SenesTech director Glenbrook Capital Management buys $29,056 in stock
Glenbrook Capital Management, which holds a 10% stake in SenesTech, recently increased its ownership by purchasing 30,000 shares of the company's common stock, amounting to $29,056. The acquisitions took place over two days in late October. On October 28, the firm bought 28,000 shares at a weighted average price of $0.9651, with individual prices ranging from $0.8299 to $1.00.
Two days later, on October 30, it purchased an additional 2,000 shares at a weighted average price of $1.0167, with prices between $0.9870 and $1.0900. The company's total weighted average cost per share for the 30,000 shares was between $0.9651 and $1.0167. Following these transactions, Glenbrook Capital Management indirectly owns 2,196,973 shares of SenesTech common stock.
The company's stock has seen a 28.57% gain over the past week, despite the business being down around 50% year-to-date. Glenbrook Capital Management currently cannot exercise warrants for 90,000 shares, which expire on November 22, 2026, or the next trading day if November 22 is not a market day. The report also clarified prior filings regarding the total indirect holdings and the expiration date of these warrants.
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