Shaun Noll Amends DIRTT Environmental Solutions Stake Filing

TL;DR

Noll updated his 13D filing for DIRTT. Check the details.

AI Summary

Shaun Noll, through an amended Schedule 13D filing dated August 6, 2024, has updated his beneficial ownership of DIRTT Environmental Solutions Ltd. common shares. The filing indicates a change in the date of the event requiring this statement to August 2, 2024. Noll's address is listed as 2494 Sand Hill Rd., Menlo Park, CA.

Why It Matters

This filing provides updated information on significant beneficial ownership changes, which can signal shifts in investor sentiment or potential strategic moves concerning DIRTT Environmental Solutions Ltd.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant investor activity, which can lead to increased volatility and potential risk for other shareholders.

Key Players & Entities

• Shaun Noll (person) — Filing person and beneficial owner
• DIRTT Environmental Solutions Ltd. (company) — Subject company
• August 6, 2024 (date) — Filing date
• August 2, 2024 (date) — Date of event requiring filing

FAQ

Filing Documents

• ff3713124_13da9-noll.htm (SC 13D/A) — 75KB
• 0000895345-24-000331.txt ( ) — 77KB

is hereby amended by incorporating the disclosure set forth in Item 6 of this Amendment No. 9

Item 4 is hereby amended by incorporating the disclosure set forth in Item 6 of this Amendment No. 9. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.

(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. 9 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 191,880,226 Common Shares outstanding on April 30, 2024, as announced by the Issuer in a Periodic Report on Form 8-K filed with the SEC on May 8, 2024. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. On August 2, 2024, the Issuer announced events including its entry that day into a Support and Standstill Agreement (the "Support Agreement") with certain Issuer shareholders including WWT1. See the Current Report on Form 8-K filed by the Issuer with the Securities and Exchange Commission on August 2, 2024. Pursuant to the Support Agreement, WWT1 has agreed to certain voting obligations in respect of itself and its affiliates, including voting in favor of the management director nominees at each of the Issuer's next two annual general meetings and voting in favor of the ratification of the amended and restated shareholder rights plan (the "A&R SRP") adopted by the Issuer's board of directors on August 2, 2024. WWT1 also agreed in the Support Agreement that until the date 90 days following the Issuer's 2026 annual general meeting (such date, or such earlier date on which the Support Agreement shall terminate as provided therein, including upon the failure of certain specified events to timely occur, the "Support Agreement Termination Date"), WWT1 and its affiliates shall not beneficially own or exercise control or direction over, more than 57,447,988 Common Shares (subject to adjustment for stock splits, reclassifications, combinations and similar adjustments). Further, until the Termination Date, WWT1 shall not make any unsolicited takeover bid for t

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 6, 2024 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