# EDGAR Filing Document

**Accession Number:** 0001110607
**File Stem:** 0001193125-25-306058
**Filing Date:** 2025-12
**Character Count:** 15177
**Document Hash:** c5e1670bb871f7d0ebd12d57290bd97a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-306058.hdr.sgml**: 20251203

**ACCESSION NUMBER**: 0001193125-25-306058

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

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251203

**DATE AS OF CHANGE**: 20251203

**SUBJECT COMPANY**: 

**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

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-79086
- **FILM NUMBER:** 251545150

**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
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MAZ Partners LP
- **CENTRAL INDEX KEY:** 0001496771

**ORGANIZATION NAME:**
- **EIN:** 272868551
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 7 CENTURY DRIVE
- **STREET 2:** SUITE 201
- **CITY:** PARSIPPANY
- **STATE:** NJ
- **ZIP:** 07054
- **BUSINESS PHONE:** 973-267-6686

**MAIL ADDRESS:**
- **STREET 1:** 7 CENTURY DRIVE
- **STREET 2:** SUITE 201
- **CITY:** PARSIPPANY
- **STATE:** NJ
- **ZIP:** 07054

### Attached PDF Documents

**Attachment 1:** `ck0000000000-ex99_1.pdf`

_No text found in this document._

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

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 2)**

**Koil Energy Solutions, Inc.**

*(Name of Issuer)*

**Common Stock, par value $0.001 per share**

*(Title of Class of Securities)*

**24372A305**

*(CUSIP Number)*

**MAZ Partners LP**<br>9028 Lakes Boulevard<br>West Palm Beach FL 33412<br>(973) 641-5643

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

**07/31/2024**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **24372A305** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**MAZ Partners LP** | Name of reporting person<br>**MAZ Partners LP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**295492.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**295492.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**295492.00** | Aggregate amount beneficially owned by each reporting person<br>**295492.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**2.4%** | Percent of class represented by amount in Row (11)<br>**2.4%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

**Comment for Reporting Person:** Item 13 is calculated based on 12,188,202 shares of Common Stock outstanding as of September 30, 2025 as disclosed by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2025.

| **CUSIP No.** | **24372A305** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**MAZ Capital Advisers, LLC** | Name of reporting person<br>**MAZ Capital Advisers, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**295492.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**295492.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**295492.00** | Aggregate amount beneficially owned by each reporting person<br>**295492.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**2.4%** | Percent of class represented by amount in Row (11)<br>**2.4%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** Item 13 is calculated based on 12,188,202 shares of Common Stock outstanding as of September 30, 2025 as disclosed by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2025.

| **CUSIP No.** | **24372A305** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Walter Schenker** | Name of reporting person<br>**Walter Schenker** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**4531.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**295492.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**4531.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**295492.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**300023.00** | Aggregate amount beneficially owned by each reporting person<br>**300023.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**2.5%** | Percent of class represented by amount in Row (11)<br>**2.5%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Item 13 is calculated based on 12,188,202 shares of Common Stock outstanding as of September 30, 2025 as disclosed by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2025.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, par value $0.001 per share

**(b) Name of Issuer:**
Koil Energy Solutions, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
1310 Rankin Road, Houston, TX, 77073

This Statement on Schedule 13D/A relates to the common stock, par value $0.001 per share (the "Common Stock") of Koil Energy Solutions, Inc. (the "Issuer"), a Nevada corporation formerly known as Deep Down, Inc., whose principal executive offices are located at 1310 Rankin Road, Houston, TX 77073.

**Item 4. Purpose of Transaction**

The Reporting Persons purchased the Common Stock for investment purposes. The intent of the Reporting Persons is to influence the policies of the Issuer and assert shareholder rights, with a goal of maximizing the value of the Common Stock.

Consistent with their investment purpose, the Reporting Persons may engage in communications with one or more officers of the Issuer and/or one or more members of the Board of Directors of the Issuer, and/or one or more representatives of the Issuer regarding the Issuer, including, but not limited to its business, management, operations, assets, capitalization, financial condition, governance, strategy and future plans.

The Reporting Persons from time to time intend to review their investment in the Issuer on the basis of various factors, including the Company's business, financial condition, results of operations and prospects, general economic and industry conditions, the securities markets in general and those for the Common Stock in particular, as well as other developments and other investment opportunities. Based upon such review, the Reporting Persons will take such actions in the future as they may deem appropriate in light of the circumstances existing from time to time, which may include further acquisitions of shares of Common Stock or disposal of some or all of the shares of Common Stock currently owned by the Reporting Persons or otherwise acquired by them, either in the open market or in privately negotiated transactions. Any such transactions may be effected at any time or from time to time subject to any applicable limitations imposed on the sale of the Common Stock by applicable law.

Except to the extent the foregoing may be deemed a plan or proposal, the Reporting Persons have no plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of the instructions to Item 4 of the Schedule 13D/A. The Reporting Persons may, at any time and from time to time, review or reconsider their position and/or change their purpose and/or formulate plans or proposals with respect thereto.

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

**(a)**
As of the date hereof, (i) MAZ Partners and MAZ Capital may each be deemed to be the beneficial owner of 295,492 shares of Common Stock (the "MAZ Shares"), constituting approximately 2.4% of the shares of Common Stock, and (ii) Schenker may be deemed to be the beneficial owner of 300,023 shares of Common Stock, constituting approximately 2.5% of the shares of Common Stock, each based upon a total of 12,188,202 shares of Common Stock outstanding as of November 14, 2025 (based on disclosure in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2025.

**(b)**
MAZ Partners may be deemed to have the shared power to vote or direct the vote (and the shared power to dispose or direct the disposition) of the MAZ Shares. MAZ Capital, as the sole general partner of MAZ Partners, may be deemed to have the shared power to vote or direct the vote (and the shared power to dispose or direct the disposition) of the MAZ Shares and therefore, MAZ Capital may be deemed to be the beneficial owner of the MAZ Shares. By virtue of Schenker's position as the sole managing member of MAZ Capital, Schenker may be deemed to have the shared power to vote or direct the vote (and the shared power to dispose or direct the disposition) of the MAZ Shares and therefore, Schenker may be deemed to be the beneficial owner of the MAZ Shares. Schenker also has the sole voting and dispositive power over 4,531 shares of Common Stock.

**(c)**
Not applicable.

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

Pursuant to Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the Reporting Persons have entered into an agreement with respect to the joint filing of this Schedule, which agreement is attached hereto as Exhibit 99.1 to this Schedule 13D/A.

Except as described herein or in other amendments to this Schedule 13D/A, there are no contracts, arrangements, understandings or relationships among the persons named in Item 2 hereof and between such persons and any person with respect to any securities of the Issuer.

### SIGNATURE

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

**Reporting Person:** MAZ Partners LP

**Signature:** By: MAZ Capital Advisors, LLC, its General Partner, By: /s/ Walter Schenker

**Name/Title:** Walter Schenker, Manager

**Date:** 12/03/2025

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

**Reporting Person:** MAZ Capital Advisers, LLC

**Signature:** By: /s/ Walter Schenker

**Name/Title:** Walter Schenker, Manager

**Date:** 12/03/2025

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

**Reporting Person:** Walter Schenker

**Signature:** /s/ Walter Schenker

**Name/Title:** Walter Schenker

**Date:** 12/03/2025