Elmet Group (ELMT) sees Needham entities disclose up to 8.8% ownership

Rhea-AI Filing Summary

Needham Investment Management L.L.C., related entities, and George A. Needham report beneficial ownership stakes in Elmet Group Co. common stock. Needham Investment Management, Needham Asset Management, and George A. Needham each report beneficial ownership of 2,639,416 shares, representing 8.8% of the common stock. Needham Aggressive Growth Fund reports beneficial ownership of 2,044,400 shares, or 6.8% of the class.

All reported shares are held with shared voting and dispositive power, with no sole voting or dispositive power. The securities are directly owned by advisory clients of Needham Investment Management, and each reporting person disclaims beneficial ownership beyond its pecuniary interest.

Key Figures

Shares beneficially owned: 2,639,416 shares Ownership percentage: 8.8% Fund shares owned: 2,044,400 shares +3 more

6 metrics

Shares beneficially owned 2,639,416 shares Beneficially owned by Needham Investment Management L.L.C.

Ownership percentage 8.8% Percent of Elmet Group Co. common stock for several Needham reporting persons

Fund shares owned 2,044,400 shares Beneficially owned by Needham Aggressive Growth Fund

Fund ownership percentage 6.8% Percent of Elmet Group Co. common stock held by Needham Aggressive Growth Fund

Sole voting power 0 shares No sole voting power reported by any Needham reporting person

Shared voting power 2,639,416 shares Shared voting power reported by Needham Investment Management, Needham Asset Management, and George A. Needham

Key Terms

beneficial ownership, shared voting power, shared dispositive power, pecuniary interest, +1 more

5 terms

beneficial ownership financial

"Item 4. | Ownership (a) | Amount beneficially owned"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

shared voting power financial

"6 | Shared Voting Power 2,639,416.00"

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 power financial

"8 | Shared Dispositive Power 2,639,416.00"

pecuniary interest financial

"disclaims beneficial ownership ... except to the extent of his, her or its pecuniary interest"

Investment Company Act of 1940 regulatory

"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.

FAQ

What ownership stake in ELMT does Needham Investment Management report?

Needham Investment Management L.L.C. reports beneficial ownership of 2,639,416 Elmet Group Co. shares, representing 8.8% of the common stock, all held with shared voting and dispositive power through its advisory clients.

How many ELMT shares does Needham Aggressive Growth Fund own?

Needham Aggressive Growth Fund reports beneficial ownership of 2,044,400 Elmet Group Co. common shares, representing 6.8% of the outstanding class, with shared voting and dispositive power and no sole authority over the shares.

What is George A. Needham’s reported interest in ELMT?

George A. Needham reports beneficial ownership of 2,639,416 Elmet Group Co. shares, or 8.8% of the class, all with shared voting and dispositive power. He disclaims beneficial ownership except to the extent of his pecuniary interest.

Do the Needham entities have sole voting power over ELMT shares?

No. The Needham entities and George A. Needham report 0 shares with sole voting or dispositive power. All reported Elmet Group Co. shares are held with shared voting and shared dispositive power among the reporting persons and their clients.

Who directly owns the ELMT shares reported by the Needham filers?

All reported Elmet Group Co. securities are directly owned by advisory clients of Needham Investment Management L.L.C. Except for Needham Aggressive Growth Fund, no advisory client is stated to beneficially own more than 5% of the common stock.

What percentage of ELMT does Needham Asset Management report?

Needham Asset Management, LLC reports beneficial ownership of 2,639,416 Elmet Group Co. shares, equal to 8.8% of the common stock, all with shared voting and shared dispositive power and no sole authority over the shares.

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Available on EDGAR 08/13/2026 - 05:36 PM Accepted by SEC EDGAR 08/13/2026 - 05:35 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Elmet Group Co.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

289395105

(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): 289395105

1

Names of Reporting Persons

Needham Investment Management L.L.C.

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 2,639,416.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,639,416.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,639,416.00

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)

8.8 %

12

Type of Reporting Person (See Instructions)

IA, OO

SCHEDULE 13G

CUSIP Number(s): 289395105

1

Names of Reporting Persons

Needham 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 2,639,416.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,639,416.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,639,416.00

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)

8.8 %

12

Type of Reporting Person (See Instructions)

HC, OO

SCHEDULE 13G

CUSIP Number(s): 289395105

1

Names of Reporting Persons

Needham Aggressive Growth Fund

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 2,044,400.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,044,400.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,044,400.00

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)

6.8 %

12

Type of Reporting Person (See Instructions)

IV, OO

SCHEDULE 13G

CUSIP Number(s): 289395105

1

Names of Reporting Persons

George A. Needham

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 2,639,416.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,639,416.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,639,416.00

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)

8.8 %

12

Type of Reporting Person (See Instructions)

IV, OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Elmet Group Co.
(b)	Address of issuer's principal executive offices: 2 PORTLAND FISH PIER, SUITE 214, PORTLAND, ME 04101
Item 2.
(a)	Name of person filing: Needham Investment Management L.L.C. Needham Asset Management, LLC Needham Aggressive Growth Fund George A. Needham
(b)	Address or principal business office or, if none, residence: Needham Investment Management L.L.C. 250 Park Avenue, 10th Floor New York, New York 10117-1099 United States of America Needham Asset Management, LLC c/o Needham Investment Management L.L.C. 250 Park Avenue, 10th Floor New York, New York 10117-1099 United States of America Needham Aggressive Growth Fund c/o Needham Investment Management L.L.C. 250 Park Avenue, 10th Floor New York, New York 10117-1099 United States of America George A. Needham c/o Needham Investment Management L.L.C. 250 Park Avenue, 10th Floor New York, New York 10117-1099 United States of America
(c)	Citizenship: Needham Investment Management L.L.C. - Delaware Needham Asset Management, LLC - Delaware Needham Aggressive Growth Fund - Delaware George A. Needham - United States
(d)	Title of class of securities: Common Stock, par value $0.001 per share
(e)	CUSIP No.: 289395105
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: Needham Investment Management L.L.C. - 2,639,416 Needham Asset Management, LLC - 2,639,416 Needham Aggressive Growth Fund - 2,044,400 George A. Needham - 2,639,416
(b)	Percent of class: Needham Investment Management L.L.C. - 8.8% Needham Asset Management, LLC - 8.8% Needham Aggressive Growth Fund - 6.8% George A. Needham - 8.8%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Needham Investment Management L.L.C. - 0 Needham Asset Management, LLC - 0 Needham Aggressive Growth Fund - 0 George A. Needham - 0
	(ii) Shared power to vote or to direct the vote: Needham Investment Management L.L.C. - 2,639,416 Needham Asset Management, LLC - 2,639,416 Needham Aggressive Growth Fund - 2,044,400 George A. Needham - 2,639,416
	(iii) Sole power to dispose or to direct the disposition of: Needham Investment Management L.L.C. - 0 Needham Asset Management, LLC - 0 Needham Aggressive Growth Fund - 0 George A. Needham - 0
	(iv) Shared power to dispose or to direct the disposition of: Needham Investment Management L.L.C. - 2,639,416 Needham Asset Management, LLC - 2,639,416 Needham Aggressive Growth Fund - 2,044,400 George A. Needham - 2,639,416
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 are directly owned by advisory clients of Needham Investment Management L.L.C. None of those advisory clients, other than Needham Aggressive Growth Fund, may be deemed to beneficially own more than 5% of the Common Stock, par value $0.001 per share.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Please see Exhibit B attached hereto.
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.

Needham Investment Management L.L.C.

Signature:	/s/ James W. Giangrasso
Name/Title:	James W. Giangrasso, Chief Financial Officer
Date:	08/13/2026

Needham Asset Management, LLC

Signature:	/s/ James W. Giangrasso
Name/Title:	James W. Giangrasso, Authorized Person
Date:	08/13/2026

Needham Aggressive Growth Fund

Signature:	/s/ James W. Giangrasso
Name/Title:	James W. Giangrasso, Chief Financial Officer
Date:	08/13/2026

George A. Needham

Signature:	/s/ George A. Needham
Name/Title:	George A. Needham
Date:	08/13/2026

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. To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.

Exhibit Information

Exhibit A - Joint Filing Agreement Exhibit B - Control Person Identification