Gleb Fetisov Takes 5.1% Passive Stake in Save Foods, Inc.

Ticker: NXTS · Form: SC 13G · Filed: Feb 1, 2024 · CIK: 1789192

Complexity: simple

Sentiment: bullish

Topics: insider-buy, passive-investment, ownership-change

TL;DR

**New investor Gleb Fetisov just bought 5.1% of Save Foods (SVFD) shares, a passive stake.**

AI Summary

Gleb Fetisov, a Cyprus-based individual, reported acquiring beneficial ownership of 86,027 shares of Save Foods, Inc. (NASDAQ: SVFD) common stock, representing 5.1% of the company's outstanding shares, as of November 14, 2023. This filing, an SC 13G, indicates a passive investment, meaning Fetisov does not intend to influence or control the company's management or operations. For current or prospective shareholders, this signals a new significant investor who sees value in Save Foods, potentially boosting confidence in the stock.

Why It Matters

A new significant investor, Gleb Fetisov, has acquired a 5.1% stake in Save Foods, Inc., which could be seen as a vote of confidence in the company's future prospects.

Risk Assessment

Risk Level: low — This filing indicates a passive investment, meaning the investor is not seeking to control or influence the company, which generally poses low risk to existing shareholders.

Analyst Insight

A smart investor would note this new passive institutional interest as a potential positive signal, but should still conduct their own due diligence on Save Foods, Inc.'s fundamentals and future prospects before making any investment decisions.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

Who is the reporting person in this SC 13G filing?

The reporting person is Gleb Fetisov, as stated in 'NAMES OF REPORTING PERSONS Gleb Fetisov' on the cover page.

What is the total number of shares of Save Foods, Inc. common stock beneficially owned by Gleb Fetisov?

Gleb Fetisov beneficially owns 86,027 shares, as indicated by 'SOLE VOTING POWER 86,027' and 'SOLE DISPOSITIVE POWER 86,027' in the filing.

What percentage of Save Foods, Inc.'s common stock does Gleb Fetisov now own?

Gleb Fetisov owns 5.1% of the class of securities, as stated in the filing's summary table.

What was the date of the event that required this SC 13G filing?

The date of the event which required the filing of this statement was November 14, 2023, as specified on the cover page.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(c), as indicated by the checked box '☒ Rule 13d-1(c)' on the cover page.

Filing Stats: 772 words · 3 min read · ~3 pages · Grade level 9.2 · Accepted 2024-02-01 16:31:28

Key Financial Figures

Filing Documents

From the Filing

SC 13G 1 d764657dsc13g.htm SC 13G SC 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Save Foods, Inc. (Name of Issuer) Common Stock, $0.0001 par value per share (Title of Class of Securities) 80512Q303 (CUSIP Number) November 14, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 80512Q303 1 NAMES OF REPORTING PERSONS Gleb Fetisov 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)(b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cyprus NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER 86,027 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 86,027 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 86,027 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.9% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN Item1(a). Name of Issuer : Save Foods, Inc. Item1(b). Address of Issuers Principal Executive Offices : HaPardes 134 (Meshek Sander) Neve Yarak, Israel Item2(a). Names of Persons Filing : The names of the person filing this report (Reporting Person) is: Gleb Fetisov Item2(b). Address of Principal Business Office or, if None, Residence : The address of Reporting Person is: One Tower Limassol 355 28 th Octovriou Av. Limassol, 3107, Cyprus Item2(c). Citizenship : Mr. Fetisov is a citizen of Cyprus Item2(d). Title of Class of Securities : Common Stock, $0.0001 par value per share (Common Stock) Item2(e). CUSIP Number : 80512Q303 Item3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: Not applicable. Item4. The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Schedule 13G. The ownership percentages reported are based on 1,466,844 shares of Common Stock outstanding as of November 14, 2023, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the SEC) on that same date. Based on 2,955,490 shares outstanding reported by the Issuer in its registration statement on Form S-1 filed on January 11, 2024, the Reporting Person would beneficially own 2.9% of the shares outstanding, he has accordingly checked the exit box in this filing. Item5. If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following. Item6. Not applicable. Item7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person . Not applicable. Item8. Identification and Classification of Members of the Group . Not applicable. Item9. Notice of Dissolution of Group . Not applicable. Item10. 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. SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this Date: February 1, 2024 Gleb Fetisov By: /s/ Gleb Fetisov

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