GAIA, INC — Director's Dealing 2025

Mar 6, 2025

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GAIA, INC (GAIA)
CIK: 0001089872
Period of Report: 2025-02-06

Reporting Person: AWM Investment Company, Inc. (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1962706	Indirect

Footnotes

F1: AWM Investment Company, Inc., a Delaware corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP), Special Situations Cayman Fund, L.P. (Cay) and Special Situations Private Equity Fund, L.P. (SSPE). (SSFQP, Cay and together with SSPE, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 1,316,994 shares of Common Stock of the Issuer (the Shares) held by SSFQP and 377,037 Shares held by Cay and 268,675 Shares held by SSPE. David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principles of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.