DEUTSCHE BALATON AKTIENGESELLSCHAFT enters BIOFRONTERA INC. with 458.88K shares plus derivative instruments
Holding both equity and derivatives at entry signals strong long-term conviction in the company.
Direct Indirect Derivatives
Filed: 9/26/2025ACC: 0001213900-25-092403
10% Owner
Since Sep 2025
458.88K
Baseline shares
13% direct
58.88K
Direct ownership
1 position
4.83M
Derivative underlying
1 instrument
2
Security positions
400K indirect
Non-Derivative Holdings2
Common Stock
DirectShares owned58.88K
Common Stock
IndirectShares owned400K
Total
58.88K direct·400K indirect458.88K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 58.88K | Direct |
| Common Stock | 400K | Indirect |
| Total | 458.88K | 58.88K direct·400K indirect |
Derivative Holdings1
Series D Convertible Preferred Stock
IndirectUnderlying security
Common Stock
Underlying shares
4.83M
Shares owned
N/A
Exercise price
0.6249
Expiration
—
Exercise window
—
Total
Underlying
4.83M
Owned
0.00
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Series D Convertible Preferred Stock Indirect | Common Stock | 0.6249 | — | — | 4.83M | N/A |
| Total | 4.83M | 0.00 | ||||