Summary by Futu AI
On December 31, 2023, Armistice Capital, LLC and its managing member Steven Boyd filed a Schedule 13G with the United States Securities and Exchange Commission, disclosing a 9.99% ownership stake in 180 Life Sciences Corp. The filing indicates that Armistice Capital, LLC and Steven Boyd collectively hold 1,112,480 shares of common stock in the company. The shares are held by Armistice Capital Master Fund Ltd., for which Armistice Capital, LLC acts as the investment manager, granting it voting and investment power over the securities. The filing asserts that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of 180 Life Sciences Corp. The percentage ownership is based on 11,135,940 shares outstanding as of December 26, 2023, as reported in the company's Schedule 14A filed with the SEC. The filing was completed on February 14, 2024.