SCHEDULE 13G/A: Sonnipe Ltd. Discloses 6.2% Stake in monday.com Ltd. via Amended SEC Filing
Beneficial Ownership Report
Sonnipe Ltd. has filed an amended Schedule 13G, revealing its beneficial ownership of 6.2% of monday.com Ltd.'s ordinary shares as of March 31, 2025.
Summary
- Sonnipe Ltd., an entity based in the Isle of Man, beneficially owns 3,159,843 ordinary shares of monday.com Ltd.
- This ownership represents 6.2% of monday.com Ltd.'s outstanding ordinary shares.
- The percentage is calculated based on 50,773,337 ordinary shares outstanding as of December 31, 2024, as reported in monday.com Ltd.'s Annual Report on Form 20-F filed on March 17, 2025.
- Sonnipe Ltd. holds sole voting power and sole dispositive power over all 3,159,843 shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of a significant ownership stake in a publicly traded software company. It does not provide specific insights into broader industry trends or competitive dynamics beyond the ownership structure of monday.com Ltd.
Stakeholder Impact
- Shareholders: The disclosure of a significant 6.2% stake by Sonnipe Ltd. provides transparency regarding the company's ownership structure, which can be relevant for other investors assessing control and influence.
Key Dates
| Date | Description |
|---|---|
| 2024-12-31 | Date as of which 50,773,337 ordinary shares of monday.com Ltd. were outstanding, used as the basis for calculating ownership percentage. |
| 2025-03-17 | Date monday.com Ltd. filed its Annual Report on Form 20-F with the SEC, reporting the number of outstanding shares. |
| 2025-03-31 | Date of event which requires the filing of this Schedule 13G Amendment No. 3, reflecting Sonnipe Ltd.'s beneficial ownership. |
| 2025-05-15 | Date the Schedule 13G Amendment No. 3 was signed and filed by Sonnipe Ltd. |
Keywords
monday.com Ltd., Sonnipe Ltd., Schedule 13G, Beneficial Ownership, Ordinary Shares, SEC Filing, Equity Stake, Software Company, Work Management Platform
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