Park West Asset Management Acquires 5.1% Stake in Cogent Communications Holdings, Inc.

On May 22, 2026, Park West Asset Management LLC and Peter S. Park filed a Schedule 13G with the SEC, reporting a new 5.1% stake in Cogent Communications Holdings, Inc. (CCOI). The reporting persons collectively beneficially own 2,546,505 shares of common stock as of the event date on May 15, 2026. This position is held through Park West Investors Master Fund, Limited (2,290,035 shares) and Park West Partners International, Limited (256,470 shares), for which Park West Asset Management LLC serves as the investment manager. Peter S. Park, as the controlling manager of the investment firm, shares voting and dispositive power over the reported shares. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The ownership percentage is based on approximately 50.1 million shares outstanding as of April 30, 2026. This filing marks a significant increase from a previously reported zero position, crossing the 5% beneficial ownership threshold.