SCHEDULE 13G/A: Nantahala Capital Reports 9.49% Stake in Fossil Group

Nantahala Capital Management, LLC, along with Wilmot B. Harkey and Daniel Mack, reported a 9.49% beneficial ownership stake in Fossil Group, Inc. as of June 30, 2025.

Summary

• Nantahala Capital Management, LLC, Wilmot B. Harkey, and Daniel Mack collectively reported beneficial ownership of 5,087,803 shares of Fossil Group, Inc. Common Stock.
• This ownership represents 9.49% of the total class of securities outstanding as of June 30, 2025.
• The reporting persons hold shared voting power and shared dispositive power over all 5,087,803 shares.
• Nantahala Capital Management, LLC is classified as an investment adviser, and Messrs. Harkey and Mack are its managing members.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 7

Explanation: Nantahala Capital Management, LLC, an investment adviser, reported a substantial 9.49% beneficial ownership in Fossil Group, Inc., suggesting significant institutional interest and confidence in the company. This is generally viewed as a positive signal from a sophisticated investor.

Positives

• A significant institutional investor, Nantahala Capital Management, LLC, holds a substantial 9.49% stake in Fossil Group, Inc., which can be interpreted as a vote of confidence in the company's long-term prospects.
• The filing indicates that the shares are held in the ordinary course of business, suggesting a passive investment rather than an activist intent to influence control.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Fossil Group, Inc.'s future financial performance or strategic direction.

Industry Context

This filing reflects an institutional investor's significant stake in a publicly traded company within the consumer goods and accessories sector. Such filings are common and provide transparency into major ownership positions, which can sometimes signal investor sentiment or potential strategic interest in the industry.

Related Party Transactions

• BLACKWELL PARTNERS LLC SERIES A, a fund advised by Nantahala Capital Management, LLC, has the right to receive or direct dividends and proceeds from the sale of more than five percent of the outstanding common stock beneficially owned by Nantahala.

Stakeholder Impact

• Shareholders may view the significant stake by an institutional investor as a positive indicator of confidence in the company's value or future prospects, potentially influencing market perception and share price.

Key Dates

Recommendation

Nantahala Capital Management, LLC's reported 9.49% beneficial ownership in Fossil Group, Inc. indicates significant institutional interest. While this filing does not provide operational or financial performance data, a substantial stake by a sophisticated investor often signals potential value or strategic interest. Investors should consider this as a positive indicator for further due diligence rather than an immediate buy/sell signal, hence a 'hold' recommendation for existing positions and a 'further research' for new positions.

Keywords

Fossil Group, Nantahala Capital Management, Beneficial Ownership, Schedule 13G, Institutional Investor, Common Stock, 34988V106