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Aclarion | SC 13G: Statement of acquisition of beneficial ownership by individuals-Mitchell P. Kopin(4.99%),Daniel B. Asher(4.99%), etc.

SEC announcement ·  Mar 7 05:20
Summary by Futu AI
On February 26, 2024, Aclarion, Inc., a company listed on the United States Securities and Exchange Commission, experienced a significant event involving the filing of a Schedule 13G amendment. The filing was made by Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC, collectively referred to as the Reporting Persons. The Schedule 13G indicates that these Reporting Persons have shared voting and dispositive power over 375,554 shares of Aclarion's common stock, which represents approximately 4.99% of the company's class of securities. This filing was necessitated by a transaction that occurred on the same date, as detailed in a Securities Purchase Agreement (SPA) with Aclarion, which was disclosed in a Form 8-K filed with the SEC on February 27, 2024. The Reporting Persons may have been...Show More
On February 26, 2024, Aclarion, Inc., a company listed on the United States Securities and Exchange Commission, experienced a significant event involving the filing of a Schedule 13G amendment. The filing was made by Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC, collectively referred to as the Reporting Persons. The Schedule 13G indicates that these Reporting Persons have shared voting and dispositive power over 375,554 shares of Aclarion's common stock, which represents approximately 4.99% of the company's class of securities. This filing was necessitated by a transaction that occurred on the same date, as detailed in a Securities Purchase Agreement (SPA) with Aclarion, which was disclosed in a Form 8-K filed with the SEC on February 27, 2024. The Reporting Persons may have been deemed to have beneficial ownership of additional shares, but due to blocker provisions in the warrants, their beneficial ownership is limited to 4.99% of the common stock. The principal business offices for Mr. Kopin and Intracoastal are located in Delray Beach, Florida, while Mr. Asher's office is in Chicago, Illinois. The filing asserts that the shares were not acquired for the purpose of changing or influencing the control of Aclarion, Inc.

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