SC 13G: AUDIOCODES LTD
Ticker: AUDC · Form: SC 13G · Filed: Jul 16, 2024 · CIK: 1086434
| Field | Detail |
|---|---|
| Company | Audiocodes LTD (AUDC) |
| Form Type | SC 13G |
| Filed Date | Jul 16, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by AUDIOCODES LTD.
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G filing submitted by Audiocodes LTD (ticker: AUDC) to the SEC on Jul 16, 2024.
What is the risk level of this SC 13G filing?
This filing has been assessed as low risk.
How long is this filing?
Audiocodes LTD's SC 13G filing is 6 pages with approximately 1,714 words. Estimated reading time is 7 minutes.
Where can I view the full SC 13G filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 1,714 words · 7 min read · ~6 pages · Grade level 8.6 · Accepted 2024-07-16 13:29:35
Filing Documents
- zk2431677.htm (SC 13G) — 95KB
- exhibit-1.htm (EX-99) — 14KB
- exhibit-2.htm (EX-99) — 8KB
- 0001178913-24-002216.txt ( ) — 118KB
If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c)
Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c): Not applicable.
Ownership
Item 4. Ownership. The ownership information presented below is as of July 15, 2024 and represents beneficial ownership of Ordinary Shares of the Issuer based on 30,324,284 Ordinary Shares outstanding as of March 20, 2024 (as reported in the Issuer's Annual Report on Form 20-F filed with the SEC on March 27, 2024). Reporting Person Amount beneficially owned Percent of class: Sole power to vote or to direct the vote: Shared power to vote or to direct the vote: Sole power to dispose or to direct the disposition of: Shared power to dispose or to direct the disposition of: Value Base Ltd. 1,971,346 6.50 % 0 1,971,346 0 1,971,346 Victor Shamrich 1,971,346 6.50 % 0 1,971,346 0 1,971,346 Ido Nouberger 1,971,346 6.50 % 0 1,971,346 0 1,971,346 Value Base Fund General Partner Ltd. 1,971,346 6.50 % 0 1,971,346 0 1,971,346 The securities reported herein are beneficially owned as follows: 1,971,346 Ordinary Shares owned directly by Value Base Fund Limited Partnership, a Cayman Islands limited partnership. 6 The general partner of Value Base Fund Limited Partnership is Value Base Fund General Partner Ltd., an Israeli private company (the " VBF General Partner "), which has delegated its management responsibilities to a management company, Value Base Fund Management Ltd., an Israeli private company (the " Management Company "). Each of the VBF General Partner and the Management Company is controlled by Value Base Ltd., which directly and indirectly holds a majority of the shares of each such company. Value Base Ltd., an Israeli company, is controlled by Messrs Victor Shamrich and Ido Nouberger. This Statement shall not be construed as an admission by any of the Reporting Persons that it is the beneficial owner of any of the securities covered by this Statement, and each Reporting Person disclaims beneficial ownership of any such securities. In addition, the Reporting Persons and other entities named in this Schedule 13G may b
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class. Not Applicable.
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group. Not Applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group. Not Applicable.
Certification
Item 10. Certification. 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, other than activities solely in connection with a nomination under 240.14a-11. 7 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. July 16, 2024 Value Base Ltd. /s/ Ido Nouberger /s/ Victor Shamrich Name: Ido Nouberger Name: Victor Shamrich Title: CEO Title: Chairman /s/ Victor Shamrich Victor Shamrich /s/ Ido Nouberger Ido Nouberger Value Base Fund General Partner Ltd. By: Value Base Fund Management Ltd. /s/ Ido Nouberger * /s/ Victor Shamrich * Name: Ido Nouberger Name: Victor Shamrich Title: Director Title: Director * Signature authority provided in Exhibit 2 to this statement on Schedule 13G. 8 EXHIBIT NO. DESCRIPTION Exhibit 1 Joint Filing Agreement by and among the Reporting Persons Exhibit 2 Unanimous written resolutions of the directors of Value Base Fund Management Ltd., dated as of September 27, 2023 9