SCHEDULE: Intracoastal Capital and Affiliates Disclose 4.99% Passive Stake in Lifeward Ltd.
Beneficial Ownership Disclosure
Intracoastal Capital LLC, along with Mitchell P. Kopin and Daniel B. Asher, has disclosed a passive beneficial ownership of 4.99% in Lifeward Ltd.'s Ordinary Shares as of July 1, 2025.
Summary
- Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC (collectively, the "Reporting Persons") have filed a Schedule 13G regarding their beneficial ownership in Lifeward Ltd.
- As of July 1, 2025, the Reporting Persons collectively beneficially own 819,443 Ordinary Shares of Lifeward Ltd., representing 4.99% of the class.
- This ownership includes shares issuable upon exercise of several warrants: 58,789 from Intracoastal Warrant 1, 4,697 from Intracoastal Warrant 2, 175,500 from Intracoastal Warrant 3, 58,508 from Intracoastal Warrant 4, and 521,949 from Intracoastal Warrant 5.
- Immediately following the execution of a Securities Purchase Agreement (SPA) on June 25, 2025, the Reporting Persons were deemed to have beneficial ownership of 938,520 Ordinary Shares, approximately 7.5% of the class, which included 641,026 Ordinary Shares to be issued at closing and various warrants.
- Certain warrants (Intracoastal Warrant 5 and 6) contain "blocker provisions" that prevent exercise if it would result in beneficial ownership exceeding 4.99% of the Ordinary Shares.
- Without these blocker provisions, the beneficial ownership could have been 2,185,607 Ordinary Shares as of June 25, 2025, and 1,544,581 Ordinary Shares as of July 1, 2025.
- The acquisition of these securities is stated not to be for the purpose of changing or influencing control of the issuer, nor 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 Rule 14a-11.
Sentiment
Score: 6
Explanation: Neutral to slightly positive. A 13G is a factual disclosure of ownership. The presence of a new significant, albeit passive, investor can be seen as a positive signal of confidence, but the filing itself doesn't contain performance data.
Positives
- A group of investors, including Intracoastal Capital LLC, has taken a significant passive stake in Lifeward Ltd., indicating their investment interest in the company.
Negatives
- NA
Risks
- NA
Future Outlook
NA
Industry Context
NA
Comparison to Industry Standards
- NA
Stakeholder Impact
- Shareholders: The disclosure of a new significant passive investor could be viewed positively, potentially signaling confidence in the company. The "blocker provisions" ensure the investor remains below the 5% threshold, which might alleviate concerns about potential control changes.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 2025-06-24 | Date as of which 11,602,266 Ordinary Shares were outstanding, as reported by the Issuer. |
| 2025-06-25 | Date of event requiring filing of this statement; execution of the Securities Purchase Agreement (SPA) with Lifeward Ltd. |
| 2025-06-26 | Date of Form 8-K filing by Lifeward Ltd. disclosing the SPA. |
| 2025-07-01 | Date of filing of this Schedule 13G and the date as of which beneficial ownership is reported. |
Keywords
Lifeward Ltd., Intracoastal Capital, Mitchell P. Kopin, Daniel B. Asher, Schedule 13G, beneficial ownership, Ordinary Shares, passive investment, SEC filing, M8216Q200, warrants
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