SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* GLOBAL VALUE INVESTMENT CORP. (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 11/29/2024	3. Issuer Name and Ticker or Trading Symbol Fluent, Inc. [ FLNT ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3,038,539	I	See footnotes.(1)(2)
Common Stock	9,385	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* GLOBAL VALUE INVESTMENT CORP. (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)

1. Name and Address of Reporting Person* GEYGAN JAMES (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)

1. Name and Address of Reporting Person* GEYGAN JEFFREY RICHART (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)

1. Name and Address of Reporting Person* Wilke Stacy (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)

1. Name and Address of Reporting Person* Geygan Kathleen (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)

1. Name and Address of Reporting Person* Rice Shawn G (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)

Explanation of Responses:

1. In addition to Global Value Investment Corp, a Delaware corporation ("GVIC"), this Form 3 is being filed jointly by Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.0005 per share ("Common Stock"), of Fluent, Inc. reported on this submission.

2. In accordance with Instruction 5(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

Remarks:

On November 29, 2024, Global Value Investment Corporation ("GVIC") entered into a securities purchase agreement with Fluent, Inc. ("Fluent") pursuant to which Fluent agreed to sell to GVIC 1,943,676 shares (the "Shares") of common stock of Fluent, par value $0.0005 per share (the "Common Stock") at a price of $2.3152 per share. The Shares of Common Stock were offered by Fluent pursuant to its shelf registration statement on Form S-3 (File No. 333-281805), which was declared effective by the Securities and Exchange Commission on September 9, 2024. GVIC's purchase of the Shares caused GVIC's beneficial ownership in Fluent to exceed 10%.

	James P. Geygan, Chief Executive Officer	12/03/2024
	** Signature of Reporting Person	Date
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