ENVIRI Corp ownership update: Fund 1 Investments, LLC reports beneficial ownership of 1,503,900 shares of Common Stock, representing 1.82% of the class. The filing states 82,704,523 shares outstanding as of March 20, 2026, which is the basis for the percentage calculation. The filing attributes the reported shares to private investment vehicles managed by Pleasant Lake Partners LLC and notes Fund 1 Investments, LLC serves as managing member; Jonathan Lennon is a managing member. The reporting person disclaims beneficial ownership except for its pecuniary interest.
Positive
None.
Negative
None.
Insights
Minor passive holding disclosed by an investment manager.
The filing lists 1,503,900 shares (1.82%) held through affiliated private vehicles, with shared voting and dispositive power reported. The ownership is characterized as passive under Schedule 13G/A conventions.
Disclosure ties the percentage to March 20, 2026 outstanding shares. Subsequent filings may show changes; the current report documents structure and claimant disclaimers.
Key Figures
Shares beneficially owned:1,503,900 sharesPercent of class:1.82%Shares outstanding (basis):82,704,523 shares
3 metrics
Shares beneficially owned1,503,900 sharesAmount held by Fund 1 Investments, LLC
Percent of class1.82%Calculated using outstanding shares as of March 20, 2026
Shares outstanding (basis)82,704,523 sharesOutstanding Common Stock as of March 20, 2026
Key Terms
Schedule 13G/A, beneficially owned, shared dispositive power
3 terms
Schedule 13G/Aregulatory
"Amendment No. 2; filing type reporting passive ownership"
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 ownedfinancial
"Amount beneficially owned: 1,503,900"
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 powerfinancial
"Shared Dispositive Power 1,503,900.00"
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What stake does Fund 1 Investments hold in ENVIRI Corp (NVRI)?
Fund 1 Investments holds 1,503,900 shares, equal to 1.82% of the class. This percentage is calculated using 82,704,523 shares outstanding as of March 20, 2026 stated in the filing.
How is the ownership held and reported by Fund 1 Investments?
The shares are held through private investment vehicles managed by Pleasant Lake Partners LLC. Fund 1 Investments is the managing member and disclaims beneficial ownership except for its pecuniary interest.
What voting and dispositive powers does the filer report?
The filing reports 0 sole voting/dispositive power and 1,503,900 shared voting and dispositive power. The position is therefore reported as shared authority over the disclosed shares.
What outstanding share count did the filing use to compute the percentage?
The percentage uses 82,704,523 shares outstanding as of March 20, 2026, cited from the issuer's Form 8-K dated May 4, 2026, and used to calculate the 1.82% holding.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
ENVIRI Corp
(Name of Issuer)
Common Stock
(Title of Class of Securities)
415864107
(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):
415864107
1
Names of Reporting Persons
Fund 1 Investments, 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
1,503,900.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,503,900.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,503,900.00
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)
1.82 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (Limited Liability Company)
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
ENVIRI Corp
(b)
Address of issuer's principal executive offices:
Two Logan Square, 100-120 North 18th Street, 17th Floor, Philadelphia, Pennsylvania, 19103
Item 2.
(a)
Name of person filing:
Fund 1 Investments, LLC
(b)
Address or principal business office or, if none, residence:
100 Carr 115 Unit 1900
Rincon, Puerto Rico 00677
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
415864107
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:
1,503,900
(b)
Percent of class:
1.82 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
1,503,900
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
1,503,900
Shares reported herein for Fund 1 Investments, LLC are held by private investment vehicles for which Pleasant Lake Partners LLC serves as investment adviser. Fund 1 Investments, LLC serves as managing member of Pleasant Lake Partners LLC. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein.
All percentages reported herein with respect to the Reporting Person's holdings are calculated based upon a statement in the Issuer's Current Report on Form 8-K, as filed with the Securities and Exchange Commission on May 4, 2026, that there were 82,704,523 shares of Common Stock of the Issuer outstanding as of March 20, 2026.
Item 5.
Ownership of 5 Percent or Less of a Class.
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.
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.
See Item 4.
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.
