SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

NCS Multistage Holdings, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

628877201

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No.

628877201

Names of Reporting Persons

TOCQUEVILLE ASSET MANAGEMENT L.P.

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 121,602.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 121,602.00

Aggregate Amount Beneficially Owned by Each Reporting Person

121,602.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

4.8 %

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

CUSIP No.

628877201

Names of Reporting Persons

TAUBENPOST CAPITAL L.P.

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 121,602.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 121,602.00

Aggregate Amount Beneficially Owned by Each Reporting Person

121,602.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

4.8 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP No.

628877201

Names of Reporting Persons

TAUBENPOST CAPITAL LLC

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 121,602.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 121,602.00

Aggregate Amount Beneficially Owned by Each Reporting Person

121,602.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

4.8 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP No.

628877201

Names of Reporting Persons

DONALD WANG

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 121,602.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 121,602.00

Aggregate Amount Beneficially Owned by Each Reporting Person

121,602.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

4.8 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

Item 1.

(a)

Name of issuer:

NCS Multistage Holdings, Inc.

(b)

Address of issuer's principal executive offices:

19350 STATE HIGHWAY 249, SUITE 600, HOUSTON, TX, 77070

Item 2.

(a)

Name of person filing:

Tocqueville Asset Management L.P. Taubenpost Capital L.P. Taubenpost Capital LLC Donald Wang

(b)

Address or principal business office or, if none, residence:

Tocqueville Asset Management L.P. 40 WEST 57TH STREET 19TH FLOOR NEW YORK NY 10019 Taubenpost Capital L.P. 40 WEST 57TH STREET 19TH FLOOR NEW YORK NY 10019 Taubenpost Capital LLC 40 WEST 57TH STREET 19TH FLOOR NEW YORK NY, 10019 Donald Wang 40 WEST 57TH STREET, 19TH FLOOR, NEW YORK, NY, 10019

(c)

Citizenship:

Tocqueville Asset Management L.P. - Delaware Taubenpost Capital L.P. - Delaware Taubenpost Capital LLC - Delaware Donald Wang - United States

(d)

Title of class of securities:

Common Stock, par value $0.01 per share

(e)

CUSIP No.:

628877201

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f)

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:

(k)

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

Item 4.

Ownership

(a)

Amount beneficially owned:

Tocqueville Asset Management L.P. - 121,602 Taubenpost Capital L.P. - 121,602 Taubenpost Capital LLC - 121,602 Donald Wang - 121,602

(b)

Percent of class:

Tocqueville Asset Management L.P. - 4.8% Taubenpost Capital L.P. - 4.8% Taubenpost Capital LLC - 4.8% Donald Wang - 4.8%

(c)

Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

Tocqueville Asset Management L.P. - 0 Taubenpost Capital L.P. - 0 Taubenpost Capital LLC - 0 Donald Wang - 0

(ii) Shared power to vote or to direct the vote:

Tocqueville Asset Management L.P. - 121,602 Taubenpost Capital L.P. - 121,602 Taubenpost Capital LLC - 121,602 Donald Wang - 121,602

(iii) Sole power to dispose or to direct the disposition of:

Tocqueville Asset Management L.P. - 0 Taubenpost Capital L.P. - 0 Taubenpost Capital LLC - 0 Donald Wang - 0

(iv) Shared power to dispose or to direct the disposition of:

Tocqueville Asset Management L.P. - 121,602 Taubenpost Capital L.P. - 121,602 Taubenpost Capital LLC - 121,602 Donald Wang - 121,602

Item 5.

Ownership of 5 Percent or Less of a Class.

Ownership of 5 percent or less of a class

Item 6.

Ownership of more than 5 Percent on Behalf of Another Person.

If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.

All of the securities reported in this Schedule 13G Amendment No. 2 are directly owned by advisory clients of Tocqueville Asset Management L.P.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not Applicable

Item 8.

Identification and Classification of Members of the Group.

Not Applicable

Item 9.

Notice of Dissolution of Group.

Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

TOCQUEVILLE ASSET MANAGEMENT L.P.

Signature:	By: /s/ Kelsey Graham
Name/Title:	Kelsey Graham, Chief Compliance Officer
Date:	11/14/2025

TAUBENPOST CAPITAL L.P.

Signature:	By Taubenpost Capital LLC, its General Partner, By: /s/ Donald Wang
Name/Title:	Donald Wang, Managing Member
Date:	11/14/2025

TAUBENPOST CAPITAL LLC

Signature:	By: /s/ Donald Wang
Name/Title:	Donald Wang, Managing Member
Date:	11/14/2025

DONALD WANG

Signature:	By: /s/ Donald Wang
Name/Title:	Donald Wang
Date:	11/14/2025

Comments accompanying signature: * Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.

Exhibit Information

[Exhibit A - Joint Filing Agreement]

Amendment: SEC Form SCHEDULE 13G/A filed by NCS Multistage Holdings Inc.