Ayrton Capital LLC, Alto Opportunity Master Fund SPC - Segregated Master Portfolio B, and Waqas Khatri filed an amended Schedule 13G with the SEC on November 12, 2026, disclosing beneficial ownership of 8,354,213 shares of FingerMotion, Inc. common stock as of September 30, 2026.

Key Highlights

  • Three reporting persons: Ayrton Capital LLC (Delaware), Alto Opportunity Master Fund SPC - Segregated Master Portfolio B (Cayman Islands), and Waqas Khatri each report beneficial ownership of 8,354,213 shares.
  • Ownership percentage: Each reporting person represents 9.99% of FingerMotion's common stock, as disclosed in the filing.
  • Source of shares: The 8,354,213 shares represent common stock issuable upon exercise of certain warrants and conversion of certain convertible notes, both subject to a 9.99% beneficial ownership blocker.
  • Shares outstanding basis: The percentage is calculated using 75,204,631 shares of common stock outstanding as of August 31, 2026, as stated in the issuer's Form 424B5 filed on that date.
  • Sole voting and dispositive power: All three reporting persons report sole voting power and sole dispositive power of 8,354,213 shares, with zero shared power of either type.
  • Structure: Alto Opportunity Master Fund SPC is the holding fund; Ayrton Capital LLC serves as its investment manager; Waqas Khatri serves as managing member of Ayrton Capital LLC.

Ayrton Capital and Affiliates Disclose FingerMotion Warrant and Note Position

According to the amended Schedule 13G filed November 12, 2026, the three reporting persons - Ayrton Capital LLC, Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B, and Waqas Khatri - each report beneficial ownership of 8,354,213 shares of FingerMotion, Inc. (NASDAQ:FNGR) common stock. The filing identifies these shares as issuable upon the exercise of certain warrants and the conversion of certain convertible notes held by the reporting persons, and states that both are "subject to a 9.99% beneficial ownership blocker."

The filing describes the organizational structure as follows: the shares are held by Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B, a Cayman Islands exempted company described as "a private investment vehicle." Ayrton Capital LLC, a Delaware limited liability company, serves as the investment manager of the fund, and Waqas Khatri serves as the managing member of Ayrton Capital LLC. The filing states that the holdings reported are as of September 30, 2026, the date of the event requiring the filing.

The percent-of-class figure of 9.99% for each reporting person is based on 75,204,631 shares of FingerMotion common stock outstanding as of August 31, 2026, as referenced from the issuer's Form 424B5 filed on that date, combined with the 8,354,213 shares issuable on exercise of the warrants and conversion of the notes. The filing certifies that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer."

What Was Disclosed

Ayrton Capital LLC, Alto Opportunity Master Fund SPC, and Waqas Khatri filed an amended Schedule 13G reporting 8,354,213 shares, or 9.99%, of FingerMotion common stock beneficially owned as of September 30, 2026, through warrants and convertible notes subject to a 9.99% ownership blocker.