L1 Capital funds sell 714,138 Anteris Technologies Global Corp. (AVR)
Rhea-AI Filing Summary
Funds controlled and managed by L1 Capital Pty Ltd, a 10% owner of Anteris Technologies Global Corp., reported selling a total of 714,138 shares of common stock on July 29 and 30, 2026. Sales included 558,633 shares at $8.20 per share on July 30 and 155,505 shares on July 29 at prices ranging from $8.03–$8.06 per share.
As of July 29, 2026, the funds indirectly held 5,359,470 underlying shares through CHESS Depository Interests, each representing one share of common stock and exchangeable for common shares within 60 days.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 714,138 shares
Net Sell
3 txns
Insider
L1 Capital Pty Ltd
Role
10% Owner
Sold
714,138 shs ($5.83M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F3 | 558,633 | $8.20 | $4.58M |
| Sale | Common Stock F1, F2, F3 | 155,505 | $8.04 | $1.25M |
| holding | CHESS Depository Interests F1, F4, F5, F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,633,314 shares (Indirect, See footnote);
CHESS Depository Interests — 5,359,470 shares (Indirect, See footnote)
Footnotes (5)
- F1. In submitting this Form 4, the Reporting Person does not admit that it is obligated to file ownership reports under the Securities Exchange Act of 1934 since it is exempt under Rule 16a-2.
- F2. The shares were sold in multiple transactions at prices ranging from $8.03 - $8.06. Upon request, full information regarding the number of shares sold at each separate price can be provided.
- F3. The shares are owned by the L1 Long Short Fund Limited, the L1 Capital Long Short Fund, the L1 Capital Long Short (Master) Fund, L1 Capital Global Long Short (Master) Fund, L1 Capital Global Long Short Fund, L1 Capital Global Long Short (AUD Offshore) Fund and L1 Global Long Short Fund Limited, all controlled and managed by L1 Capital Pty Ltd.
- F4. The CHESS Depository Interests represent one underlying share of the Issuers common stock and are exchangeable for shares of the Issuers common stock within 60 days.
- F5. Not applicable
Key Figures
Shares sold on July 30, 2026: 558,633 shares
Shares sold on July 29, 2026: 155,505 shares
Total shares sold: 714,138 shares
+2 more
5 metrics
Shares sold on July 30, 2026
558,633 shares
Indirect sale of Anteris Technologies Global common stock at $8.20 per share
Shares sold on July 29, 2026
155,505 shares
Indirect sale of common stock at prices from $8.03–$8.06 per share
Total shares sold
714,138 shares
Aggregate of reported common stock sales on July 29 and 30, 2026
Underlying shares via CHESS Depository Interests
5,359,470 shares
Indirect holdings represented by CHESS Depository Interests as of July 29, 2026
Per-share price on July 30 sale
$8.20 per share
Price for 558,633-share indirect sale of common stock
Key Terms
CHESS Depository Interests, Rule 16a-2, indirect ownership
3 terms
CHESS Depository Interests financial
"The CHESS Depository Interests represent one underlying share of the Issuers common stock"
CHESS depository interests are tradable certificates on the Australian market that represent ownership of underlying foreign or non-Australian shares held by a custodian, while the actual shares remain registered overseas. They let local investors buy, sell and receive entitlements from those overseas securities as if they were domestic shares — like holding a parking pass for a car kept in another city — and matter because they simplify trading, settlement and dividend access.
Rule 16a-2 regulatory
"it is exempt under Rule 16a-2"
indirect ownership financial
"The shares are owned by the L1 Long Short Fund Limited... all controlled and managed by L1 Capital"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did L1 Capital Pty Ltd report in its Form 4 for AVR?
L1 Capital Pty Ltd, as manager of several investment funds and a 10% owner of Anteris Technologies Global Corp. (AVR), reported selling a combined 714,138 shares of common stock on July 29 and 30, 2026, in transactions coded as open-market or private sales.
What AVR holdings did L1 Capital-managed funds report via CHESS Depository Interests?
As of July 29, 2026, funds controlled by L1 Capital reported holding 5,359,470 CHESS Depository Interests, each representing one underlying share of Anteris Technologies Global common stock and exchangeable for common shares within 60 days.
Are L1 Capital’s AVR positions held directly or indirectly?
The reported AVR common stock and CHESS Depository Interests are held indirectly by several investment funds, including multiple L1 Long Short and L1 Capital Global Long Short vehicles, all of which are controlled and managed by L1 Capital Pty Ltd.
What are CHESS Depository Interests in relation to Anteris Technologies Global (AVR) stock?
The Form 4 explains that CHESS Depository Interests each represent one underlying share of Anteris Technologies Global common stock and can be exchanged for common shares within 60 days, providing a traded instrument that mirrors ownership of the underlying stock.
Were the AVR trades reported by L1 Capital made under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox was not marked as affirming a trading plan, and the related footnotes do not reference any Rule 10b5-1 arrangement for the Anteris Technologies Global Corp. (AVR) share sales reported by L1 Capital-managed funds.