SCHEDULE: Iroquois Capital Management Discloses Stake in Iveda Solutions

Iroquois Capital Management LLC, along with Richard Abbe and Kimberly Page, has filed a Schedule 13G detailing their beneficial ownership of Iveda Solutions' common stock, primarily through warrants subject to ownership blockers.

Summary

• Iroquois Capital Management LLC, Richard Abbe, and Kimberly Page (collectively, the "Reporting Persons") have filed an amendment to their Schedule 13G regarding their beneficial ownership of Iveda Solutions' common stock.
• The filing indicates that as of March 31, 2026, the Reporting Persons collectively beneficially owned 585,068 shares of common stock.
• This ownership is primarily derived from warrants held by Iroquois Capital Management LLC and Richard Abbe, which are exercisable for up to 1,000,000 shares and 428,572 shares, respectively.
• These warrants are subject to "4.99% Beneficial Ownership Blockers," which limit the exercise of warrants if doing so would cause the holder to exceed 4.99% of the outstanding common stock.
• Due to these blockers, the Reporting Persons were not able to exercise all of their warrants as of the filing date.
• The total percentage of the class represented by the reported beneficial ownership is 4.99%, taking into account the blockers.
• The filing also references Iveda Solutions' Annual Report on Form 10-K filed on March 31, 2026, which stated 11,139,740 shares of common stock were outstanding as of March 15, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it primarily reports on existing beneficial ownership and warrant holdings, with limitations on immediate exercise due to ownership blockers, rather than announcing new strategic initiatives or financial performance.

Positives

• The Reporting Persons hold a significant stake in Iveda Solutions, indicating confidence in the company's potential.
• The beneficial ownership is reported at 4.99%, just below the threshold that would require a more extensive filing (Schedule 13D), suggesting a strategic approach to ownership.

Negatives

• The "4.99% Beneficial Ownership Blockers" on the warrants prevent the full exercise of these securities, limiting the Reporting Persons' immediate control and potential ownership.
• The inability to exercise all warrants due to ownership limitations suggests potential complexities or restrictions in the warrant agreements.

Risks

• The "4.99% Beneficial Ownership Blockers" on the warrants pose a risk by limiting the ability to exercise the full number of shares, thereby capping potential upside and control.
• The reliance on warrants for a significant portion of the beneficial ownership introduces risk if the underlying stock price does not sufficiently increase to make exercise worthwhile or if the blockers remain a constraint.

Future Outlook

The filing does not contain specific forward-looking statements or guidance from Iveda Solutions. The future outlook for the Reporting Persons' stake is contingent on the exercise of warrants and the performance of Iveda Solutions' common stock, subject to the beneficial ownership blockers.

Management Comments

• "The foregoing should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of shares of Common Stock owned by another Reporting Person. Each of the Reporting Persons disclaim beneficial ownership of these shares, except to the extent of its, his or her pecuniary interest in such shares, if any."
• "The Warrants contain provisions which precludes the exercise of such Warrants to the extent that, following exercise, the holder, together with its affiliates and other attribution parties, would own more than 4.99% of the Common Stock outstanding (the "Beneficial Ownership Blockers")."
• "Consequently, as of the date of the event which requires the filing of this statement, the Reporting Persons were not able to exercise all of the Warrants due to the Beneficial Ownership Blockers."

Industry Context

StockSavvy.ai notes that Schedule 13G filings typically indicate passive investment stakes, often by institutional investors or funds. The presence of beneficial ownership blockers on warrants is a common mechanism to comply with regulatory ownership thresholds while maintaining potential upside. This filing suggests Iroquois Capital Management is a significant, though currently passive, investor in Iveda Solutions.

Stakeholder Impact

• Shareholders: The filing indicates a significant stake held by Iroquois Capital Management, which could influence market perception and trading activity. The limitations on warrant exercise may affect potential dilution or control dynamics.
• Management of Iveda Solutions: The company is aware of the significant beneficial ownership by Iroquois Capital Management, which may be a factor in strategic discussions or future corporate actions.

Next Steps

• The Reporting Persons will continue to monitor their beneficial ownership levels in Iveda Solutions.
• Future actions may depend on changes in Iveda Solutions' stock price and the ability to navigate the beneficial ownership blockers for warrant exercise.

Key Dates

Keywords

Iveda Solutions, Schedule 13G, Iroquois Capital Management, Richard Abbe, Kimberly Page, Beneficial Ownership, Warrants, 4.99% Beneficial Ownership Blockers, SEC Filing, Common Stock