Nantahala Capital Management Increases Stake in Gogo Inc. to 6.59%

On May 15, 2026, Nantahala Capital Management, LLC, along with its managing members Wilmot B. Harkey and Daniel Mack, filed an amended Schedule 13G (Amendment No. 1) regarding their holdings in Gogo Inc. (GOGO). The filing discloses that as of March 31, 2026, the reporting persons collectively exercise shared voting and dispositive power over 8,882,036 shares of common stock. This represents a 6.59% ownership stake in the company, a significant increase from the 0.0% previously reported. The shares are held by various funds and separately managed accounts under the control of Nantahala Capital Management. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. Nantahala is based in New Canaan, Connecticut, and operates as an investment adviser. The reporting persons have shared power over all reported shares, with no sole voting or dispositive power disclosed.