Tonix Pharmaceuticals 13G Filing Shows Sabby Volatility Warrant Master Fund, Ltd. Reported A 9.99% Stake In The Co As Of December 31, 2023
Portfolio Pulse from Benzinga Newsdesk
Sabby Volatility Warrant Master Fund, Ltd. has reported a 9.99% stake in Tonix Pharmaceuticals as of December 31, 2023, according to a 13G filing with the SEC.
January 03, 2024 | 9:28 pm
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Sabby Volatility Warrant Master Fund, Ltd. has taken a significant 9.99% stake in Tonix Pharmaceuticals, indicating a strong interest in the company's future.
The acquisition of a substantial stake by an investment fund typically suggests confidence in the company's prospects and can lead to increased investor interest and potentially a positive impact on the stock price in the short term.
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