SCHEDULE: L1 Capital Discloses 1.01% Stake in Helius Medical

Sentiment:

Beneficial Ownership Report


L1 Capital Global Opportunities Master Fund, Ltd. has filed an amended Schedule 13G, disclosing a 1.01% beneficial ownership stake in Helius Medical Technologies, Inc.

Capital raiseThe filing references shares and underlying warrants purchased on June 6, 2025.It refers to an "offering" and a "Prospectus filed under Rule 424(b)(4) with the Securities and Exchange Commission on June 6, 2025."The calculation of percentage ownership is based on shares outstanding "after the offering."

Summary

  • L1 Capital Global Opportunities Master Fund, Ltd. reported beneficial ownership of 640 shares of Helius Medical Technologies, Inc. common stock.
  • This ownership represents 1.01% of the company's common stock outstanding.
  • The reported shares consist of 203 shares of common stock and 437 shares underlying warrants.
  • This filing is an Amendment No. 1 to a Schedule 13G previously filed on June 13, 2025.
  • The percentage ownership is calculated based on 63,102 post-split common shares outstanding as of June 6, 2025, following a 1-for-50 reverse stock split effective June 30, 2025.

Sentiment

Score: 5

Explanation: This is a neutral, factual disclosure of beneficial ownership, not indicative of positive or negative company performance.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders: Provides transparency regarding institutional ownership, potentially signaling institutional interest in the company.

Key Dates

DateDescription
2025-06-06Shares and underlying warrants purchased; date of prospectus filing and shares outstanding calculation.
2025-06-13Original Schedule 13G filing date.
2025-06-30Effective date of Helius Medical Technologies' 1-for-50 reverse stock split.
2025-08-14Date of event requiring this Schedule 13G Amendment No. 1 filing.

Keywords

Helius Medical Technologies, L1 Capital, Schedule 13G, Beneficial Ownership, Common Stock, Warrants, Medical Technology, Investment Fund, SEC Filing

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