Westwater Resources, Inc. (WWR) is reported to have 8,488,000 shares of common stock issuable upon conversion of a convertible note held by Alto Opportunity Master Fund and affiliated parties. Those issuable shares represent 9.99% of the company's common stock based on 76,408,761 shares outstanding as referenced in the filing. The reporting persons — Ayrton Capital LLC, the Fund, and Waqas Khatri — state they have sole voting and dispositive power over the 8,488,000 shares and that the holdings are subject to a 9.99% beneficial ownership blocker.
The filing states the position arises from a convertible note and that the securities are held in the ordinary course of business. No shared voting power, group affiliation, or additional transactions are disclosed in this statement.
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