Funicular Funds LP Reports 5.1% Stake in Alpha Cognition Inc.
Funicular Funds, LP, along with its general partner Cable Car Capital, LP and managing member Jacob Ma-Weaver, have filed a Schedule 13G reporting beneficial ownership of 1,114,747 shares of Alpha Cognition Inc. common stock, representing approximately 5.1% of the outstanding shares. The filing indicates the shares were acquired for investment purposes only and not with the intent to influence control of the company. All three reporting persons (Funicular Funds, Cable Car Capital, and Jacob Ma-Weaver) report identical ownership positions, with each having sole voting and dispositive power over the 1,114,747 shares. The filing was made pursuant to Rule 13d-1(c), which applies to passive investors who have not acquired the securities with the purpose of changing or influencing control of the issuer. The ownership percentage is based on 21,742,104 shares outstanding as reported by Alpha Cognition in its Form 10-Q filed on November 13, 2025.