Filing Details

Accession Number:
0001535264-20-000019
Form Type:
13G Filing
Publication Date:
2020-02-12 13:19:22
Filed By:
Awm Investment Company, Inc.
Company:
Ideal Power Inc. (NASDAQ:IPWR)
Filing Date:
2020-02-12
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
AWM Investment Company, Inc 12,605 0 12,605 0 12,605 9.99 (12) Type of Reporting Person (See Instructions) IA AWM Investment Company, Inc., a Delaware corporation ( AWM ), is the investment adviser to Special Situations Cayman Fund, L.P. ( CAYMAN ), Special Situations Fund III QP, L.P. ( SSFQP ), Special Situations Technology Fund, L.P. ( TECH ) and Special Situations Technology Fund II, L.P. ( TECH II ). (CAYMAN, SSFQP, TECH and TECH II will hereafter be referred to as the Funds ). As the investment adviser to the Funds, AWM holds sole voting and investment power over 2,230 shares of Common Stock of the Issuer (the Shares ), 91,204 Warrants to purchase Shares and 59,121 Pre-funded Warrants to purchase Shares held by CAYMAN, 7,540 Shares, 313,720 Warrants to purchase Shares and 203,359 Pre-funded Warrants to purchase Shares held by SSFQP, 405 Shares, 32,514 Warrants to purchase Shares and 21,060 Pre- funded Warrants to purchase Shares held by TECH and 2,430 Shares, 185,693 Warrants to purchase Shares and 120,288 Pre-funded Warrants to purchase Shares held by TECH II. Austin W. Marxe ( Marxe ), David M. Greenhouse ( Greenhouse ) and Adam C. Stettner ( Stettner ) previously reported the Shares held by the Funds on Schedule 13G. Accordingly, reference should be made to Marxe, Greenhouse and Stettner (CIK 0001044321) for filings prior to February 14, 2015 with the Securities and Exchange Commission relating to the Shares held by each of the Funds. See Items 2 and 4 of this Schedule for additional information. Warrants described herein may only be converted or exercised into Common Shares to the extent that the total number of Common Shares then beneficially owned does not exceed 9.99%
Filing

THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 10)* Ideal Power, Inc. (Name of Issuer) Common Stock, Par Value $.001 (Title of Class of Securities) 451622203 (CUSIP Number) December 31, 2019 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d)*The remainder of this cover page shall be filled out for a reporting person?s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be ?filed? for the purpose of Section 18 of the Securities Exchange Act of 1934 (?Act?) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 451622203 (1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (entities only): AWM Investment Company, Inc. (2) Check the Appropriate Box if a Member of a Group (See Instructions) (a)___ b)___ (3) SEC Use Only (4) Citizenship or Place of Organization: Delaware, United States Number of Shares Beneficially Owned by Each Reporting Person With (5) Sole Voting Power: 12,605 (Common Shares)** 209,785 (9.99% of outstanding shares) (6) Shared Voting Power: 0** (7) Sole Dispositive Power: 12,605 (Common Shares)** 209,785 (9.99% of outstanding shares) (8) Shared Dispositive Power: 0** (9) Aggregate Amount Beneficially Owned by Each Reporting Person: 12,605 (Common Shares) 209,785 (9.99% of outstanding shares)** (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): (11) Percent of Class Represented by Amount in Row (9): 9.99** (12) Type of Reporting Person (See Instructions): IA **AWM Investment Company, Inc., a Delaware corporation (?AWM?), is the investment adviser to Special Situations Cayman Fund, L.P. (?CAYMAN?), Special Situations Fund III QP, L.P. (?SSFQP?), Special Situations Technology Fund, L.P. (?TECH?) and Special Situations Technology Fund II, L.P. (?TECH II?). (CAYMAN, SSFQP, TECH and TECH II will hereafter be referred to as the ?Funds?). As the investment adviser to the Funds, AWM holds sole voting and investment power over 2,230 shares of Common Stock of the Issuer (the ?Shares?), 91,204 Warrants*** to purchase Shares and 59,121 Pre-funded Warrants*** to purchase Shares held by CAYMAN, 7,540 Shares, 313,720 Warrants*** to purchase Shares and 203,359 Pre-funded Warrants*** to purchase Shares held by SSFQP, 405 Shares, 32,514 Warrants*** to purchase Shares and 21,060 Pre- funded Warrants*** to purchase Shares held by TECH and 2,430 Shares, 185,693 Warrants*** to purchase Shares and 120,288 Pre-funded Warrants*** to purchase Shares held by TECH II. Austin W. Marxe (?Marxe?), David M. Greenhouse (?Greenhouse?) and Adam C. Stettner (?Stettner?) previously reported the Shares held by the Funds on Schedule 13G. Accordingly, reference should be made to Marxe, Greenhouse and Stettner (CIK #0001044321) for filings prior to February 14, 2015 with the Securities and Exchange Commission relating to the Shares held by each of the Funds. See Items 2 and 4 of this Schedule for additional information. *** Warrants described herein may only be converted or exercised into Common Shares to the extent that the total number of Common Shares then beneficially owned does not exceed 9.99% of the outstanding shares. The shares reflected as 9.99% of the outstanding shares does not take into account additional shares outstanding that would occur upon the exercise of warrants.

Item 4. Ownership (a) Amount Beneficially Owned: 12,605 (Common Shares) 209,785 (9.99% of outstanding shares)** (b) Percent of Class: 9.99%** (c) Number of Shares as to which the person has: (i) sole power to vote or to direct the vote: 12,605 (Common Shares) 209,785 (9.99% of outstanding shares)** (ii) shared power to vote or to direct the vote: 0** (iii) sole power to dispose or to direct the disposition of: 12,605 (Common Shares) 209,785 (9.99% of outstanding shares)** (iv) shared power to dispose or to direct the disposition of: 0** ______________________________________________________________________ ** AWM is the investment adviser to each of the Funds. As the investment adviser to the Funds, AWM holds sole voting and investment power over 2,230 shares of Common Stock of the Issuer (the ?Shares?), 91,204 Warrants*** to purchase Shares and 59,121 Pre-funded Warrants*** to purchase Shares held by CAYMAN, 7,540 Shares, 313,720 Warrants*** to purchase Shares and 203,359 Pre-funded Warrants*** to purchase Shares held by SSFQP, 405 Shares, 32,514 Warrants*** to purchase Shares and 21,060 Pre-funded Warrants*** to purchase Shares held by TECH and 2,430 Shares, 185,693 Warrants*** to purchase Shares and 120,288 Pre-funded Warrants*** to purchase Shares held by TECH II. Marxe, Greenhouse and Stettner are members of: SSCAY, the general partner of CAYMAN; MGP, the general partner of SSFQP; and SSTA, the general partner of TECH and TECH II. Marxe, Greenhouse and Stettner are also controlling principals of AWM. Marxe, Greenhouse and Stettner previously reported the Shares held by the Funds on Schedule 13G. Accordingly, reference should be made to Marxe, Greenhouse and Stettner (CIK #0001044321) for filings prior to February 14, 2015 with the Securities and Exchange Commission relating to the Shares held by each of the Funds. Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. ___ Item 6. Ownership of More Than Five Percent on Behalf of Another Person Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person Not Applicable. Item 8. Identification and Classification of Members of the Group Not Applicable. Item 9. Notice of Dissolution of Group Not Applicable. Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 10, 2020 AWM INVESTMENT COMPANY, INC. By: /s/ Adam Stettner Name: Adam Stettner Title: Vice PresidentAttention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001) -1-