David A. Lorber Increases Stake in PhenixFIN Corp to 12.9% via Open Market Purchase

David A. Lorber filed Amendment No. 6 to his Schedule 13D on May 14, 2026, reporting an increased stake in PhenixFIN Corp (PFX). Mr. Lorber now beneficially owns 248,576 shares of common stock, representing approximately 12.9% of the company based on 1,932,600 shares outstanding. This total includes 245,198 shares held directly and 3,378 shares held in his spouse's IRA. The filing was triggered by an open-market purchase on May 12, 2026, where Mr. Lorber acquired 42,065 shares at a weighted average price of $39.95 per share, ranging from $39.00 to $40.00. The total investment for his current holdings is approximately $7,896,209, funded through personal capital and previous in-kind distributions from FrontFour Master Fund Ltd. While prior amendments included FrontFour entities, Mr. Lorber is now the sole reporting person as those entities ceased reporting status in the previous amendment. This transaction demonstrates a significant continued accumulation of shares by Lorber.