# EDGAR Filing Document

**Accession Number:** 0001535264
**File Stem:** 0001535264-23-000041
**Filing Date:** 2023-2
**Character Count:** 17532
**Document Hash:** 8fb859fa174019eb194508f79e36864c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001535264-23-000041.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001535264-23-000041

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AWM Investment Company, Inc.
- **CENTRAL INDEX KEY:** 0001535264
- **IRS NUMBER:** 113086452
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16479
- **FILM NUMBER:** 23631930

**BUSINESS ADDRESS:**
- **STREET 1:** 527 MADISON AVENUE
- **STREET 2:** SUITE 2600
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212-319-6670

**MAIL ADDRESS:**
- **STREET 1:** 527 MADISON AVENUE
- **STREET 2:** SUITE 2600
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** AWM Investment Company Inc.<br>**Address:** 527 MADISON AVENUE<br>SUITE 2600<br>NEW YORK, NY 10022

**Form 13F File Number:** 028-16479

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** David M. Greenhouse<br>**Title:** President<br>**Phone:** 2123196670

**Signature, Place, and Date of Signing:**

/s/ David Greenhouse  New York, NY  02-14-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 132

**Form 13F Information Table Value Total:** $693532439

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADMA Biologics Inc. | common | 000899104 |  | 23338200 | 6015000 | SH |  | SOLE |  | 6015000 | 0 | 0 |
| Accelerate Diagnostics Inc. | common | 00430H102 |  | 334044 | 473150 | SH |  | SOLE |  | 473150 | 0 | 0 |
| Aehr Test Systems | common | 00760J108 |  | 33131212 | 1648319 | SH |  | SOLE |  | 1648319 | 0 | 0 |
| Aerovironment Inc. | common | 008073108 |  | 3444217 | 40208 | SH |  | SOLE |  | 40208 | 0 | 0 |
| AirSculpt Technologies Inc. | common | 009496100 |  | 2212937 | 598091 | SH |  | SOLE |  | 598091 | 0 | 0 |
| American Public Education Inc | common | 02913V103 |  | 615360 | 50070 | SH |  | SOLE |  | 50070 | 0 | 0 |
| American Superconductor Corpor | common | 030111207 |  | 9333521 | 2536283 | SH |  | SOLE |  | 2536283 | 0 | 0 |
| Apollo Endosurgery Inc. | common | 03767D108 |  | 7844486 | 786809 | SH |  | SOLE |  | 786809 | 0 | 0 |
| Applied DNA Sciences Inc. | common | 03815U300 |  | 1196764 | 720942 | SH |  | SOLE |  | 720942 | 0 | 0 |
| Aspen Aerogels Inc. | common | 04523Y105 |  | 15327000 | 1300000 | SH |  | SOLE |  | 1300000 | 0 | 0 |
| Atomera Incorporated | common | 04965B100 |  | 1101151 | 177034 | SH |  | SOLE |  | 177034 | 0 | 0 |
| Avid Bioservices Inc. | common | 05368M106 |  | 16246204 | 1179826 | SH |  | SOLE |  | 1179826 | 0 | 0 |
| Backblaze Inc. | common | 05637B105 |  | 6714281 | 1091753 | SH |  | SOLE |  | 1091753 | 0 | 0 |
| Bellus Health Inc. (Canada) | common | 07987C204 |  | 3123600 | 380000 | SH |  | SOLE |  | 380000 | 0 | 0 |
| BioLife Solutions Inc. | common | 09062W204 |  | 910000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| Bitfarms Ltd. of Canada | common | 09173B107 |  | 115759 | 263089 | SH |  | SOLE |  | 263089 | 0 | 0 |
| Bridgeline Digital Inc. | common | 10807Q700 |  | 315000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| CEVA Inc. | common | 157210105 |  | 10978731 | 429192 | SH |  | SOLE |  | 429192 | 0 | 0 |
| CareDx Inc. | common | 14167L103 |  | 570500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| Century Casinos Inc. | common | 156492100 |  | 11557580 | 1644037 | SH |  | SOLE |  | 1644037 | 0 | 0 |
| Citi Trends Inc. | common | 17306X102 |  | 4422901 | 167028 | SH |  | SOLE |  | 167028 | 0 | 0 |
| Concert Pharmaceuticals Inc. | common | 206022105 |  | 3893300 | 666661 | SH |  | SOLE |  | 666661 | 0 | 0 |
| DHI Group Inc. | common | 23331S100 |  | 3073490 | 581000 | SH |  | SOLE |  | 581000 | 0 | 0 |
| DZS Inc. | common | 268211109 |  | 15772563 | 1243893 | SH |  | SOLE |  | 1243893 | 0 | 0 |
| Destination XL Group Inc. | common | 25065K104 |  | 64709752 | 9586630 | SH |  | SOLE |  | 9586630 | 0 | 0 |
| DoubleDown Interactive Co Ltd( | common | 25862B109 |  | 262381 | 31051 | SH |  | SOLE |  | 31051 | 0 | 0 |
| EMCORE Corporation | common | 290846203 |  | 1924861 | 1999856 | SH |  | SOLE |  | 1999856 | 0 | 0 |
| Eco Wave Power Global AB  (Swe | common | 27900N103 |  | 508449 | 170821 | SH |  | SOLE |  | 170821 | 0 | 0 |
| Edgio Inc. | common | 53261M104 |  | 1051731 | 930735 | SH |  | SOLE |  | 930735 | 0 | 0 |
| ElectroCore Inc. | common | 28531P103 |  | 1510965 | 5883822 | SH |  | SOLE |  | 5883822 | 0 | 0 |
| Enthusiast Gaming Holdings In | common | 29385B109 |  | 490327 | 897100 | SH |  | SOLE |  | 897100 | 0 | 0 |
| Eton Pharmaceuticals Inc. | common | 29772L108 |  | 1297296 | 463320 | SH |  | SOLE |  | 463320 | 0 | 0 |
| Everspin Technology Inc. | common | 30041T104 |  | 11154700 | 2006241 | SH |  | SOLE |  | 2006241 | 0 | 0 |
| FTC Solar Inc. | common | 30320C103 |  | 695996 | 259700 | SH |  | SOLE |  | 259700 | 0 | 0 |
| Franchise Group Inc. | common | 35180X105 |  | 3142144 | 131912 | SH |  | SOLE |  | 131912 | 0 | 0 |
| Gaia Inc. | common | 36269P104 |  | 2092912 | 879375 | SH |  | SOLE |  | 879375 | 0 | 0 |
| Gambling.com Group Ltd. | common | 63R239101 |  | 9489136 | 1037064 | SH |  | SOLE |  | 1037064 | 0 | 0 |
| Gee Group Inc. | common | 36165A102 |  | 1119744 | 2285192 | SH |  | SOLE |  | 2285192 | 0 | 0 |
| Genasys Inc. | common | 36872P103 |  | 16093313 | 4349544 | SH |  | SOLE |  | 4349544 | 0 | 0 |
| Greenbrook TMS Inc. (Canada) | common | 393704309 |  | 144713 | 71768 | SH |  | SOLE |  | 71768 | 0 | 0 |
| INVO Bioscience Inc. | common | 44984F302 |  | 271379 | 623860 | SH |  | SOLE |  | 623860 | 0 | 0 |
| Ideal Power Inc. | common | 451622203 |  | 1789682 | 168520 | SH |  | SOLE |  | 168520 | 0 | 0 |
| Impinj Inc. | common | 453204109 |  | 40762790 | 373354 | SH |  | SOLE |  | 373354 | 0 | 0 |
| Infusystem Holdings Inc. | common | 45685K102 |  | 17360000 | 2000000 | SH |  | SOLE |  | 2000000 | 0 | 0 |
| Karat Packaging Inc. | common | 48563L101 |  | 1965658 | 136789 | SH |  | SOLE |  | 136789 | 0 | 0 |
| Kopin Corporation | common | 500600101 |  | 1793965 | 1446746 | SH |  | SOLE |  | 1446746 | 0 | 0 |
| Lantronix Inc. | common | 516548203 |  | 3291551 | 761933 | SH |  | SOLE |  | 761933 | 0 | 0 |
| LeMaitre Vascular Inc. | common | 525558201 |  | 10584600 | 230000 | SH |  | SOLE |  | 230000 | 0 | 0 |
| Legacy Housing Corp. | common | 52472M101 |  | 1551800 | 81846 | SH |  | SOLE |  | 81846 | 0 | 0 |
| Leonardo DRS Inc. | common | 52661A108 |  | 10942083 | 856188 | SH |  | SOLE |  | 856188 | 0 | 0 |
| LiqTech International Inc. (D | common | 53632A102 |  | 923454 | 2430141 | SH |  | SOLE |  | 2430141 | 0 | 0 |
| LivePerson Inc. | common | 538146101 |  | 8979751 | 885577 | SH |  | SOLE |  | 885577 | 0 | 0 |
| LiveVox Holdings Inc. | common | 538384009 |  | 76068 | 25612 | SH |  | SOLE |  | 25612 | 0 | 0 |
| Lovesac Company The | common | 54738L109 |  | 8630033 | 392096 | SH |  | SOLE |  | 392096 | 0 | 0 |
| Lulu's Fashion Lounge Holdings | common | 55003A108 |  | 377082 | 150232 | SH |  | SOLE |  | 150232 | 0 | 0 |
| MaxCyte Inc. | common | 5777K1061 |  | 2184000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| Medicenna Therapeutics Corp. ( | common | 192775965 |  | 215730 | 459000 | SH |  | SOLE |  | 459000 | 0 | 0 |
| Minerva Surgical Inc. | common | 60343F106 |  | 372759 | 1668572 | SH |  | SOLE |  | 1668572 | 0 | 0 |
| Mobilicom Limited (Australia) | common | 60742B102 |  | 413899 | 426656 | SH |  | SOLE |  | 426656 | 0 | 0 |
| Movano Inc. | common | 62459M107 |  | 1170000 | 900000 | SH |  | SOLE |  | 900000 | 0 | 0 |
| Nano Dimension Ltd. ADR (Isra | common | 63008G203 |  | 1295190 | 563126 | SH |  | SOLE |  | 563126 | 0 | 0 |
| NanoVibronix Inc. | common | 63008J108 |  | 225267 | 901069 | SH |  | SOLE |  | 901069 | 0 | 0 |
| Natural Gas Services Group In | common | 63886Q109 |  | 8815410 | 769233 | SH |  | SOLE |  | 769233 | 0 | 0 |
| NeoGames S.A.  (Luxembourg) | common | L6673X107 |  | 2761035 | 226500 | SH |  | SOLE |  | 226500 | 0 | 0 |
| Neonode Inc. | common | 64051M709 |  | 430100 | 78200 | SH |  | SOLE |  | 78200 | 0 | 0 |
| NeuroOne Medical Technologies | common | 64130M100 |  | 660000 | 550000 | SH |  | SOLE |  | 550000 | 0 | 0 |
| Noodles  Co. | common | 65540B105 |  | 3631328 | 661444 | SH |  | SOLE |  | 661444 | 0 | 0 |
| Nuvation Bio Inc. | common | 67080N101 |  | 1200000 | 625000 | SH |  | SOLE |  | 625000 | 0 | 0 |
| OPKO Health Inc. | common | 68375N103 |  | 1250000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| OncoCyte Corporation | common | 68235C107 |  | 2327880 | 7254222 | SH |  | SOLE |  | 7254222 | 0 | 0 |
| OneWater Marine Inc.  - CL A | common | 68280L101 |  | 2847616 | 99567 | SH |  | SOLE |  | 99567 | 0 | 0 |
| Ooma Inc. | common | 683416101 |  | 19203492 | 1409948 | SH |  | SOLE |  | 1409948 | 0 | 0 |
| OptimizeRx Corporation | common | 68401U204 |  | 6722402 | 400143 | SH |  | SOLE |  | 400143 | 0 | 0 |
| OrthoPediatrics Corporation | common | 68752L100 |  | 15719492 | 395658 | SH |  | SOLE |  | 395658 | 0 | 0 |
| Pfsweb Inc. | common | 717098206 |  | 12633053 | 2054155 | SH |  | SOLE |  | 2054155 | 0 | 0 |
| PowerFleet Inc. | common | 73931J109 |  | 4250082 | 1579956 | SH |  | SOLE |  | 1579956 | 0 | 0 |
| ProQR Therapeutics BV (Netherl | common | N71542109 |  | 616668 | 166667 | SH |  | SOLE |  | 166667 | 0 | 0 |
| Profire Energy Inc. | common | 74316X101 |  | 2182504 | 2078575 | SH |  | SOLE |  | 2078575 | 0 | 0 |
| PureTech Health PLC (Britain) | common | 746237106 |  | 4186848 | 1300000 | SH |  | SOLE |  | 1300000 | 0 | 0 |
| PureTech Health PLC-ADR (Brita | common | 746237106 |  | 2233000 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| Quantum Corp. | common | 747906501 |  | 716435 | 657280 | SH |  | SOLE |  | 657280 | 0 | 0 |
| QuickLogic Corporation | common | 74837P405 |  | 2134282 | 415230 | SH |  | SOLE |  | 415230 | 0 | 0 |
| Quipt Home Medical Corp. | common | 74880P104 |  | 1387566 | 294600 | SH |  | SOLE |  | 294600 | 0 | 0 |
| RADCOM Ltd. (Israel) | common | M81865111 |  | 6821473 | 623535 | SH |  | SOLE |  | 623535 | 0 | 0 |
| Repligen Corporation | common | 759916109 |  | 16931000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| Reservior Media Inc. | common | 76119X105 |  | 3641067 | 609894 | SH |  | SOLE |  | 609894 | 0 | 0 |
| Rocket Lab USA Inc. | common | 773122106 |  | 757770 | 201000 | SH |  | SOLE |  | 201000 | 0 | 0 |
| SeaSpine Holdings Corp. | common | 81255T108 |  | 9202952 | 1102150 | SH |  | SOLE |  | 1102150 | 0 | 0 |
| Sequans Communications S.A. AD | common | 817323207 |  | 12781801 | 3849940 | SH |  | SOLE |  | 3849940 | 0 | 0 |
| Sera Prognostics Inc. | common | 81749D107 |  | 211117 | 171640 | SH |  | SOLE |  | 171640 | 0 | 0 |
| Shapeways Holdings Inc. | common | 81947T102 |  | 1141671 | 2099431 | SH |  | SOLE |  | 2099431 | 0 | 0 |
| Shotspotter Inc. | common | 82536T107 |  | 3634628 | 107438 | SH |  | SOLE |  | 107438 | 0 | 0 |
| Sigma Labs Inc. | common | 826598500 |  | 279184 | 697785 | SH |  | SOLE |  | 697785 | 0 | 0 |
| Societal CDMO Inc. (F4) | common | 75629F109 |  | 13180617 | 8846052 | SH |  | SOLE |  | 8846052 | 0 | 0 |
| Sonendo Inc. | common | 835431107 |  | 975309 | 344632 | SH |  | SOLE |  | 344632 | 0 | 0 |
| Spero Therapeutics Inc. | common | 84833T103 |  | 2249692 | 1300400 | SH |  | SOLE |  | 1300400 | 0 | 0 |
| Summit Therapeutics Inc. | common | 86627T108 |  | 1275000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| Sunrun Inc. | common | 86771W105 |  | 960800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| Synchronoss Technologies Inc. | common | 87157B103 |  | 1953363 | 3160270 | SH |  | SOLE |  | 3160270 | 0 | 0 |
| The Real Good Food Company In | common | 75601G109 |  | 2388570 | 360267 | SH |  | SOLE |  | 360267 | 0 | 0 |
| TravelCenters of America LLC | common | 89421B109 |  | 29344647 | 655307 | SH |  | SOLE |  | 655307 | 0 | 0 |
| Turtle Beach Corporation | common | 900450206 |  | 4541872 | 633455 | SH |  | SOLE |  | 633455 | 0 | 0 |
| Twin Vee PowerCats Co. | common | 90177C101 |  | 1736783 | 949062 | SH |  | SOLE |  | 949062 | 0 | 0 |
| Ultra Clean Holdings Inc. | common | 90385V107 |  | 5201865 | 156919 | SH |  | SOLE |  | 156919 | 0 | 0 |
| Universal Technical Institute | common | 913915104 |  | 7497423 | 1115688 | SH |  | SOLE |  | 1115688 | 0 | 0 |
| UsioInc. | common | 917313108 |  | 1846018 | 1153761 | SH |  | SOLE |  | 1153761 | 0 | 0 |
| VIQ Solutions Inc. (Canada) | common | 91825V400 |  | 468496 | 1784067 | SH |  | SOLE |  | 1784067 | 0 | 0 |
| Veru Inc. | common | 92536C103 |  | 1531200 | 290000 | SH |  | SOLE |  | 290000 | 0 | 0 |
| Vicor Corporation | common | 925815102 |  | 4984291 | 92731 | SH |  | SOLE |  | 92731 | 0 | 0 |
| Viemed Healthcare Inc. (Canad | common | 92663R105 |  | 6484649 | 854875 | SH |  | SOLE |  | 854875 | 0 | 0 |
| Viemed Healthcare Inc. (US) | common | 92663R105 |  | 856019 | 113230 | SH |  | SOLE |  | 113230 | 0 | 0 |
| Vor BioPharma Inc. | common | 929033108 |  | 665000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| Westport Fuel Systems Inc. (C | common | 960908309 |  | 3550170 | 4582047 | SH |  | SOLE |  | 4582047 | 0 | 0 |
| argenx SE - ADR  (Netherlands) | common | 04016X101 |  | 18941500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| eMagin Corporation | common | 29076N206 |  | 951904 | 1119887 | SH |  | SOLE |  | 1119887 | 0 | 0 |
| nLight Inc. | common | 65487K100 |  | 5573299 | 549635 | SH |  | SOLE |  | 549635 | 0 | 0 |
| urban-gro Inc. | common | 91704K202 |  | 2277315 | 837248 | SH |  | SOLE |  | 837248 | 0 | 0 |
| voxeljet AG ADR (Germany) | common | 92912L106 |  | 3948877 | 1716903 | SH |  | SOLE |  | 1716903 | 0 | 0 |
| Applied DNA Sciences Inc. @4 | warrants | 999999999 |  | 380000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| Applied DNA Sciences Inc. @4 | warrants | 999999999 |  | 128250 | 475000 | SH |  | SOLE |  | 475000 | 0 | 0 |
| Ideal Power @.001 (pre-funded) | warrants | 999999999 |  | 2695421 | 253830 | SH |  | SOLE |  | 253830 | 0 | 0 |
| Ideal Power @2.32 11/13/24 9.9 | warrants | 999999999 |  | 3711071 | 439180 | SH |  | SOLE |  | 439180 | 0 | 0 |
| Ideal Power @8.90 8/5/25 9.99 | warrants | 999999999 |  | 146048 | 39366 | SH |  | SOLE |  | 39366 | 0 | 0 |
| Medicenna Therapeutics Corp. | warrants | 192775965 |  | 106400 | 1330000 | SH |  | SOLE |  | 1330000 | 0 | 0 |
| Mobilicom Ltd. @11.5 8/31/27 A | warrants | 60742B110 |  | 39941 | 363100 | SH |  | SOLE |  | 363100 | 0 | 0 |
| NeuroOne Medical @1.75 1/14/26 | warrants | 999999999 |  | 450000 | 3000000 | SH |  | SOLE |  | 3000000 | 0 | 0 |
| Ocean Power Technologies @3.85 | warrants | 674870118 |  | 46 | 464280 | SH |  | SOLE |  | 464280 | 0 | 0 |
| Polished.com Inc. 5/26/22-6/2 | warrants | 28252C117 |  | 135176 | 1689700 | SH |  | SOLE |  | 1689700 | 0 | 0 |
| Qualtek Services Inc.-A Wt @1 | warrants | 74760R113 |  | 2000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| Turtle Beach Corp. @0 pre-fund | warrants | 999999999 |  | 3943500 | 550000 | SH |  | SOLE |  | 550000 | 0 | 0 |
| eMagin Corp @.78 10/9/19-10/9/ | warrants | 999999999 |  | 660000 | 3000000 | SH |  | SOLE |  | 3000000 | 0 | 0 |
| eMagin Corporation @1.55 1/29/ | warrants | 999999999 |  | 89 | 890000 | SH |  | SOLE |  | 890000 | 0 | 0 |

---