SCHEDULE: Major Shareholders Maintain 9.99% Stake in LiqTech

Laurence W. Lytton and Lytton-Kambara Foundation reaffirm significant passive ownership in LiqTech International Inc. through an amended Schedule 13G filing.

Summary

• Laurence W. Lytton beneficially owns 999,440 shares of LiqTech International Inc. Common Stock, representing 9.99% of the class.
• The Lytton-Kambara Foundation beneficially owns 1,058,508 shares of LiqTech International Inc. Common Stock, also representing 9.99% of the class.
• Both reporting persons hold shared voting and dispositive power over their respective reported shares.
• Laurence W. Lytton's reported shares include 609,074 shares of Common Stock and warrants to purchase 3,355,000 shares, subject to a 9.99% beneficial ownership limitation.
• The Lytton-Kambara Foundation's reported shares include 76,875 shares of Common Stock and warrants to purchase 1,800,000 shares, subject to a 9.99% beneficial ownership limitation.
• The percentage of class is calculated based on 9,614,043 shares of Common Stock outstanding as of August 13, 2025, as reported in the issuer's Form 10-Q for the quarter ended June 30, 2025.
• The filing certifies that the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: The filing is a routine regulatory disclosure of passive beneficial ownership. While continued significant ownership can be seen as a positive signal of investor confidence, it does not contain new operational or financial information to significantly alter sentiment.

Positives

• Continued significant ownership by Laurence W. Lytton and the Lytton-Kambara Foundation may signal ongoing confidence in LiqTech International Inc.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of passive beneficial ownership and does not provide specific insights into broader industry trends or competitive landscape for LiqTech International Inc.

Stakeholder Impact

• Shareholders may view the continued significant stake by Laurence W. Lytton and the Lytton-Kambara Foundation as a sign of ongoing investor confidence in the company.

Key Dates

Recommendation

This Schedule 13G Amendment No. 5 filing primarily serves as a regulatory disclosure of passive beneficial ownership, indicating that Laurence W. Lytton and the Lytton-Kambara Foundation continue to hold significant stakes in LiqTech International Inc. While this demonstrates ongoing investor confidence, the filing does not contain new financial results, strategic updates, or operational changes that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on the absence of new material information to alter the investment thesis.

Keywords

LiqTech International, LQTI, Beneficial Ownership, Schedule 13G, Shareholder, Warrants, SEC Filing