SCHEDULE 13G/A: Orca Capital AG Discloses 4.9% Stake in Venus Concept Inc. Common Stock

Orca Capital AG has filed an amended Schedule 13G, disclosing a 4.9% beneficial ownership stake in Venus Concept Inc., holding 101,748 common shares.

Summary

• Orca Capital AG beneficially owns 101,748 shares of Venus Concept Inc. common stock, representing 4.9% of the outstanding class.
• The ownership percentage is calculated based on an aggregate of 1,859,123 shares of Common Stock outstanding immediately after Venus Concept Inc.'s registered offering.
• Orca Capital AG also holds warrants for 115,612 shares of Common Stock, but these are subject to a 4.99% blocker, preventing exercise if it would result in beneficial ownership exceeding 4.99% of the Issuer's outstanding Common Stock.
• This filing is Amendment No. 3 to the Schedule 13G, indicating an update to previously reported ownership.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Management Comments

• Orca Capital AG certifies that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Venus Concept Inc.

Industry Context

This document is a specific disclosure of an institutional investor's stake in Venus Concept Inc. and does not provide broader industry trends or context.

Stakeholder Impact

• Shareholders: Disclosure of a significant institutional holder (Orca Capital AG) holding 4.9% of common stock, providing transparency on the ownership structure.

Key Dates

Keywords

Venus Concept Inc., Orca Capital AG, Schedule 13G, beneficial ownership, common stock, SEC filing, institutional investor, equity stake, warrants, 4.99% blocker