Form 4: Y.D. More Investments Ltd Sells Shares of Odysight.ai Inc.
SEC Form 4
Y.D. More Investments Ltd reports the sale of 650 shares of Odysight.ai Inc., while also disclosing beneficial ownership through various subsidiaries.
Summary
- Y.D. More Investments Ltd. filed a Form 4 detailing changes in beneficial ownership of Odysight.ai Inc. securities.
- On April 9, 2025, Y.D. More Investments Ltd. sold 650 shares of Common Stock at a price of $5.87 per share.
- Following the transaction, Y.D. More Investments Ltd. indirectly owns 581,402 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 shares of common stock, indirectly owned by More Provident Funds & Pension Ltd., with an exercise price of $10.35 and an expiration date of March 31, 2026.
- Y.D. More Investments Ltd. disclaims beneficial ownership of the securities except to the extent of their pecuniary interests, as the economic interest is held for the benefit of public investors in mutual funds, investment portfolios, and exchange-traded funds managed by its subsidiaries.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it primarily reports a transaction and ownership structure. The sale of shares could be seen as slightly negative, but the disclaimer of beneficial ownership mitigates this.
Negatives
- Y.D. More Investments Ltd. reduced its direct holdings in Odysight.ai Inc. by selling 650 shares.
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 when insiders or major shareholders of a publicly traded company buy or sell the company's stock.
Stakeholder Impact
- The sale of shares may have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased selling pressure.
Key Dates
| Date | Description |
|---|---|
| 03/29/2021 | Date of warrant to purchase common stock. |
| 03/31/2026 | Expiration date of warrant to purchase common stock. |
| 04/09/2025 | Date of transaction: Sale of 650 shares of Common Stock. |
| 04/10/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Securities, Odysight.ai Inc., Y.D. More Investments Ltd., Share Sale
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