Form 4: Opaleye Management Reports Alpha Cognition Stake

Opaleye Management Inc. has disclosed changes in its beneficial ownership of Alpha Cognition Inc. (ACOG) common stock, acquiring 10,054 shares.

Summary

• Opaleye Management Inc. reported a transaction on June 5, 2026, involving Alpha Cognition Inc. (ACOG).
• The company acquired 10,054 shares of common stock at a weighted average price of $5.8281.
• Following this transaction, Opaleye Management Inc. has beneficial ownership of 2,614,161 shares indirectly through Opaleye, L.P., and an additional 90,000 shares through a managed account.
• The filing is made pursuant to Section 16(a) of the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine ownership update and does not contain new strategic information or financial performance data.

Positives

• Opaleye Management Inc. increased its beneficial ownership in Alpha Cognition Inc. by acquiring 10,054 shares.
• The company holds a significant indirect beneficial ownership of 2,614,161 shares through Opaleye, L.P., indicating a substantial investment.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which primarily reports on past transactions.

Management Comments

• Opaleye Management Inc. disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that Opaleye Management Inc. is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for significant shareholders and management, indicating ongoing investment activity and transparency in the biotechnology or technology sectors where Alpha Cognition Inc. likely operates.

Stakeholder Impact

• Shareholders: The acquisition of shares by a significant entity like Opaleye Management Inc. can be interpreted as a sign of confidence in the company's future prospects, potentially influencing investor sentiment.

Key Dates

Keywords

Opaleye Management Inc., Alpha Cognition Inc., ACOG, Form 4, Beneficial Ownership, Securities Exchange Act, Common Stock, Investment