SCHEDULE 13G/A: Major Investor Keith Kosow Updates Passive Stake in AudioEye Inc. to 3.3%

Keith Kosow and his affiliated entities, KTK Capital, Inc. and Cedar Holdings MGMT, have updated their beneficial ownership in AudioEye Inc., reporting an aggregate stake of 3.3% as of December 31, 2024.

Summary

• Keith Kosow, along with KTK Capital, Inc. and Cedar Holdings MGMT, collectively reported beneficial ownership of 401,126 shares of AudioEye Inc. common stock.
• This aggregate ownership represents 3.3% of AudioEye Inc.'s outstanding common stock, based on 12,178,130 shares issued and outstanding as of October 31, 2024.
• Keith Kosow directly holds 49,494 shares of common stock.
• KTK Capital, Inc., a company controlled by Keith Kosow, holds 246,297 shares, representing 2.0% of the class.
• Cedar Holdings MGMT, also a company controlled by Keith Kosow, holds 105,335 shares, representing 0.9% of the class.
• The filing is an Amendment No. 8 to Schedule 13G, indicating a previous filing and an update to the ownership information.
• All reported shares are held with sole voting and sole dispositive power by the respective reporting persons.

Sentiment

Score: 5

Explanation: The document is a routine beneficial ownership filing (Schedule 13G) and does not contain information that would significantly alter the sentiment towards the company's operational or financial performance. It merely updates a passive investor's stake.

Positives

• A significant investor, Keith Kosow, maintains a substantial beneficial ownership stake in AudioEye Inc., signaling continued interest in the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding the beneficial ownership of a significant, passive investor, Keith Kosow, and his affiliated entities.

Key Dates

Keywords

AudioEye Inc., Common Stock, Beneficial Ownership, Schedule 13G, Keith Kosow, KTK Capital Inc., Cedar Holdings MGMT, Shareholder, SEC Filing