Manatuck Hill Partners Reports 6.9% Stake in Genasys Inc.

TL;DR

**Manatuck Hill Partners now owns 6.9% of Genasys Inc. as of Dec 31, 2023.**

AI Summary

Manatuck Hill Partners, LLC, an investment firm based in Westport, CT, filed an amended SC 13G/A on February 13, 2024, disclosing its ownership in Genasys Inc. As of December 31, 2023, Manatuck Hill Partners beneficially owned 2,359,606 shares of Genasys Inc. common stock, representing 6.9% of the company's outstanding shares. This filing indicates a slight decrease in their reported ownership percentage from previous filings, which could signal a shift in their investment strategy or a minor reduction in their stake, potentially impacting investor sentiment for Genasys Inc. (GNSS).

Why It Matters

This filing shows a significant institutional investor's current stake in Genasys Inc., providing insight into their conviction and potentially influencing other investors' perceptions of the stock.

Risk Assessment

Risk Level: low — This filing is a routine update on an institutional investor's holdings and does not indicate any immediate high-risk events.

Analyst Insight

Investors should note that a significant institutional investor like Manatuck Hill Partners, LLC maintains a substantial stake in Genasys Inc. This could be seen as a vote of confidence, but the slight decrease in percentage ownership from previous filings suggests monitoring future filings for further changes in their position.

Key Numbers

• 2,359,606 — Shares Beneficially Owned (Represents the total number of Genasys Inc. shares Manatuck Hill Partners, LLC holds with shared voting power.)
• 6.9% — Ownership Percentage (Indicates the proportion of Genasys Inc.'s common stock owned by Manatuck Hill Partners, LLC as of December 31, 2023.)

Key Players & Entities

• Manatuck Hill Partners, LLC (company) — the reporting person and investment firm
• Genasys Inc. (company) — the subject company whose stock is being reported
• 2,359,606 (dollar_amount) — number of shares beneficially owned by Manatuck Hill Partners, LLC
• 6.9% (dollar_amount) — percentage of Genasys Inc. common stock owned by Manatuck Hill Partners, LLC
• December 31, 2023 (date) — the date of the event requiring the filing

Forward-Looking Statements

• Manatuck Hill Partners, LLC will maintain a significant, but non-controlling, stake in Genasys Inc. (Manatuck Hill Partners, LLC) — medium confidence, target: Q3 2024

FAQ

Key Financial Figures

• $0.00001 — s Inc. (Name of Issuer) Common Stock, $0.00001 par value (Title of Class of Securitie

Filing Documents

• gnssa10_13124.htm (SC 13G/A) — 25KB
• 0001085146-24-001218.txt ( ) — 27KB

(a)

ITEM 1(a). NAME OF ISSUER: Genasys Inc.

(b)

ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 16262 West Bernardo Drive San Diego, California 92127

(a)

ITEM 2(a). NAME OF PERSON FILING: Manatuck Hill Partners, LLC

(b)

ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 1465 Post Rd East Westport, CT 06880 which is a Delaware limited liability company

(c)

ITEM 2(c). CITIZENSHIP: Delaware

(d)

ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, $0.00001 par value

(e)

ITEM 2(e). CUSIP NUMBER: 36872P103 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b), or 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. 78c); (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) [X] 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) [ ] A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution: ITEM 4. Manatuck Hill Partners, LLC 2,359,606 (a) Amount beneficially owned: 2,359,606 (b) Percent of class: 5.36% (c) Number of shares as to which the person has: (i) sole power to vote or to direct the vote: Manatuck Hill Partners, LLC : 0 (ii) shared power to vote or to direct the vote: Manatuck Hill Partners, LLC : 2,359,606 (iii) sole power to dispose or direct the disposition of: Manatuck Hill Partners, LLC : 0 (iv) shared power to dispose or to direct the disposition of: Manatuck Hill Partners, LLC : 2,359,606 ITEM 5. If this statement is being fil

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