Form 4: Mindset Value Wellness Fund LP Increases Stake in Grown Rogue International Inc.
SEC Form 4 Filing
Mindset Value Wellness Fund LP and related entities have increased their holdings in Grown Rogue International Inc. through a series of transactions.
Summary
- Mindset Value Wellness Fund LP, along with related entities, has acquired additional shares of Grown Rogue International Inc. common stock.
- The transactions occurred between November 27, 2024, and December 2, 2024.
- A total of 230,810 shares were acquired across multiple transactions at prices of $0.66 and $0.67 per share.
- Following these transactions, the total holdings of the funds amount to 35,296,342 shares.
- The shares are held indirectly by Mindset Value Wellness Fund LP, Mindset Value Fund LP, and W&GP Fund 1 LLC.
- Aaron Edelheit, as Managing Member of Mindset Capital LLC, has the power to vote and dispose of these shares.
Sentiment
Score: 6
Explanation: The document is neutral, reporting a change in ownership. The increased stake could be seen as positive, but there is no explicit positive or negative sentiment.
Positives
- The increased stake by Mindset Value Wellness Fund LP and related entities indicates confidence in Grown Rogue International Inc.
- The purchases at $0.66 and $0.67 per share suggest a belief in the company's value at these levels.
Risks
- The document does not provide any specific risks, but the increased stake could be seen as a risk if the company's performance does not meet expectations.
Industry Context
This filing reflects a change in ownership structure for Grown Rogue International Inc., which is common in the public markets. It does not provide specific context to the broader industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders and large shareholders in publicly traded companies.
- The transactions are typical for investment funds adjusting their positions in a company.
Stakeholder Impact
- The increased stake by Mindset Value Wellness Fund LP could be viewed positively by shareholders, potentially increasing confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 11/27/2024 | Initial share acquisition by Mindset Value Wellness Fund LP. |
| 11/29/2024 | Additional share acquisition by Mindset Value Wellness Fund LP. |
| 12/02/2024 | Final share acquisition by Mindset Value Wellness Fund LP and date of filing. |
Keywords
Grown Rogue International Inc., GRUSF, Mindset Value Wellness Fund LP, Aaron Edelheit, share acquisition, equity, beneficial ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.