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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL
OMB Number:3235-0104
Expires:02/28/2011
Estimated average burden
hours per response0.5

1. Name and Address of Reporting Person *

Bleichroeder LP

2. Date of Event Requiring Statement (Month/Day/Year)

11/12/2024

3. Issuer Name and Ticker or Trading Symbol

LIQTECH INTERNATIONAL INC [LIQT]
(Last)
(First)
(Middle)


1345 AVENUE OF THE AMERICAS, 47TH FLOOR

4. Relationship of Reporting Person(s) to Issuer

(Check all applicable)

_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)

5. If Amendment, Date Original Filed (Month/Day/Year)

(Street)

NEW YORK, NY 10105
(City)
(State)
(Zip)

6. Individual or Joint/Group Filing

(Check applicable line)

__X__ 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

3,182,239
I (1)

See footnote



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 of Derivative Security: 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

Warrants to Purchase Common Stock

05/17/2022  (2)

Common Stock

2,475,008 $0.008I (1)

See footnote

Warrants to Purchase Common Stock

06/22/202206/22/2027

Common Stock

531,250 $5.2I (1)

See footnote

Warrants to Purchase Common Stock

09/30/202309/30/2028

Common Stock

531,250 $5.2I (1)

See footnote

Warrants to Purchase Common Stock

09/27/202409/27/2029

Common Stock

344,871 $2I (1)

See footnote

Warrants to Purchase Common Stock

09/27/2024  (2)

Common Stock

344,871 $0.001I (1)

See footnote

Warrants to Purchase Common Stock

11/12/202411/12/2029

Common Stock

2,605,129 $2I (1)

See footnote




Explanation of Responses:

This form is filed by Bleichroeder LP. Bleichroeder LP serves as registered investment adviser to the managed accounts and investment funds that directly hold these securities. Bleichroeder LP disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that Bleichroeder LP are the beneficial owners of the securities for purposes of Section 16 or for any other purposes.

Warrant is a pre-funded warrant and has no expiration date.



Signatures

Michael M. Kellen

11/19/2024
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.