Published on 6 Apr 2023 on Simply Wall St. via Yahoo Finance
Insiders own 39% of Greenwich LifeSciences, Inc. (NASDAQ:GLSI) shares but retail investors control...
Key Insights
Significant control over Greenwich LifeSciences by retail investors implies that the general public has more power to influence management and governance-related decisionsA total of 9 investors have a majority stake in the company with 52% ownership Insiders have bought recently
Every investor in Greenwich LifeSciences, Inc. (NASDAQ:GLSI) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 42% to be precise, is retail investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company.