Company: SNWV
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001628280-25-014141
Chunk: 36

Company: SANUWAVE Health, Inc.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 12
Chunk 36
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Item 12.    SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

The following table sets forth certain information, as of March 18, 2025, with respect to the beneficial ownership of the Company’s outstanding common stock by (i) any holder of more than five percent, (ii) each of the Company’s named executive officers and directors, and (iii) the Company’s directors and executive officers as a group.

Name of Beneficial Owner (1)Number ofShareBeneficiallyOwnedPercent ofSharesOutstanding (2) Morgan Frank (3)1,087,66812.7 %Andrew Walko17,777*Nanci Gilmore14,015*A. Michael Stolarski363,0874.2 %James Tyler17,147*Ian Miller57,068*Jeff Blizard8,447*All Directors and Executives as a group (11 persons)1,610,34218.5%Greater than 5% Holders:Opaleye, L.P. (4)944,13211.0 %Manchester Management PR, LLCManchester Management Company, LLCManchester Explorer, L.P.James E. Besser1,094,78912.8 %Solas Capital Management, LLC (5)713,7528.3 %AWM Investment Company, Inc (6)606,0617.1 %

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*Denotes less than 1% beneficial ownership.

(1)Unless otherwise noted, each beneficial owner has the same address as the Company.

(2)Applicable percentage ownership is based on 8,548,473 shares of common stock outstanding as of March 18, 2025. “Beneficial ownership” includes shares for which an individual, directly or indirectly, has or shares voting or investment power, or both, and includes options, warrants and convertible promissory notes, that are exercisable within 60 days of March 18, 2025. Unless otherwise indicated, all the listed persons have sole voting and investment power over the shares listed opposite their names. Beneficial ownership as reported in the above table has been determined in accordance with Rule 13d-3 of the Exchange Act.

(3)Manchester Management PR, LLC (“Manchester”) and Manchester Management Company, LLC (“GP”) may be deemed to be the owner of 1,090,789 shares of common stock. Manchester and GP have the sole