GK Partners ApS Amends Nordicus Partners Stake

Ticker: NORD · Form: SC 13D/A · Filed: Aug 23, 2024 · CIK: 1011060

Sentiment: neutral

Topics: sec-filing, schedule-13d, ownership-change

TL;DR

GK Partners ApS updated their Nordicus Partners stake filing. Watch for potential moves.

AI Summary

GK Partners ApS filed an amendment (No. 4) to its Schedule 13D on August 23, 2024, regarding its holdings in Nordicus Partners Corporation. The filing indicates a change in the beneficial ownership of Nordicus Partners Corporation's common stock by GK Partners ApS.

Why It Matters

This filing signals a potential shift in control or strategy for Nordicus Partners Corporation, as a significant shareholder has updated their disclosure.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, which can introduce volatility.

Key Players & Entities

FAQ

What is the CUSIP number for Nordicus Partners Corporation?

The CUSIP number for Nordicus Partners Corporation is 28265K205.

Who is filing the Schedule 13D/A amendment?

GK Partners ApS is filing the Schedule 13D/A amendment.

What is the filing date of this amendment?

The filing date of this amendment is August 23, 2024.

What is the subject company's name?

The subject company's name is Nordicus Partners Corporation.

What is the amendment number for this filing?

This is Amendment No. 4 to Schedule 13D.

Filing Stats: 1,555 words · 6 min read · ~5 pages · Grade level 8.5 · Accepted 2024-08-23 13:54:17

Key Financial Figures

Filing Documents

From the Filing

SC 13D/A 1 formsc13da.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 4 to SCHEDULE 13D Under the Securities Exchange Act of 1934 Nordicus Partners Corporation (Name of Issuer) Common Stock (Title of Class of Securities) 28265K205 (CUSIP Number) GK Partners ApS Dyrehavevej 3B DK-2930 Klampenborg, Denmark (+45) 20 30 59 61 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 14, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Note : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent. * 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. 28265K205 13D Page 2 of 5 Pages 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) GK Partners ApS 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) (b) 3. SEC USE ONLY 4. SOURCE OF FUNDS (see instructions) PF 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6. CITIZENSHIP OR PLACE OF ORGANIZATION Denmark NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7. SOLE VOTING POWER 22,420,551 8. SHARED VOTING POWER 9. SOLE DISPOSITIVE POWER 22,420,551 10. SHARED DISPOSITIVE POWER 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 22,420,551 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 45.2 14. TYPE OF REPORTING PERSON (see instructions) PN CUSIP No. 28265K205 13D Page 3 of 5 Pages Item 1. Security and Issuer. The issuer is Nordicus Partners Corporation, a Delaware corporation (the “Company”). The title of the class of equity securities to which this Statement relates is Common Stock, par value $0.001 per share (“Shares”). The Company’s principal executive office is: 280 South Beverly Drive, Suite 505, Beverly Hills, CA 90212. All share and per-share amounts in this Schedule reflect a 1-for-50 reverse stock split effectuated on March 8, 2022. Item 2. Identity and Background. (a) This Statement is being filed by GK Partners ApS (the “Reporting Person” or “GKP”). (b) The Reporting Person’s business address is: Dyrehavevej 3B, DK-2930 Klampenborg, Denmark. (c) Not applicable. (d) The Reporting Person has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of any such proceeding was not or is not subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) The Reporting Person is a private limited company (Anpartsselskab) organized in Denmark. Item 3. Source or Amount of Funds or Other Consideration. See Item 4. Item 4. Purpose of Transaction. On April 1, 2022, the Company issued GKP Person a warrant to purchase 6,000,000 Shares at an exercise price of $1.00 per share (the “Warrant”). To date GKP has exercised portions of the Warrant as follows: February 14, 2023: 115,000 Shares; June 26, 2023: 25,000 shares; July 24, 2023: 25,000 Shares; and August 24, 2023: 30,000 Shares. On October 1, 2021, GKP made a loan of $142,290 (the “Loan”) to Reddington Partners LLC, a California limited liability company (“Reddington”). On October 12, 2021, the Company entered into a Stock Purchase Agreement (the “SPA”) between the Company and Reddington providing for the purchase in two tranches from the Company by Reddington of 5,114,475 restricted Shares.

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