SCHEDULE 13G/A: Neil Gagnon and Affiliates Update Significant Stake in Power Solutions International, Maintaining 5.0% Beneficial Ownership

Neil Gagnon, along with Gagnon Securities LLC and Gagnon Advisors, LLC, has filed an Amendment No. 12 to Schedule 13G, disclosing their updated beneficial ownership in Power Solutions International, Inc. Common Stock.

Summary

• Neil Gagnon beneficially owns an aggregate of 1,141,254 shares of Power Solutions International, Inc. Common Stock, representing 5.0% of the class.
• Gagnon Securities LLC beneficially owns 575,820 shares, representing 2.5% of the class.
• Gagnon Advisors, LLC beneficially owns 335,457 shares, representing 1.5% of the class.
• Neil Gagnon holds sole voting and dispositive power over 127,268 shares.
• Neil Gagnon has shared voting power over 995,086 shares and shared dispositive power over 1,013,986 shares.
• Gagnon Securities LLC has shared voting power over 563,695 shares and shared dispositive power over 575,820 shares.
• Gagnon Advisors, LLC has shared voting and dispositive power over 335,457 shares.
• The percentage of beneficial ownership is calculated based on 22,999,616 Common Stock outstanding as of October 31, 2024, as reported in the Issuer's Form 10-Q filed on November 7, 2024.
• The filing indicates that the securities were not acquired or held for the purpose of changing or influencing control of the issuer, other than activities solely in connection with a nomination under SEC rules.

Sentiment

Score: 5

Explanation: The document is a factual report of beneficial ownership, which is neutral in sentiment regarding the company's performance or outlook. It simply updates a required disclosure.

Future Outlook

Not applicable; this document type (Schedule 13G) primarily reports beneficial ownership and does not provide forward-looking statements or guidance from the issuer.

Industry Context

Not applicable; this document type (Schedule 13G) primarily reports beneficial ownership and does not provide analysis of broader industry trends or competitors.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant beneficial ownership by Neil Gagnon and his affiliated entities, which can influence market perception and trading activity.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, Power Solutions International Inc., Common Stock, Neil Gagnon, Gagnon Securities LLC, Gagnon Advisors LLC, SEC Filing, Investment Adviser, Broker-Dealer