Minerva reports 6.6% Unifi (NYSE: UFI) stake in Schedule 13G
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Unifi Inc received an updated ownership report from Minerva Advisors and related entities on a Schedule 13G/A. The filing shows that Minerva Advisors LLC and its affiliates, including Minerva Group, LP and David P. Cohen, beneficially own 1,222,420 shares of Unifi common stock, representing 6.6% of the outstanding shares. Of this, 703,441 shares (3.8%) are held by Minerva Group, LP, with the balance held through Minerva Advisors LLC, over which Minerva Advisors and Cohen share voting and dispositive power for 518,979 shares. The percentages are based on 18,581,051 shares outstanding as of January 30, 2026. The reporting persons certify the shares are not held for the purpose of changing or influencing control of Unifi.
Positive
- None.
Negative
- None.
FAQ
What stake in Unifi Inc (UFI) did Minerva report on this Schedule 13G/A?
Minerva Advisors LLC and related entities reported beneficial ownership of 1,222,420 Unifi shares, equal to 6.6% of the company’s common stock, based on 18,581,051 shares outstanding as of January 30, 2026.
What is David P. Cohen’s reported ownership in Unifi Inc (UFI)?
David P. Cohen is deemed to beneficially own 1,222,420 Unifi shares, or 6.6% of the company. This includes 703,441 shares held by Minerva Group, LP and 518,979 shares beneficially owned by Minerva Advisors LLC, over which he shares voting and dispositive power.
How are Minerva Advisors LLC’s Unifi (UFI) voting and dispositive powers structured?
Minerva Advisors LLC has sole voting and dispositive power over 703,441 Unifi shares and shared voting and dispositive power over an additional 518,979 shares. These combined positions result in its total reported beneficial ownership of 1,222,420 shares, or 6.6%.
Does Minerva state an intent to influence control of Unifi Inc (UFI)?
The reporting persons certify the Unifi shares were not acquired and are not held for the purpose of changing or influencing control of the issuer, and are not held in connection with any transaction having that purpose or effect, aside from activities tied to a nomination under Rule 14a-11.
Which entities are included in the Minerva group reporting Unifi (UFI) ownership?
The filing lists Minerva Advisors LLC, Minerva Group, LP, Minerva GP, LP, Minerva GP, Inc., and individual David P. Cohen as reporting persons, with each deemed a beneficial owner of the 703,441 shares held by Minerva Group, LP.