Minerva Advisors files 13G/A on UFI with 6.3% ownership

Rhea-AI Filing Summary

Unifi, Inc. (UFI): Schedule 13G/A (Amendment No. 1) reports that Minerva Advisors LLC and David P. Cohen beneficially own 1,152,481 shares of Unifi common stock, representing 6.3% of the class, based on 18,360,663 shares outstanding as of August 21, 2025.

Minerva Group, LP holds 655,007 shares (3.6%), which are also attributed to Minerva Advisors LLC, Minerva GP, LP, Minerva GP, Inc., and David P. Cohen. The filing lists sole voting and dispositive power over 655,007 shares and shared voting and dispositive power over 497,474 shares for Minerva Advisors LLC and David P. Cohen. The filers certify the securities were not acquired for the purpose of changing or influencing control.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Unifi Inc

(Name of Issuer)

Common Stock, $0.10 par value

(Title of Class of Securities)

904677200

(CUSIP Number)

07/11/2025

(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. 904677200

1

Names of Reporting Persons

Minerva Advisors 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 655,007.00
6	Shared Voting Power 497,474.00
7	Sole Dispositive Power 655,007.00
8	Shared Dispositive Power 497,474.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,152,481.00

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)

6.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 904677200

1

Names of Reporting Persons

MINERVA GROUP 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 655,007.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 655,007.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

655,007.00

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)

3.6 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 904677200

1

Names of Reporting Persons

MINERVA GP, 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 655,007.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 655,007.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

655,007.00

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)

3.6 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 904677200

1

Names of Reporting Persons

MINERVA GP, INC.

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

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 655,007.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 655,007.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

655,007.00

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)

3.6 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP No. 904677200

1

Names of Reporting Persons

COHEN DAVID P

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 655,007.00
6	Shared Voting Power 497,474.00
7	Sole Dispositive Power 655,007.00
8	Shared Dispositive Power 497,474.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,152,481.00

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)

6.3 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Unifi Inc
(b)	Address of issuer's principal executive offices: 7201 WEST FRIENDLY RD, P O BOX 19109, GREENSBORO, NC 27419-9109
Item 2.
(a)	Name of person filing: Minerva Advisors LLC Minerva Group, LP Minerva GP, LP Minerva GP, Inc. David P. Cohen
(b)	Address or principal business office or, if none, residence: 50 Monument Road, Suite 201 Bala Cynwyd, PA 19004
(c)	Citizenship: David P. Cohen is a U.S. Citizen. Minerva Advisors LLC, Minerva Group, LP, and Minerva GP, LP are organized under Delaware law. Minerva GP, Inc. is organized under Pennsylvania law.
(d)	Title of class of securities: Common Stock, $0.10 par value
(e)	CUSIP No.: 904677200
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: Minerva Advisors LLC* - 1,152,481 Minerva Group, LP - 655,007 Minerva GP, LP* - 655,007 Minerva GP, Inc.* - 655,007 David P. Cohen* - 1,152,481 *Each of these reporting persons is deemed a beneficial owner of the 655,007 shares of the Issuer held by Minerva Group, LP. David P. Cohen is also deemed a beneficial owner of the 1,152,481 shares of the Issuer beneficially owned by Minerva Advisors LLC.
(b)	Percent of class: Minerva Advisors LLC* - 6.3% Minerva Group, LP - 3.6% Minerva GP, LP* - 3.6% Minerva GP, Inc.* - 3.6% David P. Cohen* - 6.3% *Each of these reporting persons is deemed a beneficial owner of the 3.6% of the shares of the Issuer held by Minerva Group, LP. David P. Cohen is also deemed a beneficial owner of the 6.3% of the shares of the Issuer beneficially owned by Minerva Advisors LLC. Based on a total of 18,360,663 shares of the Issuer's Common Stock outstanding as of August 21, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q for the period ended June 30, 2025.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Minerva Advisors LLC* - 655,007 Minerva Group, LP - 655,007 Minerva GP, LP* - 655,007 Minerva GP, Inc.* - 655,007 David P. Cohen* - 655,007 *Each of these reporting persons is deemed a beneficial owner of the 655,007 shares of the Issuer held by Minerva Group, LP.
	(ii) Shared power to vote or to direct the vote: Minerva Advisors LLC - 497,474 David P. Cohen** - 497,474 **David P. Cohen is deemed a beneficial owner of the 497,474 shares of the Issuer beneficially owned by Minerva Advisors LLC.
	(iii) Sole power to dispose or to direct the disposition of: Minerva Advisors LLC* - 655,007 Minerva Group, LP - 655,007 Minerva GP, LP* - 655,007 Minerva GP, Inc.* - 655,007 David P. Cohen* - 655,007 *Each of these reporting persons is deemed a beneficial owner of the 655,007 shares of the Issuer held by Minerva Group, LP.
	(iv) Shared power to dispose or to direct the disposition of: Minerva Advisors LLC - 497,474 David P. Cohen** - 497,474 **David P. Cohen is deemed a beneficial owner of the 497,474 shares of the Issuer beneficially owned by Minerva Advisors LLC.
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 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.

Minerva Advisors LLC

Signature:	David P. Cohen
Name/Title:	President
Date:	11/06/2025

MINERVA GROUP LP

Signature:	David P. Cohen
Name/Title:	Managing Partner
Date:	11/06/2025

MINERVA GP, LP

Signature:	David P. Cohen
Name/Title:	General Partner
Date:	11/06/2025

MINERVA GP, INC.

Signature:	David P. Cohen
Name/Title:	President
Date:	11/06/2025

COHEN DAVID P

Signature:	David P. Cohen
Name/Title:	Individual
Date:	11/06/2025

FAQ

What did Minerva disclose in Unifi (UFI) Schedule 13G/A?

They reported beneficial ownership of 1,152,481 shares of Unifi common stock, or 6.3% of the class.

Which entities are reporting for UFI?

The filers are Minerva Advisors LLC, Minerva Group, LP, Minerva GP, LP, Minerva GP, Inc., and David P. Cohen.

How many shares does Minerva Group, LP hold?

Minerva Group, LP holds 655,007 shares, representing 3.6% of Unifi’s common stock.

What is the basis for the percentage ownership?

Percentages are based on 18,360,663 shares outstanding as of August 21, 2025, as reported in Unifi’s Form 10-Q.

What voting and dispositive powers were reported?

The filers report sole power over 655,007 shares and shared power over 497,474 shares to vote and dispose.

Is Minerva’s stake in UFI passive?

Yes. The certification states the securities were not acquired to change or influence control of the issuer.

What is the event date and signatory date?

The event date is July 11, 2025; signatures are dated November 6, 2025 by David P. Cohen.