SCHEDULE: Empery Asset Management Reports 0% Stake in Abits Group
Ownership Filing
Empery Asset Management, LP and Ryan M. Lane have filed a Schedule 13G amendment, reporting no beneficial ownership of Abits Group Inc. ordinary shares as of June 30, 2026.
Summary
- Empery Asset Management, LP and Ryan M. Lane have filed an amendment to their Schedule 13G filing.
- This filing indicates that as of June 30, 2026, they hold 0% of the outstanding ordinary shares of Abits Group Inc.
- The total number of outstanding ordinary shares of Abits Group Inc. was reported as 2,961,447 as of April 29, 2026.
- Empery Asset Management, LP acts as the investment manager for certain funds holding these shares.
- Ryan M. Lane is identified as the managing member of the entity that manages the general partner of the investment manager.
Sentiment
Score: 2
Explanation: StockSavvy.ai views this filing as having a negative sentiment due to the complete divestment or lack of any ownership position reported by a significant entity, which typically signals a lack of confidence or strategic interest.
Negatives
- Empery Asset Management, LP and Ryan M. Lane report zero beneficial ownership of Abits Group Inc. ordinary shares, indicating no investment position.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that Schedule 13G filings are typically made by institutional investors who acquire beneficial ownership of more than 5% of a company's voting stock. A filing reporting 0% ownership suggests a divestment or a change in reporting status, which can be significant for market perception.
Stakeholder Impact
- Shareholders may interpret the lack of ownership by Empery Asset Management as a sign of reduced institutional interest or a potential shift in the company's investor base.
Key Dates
| Date | Description |
|---|---|
| 04/29/2026 | Date of Abits Group Inc.'s Annual Report on Form 20-F, which reported 2,961,447 ordinary shares outstanding. |
| 06/30/2026 | Date of the event requiring the filing of this Schedule 13G statement. |
| 07/29/2026 | Date of the signature for the Schedule 13G filing. |
Keywords
Abits Group Inc., Empery Asset Management, Schedule 13G, Beneficial Ownership, Ordinary Shares, SEC Filing
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