SCHEDULE: Funicular Funds Reports 5.3% Stake in Abeona Therapeutics

Funicular Funds, LP, along with Cable Car Capital, LP and Jacob Ma-Weaver, has disclosed beneficial ownership of 3,007,329 shares, representing 5.3% of Abeona Therapeutics Inc.'s common stock.

Summary

• Funicular Funds, LP, Cable Car Capital, LP, and Jacob Ma-Weaver have jointly filed a Schedule 13G, indicating their beneficial ownership of Abeona Therapeutics Inc. common stock.
• The total number of shares beneficially owned by these entities is 3,007,329.
• This holding represents 5.3% of the total outstanding common stock of Abeona Therapeutics Inc.
• The calculation of the percentage is based on 57,049,023 shares outstanding, as reported by the Issuer on its Form 10-K filed on March 17, 2026.
• Funicular Funds, LP and Cable Car Capital, LP are organized in Delaware, while Jacob Ma-Weaver is a U.S. citizen.
• Each reporting person holds sole voting power and sole dispositive power over the 3,007,329 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports an existing ownership stake rather than new strategic developments or financial performance.

Positives

• Significant stake acquired by Funicular Funds, LP, Cable Car Capital, LP, and Jacob Ma-Weaver, indicating investor confidence or strategic interest in Abeona Therapeutics Inc.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Schedule 13G filings typically indicate passive investment stakes, suggesting Funicular Funds, LP and its associated parties are likely not seeking to control or influence the management of Abeona Therapeutics Inc. at this time, but rather are accumulating a significant minority position.

Stakeholder Impact

• Shareholders: The acquisition of a 5.3% stake by Funicular Funds, LP and associated parties may signal increased investor interest or potential future activism, which could influence share price dynamics.

Key Dates

Recommendation

This Schedule 13G filing indicates a significant passive ownership stake by Funicular Funds, LP and associated parties. While it suggests investor interest, it does not provide new operational or financial information that would warrant a strong buy or sell recommendation. Investors should monitor future filings and company announcements for strategic shifts.

Keywords

Abeona Therapeutics, Schedule 13G, Funicular Funds, Cable Car Capital, Jacob Ma-Weaver, beneficial ownership, common stock, SEC filing