SCHEDULE: Senvest Management Divests SatixFy Shares

Senvest Management, LLC and Richard Mashaal have filed an amended Schedule 13G indicating 0% beneficial ownership of SatixFy Communications Ltd. ordinary shares.

Summary

• This is an Amendment No. 1 to a Schedule 13G filing concerning the beneficial ownership of Ordinary Shares of SatixFy Communications Ltd.
• The filing is made by Senvest Management, LLC and Richard Mashaal.
• As of the event date (June 30, 2025), both reporting persons beneficially own 0% of SatixFy Communications Ltd.'s ordinary shares.
• This indicates a complete divestment of their previously held stake, as they now report 0.00 sole voting power, 0.00 shared voting power, 0.00 sole dispositive power, and 0.00 shared dispositive power.
• The securities were previously held in the account of Senvest Technology Partners Master Fund, LP, for which Senvest Management, LLC acts as investment manager and Richard Mashaal as managing member.
• The reporting persons certify that the securities were not acquired or held for the purpose of changing or influencing control of SatixFy Communications Ltd.

Sentiment

Score: 4

Explanation: This Schedule 13G/A filing reports a complete divestment of ordinary shares in SatixFy Communications Ltd. by Senvest Management, LLC and Richard Mashaal, reducing their beneficial ownership to 0%. While the filing is a factual disclosure and does not contain operational or financial performance data, the complete exit by an institutional investor can be perceived negatively by the market, potentially signaling a lack of confidence in the company's future prospects.

Negatives

• The complete divestment of shares by an institutional investor (Senvest Management, LLC) could be perceived negatively by the market, potentially signaling a lack of confidence or a change in investment strategy regarding SatixFy Communications Ltd.

Future Outlook

No forward-looking statements or guidance from SatixFy Communications Ltd. are provided in this beneficial ownership filing.

Industry Context

This filing is a routine disclosure of beneficial ownership changes and does not provide specific insights into broader industry trends or competitive landscape for SatixFy Communications Ltd.

Stakeholder Impact

• Shareholders may question the reasons for the complete divestment by a previous institutional investor, potentially impacting investor sentiment.

Key Dates

Keywords

SatixFy Communications, Schedule 13G, Beneficial Ownership, Senvest Management, Richard Mashaal, SEC Filing, Ordinary Shares, Investment Management