SCHEDULE 13G/A: AIGH Capital Management and Orin Hirschman Disclose 8.2% Stake in Intellicheck, Inc.

Sentiment:

Beneficial Ownership Report (Schedule 13G Amendment)


AIGH Capital Management LLC and Orin Hirschman have jointly filed an amendment to their Schedule 13G, reporting a beneficial ownership of 8.2% of Intellicheck, Inc.'s common stock as of December 31, 2024.

Summary

  • Orin Hirschman, AIGH Capital Management LLC, and AIGH Investment Partners LLC (collectively, 'Reporting Persons') have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Intellicheck, Inc.
  • As of December 31, 2024, the Reporting Persons collectively beneficially own 1,617,696 shares of Intellicheck, Inc. Common Stock.
  • This ownership represents 8.2% of the total outstanding shares of Intellicheck, Inc.'s Common Stock.
  • The Reporting Persons hold sole voting power and sole dispositive power over all 1,617,696 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, nor in connection with any transaction having such purpose or effect, other than activities solely related to a nomination under Rule 14a-11.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently convey positive or negative sentiment regarding the company's performance or outlook. It is a neutral regulatory filing.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of significant beneficial ownership by an investment entity and its principals, common in the financial industry for transparency regarding large stakes in publicly traded companies. It does not provide specific insights into Intellicheck, Inc.'s operational performance or industry position beyond the ownership structure.

Stakeholder Impact

  • Shareholders: Provides transparency regarding a significant ownership stake held by AIGH Capital Management and Orin Hirschman, indicating their continued investment in Intellicheck, Inc.

Key Dates

DateDescription
12/31/2024Date of event which requires filing of this statement (reporting period end date for ownership calculation).
01/31/2025Date of filing of this Schedule 13G Amendment No. 1.

Keywords

Intellicheck Inc., AIGH Capital Management, Orin Hirschman, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment, Shareholder

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