Bristol Investment Fund Ltd - Sep 18, 2023 Form 4 Insider Report for Research Solutions, Inc. (RSSS)

Role
Other*
Signature
Bristol Investment Fund, Ltd., By: /s/ Paul Kessler, Director
Stock symbol
RSSS
Transactions as of
Sep 18, 2023
Transactions value $
-$2,817,500
Form type
4
Date filed
9/19/2023, 05:02 PM
Previous filing
Aug 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSSS Common Stock, par value $0.001 per share Sale -$628K -256K -9.93% $2.45 2.33M Sep 18, 2023 By Bristol Investment Fund, Ltd. F1, F2, F3
transaction RSSS Common Stock, par value $0.001 per share Sale -$190K -77.4K -3.33% $2.45 2.25M Sep 18, 2023 By Bristol Investment Fund, Ltd. F1, F2, F3
transaction RSSS Common Stock, par value $0.001 per share Sale -$796K -325K -14.45% $2.45 1.92M Sep 18, 2023 By Bristol Investment Fund, Ltd. F1, F2, F3
transaction RSSS Common Stock, par value $0.001 per share Sale -$1.2M -491K -25.54% $2.45 1.43M Sep 18, 2023 By Bristol Investment Fund, Ltd. F1, F2, F3
holding RSSS Common Stock, par value $0.001 per share 10K Sep 18, 2023 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Bristol Investment Fund Ltd is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by Bristol Investment Fund, Ltd. ("Bristol Fund"), Bristol Capital Advisors, LLC ("Bristol Advisors") and Paul Kessler (collectively, the "Reporting Persons").
F2 As of September 19, 2023, the Reporting Persons ceased to be members of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
F3 Securities beneficially owned directly by Bristol Fund. As the investment advisor of Bristol Fund, Bristol Advisors may be deemed to beneficially own the securities owned directly by Bristol Fund. As the manager and Chief Executive Officer of Bristol Advisors, Mr. Kessler may be deemed to beneficially own the securities owned directly by Bristol Fund.
F4 Securities beneficially owned directly by Mr. Kessler, which are held in an IRA account of which he is the beneficiary.