Bleichroeder LP - 02 Mar 2022 Form 4 Insider Report for SCIENTIFIC INDUSTRIES INC (SCND)

Role: 10%+ Owner
Signature: Michael M. Kellen, Chairman and CO-CEO of Bleichroeder LP
Issuer symbol: SCND
Transactions as of: 02 Mar 2022
Net transactions value: +$375,012
Form type: 4
Filing time: 03 Mar 2022, 10:59:31 UTC
Previous filing: 08 Feb 2022
Next filing: 08 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCND	Common Stock	Purchase	$250,008	+45,456	+8.1%	$5.50	603,351	02 Mar 2022	See footnote	F1

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
transaction	SCND	Warrants	Purchase	$125,004	+22,728	+8.1%	$5.50	301,675	02 Mar 2022	Common Stock	22,728	$5.50	See footnote	F1, F2

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

Explanation of Responses:

Id	Content
F1	This form is filed by Bleichroeder LP. Bleichroeder LP serves as registered investment adviser to 21 April Fund, Ltd., 21 April Fund, LP 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.
F2	On March 2, 2022, 21 April Fund, Ltd., 21 April Fund, LP and SCIENTIFIC INDUSTRIES, INC. (the "Issuer") entered into an agreement (the "Purchase Agreement") under which 21 April Fund, Ltd. and 21 April Fund, LP purchased from the Issuer warrants (the Warrants) to purchase up to 22,728 additional shares of common stock, at a per share exercise price of $5.50. The Warrants are exercisable in whole or in part at any time prior to the fifth anniversary of the issuance date.

Content

This form is filed by Bleichroeder LP. Bleichroeder LP serves as registered investment adviser to 21 April Fund, Ltd., 21 April Fund, LP 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.

On March 2, 2022, 21 April Fund, Ltd., 21 April Fund, LP and SCIENTIFIC INDUSTRIES, INC. (the "Issuer") entered into an agreement (the "Purchase Agreement") under which 21 April Fund, Ltd. and 21 April Fund, LP purchased from the Issuer warrants (the Warrants) to purchase up to 22,728 additional shares of common stock, at a per share exercise price of $5.50. The Warrants are exercisable in whole or in part at any time prior to the fifth anniversary of the issuance date.