SCHEDULE: Streeterville Capital Discloses 9.99% Stake in Xiao-I Corp

Streeterville Capital LLC, along with its affiliates, has disclosed a 9.99% beneficial ownership stake in Xiao-I Corp's Ordinary Shares.

Summary

• Streeterville Capital LLC, Streeterville Management LLC, and John M. Fife collectively reported beneficial ownership of 3,191,708 Ordinary Shares of Xiao-I Corp.
• This ownership represents 9.99% of the 31,949,038 Ordinary Shares outstanding as of December 31, 2024, as reported in Xiao-I Corp's 20-F filed on May 15, 2025.
• The beneficial ownership is held by Streeterville Capital LLC, with Streeterville Management LLC acting as its manager and John M. Fife as the sole member of Streeterville Management LLC.
• The reporting persons have sole voting power and sole dispositive power over all 3,191,708 shares.
• The ownership stems from rights under a Convertible Promissory Note, subject to a contractual cap of 9.99% on the amount of outstanding shares Streeterville may own.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive development, as it confirms a significant institutional investor's stake in Xiao-I Corp, which can be interpreted as a vote of confidence, albeit within a contractual ownership cap.

Positives

• The disclosure of a significant 9.99% stake by an institutional investor like Streeterville Capital LLC can signal confidence in Xiao-I Corp's future prospects.
• The investment is structured via a Convertible Promissory Note, indicating a prior financing arrangement that has now resulted in a substantial equity position.

Future Outlook

The filing does not provide forward-looking statements or guidance from Xiao-I Corp's management, focusing solely on the beneficial ownership disclosure by Streeterville Capital LLC.

Industry Context

StockSavvy.ai notes that significant institutional ownership disclosures, such as this 9.99% stake by Streeterville Capital, are common in the market. For companies like Xiao-I Corp, operating in potentially high-growth sectors, attracting such investments can be a positive signal, indicating external validation of their business model or market position. This type of filing primarily reflects an investor's position rather than the company's operational performance or strategic direction.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional investor holding a 9.99% stake may enhance market confidence and potentially influence stock valuation positively, as it signals institutional interest and oversight.

Key Dates

Recommendation

The filing is a disclosure of beneficial ownership by an institutional investor and does not contain information about the company's operational performance, financial results, or future guidance. While a significant institutional stake can be a positive signal, it does not provide sufficient new information to warrant a change in investment recommendation based solely on this filing. Investors should 'hold' and await further operational or financial updates from Xiao-I Corp.

Keywords

Xiao-I Corp, Streeterville Capital, Beneficial Ownership, Schedule 13G, Institutional Investor, Convertible Promissory Note, Ordinary Shares, Equity Stake, Shareholder