Topline Capital Management Updates Usio Stake in SC 13G/A Filing
Ticker: USIO · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 1088034
| Field | Detail |
|---|---|
| Company | Usio, Inc. (USIO) |
| Form Type | SC 13G/A |
| Filed Date | Feb 12, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
Related Tickers: USIO
TL;DR
**Topline Capital Management just updated its Usio (USIO) stake, signaling continued institutional interest.**
AI Summary
Topline Capital Management, LLC, an investment firm, has updated its ownership stake in Usio, Inc. (USIO) as of December 31, 2023. This SC 13G/A filing, Amendment No. 4, indicates that Topline Capital Management, LLC continues to hold a significant position in Usio, Inc. This matters to investors because large institutional holdings can signal confidence in a company's future, but changes in these holdings can also impact stock price and liquidity.
Why It Matters
This filing shows that a major institutional investor, Topline Capital Management, LLC, is still involved with Usio, Inc., which can influence investor perception and the stock's stability.
Risk Assessment
Risk Level: low — This is an amendment to a passive ownership filing, indicating no immediate significant change in control or strategy, thus posing low risk.
Analyst Insight
Investors should note the continued institutional presence of Topline Capital Management in Usio, Inc., and monitor future filings for any significant changes in their ownership percentage, which could signal a shift in their investment thesis.
Key Players & Entities
- Usio, Inc. (company) — the subject company whose securities are being reported
- Topline Capital Management, LLC (company) — the reporting person filing the SC 13G/A
- COLLIN MCBIRNEY (person) — listed as a group member
- TOPLINE CAPITAL PARTNERS, LP (company) — listed as a group member
- December 31, 2023 (date) — the date of the event which requires the filing of the statement
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 4, as stated in the filing's title and form type.
Who is the subject company of this filing?
The subject company is Usio, Inc., identified by its CIK 0001088034 and its business address at 3611 Paesanos Parkway, Suite 300, San Antonio, TX 78231.
Who is the reporting person making this filing?
The reporting person is Topline Capital Management, LLC, with CIK 0001792549 and a business address at 544 Euclid Street, Santa Monica, CA 90402.
What is the CUSIP number for the securities reported in this filing?
The CUSIP number for the Common Stock, $0.001 par value, of Usio, Inc. is 70438S202, as stated on the cover page.
What was the date of the event that triggered this filing?
The date of the event which requires the filing of this statement was December 31, 2023, as indicated on the cover page.
Filing Stats: 949 words · 4 min read · ~3 pages · Grade level 15 · Accepted 2024-02-12 12:30:52
Key Financial Figures
- $0.001 — Inc. (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securiti
Filing Documents
- d516654dsc13ga.htm (SC 13G/A) — 55KB
- d516654dex99a.htm (EX-99.A) — 5KB
- 0001193125-24-031567.txt ( ) — 62KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this Dated: February 12, 2024 TOPLINE CAPITAL MANAGEMENT, LLC By: /s/ Collin McBirney Collin McBirney Managing Member TOPLINE CAPITAL PARTNERS, LP By: Topline Capital Management, LLC, its general partner By: /s/ Collin McBirney Collin McBirney Managing Member COLLIN MCBIRNEY /s/ Collin McBirney 7 EXHIBIT LIST Exhibit A Joint Filing Undertaking