SC 13G/A: UNIVERSAL SECURITY INSTRUMENTS INC

AI Summary

SC 13G/A filing by UNIVERSAL SECURITY INSTRUMENTS INC.

Risk Assessment

Risk Level: low

FAQ

Key Financial Figures

• $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securiti

Filing Documents

• UUU_13gv3.htm (SC 13G/A) — 101KB
• 0001700205-24-000001.txt ( ) — 103KB

(a). Name of Issuer

Item 1(a). Name of Issuer: University Security Instruments Inc. (the “Issuer”)

(b). Address of Issuer’s Principal Executive Offices

Item 1(b). Address of Issuer’s Principal Executive Offices: 11407 Cronhill Drive, Suite A Owings Mills, MD 21117

(a). Name of Persons Filing

Item 2(a). Name of Persons Filing: This with respect to the shares of Common Stock of the Company: (i) Auctus Fund, LLC (ii) Auctus Fund Management LLC (iii) Alfred Sollami (iv) Louis Posner

(b). Address of Principal Business Office or, if none, Residence

Item 2(b). Address of Principal Business Office or, if none, Residence: (i) Auctus Fund, LLC 535 Boylston Street, 3rd Floor, Suite 301 Boston, MA 02116 (ii) Auctus Fund Management LLC 535 Boylston Street, 3rd Floor, Suite 301 Boston, MA 02116 (iii) Alfred Sollami 535 Boylston Street, 3rd Floor, Suite 301 Boston, MA 02116 (iv) Louis Posner 535 Boylston Street, 3rd Floor, Suite 301 Boston, MA 02116

(c). Citizenship

Item 2(c). Citizenship: (i) Auctus Fund, LLC – DE (ii) Auctus Fund Management LLC – DE (iii) Alfred Sollami – USA (iv) Louis Posner – USA

(d). Title of Class of Securities

Item 2(d). Title of Class of Securities: Common Stock, par value $0.01 per share (“Common Stock”)

(e). CUSIP Number

Item 2(e). CUSIP Number: 913821302

If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check

Item 3. If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: (e) [x] An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E) (g) [x] Parent Holding Company or control person in accordance with Rule 13d-1(b)(1)(ii)(G)

Ownership

Item 4. Ownership (i) Auctus Fund, LLC (a) Amount beneficially owned: 0 (b) Percent of class: 0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 0 (ii) Auctus Fund Management, LLC (a) Amount beneficially owned: 0 (b) Percent of class: 0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 0 (iii) Alfred Sollami (a) Amount beneficially owned: 0 (b) Percent of class: 0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 0 (iv) Louis Posner (a) Amount beneficially owned: 0 (b) Percent of class: 0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 0 CUSIP No. 913821302 13G/A Page 6 of 8 Pages Item 5. a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ X ]. Item 6. Person: Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired

Certifications

Item 10. Certifications: Each of the Reporting Persons makes the following certification: By signing below each Reporting Person certifies that, to the best of its 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 transaction having that purpose or effect. After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: February 14, 2024 Auctus Fund, LLC By: Auctus Fund Management, LLC, its Managing Member By: /s/ Alfred Sollami Name: Alfred Sollami Title: Managing Member Auctus Fund Management LLC By: /s/ Alfred Sollami Name: Alfred Sollami Title: Managing Member Alfred Sollami By: /s/ Alfred Sollami Louis Posner By: /s/ Louis Posner CUSIP No. 913821302 13G/A Page 7 of 8 Pages EXHIBIT A Joint Filing Agreement Pursuant to Rule 13d-1 This agreement is made pursuant to Rule 13d-l(k)(1) under the Securities Exchange Act of 1934, as amended (the "Act") by and among the parties listed below, each referenced to herein as a "Joint Filer". The Joint Filers agree that a statement of beneficial ownership as required by Sections 13(g) or 13(d) of the Act and the rules thereunder may be filed on each of his, her or its behalf on Schedule 13G or Schedule 13D, as appropriate, and that said joint filing may thereafter be amended by further joint filings. The Joint Filers state that they each satisfy the requirements for making a joint filing under Rule 13d-1(k). Dated: February 14, 2024 Auctus Fund, LLC By: Auctus Fund Management, LLC, its Managing Member By: /s/ Alfred Sollami Name: Alfred Sollami Title: Managing Member Auctus Fund Management LLC By: /s/ Alfred Sollami Name

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