Key Takeaways
- The filing concerns CUSIP M6000J1841 and reports beneficial ownership by Steven Ronald Strauss, an individual residing in Florida.
- Strauss holds 120,750 shares, representing approximately 9.4 % of the class of securities.
- All reported shares are under his sole voting and dispositive power; there is no shared voting or dispositive authority.
- The filing includes a certification that the securities were not acquired to influence or change control of the issuer, nor are they held in connection with any transaction designed to do so.
- The document is signed and dated 05/18/2026, attesting to the truthfulness and completeness of the information after reasonable inquiry.
Identification of the Security and Reporting Person
The document begins by specifying the security in question: CUSIP M6000J1841. This identifier uniquely ties the filing to a particular class of equity securities issued by the reporting company. The reporting person is identified as Steven Ronald Strauss, an individual whose address or principal place of organization is listed as Florida. The filing indicates that Strauss is completing the report on his own behalf, not as a member of a group or entity, as reflected by the unchecked boxes for group membership.
Details of Beneficial Ownership
Strauss’s beneficial ownership is quantified in the filing. He reports sole voting power over 120,750.00 shares, with no shared voting power indicated (0.00). Likewise, he holds sole dispositive power over the same number of shares, again with zero shared dispositive power. The aggregate amount beneficially owned by Strauss therefore totals 120,750 shares, which is explicitly stated in the aggregate amount row of the table.
Percentage of Class Represented
The filing translates the raw share count into a percentage of the class of securities. Strauss’s holding of 120,750 shares corresponds to 9.4 % of the total class. This percentage is derived by dividing the number of shares he beneficially owns by the total shares outstanding for the class and multiplying by one hundred. The figure is significant because it crosses certain reporting thresholds that trigger disclosure requirements under securities regulations.
Exclusions and Aggregate Amount Verification
A checkbox is provided for reporting persons to indicate whether the aggregate amount reported excludes certain shares (e.g., those held in trusts, partnerships, or other arrangements that might not be considered beneficial ownership under the rules). In Strauss’s case, the box is left unchecked, confirming that the reported figure of 120,750 shares includes all shares over which he exercises sole voting and dispositive power, with no exclusions applied.
Type of Reporting Person
The filing categorizes the reporting person according to the instructions supplied with the form. Strauss is designated as an IN (individual) reporting person. This classification distinguishes him from entities such as corporations, partnerships, or investment advisors, which would carry different codes. The “IN” label confirms that the filing is being submitted by a natural person acting in his own capacity.
Certification Statement Regarding Intent
A critical component of the filing is the certification that Strauss must sign. He declares, to the best of his knowledge and belief, that the securities referred to in the statement were not acquired and are not held for the purpose of, or with the effect of, changing or influencing the control of the issuer. He further certifies that the securities are not held in connection with, or as a participant in, any transaction having that purpose or effect, except for activities solely related to a nomination under § 240.14a‑11 (which pertains to shareholder proposals and director nominations). This affirmation is intended to reassure regulators and other shareholders that the holding is passive rather than activist in nature.
Signature, Verification, and Date
Following the certification, the filing provides a signature line. Steven Ronald Strauss signs the document, printing his name as “steven ronald strauss.” Beneath the signature, his name and title are reiterated as “individual,” indicating that he is not acting in any official capacity for an organization. The date of execution is shown as 05/18/2026. Immediately above the signature, a statement asserts that after reasonable inquiry and to the best of his knowledge and belief, the information set forth in the statement is true, complete, and correct. This verification underscores the legal responsibility of the filer to ensure accuracy.
Contextual Implications of the Filing
Although the excerpt does not contain narrative discussion, the data presented have clear implications for market participants and regulators. A 9.4 % stake held by an individual with sole voting and dispositive power suggests a potentially influential position, especially if the investor chooses to engage with management or other shareholders. However, the explicit certification that the shares are not held to influence control tempers concerns about activist intent. The filing satisfies regulatory disclosure obligations, allowing other investors to assess the concentration of ownership and consider any potential impact on corporate governance or voting outcomes.
Summary of Key Points
In sum, the document constitutes a standard beneficial ownership filing for CUSIP M6000J1841, reporting that Steven Ronald Strauss, an individual resident of Florida, beneficially owns 120,750 shares, representing 9.4 % of the class. He exercises sole voting and dispositive power over those shares, with no shared authority. The filing includes the required certifications denying any intent to affect corporate control, aside from permissible nomination activities, and is signed and verified as accurate as of May 18, 2026. This information provides transparency regarding Strauss’s equity position and helps stakeholders evaluate the ownership structure of the issuer.