SCHEDULE: Radcom Ltd: Lynrock Lake LP Adjusts Stake

Lynrock Lake LP has filed an amendment to its Schedule 13D, detailing transactions in Radcom Ltd's ordinary shares between July and September 2026.

Summary

• Lynrock Lake LP, along with Lynrock Lake Partners LLC and Cynthia Paul, have filed Amendment No. 4 to their Schedule 13D concerning Radcom Ltd.
• This amendment details transactions in Radcom Ltd's ordinary shares that occurred between July 28, 2026, and September 9, 2026.
• During this period, Lynrock Lake LP sold 19,623 ordinary shares and purchased a net of 244,051 ordinary shares.
• The total purchase price for the 2,749,417 ordinary shares reported in the filing was approximately $29,456,569, including brokerage commissions.
• As of the filing date, the reporting persons beneficially own 2,749,417 ordinary shares, representing 16.4% of the class.
• The source of funds for these purchases was the working capital of Lynrock Fund, derived from partner contributions and potentially margin loans.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as neutral to slightly positive, reflecting active portfolio management by a significant shareholder rather than a fundamental shift in the company's outlook.

Positives

• Lynrock Lake LP has increased its net holdings in Radcom Ltd during the reporting period, indicating continued confidence or strategic adjustment.
• The aggregate purchase price of $29,456,569 for 2,749,417 shares suggests a significant investment and commitment to the company.
• The reporting persons maintain sole voting and dispositive power over the shares held by Lynrock Fund, allowing for decisive action.

Negatives

• The filing indicates a sale of 19,623 shares on July 28, 2026, prior to the net purchases, suggesting some level of opportunistic selling.
• The average purchase price appears to be around $10.00-$13.00 per share, with some purchases occurring at the lower end of this range, which could be seen as a slight decrease in average cost basis compared to potential earlier acquisitions.

Risks

• The filing does not explicitly mention any new risks or changes to existing risk factors for Radcom Ltd.
• The concentration of ownership (16.4%) by a single reporting entity could lead to significant influence, potentially creating governance or strategic alignment risks if interests diverge.

Future Outlook

The filing does not contain specific forward-looking statements or guidance from Radcom Ltd. It solely reports on the recent transaction activities of Lynrock Lake LP.

Management Comments

• The reporting persons may be deemed to exercise voting and investment power over securities held by Lynrock Fund.
• All transactions were effected in the open market unless otherwise noted.

Industry Context

StockSavvy.ai notes that Schedule 13D filings typically report significant changes in beneficial ownership. This amendment indicates ongoing portfolio management by a substantial shareholder in the telecommunications infrastructure sector, where Radcom Ltd operates.

Stakeholder Impact

• Shareholders: The active trading by a significant shareholder may influence market perception and potentially short-term price movements.
• Management: Increased scrutiny or potential influence from a large, active stakeholder group.

Next Steps

• Continue to monitor future filings by Lynrock Lake LP for any further changes in beneficial ownership.
• Observe Radcom Ltd's operational and financial performance for insights into the strategic rationale behind investor activity.

Key Dates

Keywords

Radcom Ltd, Schedule 13D, Lynrock Lake LP, Ordinary Shares, Beneficial Ownership, Securities Transactions, Investment Management