SCHEDULE 13G/A: Clayton Partners LLC Discloses 5.3% Passive Stake in Network-1 Technologies

Investment adviser Clayton Partners LLC has filed an amended Schedule 13G, reporting a 5.3% passive ownership stake in Network-1 Technologies, Inc. as of December 31, 2024.

Summary

• Clayton Partners LLC beneficially owns 1,213,155 shares of Network-1 Technologies, Inc. common stock.
• This ownership represents 5.3% of the total class of securities.
• The filing is an Amendment No. 2 to Schedule 13G, indicating a change from a previous filing.
• Clayton Partners LLC is classified as an Investment Adviser (IA).
• The shares are held with sole voting power and sole dispositive power by Clayton Partners LLC.
• The investment is certified to be for ordinary course of business and not for the purpose of changing or influencing control of Network-1 Technologies, Inc.

Sentiment

Score: 5

Explanation: The document is a standard Schedule 13G filing disclosing a passive ownership stake, providing factual information without expressing positive or negative sentiment regarding the issuer's performance or outlook.

Positives

• A significant institutional investor, Clayton Partners LLC, holds a 5.3% stake in Network-1 Technologies, which may signal confidence in the company.
• The investment is stated to be for ordinary course of business and not for the purpose of changing or influencing control, suggesting a passive, long-term investment approach.

Future Outlook

NA

Management Comments

• "The securities referred to above were acquired and are held in the ordinary course of business and 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." (Statement by Alex C. Gates, Chief Compliance Officer of Clayton Partners LLC)

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and liquidity.

Key Dates

Keywords

Network-1 Technologies, Clayton Partners, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Passive Investment, SEC Filing, Shareholding