Shaun Noll Amends DIRTT Stake, Signals Ownership Changes

TL;DR

**Shaun Noll just updated his DIRTT stake, watch for potential shifts in his strategy!**

AI Summary

Shaun Noll, a significant shareholder in DIRTT Environmental Solutions Ltd. (DRTT), filed an Amendment No. 8 to his Schedule 13D, indicating a change in his beneficial ownership. This filing, dated January 18, 2024, updates previous disclosures regarding his holdings of DRTT's Common Shares, no par value. Investors should note this as Noll is a substantial holder, and changes in his position could signal his evolving sentiment or strategic intentions regarding the company, potentially influencing stock performance.

Why It Matters

Changes in a major shareholder's position can indicate their confidence in the company's future, potentially influencing other investors' perceptions and the stock price.

Risk Assessment

Risk Level: medium — Changes by a significant shareholder can introduce uncertainty or signal potential future actions that could impact the stock price.

Analyst Insight

Investors should monitor subsequent filings by Shaun Noll to understand the full extent of his current holdings and any stated intentions, as this filing is an amendment and does not detail the specific changes in share count or percentage ownership.

Key Players & Entities

• Shaun Noll (person) — Reporting Person, significant shareholder of DIRTT Environmental Solutions Ltd.
• DIRTT Environmental Solutions Ltd. (company) — Issuer of the securities being reported on (DRTT)
• January 18, 2024 (date) — Date of the SC 13D/A filing
• January 9, 2023 (date) — Date of event requiring the filing of this statement
• Common Shares, no par value (other) — Title of Class of Securities held by Shaun Noll

FAQ

Key Financial Figures

• $0.35 — of Rights at a subscription price of CA$0.35 per Common Share. WWT1 exercised Rights

Filing Documents

• ff2924694_13da-noll.htm (SC 13D/A) — 73KB
• 0000895345-24-000010.txt ( ) — 74KB

(a)-(b) is hereby amended and restated in its entirety as follows

Item 5(a)-(b) is hereby amended and restated in its entirety as follows: The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover pages of this Amendment No. 8 is incorporated by reference in its entirety into this Item 5. The percentages of the outstanding Common Shares reported herein as beneficially owned by the Reporting Persons are based upon 191,091,952 Common Shares outstanding on January 9, 2024, as announced by the Issuer in a Periodic Report on Form 8-K filed with the SEC on the same date.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Dated: January 18, 2023 SHAUN NOLL By: /s/ Shaun Noll Name: Shaun Noll WWT OPPORTUNITY #1 LLC By: /s/ Shaun Noll Name: Shaun Noll Title: Managing Member

View Full Filing

View this SC 13D/A filing on SEC EDGAR