SCHEDULE 13G: Empery Asset Management Discloses 5.36% Stake in Flora Growth Corp.

Empery Asset Management, LP, along with its managing members Ryan M. Lane and Martin D. Hoe, has disclosed a passive beneficial ownership of 5.36% in Flora Growth Corp.'s common shares.

Summary

• Empery Asset Management, LP, acting as investment manager for the Empery Funds, has reported beneficial ownership of 926,361 common shares of Flora Growth Corp.
• Ryan M. Lane and Martin D. Hoe, as Managing Members of Empery AM GP, LLC (the general partner of Empery Asset Management, LP), are also deemed beneficial owners of these shares.
• The aggregate amount beneficially owned by the reporting persons is 926,361 common shares.
• This ownership represents 5.36% of Flora Growth Corp.'s common shares outstanding.
• The percentage is calculated based on 17,276,898 common shares outstanding as of December 16, 2024, as reported in the Company's Prospectus Supplement on Form 424(b)(5), and assumes the exercise of warrants.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Flora Growth Corp.

Sentiment

Score: 6

Explanation: The document is a factual disclosure of beneficial ownership, indicating a neutral sentiment. The disclosure of an institutional stake could be perceived positively by the market, but the document itself does not express sentiment.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Disclosure of a significant institutional stake (5.36%) by Empery Asset Management, LP, which may influence market perception and investor confidence in Flora Growth Corp.

Key Dates

Keywords

Flora Growth Corp., Empery Asset Management, Beneficial Ownership, SEC Filing, Schedule 13G, Common Shares, Institutional Investor, Investment Management, Cannabis Industry