SCHEDULE: CVI Investments, Heights Capital Report 5.8% Atomera Stake

CVI Investments, Inc. and Heights Capital Management, Inc. jointly report beneficial ownership of 5.8% of Atomera Incorporated's common stock.

Summary

• CVI Investments, Inc. and Heights Capital Management, Inc. (Reporting Persons) have filed a Schedule 13G regarding their beneficial ownership in Atomera Incorporated.
• The Reporting Persons collectively beneficially own 2,100,000 shares of Atomera Incorporated's common stock.
• This represents 5.8% of the total outstanding shares of Atomera Incorporated, based on 36,509,895 shares outstanding as of February 24, 2026.
• Heights Capital Management, Inc. acts as the investment manager for CVI Investments, Inc. and exercises shared voting and dispositive power over these shares.
• The filing certifies that the securities were not acquired for the purpose of changing or influencing control of Atomera Incorporated.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a standard regulatory disclosure of a passive ownership stake and does not contain new operational or financial information about Atomera Incorporated.

Positives

• CVI Investments, Inc. and Heights Capital Management, Inc. have taken a significant 5.8% stake in Atomera Incorporated, indicating institutional confidence in the company.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Atomera Incorporated's future performance or strategic direction.

Management Comments

• Sarah Travis, Assistant General Counsel and Assistant Secretary of Heights Capital Management, Inc., certified that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Atomera Incorporated.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures by passive investors holding more than 5% of a company's stock, indicating a significant, non-activist institutional position. This type of filing does not typically provide insights into the issuer's operational performance or strategic direction but rather signals an investment decision by a large fund.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake by CVI Investments and Heights Capital Management may be viewed positively as a vote of confidence in Atomera Incorporated.

Key Dates

Recommendation

This Schedule 13G filing primarily serves as a regulatory disclosure of a passive ownership stake by CVI Investments, Inc. and Heights Capital Management, Inc. While the acquisition of a 5.8% stake by institutional investors can be seen as a positive signal of confidence, the filing does not provide new financial or operational data about Atomera Incorporated that would warrant a change in investment thesis. Therefore, a 'hold' recommendation is appropriate, maintaining current positions while awaiting further fundamental updates from the company.

Keywords

Atomera Incorporated, CVI Investments, Heights Capital Management, Schedule 13G, beneficial ownership, common stock, institutional investment, SEC filing