GLOBAL VALUE INVESTMENT CORP. 4

What Happened
Global Value Investment Corp. (a reported 10% owner) made open-market purchases of Fluent, Inc. (FLNT) common stock: 17,207 shares on 2026-03-12 at $3.49/share ($59,980) and 65,148 shares on 2026-03-13 at $3.47/share ($226,142), totaling 82,355 shares for approximately $286,122. These transactions are purchases (commonly viewed as a more informative signal than routine sales), though no motive is stated.

Key Details

• Transaction dates & prices: Mar 12, 2026 — 17,207 shares @ $3.49 ($59,980); Mar 13, 2026 — 65,148 shares @ $3.47 ($226,142). Total ≈ $286,122.
• Shares owned after transaction: Not specified in the supplied filing excerpt.
• Filing timeliness: Report filed 2026-03-16; timely relative to the reported trade dates (no late filing indicated).
• Notable footnotes:
  • F1: Reported price reflects a weighted-average purchase price; reporting person will provide breakdown on request.
  • F2–F4: Shares are held in accounts managed indirectly by GVIC (and may be deemed beneficially owned because GVIC manages accounts); the filing is submitted jointly by GVIC and several named individuals who share GVIC’s business address. The reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
  • F5–F8: The filing also references Pre-Funded Warrants and Warrants (exercise subject to stockholder approval; termination/exercise/expiry terms noted).

Context

• GVIC is an institutional 10% owner managing client/separately managed accounts; these purchases reflect the activity of the investment manager’s accounts rather than necessarily an executive or director transaction.
• The filing is a straightforward purchase report (code P). No options, gifts, or tax-withholding mechanics are involved in the disclosed transactions.