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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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SCHEDULE 13D/A 0000921895-24-003013 0001734770 XXXXXXXX LIVE 4 Common Stock 10/20/2025 false 0000102109 913821302 UNIVERSAL SAFETY PRODUCTS, INC. 11407 CRONHILL DRIVE, SUITES A-D OWINGS MILLS MD 21117-3586 Kenneth Schlesinger, Esq. 212-451-2300 Olshan Frome Wolosky LLP 1325 Avenue of the Americas New York NY 10019 Kenneth Mantel, Esq. 212-451-2300 Olshan Frome Wolosky LLP 1325 Avenue of the Americas New York NY 10019 0001734770 N Ault & Company, Inc. AF N DE 0.00 75407.00 0.00 75407.00 75407.00 N 3.3 CO 0002062284 N Alpha Structured Finance LP WC N DE 0.00 5000.00 0.00 5000.00 5000.00 N 0.2 PN Y Alpha Structured Finance GP LLC AF N DE 0.00 5000.00 0.00 5000.00 5000.00 N 0.2 OO Y ACG Alpha Management LLC AF N DE 0.00 5000.00 0.00 5000.00 5000.00 N 0.2 OO Y Ault Lending, LLC WC N CA 0.00 65407.00 0.00 65407.00 65407.00 N 2.8 OO Y Ault Capital Group, Inc. AF N NV 0.00 70407.00 0.00 70407.00 70407.00 N 3.0 CO 0000896493 N Hyperscale Data, Inc. AF N DE 0.00 70407.00 0.00 70407.00 70407.00 N 3.0 CO 0001212502 N AULT MILTON C III AF N X1 50000.00 75407.00 50000.00 75407.00 125407.00 N 5.4 IN 0001775938 N NISSER HENRY CARL AF N V7 25000.00 0.00 25000.00 0.00 25000.00 N 1.1 IN Common Stock UNIVERSAL SAFETY PRODUCTS, INC. 11407 CRONHILL DRIVE, SUITES A-D OWINGS MILLS MD 21117-3586 This Amendment No. 4 ("Amendment No. 4") amends the statement on Schedule 13D originally filed by the Reporting Persons on December 23, 2024, as amended (the "Schedule 13D"), and relates to the Common Stock of Universal Safety Products, Inc. Except as specifically provided herein, this Amendment No. 4 does not modify any of the information previously reported in the Schedule 13D. Unless otherwise indicated, each capitalized term used but not defined in this Amendment No. 4 shall have the meaning assigned to such term in the Schedule 13D. Item 3 is hereby amended and restated to read as follows: The aggregate purchase price of the 5,000 Shares beneficially owned by A&C that were purchased directly by A&C with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases is $13,723.80, including brokerage commissions. The aggregate purchase price of the 5,000 Shares beneficially owned by Alpha Fund that were purchased directly by Alpha Fund with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases is $11,968.50, including brokerage commissions. The aggregate purchase price of the 65,407 Shares beneficially owned by Ault Lending that were purchased directly by Ault Lending with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases is $281,526.78, including brokerage commissions. Mr. Ault has been awarded stock options to purchase 50,000 Shares in his capacity as a director of the Issuer, which have a strike price of $3.40 per share, expire on August 26, 2035, and all of which vested on October 20, 2025. Mr. Nisser has been awarded stock options to purchase 25,000 Shares in his capacity as a director of the Issuer, which have a strike price of $3.40 per share, expire on August 26, 2035, and all of which vested on October 20, 2025. Item 5(a) is hereby amended and restated as follows: The aggregate percentage of Shares reported beneficially owned by the Reporting Person is based upon 2,312,887 Shares outstanding as of September 17, 2025, which is the total number of Shares outstanding as reported in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on October 20, 2025. As of the date hereof, A&C beneficially owned 75,407 Shares, including 5,000 Shares beneficially owned directly and 5,000 Shares beneficially owned by Alpha Fund and 65,407 Shares beneficially owned by Ault Lending that, as the majority holder of the equity interests of Hyperscale, A&C may be deemed to beneficially own. Percentage: Approximately 3.3% As of the date hereof, Alpha Fund beneficially owned 5,000 Shares. Percentage: Less than 1% As of the date hereof, Alpha GP, as the general partner of Alpha Fund, may be deemed to beneficially own the 5,000 Shares beneficially owned by Alpha Fund. Percentage: Less than 1% As of the date hereof, Alpha Management, as the investment manager of Alpha Fund, may be deemed to beneficially own the 5,000 Shares beneficially owned by Alpha Fund. Percentage: Less than 1% As of the date hereof, Ault Lending beneficially owned 65,407 Shares. Percentage: 2.8% As of the date hereof, Ault Capital, as the majority holder of the equity interests of Alpha Management and Ault Lending, may be deemed to beneficially own the 70,407 Shares beneficially owned in the aggregate by Alpha Fund and Ault Lending. Percentage: 3.0% As of the date hereof, Hyperscale, as the majority holder of the equity interests of Ault Capital, may be deemed to beneficially own the 70,407 Shares beneficially owned in the aggregate by Alpha Fund and Ault Lending. Percentage: 3.0% As of the date hereof, Mr. Ault beneficially owned 125,407 Shares, including 50,000 Shares underlying certain options that are currently exercisable or become exercisable within 60 days and the 75,407 Shares beneficially owned in the aggregate by A&C, Alpha Fund and Ault Lending that, as the Chief Executive Officer and Chairman of A&C, CEO and Chief Investment Officer of Alpha Management, Executive Chairman of Ault Capital, and the Executive Chairman of Hyperscale, Mr. Ault may be deemed to beneficially own. Percentage: Approximately 5.4% As of the date hereof, Mr. Nisser beneficially owned 25,000 Shares underlying certain options that are currently exercisable or become exercisable within 60 days. Percentage: 1.1% Item 5(b) is hereby amended and restated as follows: A&C: 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 75,407 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 75,407 Alpha Fund: 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 5,000 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 5,000 Alpha GP: 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 5,000 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 5,000 Alpha Management: 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 5,000 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 5,000 Ault Lending: 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 75,407 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 75,407 Ault Capital: 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 70,407 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 70,407 Hyperscale: 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 70,407 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 70,407 Mr. Ault: 1. Sole power to vote or direct vote: 50,000 2. Shared power to vote or direct vote: 75,407 3. Sole power to dispose or direct the disposition: 50,000 4. Shared power to dispose or direct the disposition: 75,407 Mr. Nisser: 1. Sole power to vote or direct vote: 25,000 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 25,000 4. Shared power to dispose or direct the disposition: 0 Item 5(c) is hereby amended and restated as follows: None of the Reporting Persons have engaged in any transactions in the Shares in the last 60 days except as set forth in Exhibit 1 hereto. Mr. Ault has been awarded stock options to purchase 50,000 Shares in his capacity as a director of the Issuer, which have a strike price of $3.40 per share, expire on August 26, 2035, and all of which vested on October 20, 2025. Mr. Nisser has been awarded stock options to purchase 25,000 Shares in his capacity as a director of the Issuer, which have a strike price of $3.40 per share, expire on August 26, 2035, and all of which vested on October 20, 2025. Exhibit 1 - Transactions in Securities of the Issuer in the Last Sixty Days Ault & Company, Inc. /s/ Milton C. Ault, III Milton C. Ault, III, Chief Executive Officer 10/23/2025 Alpha Structured Finance LP /s/ Milton C. Ault, III Milton C. Ault, III, CEO and Chief Investment Officer of its Investment Manager 10/23/2025 Alpha Structured Finance GP LLC /s/ Milton C. Ault, III Milton C. Ault, III, CEO and Chief Investment Officer of its Managing Member 10/23/2025 ACG Alpha Management LLC /s/ Milton C. Ault, III Milton C. Ault, III, CEO and Chief Investment Officer 10/23/2025 Ault Lending, LLC /s/ David Katzoff David Katzoff, Manager 10/23/2025 Ault Capital Group, Inc. /s/ Milton C. Ault, III Milton C. Ault, III, Executive Chairman 10/23/2025 Hyperscale Data, Inc. /s/ Milton C. Ault, III Milton C. Ault, III, Executive Chairman 10/23/2025 AULT MILTON C III /s/ Milton C. Ault, III Milton C. Ault, III 10/23/2025 NISSER HENRY CARL /s/ Henry C. Nisser Henry C. Nisser 10/23/2025