SCHEDULE 13G/A: Newlin Investment Company and William R. Newlin Disclose 4.2% Passive Stake in Carmell Corp
Beneficial Ownership Report
Newlin Investment Company 1, LLC and William R. Newlin have filed an amended Schedule 13G, reporting a 4.2% beneficial ownership stake in Carmell Corp's common stock.
Summary
- Newlin Investment Company 1, LLC and William R. Newlin have filed an Amendment No. 2 to Schedule 13G regarding their beneficial ownership in Carmell Corp.
- The reporting persons collectively beneficially own 1,279,941 shares of Carmell Corp's common stock.
- This represents 4.2% of the outstanding common stock, calculated based on 30,119,843 shares reported as outstanding as of January 29, 2025, in a Preliminary Proxy Statement filed on January 31, 2025.
- Both Newlin Investment Company 1, LLC (a Florida limited liability company) and William R. Newlin (a U.S. citizen and Chairman of NLLC) share voting and dispositive power over these shares.
- The filing certifies 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 the issuer, other than activities solely in connection with a nomination under Rule 14a-11.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, inherently neutral in sentiment regarding the issuer's performance or prospects.
Positives
- The filing indicates a continued passive investment by Newlin Investment Company 1, LLC and William R. Newlin in Carmell Corp.
- The ownership percentage of 4.2% signifies a notable, but non-controlling, stake by a recognized investor.
Negatives
- The document itself does not present any negative information regarding Carmell Corp's operations or financial health.
Stakeholder Impact
- Shareholders: Provides transparency on a significant, passive ownership stake in the company.
Key Dates
| Date | Description |
|---|---|
| 2025-01-29 | Date as of which 30,119,843 shares of Carmell Corporation's common stock were reported as outstanding in the Preliminary Proxy Statement. |
| 2025-01-31 | Date the Preliminary Proxy Statement was filed with the SEC by Carmell Corporation. |
| 2025-02-07 | Date of event which requires filing of this statement and the filing date of the Schedule 13G Amendment No. 2. |
Keywords
Carmell Corp, Newlin Investment Company, William R. Newlin, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Passive Investment, Shareholder Stake
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