SCHEDULE 13G/A: Thomas Corley Discloses 3.8% Passive Stake in Femto Technologies Inc.
Beneficial Ownership Report
Thomas Corley has filed an amended Schedule 13G, disclosing a 3.8% beneficial ownership stake in Femto Technologies Inc., held for passive investment purposes.
Summary
- Thomas Corley has filed an Amendment No. 1 to Schedule 13G regarding his beneficial ownership in Femto Technologies Inc.
- As of May 15, 2025, Mr. Corley beneficially owns 33,000 Common Shares of Femto Technologies Inc.
- This ownership represents 3.8% of the company's outstanding Common Shares.
- The percentage is calculated based on approximately 860,500 shares outstanding as of May 14, 2025, derived from a company press release regarding a stock repurchase program.
- Mr. Corley holds sole voting power and sole dispositive power over all 33,000 shares.
- The filing certifies that the securities were not acquired or held for the purpose of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.
Sentiment
Score: 5
Explanation: The document is a factual regulatory filing disclosing beneficial ownership. It does not contain information that inherently indicates positive or negative sentiment regarding the company's performance or outlook. The sentiment is neutral as it's a standard disclosure.
Risks
- The filing explicitly states that the shares were not acquired or held for the purpose of changing or influencing the control of the issuer, mitigating immediate control-related risks from this specific filing. However, the possibility of activities solely in connection with a nomination under Rule 240.14a-11 is mentioned, which could imply future engagement in director elections.
Future Outlook
NA
Industry Context
This filing is a standard regulatory disclosure of beneficial ownership and does not provide information on broader industry trends or competitive landscape. It solely pertains to an individual's stake in Femto Technologies Inc.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant individual ownership stake (3.8%) in the company, which could be of interest to other investors.
Key Dates
| Date | Description |
|---|---|
| 2025-05-14 | Date as of which approximately 860,500 shares were outstanding, according to Femto Technologies Inc.'s press release. |
| 2025-05-15 | Date of event which requires filing of this statement (Schedule 13G Amendment No. 1). |
| 2025-05-15 | Publication date of Femto Technologies Inc.'s press release titled 'Femto Technologies Inc. Announces Stock Repurchase Program'. |
Keywords
SEC filing, Schedule 13G, beneficial ownership, Femto Technologies Inc., Thomas Corley, Common Shares, passive investment, stock ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.