# EDGAR Filing Document

**Accession Number:** 0001535264
**File Stem:** 0001535264-25-000052
**Filing Date:** 2025-8
**Character Count:** 13583
**Document Hash:** c1161aab91342cac2172f03bd1b87085
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001535264-25-000052.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001535264-25-000052

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AWM Investment Company, Inc.
- **CENTRAL INDEX KEY:** 0001535264

**ORGANIZATION NAME:**
- **EIN:** 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:** 251219637

**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:** 06-30-2025

**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:** 212-319-6670

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

David M Greenhoue  New York, NY  08-14-2025<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:** 94

**Form 13F Information Table Value Total:** $891745340

      (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 |
| 908 Devices Inc. | common | 65443P102 |  | 37075458 | 5199924 | SH |  | SOLE |  | 5199924 | 0 | 0 |
| ADMA Biologics Inc. | common | 000899104 |  | 40062000 | 2200000 | SH |  | SOLE |  | 2200000 | 0 | 0 |
| ASP Isotopes Inc. | common | 00218A105 |  | 28933529 | 3931186 | SH |  | SOLE |  | 3931186 | 0 | 0 |
| Abacus Life Inc. | common | 00258Y104 |  | 5570192 | 1083695 | SH |  | SOLE |  | 1083695 | 0 | 0 |
| Abeona Therapeutics Inc. | common | 00289Y206 |  | 2669600 | 470000 | SH |  | SOLE |  | 470000 | 0 | 0 |
| Aehr Test Systems | common | 00760J108 |  | 20349544 | 1573824 | SH |  | SOLE |  | 1573824 | 0 | 0 |
| Aerovironment Inc. | common | 008073108 |  | 32453810 | 113893 | SH |  | SOLE |  | 113893 | 0 | 0 |
| Allot Ltd. (Israel) | common | 027669603 |  | 4263885 | 498700 | SH |  | SOLE |  | 498700 | 0 | 0 |
| Alpha Cognition Inc.(Canada) | common | 02074J501 |  | 10222433 | 1095652 | SH |  | SOLE |  | 1095652 | 0 | 0 |
| Alto Neuroscience Inc. | common | 02157Q109 |  | 617063 | 280483 | SH |  | SOLE |  | 280483 | 0 | 0 |
| American Public Education Inc | common | 02913V103 |  | 3015540 | 99000 | SH |  | SOLE |  | 99000 | 0 | 0 |
| American Superconductor Corp | common | 030111207 |  | 57180558 | 1558478 | SH |  | SOLE |  | 1558478 | 0 | 0 |
| Arbe Robotics Ltd.(Israel) | common | M1R95N100 |  | 10302941 | 5788169 | SH |  | SOLE |  | 5788169 | 0 | 0 |
| Arlo Technologies Inc. | common | 04206A101 |  | 11780009 | 694576 | SH |  | SOLE |  | 694576 | 0 | 0 |
| Aspen Aerogels Inc. | common | 04523Y105 |  | 8498024 | 1435477 | SH |  | SOLE |  | 1435477 | 0 | 0 |
| Avadel Pharmaceutical PLC (Ire | common | G29687103 |  | 2798273 | 316189 | SH |  | SOLE |  | 316189 | 0 | 0 |
| Aviat Networks Inc. | common | 05366Y201 |  | 3338284 | 138806 | SH |  | SOLE |  | 138806 | 0 | 0 |
| Aytu BioPharma Inc. | common | 054754858 |  | 1351325 | 619874 | SH |  | SOLE |  | 619874 | 0 | 0 |
| Backblaze Inc. | common | 05637B105 |  | 16854893 | 3064526 | SH |  | SOLE |  | 3064526 | 0 | 0 |
| Benitec Biopharma Inc.  (Aust | common | 08205P209 |  | 1614331 | 137977 | SH |  | SOLE |  | 137977 | 0 | 0 |
| Bit Digital Inc. | common | 224845502 |  | 6570000 | 3000000 | SH |  | SOLE |  | 3000000 | 0 | 0 |
| Black Diamond Therapeutics | common | 09203E105 |  | 1240000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| BlackSky Technology Inc. | common | 09263B207 |  | 45480277 | 2209926 | SH |  | SOLE |  | 2209926 | 0 | 0 |
| Blade Air Mobility Inc. | common | 092667104 |  | 11144836 | 2765468 | SH |  | SOLE |  | 2765468 | 0 | 0 |
| CEVA Inc. | common | 157210105 |  | 14664221 | 667162 | SH |  | SOLE |  | 667162 | 0 | 0 |
| Century Casinos Inc. | common | 156492100 |  | 4643586 | 2195549 | SH |  | SOLE |  | 2195549 | 0 | 0 |
| CervoMed Inc. | common | 15713L109 |  | 5425212 | 863200 | SH |  | SOLE |  | 863200 | 0 | 0 |
| Citi Trends Inc. | common | 17306X102 |  | 7762407 | 232477 | SH |  | SOLE |  | 232477 | 0 | 0 |
| Crinetics Pharmaceuticals Inc | common | 22663K107 |  | 2732200 | 95000 | SH |  | SOLE |  | 95000 | 0 | 0 |
| DHI Group Inc. | common | 23331S100 |  | 2022570 | 681000 | SH |  | SOLE |  | 681000 | 0 | 0 |
| Destination XL Group Inc. | common | 25065K104 |  | 10433220 | 9399297 | SH |  | SOLE |  | 9399297 | 0 | 0 |
| ElectroCore Inc. | common | 28531P202 |  | 1425209 | 269926 | SH |  | SOLE |  | 269926 | 0 | 0 |
| Eledon Pharmacueticals Inc. | common | 28617K101 |  | 2982282 | 1100473 | SH |  | SOLE |  | 1100473 | 0 | 0 |
| Everspin Technology Inc. | common | 30041T104 |  | 13374056 | 2126241 | SH |  | SOLE |  | 2126241 | 0 | 0 |
| Forge Global Holdings Inc. | common | 34629L103 |  | 3929704 | 206392 | SH |  | SOLE |  | 206392 | 0 | 0 |
| Forte Biosciences Inc. | common | 349626208 |  | 3385346 | 261821 | SH |  | SOLE |  | 261821 | 0 | 0 |
| Gaia Inc. | common | 36269P104 |  | 8396779 | 1912706 | SH |  | SOLE |  | 1912706 | 0 | 0 |
| Galaxy Digital Holdings Ltd. | common | G37092106 |  | 5145532 | 235000 | SH |  | SOLE |  | 235000 | 0 | 0 |
| Galaxy Digital Inc.-Class A | common | 999999999 |  | 4927500 | 225000 | SH |  | SOLE |  | 225000 | 0 | 0 |
| Gambling.com Group Ltd. | common | G3R239101 |  | 17774539 | 1494915 | SH |  | SOLE |  | 1494915 | 0 | 0 |
| Genasys Inc. | common | 36872P103 |  | 9773711 | 5649544 | SH |  | SOLE |  | 5649544 | 0 | 0 |
| Gilat Satellite Networks Ltd. | common | M51474118 |  | 17002444 | 2398088 | SH |  | SOLE |  | 2398088 | 0 | 0 |
| GrowGeneration Corp. | common | 39986L109 |  | 2907726 | 3109535 | SH |  | SOLE |  | 3109535 | 0 | 0 |
| Ideal Power Inc. | common | 451622203 |  | 2724935 | 601531 | SH |  | SOLE |  | 601531 | 0 | 0 |
| Impinj Inc. | common | 453204109 |  | 19789675 | 178173 | SH |  | SOLE |  | 178173 | 0 | 0 |
| Infusystem Holdings Inc. | common | 45685K102 |  | 7939127 | 1272296 | SH |  | SOLE |  | 1272296 | 0 | 0 |
| Insight Molecular Diagnostic | common | 68235C206 |  | 8524041 | 2822530 | SH |  | SOLE |  | 2822530 | 0 | 0 |
| Kopin Corporation | common | 500600101 |  | 15091747 | 9863887 | SH |  | SOLE |  | 9863887 | 0 | 0 |
| Laird Superfood Inc. | common | 50736T102 |  | 3776289 | 599411 | SH |  | SOLE |  | 599411 | 0 | 0 |
| LeMaitre Vascular Inc. | common | 525558201 |  | 10796500 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| LightPath Technologies Inc. | common | 532257805 |  | 5321039 | 1727610 | SH |  | SOLE |  | 1727610 | 0 | 0 |
| MDxHealth SA    (Belgium) | common | B5950S113 |  | 11539033 | 5221282 | SH |  | SOLE |  | 5221282 | 0 | 0 |
| Mind Medicine (MindMed) Inc. | common | 60255C885 |  | 7889646 | 1215662 | SH |  | SOLE |  | 1215662 | 0 | 0 |
| Modular Medical Inc. | common | 60785L207 |  | 654578 | 878628 | SH |  | SOLE |  | 878628 | 0 | 0 |
| Natural Gas Services Group In | common | 63886Q109 |  | 17464388 | 676652 | SH |  | SOLE |  | 676652 | 0 | 0 |
| Nature's Sunshine Products In | common | 639027101 |  | 5176500 | 350000 | SH |  | SOLE |  | 350000 | 0 | 0 |
| NeuroOne Medical Technologies | common | 64130M100 |  | 621775 | 916667 | SH |  | SOLE |  | 916667 | 0 | 0 |
| Neuronetics Inc. | common | 64131A105 |  | 858275 | 245924 | SH |  | SOLE |  | 245924 | 0 | 0 |
| Nkarta Inc. | common | 65487U108 |  | 1162000 | 700000 | SH |  | SOLE |  | 700000 | 0 | 0 |
| OPKO Health Inc. | common | 68375N103 |  | 2640000 | 2000000 | SH |  | SOLE |  | 2000000 | 0 | 0 |
| Ondas Holding Inc. | common | 68236H204 |  | 11123019 | 5793239 | SH |  | SOLE |  | 5793239 | 0 | 0 |
| Ooma Inc. | common | 683416101 |  | 9450888 | 732627 | SH |  | SOLE |  | 732627 | 0 | 0 |
| OptimizeRx Corporation | common | 68401U204 |  | 3448183 | 255421 | SH |  | SOLE |  | 255421 | 0 | 0 |
| OrthoPediatrics Corporation | common | 68752L100 |  | 11417479 | 531540 | SH |  | SOLE |  | 531540 | 0 | 0 |
| Palvella Therapeutics Inc. | common | 697947109 |  | 1564637 | 69416 | SH |  | SOLE |  | 69416 | 0 | 0 |
| PowerFleet Inc. | common | 73931J109 |  | 19838671 | 4602940 | SH |  | SOLE |  | 4602940 | 0 | 0 |
| Progyny Inc. | common | 74340E103 |  | 3960000 | 180000 | SH |  | SOLE |  | 180000 | 0 | 0 |
| RADCOM Ltd. (Israel) | common | M81865111 |  | 13471237 | 991261 | SH |  | SOLE |  | 991261 | 0 | 0 |
| Red Cat Holdings Inc. | common | 75644T100 |  | 14833844 | 2037616 | SH |  | SOLE |  | 2037616 | 0 | 0 |
| RenovoRx Inc. | common | 75989R107 |  | 2468697 | 1870225 | SH |  | SOLE |  | 1870225 | 0 | 0 |
| Repligen Corporation | common | 759916109 |  | 5597100 | 45000 | SH |  | SOLE |  | 45000 | 0 | 0 |
| Reservoir Media Inc. | common | 76119X105 |  | 6500770 | 847558 | SH |  | SOLE |  | 847558 | 0 | 0 |
| SANUWAVE Health Inc. | common | 80303D305 |  | 16086613 | 489550 | SH |  | SOLE |  | 489550 | 0 | 0 |
| Sera Prognostics Inc. | common | 81749D107 |  | 1886179 | 680931 | SH |  | SOLE |  | 680931 | 0 | 0 |
| Silynxcom Ltd.  (Israel) | common | M8T145100 |  | 1794980 | 1043593 | SH |  | SOLE |  | 1043593 | 0 | 0 |
| Spire Global Inc. | common | 848560306 |  | 3171885 | 266545 | SH |  | SOLE |  | 266545 | 0 | 0 |
| Synchronoss Technologies Inc. | common | 87157B400 |  | 3190627 | 465785 | SH |  | SOLE |  | 465785 | 0 | 0 |
| Talkspace Inc. | common | 87427V103 |  | 11032430 | 3968500 | SH |  | SOLE |  | 3968500 | 0 | 0 |
| Teads Holding Co | common | 69002R103 |  | 709664 | 286155 | SH |  | SOLE |  | 286155 | 0 | 0 |
| The Lovesac Company | common | 54738L109 |  | 13303472 | 730960 | SH |  | SOLE |  | 730960 | 0 | 0 |
| The Real Brokerage Inc.(Canad | common | 75585H206 |  | 10453571 | 2317865 | SH |  | SOLE |  | 2317865 | 0 | 0 |
| The RealReal Inc. | common | 88339P101 |  | 6868127 | 1433847 | SH |  | SOLE |  | 1433847 | 0 | 0 |
| TriSalus Life Sciences Inc. | common | 89680M101 |  | 6812500 | 1250000 | SH |  | SOLE |  | 1250000 | 0 | 0 |
| Turtle Beach Corporation | common | 900450206 |  | 6256028 | 452352 | SH |  | SOLE |  | 452352 | 0 | 0 |
| Ultra Clean Holdings Inc. | common | 90385V107 |  | 3169731 | 140440 | SH |  | SOLE |  | 140440 | 0 | 0 |
| Universal Technical Institute | common | 913915104 |  | 14325303 | 422700 | SH |  | SOLE |  | 422700 | 0 | 0 |
| Vicor Corporation | common | 925815102 |  | 15114406 | 333210 | SH |  | SOLE |  | 333210 | 0 | 0 |
| Vital Farms Inc. | common | 92847W103 |  | 9331431 | 242249 | SH |  | SOLE |  | 242249 | 0 | 0 |
| Xtant Medical Holdings Inc. | common | 98420P308 |  | 4874903 | 6596621 | SH |  | SOLE |  | 6596621 | 0 | 0 |
| argenx SE - ADR  (Netherlands) | common | 04016X101 |  | 8268300 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| mF International Ltd. (Hong K | common | G6065C113 |  | 685853 | 113177 | SH |  | SOLE |  | 113177 | 0 | 0 |
| nLight Inc. | common | 65487K100 |  | 26467967 | 1344917 | SH |  | SOLE |  | 1344917 | 0 | 0 |
| Abacus Life Inc. WTS @ 11.50 6 | warrants | 00258Y112 |  | 67828 | 60561 | SH |  | SOLE |  | 60561 | 0 | 0 |
| Mobilicom Ltd. @5.00 8/31/27 A | warrants | 60742B110 |  | 134420 | 363100 | SH |  | SOLE |  | 363100 | 0 | 0 |

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