SCHEDULE 13G/A: Armistice Capital Discloses 4.99% Passive Stake in CLENE INC.

Armistice Capital, LLC and Steven Boyd have filed an amended Schedule 13G, disclosing a beneficial ownership of 4.99% of CLENE INC.'s common stock as of December 31, 2024.

Summary

• Armistice Capital, LLC and Steven Boyd are the reporting persons for this Schedule 13G Amendment No. 1.
• The filing discloses beneficial ownership of 419,101 shares of CLENE INC. Common Stock.
• This represents 4.99% of the total class of securities.
• Armistice Capital, LLC, a Delaware entity, is an investment adviser, and Steven Boyd, a U.S. citizen, is the managing member of Armistice Capital.
• The shares are held with shared voting power and shared dispositive power by both reporting persons.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 6

Explanation: The document is a factual disclosure of ownership, which is neutral in itself. However, the presence of an institutional investor like Armistice Capital holding a significant stake (4.99%) can be perceived as a slightly positive signal of institutional interest in the company, without implying any operational performance.

Future Outlook

NA

Management Comments

• Armistice Capital, LLC and Steven Boyd certify that, to the best of their knowledge and belief, the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of CLENE INC.

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, potentially influencing investor sentiment and trading activity.

Key Dates

Keywords

CLENE INC., Armistice Capital, Steven Boyd, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Adviser, Institutional Holding