Summary by Futu AI
On September 30, 2024, Armistice Capital, LLC and its managing member Steven Boyd filed a Schedule 13G with the United States Securities and Exchange Commission, disclosing a beneficial ownership of 700,000 shares of Clene Inc. common stock, representing 8.77% of the class. The filing indicates that Armistice Capital, as the investment manager of Armistice Capital Master Fund Ltd., exercises voting and investment power over the securities held by the Master Fund. Steven Boyd, due to his role at Armistice Capital, may also be deemed to beneficially own the securities held by the Master Fund. The shares are reported to be acquired and held in the ordinary course of business, not for the purpose of changing or influencing the control of Clene Inc. The filing was certified by Steven Boyd on November 14, 2024, affirming the accuracy of the information provided.