STOCK TITAN

White Lion Capital trims Actelis Networks (ASNS) stake, keeps large warrants

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

White Lion Capital LLC, a ten percent owner of Actelis Networks Inc, reported sales of common stock in open-market or private transactions, including 130,112.0000 shares at $0.0700 per share on July 24, 2026 and 80,449.0000 shares at $0.0700 per share on July 23, 2026, totaling 210,561 shares. The reporting person also holds warrants exercisable for up to 3,850,000.0000 underlying common shares at an exercise price of $0.0001 and 3,000,000.0000 underlying common shares at $0.2000 per share, which become exercisable only after specified reverse-split, share-authorization, or Eligible Market listing conditions and defined exercise periods.

Positive

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Negative

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Insider White Lion Capital LLC
Role 10% Owner
Sold 210,561 shs ($15K)
Type Security Shares Price Value
Sale Common Stock 130,112 $0.07 $9K
Sale Common Stock 80,449 $0.07 $6K
holding Warrants (right to purchase) F1 -- -- --
holding Warrants (right to purchase) F2 -- -- --
Holdings After Transaction: Common Stock — 2,789,439 shares (Direct); Warrants (right to purchase) — 6,850,000 shares (Direct)
Footnotes (2)
  1. F1. The warrants will have an initial exercise date at the earlier of (i) the effective date of a reverse stock split of the Company's common stock, and (ii) the effective date of an increase in the Company's authorized share count sufficient for the issuance of the shares underlying the warrants (the "Pre-Funded Warrant Initial Exercise Date"). The warrants shall be exercisable from the Pre-Funded Warrant Initial Exercise Date until exercised in full.
  2. F2. The warrants will have an initial exercise date on the date on which the Company successfully lists its Common Stock on an "Eligible Market", as such term is defined in the warrants (the "Common Warrant Initial Exercise Date"). The warrants shall be exercisable until the eighteen month anniversary of the Common Warrant Initial Exercise Date.
Common stock sold 2026-07-24 130112.0000 shares at $0.0700 Sale of Actelis Networks common stock on July 24, 2026 in open-market or private transaction
Common stock sold 2026-07-23 80449.0000 shares at $0.0700 Sale of Actelis Networks common stock on July 23, 2026 in open-market or private transaction
Total common shares sold 210561 shares Aggregate Actelis Networks common stock sales reported across July 23–24, 2026
Pre-funded warrants underlying shares 3850000.0000 shares at $0.0001 Directly held warrants to purchase Actelis Networks common stock after initial exercise conditions are met
Common warrants underlying shares 3000000.0000 shares at $0.2000 Directly held common warrants exercisable after Eligible Market listing for an 18-month period
ten percent owner regulatory
"White Lion Capital LLC is identified as a ten percent owner."
reverse stock split financial
"The warrants will have an initial exercise date at the effective date of a reverse stock split."
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
authorized share count financial
"Or the effective date of an increase in the Company's authorized share count."
Eligible Market financial
"The warrants will have an initial exercise date on listing on an Eligible Market."
Pre-Funded Warrant Initial Exercise Date financial
"Defined as the Pre-Funded Warrant Initial Exercise Date in the warrant terms."
Common Warrant Initial Exercise Date financial
"Defined as the Common Warrant Initial Exercise Date in the warrant terms."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider trading activity in Actelis Networks (ASNS) did White Lion Capital report?

White Lion Capital reported sales of Actelis Networks common stock on July 23 and 24, 2026. It sold 80,449.0000 shares at $0.0700 on July 23 and 130,112.0000 shares at $0.0700 on July 24 in open-market or private transactions.

How many Actelis Networks (ASNS) shares did White Lion Capital sell, and at what price?

Across two transactions, White Lion Capital sold 210,561 Actelis Networks common shares at a price of $0.0700 per share. The sales occurred on July 23, 2026 and July 24, 2026, and were reported as open-market or private transactions.

Were White Lion Capital’s Actelis Networks (ASNS) trades marked as made under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1(c) checkbox was not checked, so these Actelis Networks trades are not designated as executed under a Rule 10b5-1 trading plan in this report. No separate footnote indicates a pre-arranged trading plan.

What warrant holdings in Actelis Networks (ASNS) does White Lion Capital report?

White Lion Capital reports holding warrants exercisable for up to 3,850,000.0000 Actelis Networks common shares at $0.0001 per share and separate warrants for 3,000,000.0000 shares at $0.2000 per share, each subject to specified initial exercise dates and exercisability periods.

What conditions govern exercisability of the $0.0001 Actelis Networks (ASNS) warrants?

The $0.0001 warrants become exercisable on the earlier of a reverse stock split effective date or an increase in authorized share count sufficient to cover the underlying shares. After that initial exercise date, they remain exercisable until fully exercised.

When can the $0.2000 Actelis Networks (ASNS) warrants held by White Lion be exercised?

The $0.2000 warrants become exercisable when Actelis Networks successfully lists its common stock on an Eligible Market. They remain exercisable until the 18-month anniversary of that Common Warrant Initial Exercise Date, as described in the warrant terms.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
White Lion Capital LLC

(Last)(First)(Middle)
17631 VENTURA BLVD

(Street)
ENCINO CALIFORNIA 91316

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ACTELIS NETWORKS INC [ ASNS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/23/2026S80,449D$0.072,919,551D
Common Stock07/24/2026S130,112D$0.072,789,439D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Warrants (right to purchase)$0.0001 (1) (1)Common Stock3,850,0003,850,000D
Warrants (right to purchase)$0.2 (2) (2)Common Stock3,000,0003,000,000D
Explanation of Responses:
1. The warrants will have an initial exercise date at the earlier of (i) the effective date of a reverse stock split of the Company's common stock, and (ii) the effective date of an increase in the Company's authorized share count sufficient for the issuance of the shares underlying the warrants (the "Pre-Funded Warrant Initial Exercise Date"). The warrants shall be exercisable from the Pre-Funded Warrant Initial Exercise Date until exercised in full.
2. The warrants will have an initial exercise date on the date on which the Company successfully lists its Common Stock on an "Eligible Market", as such term is defined in the warrants (the "Common Warrant Initial Exercise Date"). The warrants shall be exercisable until the eighteen month anniversary of the Common Warrant Initial Exercise Date.
/s/ Nathan Yee, Managing Partner07/27/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)