SCHEDULE 13G/A: L1 Capital Fund Amends CEMTREX Stake to 0.9%

L1 Capital Global Opportunities Master Fund, Ltd. filed an amendment to its Schedule 13G, disclosing beneficial ownership of 0.9% of CEMTREX INC's common stock.

Summary

• L1 Capital Global Opportunities Master Fund, Ltd. (the "Reporting Person") filed an Amendment No. 1 to its Schedule 13G regarding CEMTREX INC.
• The Reporting Person beneficially owns 6,704 warrants to purchase shares of CEMTREX INC common stock.
• This beneficial ownership represents 0.9% of the class of common stock outstanding.
• The percentage is calculated based on 738,987 shares of Common Stock outstanding after CEMTREX INC's reverse stock split, which became effective on September 29, 2025.
• The previous Schedule 13G, filed on May 10, 2024, covered 1,280,886 shares of Common Stock as of May 1, 2024.
• David Feldman and Joel Arber, as Directors of the Reporting Person, may be deemed to beneficially own these securities but disclaim beneficial ownership for all other purposes.

Sentiment

Score: 5

Explanation: The filing is a routine Schedule 13G amendment disclosing a passive ownership stake. It does not contain operational or financial performance data for the issuer, making a strong positive or negative sentiment inappropriate. The significant reduction in reported beneficial ownership from the previous filing (from shares to warrants and a lower percentage) could be interpreted differently depending on context, but the filing itself is purely informational.

Negatives

• The reporting person's beneficial ownership has significantly decreased from 1,280,886 shares reported in the previous filing (May 10, 2024) to 6,704 warrants to purchase shares in this amendment.
• The percentage of class beneficially owned has decreased to 0.9%, indicating a substantial reduction in the fund's stake in CEMTREX INC.

Future Outlook

No forward-looking statements or guidance from CEMTREX INC are provided in this filing.

Management Comments

• "David Feldman and Joel Arber are the Directors of L1 Capital Global Opportunities Master Fund, Ltd. As such, L1 Capital Global Opportunities Master Fund, Ltd., Mr. Feldman, and Mr. Arber may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the issuer's securities described herein."
• "To the extent Mr. Feldman and Mr. Arber are deemed to beneficially own such securities, Mr. Feldman and Mr. Arber disclaim beneficial ownership of these securities for all other purposes."
• "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."

Industry Context

A Schedule 13G is a routine disclosure for passive investors. The change in ownership percentage, especially after a reverse stock split, is a common occurrence that requires updated filings. The significant reduction in reported beneficial ownership from a previous filing (from shares to warrants, and a lower percentage) could indicate a change in investment strategy or a partial divestment by the fund, which might be noteworthy depending on the fund's reputation and the issuer's liquidity.

Stakeholder Impact

• Shareholders: The significant reduction in L1 Capital Global Opportunities Master Fund's reported beneficial ownership, from over 1.2 million shares to 6,704 warrants, and a corresponding drop to 0.9% of the class, could be perceived negatively by existing shareholders. This might signal a reduced conviction or a partial divestment by a notable institutional investor, potentially impacting investor sentiment and share price.

Key Dates

Recommendation

This Schedule 13G amendment indicates a significant reduction in L1 Capital Global Opportunities Master Fund's reported beneficial ownership in CEMTREX INC, from 1,280,886 shares previously to 6,704 warrants, now representing 0.9% of the outstanding common stock post-reverse split. While the filing itself is a passive disclosure, such a substantial change in an institutional investor's position could be interpreted by the market as a decrease in confidence or a strategic divestment. However, without additional financial or operational context from CEMTREX INC, a definitive 'buy' or 'sell' recommendation is not warranted. Investors should 'hold' and await further company disclosures to understand the implications of this change in institutional ownership.

Keywords

CEMTREX INC, L1 Capital Global Opportunities Master Fund, Schedule 13G, beneficial ownership, common stock, warrants, reverse stock split, institutional ownership