L1 Capital funds boost Anteris Technologies (AVR) stake with 5M-share buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
L1 Capital Pty Ltd, as reporting person, disclosed large indirect purchases of Anteris Technologies Global Corp. common equity through funds it controls and manages. On 01/22/2026, investment funds managed by L1 Capital bought 5,000,000 shares of common stock at $5.75 per share, bringing their indirectly beneficially owned common shares to 13,219,814.
The filing also shows that on 10/28/2025, these funds purchased 1,333,334 CHESS Depository Interests at $4.935 each. Each CHESS Depository Interest represents one underlying share of Anteris common stock and is exchangeable for those shares within 60 days, giving exposure to the same number of underlying common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,333,334 shares ($35,330,003)
Net Buy
2 txns
Insider
L1 Capital Pty Ltd
Role
10% Owner
Bought
6,333,334 shs ($35.33M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000,000 | $5.75 | $28.75M |
| Purchase | CHESS Depository Interests | 1,333,334 | $4.935 | $6.58M |
Holdings After Transaction:
Common Stock — 13,219,814 shares (Indirect, See footnote);
CHESS Depository Interests — 1,333,334 shares (Indirect, See footnote)
Footnotes (1)
- 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. The shares are owned by the L1 Long Short Fund Limited, the L1 Capital Long Short Fund, the L1 Capital Long Short (Master) Fund, the L1 Capital Global Champions Fund Fund, L1 Capital Global Long Short (Master) Fund, L1 Capital Global Long Short Fund and L1 Global Long Short Fund Limited, all controlled and managed by L1 Capital Pty Ltd. The CHESS Depository Interests each represent one underlying share of the Issuer's common stock and are exchangeable for shares of the Issuer's common stock within 60 days. Not applicable.
FAQ
What insider transaction did L1 Capital report in Anteris Technologies (AVR)?
L1 Capital, as reporting person, reported that funds it controls bought 5,000,000 Anteris common shares at $5.75 each, raising their indirectly beneficially owned stake to 13,219,814 common shares.
What is the relationship between CHESS Depository Interests and Anteris Technologies (AVR) common stock?
Each CHESS Depository Interest mentioned in the filing represents one underlying share of Anteris common stock. These interests are exchangeable for the issuer’s common shares within 60 days, linking them directly to the same number of shares.