SCHEDULE: GK Partners Adjusts Nordicus Partners Stake

GK Partners ApS has disclosed significant adjustments to its beneficial ownership in Nordicus Partners Corp, including warrant exercises and private transactions, now holding 17.71% of common stock.

Summary

• GK Partners ApS (GKP) reported beneficial ownership of 3,259,025 shares of Nordicus Partners Corp common stock.
• This represents 17.71% of the 18,399,038 outstanding shares as of September 30, 2025.
• GKP engaged in numerous transactions between December 19, 2024, and August 8, 2025, involving both acquisitions and dispositions of shares.
• Acquisitions included exercising warrants (e.g., 600,000 shares at $10.00, now fully exercised), private transactions, and subscription agreements.
• Dispositions involved sales in private transactions and gifting shares.
• The stated purpose of these transactions is GKP's long-term strategy for asset diversification and liquidity.

Sentiment

Score: 6

Explanation: GK Partners ApS maintains a substantial stake (17.71%) in Nordicus Partners Corp, having fully exercised a large warrant and made further acquisitions via subscription agreements. However, the reporting person also disposed of a significant number of shares at varying prices, including some at lower valuations, indicating a mixed portfolio management strategy focused on diversification and liquidity rather than a clear bullish or bearish stance on the company's immediate prospects.

Positives

• GK Partners ApS has completed the exercise of a significant warrant for 600,000 shares at $10.00, indicating a commitment to increasing its stake at that price point.
• Acquisitions via subscription agreements at $5.00 per share suggest GKP sees value at that price.
• The reporting person's stated purpose of 'long-term strategy for asset diversification and liquidity' implies a structured approach to its investment.

Negatives

• GK Partners ApS disposed of a substantial number of shares through private transactions at prices as low as $2.00, $3.00, and $4.00, which could indicate a lower perceived value or a need for liquidity at those times.
• Gifting of shares (e.g., 109,750 and 49,953 shares) without a cost basis could dilute GKP's direct holding or indicate a transfer of ownership without direct financial gain for GKP.

Risks

• The shares acquired and disposed of were not registered under the Securities Act of 1933, meaning they may not be reoffered or resold in the United States without registration or an applicable exemption, which could limit liquidity for these specific shares.

Future Outlook

No explicit forward-looking statements or guidance from Nordicus Partners Corp are provided in this filing. The filing details GK Partners ApS's past transactions and its general strategy.

Management Comments

• The purpose of all of these transactions, both the acquisition and dispositions, was a part of the Reporting Person's long-term strategy for asset diversification and liquidity.

Industry Context

This filing is a standard disclosure of significant ownership changes by an institutional investor (GK Partners ApS) in a publicly traded company (Nordicus Partners Corp). It reflects the investor's portfolio management decisions rather than broader industry trends, though the varying transaction prices could reflect market sentiment for Nordicus within its specific industry.

Legal Proceedings

• GK Partners ApS has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) during the last five years.
• GK Partners ApS has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction that resulted in a judgment, decree, or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding any violation with respect to such laws, during the last five years.

Related Party Transactions

• GK Partners ApS acquired 113,095 shares on May 28, 2025, which were 'Gifted from affiliate shareholder AC Nordic ApS.'

Stakeholder Impact

• Shareholders: The disclosure of a significant shareholder's trading activity provides transparency into institutional investor sentiment and potential liquidity in the stock. The large stake held by GKP (17.71%) indicates a substantial block holder.
• Company (Nordicus Partners Corp): The acquisitions via warrant exercise and subscription agreements represent capital inflow or a commitment from a major investor. The dispositions could indicate selling pressure or a rebalancing by a large holder.

Next Steps

• No specific future actions or milestones for Nordicus Partners Corp are mentioned in this filing. GK Partners ApS's future actions will be driven by its ongoing 'long-term strategy for asset diversification and liquidity.'

Key Dates

Recommendation

The filing primarily details the trading activities of a significant shareholder, GK Partners ApS, rather than providing new operational or financial performance data for Nordicus Partners Corp. While GKP maintains a substantial stake and has exercised warrants, it has also engaged in significant dispositions at various price points, including lower ones. This indicates a portfolio management strategy focused on diversification and liquidity by the reporting person, rather than a strong directional signal for the company's stock. Without additional information on Nordicus Partners Corp's fundamentals or market conditions, a 'hold' recommendation is appropriate, suggesting investors maintain their current position while awaiting further company-specific news.

Keywords

Nordicus Partners Corp, GK Partners ApS, Schedule 13D, beneficial ownership, common stock, warrant exercise, private transaction, share acquisition, share disposition, asset diversification, liquidity