SCHEDULE: Odysight.ai Stakeholder Holdings Update

Multiple investment entities and individuals have updated their beneficial ownership filings for Odysight.ai, Inc., collectively holding a significant stake.

Summary

• This filing is an amendment to a Schedule 13G, indicating a change in beneficial ownership of Odysight.ai, Inc. common stock.
• Several reporting persons, including Y.D More Investments Ltd., More Investment House Portfolio Management Ltd., More Provident Funds and Pension Ltd., B.Y.M. Mor Investments Ltd., Eli Levy, Yosef Levy, Benjamin Meirov, Yosef Meirov, Michael Meirov, and Dotan Meirov, are involved.
• The total beneficial ownership reported by these entities and individuals aggregates to a significant portion of the company's outstanding shares.
• More Provident Funds and Pension Ltd. beneficially owns 460,661 shares, representing 2.82% of the class.
• More Investment House Portfolio Management Ltd. beneficially owns 512,882 shares, representing 3.13% of the class.
• Y.D More Investments Ltd. and B.Y.M. Mor Investments Ltd. each beneficially own 973,543 shares, representing 5.95% of the class.
• Individuals Eli Levy, Yosef Levy, Benjamin Meirov, Yosef Meirov, Michael Meirov, and Dotan Meirov are also listed as beneficially owning 973,543 shares each, representing 5.95% of the class.
• The filing indicates that these securities were not acquired or are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily an administrative update on ownership stakes without providing operational or financial performance details.

Positives

• Significant investment from multiple entities and individuals suggests confidence in Odysight.ai, Inc.
• The collective stake of 5.95% held by Y.D More Investments Ltd. and B.Y.M. Mor Investments Ltd. indicates substantial backing.
• The filing confirms that the shares are not held with the intent to influence or change control, suggesting a passive investment approach by these holders.

Negatives

• More Mutual Funds Management (2013) Ltd. holds 0 shares, indicating no current beneficial ownership from this specific entity.
• The filing does not provide any financial performance data or operational updates for Odysight.ai, Inc.

Risks

• Concentration of ownership among a few entities and individuals could potentially lead to future influence on corporate decisions.
• The filing does not detail the specific reasons for the aggregate shareholdings or any potential future intentions of these investors.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding Odysight.ai, Inc.'s future performance.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and significant individual holders to report their stakes in publicly traded companies. This filing indicates substantial investment in Odysight.ai, Inc. by Israeli-based investment firms and individuals.

Stakeholder Impact

• Shareholders: The filing provides transparency on significant ownership stakes, which can influence market perception and potential future corporate actions.
• Management: The substantial holdings by these entities may imply a degree of influence or interest in the company's strategic direction.
• Investors: Potential investors can use this information to understand the concentration of ownership and the key stakeholders in Odysight.ai, Inc.

Next Steps

• Monitor future filings for any changes in beneficial ownership.
• Observe Odysight.ai, Inc.'s operational and financial performance to assess the impact of these significant holdings.

Key Dates

Keywords

Odysight.ai, Schedule 13G, Beneficial Ownership, SEC Filing, Investment Holdings, Y.D More Investments Ltd., More Provident Funds and Pension Ltd., More Investment House Portfolio Management Ltd., B.Y.M. Mor Investments Ltd., Eli Levy, Yosef Levy, Benjamin Meirov, Yosef Meirov, Michael Meirov, Dotan Meirov, Common Stock