# EDGAR Filing Document

**Accession Number:** 0001798792
**File Stem:** 0001798792-25-000006
**Filing Date:** 2025-8
**Character Count:** 8135
**Document Hash:** 4f9298f1cc0555e06c02607393efa8e0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001798792-25-000006.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001798792-25-000006

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250814

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Cassel Ian J.
- **CENTRAL INDEX KEY:** 0001586220

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-30351
- **FILM NUMBER:** 251242435

**MAIL ADDRESS:**
- **STREET 1:** 350 RUMFORD ROAD
- **CITY:** LITITZ
- **STATE:** PA
- **ZIP:** 17543
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** IFCM MicroCap Fund LP
- **CENTRAL INDEX KEY:** 0001816505

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-30351
- **FILM NUMBER:** 251242434

**BUSINESS ADDRESS:**
- **STREET 1:** 350 RUMFORD ROAD
- **CITY:** LITITZ
- **STATE:** PA
- **ZIP:** 17543
- **BUSINESS PHONE:** 717-984-6944

**MAIL ADDRESS:**
- **STREET 1:** 350 RUMFORD ROAD
- **CITY:** LITITZ
- **STATE:** PA
- **ZIP:** 17543
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Intelligent Fanatics Capital Management LLC
- **CENTRAL INDEX KEY:** 0001798792

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-30351
- **FILM NUMBER:** 251242436

**BUSINESS ADDRESS:**
- **STREET 1:** 350 RUMFORD ROAD
- **CITY:** LITITZ
- **STATE:** PA
- **ZIP:** 17543
- **BUSINESS PHONE:** 7179846944

**MAIL ADDRESS:**
- **STREET 1:** 350 RUMFORD ROAD
- **CITY:** LITITZ
- **STATE:** PA
- **ZIP:** 17543
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Koil Energy Solutions, Inc.
- **CENTRAL INDEX KEY:** 0001110607
- **STANDARD INDUSTRIAL CLASSIFICATION:** OIL & GAS FILED MACHINERY & EQUIPMENT [3533]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 752263732
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 1310 RANKIN ROAD
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77073
- **BUSINESS PHONE:** (281) 517-5000

**MAIL ADDRESS:**
- **STREET 1:** 1310 RANKIN ROAD
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77073

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Deep Down, Inc.
- **DATE OF NAME CHANGE:** 20061220

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MediQuip Holdings, INC
- **DATE OF NAME CHANGE:** 20060501

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRUE HEALTH INC
- **DATE OF NAME CHANGE:** 20000329

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

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Intelligent Fanatics Capital Management LLC<br><sub>(Last) (First) (Middle)</sub><br>350 RUMFORD ROAD<br><sub>(Street)</sub><br>LITITZ, PA 17543<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Koil Energy Solutions, Inc. [ KLNG ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-08-14 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Cassel Ian J.<br><sub>(Last) (First) (Middle)</sub><br>350 RUMFORD ROAD<br><sub>(Street)</sub><br>LITITZ, PA 17543<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Koil Energy Solutions, Inc. [ KLNG ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-08-14 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>IFCM MicroCap Fund LP<br><sub>(Last) (First) (Middle)</sub><br>350 RUMFORD ROAD<br><sub>(Street)</sub><br>LITITZ, PA 17543<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Koil Energy Solutions, Inc. [ KLNG ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-08-14 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common Stock, par value $0.001 per share | 1250170 | I | See footnotes<sup>(1)(2)</sup> |
| Common Stock, par value $0.001 per share | 1250170 | D<sup>(1)</sup> |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) Intelligent Fanatics Capital Management LLC (IFCM) is the general partner of IFCM MicroCap Fund LP (Fund). The securities reported in this form are held directly by the Fund and indirectly by IFCM and Mr. Cassel (see footnote 2).

(2) Mr. Cassel is the sole managing member of IFCM. Mr. Cassel has shared voting and investment power with respect to, and therefore may be deemed to be the beneficial owner of, the shares beneficially owned by the Fund. Mr. Cassel disclaims beneficial ownership of the shares beneficially owned by the Fund, other than the shares attributable to his limited and general partnership interest therein.

**Signature:** /s/ Ian Cassel, on behalf of himself and each other reporting person hereunder  
**Date:** 2025-08-21

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**