| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| GLOBAL VALUE INVESTMENT CORP. | 10%+ Owner | 1433 N. WATER STREET, SUITE 400, MILWAUKEE | James P. Geygan, Chief Executive Officer | 23 Jun 2025 | 0001569866 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FLNT | Common Stock | Other | $0 | +39,682 | +1.3% | $0.000000 | 3,097,981 | 18 Jun 2025 | By Global Value Investment Corporation | F1, F2, F3, F4 |
| transaction | FLNT | Common Stock | Other | -3,215 | -0.1% | 3,094,766 | 23 Jun 2025 | By Global Value Investment Corporation | F2, F3, F4, F5 | ||
| holding | FLNT | Common Stock | 9,385 | 18 Jun 2025 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | FLNT | Pre-Funded Warrants | 78,425 | 18 Jun 2025 | Common Stock | 78,425 | $0.000500 | By Global Value Investment Corporation | F4, F6, F7 | |||||
| holding | FLNT | Warrants | 78,425 | 18 Jun 2025 | Common Stock | 78,425 | $2.20 | By Global Value Investment Corporation | F4, F8, F9 |
| Id | Content |
|---|---|
| F1 | On June 18, 2025, the James P. Geygan, a director of the Issuer and the CEO and President of GVIC, received a grant of 39,682 restricted stock units ("RSUs") under the Issuer's 2022 Omnibus Equity Incentive Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, subject to accelerated vesting in certain circumstances. |
| F2 | In addition to Global Value Investment Corporation, a Delaware corporation, this Form 4 is being filed jointly by Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as Global Value Investment Corporation. Global Value Investment Corporation beneficially owns the shares of common stock, par value $0.0005 per share ("Common Stock"), of Fluent, Inc. reported on this Form 4. |
| F3 | In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by Global Value Investment Corporation is reported herein. Common Stock reported as indirectly owned by Global Value Investment Corporation includes shares owned by Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice. |
| F4 | These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated persons/entities (collectively, "GVIC"). GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager and/or investment advisor to separately managed accounts, investment partnerships, and/or individuals. The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
| F5 | As of June 23, 2025, certain separately managed accounts terminated their relationship with, and are no longer advised by, Global Value Investment Corporation. The positions held in such accounts are therefore no longer included herein. |
| F6 | The Pre-Funded Warrants will be exercisable after stockholder approval of the offering of the Pre-Funded Warrants. |
| F7 | The Pre-Funded Warrants will terminate when exercised in full. |
| F8 | The Warrants will be exercisable after stockholder approval of the offering of the Warrants. |
| F9 | The Warrants will expire three years from the date of issuance. |