SCHEDULE 13G/A: Solas Capital Management and Frederick Golden Disclose 6.8% Stake in SANUWAVE Health
Beneficial Ownership Disclosure
Solas Capital Management, LLC and Frederick Tucker Golden have filed an amended Schedule 13G, disclosing a shared beneficial ownership of 584,048 shares, representing 6.8% of SANUWAVE Health, Inc.'s common stock as of March 31, 2025.
Summary
- Solas Capital Management, LLC and Frederick Tucker Golden jointly reported beneficial ownership of 584,048 shares of SANUWAVE Health, Inc. common stock.
- This ownership represents 6.8% of the company's outstanding common stock.
- The percentage is based on 8,548,473 shares outstanding as of March 18, 2025, as reported by SANUWAVE Health, Inc. in its Form 10-K filed on March 20, 2025.
- Both Solas Capital Management, LLC and Frederick Tucker Golden have shared voting and shared dispositive power over all 584,048 shares.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: Neutral. A Schedule 13G is a factual disclosure of passive ownership and does not inherently convey positive or negative sentiment about the company's performance or prospects.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- This filing informs shareholders and the market about a significant passive ownership stake by Solas Capital Management, LLC and Frederick Tucker Golden, potentially influencing investor perception of the stock.
Key Dates
| Date | Description |
|---|---|
| 2025-03-18 | Date as of which the registrant's common stock outstanding (8,548,473 shares) was reported in Form 10-K. |
| 2025-03-20 | Date SANUWAVE Health, Inc. filed its Form 10-K with the SEC. |
| 2025-03-31 | Date of event which requires filing of this statement (beneficial ownership threshold met/changed). |
| 2025-05-15 | Date of signing and filing of this Schedule 13G Amendment No. 2. |
Keywords
SANUWAVE Health, SWAV, Schedule 13G, Beneficial Ownership, Solas Capital Management, Frederick Tucker Golden, Common Stock, Investment Adviser, SEC Filing
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