SCHEDULE: L1 Capital Fund Discloses 7.8% Stake in Actelis Networks

L1 Capital Global Opportunities Master Fund, Ltd. has reported a passive 7.8% ownership stake in Actelis Networks Inc., holding 500,000 shares of common stock.

Summary

• L1 Capital Global Opportunities Master Fund, Ltd., a Cayman Islands entity, has filed a Schedule 13G, indicating a significant ownership position in Actelis Networks Inc.
• The fund beneficially owns 500,000 shares of Actelis Networks Inc. common stock, par value $0.0001 per share.
• This ownership represents 7.8% of the company's outstanding common stock.
• The percentage calculation is based on 6,395,892 shares of common stock outstanding after an offering, as detailed in Actelis Networks Inc.'s Prospectus and a Current Report on Form 8-K filed with the SEC on December 19, 2025.
• L1 Capital Global Opportunities Master Fund, Ltd. also holds 500,000 warrants to purchase common stock, which are subject to a 4.99% beneficial ownership limitation and are not included in the 7.8% calculation.
• The reporting person certified that the securities were not acquired and are not held for the purpose of changing or influencing the control of Actelis Networks Inc.

Sentiment

Score: 6

Explanation: A passive institutional investment of this size is generally a positive signal, indicating confidence from a sophisticated investor, but it doesn't provide operational or financial performance details.

Positives

• Institutional investor L1 Capital Global Opportunities Master Fund, Ltd. has taken a significant passive stake (7.8%) in Actelis Networks Inc., which can be interpreted as a vote of confidence in the company's value.

Future Outlook

This filing, a Schedule 13G, is an ownership disclosure and does not contain forward-looking statements or guidance regarding Actelis Networks Inc.'s operational or financial future.

Management Comments

• "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."

Industry Context

A Schedule 13G filing indicates a passive investment by an institutional fund, suggesting a belief in the long-term value of Actelis Networks Inc. within its industry. Such filings are common for funds taking significant, non-controlling stakes in publicly traded companies.

Comparison to Industry Standards

• This filing is a standard disclosure for an institutional investor acquiring a passive stake exceeding 5% in a public company, aligning with regulatory requirements for transparency in significant ownership positions.
• It does not provide operational or financial data for direct comparison to industry peers' performance or specific projects.

Stakeholder Impact

• Shareholders may view the significant institutional investment as a positive indicator of the company's value and future prospects.

Next Steps

• No specific future actions, events, or milestones for Actelis Networks Inc. are mentioned in this ownership disclosure.
• L1 Capital Global Opportunities Master Fund, Ltd. has certified its passive investment intent.

Key Dates

Recommendation

The filing indicates a significant passive investment by L1 Capital Global Opportunities Master Fund, Ltd., which can be interpreted as a vote of confidence in Actelis Networks Inc. However, a Schedule 13G does not provide detailed financial or operational performance data to warrant a 'buy' or 'sell' recommendation. The institutional interest supports a 'hold' position for existing investors, while new investors would need to conduct further due diligence on the company's fundamentals.

Keywords

Actelis Networks Inc, L1 Capital Global Opportunities Master Fund, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investment, Passive Stake, Equity Holding