SCHEDULE: Universal Safety Products: Stakeholders Adjust Holdings
Schedule 13D Amendment
An amendment to a Schedule 13D filing reveals adjustments in beneficial ownership of Universal Safety Products, Inc. common stock by several reporting persons, including Hyperscale Data, Inc. and Milton C. Ault III.
Summary
- This filing is an amendment (Amendment No. 19) to a previously filed Schedule 13D concerning the common stock of Universal Safety Products, Inc.
- It primarily updates information regarding beneficial ownership of shares by various reporting persons, including Hyperscale Data, Inc., Ault & Company, Inc., Alpha Structured Finance LP, Alpha Structured Finance GP LLC, ACG Alpha Management LLC, Ault Lending, LLC, Ault Capital Group, Inc., Milton C. Ault III, and Henry Carl Nisser.
- The filing details the aggregate purchase prices and sources of funds for shares acquired by these entities and individuals.
- It also clarifies the number of shares beneficially owned, including those underlying stock options, and the associated voting and dispositive powers.
- The total number of outstanding shares of common stock as of August 14, 2026, was reported as 3,028,463.
Sentiment
Score: 3
Explanation: StockSavvy.ai views this filing as having a slightly negative sentiment due to the ongoing accumulation of shares by certain entities and individuals, which could indicate a belief that the current stock price is undervalued, but without any specific positive operational or financial news.
Positives
- Milton C. Ault III and Henry Carl Nisser have been awarded stock options to purchase 50,000 and 25,000 shares, respectively, as directors, with strike prices of $3.40 per share, expiring on August 26, 2035, and vested on October 20, 2025.
Negatives
- The filing indicates significant accumulated shareholdings by entities associated with Milton C. Ault III, suggesting a potential belief that the stock is undervalued, but without explicit positive operational news.
- Ault Lending, LLC purchased 6,200 shares for $18,824.80, 492,762 shares for $2,549,290.10, and 300,000 shares for $1,800,000, and 340,000 shares for $1,955,000.
- Milton C. Ault III purchased 9,100 shares for $47,536.66.
Risks
- The filing does not explicitly mention new risks but is an amendment to a Schedule 13D, which typically discloses risks associated with significant beneficial ownership.
Future Outlook
The filing does not contain specific forward-looking statements or guidance from the company. It focuses on reporting current beneficial ownership and recent transactions.
Management Comments
- The filing is an amendment to a Schedule 13D, which is a disclosure document and does not typically contain direct management comments or quotes in the same way an earnings release might.
Industry Context
StockSavvy.ai notes that Schedule 13D filings are common for significant investors or groups accumulating a substantial stake in a company. The continuous amendments suggest ongoing activity and potential strategic interest in Universal Safety Products, Inc. by these reporting persons.
Comparison to Industry Standards
- No specific financial results or operational metrics are provided in this filing to compare against industry standards.
Stakeholder Impact
- Shareholders may be interested in the ongoing accumulation of shares by certain entities, which could signal future strategic moves or a belief in undervaluation.
- The stock options awarded to directors Milton C. Ault III and Henry Carl Nisser align their interests with the company's long-term performance.
Next Steps
- Further amendments to Schedule 13D may be filed if there are material changes in beneficial ownership or other reportable events.
Key Dates
| Date | Description |
|---|---|
| 2024-12-23 | Original Schedule 13D filing date. |
| 2025-10-20 | Vesting date for stock options awarded to Milton C. Ault III and Henry Carl Nisser. |
| 2026-01-16 | Date of the Stock Purchase Agreement between Ault Lending and JLA Realty Associates LLC. |
| 2026-04-30 | Date of the Stock Purchase Agreement between Ault Lending and SJC Lending, LLC. |
| 2026-05-15 | Amendment date for the Stock Purchase Agreement with SJC Lending, LLC. |
| 2026-08-14 | Date as of which total outstanding shares were reported in the Issuer's Quarterly Report on Form 10-Q. |
| 2026-08-24 | Date of Ault Lending, LLC's purchase of 10,000 shares. |
| 2026-08-31 | Date of signature for Amendment No. 19. |
Recommendation
holdThe filing primarily reports changes in beneficial ownership and transactions, indicating active interest from certain parties. However, without new financial or operational data, it's prudent to hold and await further developments or company disclosures that provide a clearer picture of the company's performance and future prospects.
Keywords
Schedule 13D, Beneficial Ownership, Common Stock, Shareholder, Securities, Stock Options, Investment
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