[SCHEDULE 13G/A] CVD Equipment Corp. SEC Filing

Rhea-AI Filing Summary

On June 17, 2025 Dawson Geophysical Company (NASDAQ: DWSN) convened its Annual Meeting with 27,698,961 shares present, representing approximately 89 % of shares outstanding. Three routine governance proposals were decided:

• Proposal 1 – Director Elections: All five nominees (Matthew Wilks, Bruce Bradley, Albert Conly, Jose Carlos Fernandes, Sergei Krylov) were elected for one-year terms. Votes for each candidate ranged from 25.55-25.93 million, while withheld votes remained below 0.43 million. Broker non-votes totaled 1.72 million.
• Proposal 2 – Auditor Ratification: Shareholders ratified RSM US LLP as independent auditor for fiscal 2025 with 25.40 million votes for (≈91 %), 2.24 million against, and 63,518 abstentions.
• Proposal 3 – Advisory Say-on-Pay: 23.66 million votes for (≈91 %), 2.31 million against, 8,446 abstentions, and 1.72 million broker non-votes affirmed 2024 executive compensation.

No additional business, financial metrics, or strategic announcements were disclosed. The 8-K therefore serves chiefly as confirmation of continued shareholder support for the board, management remuneration, and external auditors.

Positive

• Strong shareholder support: All directors, auditor, and say-on-pay received ≈90-99 % approval, reducing governance risk.
• High meeting participation: 89 % of outstanding shares voted, indicating engaged and supportive ownership base.

Negative

• Minor dissent: 8-9 % votes against auditor ratification and executive pay hint at pockets of shareholder concern.
• No strategic or financial updates: Filing lacks earnings data or new initiatives, offering limited insight into company growth prospects.

Insights

Corporate Governance Expert

TL;DR: Routine meeting; >90 % support signals stable governance, no material surprises.

Turnout of 89 % comfortably exceeded quorum, indicating an engaged investor base. Director re-elections passed with near-unanimous support, suggesting confidence in current strategic oversight. Auditor ratification and say-on-pay each cleared the 90 % threshold, a level that proxy-advisory firms typically regard as decisive. Although 8-9 % opposition to compensation and auditor choice shows modest dissent, it is insufficient to compel policy changes. Absent any new strategic initiatives or capital allocation decisions, the filing is procedurally important but not financially material. Overall governance risk remains low.

Portfolio Manager

TL;DR: Filing is neutral for valuation; confirms status quo with solid shareholder backing.

From a portfolio perspective, broad shareholder endorsement reduces the probability of activist disruption over the next year. The absence of operational or financial disclosures means no change to revenue, margin, or cash-flow projections. Mild discontent on auditor and pay (≈9 % ‘against’) is worth monitoring but unlikely to translate into near-term catalysts. I classify the impact on DWSN’s investment thesis as neutral; positions should be maintained until earnings or strategic updates provide fresh information.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 12)

CVD EQUIPMENT CORP

(Name of Issuer)

Common Stock

(Title of Class of Securities)

126601103

(CUSIP Number)

06/20/2025

(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)

SCHEDULE 13G

CUSIP No. 126601103

1

Names of Reporting Persons

Leviticus 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 429,748.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 429,748.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

429,748.00

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)

6.2 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: CVD EQUIPMENT CORP
(b)	Address of issuer's principal executive offices: 355 S. TECHNOLOGY DRIVE, 355 S. TECHNOLOGY DRIVE, CENTRAL ISLIP, NEW JERSEY, 11722
Item 2.
(a)	Name of person filing: Adam M Hutt
(b)	Address or principal business office or, if none, residence: 32 Old Mill Road Great Neck, NY 11023
(c)	Citizenship: USA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 126601103
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: 429,748
(b)	Percent of class: 6.2%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 429,748
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 429,748
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
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 acquired and are held in the ordinary course of business and 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.

Leviticus Partners LP

Signature:	Adam M Hutt
Name/Title:	Managing Member
Date:	06/24/2025

FAQ

What was the quorum at Dawson Geophysical's 2025 Annual Meeting?

27,698,961 shares, representing roughly 89 % of shares outstanding, were present.

Were all Dawson Geophysical (DWSN) directors re-elected in 2025?

Yes. All five nominees secured >98 % of votes cast for and will serve until the 2026 meeting.

Did shareholders approve Dawson Geophysical's 2024 executive compensation?

Yes—23.66 million votes for (≈91 %) versus 2.31 million against.

Who is Dawson Geophysical's auditor for fiscal 2025?

Shareholders ratified RSM US LLP with 25.40 million votes in favor.

Does the 8-K include any earnings or transaction announcements?

No, the filing is limited to voting results; it contains no financial performance or M&A disclosures.