Archon Capital Management LLC bought EMKR

February 15, 2024 · Form 4 insider transaction

Archon Capital Management LLC bought 2,453,898 shares of EMCORE Corporation at $0.39 per share, a transaction worth $944.8K. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Acquired (buy-side)
Shares
2,453,898
Price
$0.39
Total value
$944.8K
Role—
SecurityCommon Stock, no par value
Transaction codeP: Open-market purchase
Transaction dateFebruary 15, 2024
Filing dateFebruary 16, 2024
Shares owned after12,552,577
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

The securities reported herein are held by multiple private funds. The reported securities may be deemed beneficially owned by Archon Capital Management LLC, the investment manager of such private fund clients and Constantinos Christofilis, the managing member of Archon Capital Management LLC, each a Reporting Person. Archon Capital Management LLC and Constantinos Christofilis each disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that each Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

View the original Form 4 on SEC EDGAR
Archon Capital Management LLC bought EMKR: February 15, 2024 | Insider Trading Screener