Value Base Ltd. Amends Cognyte Software Ownership Filing

TL;DR

Value Base Ltd. updated its stake in Cognyte Software. Watch for potential moves.

AI Summary

Value Base Ltd. has filed an amendment (No. 4) to its Schedule 13D concerning Cognyte Software Ltd. The filing, dated August 27, 2024, indicates a change in beneficial ownership. Value Base Ltd. is listed as the filer, with group members including Ido Nouberger and Tal Yaacobi.

Why It Matters

This filing signals a potential shift in control or significant stakeholding in Cognyte Software Ltd., which could impact its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can indicate activist investor activity or strategic shifts, posing potential risks to existing shareholders.

Key Players & Entities

• Value Base Ltd. (company) — Filer of the Schedule 13D/A
• Cognyte Software Ltd. (company) — Subject company of the filing
• Ido Nouberger (person) — Group member of the filer
• Tal Yaacobi (person) — Group member of the filer
• Value Base Fund General Partner Ltd. (company) — Group member of the filer
• Value Base Hedge Fund Ltd. (company) — Group member of the filer
• Victor Shamrich (person) — Group member of the filer

FAQ

Filing Documents

• zk2431935.htm (SC 13D/A) — 138KB
• exhibit_6.htm (EX-99) — 35KB
• exhibit_6slide1.jpg (GRAPHIC) — 103KB
• exhibit_6slide2.jpg (GRAPHIC) — 237KB
• exhibit_6slide3.jpg (GRAPHIC) — 132KB
• exhibit_6slide4.jpg (GRAPHIC) — 139KB
• exhibit_6slide5.jpg (GRAPHIC) — 148KB
• exhibit_6slide6.jpg (GRAPHIC) — 146KB
• exhibit_6slide7.jpg (GRAPHIC) — 130KB
• exhibit_6slide8.jpg (GRAPHIC) — 131KB
• exhibit_6slide9.jpg (GRAPHIC) — 161KB
• exhibit_6slide10.jpg (GRAPHIC) — 132KB
• exhibit_6slide11.jpg (GRAPHIC) — 135KB
• exhibit_6slide12.jpg (GRAPHIC) — 208KB
• exhibit_6slide13.jpg (GRAPHIC) — 162KB
• exhibit_6slide14.jpg (GRAPHIC) — 184KB
• exhibit_6slide15.jpg (GRAPHIC) — 79KB
• exhibit_6slide16.jpg (GRAPHIC) — 232KB
• exhibit_6slide17.jpg (GRAPHIC) — 234KB
• 0001178913-24-002806.txt ( ) — 3882KB

Purpose of Transaction

Item 4. Purpose of Transaction.

of the Schedule 13D is amended to add the following

Item 4 of the Schedule 13D is amended to add the following: On August 27, 2024, the Reporting Persons issued a presentation titled "Value Base Group's 2024 Value Creation Plan for Cognyte Software Ltd." (the " Presentation "). A copy of the Presentation is filed herewith as Exhibit 6 and incorporated herein by reference. The description of the presentation contained in this Amendment No. 4 is qualified in its entirety by reference to Exhibit 6 hereto.

Material to be Filed as Exhibits

Item 7. Material to be Filed as Exhibits.

of the Schedule 13D is amended and restated as follows

Item 7 of the Schedule 13D is amended and restated as follows: The following Exhibits are filed herewith: 1 Joint Filing Agreement by and among the Reporting Persons, dated as of June 26, 2024 (incorporated herein by reference to Exhibit 1 to Schedule 13D filed by the Reporting Persons on June 26, 2024) 2 Unanimous written resolutions of the directors of Value Base Fund Management Ltd., dated as of September 27, 2023 (incorporated herein by reference to Exhibit 2 to Schedule 13D filed by the Reporting Persons on June 26, 2024) 3 Attorney's Certification certifying the signature authority of person(s) signing on behalf of Value Base Hedge Fund Ltd., dated as of December 21, 2023 (incorporated herein by reference to Exhibit 3 to Schedule 13D filed by the Reporting Persons on June 26, 2024) 4 Letter to the Board of Directors of Cognyte Software Ltd., dated as of August 6, 2024 (incorporated herein by reference to Exhibit 4 to Schedule 13D filed by the Reporting Persons on August 7, 2024) 5 Letter to the Shareholders of Cognyte Software Ltd., dated as of August 20, 2024 (incorporated herein by reference to Exhibit 5 to Schedule 13D filed by the Reporting Persons on August 21, 2024) 6 A presentation titled "Value Base Group's 2024 Value Creation Plan for Cognyte Software Ltd." 8

Signatures

Signatures 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. Dated: August 27, 2024 Value Base Ltd. /s/ Ido Nouberger /s/ Victor Shamrich Name: Ido Nouberger Victor Shamrich Title: CEO Chairman Value Base Fund General Partner Ltd. By: Value Base Fund Management Ltd. /s/ Ido Nouberger * /s/ Victor Shamrich * Name: Ido Nouberger Victor Shamrich Title: Director Director Value Base Hedge Fund Ltd. /s/ Ido Nouberger ** /s/ Victor Shamrich ** Name: Ido Nouberger Victor Shamrich Title: Director Director /s/ Ido Nouberger Ido Nouberger /s/ Victor Shamrich Victor Shamrich /s/ Tal Yaacobi Tal Yaacobi * Evidence of signature authority on behalf of Value Base Fund Management Ltd. is attached as Exhibit 2 to the Schedule 13D. ** Evidence of signature authority on behalf of Value Base Hedge Fund Ltd. is attached as Exhibit 3 to the Schedule 13D. 9

View Full Filing

View this SC 13D/A filing on SEC EDGAR