SCHEDULE: Pluri Inc. Ownership Update: Levin Group Holds 4.99%

An amendment to Schedule 13G/A reveals Avraham Levin and associated entities beneficially own 4.99% of Pluri Inc.'s common shares, including warrants.

Summary

• Reporting persons, including Shayna LP, Carmel Argaman Investments Ltd., Avraham Levin Holdings Ltd., and Avraham Levin, collectively beneficially own 406,981 Common Shares of Pluri Inc.
• This beneficial ownership represents 4.99% of the outstanding Common Shares of Pluri Inc.
• As of September 30, 2025, Shayna LP directly holds 393,140 Common Shares.
• Shayna LP also holds warrants to purchase up to 449,952 Common Shares, exercisable within 60 days of September 30, 2025, at an exercise price of $8.23.
• Carmel Argaman Investments Ltd., Avraham Levin Holdings Ltd., and Avraham Levin are beneficial owners of warrants to purchase up to an additional 36,408 Common Shares, exercisable within 60 days of September 30, 2025, at an exercise price of $8.23.
• A beneficial ownership limitation of 4.99% prevents the exercise of warrants if it would result in ownership exceeding this threshold.
• Pluri Inc. had 8,155,948 Common Shares outstanding as of September 16, 2025.
• As of October 14, 2025, Avraham Levin Holdings Ltd., wholly owned by Mr. Avraham Levin, became the sole shareholder of Carmel Argaman Investments Ltd. following a transfer of shares agreement with Guy David Shantser.

Sentiment

Score: 6

Explanation: The filing indicates a stable, significant, and long-term interest from a key investor group, which is generally positive. The beneficial ownership limitation is a neutral structural detail rather than a negative sentiment.

Positives

• A significant investor group maintains a substantial stake (4.99%) in Pluri Inc., indicating continued interest and confidence.
• The beneficial ownership includes warrants, providing potential future capital infusion to Pluri Inc. upon their exercise.

Negatives

• The 4.99% beneficial ownership limitation restricts the immediate increase in the group's stake, potentially limiting their influence or ability to acquire more shares quickly.
• The warrant exercise price of $8.23 means that if Pluri Inc.'s stock price remains below this level, the warrants may not be exercised, impacting potential capital infusion.

Risks

• The beneficial ownership limitation of 4.99% could prevent the reporting persons from increasing their stake beyond this threshold, potentially limiting their influence or ability to acquire more shares quickly.
• The exercise of warrants is contingent on the stock price being favorable relative to the $8.23 exercise price, posing a risk to the realization of potential capital infusion if the stock price underperforms.

Future Outlook

The filing does not provide forward-looking statements or guidance beyond the details of current beneficial ownership and warrant exercise limitations.

Industry Context

This filing is a routine disclosure of beneficial ownership by a significant shareholder group and does not provide information to analyze broader industry trends or competitive positioning for Pluri Inc.

Management Changes

Corporate Governance

Stakeholder Impact

• Shareholders: The continued significant stake by a major investor group may be viewed positively, indicating confidence. The beneficial ownership limitation ensures no single entity gains excessive control without further disclosure.
• Company (Pluri Inc.): There is potential for future capital infusion if warrants are exercised by the reporting group.

Key Dates

Recommendation

This filing is a routine update on beneficial ownership, confirming a significant but capped stake by a group of investors. It does not present new information that would fundamentally alter the investment thesis for Pluri Inc. The presence of warrants offers potential future capital, but the 4.99% ownership cap limits immediate influence. Therefore, a 'hold' recommendation is appropriate as there's no strong catalyst for 'buy' or 'sell' based solely on this disclosure.

Keywords

Pluri Inc., Schedule 13G/A, Beneficial Ownership, Avraham Levin, Shayna LP, Carmel Argaman Investments, Warrants, Common Shares, SEC Filing, Shareholder Update