<SEC-DOCUMENT>0001947975-25-000019.txt : 20251028
<SEC-HEADER>0001947975-25-000019.hdr.sgml : 20251028
<ACCEPTANCE-DATETIME>20251028184358
ACCESSION NUMBER:		0001947975-25-000019
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20251028
DATE AS OF CHANGE:		20251028

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ENDRA Life Sciences Inc.
		CENTRAL INDEX KEY:			0001681682
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
		ORGANIZATION NAME:           	08 Industrial Applications and Services
		EIN:				260579295
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-90044
		FILM NUMBER:		251426342

	BUSINESS ADDRESS:	
		STREET 1:		3600 GREEN COURT
		STREET 2:		SUITE 350
		CITY:			ANN ARBOR
		STATE:			MI
		ZIP:			48105
		BUSINESS PHONE:		734-335-0468

	MAIL ADDRESS:	
		STREET 1:		3600 GREEN COURT
		STREET 2:		SUITE 350
		CITY:			ANN ARBOR
		STATE:			MI
		ZIP:			48105

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Endra Inc.
		DATE OF NAME CHANGE:	20160805

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ATW Partners Opportunities Management, LLC
		CENTRAL INDEX KEY:			0001947975
		ORGANIZATION NAME:           	
		EIN:				851403360
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	BUSINESS ADDRESS:	
		STREET 1:		1 PENNSYLVANIA PLAZA
		STREET 2:		SUITE 4810
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10119
		BUSINESS PHONE:		646-975-5542

	MAIL ADDRESS:	
		STREET 1:		1 PENNSYLVANIA PLAZA
		STREET 2:		SUITE 4810
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10119
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001947975</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Common Stock, par value $0.0001 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>10/16/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001681682</issuerCik>
        <issuerName>ENDRA Life Sciences Inc.</issuerName>
        <issuerCusip>29273B302</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>3600 Green Court</com:street1>
          <com:street2>Suite 350</com:street2>
          <com:city>Ann Arbor</com:city>
          <com:stateOrCountry>MI</com:stateOrCountry>
          <com:zipCode>48105</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>ATW Master Fund V LP</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>116024</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>116024</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>116024</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>9.9</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>Please see note in Item 4(a).</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>ATW Partners Opportunities Management, LLC</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>116024</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>116024</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>116024</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>9.9</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>Please see note in Item 4(a).</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Kerry Propper</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>116024</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>116024</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>116024</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>9.9</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>Please see note in Item 4(a).</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>
      <reportingPersonName>Antonio Ruiz-Gimenez</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>U3</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>116024</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>116024</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>116024</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>9.9</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>Please see note in Item 4(a).</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>ENDRA Life Sciences Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>3600 Green Court, Suite 350
Ann Arbor, Michigan 48105</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>ATW Master Fund V LP*
ATW Partners Opportunities Management, LLC*
Kerry Propper*
Antonio Ruiz-Gimenez*</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>1 Pennsylvania Plaza, Suite 4810
New York, New York 10119</principalBusinessOfficeOrResidenceAddress>
        <citizenship>ATW Master Fund V LP - Delaware
ATW Partners Opportunities Management, LLC - Delaware
Kerry Propper - United States
Antonio Ruiz-Gimenez - Spain</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>ATW Master Fund V LP - 116,024*
ATW Partners Opportunities Management, LLC - 116,024*
Kerry Propper - 116,024*
Antonio Ruiz-Gimenez - 116,024*

*The common stock (the "Shares") of ENDRA Life Sciences Inc. (the "Issuer") reported herein represents Shares held directly by ATW Master Fund V LP (the "Fund"). ATW Partners Opportunities Management, LLC (the "Adviser") serves as the investment manager to the Fund. Antonio Ruiz-Gimenez and Kerry Propper are the control persons of the Adviser (the "Control Persons", and collectively with the Fund and Adviser, the "Reporting Persons"). By virtue of these relationships, the Reporting Persons may be deemed to have shared voting and dispositive power with respect to the Shares owned directly by the Fund.

As of the date which required this filing, the Fund held (i) 116,024 Shares; (ii) certain warrants; and (iii) certain prefunded warrants, each (ii) and (iii) can ultimately be exercisable into Shares. Further, each of (i) - (iii) are subject to a blocker which prevents the Fund from exercising its warrants and prefunded warrants to purchase Shares or otherwise convert such instruments into Shares to the extent that, upon such conversion, the Fund, together with its affiliates, would beneficially own in excess of 9.99% of the Shares outstanding as a result of such conversion (the "Blocker").

As such, the percent of class reported herein is giving effect to the Blocker and is based upon a statement in the Issuer's PRE 14A filed on October 17, 2025 that there were 1,166,441 Shares outstanding as of October 16, 2025.

This report shall not be deemed an admission that the Reporting Persons are beneficial owners of the Shares for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of the Reporting Persons disclaims beneficial ownership of the Shares reported herein except to the extent of the Reporting Persons pecuniary interest, if any, therein.</amountBeneficiallyOwned>
        <classPercent>ATW Master Fund V LP - 9.9%
ATW Partners Opportunities Management, LLC - 9.9%
Kerry Propper - 9.9%
Antonio Ruiz-Gimenez - 9.9%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>ATW Master Fund V LP - 0
ATW Partners Opportunities Management, LLC - 0
Kerry Propper - 0
Antonio Ruiz-Gimenez - 0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>ATW Master Fund V LP - 116,024*
ATW Partners Opportunities Management, LLC - 116,024*
Kerry Propper - 116,024*
Antonio Ruiz-Gimenez - 116,024*</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>ATW Master Fund V LP - 0
ATW Partners Opportunities Management, LLC - 0
Kerry Propper - 0
Antonio Ruiz-Gimenez - 0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>ATW Master Fund V LP - 116,024*
ATW Partners Opportunities Management, LLC - 116,024*
Kerry Propper - 116,024*
Antonio Ruiz-Gimenez - 116,024*</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
        <classOwnership5PercentOrLess>N</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <exhibitInfo>Exhibit I - JOINT FILING STATEMENT</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>ATW Master Fund V LP</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Kerry Propper</signature>
        <title>Kerry Propper, a Managing Member of the General Partner</title>
        <date>10/28/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>ATW Partners Opportunities Management, LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Kerry Propper</signature>
        <title>Kerry Propper, a Managing Member</title>
        <date>10/28/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Kerry Propper</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Kerry Propper</signature>
        <title>Individually</title>
        <date>10/28/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Antonio Ruiz-Gimenez</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Antonio Ruiz-Gimenez</signature>
        <title>Individually</title>
        <date>10/28/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>

</edgarSubmission>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>2
<FILENAME>ex1.htm
<TEXT>
<!DOCTYPE html>
<html ><head></head><body style='font: 10pt Times New Roman, Times, Serif'>
<p style='text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>&nbsp;</font></p>
<p style='font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: right'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>Exhibit I</font></p>
<p style='font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>&nbsp;</font></p>
<p style='font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>JOINT FILING STATEMENT</font></p>
<p style='font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>PURSUANT TO RULE 13D-1(K)(1)</font></p>
<p style='font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 67.5pt'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>&nbsp;</font></p>
<p style='font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>The undersigned hereby consent and agree to the joint
filing of Schedule 13G under the Securities Exchange Act of 1934, as amended, with respect to the Shares of ENDRA Life Sciences Inc.
together with any or all amendments thereto, when and if required. The parties hereto further consent and agree to file this Joint Filing
Statement pursuant to Rule13d-1(k)(1)(iii) as an exhibit to Schedule 13G, thereby incorporating the same into such Schedule 13G.</font></p>
<p style='font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>&nbsp;</font></p>
<p style='font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>This Joint Filing Statement may be terminated by any
of the undersigned upon written notice or such lesser period of notice as the undersigned may mutually agree.</font></p>
<p style='font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>&nbsp;</font></p>
<p style='font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>Dated: October 28, 2025</font></p>
<p style='font: 10pt Times New Roman, Times, Serif; margin: 0pt'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>&nbsp;</font></p>
<table cellspacing='0' cellpadding='0' style='font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse'>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>&nbsp;</font></td>
<td colspan='2'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>ATW Master Fund V LP</font></td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td style='width: 50%'>&nbsp;</td><td style='width: 3%'>&nbsp;</td><td style='width: 47%'>&nbsp;</td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td>&nbsp;</td><td>By:</td><td style='border-bottom: Black 1pt solid'><i>/s/
Kerry Propper</i></td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td>&nbsp;</td><td>&nbsp;</td><td>Kerry Propper, a Managing Member of the General Partner</td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>&nbsp;</font></td>
<td colspan='2'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>ATW Partners Opportunities Management, LLC</font></td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td style='width: 50%'>&nbsp;</td><td style='width: 3%'>&nbsp;</td><td style='width: 47%'>&nbsp;</td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td>&nbsp;</td><td>By:</td><td style='border-bottom: Black 1pt solid'><i>/s/
Kerry Propper</i></td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td>&nbsp;</td><td>&nbsp;</td><td>Kerry Propper, a Managing Member</td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>&nbsp;</font></td>
<td colspan='2'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>Kerry Propper</font></td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td style='width: 50%'>&nbsp;</td><td style='width: 3%'>&nbsp;</td><td style='width: 47%'>&nbsp;</td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td>&nbsp;</td><td>By:</td><td style='border-bottom: Black 1pt solid'><i>/s/
Kerry Propper</i></td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td>&nbsp;</td><td>&nbsp;</td><td>Individually</td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>&nbsp;</font></td>
<td colspan='2'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>Antonio Ruiz-Gimenez</font></td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td style='width: 50%'>&nbsp;</td><td style='width: 3%'>&nbsp;</td><td style='width: 47%'>&nbsp;</td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td>&nbsp;</td><td>By:</td><td style='border-bottom: Black 1pt solid'><i>/s/
Antonio Ruiz-Gimenez</i></td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td>&nbsp;</td><td>&nbsp;</td><td>Individually</td></tr>
<tr style='font: 10pt Times New Roman, Times, Serif; vertical-align: top'><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td></tr>
</table>
<div style='margin-bottom: 6pt; border-bottom: Black 1pt solid'><table cellpadding='0' cellspacing='0' style='border-collapse: collapse; width: 100%; font-size: 10pt'><tr style='vertical-align: top; text-align: left'><td style='text-align: left; width: 100%'>&nbsp;</td></tr></table></div>
<p style='font: 10pt Times New Roman, Times, Serif; margin: 0pt'><font style='font-family: Times New Roman, Times, Serif; font-size: 10pt'>&nbsp;</font></p>
</body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
