STOCK TITAN

Sunshine Biopharma (SBFM) reporting group held 805,000 shares, then sold stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Sunshine Biopharma Inc. Schedule 13G: Reporting persons led by Michael Bigger reported beneficial ownership of 805,000 shares of Common Stock, equal to 4.73% of 17,005,945 shares outstanding as of the issuer prospectus. The filing states the Reporting Persons sold all their Common Stock as of May 19, 2026.

The filing also lists warrants (Pre-Funded, Series B, Series C) that were subject to 4.99% beneficial ownership limitations and were excluded from the reported beneficial ownership counts.

Positive

  • None.

Negative

  • None.

Insights

Reporting group reduced below 5% after sales; warrants excluded under ownership caps.

The filing shows a combined beneficial position of 805,000 shares (4.73% of 17,005,945 outstanding) attributable to the reporting entities as of May 18, 2025. Several warrant tranches are noted but explicitly excluded because each was subject to a 4.99% beneficial ownership limitation.

Per the excerpt, the Reporting Persons "sold all of the Common Stock" they held as of May 19, 2026

Position size and timing are disclosed; sale reduced potential regulatory overhang from warrants.

The group held 805,000 shares and Mr. Bigger was attributable to approximately 9.47% before the June 2026 sale disclosure. The excerpt identifies 195,000, 1,816,968, and 2,000,000 shares issuable upon warrants, each with a 4.99% limitation that excluded them from the beneficial ownership total.

Cash-flow treatment and sale mechanics are not described in the excerpt; timing and counterparties are not provided here.

Beneficial ownership 805,000 shares As of May 18, 2025
Shares outstanding 17,005,945 shares Immediately after the offering per prospectus
Reported ownership percent 4.73% 805,000 / 17,005,945
Mr. Bigger attributable percent 9.47% Aggregate attributable holdings as stated
Pre-Funded Warrants 195,000 shares issuable Excluded due to 4.99% beneficial ownership limitation
Series B Warrants 1,816,968 shares issuable Excluded due to 4.99% beneficial ownership limitation
Series C Warrants 2,000,000 shares issuable Excluded due to 4.99% beneficial ownership limitation
Post-sale ownership status 0 shares Reporting Persons sold all Common Stock as of May 19, 2026
Pre-Funded Warrants financial
"195,000 shares of Common Stock issuable upon exercise of Pre-Funded Warrants"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
Series B Warrants financial
"1,816,968 shares of Common Stock issuable upon exercise of Series B Warrants"
Series B warrants are contracts issued alongside a company's Series B financing that give the holder the right to buy a set number of shares at a fixed price within a specified time. For investors, they matter because they can provide leveraged upside if the company grows, or they can dilute existing shareholders when exercised—like a coupon promising a future share at a known price that can add value or change ownership stakes.
beneficial ownership limitation regulatory
"subject to a 4.99% beneficial ownership limitation"
A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.
Schedule 13G regulatory
"Item 1. Name of issuer: Sunshine Biopharma Inc."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.





867781700

(CUSIP Number)
05/18/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



BIGGER CAPITAL FUND L P
Signature:/s/ Michael Bigger
Name/Title:Michael Bigger, Managing Member of Bigger Capital Fund GP, LLC, its general partner
Date:05/21/2026
Bigger Capital Fund GP, LLC
Signature:/s/ Michael Bigger
Name/Title:Michael Bigger, Managing Member
Date:05/21/2026
District 2 Capital Fund LP
Signature:/s/ Michael Bigger
Name/Title:Michael Bigger, Managing Member of District 2 GP LLC, its general partner
Date:05/21/2026
District 2 Capital LP
Signature:/s/ Michael Bigger
Name/Title:Michael Bigger, Managing Member
Date:05/21/2026
District 2 GP LLC
Signature:/s/ Michael Bigger
Name/Title:Michael Bigger, Managing Member
Date:05/21/2026
District 2 Holdings LLC
Signature:/s/ Michael Bigger
Name/Title:Michael Bigger, Managing Member
Date:05/21/2026
Bigger Michael
Signature:/s/ Michael Bigger
Name/Title:Michael Bigger
Date:05/21/2026

FAQ

Who reported ownership of Sunshine Biopharma (SBFM)?

Bigger Capital Fund, LP and related entities, including Bigger Capital Fund GP, District 2 Capital Fund and Michael Bigger, reported beneficial ownership of Sunshine Biopharma common stock. The filing attributes shared holdings to the group and notes Mr. Bigger's managing-member roles.

How many Sunshine Biopharma shares did the reporting persons hold?

The Reporting Persons beneficially owned 805,000 shares of common stock as of May 18, 2025. That amount is presented in the filing and excludes certain warrant-issuable shares subject to ownership limits.

What percent of Sunshine Biopharma did 805,000 shares represent?

The filing states 805,000 shares represented 4.73% of the company's 17,005,945 shares outstanding immediately after the offering referenced in the prospectus. Mr. Bigger was attributable to approximately 9.47% before the reported sale.

Were warrants included in the reported beneficial ownership?

No. The filing excludes 195,000 Pre-Funded Warrants, 1,816,968 Series B Warrants and 2,000,000 Series C Warrants because each tranche was stated to be subject to a 4.99% beneficial ownership limitation.