SCHEDULE: Bigger Capital Discloses 6.64% Stake in Neuraxis

Bigger Capital Fund LP and associated entities have filed a Schedule 13G reporting a 6.64% beneficial ownership stake in Neuraxis, Inc.

Summary

• Bigger Capital Fund LP and its affiliates, led by Michael Bigger, have reported a combined beneficial ownership of 764,196 shares of Neuraxis, Inc. common stock.
• The reported stake represents approximately 6.64% of the company's outstanding common stock based on 11,505,421 shares outstanding as of April 20, 2026.
• The holdings include 755,577 shares held by Bigger Capital Fund LP and 1,460 shares held by District 2 Capital Fund LP, alongside personal holdings by Michael Bigger.
• The filing notes the existence of warrants for an additional 145,504 shares, which are currently subject to a 4.99% beneficial ownership limitation.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine regulatory disclosure indicating institutional accumulation without an activist agenda.

Positives

• Demonstrates institutional investor confidence in the long-term prospects of Neuraxis, Inc.
• The reporting persons have certified that the shares were not acquired for the purpose of changing or influencing the control of the issuer.

Negatives

• The filing highlights that significant portions of potential holdings (warrants) are restricted by a 4.99% beneficial ownership cap, limiting immediate voting power.

Risks

• The 4.99% beneficial ownership limitation on warrants prevents the immediate conversion of these instruments into voting common stock.
• Market volatility could impact the value of the reported 6.64% stake.

Future Outlook

The reporting persons have stated they do not intend to influence or change the control of the issuer, suggesting a passive investment stance.

Industry Context

StockSavvy.ai notes that Schedule 13G filings by investment firms often signal institutional interest in small-cap companies, which can lead to increased liquidity and market attention for the issuer.

Comparison to Industry Standards

• The filing follows standard SEC disclosure requirements for institutional investors exceeding the 5% ownership threshold.
• The use of 4.99% ownership caps on warrants is a common practice among institutional investors to avoid triggering regulatory thresholds or 'change of control' provisions.

Stakeholder Impact

• Shareholders may view the entry of an institutional investor as a positive signal for stock stability.

Next Steps

• The reporting persons may file amendments if there are material changes in their percentage of ownership.

Key Dates

Keywords

Neuraxis, Bigger Capital, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock