Intracoastal Capital LLC Reports 4.99% Stake in Amesite Inc. (AMST) via Securities Purchase Agreement

On May 1, 2026, Intracoastal Capital LLC, along with Mitchell P. Kopin and Daniel B. Asher, filed a Schedule 13G disclosing a new 4.99% stake in Amesite Inc. (AMST). The reporting persons acquired beneficial ownership of 293,575 shares of Common Stock, which includes 98,000 shares held directly and 195,575 shares issuable upon the exercise of warrants. This position was established following a Securities Purchase Agreement dated April 27, 2026. While the reporting persons hold additional warrants that could potentially increase their ownership to approximately 1,840,165 shares, these are subject to blocker provisions that prevent them from exceeding a 4.99% beneficial ownership threshold. Additionally, certain warrants are currently non-exercisable pending stockholder approval. The filing indicates that the securities were acquired for investment purposes and not with the intent to influence or change the control of the issuer. The principal business offices for the filers are located in Delray Beach, Florida, and Oak Park, Illinois.