Ayrton Capital LLC

Westport, CT · CIK 1698148 · 13F filing filed 2023-11-13

SEC-registered investment adviser since 2022 · limited liability company

Assets managed$358.9m
Staff9 · 5 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $358.9m gross assets
Form ADV · 2026-04-30SEC adviser record

Legal entityAYRTON CAPITAL LLC (US)

$14.7m reported value -7.9% vs Q2 2023

71positions

87.7%in top 10

7 new 3 added 2 reduced 10 sold out vs Q2 2023

Holdings, Q3 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MANNKIND CORP NOTE 2.500% 3/0 · principal MNKD 2.5 03.01.26 · principal	MNKD 2.5 03.01.26	4,750,000	$5.0m34.05%	34.05%	Unchanged
2	RINGCENTRAL INC NOTE 3/0 · principal RNG 0 03.01.25 · principal	RNG 0 03.01.25	2,000,000	$1.9m12.57%	12.57%	Unchanged
3	NOGIN INC DEBT 7.000% 9/0 · principal DEBT 7.000% 9/0 · principal		2,500,000	$1.2m8.21%	8.21%	Unchanged
4	SHF HOLDINGS INC CLASS A COM CLASS A COM		1,178,249	$930.8k6.31%	6.31%	Unchanged
5	CLOUDFLARE INC NOTE 8/1 · principal NET 0 08.15.26 · principal	NET 0 08.15.26	1,000,000	$851.9k5.78%	5.78%	Unchanged
6	UNITY SOFTWARE INC NOTE 11/1 · principal U 0 11.15.26 · principal	U 0 11.15.26	1,000,000	$793.5k5.38%	5.38%	Unchanged
7	OCEANTECH ACQUISITIONS I COR CLASS A COM CLASS A COM		70,000	$771.4k5.23%	5.23%	Unchanged
8	PAVMED INC COM COM		2,244,235	$661.2k4.48%	4.48%	Added +1.8m	+1,794,635 399.2%
9	ALARM COM HLDGS INC NOTE 1/1 · principal ALRM 0 01.15.26 · principal	ALRM 0 01.15.26	500,000	$434.0k2.94%	2.94%	Unchanged
10	CREATIVE REALITIES INC COM CREX	CREX	256,584	$397.7k2.70%	2.70%	New
11	TOUGHBUILT INDS INC COM COM		1,123,603	$219.1k1.49%	1.49%	New
12	PHARMACYTE BIOTECH INC COM NEW PMCB	PMCB	92,087	$193.4k1.31%	1.31%	Reduced -184.9k	-184,905 -66.8%
13	RECON TECHNOLOGY LTD CL A SHS RCON	RCON	568,546	$176.2k1.20%	1.20%	Unchanged
14	ADDENTAX GROUP CORP COM COM		119,622	$161.5k1.09%	1.09%	Added +86.6k	+86,593 262.2%
15	PEPPERLIME HEALTH ACQUSTN CO CLASS A ORD SHS CLASS A ORD SHS		13,028	$140.7k0.95%	0.95%	Unchanged
16	SHUTTLE PHARMACTCLS HLDGS IN COM COM		220,426	$134.5k0.91%	0.91%	Reduced -30.5k	-30,489 -12.2%
17	AUDDIA INC COM COM		240,690	$87.6k0.59%	0.59%	Unchanged
18	LUCID DIAGNOSTICS INC COM LUCD	LUCD	73,907	$86.5k0.59%	0.59%	New
19	TRITIUM DCFC LIMITED ORDINARY SHARES ORDINARY SHARES		273,685	$82.9k0.56%	0.56%	New
20	OPPFI INC W EXP 07/20/202 W EXP 07/20/202		25,000	$63.0k0.43%	0.43%	Unchanged
21	OCEAN BIOMEDICAL INC COM OCEA	OCEA	13,345	$52.0k0.35%	0.35%	New
22	FLAME ACQUISITION CORP W EXP 02/26/202 W EXP 02/26/202		57,836	$46.3k0.31%	0.31%	Unchanged
23	SHARPS TECHNOLOGY INC *W EXP 99/99/999 SKYAW	SKYAW	235,200	$24.8k0.17%	0.17%	Unchanged
24	INNOVATIVE EYEWEAR INC *W EXP 08/16/202 LUCYW	LUCYW	150,900	$22.6k0.15%	0.15%	Unchanged
25	ZIVO BIOSCIENCE INC W EXP 05/14/202 W EXP 05/14/202		48,850	$21.9k0.15%	0.15%	Unchanged
26	WORKSPORT LTD W EXP 08/06/202 W EXP 08/06/202		86,020	$21.5k0.15%	0.15%	Unchanged
27	ALSET CAPITAL ACQUISITION CO RIGHT 01/31/2027 RIGHT 01/31/2027		100,000	$21.0k0.14%	0.14%	Unchanged
28	BITCOIN DEPOT INC W EXP 06/30/202 W EXP 06/30/202		100,000	$19.0k0.13%	0.13%	New
29	NLS PHARMACEUTICS LTD W EXP 02/02/202 W EXP 02/02/202		170,100	$17.9k0.12%	0.12%	Unchanged
30	FINTECH ECOSYSTEM DEVE RIGHT 04/01/2026 RIGHT 04/01/2026		125,000	$17.5k0.12%	0.12%	Unchanged
31	ARES ACQUISITION CORPORATION W EXP 02/02/202 W EXP 02/02/202		24,851	$16.4k0.11%	0.11%	Unchanged
32	AINOS INC *W EXP 07/29/202 AIMDW	AIMDW	50,000	$16.4k0.11%	0.11%	Unchanged
33	AKERNA CORP COM NEW COM NEW		72,517	$15.9k0.11%	0.11%	Added +45.9k	+45,917 172.6%
34	ONFOLIO HOLDINGS INC *W EXP 01/02/202 ONFOW	ONFOW	100,000	$13.3k0.09%	0.09%	Unchanged
35	OXUS ACQUISITION CORP *W EXP 99/99/999 BRLSW	BRLSW	60,000	$10.5k0.07%	0.07%	Unchanged
36	STRAN & COMPANY INC *W EXP 99/99/999 SWAGW	SWAGW	224,260	$10.1k0.07%	0.07%	Unchanged
37	HEARTBEAM INC *W EXP 10/31/202 BEATW	BEATW	50,000	$10.0k0.07%	0.07%	Unchanged
38	RELIANCE GLOBAL GROUP INC *W EXP 02/01/202 EZRAW	EZRAW	97,818	$9.7k0.07%	0.07%	Unchanged
39	RELATIVITY ACQUISITION CORP W EXP 12/15/202 W EXP 12/15/202		200,000	$9.4k0.06%	0.06%	Unchanged
40	CLOVER LEAF CAPITAL CORP RIGHT 05/31/2028 RIGHT 05/31/2028		75,000	$7.6k0.05%	0.05%	Unchanged
41	LIBERTY RES ACQUISITION CORP W EXP 10/31/202 W EXP 10/31/202		175,000	$6.6k0.04%	0.04%	Unchanged
42	AROGO CAPITAL ACQUISITION CO *W EXP 03/23/202 AOGOW	AOGOW	125,000	$6.3k0.04%	0.04%	Unchanged
43	KAIROUS ACQUISITION CORP LTD RIGHT 09/15/2026 KACRF	KACRF	75,000	$6.0k0.04%	0.04%	Unchanged
44	ESPORTS ENTMT GROUP INC COM COM		55,000	$5.9k0.04%	0.04%	New
45	PAGAYA TECHNOLOGIES LTD *W EXP 09/01/202 PGYWW	PGYWW	16,666	$5.8k0.04%	0.04%	Unchanged
46	SPLASH BEVERAGE GROUP INC W EXP 06/15/202 W EXP 06/15/202		49,800	$5.0k0.03%	0.03%	Unchanged
47	DIGITAL HEALTH ACQUISITION C W EXP 11/02/202 W EXP 11/02/202		200,000	$4.4k0.03%	0.03%	Unchanged
48	VISION SENSING ACQUISITION C W EXP 10/21/202 W EXP 10/21/202		112,500	$4.2k0.03%	0.03%	Unchanged
49	SEASTAR MEDICAL HOLDING CORP *W EXP 10/28/202 ICUCW	ICUCW	250,000	$3.5k0.02%	0.02%	Unchanged
50	FINNOVATE ACQUISITION CORP W EXP 09/30/202 W EXP 09/30/202		75,000	$3.5k0.02%	0.02%	Unchanged
51	TWELVE SEAS INVESTMENT CO II W EXP 03/02/202 W EXP 03/02/202		66,666	$3.5k0.02%	0.02%	Unchanged
52	OCEANTECH ACQUISITIONS I COR W EXP 99/99/999 W EXP 99/99/999		125,000	$3.4k0.02%	0.02%	Unchanged
53	WESTERN ACQSTN VENTURES CORP *W EXP 09/01/202 CYCUW	CYCUW	100,000	$3.2k0.02%	0.02%	Unchanged
54	EUDA HEALTH HOLDINGS LTD *W EXP 11/22/202 EUDAW	EUDAW	40,000	$3.1k0.02%	0.02%	Unchanged
55	ANZU SPECIAL ACQUISITIN CORP W EXP 01/27/202 W EXP 01/27/202		33,333	$3.0k0.02%	0.02%	Unchanged
56	MULTIMETAVERSE HOLDINGS LTD *W EXP 01/04/202 MMVXF	MMVXF	75,000	$2.6k0.02%	0.02%	Unchanged
57	COMERA LIFE SCIENCES HLDGS I *W EXP 03/15/202 CMRAW	CMRAW	100,000	$2.2k0.01%	0.01%	Unchanged
58	ESPORTS ENTMT GROUP INC *W EXP 03/02/202 GMBLZ	GMBLZ	250,000	$2.0k0.01%	0.01%	Unchanged
59	ALLIANCE ENTERTAINMENT HOLDI *W EXP 02/11/202 AENTW	AENTW	100,000	$1.9k0.01%	0.01%	Unchanged
60	ALSET CAPITAL ACQUISITION CO W EXP 01/31/202 W EXP 01/31/202		50,000	$1.6k0.01%	0.01%	Unchanged
61	AUDDIA INC W EXP 02/19/202 W EXP 02/19/202		40,000	$1.6k0.01%	0.01%	Unchanged
62	APOLLO STRATEGIC GRWT CPTL I W EXP 02/12/202 W EXP 02/12/202		20,000	$1.6k0.01%	0.01%	Unchanged
63	VERSUS SYSTEMS INC W EXP 01/15/202 W EXP 01/15/202		100,000	$1.5k0.01%	0.01%	Unchanged
64	CONCORD ACQUISITION CORP III W EXP 99/99/999 W EXP 99/99/999		25,000	$1.5k0.01%	0.01%	Unchanged
65	AGRIFORCE GROWING SYSTEMS LT W EXP 02/01/202 W EXP 02/01/202		73,600	$1.5k0.01%	0.01%	Unchanged
66	FINTECH ECOSYSTEM DEVE W EXP 04/01/202 W EXP 04/01/202		62,500	$1.4k0.01%	0.01%	Unchanged
67	REVELATION BIOSCIENCES INC *W EXP 01/10/202 REVBW	REVBW	75,000	$1.3k0.01%	0.01%	Unchanged
68	VERIFYME INC *W EXP 06/22/202 VRMEW	VRMEW	10,000	$1.0k0.01%	0.01%	Unchanged
69	TOUGHBUILT INDS INC W EXP 11/14/202 W EXP 11/14/202		161,816	$9870.01%	0.01%	Unchanged
70	CHAVANT CAPITAL ACQUISITN CO W EXP 99/99/999 W EXP 99/99/999		37,500	$8740.01%	0.01%	Unchanged
71	KAIROUS ACQUISITION CORP LTD W EXP 09/15/202 W EXP 09/15/202		37,500	$7500.01%	0.01%	Unchanged

Sold out since Q2 2023

Security	Ticker	Shares held before	Value then
GSR II METEORA ACQUISITN COR		100,000	$1.0m100.0k shares
EUDA HEALTH HOLDINGS LTD EUDA	EUDA	472,947	$359.4k472.9k shares
POLISHED COM INC		2,000,000	$129.8k2.0m shares
KNIGHTSCOPE INC		127,902	$67.9k127.9k shares
AGRIFORCE GROWING SYSTEMS LT AVX	AVX	70,922	$16.1k70.9k shares
GSR II METEORA ACQUISITN COR		100,000	$13.5k100.0k shares
DOGNESS INTERNATIONAL CORP DOGZ	DOGZ	11,498	$8.4k11.5k shares
AGBA GROUP HOLDING LTD ILLRW	ILLRW	125,000	$7.5k125.0k shares
MINORITY EQUALITY OPPORTUNIT		70,000	$5.6k70.0k shares
GREENLIGHT BIOSCIENCS HLDS P		150,000	$2.0k150.0k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on. The largest 25 of 31.

Company	Ticker	Stake	Change	Schedule	Last filed
APTEVO THERAPEUTICS INC 13G · filed 2025-08-13		10.0%	new	13G	2025-08-13
BLUEJAY DIAGNOSTICS INC BJDX · 13G · filed 2026-08-13	BJDX	10.0%	new	13G	2026-08-13
BTC DIGITAL LTD BTCT · 13G · filed 2026-08-13	BTCT	10.0%≈ $830.4k	new	13G	2026-08-13
PAVMED INC PAVM · 13G · filed 2026-05-11	PAVM	10.0%≈ $4.2m		13G	2026-05-11
RENX ENTERPRISES CORP RENX · 13G · filed 2026-05-11	RENX	10.0%≈ $523.7k	new	13G	2026-05-11
C3IS INC 13G · filed 2026-02-11		10.0%	new	13G	2026-02-11
APIMEDS PHARMACEUTICALS US I 13G · filed 2026-02-11		10.0%	new	13G	2026-02-11
ORIGIN MATERIALS INC 13G · filed 2026-02-11		10.0%	new	13G	2026-02-11
NVNI GROUP LIMITED NVNIF · 13G · filed 2026-02-11	NVNIF	10.0%≈ $1.1m	new	13G	2026-02-11
LM FDG AMER INC 13G · filed 2025-11-13		10.0%≈ $239.8k	new	13G	2025-11-13
BIONANO GENOMICS INC BNGO · 13G · filed 2025-11-13	BNGO	10.0%≈ $596.9k	new	13G	2025-11-13
AZITRA INC 13G · filed 2025-05-14		10.0%	new	13G	2025-05-14
AGRIFORCE GROWING SYSTEMS LT 13G · filed 2025-05-14		10.0%	new	13G	2025-05-14
GREENLANE HLDGS INC 13G · filed 2025-05-14		10.0%	new	13G	2025-05-14
180 LIFE SCIENCES CORP 13G · filed 2025-02-13		9.9%	new	13G	2025-02-13
TRITIUM DCFC LIMITED 13G · filed 2025-02-13		9.9%		13G	2025-02-13
PAVMED INC 13G · filed 2025-02-13		9.9%		13G	2025-02-13
ARCIMOTO INC FUVV · 13G · filed 2025-02-13	FUVV	9.9%		13G	2025-02-13
PHARMACYTE BIOTECH INC PMCB · 13G · filed 2025-02-13	PMCB	9.9%≈ $596.1k		13G	2025-02-13
ADDENTAX GROUP CORP 13G · filed 2025-02-13		9.9%		13G	2025-02-13
OCEAN BIOMEDICAL INC OCEA · 13G · filed 2025-02-13	OCEA	9.9%		13G	2025-02-13
SUNATION ENERGY INC SUNE · 13G · filed 2026-08-13	SUNE	8.8%≈ $854.0k	new	13G	2026-08-13
ESS TECH INC GWHT · 13G · filed 2026-08-13	GWHT	8.1%≈ $2.4m	-1.8 pts	13G	2026-08-13
FINGERMOTION INC FNGR · 13G · filed 2026-08-13	FNGR	8.0%≈ $2.0m	new	13G	2026-08-13
KWESST MICRO SYSTEMS INC 13G · filed 2025-02-13		7.0%		13G	2025-02-13