Emancipation Management LLC

revealed that they own a 10.1% stake in Global Power Equipment Group Inc (NASDAQ:GLPW) in a Form 13G/A disclosure that was filed with the Securities and Exchange Commission (SEC) on Wednesday, August 9th. The investor owns 1,729,858 shares of the stock valued at $5,362,560. The reporting parties listed on the disclosure included Emancipation Management LLC, Circle N Advisors, LLC and Charles Frumberg. The disclosure is available through the SEC website at this hyperlink.

Emancipation Management LLC

provided the following explanation of their ownership:

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Global Power Equipment Group Inc (NASDAQ GLPW) opened at 3.10 on Wednesday. Global Power Equipment Group Inc has a 12-month low of $2.50 and a 12-month high of $13.75. The firm’s market cap is $54.21 million. The company has a 50-day moving average price of $2.92 and a 200-day moving average price of $3.63.

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Global Power Equipment Group Company Profile

Global Power Equipment Group Inc is a design, engineering and manufacturing company providing an array of equipment and services to the global power infrastructure, energy and process industries. The Products segment includes two primary product categories: Mechanical Solutions, which designs, engineers and manufactures a portfolio of equipment for utility-scale natural gas turbines, and Electrical Solutions, which provides custom-configured electrical houses and generator enclosures for various industries.

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