SCHEDULE: Opaleye Management Discloses Alpha Cognition Stake

Opaleye Management Inc., Opaleye, L.P., and James Silverman have jointly filed a Schedule 13G, reporting beneficial ownership of 2,561,950 shares of Alpha Cognition Inc. common stock, representing 11.77% of the class.

Summary

• Opaleye Management Inc., Opaleye, L.P., and James Silverman have filed a joint Schedule 13G statement.
• They collectively beneficially own 2,561,950 shares of Alpha Cognition Inc. common stock.
• This ownership represents 11.77% of the total outstanding shares of common stock.
• The filing indicates shared voting and dispositive power over these shares.
• The filing is made as of March 31, 2026, with the report date being May 11, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports ownership and does not contain operational or financial performance data that would indicate positive or negative sentiment.

Positives

• Significant ownership stake of 11.77% in Alpha Cognition Inc. common stock.
• Joint filing indicates coordinated investment strategy by Opaleye entities and James Silverman.

Negatives

• The filing does not provide specific financial performance data for Alpha Cognition Inc., only ownership details.

Risks

• The filing does not explicitly mention any risks associated with the investment or Alpha Cognition Inc.'s business operations.

Future Outlook

No forward-looking statements or guidance are provided in this Schedule 13G filing, which is focused on reporting beneficial ownership.

Management Comments

• The filing includes a certification stating that the securities were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are typically made by institutional investors or individuals who acquire a significant stake (5% or more) in a public company. This filing indicates Opaleye Management and its affiliates are substantial holders in Alpha Cognition Inc., a common practice for investment firms seeking to influence or benefit from a company's performance.

Stakeholder Impact

• Shareholders: The significant stake held by Opaleye Management and affiliates may influence corporate strategy and governance decisions.
• Management of Alpha Cognition Inc.: May face increased scrutiny or engagement from a substantial institutional investor.

Next Steps

• The reporting persons may continue to acquire or dispose of shares of Alpha Cognition Inc. common stock.
• Amendments to this Schedule 13G will be filed if there are material changes in beneficial ownership.

Key Dates

Keywords

Schedule 13G, Alpha Cognition Inc., Opaleye Management Inc., Opaleye L.P., James Silverman, Beneficial Ownership, Common Stock, SEC Filing, Investment Management