Mink Brook Asset Management LLC, together with affiliated entities Mink Brook Partners LP, Mink Brook Capital GP LLC, and William Mueller, reports passive ownership of Creative Realities, Inc. common stock. The group beneficially owns 1,166,954 shares, representing 8.9% of the common stock.
The ownership is reported with shared voting and dispositive power over all 1,166,954 shares and no sole voting or dispositive power. The percentage is based on 13,097,892 shares outstanding as of June 30, 2026, as disclosed in a Form 424B5. All securities are held in advisory client accounts of Mink Brook Asset Management LLC, and each reporting person disclaims beneficial ownership beyond its pecuniary interest.
Positive
None.
Negative
None.
Key Figures
Shares beneficially owned:1,166,954 sharesPercent of class:8.9%Shares outstanding baseline:13,097,892 shares
3 metrics
Shares beneficially owned1,166,954 sharesCommon stock of Creative Realities, Inc. reported by each Mink Brook reporting person
Percent of class8.9%Ownership percentage of Creative Realities common stock for each reporting person
Shares outstanding baseline13,097,892 sharesCreative Realities common stock outstanding as of June 30, 2026, from Form 424B5
Key Terms
beneficially owned, shared voting power, shared dispositive power, Investment Company Act of 1940, +1 more
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 voting powerfinancial
"Shared Voting Power 1,166,954.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 1,166,954.00"
Investment Company Act of 1940regulatory
"shareholders of an investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
pecuniary interestfinancial
"disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest"
What ownership stake in CREX does Mink Brook report in this Schedule 13G/A?
Mink Brook-related entities report beneficial ownership of 1,166,954 shares of Creative Realities, Inc. (CREX), equal to 8.9% of the common stock, with shared voting and dispositive power over all reported shares.
How was the 8.9% ownership in CREX calculated in this Schedule 13G/A?
The 8.9% ownership figure is calculated using 13,097,892 shares of Creative Realities common stock outstanding as of June 30, 2026, a number referenced from the company’s Form 424B5.
Who are the reporting persons for the CREX Schedule 13G/A filing?
The reporting persons are Mink Brook Partners LP, Mink Brook Capital GP LLC, William Mueller, and Mink Brook Asset Management LLC, all reporting the same 1,166,954 shares and 8.9% beneficial ownership in CREX common stock.
What voting and dispositive powers do the Mink Brook entities report over CREX shares?
The reporting persons state 0 shares with sole voting or dispositive power and 1,166,954 shares with shared voting and shared dispositive power over Creative Realities common stock.
Who actually holds the CREX shares reported by Mink Brook Asset Management LLC?
All reported CREX securities are held in accounts of advisory clients of Mink Brook Asset Management LLC. Only Mink Brook Partners LP may be deemed to beneficially own more than 5% of the common stock among those clients.
Do the Mink Brook reporting persons admit full beneficial ownership of the CREX shares?
Each reporting person disclaims beneficial ownership of the CREX securities except to the extent of their pecuniary interest, stating the report should not be deemed an admission of beneficial ownership for any purpose.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
CREATIVE REALITIES, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
22530J200
(CUSIP Number)
06/30/2026
(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 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
1,166,954.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,166,954.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,166,954.00
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)
8.9 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: (1) This percentage is calculated based upon 13,097,892 shares outstanding of common stock as of 6/30/26 disclosed in the company's Form 424B5
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
1,166,954.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,166,954.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,166,954.00
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)
8.9 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (1) This percentage is calculated based upon 13,097,892 shares outstanding of common stock as of 6/30/26 disclosed in the company's Form 424B5
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
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,166,954.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,166,954.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,166,954.00
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)
8.9 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: (1) This percentage is calculated based upon 13,097,892 shares outstanding of common stock as of 6/30/26 disclosed in the company's Form 424B5
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
1,166,954.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,166,954.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,166,954.00
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)
8.9 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: (1) This percentage is calculated based upon 13,097,892 shares outstanding of common stock as of 6/30/26 disclosed in the company's Form 424B5
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:
Mink Brook Partners LP
201 Summa Street
West Palm Beach, FL 33405
Mink Brook Capital GP LLC
201 Summa Street
West Palm Beach, FL 33405
William Mueller
c/o Mink Brook Asset Management LLC
201 Summa Street
West Palm Beach, FL 33405
Mink Brook Asset Management LLC
201 Summa Street
West Palm Beach, FL 33405
(c)
Citizenship:
Mink Brook Partners LP - Delaware
Mink Brook Capital GP LLC - Delaware
William Mueller - United States
Mink Brook Asset Management LLC - Delaware
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
22530J200
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:
Mink Brook Partners LP - 1,166,954
Mink Brook Capital GP LLC - 1,166,954
William Mueller - 1,166,954
Mink Brook Asset Management LLC - 1,166,954
(b)
Percent of class:
Percent of class:
Mink Brook Partners LP - 8.9%
Mink Brook Capital GP LLC - 8.9%
William Mueller - 8.9%
Mink Brook Asset Management LLC - 8.9%
(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 - 1,166,954
Mink Brook Capital GP LLC - 1,166,954
William Mueller - 1,166,954
Mink Brook Asset Management LLC - 1,166,954
(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 - 1,166,954
Mink Brook Capital GP LLC - 1,166,954
William Mueller - 1,166,954
Mink Brook Asset Management LLC - 1,166,954
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.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
All of the securities reported in this Schedule 13G Amendment No. 5 are directly owned by advisory clients of Mink Brook Asset Management LLC. None of those advisory clients, other than Mink Brook Partners LP, may be deemed to beneficially own more than 5% of the Common Stock.
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 Partners LP
Signature:
/s/ William Mueller*
Name/Title:
Managing Member, of its general partner Mink Brook Capital GP LLC
Date:
08/10/2026
Mink Brook Capital GP LLC
Signature:
/s/ William Mueller*
Name/Title:
Managing Member
Date:
08/10/2026
William Mueller
Signature:
/s/ William Mueller*
Name/Title:
William Mueller
Date:
08/10/2026
Mink Brook Asset Management LLC
Signature:
/s/ William Mueller*
Name/Title:
Managing Member
Date:
08/10/2026
Comments accompanying signature: *Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.
