Form 4: Y.D. More Investments Ltd Reports Transaction in Odysight.ai Inc. (ODYS)
SEC Form 4 Filing
Y.D. More Investments Ltd reports a transaction in Odysight.ai Inc. involving common stock, while also disclosing beneficial ownership through various subsidiaries.
Summary
- On March 12, 2025, Y.D. More Investments Ltd reported a transaction involving Odysight.ai Inc. common stock.
- The transaction involved the disposal of 2,400 shares at a price of $6.46 per share.
- Following the transaction, Y.D. More Investments Ltd indirectly owns 584,332 shares through More Investment House Portfolio Management Ltd, 460,661 shares through More Provident Funds & Pension Ltd, and 723,740 shares through More Mutual Funds Management (2013) Ltd.
- The report also mentions a warrant to purchase 432,099 common stock shares, indirectly held by More Provident Funds & Pension Ltd, with an exercise price of $10.35, originally granted on March 29, 2021, and expiring on March 31, 2026.
- Y.D. More Investments Ltd disclaims beneficial ownership of the securities except to the extent of their respective pecuniary interests, as the economic interest in a portion of the securities is held for the benefit of public investors or members in managed funds.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reporting a transaction and beneficial ownership. It doesn't inherently convey positive or negative sentiment.
Management Comments
- Y.D. More Investments Ltd disclaims beneficial ownership of any such securities except to the extent of their respective pecuniary interests therein.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions and holdings.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions and holdings of a major shareholder, Y.D. More Investments Ltd.
Key Dates
| Date | Description |
|---|---|
| 03/29/2021 | Date of grant for warrant to purchase common stock. |
| 03/12/2025 | Date of transaction involving common stock. |
| 03/13/2025 | Date of signature for the Form 4 filing. |
| 03/31/2026 | Expiration date of warrant to purchase common stock. |
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