SCHEDULE 13G/A: Valens Semiconductor Insiders Correct Corrected Shareholdings in Amended SEC Filing

An amended Schedule 13G filing by Valens Semiconductor Ltd. corrects the beneficial ownership percentages for key individuals Yahal Zilka and Modi Rosen as of December 31, 2023.

Summary

• This document is Amendment No. 3 to a Schedule 13G filing for Valens Semiconductor Ltd. (Issuer: Valens Semiconductor Ltd., CUSIP: M9607U115, Class of Securities: Ordinary Shares, No Par Value).
• The primary purpose of this amendment is to correct the beneficial ownership of ordinary shares by Yahal Zilka and Modi Rosen as of December 31, 2023.
• As of December 31, 2023, Yahal Zilka beneficially owned an aggregate of 962,906 Ordinary Shares, representing 0.9% of the class.
• As of December 31, 2023, Modi Rosen beneficially owned an aggregate of 905,034 Ordinary Shares, representing 0.9% of the class.
• These corrected figures supersede those reported in Amendment No. 2 to the Schedule 13G, which was filed on February 13, 2024.
• The percentages of class are based on a total of 103,735,618 Ordinary Shares outstanding as of October 16, 2023, as reported by the Issuer.
• Other reporting persons, including various Magma Venture Capital entities, show minimal or zero beneficial ownership, with no changes to their reported holdings from Amendment No. 2.

Sentiment

Score: 5

Explanation: The document is a factual correction of previously reported ownership data, indicating a neutral sentiment as it does not convey positive or negative operational or financial news.

Stakeholder Impact

• Shareholders: Provides updated, accurate information regarding the beneficial ownership of two key individuals, ensuring transparency in ownership structure.

Key Dates

Keywords

Valens Semiconductor, Schedule 13G, beneficial ownership, Yahal Zilka, Modi Rosen, Magma Venture Partners, shareholding, SEC filing, ordinary shares