Bristol Investment Fund Amends 13D for Research Solutions Inc.

TL;DR

**Bristol Investment Fund just updated its stake in Research Solutions, signaling a potential shift in their investment strategy.**

AI Summary

Bristol Investment Fund, Ltd. filed an Amendment No. 6 to its Schedule 13D on February 12, 2024, updating its beneficial ownership in Research Solutions, Inc. as of December 31, 2023. This filing indicates a change in their holdings, which is important for investors because Bristol Investment Fund is a significant shareholder, and their actions can influence the stock's perception and potentially its price. Investors should note that this is an amendment, suggesting an ongoing relationship and potentially evolving strategy from a major institutional holder.

Why It Matters

Changes in holdings by large institutional investors like Bristol Investment Fund can signal their confidence (or lack thereof) in a company's future, potentially influencing other investors' decisions and the stock's market performance.

Risk Assessment

Risk Level: medium — While an amendment itself isn't inherently risky, changes in a major holder's position can introduce volatility or uncertainty for other shareholders.

Analyst Insight

A smart investor would monitor subsequent filings from Bristol Investment Fund, Ltd. to understand the nature of their updated position (e.g., increase, decrease, or change in intent) and assess its potential impact on Research Solutions, Inc.'s stock price and future strategy.

Key Players & Entities

• Bristol Investment Fund, Ltd. (company) — the reporting person filing the SC 13D/A
• Research Solutions, Inc. (company) — the subject company whose securities are being reported
• Amy Wang, Esq. (person) — person authorized to receive notices for Bristol Capital Advisors, LLC
• Bristol Capital Advisors, LLC (company) — associated with the reporting person
• December 31, 2023 (date) — date of event requiring the filing
• February 12, 2024 (date) — date the SC 13D/A was filed

FAQ

Key Financial Figures

• $435,172.27 — 243,522 Shares owned by Bristol Fund is $435,172.27 in cash. Item 5. Interest in Securitie

Filing Documents

• bristol_13da.htm (SC 13D/A) — 26KB
• 0001683168-24-000881.txt ( ) — 28KB

Identity and Background

Item 2. Identity and Background (a) This statement is being jointly filed by Bristol Investment Fund, Ltd., a Cayman Islands exempted company ("Bristol Fund") and Paul Kessler ("Mr. Kessler"). Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." Paul Kessler, as (i) manager of the investment advisory firm to Bristol Fund and (ii) beneficiary of the IRA account through which Mr. Kessler's shares are held, has the power to vote and dispose of the Issuer's shares owned by the Reporting Persons. Mr. Kessler disclaims beneficial ownership of the Shares owned by Bristol Fund. (b) Bristol is a privately held fund that invests primarily in publicly traded growth companies through the purchase of various securities in private placement transactions. The address of Bristol’s registered office is Citco Trustees (Cayman) Limited, 89 Nexus Way, Camana Bay, Grand Cayman KY1-1205, Cayman Islands. Bristol Capital Advisors, LLC, an entity organized under the laws of the State of Delaware (“BCA”), is the investment advisor to Bristol Fund. The principal (c) No Reporting Person has, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction, as a result of which it was or is 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.

Source and Amount of Funds or Other Consideration

Item 3. Source and Amount of Funds or Other Consideration The aggregate purchase price for the 1,243,522 Shares owned by Bristol Fund is $435,172.27 in cash.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer Bristol Investment Fund, Ltd. owns 1,243,522 Shares, which represents approximately 4.20% of the Shares outstanding, based upon 29,624,085 Shares outstanding as of November 3, 2023.

Contracts, Arrangements, Understandings or Relationships

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Other than as described herein, there are no contracts, arrangements, understandings or relationships among the Reporting Persons, or between the Reporting Persons and any other person, with respect to the securities of the Issuer. 3 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: February 12, 2024 BRISTOL INVESTMENT FUND, LTD. By: /s/ Paul Kessler Paul Kessler, Director 4

View Full Filing

View this SC 13D/A filing on SEC EDGAR