13G Filing: Moab Capital Partners and Netsol Technologies Inc (NASDAQ:NTWK)

 

Item 1(a).

Name of Issuer:

NetSol Technologies, Inc. (the “Issuer”)

Item 1(b).

Address of Issuer’s Principal Executive Offices:

24025 Park Sorrento,
Suite 410 Calabasas, California 91302

Item 2(a).

Name of Person Filing:

This Schedule 13G is being jointly
filed by Moab Partners, L.P. (“Moab LP”), Moab Capital Partners, LLC (“Moab LLC”), Moab Private Investments,
LLC (“MPI”), and Michael M. Rothenberg. Each of the foregoing is referred to as a “Reporting Person”
and collectively as the “Reporting Persons.”

Moab LLC is the investment adviser
to Moab LP and a separately managed account (the “Moab Managed Account”). Mr. Rothenberg is an owner and a Managing
Member of Moab LLC. By virtue of these relationships, each of Moab LLC and Mr. Rothenberg may be deemed to beneficially own
the Shares (as defined below) owned directly by Moab LP and held in the Moab Managed Account.

MPI is the investment adviser to
another separately managed account (the “MPI Managed Account” and together with the Moab Managed Account, the “Managed
Accounts”). Mr. Rothenberg is the sole owner and Managing Member of MPI. By virtue of these relationships, each of MPI and
Mr. Rothenberg may be deemed to beneficially own the Shares (as defined below) held in the MPI Managed Account.

Item 2(b).

Address of Principal Business Office or, if none, Residence:

The principal business office of
each of the Reporting Persons is 15 East 62^nd Street, New York, New York 10065.

Item 2(c).

Citizenship:

Each of Moab LP, Moab LLC, and MPI
is organized under the laws of the State of Delaware. Mr. Rothenberg is a citizen of the United States of America.

Item 2(d).

Title of Class of Securities:

Common Stock, $.01 par value (the
“Shares”)

Item 2(e).

CUSIP Number:

64115A402