Abuhoff Amends Innodata Stake Filing

TL;DR

Abuhoff updated his Innodata stake filing. Keep an eye on this one.

AI Summary

Jack S. Abuhoff filed an amendment (No. 5) to Schedule 13D on November 4, 2024, concerning Innodata Inc. The filing indicates a change in beneficial ownership of the company's common stock. Abuhoff's address is listed as c/o Innodata Inc., 55 Challenger Road, Ridgefield Park, New Jersey.

Why It Matters

This filing signals a potential shift in control or influence over Innodata Inc. by a significant shareholder, which could impact the company's strategic direction and stock performance.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can precede significant corporate actions or shifts in control, introducing uncertainty.

Key Numbers

• Amendment No. 5 — Filing Amendment (Indicates this is a subsequent update to the original filing.)

Key Players & Entities

• Jack S. Abuhoff (person) — Filing party and beneficial owner
• Innodata Inc. (company) — Subject company
• David C. Schwartz (person) — Legal counsel for filing party
• Morgan, Lewis & Bockius LLP (company) — Law firm representing filing party

FAQ

Key Financial Figures

• $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securiti

Filing Documents

• tm2427302d1_sc13da.htm (SC 13D/A) — 31KB
• 0001104659-24-113900.txt ( ) — 33KB

Security

Item 1. Security and Issuer

Identity

Item 2. Identity and Background

Source

Item 3. Source and Amount of Funds or Other Considerations

is hereby amended

Item 3 is hereby amended and supplemented as follows: The 3,837,950 shares beneficially owned by the Reporting Person as of November 2, 2024 included 2,649,592 shares issuable upon the exercise of stock options, 1,816,666 of which were vested and exercisable and 832,926 of which will vest and become exercisable within 60 days of the date of filing of this Amendment No. 5. The shares beneficially owned by the Reporting Person as of November 2, 2024 also included 144,852 shares purchased by the Reporting Person in the open market with personal funds and 1,043,506 shares acquired by the Reporting Person as a result of a stock option exercises using personal funds or by stock settlement. The Reporting Person received all of the foregoing stock options in connection with his employment by the Issuer. The Reporting Person intends to either use personal funds to purchase any shares acquired upon exercise of the stock options or to stock settle the stock options whereby the Issuer would withhold shares of Common Stock resulting from the exercise with a value equal to the exercise price of the stock option and the minimum tax withholding requirements of the Issuer.

Purpose

Item 4. Purpose of Transaction

Interest

Item 5. Interest in Securities of the Issuer

is hereby amended

Item 5 is hereby amended and supplemented as follows: (a) As of November 2, 2024, the Reporting Person beneficially owned 3,837,950 shares, or 12.13% of the Issuer’s Common Stock. These shares included 1,188,358 shares of Common Stock and 2,649,592 shares issuable upon exercise of stock options, 1,816,666 of which were vested and exercisable and 832,926 of which may be issued upon the exercise of stock options that will vest and become exercisable within 60 days of the date of filing of this Amendment No. 5. (b) As of November 2, 2024, the Reporting Person has sole voting and dispositive power over 3,837,950 shares of the Issuer’s Common Stock. These shares include 1,188,358 shares of Common Stock and 2,649,592 shares issuable upon exercise of stock options, 1,816,666 of which were vested and exercisable and 832,926 of which may be issued upon the exercise of stock options that will vest and become exercisable within 60 days of the date of filing of this Amendment No. 5. As of November 2, 2024, the Reporting Person did not share voting or dispositive power over any shares of the Issuer’s Common Stock. (c) Not applicable. CUSIP No. 457642205 Page 4 of 5 (d) Not applicable. (e) Not applicable.

Contracts,

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Material

Item 7. Material to Be Filed as Exhibits CUSIP No. 457642205 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. Dated: November 4, 2024 /s/ Jack S. Abuhoff Jack S. Abuhoff

View Full Filing

View this SC 13D/A filing on SEC EDGAR