Global Value Investment Corp. Reduces Stake in CPS Technologies Corp. Below 5% Threshold
On May 27, 2026, Global Value Investment Corporation (GVIC) filed an amendment to its Schedule 13D regarding its holdings in CPS Technologies Corp. (CPSH). The filing reveals that as of May 26, 2026, the reporting group, which includes Jeffrey R. Geygan, James P. Geygan, and other GVIC directors, ceased to be beneficial owners of more than 5% of the company's outstanding common stock. Following a series of significant open-market sales on May 22 and May 26, 2026, at prices ranging from $6.05 to $9.15 per share, the group's collective ownership dropped to 43,290 shares, representing approximately 0.24% of the class. This is a substantial decrease from their previous position, which had reached over 1 million shares through various purchases earlier in the period. The reporting persons indicated that the shares were originally held for investment purposes but were sold in the ordinary course of business. GVIC serves as the investment adviser for the accounts holding these securities.