SC 13G/A: SCIENTIFIC INDUSTRIES INC

AI Summary

SC 13G/A filing by SCIENTIFIC INDUSTRIES INC.

Risk Assessment

Risk Level: low

FAQ

Key Financial Figures

• $0.05 — ame of Issuer) Common Stock, par value $0.05 per share (Title of Class of Securitie

Filing Documents

• form_sc13ga-scientific.htm (SC 13G/A) — 92KB
• 0001011438-24-000287.txt ( ) — 94KB

(a)

Item 1(a) Name of Issuer. Scientific Industries, Inc.

(b)

Item 1(b) Address of Issuer's Principal Executive Offices. 80 Orville Drive, Suite 102 Bohemia, New York 11716

(a)

Item 2(a) Name of Person Filing. (1) North Run Capital, LP (2) North Run Advisors, LLC (3) Todd B. Hammer (4) Thomas B. Ellis

(b)

Item 2(b) Address of Principal Business Office, or, if none, Residence. For all Filers: 867 Bolyston St. 5th Floor #1361 Boston, MA 02116

(c)

Item 2(c) Citizenship or Place of Organization. (1) North Run Capital, LP is a Delaware limited partnership. (2) North Run Advisors, LLC is a Delaware limited liability company. (3) Todd B. Hammer is a U.S. citizen. (4) Thomas B. Ellis is a U.S. citizen.

(d)

Item 2(d) Title of Class of Securities. Common Stock, par value $0.05 par share.

(e)

Item 2(e) CUSIP Number. 808757108 Item 3 Reporting Person. Inapplicable. Item 4 (a) The Investment Manager, North Run, Todd B. Hammer and Thomas B. Ellis may be deemed the beneficial owners of 1,101,952 shares of Common Stock. This amount consists of (i) 575,000 shares of Common Stock and (ii) warrants exercisable to purchase shares of Common Stock, which, due to the beneficial ownership limitations in such warrants, are currently exercisable for 526,952 shares of Common Stock. (b) The Investment Manager, North Run, Todd B. Hammer and Thomas B. Ellis may be deemed the beneficial owners of 9.99% of the outstanding shares of Common Stock. This percentage was determined by dividing 1,101,952 by 10,503,599, which is the number of shares of Common Stock outstanding as of March 12, 2024, according to the Issuer's Form S-1 filed on March 15, 2024 with the Securities and Exchange Commission, plus shares that may be acquired by such Reporting Persons within 60 days. (c) The Investment Manager, North Run, Todd B. Hammer and Thomas B. Ellis have the shared power to vote and dispose of the 1,101,952 shares of Common Stock beneficially owned. Item 5 Inapplicable. Item 6 Inapplicable. Item 7 Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company. Inapplicable. Item 8 Identification and Classification of Members of the Group. Inapplicable. Item 9 Notice of Dissolution of Group. Inapplicable. Item 10 Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transacti

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