SCHEDULE: Mithaq Capital Sells Nexxen Shares
Amendment to Schedule 13D
Mithaq Capital SPC, through its representatives, has disclosed the sale of over 680,000 ordinary shares in Nexxen International Ltd. in early November 2026.
Summary
- Mithaq Capital SPC, along with Turki Saleh A. Alrajhi and Muhammad Asif Seemab, have filed an amendment to their Schedule 13D, reporting further sales of Nexxen International Ltd. ordinary shares.
- These sales occurred in open market transactions between November 9, 2026, and November 11, 2026.
- A total of 686,866 shares were sold during this period.
- The average selling prices ranged from $8.77 to $8.97 per share.
- Following these sales, the reporting persons collectively hold 16,523,406 shares, representing 29.0% of the outstanding ordinary shares as of August 24, 2026.
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a negative sentiment due to significant share sales by a major holder, indicating a potential lack of confidence or a strategic exit.
Negatives
- Significant share sales by a major beneficial owner (Mithaq Capital SPC and associated individuals) indicate a reduction in their stake.
- The sales occurred over a short period, suggesting a potentially rapid divestment.
Risks
- Continued selling pressure from a major shareholder could negatively impact the stock price.
- The reasons for the sales are not explicitly stated, leaving room for speculation about the reporting persons' outlook on Nexxen International Ltd.
Future Outlook
No specific forward-looking statements or guidance are provided in this amendment, which focuses on reporting past transactions.
Industry Context
StockSavvy.ai notes that significant share sales by large holders can sometimes precede or coincide with negative company news or a change in strategic direction, potentially impacting investor confidence in the broader technology or investment sectors.
Stakeholder Impact
- Shareholders may experience downward pressure on stock price due to the significant selling by a major holder.
- Potential investors may view the sales as a signal of reduced confidence by a key stakeholder.
Next Steps
- Monitor future filings from Mithaq Capital SPC and associated individuals for any further changes in their beneficial ownership.
- Observe market reaction to these disclosures and any subsequent trading activity.
Key Dates
| Date | Description |
|---|---|
| 2021-06-30 | Initial Schedule 13D filing date. |
| 2021-09-09 | First amendment to Schedule 13D filed. |
| 2026-08-24 | Date of outstanding shares count (56,950,169) used for percentage calculation. |
| 2026-09-24 | Issuer's Form 6-K filed with SEC reporting outstanding shares. |
| 2026-11-06 | Date of last Schedule 13D filing prior to this amendment. |
| 2026-11-09 | First day of reported share sales in this amendment. |
| 2026-11-11 | Last day of reported share sales in this amendment. |
| 2026-11-12 | Date of signatures for this Amendment No. 11. |
Recommendation
holdWhile the significant selling by a major holder is a negative signal, the filing does not provide enough information to warrant a sell recommendation. The remaining 29.0% holding by Mithaq Capital SPC suggests they may still retain some interest or are strategically managing their position. Investors should monitor further developments and the company's underlying performance.
Keywords
Nexxen International Ltd., Schedule 13D, Mithaq Capital SPC, Shareholder, Securities, Stock Sale, Beneficial Ownership
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