SCHEDULE 13G: Intracoastal Capital and Affiliates Disclose 2.6% Stake in Venus Concept Inc.

Intracoastal Capital LLC, along with Mitchell P. Kopin and Daniel B. Asher, has disclosed a beneficial ownership of 2.6% in Venus Concept Inc.'s common stock, totaling 37,776 shares.

Summary

• Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC (collectively, the "Reporting Persons") have filed a Schedule 13G disclosing their beneficial ownership in Venus Concept Inc.
• As of April 15, 2025, the Reporting Persons collectively beneficially own 37,776 shares of Venus Concept Inc. common stock.
• This ownership represents approximately 2.6% of the company's common stock outstanding.
• The 37,776 shares consist of 606 shares issuable upon exercise of "Intracoastal Warrant 1" and 37,170 shares issuable upon exercise of "Intracoastal Warrant 2."
• Both warrants contain a blocker provision preventing exercise if it would result in beneficial ownership exceeding 4.99% of the common stock.
• Immediately following the execution of a Securities Purchase Agreement (SPA) on April 9, 2025, the Reporting Persons were deemed to have beneficial ownership of 78,000 shares (approximately 9.9%), excluding the blocker provisions.
• Without the blocker provisions, the Reporting Persons would have been deemed to beneficially own 115,776 shares of Common Stock.
• The shares were not acquired for the purpose of changing or influencing control of the issuer, except for activities solely in connection with a nomination under Rule 240.14a-11.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It provides no operational or financial performance updates to indicate positive or negative sentiment.

Risks

• The Reporting Persons' stated purpose for holding the securities includes activities solely in connection with a nomination under Rule 240.14a-11, indicating potential for shareholder activism related to board composition.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of a significant ownership stake by an investment entity and individuals, common in the public markets. It does not provide specific insights into broader industry trends for medical aesthetics or healthcare technology, which is Venus Concept Inc.'s primary industry.

Corporate Governance

Related Party Transactions

• The Securities Purchase Agreement (SPA) between Venus Concept Inc. and Intracoastal Capital LLC, which led to the issuance of shares and warrants, represents a transaction between the issuer and a significant investor.

Stakeholder Impact

• Shareholders: The disclosure of a significant ownership stake by an investment group provides transparency regarding the company's ownership structure and potential for future shareholder engagement, particularly concerning board nominations.

Next Steps

• The Reporting Persons may engage in activities solely in connection with a nomination under Rule 240.14a-11.

Key Dates

Keywords

Venus Concept Inc., Intracoastal Capital LLC, Mitchell P. Kopin, Daniel B. Asher, Schedule 13G, beneficial ownership, common stock, SEC filing, shareholder stake, warrants, blocker provision