SCHEDULE 13D/A: Hale Capital Partners Increases Stake in Vislink Technologies to 14.7%
Beneficial Ownership Amendment
Hale Capital Partners, LP and its affiliates have filed an Amendment No. 2 to their Schedule 13D, disclosing an increased beneficial ownership of 14.7% in Vislink Technologies, Inc.'s common stock.
Summary
- Hale Capital Partners, LP, along with its affiliates Martin M. Hale, Jr., Hale Fund Management, LLC, Hale Capital Management, LP, and Hale Fund Partners, LLC (collectively, the 'Reporting Persons'), filed an Amendment No. 2 to their Schedule 13D.
- The filing updates their beneficial ownership in Vislink Technologies, Inc. (NASDAQ: VISL) common stock.
- As of March 6, 2025, the Reporting Persons collectively beneficially own 363,429 shares of Vislink Technologies, Inc. common stock.
- This represents approximately 14.7% of the Issuer's outstanding shares, based on 2,464,419 shares outstanding as of November 12, 2024, as reported in the Issuer's Form 10-Q.
- The shares were acquired by Hale Capital Partners, LP through open market purchases using working capital, which may include margin loans.
- The aggregate purchase price for these shares totals $1,019,503, including brokerage commissions.
- Recent purchases by Hale Capital Partners, LP include transactions between February 24, 2025, and March 8, 2025, with prices ranging from $2.470 to $2.548 per share.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing neutral information without expressing positive or negative sentiment regarding the Issuer's performance or outlook.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the Issuer's future performance or operations.
Industry Context
This filing reflects an investment firm's increased stake in a technology company, which is a common occurrence in the market as investors adjust their portfolios based on perceived value or strategic interest. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: The increased stake by Hale Capital Partners, LP could signal increased investor confidence or potential for future shareholder activism or influence on corporate strategy, given their significant ownership percentage.
Key Dates
| Date | Description |
|---|---|
| 2024-11-12 | Date as of which 2,464,419 shares of Vislink Technologies, Inc. were reported outstanding in the Issuer's Form 10-Q. |
| 2024-11-14 | Date of filing of Vislink Technologies, Inc.'s Quarterly Report on Form 10-Q with the SEC. |
| 2025-02-12 | Date of original Schedule 13D filing by the Reporting Persons. |
| 2025-02-21 | Date of the first amendment (Schedule 13D/A) filed by the Reporting Persons. |
| 2025-02-24 | Date of purchase of 1,084 shares by Hale Capital Partners, LP at $2.514. |
| 2025-02-25 | Date of purchase of 7,024 shares by Hale Capital Partners, LP at $2.505. |
| 2025-02-26 | Date of purchase of 107 shares by Hale Capital Partners, LP at $2.482. |
| 2025-02-27 | Date of purchase of 312 shares by Hale Capital Partners, LP at $2.548. |
| 2025-02-28 | Date of purchase of 1,270 shares by Hale Capital Partners, LP at $2.485. |
| 2025-03-04 | Date of purchase of 6,094 shares by Hale Capital Partners, LP at $2.472. |
| 2025-03-05 | Date of purchase of 6,978 shares by Hale Capital Partners, LP at $2.505. |
| 2025-03-06 | Date of event which requires filing of this statement (purchase of 4,383 shares by Hale Capital Partners, LP at $2.488). |
| 2025-03-07 | Date of purchase of 6,492 shares by Hale Capital Partners, LP at $2.470. |
| 2025-03-08 | Date of purchase of 5,280 shares by Hale Capital Partners, LP at $2.503. |
| 2025-03-10 | Date of signing of the Schedule 13D/A Amendment No. 2. |
Keywords
Vislink Technologies, Hale Capital Partners, Schedule 13D/A, Beneficial Ownership, Common Stock, Investment, Shareholder Stake, SEC Filing
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