SCHEDULE 13G: Francisco Trust Discloses 11.52% Passive Stake in Dyadic International Inc.

Francisco Trust, through its trustee Thomas Emalfarb, has reported a passive beneficial ownership of 11.52% in Dyadic International Inc.'s common stock as of December 31, 2024.

Summary

• The reporting person is Francisco Trust under an agreement dated February 28, 1996, with Thomas Emalfarb serving as Trustee.
• The issuer is DYADIC INTERNATIONAL INC, with its principal executive offices located at 1044 North U.S. Highway One, Suite 201, Jupiter, Florida, 33477.
• The filing pertains to the Common Stock of Dyadic International Inc., identified by CUSIP Number 26745T101.
• Francisco Trust beneficially owns 3,410,664 shares of Common Stock, which represents 11.52% of the class.
• The percentage of class owned is calculated based on 29,589,371 shares of the Issuer's Common Stock outstanding as of November 11, 2024, as disclosed in the Issuer's Quarterly Report filed on Form 10-Q on November 12, 2024.
• The reporting person holds sole voting power and sole dispositive power over all 3,410,664 beneficially owned shares.
• The securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, indicating a passive investment.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of passive beneficial ownership and does not contain information that would significantly alter the company's perceived value or outlook. It is neutral in sentiment.

Positives

• A significant passive stake of 11.52% in Dyadic International Inc. is held by Francisco Trust, which may signal long-term confidence from a substantial investor.

Future Outlook

The document, a Schedule 13G filing, is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance from the company or the reporting person regarding future performance or strategic direction.

Management Comments

• "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, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This Schedule 13G filing is a routine disclosure of a passive ownership stake in Dyadic International Inc. and does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders are informed of a significant passive ownership stake held by Francisco Trust, providing transparency regarding the company's ownership structure.

Key Dates

Recommendation

Keywords

Dyadic International Inc, Common Stock, Schedule 13G, Beneficial Ownership, Francisco Trust, Thomas Emalfarb, SEC Filing, Passive Investment