Bleichroeder LP 4
4 · LIQTECH INTERNATIONAL INC · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
LiqTech (LIQT) 10% Holder Bleichroeder LP Acquires 3.7M Shares
What Happened Bleichroeder LP, filed as a 10% owner/registered investment adviser, reported net acquisitions of 3,700,000 shares of LiqTech International, Inc. (LIQT). On June 5, 2026 the Funds managed by Bleichroeder purchased 700,000 shares at $1.00 each in the issuer’s underwritten public offering (cost $700,000). On June 8, 2026 the Funds received 3,000,000 shares at $1.00 each in exchange for cancellation of $3,000,000 in promissory notes (debt-for-equity). Total consideration reported: $3,700,000. These were acquisitions (purchases/issuances), not sales.
Key Details
- Transaction dates and prices: 2026-06-05 purchase of 700,000 shares @ $1.00 ($700,000); 2026-06-08 acquisition of 3,000,000 shares @ $1.00 ($3,000,000).
- Total shares acquired: 3,700,000; total consideration: $3,700,000.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes of note:
- F1: The 700,000-share purchase (6/5) was in the issuer’s underwritten public offering pursuant to the Form S-1 registration (File No. 333-296258).
- F3: The 3,000,000-share issuance (6/8) was in exchange for cancellation of $3,000,000 principal amount of promissory notes (debt-for-equity).
- F2: Bleichroeder LP is the registered investment adviser to the funds that directly hold the shares and disclaims beneficial ownership except to the extent of any pecuniary interest.
- Filing date: Form 4 filed 2026-06-09 listing transactions on 6/5 and 6/8. The provided excerpt does not include a late-filing flag.
Context This filing reflects institutional activity by an investment adviser on behalf of funds (not an individual company insider). The purchase and the debt-for-equity issuance increase the Funds’ stake in LiqTech; purchases by institutional holders can be more informative to investors than routine insider sales, but do not by themselves explain the manager’s intentions. The debt conversion is a corporate financing action (notes cancelled for stock), while the 700k-share buy was through the company’s public offering.
Insider Transaction Report
- Purchase
Common Stock
[F1][F2]2026-06-05$1.00/sh+700,000$700,000→ 3,882,239 total(indirect: See footnote) - Other
Common Stock
[F3][F2]2026-06-08$1.00/sh+3,000,000$3,000,000→ 6,882,239 total(indirect: See footnote)
Footnotes (3)
- [F1]On June 5, 2026, 21 April Fund, Ltd. and 21 April Fund, LP (the "Funds") agreed to buy 700,000 shares of Common Stock at a price of $1.00 per share in the Issuer's underwritten public offering pursuant to the Registration Statement on Form S-1 (File No. 333-296258) filed with the Securities and Exchange Commission on May 27, 2026, as amended.
- [F2]This form is filed by Bleichroeder LP. The securities reported herein are directly held by the Funds. Bleichroeder LP serves as registered investment adviser to the Funds and other managed accounts. Bleichroeder LP disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that Bleichroeder LP is the beneficial owner of the securities for purposes of Section 16 or for any other purposes.
- [F3]On June 8, 2026, the Issuer cancelled $3,000,000 in principal amount of promissory notes in exchange for the issuance to the Funds of 3,000,000 shares of Common Stock.