SCHEDULE: Intracoastal Capital Discloses 4.99% Stake in Amesite Inc.
Schedule 13G
Intracoastal Capital LLC and its principals have filed a Schedule 13G reporting a 4.99% beneficial ownership stake in Amesite Inc. following recent securities purchase agreements.
Summary
- Reporting persons Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC collectively hold 293,575 shares of Amesite Inc. common stock.
- The reported stake represents 4.99% of the company's outstanding common stock.
- The holdings consist of 98,000 shares held directly and 195,575 shares issuable upon the exercise of warrants.
- The filing notes the existence of multiple warrants (Warrant 1, 2, and 3) with specific blocker provisions limiting exercise to 4.99% ownership to avoid triggering change-in-control thresholds.
- The acquisition follows a Securities Purchase Agreement executed on April 27, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral regulatory disclosure confirming institutional participation in a previously announced capital raise.
Positives
- The investment indicates institutional interest in Amesite Inc. following the April 2026 capital raise.
- The reporting persons have certified that the shares were not acquired for the purpose of changing or influencing the control of the issuer.
Negatives
- The presence of significant warrant overhang (Warrants 2 and 3) that are contingent upon future stockholder approval.
- The ownership stake is capped at 4.99% via blocker provisions, suggesting the investors are managing their regulatory reporting requirements and influence levels.
Risks
- Potential dilution for existing shareholders upon the future exercise of warrants.
- Dependence on future stockholder approval for the exercise of certain warrants (Warrant 2 and 3).
- Market volatility associated with the issuance of new shares and warrants.
Future Outlook
The reporting persons hold warrants that are currently subject to blocker provisions and, in the case of Warrants 2 and 3, require future stockholder approval before they can be exercised.
Management Comments
- The reporting persons certify that the securities were not acquired for the purpose of changing or influencing the control of the issuer.
Industry Context
StockSavvy.ai notes that this filing reflects standard institutional activity following a private placement, where investors utilize warrants with blocker provisions to maintain a sub-5% reporting threshold while positioning for potential future equity upside.
Comparison to Industry Standards
- The use of 4.99% blocker provisions is a standard practice for institutional investors in small-cap equity placements to avoid the regulatory burden of exceeding the 5% threshold under Section 13(d) of the Exchange Act.
- The structure of the warrants is consistent with typical PIPE (Private Investment in Public Equity) transactions in the technology and software sector.
Stakeholder Impact
- Existing shareholders may face dilution if warrants are exercised.
- The involvement of institutional capital may provide liquidity and validation for the company's strategic direction.
Next Steps
- Potential future exercise of warrants subject to stockholder approval.
- Ongoing monitoring of ownership levels relative to the 4.99% blocker provisions.
Key Dates
| Date | Description |
|---|---|
| 04/24/2026 | Reference date for outstanding shares reported by the issuer. |
| 04/27/2026 | Date of the Securities Purchase Agreement (SPA) event. |
| 05/01/2026 | Date of the Schedule 13G filing and status of beneficial ownership. |
Keywords
Amesite Inc, Intracoastal Capital, Schedule 13G, Beneficial Ownership, Warrants, Securities Purchase Agreement, Institutional Investor
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.