SCHEDULE 13G/A: Investment Funds Disclose Significant Passive Stake in The Glimpse Group, Inc.
Beneficial Ownership Report
Ayrton Capital LLC, Alto Opportunity Master Fund, SPC Segregated Master Portfolio B, and Waqas Khatri collectively report beneficial ownership of 4.94% of The Glimpse Group, Inc.'s common stock as of March 31, 2025.
Summary
- Ayrton Capital LLC, Alto Opportunity Master Fund, SPC Segregated Master Portfolio B, and Waqas Khatri (collectively, the 'Reporting Persons') have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in The Glimpse Group, Inc.
- The Reporting Persons collectively beneficially own 1,040,200 shares of The Glimpse Group, Inc.'s Common Stock.
- This ownership represents 4.94% of the Issuer's outstanding Common Stock, based on 21,043,756 shares outstanding as of February 10, 2025, as reported in the Issuer's Form 10-Q filed on February 13, 2025.
- The shares are held by Alto Opportunity Master Fund, SPC Segregated Master Portfolio B, a Cayman Islands exempted company, for which Ayrton Capital LLC serves as the investment manager.
- Waqas Khatri serves as the managing member of Ayrton Capital LLC and is also a director of Alto Opportunity Master Fund, SPC Segregated Master Portfolio B.
- The Reporting Persons each hold sole voting and sole dispositive power over all 1,040,200 shares.
- 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: 5
Explanation: This filing is a factual disclosure of beneficial ownership and does not contain performance or strategic updates that would indicate a positive or negative sentiment regarding the issuer's operations or financial health.
Positives
- The filing indicates a significant, albeit passive, investment by institutional entities, which can be viewed as a vote of confidence by some investors in The Glimpse Group, Inc.
Negatives
- The document itself does not contain any negative information regarding the issuer's performance or outlook, as it is a beneficial ownership disclosure.
Future Outlook
This document is a beneficial ownership report and does not contain any forward-looking statements or guidance regarding the issuer's future outlook.
Industry Context
This filing is a routine disclosure of passive beneficial ownership by investment entities and does not provide specific insights into broader industry trends or competitive dynamics for The Glimpse Group, Inc.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant passive ownership stakes in the company, informing the market about the composition of the shareholder base.
Key Dates
| Date | Description |
|---|---|
| February 10, 2025 | Date as of which 21,043,756 shares of Common Stock of The Glimpse Group, Inc. were outstanding. |
| February 13, 2025 | Date The Glimpse Group, Inc. filed its Form 10-Q, which stated the number of outstanding shares. |
| March 31, 2025 | Date of event which requires the filing of this statement; the holdings of the Reporting Persons are reported as of this date. |
| May 14, 2025 | Date the Schedule 13G Amendment No. 1 was signed and filed by the Reporting Persons. |
Keywords
The Glimpse Group Inc., GLIMPSE, Ayrton Capital LLC, Alto Opportunity Master Fund, Waqas Khatri, Schedule 13G, beneficial ownership, common stock, investment, SEC filing
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