Nantahala Capital Management Increases Stake in Fossil Group, Inc. to 9.99%

Nantahala Capital Management, LLC, along with its managing members Wilmot B. Harkey and Daniel Mack, filed a Schedule 13G/A on May 15, 2026, reporting a significant increase in their position in Fossil Group, Inc. (FOSL). As of the event date on March 31, 2026, the reporting persons collectively beneficially own 5,876,955 shares of common stock, representing 9.99% of the company. This is a substantial increase from a previous reported position of zero shares. The total share count includes 472,931 shares that may be acquired within sixty days through the exercise of convertible securities. All reported shares are held with shared voting and dispositive power among the reporting persons. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Blackwell Partners LLC - Series A was identified as a fund advised by Nantahala with a significant interest in the dividends or proceeds from these shares.