. For each reporting person, the percent of the class reported herein as beneficially owned by such reporting person gives effect to shares deemed to be outstanding as provided in Rule 13d-3(d)(1)(i), if any, presuming that all those warrants to purchase shares of the class reported herein that are held or otherwise controlled by any reporting person are exercisable within sixty days of the date hereof. CUSIP No. 142922103 SCHEDULE 13G Page 12 of 15 (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote See response to Item 5 on each cover page. (ii) Shared power to vote or to direct the vote See response to Item 6 on each cover page. (iii) Sole power to dispose or to direct the disposition of See response to Item 7 on each cover page. (iv) Shared power to dispose or to direct the disposition of See response to Item 8 on each cover page. The securities disclosed herein as potentially beneficially owned by Millennium Management LLC, Millennium Group Management LLC and Mr. Englander are held by entities subject to voting control and investment discretion by Millennium Management LLC and/or other investment managers that may be controlled by Millennium Group Management LLC (the managing member of Millennium Management LLC) and Mr. Englander (the sole voting trustee of the managing member of Millennium Group Management LLC). The foregoing should not be construed in and of itself as an admission by Millennium Management LLC, Millennium Group Management LLC or Mr. Englander as to beneficial ownership of the securities held by such entities.
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 owner of more than five percent of the class of securities, check the following þ .
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.
Identification and Classification of the Subsidiary Which Acquired
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group See Exhibit I.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group Not applicable.
Certification
Item 10. Certification By signing below each of the undersigned certifies that, to the best of its 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. CUSIP No. 142922103 SCHEDULE 13G Page 13 of 15 Exhibits: Exhibit I: Joint Filing Agreement, dated as of February 2, 2024, by and among Integrated Core Strategies (US) LLC, ICS Opportunities, Ltd., Integrated Assets II LLC, Millennium International Management LP, Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander. CUSIP No. 142922103 SCHEDULE 13G Page 14 of 15 SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct. Dated: February 2, 2024 INTEGRATED CORE STRATEGIES (US) LLC By: Integrated Holding Group LP, its Managing Member By: Millennium Management LLC, its General Partner By: /s/ Gil Raviv Name: Gil Raviv Title: Global General Counsel ICS OPPORTUNITIES, LTD. By: Millennium International Management LP, its Investment Manager By: /s/ Gil Raviv Name: Gil Raviv Title: Global General Counsel INTEGRATED ASSETS II LLC By: Millennium International Management LP, its Investment Manager By: /s/ Gil Raviv Name: Gil Raviv Title: Global General Counsel MILLENNIUM INTERNATIONAL MANAGEMENT LP By: /s/Gil Raviv Name: Gil Raviv Title: Global General Counsel MILLENNIUM MANAGEMENT LLC By: /s/Gil Raviv Name: Gil Raviv Title: Global General Counsel MILLENNIUM GROUP MANAGEMENT LLC By: /s/Gil Raviv Name: Gil Raviv Title: Global General Counsel /s/ Israel A. Englander Israel A. Englander CUSIP No. 142