[SCHEDULE 13G/A] CEMTREX INC. SEC Filing
This Schedule 13G/A discloses that Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC (the Reporting Persons) are each deemed to beneficially own 336,801 shares of Cemtrex Inc. common stock, representing approximately 9.99% of the company鈥檚 outstanding common stock as presented in the filing. The shares reported are issuable upon exercise of a warrant held by Intracoastal (Intracoastal Warrant 1).
Each Reporting Person has shared voting and shared dispositive power over 336,801 shares and no sole voting or dispositive power. The filing explains that blocker provisions in Intracoastal Warrant 1 and Intracoastal Warrant 2 prevent exercise to the extent doing so would increase ownership above 9.99% and 4.99%, respectively, thereby excluding 1,671,598 and 142,778 warrant shares from current beneficial ownership calculations. Without those blocker provisions, the Reporting Persons may be deemed to beneficially own 2,151,177 shares.
La Schedule 13G/A indica che Mitchell P. Kopin, Daniel B. Asher e Intracoastal Capital LLC (le Persone dichiarante) sono considerati ciascuno titolari benefici di 336,801 azioni ordinarie di Cemtrex Inc., pari a circa 9.99% del capitale sociale in circolazione secondo la comunicazione. Le azioni segnalate sono esercitabili tramite un warrant detenuto da Intracoastal (Intracoastal Warrant 1).
Ogni Persona dichiarante detiene potere di voto condiviso e potere dispositivo condiviso su 336,801 azioni e non dispone di potere di voto o dispositivi esclusivi. La dichiarazione precisa che clausole di blocco nei warrant Intracoastal Warrant 1 e Intracoastal Warrant 2 impediscono l鈥檈sercizio nella misura in cui aumenterebbe la partecipazione oltre il 9.99% e il 4.99%, rispettivamente, escludendo cos矛 1,671,598 e 142,778 azioni di warrant dai calcoli della propriet脿 attuale. Senza tali clausole di blocco, le Persone dichiarante potrebbero essere considerate titolari benefici di 2,151,177 azioni.
Este Schedule 13G/A revela que Mitchell P. Kopin, Daniel B. Asher e Intracoastal Capital LLC (las Personas Informantes) son cada una consideradas titulares beneficiarios de 336,801 acciones ordinarias de Cemtrex Inc., lo que representa aproximadamente el 9.99% del capital social en circulaci贸n seg煤n la presentaci贸n. Las acciones notificadas pueden ejercerse mediante un warrant en poder de Intracoastal (Intracoastal Warrant 1).
Cada Persona Informante tiene poder de voto compartido y poder dispositivo compartido sobre 336,801 acciones y no tiene poder de voto ni dispositivo exclusivo. La presentaci贸n explica que cl谩usulas de bloqueo en Intracoastal Warrant 1 e Intracoastal Warrant 2 impiden el ejercicio en la medida en que aumentara la participaci贸n por encima del 9.99% y del 4.99%, respectivamente, excluyendo as铆 1,671,598 y 142,778 acciones de warrant de los c谩lculos de propiedad actuales. Sin esas cl谩usulas de bloqueo, las Personas Informantes podr铆an considerarse titulares beneficiarios de 2,151,177 acciones.
氤� Schedule 13G/A電� Mitchell P. Kopin, Daniel B. Asher 氚� Intracoastal Capital LLC(鞁犼碃鞚鸽摛)臧� 臧侁皝 Cemtrex Inc.鞚� 氤错喌欤� 336,801欤茧ゼ 鞁れ鞝� 靻岇湢鞛愲 臧勳＜霅橂┌, 鞚措姅 鞝滌稖靹滊鞐� 霐半ジ 須岇偓 氚滍枆 氤错喌欤检潣 鞎� 9.99%鞐� 頃措嫻頃滊嫟瓿� 氚濏灆雼堧嫟. 氤搓碃霅� 欤检嫕鞚� Intracoastal臧� 氤挫湢頃� 鞗岆煱韸�(Intracoastal Warrant 1)毳� 頄夓偓頃溂搿滌崹 旆摑 臧�電ロ暕雼堧嫟.
臧� 鞁犼碃鞚胳潃 336,801欤检棎 雽�頃� 瓿惦彊 鞚橁舶甓� 氚� 瓿惦彊 觳橂秳甓�鞚� 氤挫湢頃橁碃 鞛堨溂氅�, 雼弲 鞚橁舶甓� 霕愲姅 雼弲 觳橂秳甓岇潃 鞐嗢姷雼堧嫟. 鞝滌稖靹滊電� Intracoastal Warrant 1 氚� Intracoastal Warrant 2鞚� 彀嫧 臁绊暛鞚� 臧侁皝 氤挫湢 歆�攵勳潉 9.99% 氚� 4.99%毳� 雱橁赴歆� 鞎婋弰搿� 頄夓偓毳� 鞝滍暅頃橃棳, 攴� 瓴瓣臣 1,671,598欤� 氚� 142,778欤检棎 頃措嫻頃橂姅 鞗岆煱韸� 欤检嫕鞚� 順勳灛鞚� 鞁れ鞝� 靻岇湢 瓿勳偘鞐愳劀 鞝滌櫢頃滊嫟瓿� 靹る獏頃╇媹雼�. 鞚措煬頃� 彀嫧 臁绊暛鞚� 鞐嗢棃雼る┐ 鞁犼碃鞚鸽摛鞚� 2,151,177欤茧ゼ 鞁れ鞝� 靻岇湢搿� 臧勳＜霅� 靾� 鞛堨姷雼堧嫟.
Ce Schedule 13G/A indique que Mitchell P. Kopin, Daniel B. Asher et Intracoastal Capital LLC (les personnes d茅clarante) sont chacun r茅put茅s d茅tenir 脿 titre b茅n茅ficiaire 336,801 actions ordinaires de Cemtrex Inc., ce qui repr茅sente environ 9.99% des actions ordinaires en circulation selon le d茅p么t. Les actions signal茅es peuvent 锚tre obtenues par l鈥檈xercice d鈥檜n warrant d茅tenu par Intracoastal (Intracoastal Warrant 1).
Chaque personne d茅clarante poss猫de des droits de vote partag茅s et un pouvoir de disposition partag茅 sur 336,801 actions et n鈥檃 aucun droit de vote ou pouvoir de disposition exclusif. Le d茅p么t explique que des clauses de blocage dans Intracoastal Warrant 1 et Intracoastal Warrant 2 emp锚chent l鈥檈xercice dans la mesure o霉 celui-ci ferait d茅passer la participation 脿 9.99% et 脿 4.99%, respectivement, excluant ainsi 1,671,598 et 142,778 actions de warrant des calculs de d茅tention actuels. Sans ces clauses de blocage, les personnes d茅clarante pourraient 锚tre consid茅r茅es comme d茅tenant 脿 titre b茅n茅ficiaire 2,151,177 actions.
Diese Schedule 13G/A gibt an, dass Mitchell P. Kopin, Daniel B. Asher und Intracoastal Capital LLC (die meldenden Personen) jeweils als wirtschaftliche Eigent眉mer von 336,801 Aktien der Stammaktien von Cemtrex Inc. gelten, was laut der Meldung etwa 9.99% der ausstehenden Stammaktien des Unternehmens entspricht. Die gemeldeten Aktien sind durch Aus眉bung eines von Intracoastal gehaltenen Warrants (Intracoastal Warrant 1) erwerbbar.
Jede meldende Person verf眉gt 眉ber gemeinsame Stimmrechte und gemeinsame Verf眉gungsbefugnis an 336,801 Aktien und hat keine alleing盲ngigen Stimmrechte oder Verf眉gungsbefugnis. Die Meldung erl盲utert, dass Sperrklauseln in Intracoastal Warrant 1 und Intracoastal Warrant 2 die Aus眉bung insoweit verhindern, als dadurch das Eigentum 眉ber 9.99% bzw. 4.99% hinaus erh枚ht w眉rde, wodurch jeweils 1,671,598 bzw. 142,778 Warrant-Aktien von der aktuellen Berechnung des wirtschaftlichen Eigentums ausgeschlossen werden. Ohne diese Sperrklauseln k枚nnten die meldenden Personen als wirtschaftliche Eigent眉mer von 2,151,177 Aktien gelten.
- Transparency: The filing clearly discloses that the Reporting Persons are each deemed to beneficially own 336,801 shares, representing 9.99% of Cemtrex common stock.
- Detail on warrants: The document explains the specific warrants (Intracoastal Warrant 1 and 2) and quantifies excluded shares and the hypothetical total of 2,151,177 shares without blocker provisions.
- No sole control: Each Reporting Person reports 0 sole voting power and 0 sole dispositive power; authority is shared.
- Exercise limited by blockers: Intracoastal Warrant 1 and Warrant 2 contain blocker provisions excluding 1,671,598 and 142,778 shares respectively from current ownership calculations.
- Concentration near threshold: The reported 9.99% position sits at a regulatory/ownership threshold, which is material to capital structure and governance considerations.
Insights
TL;DR A near-10% aggregated position is disclosed via warrants; blocker provisions limit immediate exercise and reported ownership.
The filing shows each Reporting Person is attributed 336,801 shares, or 9.99% of Cemtrex common stock on the stated basis. Those shares are tied to a warrant held by Intracoastal and the reporting basis references 3,034,581 shares outstanding following the referenced offering. Important for capital structure analysis are the blocker provisions that exclude large tranches of warrant shares (1,671,598 and 142,778 shares) from the reported beneficial ownership, and the statement that without the blockers the group could be deemed to beneficially own 2,151,177 shares. For valuation and control analysis, note the group reports only shared voting and dispositive power and no sole power.
TL;DR Disclosure documents a significant group stake but shows structural limits on exercising control through blocker provisions and shared authority.
The report is clear on governance-relevant facts: the Reporting Persons are identified, their citizenships and principal business addresses are provided, and ownership is reported as shared voting/dispositive power of 336,801 shares each. Blocker provisions in two warrants explicitly cap potential exercises at 9.99% and 4.99%, which materially constrain the group鈥檚 ability to increase voting influence through warrant exercises. The filing is a routine, transparent governance disclosure with material figures for board and investor analysis.
La Schedule 13G/A indica che Mitchell P. Kopin, Daniel B. Asher e Intracoastal Capital LLC (le Persone dichiarante) sono considerati ciascuno titolari benefici di 336,801 azioni ordinarie di Cemtrex Inc., pari a circa 9.99% del capitale sociale in circolazione secondo la comunicazione. Le azioni segnalate sono esercitabili tramite un warrant detenuto da Intracoastal (Intracoastal Warrant 1).
Ogni Persona dichiarante detiene potere di voto condiviso e potere dispositivo condiviso su 336,801 azioni e non dispone di potere di voto o dispositivi esclusivi. La dichiarazione precisa che clausole di blocco nei warrant Intracoastal Warrant 1 e Intracoastal Warrant 2 impediscono l鈥檈sercizio nella misura in cui aumenterebbe la partecipazione oltre il 9.99% e il 4.99%, rispettivamente, escludendo cos矛 1,671,598 e 142,778 azioni di warrant dai calcoli della propriet脿 attuale. Senza tali clausole di blocco, le Persone dichiarante potrebbero essere considerate titolari benefici di 2,151,177 azioni.
Este Schedule 13G/A revela que Mitchell P. Kopin, Daniel B. Asher e Intracoastal Capital LLC (las Personas Informantes) son cada una consideradas titulares beneficiarios de 336,801 acciones ordinarias de Cemtrex Inc., lo que representa aproximadamente el 9.99% del capital social en circulaci贸n seg煤n la presentaci贸n. Las acciones notificadas pueden ejercerse mediante un warrant en poder de Intracoastal (Intracoastal Warrant 1).
Cada Persona Informante tiene poder de voto compartido y poder dispositivo compartido sobre 336,801 acciones y no tiene poder de voto ni dispositivo exclusivo. La presentaci贸n explica que cl谩usulas de bloqueo en Intracoastal Warrant 1 e Intracoastal Warrant 2 impiden el ejercicio en la medida en que aumentara la participaci贸n por encima del 9.99% y del 4.99%, respectivamente, excluyendo as铆 1,671,598 y 142,778 acciones de warrant de los c谩lculos de propiedad actuales. Sin esas cl谩usulas de bloqueo, las Personas Informantes podr铆an considerarse titulares beneficiarios de 2,151,177 acciones.
氤� Schedule 13G/A電� Mitchell P. Kopin, Daniel B. Asher 氚� Intracoastal Capital LLC(鞁犼碃鞚鸽摛)臧� 臧侁皝 Cemtrex Inc.鞚� 氤错喌欤� 336,801欤茧ゼ 鞁れ鞝� 靻岇湢鞛愲 臧勳＜霅橂┌, 鞚措姅 鞝滌稖靹滊鞐� 霐半ジ 須岇偓 氚滍枆 氤错喌欤检潣 鞎� 9.99%鞐� 頃措嫻頃滊嫟瓿� 氚濏灆雼堧嫟. 氤搓碃霅� 欤检嫕鞚� Intracoastal臧� 氤挫湢頃� 鞗岆煱韸�(Intracoastal Warrant 1)毳� 頄夓偓頃溂搿滌崹 旆摑 臧�電ロ暕雼堧嫟.
臧� 鞁犼碃鞚胳潃 336,801欤检棎 雽�頃� 瓿惦彊 鞚橁舶甓� 氚� 瓿惦彊 觳橂秳甓�鞚� 氤挫湢頃橁碃 鞛堨溂氅�, 雼弲 鞚橁舶甓� 霕愲姅 雼弲 觳橂秳甓岇潃 鞐嗢姷雼堧嫟. 鞝滌稖靹滊電� Intracoastal Warrant 1 氚� Intracoastal Warrant 2鞚� 彀嫧 臁绊暛鞚� 臧侁皝 氤挫湢 歆�攵勳潉 9.99% 氚� 4.99%毳� 雱橁赴歆� 鞎婋弰搿� 頄夓偓毳� 鞝滍暅頃橃棳, 攴� 瓴瓣臣 1,671,598欤� 氚� 142,778欤检棎 頃措嫻頃橂姅 鞗岆煱韸� 欤检嫕鞚� 順勳灛鞚� 鞁れ鞝� 靻岇湢 瓿勳偘鞐愳劀 鞝滌櫢頃滊嫟瓿� 靹る獏頃╇媹雼�. 鞚措煬頃� 彀嫧 臁绊暛鞚� 鞐嗢棃雼る┐ 鞁犼碃鞚鸽摛鞚� 2,151,177欤茧ゼ 鞁れ鞝� 靻岇湢搿� 臧勳＜霅� 靾� 鞛堨姷雼堧嫟.
Ce Schedule 13G/A indique que Mitchell P. Kopin, Daniel B. Asher et Intracoastal Capital LLC (les personnes d茅clarante) sont chacun r茅put茅s d茅tenir 脿 titre b茅n茅ficiaire 336,801 actions ordinaires de Cemtrex Inc., ce qui repr茅sente environ 9.99% des actions ordinaires en circulation selon le d茅p么t. Les actions signal茅es peuvent 锚tre obtenues par l鈥檈xercice d鈥檜n warrant d茅tenu par Intracoastal (Intracoastal Warrant 1).
Chaque personne d茅clarante poss猫de des droits de vote partag茅s et un pouvoir de disposition partag茅 sur 336,801 actions et n鈥檃 aucun droit de vote ou pouvoir de disposition exclusif. Le d茅p么t explique que des clauses de blocage dans Intracoastal Warrant 1 et Intracoastal Warrant 2 emp锚chent l鈥檈xercice dans la mesure o霉 celui-ci ferait d茅passer la participation 脿 9.99% et 脿 4.99%, respectivement, excluant ainsi 1,671,598 et 142,778 actions de warrant des calculs de d茅tention actuels. Sans ces clauses de blocage, les personnes d茅clarante pourraient 锚tre consid茅r茅es comme d茅tenant 脿 titre b茅n茅ficiaire 2,151,177 actions.
Diese Schedule 13G/A gibt an, dass Mitchell P. Kopin, Daniel B. Asher und Intracoastal Capital LLC (die meldenden Personen) jeweils als wirtschaftliche Eigent眉mer von 336,801 Aktien der Stammaktien von Cemtrex Inc. gelten, was laut der Meldung etwa 9.99% der ausstehenden Stammaktien des Unternehmens entspricht. Die gemeldeten Aktien sind durch Aus眉bung eines von Intracoastal gehaltenen Warrants (Intracoastal Warrant 1) erwerbbar.
Jede meldende Person verf眉gt 眉ber gemeinsame Stimmrechte und gemeinsame Verf眉gungsbefugnis an 336,801 Aktien und hat keine alleing盲ngigen Stimmrechte oder Verf眉gungsbefugnis. Die Meldung erl盲utert, dass Sperrklauseln in Intracoastal Warrant 1 und Intracoastal Warrant 2 die Aus眉bung insoweit verhindern, als dadurch das Eigentum 眉ber 9.99% bzw. 4.99% hinaus erh枚ht w眉rde, wodurch jeweils 1,671,598 bzw. 142,778 Warrant-Aktien von der aktuellen Berechnung des wirtschaftlichen Eigentums ausgeschlossen werden. Ohne diese Sperrklauseln k枚nnten die meldenden Personen als wirtschaftliche Eigent眉mer von 2,151,177 Aktien gelten.
FAQ
What stake do the reporting persons hold in Cemtrex (CETX)?
Who filed the Schedule 13G/A for CETX?
Do the Reporting Persons have voting or dispositive power over the shares?
What are the warrant blocker provisions described in the filing?
How many shares would the Reporting Persons beneficially own without the blocker provisions?
