Benno Fischer Trims Sow Good Inc. Stake to 9.9%
Ticker: SOWG · Form: SC 13G/A · Filed: Jan 29, 2024 · CIK: 1490161
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, shareholder-update, amendment, institutional-investor
TL;DR
**Big investor Benno Fischer just updated his Sow Good Inc. stake to 9.9%, down slightly.**
AI Summary
Benno Fischer, a significant investor, has updated his ownership in Sow Good Inc. (NASDAQ: SOWG) as of December 31, 2023. He now beneficially owns 651,029 shares of common stock, representing 9.9% of the company's outstanding shares. This filing indicates a slight decrease from his previous reported stake, signaling a potential shift in his investment strategy or a minor reduction in his overall position. This matters to investors because a large shareholder's actions can influence market perception and potentially impact the stock's liquidity and price stability.
Why It Matters
This filing shows a key investor's updated position, which can signal confidence or concern about the company's future, potentially influencing other investors' decisions and the stock price.
Risk Assessment
Risk Level: low — This is a routine update from a significant shareholder and does not indicate any immediate, major risks to the company or its stock.
Analyst Insight
An investor should note Benno Fischer's updated 9.9% stake in Sow Good Inc. and monitor future filings for further changes, as significant shifts by large holders can sometimes precede broader market movements or reflect internal company insights. This specific filing is an amendment, suggesting a change from a previous position, which warrants a deeper look into the prior filing if available.
Key Numbers
- 651,029 — Shares Beneficially Owned (Represents the total number of common shares Benno Fischer holds in Sow Good Inc.)
- 9.9% — Percentage of Class (Indicates Benno Fischer's significant ownership stake in Sow Good Inc.)
- December 31, 2023 — Reporting Date (The specific date for which the ownership information is current.)
Key Players & Entities
- Benno Fischer (person) — reporting person and significant investor in Sow Good Inc.
- Sow Good Inc. (company) — the subject company whose securities are being reported
- 651,029 (dollar_amount) — number of shares beneficially owned by Benno Fischer
- 9.9% (dollar_amount) — percentage of Sow Good Inc. common stock beneficially owned by Benno Fischer
- December 31, 2023 (date) — date of the event requiring this filing
Forward-Looking Statements
- Benno Fischer will maintain a significant, but potentially slightly reduced, stake in Sow Good Inc. over the next year. (Benno Fischer) — medium confidence, target: 2025-01-29
- Sow Good Inc.'s stock price will experience minor volatility due to large shareholder position changes. (Sow Good Inc.) — low confidence, target: 2024-07-29
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person in this SC 13G/A filing is Benno Fischer, as stated in Item 1 of the cover page and the 'FILED BY' section.
What is the name of the issuer whose securities are being reported?
The name of the issuer is Sow Good Inc., as clearly stated under 'Name of Issuer' on the Schedule 13G form.
How many shares of Sow Good Inc. common stock does Benno Fischer beneficially own?
Benno Fischer beneficially owns 651,029 shares of Sow Good Inc. common stock, as reported in Row 9 of the cover page, 'AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON'.
What percentage of Sow Good Inc.'s common stock does Benno Fischer own?
The filing indicates that Benno Fischer owns 9.9% of Sow Good Inc.'s common stock, as stated in Row 11 of the cover page, 'PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified on the Schedule 13G form.
Filing Stats: 913 words · 4 min read · ~3 pages · Grade level 7.8 · Accepted 2024-01-29 06:12:18
Key Financial Figures
- $2.50 — chase 100,000 shares of common stock at $2.50 per share that are exercisable at any t
Filing Documents
- bf20240124_sc13ga.htm (SC 13G/A) — 50KB
- 0001437749-24-002355.txt ( ) — 51KB
(a)
Item 1(a). Name of Issuer: Sow Good, Inc.
(b)
Item 1(b). Address of Issuer's Principal Executive Offices: 1440 N. Union Bower Rd., Irving, TX 75061
(a)
Item 2(a). Name of Person Filing: Benno Fischer
(b)
Item 2(b). Address of Principal Business Office or, if none, Residence: 1918 North Olive Street, Unit 2301, Dallas, TX 75201
(c)
Item 2(c). Citizenship: USA
(d)
Item 2(d). Title of Class of Securities: Common Stock
(e)
Item 2(e). CUSIP Number: 84612H106 Item 3. If This Statement Is Filed Pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing Is a(n): (a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) Investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) Employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) Parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) 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) A non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with Section 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____________________________ . Item 4. (a) Amount beneficially owned: 590,000 shares (b) Percent of class: 10.8% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 651,029 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 651,029 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. 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 secur