SCHEDULE: Investment Firms Disclose 7.3% Stake in DEFSEC Technologies
Beneficial Ownership Report
CVI Investments, Inc. and Heights Capital Management, Inc. have jointly disclosed a beneficial ownership of 7.3% in DEFSEC Technologies Inc., totaling 97,265 common shares.
Summary
- CVI Investments, Inc. and Heights Capital Management, Inc. have filed a Schedule 13G, reporting beneficial ownership of DEFSEC Technologies Inc.'s common shares.
- The reporting entities collectively beneficially own 97,265 common shares of DEFSEC Technologies Inc.
- This ownership stake represents 7.3% of the company's total outstanding common shares.
- Heights Capital Management, Inc. serves as the investment manager for CVI Investments, Inc., and as such, may exercise shared voting and dispositive power over the reported shares.
- DEFSEC Technologies Inc. had 1,340,791 common shares outstanding (excluding shares underlying pre-funded warrants and other warrants) as of the completion of an offering referenced in a prospectus filed on July 25, 2025.
Sentiment
Score: 5
Explanation: This is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or prospects.
Stakeholder Impact
- Shareholders: Disclosure of a significant ownership stake by institutional investors provides transparency regarding the company's ownership structure.
Key Dates
| Date | Description |
|---|---|
| July 16, 2015 | Date of the Limited Power of Attorney granted by CVI Investments, Inc. to Heights Capital Management, Inc. |
| July 23, 2025 | Date of the event which requires the filing of this statement. |
| July 25, 2025 | Date of filing of DEFSEC Technologies Inc.'s Prospectus (Registration No. 333-288827), indicating 1,340,791 shares outstanding. |
| July 30, 2025 | Date of signing the Schedule 13G and the Joint Filing Agreement by the reporting persons. |
Keywords
DEFSEC Technologies, CVI Investments, Heights Capital Management, Schedule 13G, Beneficial Ownership, Common Shares, Investment Management, SEC Filing
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