Intracoastal Capital LLC Reports Zero Percent Stake in AIM ImmunoTech Inc. Following SPA Transaction

2026-05-27SEC Filing SCHEDULE 13G (0001213900-26-061590)

On May 27, 2026, Intracoastal Capital LLC, along with Mitchell P. Kopin and Daniel B. Asher, filed a Schedule 13G regarding their holdings in AIM ImmunoTech Inc. (AIM). The filing reveals that as of May 27, 2026, the reporting persons beneficially own zero shares of common stock, representing a 0.0% ownership stake. This follows a Securities Purchase Agreement (SPA) executed on May 20, 2026, under which Intracoastal was initially set to acquire 1,538,462 shares, which would have represented approximately 8.5% of the company. Additionally, the reporting persons hold warrants to purchase 3,076,924 shares; however, these warrants are currently excluded from beneficial ownership calculations because they are not exercisable until stockholder approval is obtained and are subject to a 4.99% blocker provision. The filing confirms that the reporting persons no longer hold the underlying common stock previously associated with the SPA transaction as of the filing date.

Ticker mentioned:AIMInstitution mentioned:INTRACOASTAL CAPITAL, LLC
Related industry:Biotechnology