Summary by Futu AI
Sanders Morris, a Texas-based investment adviser and broker-dealer, has filed a Schedule 13G with the United States Securities and Exchange Commission on June 4, 2024, indicating a significant ownership stake in MultiSensor AI Holdings Inc. The filing reveals that Sanders Morris holds 746,760 shares of the company's common stock, which represents 5.43% of the class. The address of the principal business office for Sanders Morris is listed as 600 Travis St Ste 5900, Houston, TX. The shares are held in the ordinary course of business and not with the intent to change or influence the control of MultiSensor AI Holdings Inc. The filing is a routine disclosure required by securities regulations for parties owning more than five percent of a company's stock.