Yotam Benattia Holds 3.39M Shares in Alarum Technologies
Ticker: ALAR · Form: SC 13G/A · Filed: Jan 16, 2024 · CIK: 1725332
| Field | Detail |
|---|---|
| Company | Alarum Technologies Ltd. (ALAR) |
| Form Type | SC 13G/A |
| Filed Date | Jan 16, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, shareholder-update, amendment
TL;DR
**Yotam Benattia still owns 3.39M shares of Alarum Technologies, showing continued conviction.**
AI Summary
Yotam Benattia, an Israeli investor, has filed an amendment to his Schedule 13G, indicating he beneficially owns 3,391,745 ordinary shares/American Depository Shares of Alarum Technologies Ltd. as of December 31, 2023. This filing, an amendment number 3, shows a significant ownership stake, which could influence company decisions or signal confidence in the stock. For investors, this means a major shareholder maintains a substantial position, which might be seen as a positive indicator of long-term value.
Why It Matters
A large individual ownership stake like this can provide stability and signal a long-term commitment to the company's success, potentially influencing other investors' perceptions.
Risk Assessment
Risk Level: low — This filing indicates a stable, significant ownership stake, which generally reduces risk by showing investor confidence.
Analyst Insight
Investors should note the continued significant ownership by Yotam Benattia, which suggests a stable long-term holder. This information could be factored into a broader analysis of Alarum Technologies Ltd.'s shareholder base and governance.
Key Numbers
- 3,391,745 — Shares Beneficially Owned (Represents Yotam Benattia's total ownership in Alarum Technologies Ltd. as of December 31, 2023.)
Key Players & Entities
- Yotam Benattia (person) — reporting person and beneficial owner
- Alarum Technologies Ltd. (company) — the issuer of the securities
- 3,391,745 (dollar_amount) — number of shares beneficially owned
- December 31, 2023 (date) — date of event requiring the filing
- Israel (company) — citizenship of Yotam Benattia
Forward-Looking Statements
- Yotam Benattia will maintain a significant ownership stake in Alarum Technologies Ltd. for the foreseeable future. (Yotam Benattia) — high confidence, target: December 31, 2024
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person is Yotam Benattia, as stated on the cover page and Item 1 of the filing.
What is the name of the issuer whose securities are being reported?
The issuer is Alarum Technologies Ltd., formerly known as Safe-T Group Ltd., as indicated in the 'SUBJECT COMPANY' section and on the cover page of the filing.
How many shares does Yotam Benattia beneficially own in Alarum Technologies Ltd.?
Yotam Benattia beneficially owns 3,391,745 shares, with sole voting and sole dispositive power over these shares, as detailed in Item 9 of the filing.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified on the cover page.
Under which rule was this Schedule 13G/A filed?
This Schedule 13G/A was filed under Rule 13d-1(c), as indicated by the checked box on the cover page.
Filing Stats: 790 words · 3 min read · ~3 pages · Grade level 18 · Accepted 2024-01-16 07:00:16
Filing Documents
- ea191579-13ga3benat_alarum.htm (SC 13G/A) — 63KB
- 0001213900-24-003518.txt ( ) — 64KB
(a)
ITEM 1 (a) NAME OF ISSUER: Alarum Technologies Ltd.
(b)
ITEM 1 (b) ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES: 30 Haarba’a Street, Tel Aviv, Israel 6473926
(a)
ITEM 2 (a) NAME OF PERSON FILING: Yotam Benattia This Yotam Benattia The foregoing is referred to as the "Reporting Person" in this Statement.
(b)
ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the Reporting Person is: 113 Rothchild Boulevard, Tel Aviv, Israel 6527113
(c)
ITEM 2 (c) CITIZENSHIP: Israel
(d)
ITEM 2 (d) TITLE OF CLASS OF SECURITIES: Ordinary Shares
(e)
ITEM 2 (e) CUSIP NUMBER: 78643B302 ITEM 3 IF THIS Not applicable ITEM 4 (a) AMOUNT BENEFICIALLY OWNED: 3,391,745 Ordinary Shares (1) (1) The amounts set forth in this Schedule 13G/A give effect to the ratio of one (1) American Depository Shares (the “ADSs”) to ten (10) Ordinary Shares. CUSIP No. 78643B302 13G Page 4 of 5 (b) PERCENT OF CLASS: 5.8% (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (i) SOLE POWER TO VOTE OR DIRECT THE VOTE 3,391,745 Ordinary Shares (ii) SHARED POWER TO VOTE OR DIRECT THE VOTE 0 (iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF 3,391,745 Ordinary Shares (iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF 0 ITEM 5 OF FIVE PERCENT OR LESS OF A CLASS Not applicable ITEM 6 OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not applicable ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP Not applicable ITEM 9 NOTICE OF DISSOLUTION OF GROUP Not applicable ITEM 10 CERTIFICATIONS By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. CUSIP No. 78643B302 13G Page 5 of 5 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. January 12, 2024 /s/ Yotam Benattia Yotam Benattia