SCHEDULE: Intracoastal Capital Discloses 9.99% Stake in Innovative Eyewear

Intracoastal Capital LLC, along with Mitchell P. Kopin and Daniel B. Asher, reported a 9.99% beneficial ownership stake in Innovative Eyewear, Inc. as of June 30, 2025.

Summary

• Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC collectively reported beneficial ownership of 475,728 shares of Innovative Eyewear, Inc. common stock.
• This aggregate amount represents approximately 9.99% of the company's common stock outstanding.
• The ownership includes 288,282 shares directly held by Intracoastal Capital LLC and 187,446 shares issuable upon the exercise of Intracoastal Warrant 1.
• The calculation of the 9.99% beneficial ownership is based on 4,574,602 shares of common stock outstanding as of June 30, 2025, as reported by the Issuer, plus the 187,446 shares from Intracoastal Warrant 1.
• The reporting persons hold shared voting and dispositive power over all 475,728 beneficially owned shares.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain qualitative statements or performance metrics that would indicate a positive or negative sentiment. It is neutral.

Positives

• The disclosure of a significant 9.99% stake by an institutional investor group, including Intracoastal Capital LLC, may signal confidence in Innovative Eyewear, Inc.'s long-term prospects.
• The filing indicates a passive investment intent, as certified by the reporting persons, which typically suggests no immediate plans to seek control or influence management beyond potential nominations.

Negatives

• NA

Risks

• Warrants held by Intracoastal Capital LLC (Intracoastal Warrant 1, 2, 3, 4, and 5) contain blocker provisions that prevent their exercise if it would result in beneficial ownership exceeding 9.99% (for Warrants 1 and 2) or 4.99% (for Warrants 3, 4, and 5) of the common stock. This limits the reporting persons' ability to increase their stake beyond these thresholds through warrant exercise.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of beneficial ownership and does not provide specific industry context or trends. It reflects an investment decision by a specific entity within the broader market for eyewear technology.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by an institutional investor group may influence market perception and trading activity for Innovative Eyewear, Inc. shares.

Key Dates

Recommendation

This Schedule 13G filing primarily serves as a disclosure of beneficial ownership, indicating a significant 9.99% stake held by Intracoastal Capital LLC and its affiliates. While a substantial stake by an institutional investor can be viewed positively as a vote of confidence, the filing itself does not provide financial performance data, strategic updates, or forward-looking guidance necessary for a 'buy' or 'sell' recommendation. The presence of blocker provisions on warrants suggests a passive investment intent, limiting immediate activist potential. Therefore, a 'hold' recommendation is appropriate, pending further financial disclosures or strategic announcements from the company.

Keywords

Innovative Eyewear, Intracoastal Capital, Beneficial Ownership, SEC Filing, Schedule 13G, Common Stock, Warrants, Investment, Shareholder