SCHEDULE: Ingalls & Snyder Discloses 7.7% Stake in Applied Energetics

Ingalls & Snyder LLC has reported beneficial ownership of 17,230,596 shares, representing 7.7% of the outstanding common stock of Applied Energetics, Inc., as of December 31, 2025.

Summary

• Ingalls & Snyder LLC, a registered broker-dealer and investment advisor, has filed a Schedule 13G indicating beneficial ownership of Applied Energetics, Inc. common stock.
• The filing, dated December 31, 2025, shows that Ingalls & Snyder LLC beneficially owns 17,230,596 shares.
• This ownership stake represents 7.7% of the total class of securities.
• The shares are held with shared dispositive power, meaning they are held in accounts managed under investment advisory contracts.
• Ingalls & Snyder LLC certifies that these securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It reports a significant ownership stake but provides no operational or financial performance data for the underlying company, Applied Energetics, Inc.

Positives

• Significant institutional ownership by Ingalls & Snyder LLC, a registered broker-dealer and investment advisor, can indicate confidence in the company's prospects.
• The ownership stake of 7.7% is substantial and suggests a notable investment position.

Negatives

• The filing does not provide specific details on the performance or financial health of Applied Energetics, Inc., focusing solely on ownership.
• The 'shared dispositive power' indicates that the ultimate decision-making authority for these shares may lie with individual account holders, not solely with Ingalls & Snyder LLC.

Risks

• Potential for increased market volatility if Ingalls & Snyder LLC decides to significantly alter its holdings.
• The filing does not detail any specific risks related to Applied Energetics, Inc.'s business operations or market position.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding Applied Energetics, Inc.'s future performance. It solely reports on the ownership stake of Ingalls & Snyder LLC.

Management Comments

• Ingalls & Snyder, LLC ('I&S') is a registered broker dealer and a registered investment advisor.
• Shares reported under shared dispositive power include shares held in accounts managed under investment advisory contracts.
• By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 240.14a-11.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes in publicly traded companies. The 7.7% ownership by Ingalls & Snyder LLC in Applied Energetics, Inc. positions them as a key stakeholder, whose future actions could influence the company's stock performance.

Stakeholder Impact

• Shareholders: The significant stake held by Ingalls & Snyder LLC could influence share price movements depending on their future investment decisions. It also signals institutional interest.
• Management of Applied Energetics, Inc.: The presence of a substantial institutional investor may lead to increased scrutiny or engagement regarding company strategy and performance.
• Potential Investors: This filing provides information about a key holder, which may be a factor in investment research.

Next Steps

• Monitor future filings from Ingalls & Snyder LLC for any changes in their ownership stake in Applied Energetics, Inc.
• Review subsequent SEC filings from Applied Energetics, Inc. for financial performance and operational updates.

Key Dates

Keywords

Applied Energetics, Schedule 13G, Ingalls & Snyder LLC, beneficial ownership, institutional investor, common stock, SEC filing, broker-dealer, investment advisor