North Star Investment Management Updates Acme United Stake

TL;DR

**North Star Investment Management just updated their stake in Acme United.**

AI Summary

North Star Investment Management Corp. filed an amended SC 13G/A on January 10, 2024, indicating their ownership of Acme United Corporation's common stock as of December 31, 2023. This filing, Amendment No. 22, updates their previous disclosures regarding their stake in Acme United, a company known for cutlery and handtools. This matters to investors because it provides transparency into significant institutional ownership, which can influence stock stability and investor confidence.

Why It Matters

This filing shows that a major institutional investor, North Star Investment Management Corp., continues to hold a position in Acme United, signaling their ongoing interest in the company.

Risk Assessment

Risk Level: low — This is a routine amendment filing, indicating no immediate significant risk or change in company fundamentals.

Analyst Insight

Investors should note that North Star Investment Management Corp. maintains its position in Acme United, suggesting continued institutional confidence. While this filing doesn't reveal a change in ownership, it confirms their ongoing stake, which can be a positive signal for long-term holders.

Key Players & Entities

• North Star Investment Management Corp. (company) — the entity filing the SC 13G/A
• Acme United Corporation (company) — the subject company whose securities are being reported
• Delaware (company) — place of organization for North Star Investment Management Corp.
• $2.50 (dollar_amount) — par value of Acme United Corporation's common stock

FAQ

Key Financial Figures

• $2.50 — ation (Name of Issuer) Common Stock. $2.50 par value (Title of Class of Securiti

Filing Documents

• formsc13ga.htm (SC 13G/A) — 26KB
• 0001062993-24-000766.txt ( ) — 28KB

Ownership

Item 4. Ownership The information reported below in this Item 4 is as of December 31, 2023. The percentage set forth in Item 4(b) is based on 3,585,070 shares of the Issuer's Common Stock outstanding as of November 3, 2023, as reported in the Issuer's Form 10-Q for the quarter ended September 30, 2023 (as filed November 8, 2023). (a) Amount Beneficially Owned: 367,219 (b) Percent of Class: 10.24% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 234,481 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 234,481 (iv) Shared power to dispose or to direct the disposition of: 132,738

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. Not Applicable.

Ownership of more than Five Percent on Behalf of Another Person

Item 6. Ownership of more than Five Percent on Behalf of Another Person. Not Applicable. Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person. Not Applicable.

Identification and classification of members of the group

Item 8. Identification and classification of members of the group. Not Applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not Applicable. Page 4 of 5

Certifications

Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 of the securities and were not acquired and are not held in connection with or as a participant in any transaction having the purposes or effect, other than activities solely in connection with nomination under 240.14a-11. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 10, 2024 NORTH STAR INVESTMENT MANAGEMENT CORPORATION /s/ Andrew Eisenberg Andrew Eisenberg/Chief Compliance Officer The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). Page 5 of 5

View Full Filing

View this SC 13G/A filing on SEC EDGAR