SCHEDULE 13G/A: Clear Harbor Asset Management Discloses 4.44% Stake in Intellicheck, Inc.

Clear Harbor Asset Management, LLC has disclosed a 4.44% beneficial ownership stake in Intellicheck, Inc. as of March 31, 2025, according to its latest Schedule 13G filing.

Summary

• Clear Harbor Asset Management, LLC, an investment adviser based in New York, has filed an Amendment No. 9 to Schedule 13G regarding its beneficial ownership in Intellicheck, Inc.
• As of March 31, 2025, Clear Harbor Asset Management, LLC beneficially owns 880,290 shares of Intellicheck, Inc.'s common stock.
• This ownership represents 4.44% of the class of securities, which is below the 5% threshold that would typically trigger a Schedule 13D filing for active intent.
• The reporting person holds sole voting power over all 880,290 shares and sole dispositive power over all 880,290 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 Intellicheck, Inc.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently lead to a positive or negative sentiment beyond the neutral act of an institutional investor holding a stake.

Positives

• The filing indicates that an institutional investment adviser, Clear Harbor Asset Management, LLC, holds a significant stake in Intellicheck, Inc., which can be viewed as a vote of confidence in the company's prospects.

Management Comments

• Ian Armstrong, Chief Operating Officer of Clear Harbor Asset Management, LLC, certified that, to the best of his knowledge and belief, the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of the issuer.

Industry Context

A Schedule 13G filing is a mandatory disclosure by institutional investors who acquire beneficial ownership of more than 5% of a class of a company's voting equity securities, but who do not intend to influence or control the company. This filing indicates a passive investment, distinguishing it from a Schedule 13D, which implies an intent to influence management or control. This specific filing is an amendment, suggesting an ongoing disclosure of their position.

Stakeholder Impact

• Shareholders: The disclosure of an institutional investor's stake provides transparency regarding the company's ownership structure and may offer a signal of institutional confidence, though this is a passive investment.

Key Dates

Keywords

Intellicheck Inc., Clear Harbor Asset Management, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Adviser, Equity Stake