Francisco Trust Amends DYAI Stake Disclosure

TL;DR

**Francisco Trust updated its Dyadic International (DYAI) ownership, signaling a potential shift in institutional interest.**

AI Summary

The Francisco Trust, under an agreement dated February 28, 1996, has filed an amended SC 13G/A for Dyadic International, Inc. (DYAI), indicating a change in their beneficial ownership as of December 31, 2023. This filing, an amendment to a previous disclosure, updates the public record on a significant institutional holder's stake. For investors, this matters because large institutional ownership changes can signal shifts in confidence or strategy regarding the company's future prospects.

Why It Matters

This filing updates the public record on a significant institutional holder's stake in Dyadic International, Inc., which can influence investor sentiment and stock price.

Risk Assessment

Risk Level: low — This is a routine amendment to a beneficial ownership filing, indicating a change in reporting rather than a direct operational risk to the company.

Analyst Insight

An investor should monitor subsequent filings from the Francisco Trust to understand the magnitude and direction of any changes in their beneficial ownership, as this could indicate a shift in institutional confidence in Dyadic International, Inc.

Key Players & Entities

• Francisco Trust (company) — beneficial owner of Dyadic International Inc. shares
• Dyadic International, Inc. (company) — the issuer of the securities
• Thomas Emalfarb (person) — Trustee authorized to receive notices for the Francisco Trust
• Robert S. Levin, Esq. (person) — Trustee for the Francisco Trust's business address

FAQ

Key Financial Figures

• $0.001 — Inc. (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securiti

Filing Documents

• formsc13ga.htm (SC 13G/A) — 79KB
• 0001493152-24-004607.txt ( ) — 81KB

From the Filing

SC 13G/A 1 formsc13ga.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* Dyadic International, Inc. (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securities) 26745T101 (CUSIP Number) Thomas Emalfarb, Trustee 3128 San Michele Drive Palm Beach Gardens, FL 33418 (561) 430-7887 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 31, 2023 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 26745T101 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Francisco Trust under agreement dated February 28, 1996 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Illinois Number of Shares Beneficially Owned by Each Reporting Person With 5. SOLE VOTING POWER 3,548,528 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 3,548,528 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,548,528 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.32% (1) 12. TYPE OF REPORTING PERSON (see instructions) IN (2) Based on 28,811,061 Shares outstanding as of November 7, 2023, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 8, 2023. Item 1. (a) Name of Issuer Dyadic International, Inc. (b) Address of Issuer’s Principal Executive Offices 140 Intracoastal Pointe Drive, Suite 404 Jupiter, FL 33477 Item 2. (a) Name of Person Filing Francisco Trust under agreement dated February 28, 1996 (b) Address of the Principal Office or, if none, residence 3128 San Michele Drive Palm Beach Gardens, FL 33418 (c) Citizenship Illinois (d) Title of Class of Securities Common Stock, par value $0.001 (e) CUSIP Number 26745T101 Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) Group, in accordance with §240.13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 3,548,528 (b) Percent of class: 12.32%. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 3,548,528 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 3,548,528 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following . Instruction . Dissolution of a group requires a response to this item. Item 6. Ownership of More than Five Percent on

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