SCHEDULE 13G/A: L1 Capital Global Opportunities Master Fund Discloses 0.22% Stake in Femto Technologies Inc.
Beneficial Ownership Disclosure
L1 Capital Global Opportunities Master Fund, Ltd. has filed an amended Schedule 13G, disclosing beneficial ownership of 0.22% of Femto Technologies Inc.'s common shares as of March 31, 2025.
Summary
- L1 Capital Global Opportunities Master Fund, Ltd. filed an Amendment No. 1 to Schedule 13G regarding its ownership in Femto Technologies Inc.
- The filing indicates beneficial ownership of 6,575 common shares, which are warrants to purchase common stock.
- This represents 0.22% of Femto Technologies Inc.'s common stock, based on 2,926,526 shares outstanding as of December 31, 2024, as reported in the Issuer's Amendment No. 1 to Form 20-F filed on May 2, 2025.
- The reporting person, L1 Capital Global Opportunities Master Fund, Ltd., has sole voting power and sole dispositive power over these 6,575 shares.
- The securities were not acquired or held for the purpose of changing or influencing the control of Femto Technologies Inc.
Sentiment
Score: 5
Explanation: The document is a routine Schedule 13G/A filing disclosing a small beneficial ownership stake, which is a neutral, factual disclosure without inherent positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Management Comments
- "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 except to the extent of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 13 and the rules thereunder."
- "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 ยงยง 240.14a-11."
Industry Context
This filing is a routine disclosure of beneficial ownership by an investment fund in a specific company and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: Provides transparency regarding a minor institutional holding, but the small percentage (0.22%) and the stated purpose not being for control suggest minimal direct impact on shareholder value or corporate direction.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement. |
| 05/02/2025 | Date Femto Technologies Inc. filed Amendment No. 1 to Form 20-F, providing the basis for outstanding shares. |
| 05/15/2025 | Date the Schedule 13G was signed by David Feldman, Director of L1 Capital Global Opportunities Master Fund, Ltd. |
Keywords
Femto Technologies Inc., L1 Capital Global Opportunities Master Fund, Schedule 13G, beneficial ownership, common shares, warrants, SEC filing, investment fund, ownership disclosure
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