SCHEDULE 13G/A: Xylo Technologies Ltd. Discloses 5.7% Stake in ParaZero Technologies Ltd. via Amended SEC Filing
Beneficial Ownership Disclosure
Xylo Technologies Ltd. has filed an amended Schedule 13G with the SEC, disclosing a beneficial ownership of 5.7% in ParaZero Technologies Ltd. as of December 31, 2024.
Summary
- Xylo Technologies Ltd., an Israeli entity, filed an Amendment No. 1 to its Schedule 13G with the U.S. Securities and Exchange Commission.
- The filing reports Xylo Technologies Ltd.'s beneficial ownership in ParaZero Technologies Ltd.'s Ordinary Shares.
- As of December 31, 2024, Xylo Technologies Ltd. beneficially owns 730,188 Ordinary Shares of ParaZero Technologies Ltd.
- This ownership represents 5.7% of ParaZero Technologies Ltd.'s outstanding Ordinary Shares.
- The calculation is based on 12,765,941 Ordinary Shares issued and outstanding as of December 31, 2024, as reported by the Issuer.
- Xylo Technologies Ltd. holds sole voting power and sole dispositive power over all 730,188 shares.
Sentiment
Score: 5
Explanation: The document is a factual, regulatory disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a standard regulatory disclosure of a significant ownership stake by an institutional investor, providing transparency on the shareholder base of ParaZero Technologies Ltd. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake in the company, which can influence market perception and trading activity.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement, representing the beneficial ownership stake. |
| 02/14/2025 | Date the Schedule 13G/A was signed by Xylo Technologies Ltd. |
Keywords
Schedule 13G, Beneficial Ownership, SEC Filing, ParaZero Technologies Ltd., Xylo Technologies Ltd., Ordinary Shares, Institutional Investor, Shareholder Disclosure
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