Summary by Moomoo AI
On December 31, 2023, Sabby Volatility Warrant Master Fund, Ltd., Sabby Management, LLC, and Hal Mintz filed a Schedule 13G with the United States Securities and Exchange Commission, indicating a shared beneficial ownership of 200,303 shares of iBio Inc's common stock, which represents approximately 9.99% of the company's class of securities. The filing was made under Rule 13d-1(c) of the Securities Exchange Act of 1934. Sabby Management, LLC, a Delaware limited liability company, serves as the investment manager of Sabby Volatility Warrant Master Fund, Ltd., and Hal Mintz is the manager of Sabby Management, LLC. The shares are indirectly owned through these entities, and the filing indicates that the ownership is not for the purpose of changing or influencing the control of iBio Inc. The joint filing agreement was dated January 4, 2024, and the signatories include Harry Thompson, an authorized person of TDF Management Ltd., and Robert Grundstein, the Chief Operating Officer of Sabby Management, LLC, as well as Hal Mintz.
