SCHEDULE 13G/A: Antara Capital LP Amends Innoviz Technologies Stake to 2.05%

Antara Capital LP, along with its general partner Antara Capital GP LLC and Himanshu Gulati, has filed an amendment to their Schedule 13G, disclosing a beneficial ownership of 2.05% in Innoviz Technologies Ltd. as of March 31, 2025.

Summary

• Antara Capital LP, Antara Capital GP LLC, and Himanshu Gulati (collectively, the "Reporting Persons") have filed an Amendment No. 7 to their Schedule 13G regarding their beneficial ownership in Innoviz Technologies Ltd.
• As of March 31, 2025, the Reporting Persons collectively beneficially own 4,062,700 Ordinary Shares of Innoviz Technologies Ltd.
• This aggregate amount represents approximately 2.05% of the Issuer's Ordinary Shares outstanding.
• The ownership is based on 198,174,008 Ordinary Shares outstanding as of February 11, 2025, as reported following a Rule 424(b)(5) offering.
• The beneficial ownership includes 1,730,400 Ordinary Shares directly held by managed accounts for which Antara Capital serves as investment manager, and options to acquire an additional 2,332,300 Ordinary Shares.
• The Reporting Persons have shared voting power and shared dispositive power over all 4,062,700 shares.
• Antara Capital is a Delaware limited partnership, Antara GP is a Delaware limited liability company, and Mr. Gulati is a U.S. citizen.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain subjective language or performance metrics that would indicate a positive or negative sentiment. It is a routine regulatory filing.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of beneficial ownership by an institutional investor, Antara Capital LP, in Innoviz Technologies Ltd., a company operating in the technology sector, likely focused on LiDAR or related automotive technologies given its name. Such filings provide transparency on significant investor holdings but do not typically offer insights into broader industry trends or competitive landscapes.

Stakeholder Impact

• Shareholders: Provides transparency regarding the ownership stake of a significant institutional investor, Antara Capital LP, which may influence market perception or trading activity.

Key Dates

Keywords

Innoviz Technologies Ltd., Antara Capital LP, Schedule 13G, Beneficial Ownership, Ordinary Shares, SEC Filing, Institutional Investor, Ownership Disclosure, M5R635108