Lynch Group Amends Northern Technologies Stake
Ticker: NTIC · Form: SC 13D/A · Filed: Sep 4, 2024 · CIK: 875582
Sentiment: neutral
Topics: schedule-13d, amendment, beneficial-ownership
Related Tickers: NTIC
TL;DR
Lynch group updated their stake in NTIC. Watch for potential moves.
AI Summary
G. Patrick Lynch, Jennifer S. Lynch, and Konomi K. Lynch, as a group, have amended their Schedule 13D filing regarding Northern Technologies International Corp. The filing, dated September 4, 2024, indicates a change in their beneficial ownership as of August 26, 2024. Inter Alia Holding Company is also listed as a filer.
Why It Matters
This amendment signals a potential shift in control or strategy for Northern Technologies International Corp, as key individuals and an associated company update their beneficial ownership disclosures.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty.
Key Players & Entities
- G. Patrick Lynch (person) — Filer and group member
- Jennifer S. Lynch (person) — Filer and group member
- Konomi K. Lynch (person) — Filer and group member
- Northern Technologies International Corp (company) — Subject company
- Inter Alia Holding Company (company) — Filer
FAQ
What specific changes in beneficial ownership are detailed in this amendment?
The filing is an amendment (No. 5) to a Schedule 13D, indicating a change in beneficial ownership as of August 26, 2024, but the exact percentage or number of shares changing hands is not specified in the provided text.
Who are the individuals and entities filing this amendment?
The filing is made by a group including G. Patrick Lynch, Jennifer S. Lynch, Konomi K. Lynch, and Inter Alia Holding Company.
What is the subject company of this filing?
The subject company is Northern Technologies International Corp.
When was the event triggering this amendment?
The date of the event which requires this filing was August 26, 2024.
What is the business address of Northern Technologies International Corp?
The business address is 4201 Woodland Road, P.O. Box 69, Circle Pines, Minnesota 55014.
Filing Stats: 2,663 words · 11 min read · ~9 pages · Grade level 9.9 · Accepted 2024-09-04 20:42:31
Key Financial Figures
- $0.02 — ration (Name of Issuer) Common Stock, $0.02 Par Value (Title of Class of Securitie
- $10.05 — withheld to cover the exercise price of $10.05 per share and required tax withholding
- $13.26 — of Common Stock at an exercise price of $13.26 per share under the Northern Technologi
- $6.70 — tock at exercise prices ranging between $6.70 and $18.23 per share. Of these options,
- $18.23 — ercise prices ranging between $6.70 and $18.23 per share. Of these options, options to
Filing Documents
- ef20035500_sc13da.htm (SC 13D/A) — 162KB
- ef20035500_ex99-1.htm (EX-99.1) — 6KB
- 0001140361-24-040129.txt ( ) — 170KB
From the Filing
SC 13D/A 1 ef20035500_sc13da.htm SC 13D/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 5)* Northern Technologies International Corporation (Name of Issuer) Common Stock, $0.02 Par Value (Title of Class of Securities) 665809 10 9 (CUSIP Number) G. Patrick Lynch Inter Alia Holding Company c/o Northern Technologies International Corporation 4201 Woodland Road, P.O. Box 69 Circle Pines, Minnesota 55014 (763) 225-6636 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 26, 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: * 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. 665809 10 9 SCHEDULE 13D Page 2 of 11 1 NAMES OF REPORTING PERSONS Inter Alia Holding Company 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) Not applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Ohio NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 1,203,334 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 1,203,334 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,203,334 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) 12.7% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO 2 of 11 CUSIP NO. 665809 10 9 SCHEDULE 13D Page 3 of 11 1 NAMES OF REPORTING PERSONS G. Patrick Lynch 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) Not applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 346,856 (2) 8 SHARED VOTING POWER 1,203,334 (1) 9 SOLE DISPOSITIVE POWER 346,856 (2) 10 SHARED DISPOSITIVE POWER 1,203,334 (1) 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,550,190 (1) 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) 16.4% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN (1) Consists of shares of common stock held by Inter Alia Holding Company. (2) Includes 241,572 shares of common stock issuable upon exercise of stock options that are either currently exercisable or exercisable within 60 days of September 3, 2024. 3 of 11 CUSIP NO. 665809 10 9 SCHEDULE 13D Page 4 of 11 1 NAMES OF REPORTING PERSONS Jennifer S. Lynch 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) Not applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 1,203,334 (1) 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 1,203,334 (1) 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,203,334 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) 12.7% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN (1) Consists of shares of common stock held by Inter Alia Holding Company. 4 of 11 CUSIP NO. 665809 10 9 SCHEDULE 13D Page 5 of 11 1 NAMES OF REPORTING PERSONS Konomi K. Lynch 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) Not applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE V