Opaleye Management Increases Stake in Alpha Cognition Inc. to 12.03%

On May 22, 2026, Opaleye Management Inc., Opaleye, L.P., and James Silverman filed a Schedule 13G/A regarding their holdings in Alpha Cognition Inc. (ACOG). The filing indicates that the reporting persons collectively beneficially own 2,620,369 shares of common stock, representing 12.03% of the company based on 21,774,104 shares outstanding as of May 14, 2026. This reflects an increase from their previous reported position of 2,561,950 shares (11.77%). The shares are held directly by Opaleye, L.P. and in a managed account advised by Opaleye Management Inc. James Silverman, as the controlling person of the Adviser and General Partner of the Fund, shares voting and dispositive power over the reported securities. The filing was triggered by an event on May 21, 2026, and is designated as a passive investment under Rule 13d-1(c), certifying that the shares were not acquired for the purpose of influencing or changing control of the issuer.