Form 4: Y.D. More Investments Reports Minor Sale of Odysight.ai Shares, Maintains Significant Stake

Y.D. More Investments Ltd., a 10% owner of Odysight.ai Inc., reported a small sale of 1,450 common shares while maintaining substantial direct and indirect beneficial ownership.

Summary

• Y.D. More Investments Ltd., identified as a Director and 10% Owner of Odysight.ai Inc. (ODYS), filed a Form 4.
• The filing reports a sale of 1,450 shares of Odysight.ai Inc. Common Stock on June 12, 2025, at a price of $5.06 per share.
• Following this transaction, Y.D. More Investments Ltd. directly beneficially owns 580,602 shares of Common Stock.
• Additionally, the reporting person indirectly beneficially owns 460,661 shares through More Investment House Portfolio Management Ltd. and 715,140 shares through More Provident Funds & Pension Ltd., though no transactions were effected with respect to these indirect holdings.
• The filing also discloses an indirect beneficial ownership of 432,099 warrants to purchase common stock, exercisable at $10.35, expiring on March 31, 2026, through More Provident Funds & Pension Ltd., with no transaction effected for these warrants.
• The total beneficial ownership, including direct and indirect holdings and warrants, remains substantial, with the reported sale representing a very small fraction of the overall stake.

Sentiment

Score: 5

Explanation: The sentiment is neutral. A very small sale by a 10% owner is a routine disclosure and does not significantly alter the investment thesis or company outlook.

Positives

• The reporting person, Y.D. More Investments Ltd., maintains a significant beneficial ownership stake in Odysight.ai Inc., indicating continued long-term interest.
• The sale of shares was a very small amount (1,450 shares) relative to the total beneficial ownership, suggesting it was not a major divestment.

Negatives

• A sale of shares by a 10% owner, even a small amount, could be perceived as a slight negative signal, though its impact is minimal given the quantity.

Management Comments

• "The securities reported in this Form 4 are beneficially owned by Y.D. More Investments Ltd and by entities that are direct or indirect, wholly-owned or majority-owned, subsidiaries of Y.D. More Investments Ltd (the 'Subsidiaries')."
• "The economic interest in a portion of the securities covered by this report is held for the benefit of public investors or members in, among others, mutual funds, investment portfolios, investment funds and exchange traded funds (which are known in Israel as index-linked certificates), which are managed by the Subsidiaries."
• "This Form 4 shall not be construed as an admission by Y.D. More Investments Ltd or by any of its Subsidiaries that either is the beneficial owner of any of such securities, and each of Y.D. More Investments Ltd and its Subsidiaries disclaim beneficial ownership of any such securities except to the extent of their respective pecuniary interests therein."

Stakeholder Impact

• Shareholders: The sale of a very small number of shares by a significant owner is unlikely to have a material impact on the share price or investor sentiment.
• Employees, Customers, Suppliers, Creditors: No direct impact is indicated by this filing, as it pertains solely to beneficial ownership changes.

Key Dates

Keywords

SEC Form 4, Beneficial Ownership, Insider Trading, Stock Sale, Odysight.ai Inc., ODYS, Y.D. More Investments Ltd., Common Stock, Warrants, Investment Holdings