# EDGAR Filing Document

**Accession Number:** 0001626494
**File Stem:** 0001665097-23-000003
**Filing Date:** 2023-1
**Character Count:** 30380
**Document Hash:** 2a7c95a225bbd45cda33748a05acf90d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001665097-23-000003.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0001665097-23-000003

**CONFORMED SUBMISSION TYPE**: SC 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230120

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Mork Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001626494
- **IRS NUMBER:** 474033324
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-90177
- **FILM NUMBER:** 23540462

**BUSINESS ADDRESS:**
- **STREET 1:** 132 MILL ST, SUITE 204
- **CITY:** HEALDSBURG
- **STATE:** CA
- **ZIP:** 95448
- **BUSINESS PHONE:** 7074311057

**MAIL ADDRESS:**
- **STREET 1:** 132 MILL ST, SUITE 204
- **CITY:** HEALDSBURG
- **STATE:** CA
- **ZIP:** 95448

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Mork Capital Management
- **DATE OF NAME CHANGE:** 20141125
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Mork Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001626494
- **IRS NUMBER:** 474033324
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 132 MILL ST, SUITE 204
- **CITY:** HEALDSBURG
- **STATE:** CA
- **ZIP:** 95448
- **BUSINESS PHONE:** 7074311057

**MAIL ADDRESS:**
- **STREET 1:** 132 MILL ST, SUITE 204
- **CITY:** HEALDSBURG
- **STATE:** CA
- **ZIP:** 95448

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Mork Capital Management
- **DATE OF NAME CHANGE:** 20141125

```

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

SCHEDULE
13D

Under
the
Securities
Exchange
Act
of
1934
(Amendment
No.
4)

NXT
ENERGY
SOLUTIONS,
INC

(Name
of
Issuer)

Common
Shares

(Title
of
Class
of
Securities)

62948Q107

(CUSIP
Number)

Mr.
Michael
Mork
132
Mill
Street,
Suite
204
Healdsburg,
CA
95448
Telephone:
(707)
431-1057

(Name,
Address
and
Telephone
Number
of
Person
Authorized
to
Receive
Notices
and
Communications)
January
11,
2023

(Date
of
Event
which
Requires
Filing
of
this
Statement)

If
the
filing
person
has
previously
filed
a
statement
on
Schedule
13G
to
report
the
acquisition
that
is
the
subject
of
this
Schedule
13D,
and
is
filing
this
schedule
because
of
240.13d-1(e),
240.13d-1(f)
or
240.13d-1(g),
check
the
following
box
[
].

Note:
Schedules
filed
in
paper
format
shall
include
a
signed
original
and
five
copies
of
the
schedule,
including
all
exhibits.
See
240.13d-7(b)
for
other
parties
to
whom
copies
are
to
be
sent.

*The
remainder
of
this
cover
page
shall
be
filled
out
for
a
reporting
persons
initial
filing
on
this
form
with
respect
to
the
subject
class
of
securities,
and
for
any
subsequent
amendment
containing
information
which
would
alter
disclosures
provided
in
a
prior
cover
page.

The
information
required
on
the
remainder
of
this
cover
page
shall
not
be
deemed
to
be
filed
for
the
purpose
of
Section
18
of
the
Securities
Exchange
Act
of
1934
(Act)
or
otherwise
subject
to
the
liabilities
of
that
section
of
the
Act
but
shall
be
subject
to
all
other
provisions
of
the
Act
(however,
see
the
Notes).

CUSIP
No.
62948Q107
SCHEDULE
13D/A
Page
2
of
9

1NAMESOFREPORTINGPERSONSI.R.S.IDENTIFICATIONNOS.OFABOVEPERSONS(ENTITIESONLY)
MCAPM,L.P.
2CHECKTHEAPPROPRIATEBOXIFAMEMBEROFAGROUP*
(a)[x]
(b)[]
SEC
USE
ONLY

4SOURCEOFFUNDS(SeeInstructions)
WC
5CHECKIFDISCLOSUREOFLEGALPROCEEDINGSISREQUIREDPURSUANTTOITEMS2(D)OR2(E)
[]
6CITIZENSHIPORPLACEOFORGANIZATIONCalifornia
NUMBER
OF

SOLE
VOTING
POWER

7

SHARES

0

BENEFICIALLY
SHARED
VOTING
POWER

8

OWNED
BY

12035000

SOLE
DISPOSITIVE
POWER

EACH
9

REPORTING

0

10
10
SHARED
DISPOSITIVE
POWER

PERSON

12035000

WITH

11AGGREGATEAMOUNTBENEFICIALLYOWNEDBYEACHREPORTINGPERSON14921233
12CHECKBOXIFTHEAGGREGATEAMOUNTINROW(11)EXCLUDESCERTAINSHARES(SeeInstructions)
[]
13PERCENTOFCLASSREPRESENTEDBYAMOUNTINROW(11)
19.3
TYPE
OF
REPORTING
PERSON
(See
Instructions)

PN

CUSIP
No.
62948Q107
SCHEDULE
13D/A
Page
3
of
9

1NAMESOFREPORTINGPERSONSI.R.S.IDENTIFICATIONNOS.OFABOVEPERSONS(ENTITIESONLY)
MorkCapitalManagement,LLC
2CHECKTHEAPPROPRIATEBOXIFAMEMBEROFAGROUP*
(a)[x]
(b)[]
SEC
USE
ONLY

4SOURCEOFFUNDS(SeeInstructions)
OO
5CHECKIFDISCLOSUREOFLEGALPROCEEDINGSISREQUIREDPURSUANTTOITEMS2(D)OR2(E)
[]
6CITIZENSHIPORPLACEOFORGANIZATIONCalifornia
NUMBER
OF

SOLE
VOTING
POWER

7

SHARES

0

BENEFICIALLY
SHARED
VOTING
POWER

8

OWNED
BY

12035000

SOLE
DISPOSITIVE
POWER

EACH
9

REPORTING

0

10
10
SHARED
DISPOSITIVE
POWER

PERSON

12035000

WITH

11AGGREGATEAMOUNTBENEFICIALLYOWNEDBYEACHREPORTINGPERSON14921233
12CHECKBOXIFTHEAGGREGATEAMOUNTINROW(11)EXCLUDESCERTAINSHARES(SeeInstructions)
[]
13PERCENTOFCLASSREPRESENTEDBYAMOUNTINROW(11)
19.3
TYPE
OF
REPORTING
PERSON
(See
Instructions)

IA

CUSIP
No.
62948Q107
SCHEDULE
13D/A
Page
4
of
9

1NAMESOFREPORTINGPERSONSI.R.S.IDENTIFICATIONNOS.OFABOVEPERSONS(ENTITIESONLY)
MichaelMork
2CHECKTHEAPPROPRIATEBOXIFAMEMBEROFAGROUP*
(a)[x]
(b)[]
SEC
USE
ONLY

4SOURCEOFFUNDS(SeeInstructions)
PF
5CHECKIFDISCLOSUREOFLEGALPROCEEDINGSISREQUIREDPURSUANTTOITEMS2(D)OR2(E)
[]
6CITIZENSHIPORPLACEOFORGANIZATIONCalifornia
NUMBER
OF

SOLE
VOTING
POWER

7

SHARES

2886233

BENEFICIALLY
SHARED
VOTING
POWER

8

OWNED
BY

12035000

SOLE
DISPOSITIVE
POWER

EACH
9

REPORTING

2886233

10
10
SHARED
DISPOSITIVE
POWER

PERSON

12035000

WITH

11AGGREGATEAMOUNTBENEFICIALLYOWNEDBYEACHREPORTINGPERSON14921233
12CHECKBOXIFTHEAGGREGATEAMOUNTINROW(11)EXCLUDESCERTAINSHARES(SeeInstructions)
[]
13PERCENTOFCLASSREPRESENTEDBYAMOUNTINROW(11)
19.3
TYPE
OF
REPORTING
PERSON
(See
Instructions)

IN

This
Amendment
No.
4
amends
the
Schedule
13D/A
filed
by
the
undersigned
on
February
11,
2019.

Item
2.
Identity
and
Background

Item
2
regarding
the
Reporting
Persons
is
hereby
amended
and
restated
as
follows:

(a)
This
Schedule
13D/A
is
being
filed
on
behalf
of
Mork
Capital
Management,
LLC
(Mork
Capital),
MCAPM,
L.P.,
and
Michael
Mork,
who
are
collectively
referred
to
herein
as
the
Reporting
Persons.
(b)
The
address
of
the
principal
business
office
of
the
Reporting
Persons
is
132
Mill
St.,
Suite
204,
Healdsburg,
CA
95448.
(c)
Mork
Capital
serves
as
the
investment
adviser
and
general
partner
of
MCAPM,
L.P.
which
is
a
private
investment
fund
engaged
in
the
purchase
and
sale
of
securities.
Michael
Mork
is
the
owner
and
Managing
Member
of
Mork
Capital.
The
principal
occupation
of
Michael
Mork
is
investment
management.
(d)
During
the
past
five
years,
none
of
the
Reporting
Persons
have
been
convicted
in
a
criminal
proceeding
(excluding
traffic
violations
or
similar
misdemeanors).
(e)
During
the
past
five
years,
none
of
the
Reporting
Persons
have
been
a
party
to
a
civil
proceeding
of
a
judicial
or
administrative
body
of
competent
jurisdiction
and,
as
a
result
of
such
proceeding,
was
or
is
subject
to
a
judgment,
decree
or
final
order
enjoining
future
violations
of,
or
prohibiting
or
mandating
activities
subject
to,
Federal
or
State
securities
laws
or
finding
any
violation
with
respect
to
such
laws.
(f)
Please
refer
to
row
6
of
the
respective
cover
pages.

Item
3.
Source
and
Amount
of
Funds
or
Other
Considerations

Item
3
is
hereby
amended
to
reflect
and
include
the
following:

On
December
2,
2022,
NXT
Energy
Solutions,
Inc
(the
Issuer)
announced
the
closing
of
its
Rights
Offering,
which
subsequently
increased
the
Issuers
outstanding
common
shares
to
67,776,293
thereby
changing
the
beneficial
ownership
of
MCAPM,
L.P,
Mork
Capital
Management,
and
Michael
Mork
to
9.1%.

On
January
11,
2023,
MCAPM,
L.P.
acquired
an
additional
7,500,000
shares
of
the
Issuers
common
shares
through
a
non-brokered
private
placement.
The
cost
to
purchase
these
additional
shares
was
US
$1,070,957.82
and
came
from
MCAPM,
L.P.s
working
capital.

On
January
11,
2023,
Michael
Mork
acquired
an
additional
1,250,000
shares
of
the
Issuers
common
shares
through
a
non-brokered
private
placement.
The
cost
to
purchase
these
additional
shares
was
US
$179,914.31
and
came
from
Mr.
Morks
personal
assets.

Item
4.
Purpose
of
Transaction

No
changes.

Item
5.
Interest
in
Securities
of
the
Issuer

Item
5
is
hereby
amended
and
restated
to
read
as
follows:

The
percentages
used
in
this
filing
are
calculated
based
on
the
number
of
outstanding
shares
of
the
Issuers
common
shares,
which
was
reported
by
the
Issuer
as
77,134,575
at
the
time
of
the
additional
share
acquisition.

(A)
MCAPM,
L.P.
(a)
Aggregate
number
of
shares
beneficially
owned:
12,035,000
Percentage:
15.6%
(b)
1.
Sole
power
to
vote
or
to
direct
vote:
0
2.
Shared
power
to
vote
or
to
direct
vote:
12,035,000
3.
Sole
power
to
dispose
or
to
direct
the
disposition:
0
4.
Shared
power
to
dispose
or
to
direct
disposition:
12,035,000

(c)
On
January
11,
2023,
MCAPM,
L.P.
acquired
an
additional
7,500,000
shares
of
the
Issuers
common
shares
at
US
$0.1428
per
share,
through
a
non-brokered
private
placement.
The
cost
to
purchase
these
additional
shares
was
US
$1,070,957.82.
(d)
Mork
Capital
Management,
LLC
serves
as
the
investment
adviser
and
General
Partner
of
MCAPM,
L.P.
and
as
such
has
discretionary
authority
to
vote
and
dispose
of
shares
of
the
Issuers
common
shares.
Also,
because
Mr.
Michael
Mork
is
the
owner
and
Chief
Executive
Officer
of
Mork
Capital
Management,
LLC,
he
has
the
power
to
direct
the
affairs
of
both
Mork
Capital
Management,
LLC
and
MCAPM,
L.P.,
including
the
voting
and
disposition
of
shares
of
the
Issuers
common
shares
held
in
the
name
of
MCAPM,

L.P.
Therefore,
both
Mork
Capital
Management,
LLC
and
Mr.
Michael
Mork
are
deemed
to
share
voting
and
disposition
power
with
MCAPM,
L.P.
with
regard
to
those
shares.

(B)
Mork
Capital
Management,
LLC
(a)
Aggregate
number
of
shares
beneficially
owned:
12,035,000
Percentage:
15.6%
(b)
1.
Sole
power
to
vote
or
to
direct
vote:
0
2.
Shared
power
to
vote
or
to
direct
vote:
12,035,000
3.
Sole
power
to
dispose
or
to
direct
the
disposition:
0
4.
Shared
power
to
dispose
or
to
direct
disposition:
12,035,000

(c)
Mork
Capital
Management,
LLC
has
made
no
purchases
of
the
Issuers
common
shares
for
its
own
account.
As
investment
adviser,
it
purchases
and
sells
securities
on
behalf
of
its
clients.
(d)
Mork
Capital
Management,
LLC
serves
as
the
investment
adviser
and
General
Partner
of
MCAPM,
L.P.
and
as
such
has
discretionary
authority
to
vote
and
dispose
of
shares
of
the
Issuers
common
shares.
Also,
because
Mr.
Michael
Mork
is
the
owner
and
Chief
Executive
Officer
of
Mork
Capital
Management,
LLC,
he
has
the
power
to
direct
the
affairs
of
both
Mork
Capital
Management,
LLC
and
MCAPM,
L.P.,
including
the
voting
and
disposition
of
shares
of
the
Issuers
common
shares
held
in
the
name
of
MCAPM,

L.P.
Therefore,
both
Mork
Capital
Management,
LLC
and
Mr.
Michael
Mork
are
deemed

to
share
voting
and
disposition
power
with
MCAPM,
L.P.
with
regard
to
those
shares.

(C)
Michael
Mork

(a)
Aggregate
number
of
shares
beneficially
owned:
14,921,233
Percentage:
19.3%
(b)
1.
Sole
power
to
vote
or
to
direct
vote:
2,886,233
2.
Shared
power
to
vote
or
to
direct
vote:
14,921,233
3.
Sole
power
to
dispose
or
to
direct
the
disposition:
2,886,233
4.
Shared
power
to
dispose
or
to
direct
disposition:
14,921,233

(c)
On
January
11,
2023,
Michael
Mork
acquired
an
additional
1,250,000
shares
of
the
Issuers
common
shares
at
US
$0.1439
per
share,
through
a
non-brokered
private
placement.
The
cost
to
purchase
these
additional
shares
was
US
$179,914.31.
(d)
Mork
Capital
Management,
LLC
serves
as
the
investment
adviser
and
General
Partner
of
MCAPM,
L.P.
and
as
such
has
discretionary
authority
to
vote
and
dispose
of
shares
of
the
Issuers
common
shares.
Also,
because
Mr.
Michael
Mork
is
the
owner
and
Chief
Executive
Officer
of
Mork
Capital
Management,
LLC,
he
has
the
power
to
direct
the
affairs
of
both
Mork
Capital
Management,
LLC
and
MCAPM,
L.P.,
including
the
voting
and
disposition
of
shares
of
the
Issuers
common
shares
held
in
the
name
of
MCAPM,

L.P.
Therefore,
both
Mork
Capital
Management,
LLC
and
Mr.
Michael
Mork
are
deemed
to
share
voting
and
disposition
power
with
MCAPM,
L.P.
with
regard
to
those
shares.

Item
6.
Contracts,
Arrangements,
Understandings
or
Relationships
with
Respect
to
Securities
of
the
Issuer.

The
information
in
Items
3
and
4
is
incorporated
by
reference
herein.

Except
as
described
in
this
filing,
no
contracts,
arrangements,
understandings,
or
relationships
(legal
or
otherwise)
exist
between
any
Reporting
Person
and
any
person
with
respect
to
any
securities
of
the
Issuer,
including,
but
not
limited
to,
transfer
or
voting
of
any
of
the
securities,
finders
fees,
joint
ventures,
loan
or
option
arrangements,
puts
or
calls,
guarantees
of
profits,
divisions
of
profits
or
loss,
or
the
giving
or
withholding
of
proxies.
Except
as
described
above,
none
of
the
Reporting
Persons
is
a
party
to
any
arrangement
whereby
securities
of
the
Issuer
are
pledged
or
are
otherwise
subject
to
a
contingency
the
occurrence
of
which
would
give
another
person
voting
power
or
investment
power
over
such
securities.

Item
7.
Material
to
Be
Filed
as
Exhibits

Exhibit
No.
Description
1
Joint
Filing
Agreement,
dated
January
11,
2023

SIGNATURES

After
reasonable
inquiry
and
to
the
best
of
our
knowledge
and
belief,
we
certify
that
the
information
set
forth
in
this
statement
is
true,
complete,
and
correct.
Date:
January
20,
2023

MCAPM,
L.P.

/s/
Michael
Mork

By:Michael
Mork
General
Partner
Mork
Capital
Management,
LLC
/s/
Michael
Mork

By:Michael
Mork
Owner
and
Chief
Executive
Michael
Mork
/s/
Michael
Mork

Michael
Mork,
Individual

EXHIBIT
1
JOINT
FILING
AGREEMENT

This
Joint
Filing
Agreement,
dated
as
of
January
11,
2023
is
by
and
among
Mork
Capital
Management,
LLC,
MCAPM,
L.P.,
and
Michael
Mork
(collectively
referred
to
herein
as
the
Filing
Persons).

As
required
by
Rule
13d-1
and
Rule
13d-2
promulgated
under
the
Securities
Exchange
Act
of
1934
(the
1934
Act),
the
Filings
Persons
hereby
agree
to
file
jointly
a
Schedule
13D
and
any
amendments
thereto
relating
to
the
aggregate
ownership
by
each
of
the
Filing
Persons
of
any
voting
equity
security
of
a
class
of
NXT
Energy
Solutions,
Inc.
stock,
and
further
agree
that
this
Joint
Filing
Agreement
shall
be
included
as
an
exhibit
to
such
joint
filings.
Each
Filing
Person
agrees
that
the
information
set
forth
in
such
Schedule
13D
and
any
amendments
thereto
with
respect
to
such
Filing
Person
will
be
true,
complete,
and
correct
as
of
the
date
of
such
Schedule
13D
or
such
amendment,
to
the
best
of
such
Filing
Persons
knowledge
and
belief,
after
reasonable
inquiry.

The
undersigned
further
agree
that
each
party
hereto
is
responsible
for
the
timely
filing
of
such
Schedule
13D
and
any
amendments
thereto,
and
for
the
completeness
and
accuracy
of
the
information
concerning
such
party
contained
therein;
provided,
however,
that
each
Filing
Person
makes
no
representations
as
to
the
accuracy
or
adequacy
of
the
information
set
forth
in
the
Schedule
13D
or
any
amendments
thereto
with
respect
to
any
other
Filing
Person.
Each
Filing
Person
shall
promptly
notify
all
of
the
other
Filing
Persons
if
any
of
the
information
set
forth
in
the
Schedule
13D
or
any
amendments
thereto
shall
become
inaccurate
in
any
material
respect
or
if
said
person
learns
of
information
that
would
require
an
amendment
to
the
Schedule
13D.

MCAPM
,
L.P.

/s/
Michael
Mork

By:Michael
Mork
General
Partner
Mork
Capital
Management,
LLC
/s/
Michael
Mork

By:Michael
Mork
Owner
and
Chief
Executive
Michael
Mork
/s/
Michael
Mork

Michael
Mork,
Individual

```

### Attached PDF Documents

**Attachment 1:** `doc1.pdf`

CUSIP No. 62948Q107

SCHEDULE 13D/A

Page 1 of 9

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

# **SCHEDULE 13D**

Under the Securities Exchange Act of 1934 (Amendment No. 4)

# **NXT ENERGY SOLUTIONS, INC**

(Name of Issuer)

# **Common Shares**

(Title of Class of Securities)

# **62948Q107**

(CUSIP Number)

Mr. Michael Mork  
132 Mill Street, Suite 204  
Healdsburg, CA 95448  
Telephone: (707) 431-1057

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

January 11, 2023

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ].

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 240.13d-7(b) for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 62948Q107

SCHEDULE 13D/A

Page 2 of 9

| 1 | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) MCAPM, L.P. |  |
| --- | --- | --- |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ x ] (b) [ ] |  |
| 3 | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS (See Instructions) WC |  |
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [ ] |  |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION California |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 |
|  | 8 | SHARED VOTING POWER 12035000 |
|  | 9 | SOLE DISPOSITIVE POWER 0 |
|  | 10 | SHARED DISPOSITIVE POWER 12035000 |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14921233 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] |  |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.3 |  |
| 14 | TYPE OF REPORTING PERSON (See Instructions) PN |  |

CUSIP No. 62948Q107

SCHEDULE 13D/A

Page 3 of 9

| 1 | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Mork Capital Management, LLC |  |
| --- | --- | --- |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ x ] (b) [ ] |  |
| 3 | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS (See Instructions) OO |  |
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [ ] |  |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION California |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 |
|  | 8 | SHARED VOTING POWER 12035000 |
|  | 9 | SOLE DISPOSITIVE POWER 0 |
|  | 10 | SHARED DISPOSITIVE POWER 12035000 |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14921233 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] |  |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.3 |  |
| 14 | TYPE OF REPORTING PERSON (See Instructions) IA |  |

CUSIP No. 62948Q107

SCHEDULE 13D/A

Page 4 of 9

| 1 | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Michael Mork |  |
| --- | --- | --- |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ x ] (b) [ ] |  |
| 3 | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS (See Instructions) PF |  |
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [ ] |  |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION California |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 2886233 |
|  | 8 | SHARED VOTING POWER 12035000 |
|  | 9 | SOLE DISPOSITIVE POWER 2886233 |
|  | 10 | SHARED DISPOSITIVE POWER 12035000 |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14921233 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] |  |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.3 |  |
| 14 | TYPE OF REPORTING PERSON (See Instructions) IN |  |

CUSIP No. 62948Q107

SCHEDULE 13D/A

Page 5 of 9

This Amendment No. 4 amends the Schedule 13D/A filed by the undersigned on February 11, 2019.

## **Item 2. Identity and Background**

Item 2 regarding the Reporting Persons is hereby amended and restated as follows:

- (a) This Schedule 13D/A is being filed on behalf of Mork Capital Management, LLC ('Mork Capital'), MCAPM, L.P., and Michael Mork, who are collectively referred to herein as the 'Reporting Persons'.
- (b) The address of the principal business office of the Reporting Persons is 132 Mill St., Suite 204, Healdsburg, CA 95448.
- (c) Mork Capital serves as the investment adviser and general partner of MCAPM, L.P. which is a private investment fund engaged in the purchase and sale of securities. Michael Mork is the owner and Managing Member of Mork Capital. The principal occupation of Michael Mork is investment management.
- (d) During the past five years, none of the Reporting Persons have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
- (e) During the past five years, none of the Reporting Persons have been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws.
- (f) Please refer to row 6 of the respective cover pages.

## **Item 3. Source and Amount of Funds or Other Considerations**

Item 3 is hereby amended to reflect and include the following:

On December 2, 2022, NXT Energy Solutions, Inc ('the Issuer') announced the closing of its Rights Offering, which subsequently increased the Issuer's outstanding common shares to 67,776,293 thereby changing the beneficial ownership of MCAPM, L.P, Mork Capital Management, and Michael Mork to 9.1%.

On January 11, 2023, MCAPM, L.P. acquired an additional 7,500,000 shares of the Issuer's common shares through a non-brokered private placement. The cost to purchase these additional shares was US $1,070,957.82 and came from MCAPM, L.P.'s working capital.

On January 11, 2023, Michael Mork acquired an additional 1,250,000 shares of the Issuer's common shares through a non-brokered private placement. The cost to purchase these additional shares was US $179,914.31 and came from Mr. Mork's personal assets.

## **Item 4. Purpose of Transaction**

No changes.

CUSIP No. 62948Q107

SCHEDULE 13D/A

Page 6 of 9

# **Item 5. Interest in Securities of the Issuer**

Item 5 is hereby amended and restated to read as follows:

The percentages used in this filing are calculated based on the number of outstanding shares of the Issuer's common shares, which was reported by the Issuer as 77,134,575 at the time of the additional share acquisition.

(A) MCAPM, L.P.

(a) Aggregate number of shares beneficially owned: 12,035,000
Percentage: 15.6%

(b) 1. Sole power to vote or to direct vote: 0
2. Shared power to vote or to direct vote: 12,035,000
3. Sole power to dispose or to direct the disposition: 0
4. Shared power to dispose or to direct disposition: 12,035,000

(c) On January 11, 2023, MCAPM, L.P. acquired an additional 7,500,000 shares of the Issuer's common shares at US $0.1428 per share, through a non-brokered private placement. The cost to purchase these additional shares was US $1,070,957.82.

(d) Mork Capital Management, LLC serves as the investment adviser and General Partner of MCAPM, L.P. and as such has discretionary authority to vote and dispose of shares of the Issuer's common shares. Also, because Mr. Michael Mork is the owner and Chief Executive Officer of Mork Capital Management, LLC, he has the power to direct the affairs of both Mork Capital Management, LLC and MCAPM, L.P., including the voting and disposition of shares of the Issuer's common shares held in the name of MCAPM, L.P. Therefore, both Mork Capital Management, LLC and Mr. Michael Mork are deemed to share voting and disposition power with MCAPM, L.P. with regard to those shares.

(B) Mork Capital Management, LLC

(a) Aggregate number of shares beneficially owned: 12,035,000
Percentage: 15.6%

(b) 1. Sole power to vote or to direct vote: 0
2. Shared power to vote or to direct vote: 12,035,000
3. Sole power to dispose or to direct the disposition: 0
4. Shared power to dispose or to direct disposition: 12,035,000

(c) Mork Capital Management, LLC has made no purchases of the Issuer's common shares for its own account. As investment adviser, it purchases and sells securities on behalf of its clients.

(d) Mork Capital Management, LLC serves as the investment adviser and General Partner of MCAPM, L.P. and as such has discretionary authority to vote and dispose of shares of the Issuer's common shares. Also, because Mr. Michael Mork is the owner and Chief Executive Officer of Mork Capital Management, LLC, he has the power to direct the affairs of both Mork Capital Management, LLC and MCAPM, L.P., including the voting and disposition of shares of the Issuer's common shares held in the name of MCAPM, L.P. Therefore, both Mork Capital Management, LLC and Mr. Michael Mork are deemed

CUSIP No. 62948Q107

SCHEDULE 13D/A

Page 7 of 9

to share voting and disposition power with MCAPM, L.P. with regard to those shares.

(C) Michael Mork

(a) Aggregate number of shares beneficially owned: 14,921,233
Percentage: 19.3%
(b) 1. Sole power to vote or to direct vote: 2,886,233
2. Shared power to vote or to direct vote: 14,921,233
3. Sole power to dispose or to direct the disposition: 2,886,233
4. Shared power to dispose or to direct disposition: 14,921,233
(c) On January 11, 2023, Michael Mork acquired an additional 1,250,000 shares of the Issuer's common shares at US $0.1439 per share, through a non-brokered private placement. The cost to purchase these additional shares was US $179,914.31.
(d) Mork Capital Management, LLC serves as the investment adviser and General Partner of MCAPM, L.P. and as such has discretionary authority to vote and dispose of shares of the Issuer's common shares. Also, because Mr. Michael Mork is the owner and Chief Executive Officer of Mork Capital Management, LLC, he has the power to direct the affairs of both Mork Capital Management, LLC and MCAPM, L.P., including the voting and disposition of shares of the Issuer's common shares held in the name of MCAPM, L.P. Therefore, both Mork Capital Management, LLC and Mr. Michael Mork are deemed to share voting and disposition power with MCAPM, L.P. with regard to those shares.

**Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.**

The information in Items 3 and 4 is incorporated by reference herein.

Except as described in this filing, no contracts, arrangements, understandings, or relationships (legal or otherwise) exist between any Reporting Person and any person with respect to any securities of the Issuer, including, but not limited to, transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, divisions of profits or loss, or the giving or withholding of proxies. Except as described above, none of the Reporting Persons is a party to any arrangement whereby securities of the Issuer are pledged or are otherwise subject to a contingency the occurrence of which would give another person voting power or investment power over such securities.

**Item 7. Material to Be Filed as Exhibits**

| Exhibit No. | Description |
| --- | --- |
| 1 | Joint Filing Agreement, dated January 11, 2023 |

CUSIP No. 62948Q107

SCHEDULE 13D/A

Page 8 of 9

# SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete, and correct.

Date: January 20, 2023

MCAPM, L.P.

/s/ Michael Mork

By:Michael Mork
General Partner

Mork Capital Management, LLC

/s/ Michael Mork

By:Michael Mork
Owner and Chief Executive

Michael Mork

/s/ Michael Mork

Michael Mork, Individual

CUSIP No. 62948Q107

SCHEDULE 13D/A

Page 9 of 9

# **EXHIBIT 1  
JOINT FILING AGREEMENT**

This Joint Filing Agreement, dated as of January 11, 2023 is by and among Mork Capital Management, LLC, MCAPM, L.P., and Michael Mork (collectively referred to herein as the “Filing Persons”).

As required by Rule 13d-1 and Rule 13d-2 promulgated under the Securities Exchange Act of 1934 (the “1934 Act”), the Filings Persons hereby agree to file jointly a Schedule 13D and any amendments thereto relating to the aggregate ownership by each of the Filing Persons of any voting equity security of a class of NXT Energy Solutions, Inc. stock, and further agree that this Joint Filing Agreement shall be included as an exhibit to such joint filings. Each Filing Person agrees that the information set forth in such Schedule 13D and any amendments thereto with respect to such Filing Person will be true, complete, and correct as of the date of such Schedule 13D or such amendment, to the best of such Filing Person’s knowledge and belief, after reasonable inquiry.

The undersigned further agree that each party hereto is responsible for the timely filing of such Schedule 13D and any amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein; provided, however, that each Filing Person makes no representations as to the accuracy or adequacy of the information set forth in the Schedule 13D or any amendments thereto with respect to any other Filing Person. Each Filing Person shall promptly notify all of the other Filing Persons if any of the information set forth in the Schedule 13D or any amendments thereto shall become inaccurate in any material respect or if said person learns of information that would require an amendment to the Schedule 13D.

MCAPM , L.P.

/s/ Michael Mork

By:Michael Mork General Partner

Mork Capital Management, LLC

/s/ Michael Mork

Owner and Chief Executive

Michael Mork

/s/ Michael Mork

Michael Mork, Individual