Sec Form 13G Filing - Coastlands Capital LP filing for - 2026-02-20

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox checked   Rule 13d-1(b)
Checkbox checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)






SCHEDULE 13G



Comment for Type of Reporting Person:  Consists of 2,159,245 shares of Common Stock held by Coastlands Capital LP and 2,403,786 shares of Common Stock issuable upon the conversion of shares of Series A Convertible Preferred Stock, par value $0.0001 per share ("Series A Preferred Stock"), and the exercise of warrants to acquire shares of Series A Preferred Stock held by Coastlands Capital LP. The calculation of the beneficial ownership of the Reporting Persons is based on (A) 43,274,398 shares outstanding as December 23, 2025, as disclosed in the prospectus filed by the Issuer pursuant to Rule 424(b)(3) on January 6, 2026, and (B) 2,403,786 shares of Common Stock issuable upon the conversion of shares of Series A Preferred Stock and the exercise of warrants to acquire shares of Series A Preferred Stock held by the Reporting Persons, which reflects the beneficial ownership limitation of 9.99%. Excludes shares of Series A Preferred Stock and warrants to acquire shares of Series A Preferred Stock held by the Reporting Persons in excess of such beneficial ownership limitation.


SCHEDULE 13G



Comment for Type of Reporting Person:  Consists of 2,159,245 shares of Common Stock held by Coastlands Capital LP and 2,403,786 shares of Common Stock issuable upon the conversion of shares of Series A Preferred Stock and the exercise of warrants to acquire shares of Series A Preferred Stock held by Coastlands Capital LP. The calculation of the beneficial ownership of the Reporting Persons is based on (A) 43,274,398 shares outstanding as December 23, 2025, as disclosed in the prospectus filed by the Issuer pursuant to Rule 424(b)(3) on January 6, 2026, and (B) 2,403,786 shares of Common Stock issuable upon the conversion of shares of Series A Preferred Stock and the exercise of warrants to acquire shares of Series A Preferred Stock held by the Reporting Persons, which reflects the beneficial ownership limitation of 9.99%. Excludes shares of Series A Preferred Stock and warrants to acquire shares of Series A Preferred Stock held by the Reporting Persons in excess of such beneficial ownership limitation.


SCHEDULE 13G



Comment for Type of Reporting Person:  Consists of 2,159,245 shares of Common Stock held by Coastlands Capital LP and 2,403,786 shares of Common Stock issuable upon the conversion of shares of Series A Preferred Stock and the exercise of warrants to acquire shares of Series A Preferred Stock held by Coastlands Capital LP. The calculation of the beneficial ownership of the Reporting Persons is based on (A) 43,274,398 shares outstanding as December 23, 2025, as disclosed in the prospectus filed by the Issuer pursuant to Rule 424(b)(3) on January 6, 2026, and (B) 2,403,786 shares of Common Stock issuable upon the conversion of shares of Series A Preferred Stock and the exercise of warrants to acquire shares of Series A Preferred Stock held by the Reporting Persons, which reflects the beneficial ownership limitation of 9.99%. Excludes shares of Series A Preferred Stock and warrants to acquire shares of Series A Preferred Stock held by the Reporting Persons in excess of such beneficial ownership limitation.


SCHEDULE 13G



Comment for Type of Reporting Person:  Consists of 2,159,245 shares of Common Stock held by Coastlands Capital LP and 2,403,786 shares of Common Stock issuable upon the conversion of shares of Series A Preferred Stock and the exercise of warrants to acquire shares of Series A Preferred Stock held by Coastlands Capital LP. The calculation of the beneficial ownership of the Reporting Persons is based on (A) 43,274,398 shares outstanding as December 23, 2025, as disclosed in the prospectus filed by the Issuer pursuant to Rule 424(b)(3) on January 6, 2026, and (B) 2,403,786 shares of Common Stock issuable upon the conversion of shares of Series A Preferred Stock and the exercise of warrants to acquire shares of Series A Preferred Stock held by the Reporting Persons, which reflects the beneficial ownership limitation of 9.99%. Excludes shares of Series A Preferred Stock and warrants to acquire shares of Series A Preferred Stock held by the Reporting Persons in excess of such beneficial ownership limitation.


SCHEDULE 13G



Comment for Type of Reporting Person:  Consists of 2,159,245 shares of Common Stock held by Coastlands Capital LP and 2,403,786 shares of Common Stock issuable upon the conversion of shares of Series A Preferred Stock and the exercise of warrants to acquire shares of Series A Preferred Stock held by Coastlands Capital LP. The calculation of the beneficial ownership of the Reporting Persons is based on (A) 43,274,398 shares outstanding as December 23, 2025, as disclosed in the prospectus filed by the Issuer pursuant to Rule 424(b)(3) on January 6, 2026, and (B) 2,403,786 shares of Common Stock issuable upon the conversion of shares of Series A Preferred Stock and the exercise of warrants to acquire shares of Series A Preferred Stock held by the Reporting Persons, which reflects the beneficial ownership limitation of 9.99%. Excludes shares of Series A Preferred Stock and warrants to acquire shares of Series A Preferred Stock held by the Reporting Persons in excess of such beneficial ownership limitation.


SCHEDULE 13G


 
Coastlands Capital LP
 
Signature:/s/ Mark Shamia
Name/Title:Chief Operating Officer of the General Partner, Coastlands Capital LLC
Date:02/20/2026
 
Coastlands Capital Partners LP
 
Signature:/s/ Mark Shamia
Name/Title:Chief Operating Officer of the General Partner, Coastlands Capital GP LLC
Date:02/20/2026
 
Coastlands Capital GP LLC
 
Signature:/s/ Mark Shamia
Name/Title:Chief Operating Officer
Date:02/20/2026
 
Coastlands Capital LLC
 
Signature:/s/ Mark Shamia
Name/Title:Chief Operating Officer
Date:02/20/2026
 
Matthew D. Perry
 
Signature:/s/ Matthew D. Perry
Name/Title:Reporting Person
Date:02/20/2026

Comments accompanying signature:  Exhibit 99.1 - Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G
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