SCHEDULE: AYRO: Iroquois Capital Reports 9.99% Stake

Iroquois Capital Management, Richard Abbe, and Kimberly Page have filed an amended Schedule 13G, disclosing beneficial ownership of 9.99% of AYRO, Inc.'s Common Stock, including convertible Preferred Stock, subject to a 9.99% blocker.

Summary

• Iroquois Capital Management, LLC, Richard Abbe, and Kimberly Page collectively reported beneficial ownership of AYRO, Inc. Common Stock.
• The beneficial ownership for each reporting person is capped at 9.99% of the class due to a contractual blocker on the conversion of Preferred Stock.
• Iroquois Capital Management, LLC reported aggregate beneficial ownership of 179,450 shares, representing 9.99% of the class.
• Richard Abbe reported aggregate beneficial ownership of 507,899 shares, representing 9.99% of the class, including shares held by Iroquois Master Fund Ltd. and Iroquois Capital Investment Group LLC.
• Kimberly Page reported aggregate beneficial ownership of 507,899 shares, representing 9.99% of the class.
• The reported shares include 499,634 shares of Common Stock issuable upon conversion of Preferred Stock, giving effect to the 9.99% blocker.
• The percentage of class is based on an estimated 543,217 shares of common stock issued and outstanding as of June 26, 2025, as disclosed in an AYRO, Inc. press release dated June 24, 2025.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or prospects.

Risks

• The conversion of Preferred Stock into Common Stock is subject to a 9.99% blocker, limiting the beneficial ownership percentage for the reporting persons.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of significant beneficial ownership by an investment firm and its principals in a publicly traded company. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant ownership stakes by institutional investors and their principals, which can influence market perception and trading activity.

Key Dates

Keywords

AYRO Inc., Iroquois Capital Management, Richard Abbe, Kimberly Page, Schedule 13G, Beneficial Ownership, Common Stock, Preferred Stock, SEC Filing, Investment Management