SCHEDULE: AIGH Capital Management Divests SCPHARMACEUTICALS Stake

Sentiment:

Beneficial Ownership Amendment


AIGH Capital Management LLC and Orin Hirschman have reported a complete divestment of their beneficial ownership in SCPHARMACEUTICALS INC., now holding 0% of common stock.

Summary

  • Reporting Persons, including Orin Hirschman and AIGH Capital Management LLC, have filed an Amendment No. 4 to Schedule 13G.
  • The filing indicates that as of September 30, 2025, the Reporting Persons beneficially own 0 shares of SCPHARMACEUTICALS INC. common stock.
  • This represents 0% of the class of securities.
  • All voting and dispositive powers (sole and shared) are reported as 0.
  • The filing certifies that the securities were acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: Neutral, as it is a factual report of a complete divestment by an investor. It doesn't provide positive or negative operational news for the issuer, but a major investor exiting could be interpreted negatively by some.

Future Outlook

NA

Management Comments

  • We certify that, to the best of our knowledge and belief, 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 ยงยง 240.14a-11.

Industry Context

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

Stakeholder Impact

  • Shareholders: May interpret the complete divestment by AIGH Capital Management as a lack of confidence in SCPHARMACEUTICALS INC., potentially influencing the stock price.

Key Dates

DateDescription
09/30/2025Date of event requiring filing of this statement, indicating Reporting Persons' beneficial ownership became 0%.
11/10/2025Signature date of the Schedule 13G Amendment No. 4.

Keywords

SCPHARMACEUTICALS, AIGH Capital Management, Orin Hirschman, Schedule 13G, beneficial ownership, divestment, common stock, SEC filing

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