North Run Capital L P Form 3 SCIENTIFIC INDUSTRIES / TODD B HAMMER ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

NORTH RUN CAPITAL, LP

(Last) (First) (Middle)

867 BOYLSTON STREET

5TH FLOOR, #1361

(Street)

BOSTON MA 02116

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/13/2024

3. Issuer Name and Ticker or Trading Symbol
SCIENTIFIC INDUSTRIES INC [ SCND ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	575,000	I	See footnotes(1)(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Common Stock Purchase Warrants (Right to Buy)	12/13/2023	12/13/2028	Common Stock	920,000	2.5	I	See footnotes(1)(2)

1. Name and Address of Reporting Person^*

NORTH RUN CAPITAL, LP

(Last) (First) (Middle)

867 BOYLSTON STREET

5TH FLOOR, #1361

(Street)

BOSTON MA 02116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

NORTH RUN ADVISORS, LLC

(Last) (First) (Middle)

867 BOYLSTON STREET

5TH FLOOR, #1493

(Street)

BOSTON MA 02116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

ELLIS THOMAS B

(Last) (First) (Middle)

867 BOYLSTON STREET, 5TH FLOOR

#1361

(Street)

BOSTON MA 02116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

HAMMER TODD B

(Last) (First) (Middle)

NORTH RUN CAPITAL PARTNERS

867 BOYLSTON ST., 5TH FLOOR, #1361

(Street)

BOSTON MA 02116

(City) (State) (Zip)

Explanation of Responses:

1. 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.

2. 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.

	North Run Capital, LP, By: North Run Advisors, LLC, By: /s/ Thomas B. Ellis, Member	02/13/2024
	North Run Advisors, LLC, By: /s/ Thomas B. Ellis, Member	02/13/2024
	/s/ Thomas B. Ellis	02/13/2024
	/s/ Todd B. Hammer	02/13/2024
	** Signature of Reporting Person	Date
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