SCHEDULE 13G: More Investments Group Discloses Significant 13.5% Stake in Odysight.ai Inc.

A group of Israeli investment entities and individuals, led by Y.D. More Investments Ltd., has disclosed a collective beneficial ownership of 13.5% in Odysight.ai Inc., totaling 2,204,432 shares.

Summary

• Multiple Israeli investment entities and individuals, including More Provident Funds & Pension Ltd., More Investment House Portfolio Management Ltd., More Mutual Funds Management (2013) Ltd., Y.D. More Investments Ltd., B.Y.M. More Investments Ltd., Eli Levy, Yosef Levy, Benjamin Meirov, Yosef Meirov, Michael Meirov, and Dotan Meirov, have filed a Schedule 13G.
• The filing indicates a collective beneficial ownership of 2,204,432 shares of Odysight.ai Inc. Common Stock, representing 13.5% of the class.
• This group includes shares issuable upon the exercise of 432,099 warrants.
• Y.D. More Investments Ltd. is an Israeli public company controlled through a voting agreement among Yosef Meirov, Benjamin Meirov, Yosef Levy, and Eli Levy.
• More Mutual Funds Management (2013) Ltd. and More Investment House Portfolio Management Ltd. are wholly-owned subsidiaries of Y.D. More, while More Provident Funds & Pension Ltd. is a majority-owned subsidiary (66.36%) of Y.D. More.
• The reporting persons collectively hold shared voting power over the 2,204,432 shares, but the sole dispositive power for specific portions of these shares resides with More Provident (892,760 shares), More Investment (587,932 shares), and More Mutual (723,740 shares) for the benefit of their respective clients and beneficiaries.
• The filing certifies that the securities were not acquired or held for the purpose of changing or influencing the control of Odysight.ai Inc., other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 6

Explanation: The disclosure of a significant, passive institutional stake is generally neutral to slightly positive, indicating investor interest without implying immediate operational changes or financial distress.

Positives

• Disclosure of a significant institutional and individual stake (13.5%) may signal confidence in Odysight.ai Inc. from a notable investment group.
• The filing explicitly states that the securities were not acquired for the purpose of changing or influencing control, which may alleviate concerns about potential activist investor actions.

Negatives

• The document does not contain any explicit negative information regarding the company's performance or outlook.

Risks

• The document does not explicitly detail company-specific risks beyond the ownership structure itself.

Future Outlook

NA

Industry Context

This filing is a standard regulatory disclosure of significant ownership, providing transparency into the shareholder base of Odysight.ai Inc. It does not provide broader industry trends or competitive analysis.

Related Party Transactions

• Y.D. More Investments Ltd. is an Israeli public company controlled through a voting agreement among Yosef Meirov, Benjamin Meirov, Yosef Levy, and Eli Levy.
• B.Y.M. More Investments Ltd. is controlled by Yosef Meirov, Michael Meirov, and Dotan Meirov.
• More Mutual Funds Management (2013) Ltd. and More Investment House Portfolio Management Ltd. are wholly-owned subsidiaries of Y.D. More Investments Ltd.
• More Provident Funds & Pension Ltd. is a majority-owned subsidiary (66.36%) of Y.D. More Investments Ltd.
• Eli Levy's control is through Elldot Ltd., a wholly owned company.

Stakeholder Impact

• Shareholders: The disclosure provides transparency regarding a significant institutional and individual ownership group, which could influence market perception and trading activity.
• Management: Awareness of a substantial, passive shareholder group may influence strategic considerations, though the filing explicitly states no intent to influence control.

Next Steps

• The reporting persons will continue to monitor their investment in Odysight.ai Inc. and may file amendments to this Schedule 13G if their beneficial ownership changes significantly or if their investment intent shifts.

Key Dates

Keywords

Odysight.ai Inc., Schedule 13G, Beneficial Ownership, Institutional Investor, Investment Group, Common Stock, SEC Filing, Shareholder, More Investments, Warrants