EMG Madonna Foundation Holds 69,141 Shares of M-tron Industries

TL;DR

**EMG Madonna Foundation owns 69,141 shares of M-tron, watch for potential influence!**

AI Summary

The EMG Madonna Educational Foundation Inc. filed an amended Schedule 13D/A on January 8, 2024, disclosing its beneficial ownership in M-tron Industries, Inc. As of January 3, 2024, the Foundation holds sole voting and dispositive power over 69,141 shares of M-tron's Common Stock. This filing indicates a significant, concentrated holding by an educational foundation, which could influence corporate governance or future strategic decisions for M-tron Industries.

Why It Matters

This filing shows a notable institutional investor's stake, which can signal confidence in the company or potentially lead to shareholder activism if the foundation decides to exert its influence.

Risk Assessment

Risk Level: low — This filing primarily updates beneficial ownership and does not indicate any immediate negative risks or significant changes in company operations.

Analyst Insight

Investors should note the stable, significant ownership by an educational foundation, which typically implies a long-term holding strategy. This could be a positive signal for stability but doesn't suggest immediate catalysts.

Key Numbers

• 69,141 — Shares Beneficially Owned (Represents the total number of shares of M-tron Industries, Inc. Common Stock held by The EMG Madonna Educational Foundation Inc. with sole voting and dispositive power as of January 3, 2024.)
• January 3, 2024 — Date of Event (The specific date that triggered the requirement for this amendment to the Schedule 13D filing.)

Key Players & Entities

• M-tron Industries, Inc. (company) — the issuer of the securities
• The EMG Madonna Educational Foundation Inc. (company) — the reporting person and beneficial owner
• Peter Goldstein (person) — person authorized to receive notices for the filing
• 69,141 (dollar_amount) — number of shares beneficially owned

Forward-Looking Statements

• The EMG Madonna Educational Foundation Inc. will maintain its current stake in M-tron Industries, Inc. for the foreseeable future. (The EMG Madonna Educational Foundation Inc.) — medium confidence, target: 2025-01-08

FAQ

Key Financial Figures

• $0.01 — ame of Issuer) Common Stock, par value $0.01 (Title of Class of Securities) ______

Filing Documents

• mpti_04_mg.htm (SC 13D/A) — 48KB
• 0000807249-24-000008.txt ( ) — 50KB

Security and Issuer

Item 1. Security and Issuer This Amendment No. 4 to Schedule 13D on the Common Stock of M-Tron Industries, Inc. (the "Issuer") is being filed on behalf of the undersigned to amend the Schedule 13D, as amended (the "Schedule 13D") which was originally filed on December 5, 2023. Unless otherwise indicated, all capitalized terms used herein but not defined herein shall have the same meanings as set forth in the Schedule 13D.

Identity and Background

Item 2. Identity and Background This statement is being filed by Marc J. Gabelli, EMG Madonna Educational Foundation Inc. ("Foundation"), Venator Global, LLC ("Venator Global) and Venator Merchant Fund, L.P. ("Venator Fund") (collectively, the "Reporting Persons"). Mr. Gabelli is the Treasurer of EMG Madonna Educational Foundation and the President of Venator Global, LLC, the general partner of Venator Merchant Fund, LP, an investment management firm. Mr. Gabelli is also the Chairman of the Board of Directors of the Issuer. Mr. Gabelli's business address is 189 Mason Street, Greenwich, CT 06830. The Foundation is a private foundation. Marc Gabelli is the Treasurer of the Foundation. The business address is 1177 6 th Avenue, 18 th Floor, New York, New York 10036. Venator Fund is an investment management firm whose objective is to provide capital appreciation by investing in public and private companies. Venator Global is the general partner of Venator Fund. The business address of each of Venator Global and Venator Fund is c/o Marc Gabelli, The LGL Group, Inc., 2525 Shader Road, Orlando, FL 32804.

Interest In Securities Of The Issuer

Item 5. Interest In Securities Of The Issuer

to Schedule 13D is amended, in pertinent part, as follows

Item 5 to Schedule 13D is amended, in pertinent part, as follows: (a) The aggregate number of Securities to which this Schedule 13D relates is 179,018 shares, representing 6.42% of the 2,787,860 shares outstanding as reported in the Issuer's most recently filed Form 10-Q for the quarterly period ended September 30, 2023. The Reporting Persons beneficially own those Securities as follows: Name Shares of Common Stock % of Class of Common Foundation 69,141 2.48% Venator Global 68,321 2.45% Marc Gabelli 41,556 1.49% (b) Each of the Reporting Persons may be deemed to have the sole power to vote and dispose of the Securities held by Venator Global and Venator Fund. Mr. Gabelli has the sole power to vote and dispose of the Securities he holds directly. (c) Information with respect to all transactions in the Securities which were effected during the past sixty days or since the most recent filing on Schedule 13D, whichever is less, by each of the Reporting Persons is set forth on Schedule II annexed hereto and incorporated herein by reference. 5 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: January 8, 2024 THE EMG MADONNA EDUCATIONAL FOUNDATION INC. VENATOR MERCHANT FUND, L.P. VENATOR GLOBAL, LLC By: /s/ Marc J. Gabelli Marc J. Gabelli 6 SCHEDULE II INFORMATION WITH RESPECT TO TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR SINCE THE MOST RECENT FILING ON SCHEDULE 13D SHARES PURCHASED AVERAGE DATE SOLD(-) PRICE THE EMG MADONNA EDUCATIONAL FOUNDATION INC. 01/05/2024 -27,368 34.8518 01/03/2024 -44,201 39.3864 (1) UNLESS OTHERWISE INDICATED, ALL TRANSACTIONS WERE EFFECTED ON THE NYSE. (2) PRICE EXCLUDES COMMISSION. 7

View Full Filing

View this SC 13D/A filing on SEC EDGAR