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Filing Details

Accession Number:: 0001437749-22-029887
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-12-29 16:38:46
Reporting Period:: 2022-12-27

Accepted Time:: 2022-12-29 16:38:46
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1621832	Aqua Metals Inc.	AQMS	Secondary Smelting & Refining Of Nonferrous Metals (3341)	471169572

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1681743	David Kanen	5370 Kietzke Ln Suite 201 Reno NV 89511		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2022-12-27	113,246	$0.73	325,683	No	4	P	Indirect	PHILOTIMO FUND, LP
Common Stock	Acquisiton	2022-12-27	37,749	$0.73	108,562	No	4	P	Indirect	KANEN WEALTH MANAGEMENT, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	PHILOTIMO FUND, LP
No	4	P	Indirect	KANEN WEALTH MANAGEMENT, LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	28,223	Direct

Footnotes

This Form 4 is filed jointly by David Kanen, Kanen Wealth Management, LLC ("KWM") and The Philotimo Fund, LP (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a group that may be deemed to collectively beneficially own approximately 0.6% of the Issuer's outstanding shares of Common Stock. The filing of this Form 4 shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the beneficial owners of any securities of the Issuer he or it does not directly own.
Mr.Kanen beneficially owns, pursuant to the beneficial ownership rules of Section 13(d) of the Securities Exchange Act of 1934, as amended, the shares of Common Stock listed in Column 5 of this Form 4, which represent approximately 0.6% of the Issuer's outstanding shares of Common Stock. Pursuant to such beneficial ownership rules, Mr. Kanen, as the managing member of KWM, may be deemed to beneficially own the 108,562 shares of Common Stock held in customer accounts managed by KWM as disclosed in this Form 4 and the 325,683 shares of Common Stock held by The Philotimo Fund LLC, of which KWM is the general partner. Mr. Kanen expressly disclaims such beneficial ownership except to the extent of his pecuniary interest therein. Mr. Kanen does not have a pecuniary interest under Section 16 of the Exchange Act in the shares of Common Stock held in customer accounts managed by KWM. Mr. Kanen directly owns 28,223 shares of Common Stock in personal brokerage account.
KWM does not have a pecuniary interest in the shares of Common Stock held in customer accounts managed by KWM.