Funicular Funds, LP Reports New 5.3% Stake in Abeona Therapeutics Inc. (ABEO)

On April 6, 2026, Funicular Funds, LP, alongside Cable Car Capital, LP and Jacob Ma-Weaver, filed a Schedule 13G disclosing a new passive ownership stake in Abeona Therapeutics Inc. (ABEO). As of the event date on March 27, 2026, the reporting persons collectively beneficially own 3,007,329 shares of common stock, representing 5.3% of the company's outstanding shares. The filing indicates that Cable Car Capital, LP serves as the General Partner of Funicular Funds, LP, and Jacob Ma-Weaver serves as the Managing Member of Cable Car Capital, LP. Consequently, both entities and Mr. Ma-Weaver may be deemed to share beneficial ownership of the reported shares. The reporting persons have sole voting and dispositive power over the entire position. This acquisition was made in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The calculation of the ownership percentage is based on 57,049,023 shares outstanding as of Abeona's most recent Form 10-K filing.