Spherix: A Focused Play On Patent Monetization Apr. 9, 2014 3:58 PM ET
High Institutional Ownership
The vast majority of Spherix's equity is already spoken for. It has attracted and retained investment from world-class IP institutions such as Hudson Bay Capital, Iroquois Capital and Rockstar Consortium, a multi-billion dollar partnership between Apple, Microsoft, EMC, Sony and Ericsson. Institutional investors own 45.28% of Spherix combined, including IP heavyweights Hudson Bay Capital and Iroquois Capital with 9.99% apiece, American Capital Management with 8.96%, and Alpha Capital Anstalt with 5.75%. Additionally, Rockstar Consortium owns a staggering 28% by itself. Executives and directors own approximately one quarter of the company. Added together, insiders and institutions have left just a couple of percentage points of the company - and a tiny retail float - for the rest of the world.
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