The internal restructuring simplifies the ownership chain but does not change Whitmore's aggregate control. Monitor for any future 13D amendments that signal a shift in intentions, such as a sale or activist demands.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK ABOVE ENTRY AT T+1- T+0 · Nov 10 $0.8699entry
- T+1 · 12h ago +4.72%α +3.41% · $0.9110
- T+5 · in 5d Pending
- T+20 · in 27d Pending
- T+60 · in 3mo Pending
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
Bradford T. Whitmore and affiliated entities filed Amendment No. 22 to their Schedule 13D, disclosing Strandler, LLC's dissolution and liquidating distribution of 14,420,573 shares of Solesence common stock to its parent Whitmore Holdings, LLC. The filing states no plans or proposals for any of the matters in Item 4, indicating a passive stance. Aggregate beneficial ownership remains at 70.5% (49,826,805 shares) based on 70,647,045 shares outstanding.
Key Financial Metrics
Key Facts
- Strandler, LLC entered a Dissolution and Plan of Complete Liquidation on November 5, 2026.
- Strandler commenced a liquidating distribution of 14,420,573 shares of common stock to its parent Whitmore Holdings, LLC.
- The Filers state they have no plans or proposals relating to any matters in Item 4 of Schedule 13D.
- Aggregate beneficial ownership reported as 70.5% (49,826,805 shares) based on 70,647,045 shares outstanding.
- Bradford T. Whitmore controls all entities through various management and trustee roles.
Financial Impact
14,420,573 shares (approximately 20.4% of outstanding) moved internally via liquidating distribution; no change in ultimate beneficial ownership.
Risk Factors
- No stated plans for strategic changes or value realization; passive stance may disappoint investors expecting activism.
- Internal share transfer could precede a future sale or distribution to Whitmore Trust beneficiaries.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13D/A Filing (Primary) | 0000933430-26-000007 |
| Document: 0000933430-26-000007-index-headers.html | 0000933430-26-000007 |
| Document: 0000933430-26-000007-index.html | 0000933430-26-000007 |
| Document: 0000933430-26-000007.txt | 0000933430-26-000007 |
Track record
20 reports on SLSN
3 of 3 bullish or bearish reports moved the stock their way by T+20. Best: +18.89% at T+20 after the Aug 19, 2026 report. 3 of 3 went positive at some point.
Filters
- Nov 10, 20261d ago 10-Q/A Bearish 6/10 Entry $0.9400 Now $0.9110 +3.09% settles Dec 10
- Nov 10, 20261d ago 10-Q/A Bearish 6/10 Entry $0.9400 Now $0.9110 +3.09% settles Dec 10
- Nov 10, 20261d ago 10-Q/A Bearish 6/10 Entry $0.9400 Now $0.9110 +3.09% settles Dec 10
- Nov 10, 20261d ago 10-K/A Bearish 7/10 Entry $0.9400 Now $0.9110 +3.09% settles Dec 10
- Nov 10, 20261d ago 10-K/A Bearish 7/10 Entry $0.9400 Now $0.9110 +3.09% settles Dec 10
- Nov 9, 20262d ago SC 13D/A Neutral 4/10 Viewing Entry $0.8699 Now $0.9110 +4.72% settles Dec 9
- Oct 5, 20265w ago 8-K Neutral 2/10 Entry $0.8000 to $0.8600 Now $0.9110 +13.88% ▲ +7.50% +10.40% vs SPY
- Aug 21, 202611w ago 8-K Bearish 8/10 Entry $0.9500 to $0.8141 Now $0.9110 +4.11% ▲ +14.31% +13.78% vs SPY
- Aug 20, 202611w ago 8-K Bearish 6/10 No price data
- Aug 19, 202612w ago Press Release Bearish 6/10 Entry $0.9907 to $0.8036 Now $0.9110 +8.04% ▲ +18.89% +18.89% vs SPY
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers