NORTH RUN CAPITAL, LP - 13 Feb 2024 Form 3 Insider Report for SCIENTIFIC INDUSTRIES INC (SCND)

Role: 10%+ Owner
Signature: North Run Capital, LP, By: North Run Advisors, LLC, By: /s/ Thomas B. Ellis, Member
Issuer symbol: SCND
Transactions as of: 13 Feb 2024
Net transactions value: $0
Form type: 3
Filing time: 14 Feb 2024, 15:37:50 UTC
Previous filing: 06 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SCND	Common Stock						575,000	13 Feb 2024	See footnotes	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	SCND	Common Stock Purchase Warrants (Right to Buy)							13 Feb 2024	Common Stock	920,000	$2.50	See footnotes	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported securities are directly held by North Run - Due North Partners, LP and may be deemed to be indirectly beneficially owned by North Run Capital, LP as the investment manager of North Run - Due North Partners, LP. The reported securities may also be deemed to be indirectly beneficially owned by North Run Advisors, LLC, the general partner of North Run Capital, LP, and Thomas B. Ellis and Todd B. Hammer, as members of North Run Advisors, LLC.
F2	North Run Capital, LP, North Run Advisors, LLC, Thomas B. Ellis and Todd B. Hammer disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that any of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Content

The reported securities are directly held by North Run - Due North Partners, LP and may be deemed to be indirectly beneficially owned by North Run Capital, LP as the investment manager of North Run - Due North Partners, LP. The reported securities may also be deemed to be indirectly beneficially owned by North Run Advisors, LLC, the general partner of North Run Capital, LP, and Thomas B. Ellis and Todd B. Hammer, as members of North Run Advisors, LLC.

North Run Capital, LP, North Run Advisors, LLC, Thomas B. Ellis and Todd B. Hammer disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that any of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.