SCHEDULE 13G/A: AWM Investment Company Reduces Stake in Aeluma, Inc. to 2.6%

AWM Investment Company, Inc. has filed an amended Schedule 13G, disclosing a reduced beneficial ownership of 2.6% in Aeluma, Inc.'s common stock as of May 30, 2025.

Summary

• AWM Investment Company, Inc., a Delaware Corporation, filed an Amendment No. 1 to its Schedule 13G regarding its beneficial ownership in Aeluma, Inc.
• As of May 30, 2025, AWM Investment Company, Inc. beneficially owns an aggregate of 409,787 shares of Aeluma, Inc. Common Stock.
• This ownership represents 2.6% of the class of Aeluma, Inc.'s Common Stock.
• AWM Investment Company, Inc. holds sole voting and sole dispositive power over all 409,787 shares.
• The shares are held across four funds advised by AWM: Special Situations Fund III QP, L.P. (160,228 shares), Special Situations Cayman Fund, L.P. (44,665 shares), Special Situations Technology Fund, L.P. (34,423 shares), and Special Situations Technology Fund II, L.P. (170,471 shares).
• David M. Greenhouse and Adam C. Stettner are controlling principals of AWM and members of the general partners for the respective funds.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing (Schedule 13G Amendment) disclosing a change in beneficial ownership. It does not contain qualitative statements about the issuer's performance or future prospects, thus maintaining a neutral sentiment.

Future Outlook

NA

Management Comments

• AWM Investment Company, Inc. certifies that, to the best of its knowledge and belief, the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities, and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.

Industry Context

This filing reflects a change in a passive investment stake by an investment advisory firm in a publicly traded company. Such disclosures are standard regulatory requirements for significant shareholders and do not inherently provide broader industry trends, though a reduction in stake by a notable investor could be observed by market participants.

Stakeholder Impact

• Shareholders: The reduction in stake by AWM Investment Company, Inc. from potentially above 5% to 2.6% could be interpreted by other shareholders as a change in conviction by a significant institutional investor, potentially influencing their own investment decisions.

Key Dates

Keywords

Aeluma Inc., AWM Investment Company, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing, Institutional Investor