Mink Brook Partners LP reported beneficial ownership of 763,379 shares (7.3%) of Creative Realities, Inc. common stock as of March 31, 2026. The filing is an amendment on Schedule 13G/A that attributes shared voting and dispositive power over those shares to Mink Brook Partners LP, Mink Brook Capital GP LLC, Mink Brook Asset Management LLC, and William Mueller.
The percentage is calculated using 10,518,932 shares outstanding as of 11/12/25 disclosed in the company's Form 10-Q. The filing includes an express disclaimer that shared power does not necessarily establish beneficial ownership for purposes of Section 13(d).
Positive
None.
Negative
None.
Insights
13G/A shows a passive investor reporting shared control of 7.3% of CREX.
The filing reports 763,379 shares with shared voting and dispositive power across related Mink Brook entities and an individual, using the company’s prior outstanding share count of 10,518,932 as the basis for the 7.3% figure.
Because the filing is a Schedule 13G/A amendment and includes a disclaimer, it reads as a passive/beneficial-ownership disclosure rather than an affirmative acquisition or control claim. Subsequent filings would show any change in position.
Key Figures
Reported shares owned:763,379 sharesPercent of class:7.3%Shares outstanding used for calculation:10,518,932 shares
3 metrics
Reported shares owned763,379 sharesBeneficial ownership reported as of March 31, 2026
Percent of class7.3%Calculated using 10,518,932 shares outstanding as of 11/12/25
Shares outstanding used for calculation10,518,932 sharesShares outstanding as of 11/12/25 per the company's Form 10-Q
Key Terms
Schedule 13G/A, beneficially owned, shared dispositive power
3 terms
Schedule 13G/Aregulatory
"Amendment No. 1 and Schedule 13G/A amendment text"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially ownedregulatory
"Amount beneficially owned: As of the close of business on March 31st, 2026"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared dispositive powerregulatory
"Shared power to dispose or to direct the disposition of: 763,379"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
CREATIVE REALITIES, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
22530J200
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
22530J200
1
Names of Reporting Persons
Mink Brook Asset Management LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
763,379.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
763,379.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
763,379.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: This percentage is calculated based upon 10,518,932 shares outstanding as of 11/12/25 disclosed in the company's Form 10-Q
SCHEDULE 13G
CUSIP Number(s):
22530J200
1
Names of Reporting Persons
Mink Brook Partners LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
763,379.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
763,379.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
763,379.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: This percentage is calculated based upon 10,518,932 shares outstanding as of 11/12/25 disclosed in the company's Form 10-Q
SCHEDULE 13G
CUSIP Number(s):
22530J200
1
Names of Reporting Persons
Mink Brook Capital GP LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
763,379.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
763,379.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
763,379.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: This percentage is calculated based upon 10,518,932 shares outstanding as of 11/12/25 disclosed in the company's Form 10-Q
SCHEDULE 13G
CUSIP Number(s):
22530J200
1
Names of Reporting Persons
William Mueller
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
763,379.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
763,379.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
763,379.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: This percentage is calculated based upon 10,518,932 shares outstanding as of 11/12/25 disclosed in the company's Form 10-Q
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
CREATIVE REALITIES, INC.
(b)
Address of issuer's principal executive offices:
13100 MAGISTERIAL DRIVE, SUITE 102, LOUISVILLE, KENTUCKY, 40223.
Item 2.
(a)
Name of person filing:
Mink Brook Partners LP
Mink Brook Capital GP LLC
William Mueller
Mink Brook Asset Management LLC
(b)
Address or principal business office or, if none, residence:
201 Summa Street
West Palm Beach, FL 33405
(c)
Citizenship:
Mink Brook Partners LP - Delaware
Mink Brook Capital GP LLC - Delaware
William Mueller - Florida
Mink Brook Asset Management LLC - Delaware
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Amount beneficially owned: As of the close of business on March 31st, 2026, Mink Brook Partners LP held an aggregate of 763,379 shares of the common stock of the Issuer. As the general partner to Mink Brook Partners LP, Mink Brook Capital GP LLC may be deemed to have shared power to vote or to direct the vote and to dispose or to direct the disposition of the shares held by Mink Brook Partners LP. As the managing member of Mink Brook Capital GP LLC and Mink Brook Asset Management LLC, William Mueller may be deemed to have shared power to vote or to direct the vote and to dispose or to direct the disposition of the shares held by Mink Brook Partners LP.
Neither the filing of this Schedule 13G nor any of its contents shall be deemed to constitute an admission that Mr. Mueller or Mink Brook Capital GP LLC is the beneficial owner of the shares of the common stock of the Issuer referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of their respective pecuniary interests therein.
(b)
Percent of class:
Percent of class:
Mink Brook Partners LP - 7.3%
Mink Brook Capital GP LLC - 7.3%
William Mueller - 7.3%
Mink Brook Asset Management LLC - 7.3%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Mink Brook Partners LP - 0
Mink Brook Capital GP LLC - 0
William Mueller - 0
Mink Brook Asset Management LLC - 0
(ii) Shared power to vote or to direct the vote:
Mink Brook Partners LP - 763,379
Mink Brook Capital GP LLC - 763,379
William Mueller - 763,379
Mink Brook Asset Management LLC - 763,379
(iii) Sole power to dispose or to direct the disposition of:
Mink Brook Partners LP - 0
Mink Brook Capital GP LLC - 0
William Mueller - 0
Mink Brook Asset Management LLC - 0
(iv) Shared power to dispose or to direct the disposition of:
Mink Brook Partners LP - 763,379
Mink Brook Capital GP LLC - 763,379
William Mueller - 763,379
Mink Brook Asset Management LLC - 763,379
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
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.
Mink Brook Asset Management LLC
Signature:
/s/ William Mueller
Name/Title:
Managing Member, Mink Brook Asset Management LLC
Date:
04/06/2026
Mink Brook Partners LP
Signature:
/s/ William Mueller
Name/Title:
Managing Member, general partner Mink Brook Capital GP LLC
Date:
04/06/2026
Mink Brook Capital GP LLC
Signature:
/s/ William Mueller
Name/Title:
Managing Member, general partner Mink Brook Capital GP LLC
What stake does Mink Brook Partners report in CREX?
Mink Brook Partners reports 763,379 shares, equal to 7.3% of Creative Realities' common stock. The percentage uses 10,518,932 shares outstanding as of 11/12/25 from the issuer's 10-Q.
As of what date is the reported ownership for CREX?
The beneficial ownership is reported as of March 31, 2026. The filing lists the share count and attributes shared voting and dispositive power among the listed Mink Brook entities and William Mueller.
Who is reported to have shared voting and dispositive power over the CREX shares?
The filing lists Mink Brook Partners LP, Mink Brook Capital GP LLC, Mink Brook Asset Management LLC, and William Mueller as having shared voting and dispositive power over the 763,379 shares.
Does the 13G/A filing assert that William Mueller personally beneficially owns the CREX shares?
No. The filing includes an express disclaimer stating that neither Mr. Mueller nor Mink Brook Capital GP LLC is necessarily the beneficial owner for Section 13(d) purposes, except to the extent of any pecuniary interest.
What filing type is this and what does it imply for CREX ownership disclosure?
This is a Schedule 13G/A amendment, a passive beneficial-ownership disclosure. It reports ownership and shared control figures but does not itself indicate active control or a change in corporate governance.
