Schedule 13D Filing for Airgain, Inc.

2026-03-19SEC Filing SCHEDULE 13D (0001398344-26-005441)

This Schedule 13D filing pertains to Airgain, Inc. and details the beneficial ownership of its common stock. Timothy O'Connell, Haluk L. Bayraktar, and Emre Aciksoz are the reporting persons. O'Connell, a US citizen, is an investor. Bayraktar, a Turkish citizen, is CEO of Baykar Technologies. Aciksoz, a Turkish citizen, is also an investor. Collectively, they may be considered a group, beneficially owning 960,375 shares, representing 7.9% of the outstanding common stock. The shares were acquired using individual investment capital, with an aggregate purchase price of approximately $4,636,451. The reporting persons believe the shares are undervalued and that the Issuer's Board has been ineffective in creating shareholder value, citing a significant stock price decline since the IPO and a lack of dividends. They estimate a potential sale of the company could yield $11-$13 per share. The reporting persons intend to engage with the Issuer's management and Board regarding these concerns and may seek to replace board members to facilitate a sale or other value-maximizing transaction. They also plan to engage with other shareholders and will continue to review their investment.