Williams & Novak Discloses 4,172 Shares in Sypris Solutions

TL;DR

**Williams & Novak just bought 4,172 shares of SYPRIS SOLUTIONS.**

AI Summary

Williams & Novak, LLC, an investment firm based in Westlake Village, CA, reported beneficial ownership of 4,172 shares of SYPRIS SOLUTIONS INC common stock as of December 31, 2023. This filing, an SC 13G, indicates that Williams & Novak holds these shares with sole voting and sole dispositive power. This matters to investors because it signals a notable institutional investment in Sypris Solutions, potentially indicating confidence in the company's future prospects.

Why It Matters

This filing shows a new institutional investor, Williams & Novak, has taken a position in Sypris Solutions, which can be a positive signal for other investors.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of beneficial ownership and does not indicate any immediate risks to the company or its shareholders.

Analyst Insight

Investors should note this institutional ownership as a potential vote of confidence, but further research into Williams & Novak's investment strategy and Sypris Solutions' fundamentals is warranted before making investment decisions.

Key Numbers

• 4,172 — Shares Beneficially Owned (The total number of common shares of SYPRIS SOLUTIONS INC held by Williams & Novak, LLC.)

Key Players & Entities

• Williams & Novak, LLC (company) — the reporting person, an investment firm
• SYPRIS SOLUTIONS INC (company) — the subject company whose shares are being reported
• 4,172 (dollar_amount) — number of shares beneficially owned
• December 31, 2023 (date) — date of the event requiring the filing

Forward-Looking Statements

• Other institutional investors may take note of Williams & Novak's position in SYPRIS SOLUTIONS INC. (SYPRIS SOLUTIONS INC) — medium confidence, target: Q1 2024

FAQ

Filing Documents

• sypr_12224.htm (SC 13G) — 25KB
• 0001085146-24-000393.txt ( ) — 27KB

(a)

ITEM 1(a). NAME OF ISSUER: SYPRIS SOLUTIONS, INC

(b)

ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 101 BULLITT LANE, SUITE 450 LOUISVILLE, KY, 40222

(a)

ITEM 2(a). NAME OF PERSON FILING: WILLIAMS & NOVAK

(b)

ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 30700 RUSSELL RANCH ROAD, SUITE 250 WESTLAKE VILLAGE, CA 91362

(c)

ITEM 2(c). CITIZENSHIP: UNITED STATES

(d)

ITEM 2(d). TITLE OF CLASS OF SECURITIES: COMMON

(e)

ITEM 2(e). CUSIP NUMBER: 817655106 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. (a) Amount beneficially owned: 4,172,888 (b) Percent of class: 19% (c) Number of shares as to which the person has: (i) sole power to vote or to direct the vote: WILLIAMS & NOVAK : (ii) shared power to vote or to direct the vote: WILLIAMS & NOVAK : (iii) sole power to dispose or direct the disposition of: WILLIAMS & NOVAK : 4,172,888 (iv) shared power to dispose or to direct the disposition of: WILLIAMS & NOVAK : ITEM 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the benefici

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