SCHEDULE: Iroquois Capital Discloses 4.99% Stake in Oblong, Inc.

Iroquois Capital Management, LLC and its principals, Richard Abbe and Kimberly Page, reported a 4.99% beneficial ownership stake in Oblong, Inc. common stock.

Summary

• Iroquois Capital Management, LLC, Richard Abbe, and Kimberly Page (the "Reporting Persons") have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Oblong, Inc.
• As of September 30, 2025, the Reporting Persons collectively beneficially own 168,445 shares of Oblong, Inc. Common Stock.
• This represents 4.99% of the class, calculated based on 3,207,210 shares outstanding as of October 31, 2025, as reported in Oblong, Inc.'s definitive proxy statement filed on November 4, 2025.
• The ownership includes shares issuable upon exercise of Pre-Funded Warrants and Base Warrants.
• These warrants are subject to "Beneficial Ownership Blockers" (9.99% for Pre-Funded Warrants and 4.99% for Base Warrants), which limit the exercise of warrants to prevent ownership exceeding certain thresholds.
• The Reporting Persons are currently prohibited from exercising warrants if it would result in beneficial ownership of more than 160,894 shares of Common Stock.
• The filing certifies that the securities were not acquired for the purpose of changing or influencing control of Oblong, Inc., except for activities related to a nomination under Rule 14a-11.

Sentiment

Score: 5

Explanation: This is a factual disclosure of beneficial ownership, which is neutral in sentiment. The presence of a significant institutional investor can be seen as mildly positive, but the beneficial ownership blockers introduce a slight complexity.

Positives

• A significant institutional investor, Iroquois Capital Management, LLC, maintains a substantial stake in Oblong, Inc., indicating continued interest.
• The filing provides transparency regarding the beneficial ownership structure of a key investor.

Negatives

• The "Beneficial Ownership Blockers" limit the immediate full exercise of warrants, potentially restricting the Reporting Persons' ability to increase their stake beyond the stated thresholds without further action or changes.

Risks

• Beneficial Ownership Blockers: The Pre-Funded Warrants are subject to a 9.99% beneficial ownership blocker, and Base Warrants are subject to a 4.99% beneficial ownership blocker. These provisions limit the Reporting Persons' ability to exercise all warrants and increase their beneficial ownership beyond certain thresholds (currently 160,894 shares), which could impact their influence or potential future investment strategies.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of beneficial ownership by an institutional investor and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake and the limitations on their ability to increase ownership due to beneficial ownership blockers.

Key Dates

Keywords

Oblong Inc, OBLG, Iroquois Capital Management, Richard Abbe, Kimberly Page, Schedule 13G, beneficial ownership, common stock, warrants, pre-funded warrants, beneficial ownership blocker, institutional investor, SEC filing