SCHEDULE 13G: AIGH Capital Management and Orin Hirschman Disclose 9.5% Passive Stake in Renovorx, Inc.

AIGH Capital Management, LLC and its managing member Orin Hirschman have disclosed a passive 9.5% beneficial ownership stake in Renovorx, Inc. as of March 31, 2025.

Summary

• AIGH Capital Management, LLC, AIGH Investment Partners, L.L.C., and Orin Hirschman (collectively, the "Reporting Persons") have jointly filed a Schedule 13G.
• The filing indicates beneficial ownership of 3,467,275 shares of Renovorx, Inc. Common Stock.
• This represents 9.5% of the total outstanding shares of Renovorx, Inc. as of the event date.
• The Reporting Persons hold sole voting power and sole dispositive power over all 3,467,275 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 Renovorx, Inc.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a routine disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or outlook. The filing explicitly states the investment is passive and not for control purposes.

Future Outlook

NA

Management Comments

• "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This filing indicates a significant institutional investment in Renovorx, Inc., which is a common occurrence for publicly traded companies as institutional investors build positions. The passive nature of the filing suggests the investment is for portfolio purposes rather than an activist stance, aligning with typical institutional investment strategies.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake by AIGH Capital Management and Orin Hirschman may be viewed positively by some investors as it signals institutional confidence in Renovorx, Inc., potentially increasing liquidity or stability in the stock.

Key Dates

Keywords

Renovorx, AIGH Capital Management, Orin Hirschman, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Passive Investment