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ProSomnus | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Polar Asset Management Partners Inc.(3.8%)

SEC announcement ·  Feb 13 00:49
Summary by Futu AI
Polar Asset Management Partners Inc., an investment fund manager based in Ontario, Canada, has filed an amended Schedule 13G/A with the Securities and Exchange Commission on February 12, 2024, indicating a change in their holdings of ProSomnus, Inc. common stock. The filing, which reflects ownership as of December 31, 2023, shows that Polar Asset Management now beneficially owns 638,596 shares of ProSomnus, which includes 251,724 shares issuable upon the exercise of warrants, representing 3.8% of the company's class of common stock. This stake is below the 5% threshold, as indicated by the filing, suggesting that Polar Asset Management has reduced its position in ProSomnus, Inc. since its last report. ProSomnus, Inc., formerly known as Lakeshore Acquisition I Corp, is headquartered in Pleasanton, California. The filing also certifies that the shares were not acquired for the purpose of changing or influencing the control of ProSomnus, Inc., nor in connection with any transaction having that purpose or effect.
Polar Asset Management Partners Inc., an investment fund manager based in Ontario, Canada, has filed an amended Schedule 13G/A with the Securities and Exchange Commission on February 12, 2024, indicating a change in their holdings of ProSomnus, Inc. common stock. The filing, which reflects ownership as of December 31, 2023, shows that Polar Asset Management now beneficially owns 638,596 shares of ProSomnus, which includes 251,724 shares issuable upon the exercise of warrants, representing 3.8% of the company's class of common stock. This stake is below the 5% threshold, as indicated by the filing, suggesting that Polar Asset Management has reduced its position in ProSomnus, Inc. since its last report. ProSomnus, Inc., formerly known as Lakeshore Acquisition I Corp, is headquartered in Pleasanton, California. The filing also certifies that the shares were not acquired for the purpose of changing or influencing the control of ProSomnus, Inc., nor in connection with any transaction having that purpose or effect.
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