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DIRTT Environmental (DRTTF): 22NW and Aron R. English disclose 30.3% ownership

Filing Impact
(Neutral)
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(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

DIRTT Environmental Solutions received an updated ownership report from 22NW and related parties. The filing states that as of a base of 191,832,029 common shares outstanding as of October 30, 2025, 22NW Fund beneficially owned 49,955,045 shares, or about 26.0% of the company. Through direct and indirect holdings, Aron R. English is reported as beneficially owning 58,038,870 shares, representing approximately 30.3% of the shares outstanding.

The amendment also notes that on December 10, 2025, Alexander B. Jones ceased to be an employee of 22NW and, as a result, is no longer part of the Section 13(d) group, though he continues to directly own 2,181 shares. The reporting persons state there have been no transactions in DIRTT shares by them during the past 60 days. On December 12, 2025 they entered into a Joint Filing Agreement to continue coordinated reporting of their DIRTT holdings as required.

Positive

  • None.

Negative

  • None.





If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


22NW Fund, LP
Signature:/s/ Aron R. English
Name/Title:Aron R. English, Manager of 22NW Fund GP, LLC, its General Partner
Date:12/12/2025
22NW, LP
Signature:/s/ Aron R. English
Name/Title:Aron R. English, President and Sole Shareholder of 22NW GP, Inc., its General Partner
Date:12/12/2025
22NW Fund GP, LLC
Signature:/s/ Aron R. English
Name/Title:Aron R. English, Manager
Date:12/12/2025
22NW GP, Inc.
Signature:/s/ Aron R. English
Name/Title:Aron R. English, President and Sole Shareholder
Date:12/12/2025
English Aron R.
Signature:/s/ Aron R. English
Name/Title:ARON R. ENGLISH
Date:12/12/2025
Hirai-Hadley Bryson
Signature:/s/ Bryson O. Hirai-Hadley
Name/Title:BRYSON O. HIRAI-HADLEY
Date:12/12/2025
Jones Alexander B
Signature:/s/ Alexander B. Jones
Name/Title:ALEXANDER B. JONES
Date:12/12/2025
Zarate Adrian R
Signature:/s/ Adrian R. Zarate
Name/Title:ADRIAN R. ZARATE
Date:12/12/2025

FAQ

What ownership stake in DIRTT Environmental Solutions does 22NW report in this filing?

The filing states that 22NW Fund directly beneficially owns 49,955,045 common shares of DIRTT Environmental Solutions, representing approximately 26.0% of the 191,832,029 shares outstanding as of October 30, 2025.

How many DIRTT Environmental Solutions shares does Aron R. English report beneficially owning?

As of the report, Aron R. English is deemed to beneficially own an aggregate of 58,038,870 DIRTT shares, equal to about 30.3% of the shares outstanding, combining his direct holdings and shares attributed through 22NW entities.

What change involving Alexander B. Jones is disclosed for DIRTTF in this Schedule 13D/A?

The document notes that on December 10, 2025, Alexander B. Jones ceased to be an employee of 22NW and is no longer a member of the Section 13(d) group, though he still directly owns 2,181 DIRTT shares.

Did the reporting persons trade DIRTT Environmental Solutions (DRTTF) shares recently?

The filing states that there have been no transactions in DIRTT Environmental Solutions securities by the reporting persons during the past 60 days.

What is the total share count used to calculate the ownership percentages in this DIRTTF filing?

Ownership percentages are based on 191,832,029 DIRTT common shares outstanding as of October 30, 2025, as reported in the company’s Form 10-Q filed on November 6, 2025.

What is the Joint Filing Agreement mentioned for DIRTT Environmental Solutions (DRTTF)?

On December 12, 2025, the reporting persons entered into a Joint Filing Agreement under which those remaining as reporting persons agreed to file Schedule 13D statements jointly for their DIRTT holdings, as required by applicable law.

Which other individuals besides Aron R. English are listed as DIRTTF reporting persons and what are their stakes?

The filing lists Bryson O. Hirai-Hadley with 2,272 shares (about 0.001%), Alexander B. Jones with 2,181 shares (about 0.001%), and Adrian R. Zarate with 25,875 DSU-linked shares (about 0.01%) of DIRTT.
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