SCHEDULE 13G/A: Amir Uziel and Uziel Economic Consultant Disclose 5.35% Stake in N2OFF, Inc.

Amir Uziel and Uziel Economic Consultant Ltd. have filed an amended Schedule 13G, disclosing a combined beneficial ownership of 5.35% of N2OFF, Inc.'s common stock.

Summary

• Amir Uziel and Uziel Economic Consultant Ltd. jointly reported beneficial ownership of 1,376,786 shares of N2OFF, Inc. common stock.
• This ownership represents 5.35% of the company's outstanding common stock, calculated based on 25,745,737 shares issued.
• Amir Uziel directly holds 14,286 shares of common stock.
• Uziel Economic Consultant holds 1,050,000 shares of common stock.
• An additional 312,500 shares are issuable to Uziel Economic Consultant upon the exercise of warrants within 60 days from the filing date, subject to a 9.99% ownership blocker.
• Amir Uziel is identified as the officer, sole director, chairman of the board of directors, and control shareholder of Uziel Economic Consultant.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The filing indicates a significant, stable ownership stake by a control person, which can be viewed positively for governance and alignment. However, it provides no operational or financial performance details.

Positives

• A significant beneficial ownership stake of 5.35% is held by Amir Uziel, who is also the control shareholder of Uziel Economic Consultant, indicating strong alignment of interests with the company's performance.
• The inclusion of warrants exercisable within 60 days suggests potential for increased ownership by a key stakeholder.

Risks

• The exercise of 312,500 warrants is subject to a 9.99% ownership blocker, which could limit the full conversion of these warrants if the beneficial ownership threshold is approached or exceeded.

Stakeholder Impact

• Shareholders: Provides transparency on significant ownership by a control person, potentially indicating stability in governance and alignment of interests.

Key Dates

Keywords

N2OFF Inc., Amir Uziel, Uziel Economic Consultant, Schedule 13G, Beneficial Ownership, Common Stock, Warrants, SEC Filing, Shareholder, Control Person