SCHEDULE: Lynrock Lake LP Discloses 20.5% Stake in Allot Ltd.

Lynrock Lake LP, Lynrock Lake Partners LLC, and Cynthia Paul have filed a Schedule 13G, reporting beneficial ownership of 20.5% of Allot Ltd.'s ordinary shares, indicating a shift from a control-influencing intent to ordinary course of business holdings.

Summary

• Lynrock Lake LP, Lynrock Lake Partners LLC, and Cynthia Paul (collectively, the "Reporting Persons") have filed a Schedule 13G, indicating they no longer hold Allot Ltd. securities with the purpose or effect of changing or influencing control of the issuer.
• The Reporting Persons now hold these securities in the ordinary course of business.
• As of June 15, 2026, the Reporting Persons collectively beneficially own 10,011,295 ordinary shares of Allot Ltd., representing 20.5% of the class.
• This filing follows a previous Schedule 13D filed on March 30, 2022, when their investment intent changed.
• The shares are held by Lynrock Lake Master Fund LP, with Lynrock Lake LP acting as the investment manager, and Cynthia Paul as Chief Investment Officer and Sole Member of the general partner.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. While the shift from a 13D to a 13G is generally positive, it primarily signifies a change in reporting status rather than new financial performance or strategic developments.

Positives

• The Reporting Persons have transitioned their investment stance, now holding shares in the ordinary course of business, which may signal reduced activist pressure.
• The filing confirms a significant ownership stake of 20.5%, demonstrating continued conviction in Allot Ltd. by a substantial investor.
• The clear reporting on beneficial ownership and voting/dispositive power provides transparency to the market.

Negatives

• The previous filing of a Schedule 13D indicates a period where the Reporting Persons' intentions were focused on influencing control, which could be perceived as a past period of potential instability or activism.
• While no longer seeking to influence control, the substantial 20.5% stake still represents a significant concentration of ownership.

Risks

• The shift from a Schedule 13D to a Schedule 13G implies a change in strategy that could be interpreted in various ways by the market, potentially leading to short-term volatility.
• While not explicitly stated as a risk in this filing, any significant shareholder's change in strategy can introduce uncertainty regarding future corporate actions or governance.

Future Outlook

The filing does not contain forward-looking statements or guidance. It primarily reports on current beneficial ownership and the nature of that ownership.

Management Comments

• "As of the date hereof, the Reporting Persons no longer hold securities of the Issuer with a purpose or effect of changing or influencing control of the Issuer, or in connection with or as a participant in any transaction having that purpose or effect."
• "Accordingly, the Reporting Persons are filing this statement on Schedule 13G pursuant to Rule 13d-1(b) of the Exchange Act in accordance with Rule 13d-1(h) of the Exchange Act."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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

StockSavvy.ai notes that a shift from a Schedule 13D to a Schedule 13G filing by a significant shareholder like Lynrock Lake LP often signals a de-escalation of activist intent. This can be a positive signal for management and other shareholders, suggesting a move towards a more passive investment approach, though the underlying reasons for the change warrant monitoring.

Stakeholder Impact

• Shareholders: May see reduced uncertainty related to activist pressure, potentially leading to a more stable stock price. The significant stake held by Lynrock Lake LP still means their investment decisions could influence market perception.
• Management: May experience relief from potential activist demands, allowing focus on operational execution. However, they will still need to consider the interests of a large passive shareholder.
• Creditors/Suppliers: No direct impact indicated by this filing, as it pertains to ownership structure rather than operational or financial distress.

Next Steps

• The Reporting Persons will continue to hold their shares in Allot Ltd. in the ordinary course of business.
• Future filings will be made as required by SEC regulations based on changes in beneficial ownership or intent.

Key Dates

Keywords

Allot Ltd., Schedule 13G, Lynrock Lake LP, Cynthia Paul, Beneficial Ownership, Ordinary Shares, SEC Filing, Investment Management, Securities Exchange Act