A group of investment entities affiliated with Luxor Capital, including Thebes Offshore Master Fund and Qena Capital Partners Offshore Master Fund, reports beneficial ownership of 3,550,548 Common Shares of A2Z Cust2Mate Solutions Corp. as of June 30, 2026.
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A group of investment entities affiliated with Luxor Capital, including Thebes Offshore Master Fund and Qena Capital Partners Offshore Master Fund, reports beneficial ownership of 3,550,548 Common Shares of A2Z Cust2Mate Solutions Corp. as of June 30, 2026. This represents 7.9% of the company’s Common Shares outstanding, based on 45,075,009 shares outstanding as of May 14, 2026. Thebes Master Fund directly holds 3,409,951 shares and Qena Master Fund holds 70,400 shares, with voting and dispositive power generally shared among the Luxor-related entities and their principals.
Key Figures
Beneficial ownership:3,550,548 Common SharesOwnership percentage:7.9%Shares outstanding:45,075,009 Common Shares+2 more
5 metrics
Beneficial ownership3,550,548 Common SharesShares beneficially owned by the reporting group as of June 30, 2026
Ownership percentage7.9%Percent of A2Z Cust2Mate Common Shares beneficially owned by the reporting group
Shares outstanding45,075,009 Common SharesIssuer’s Common Shares outstanding as of May 14, 2026
Thebes Master Fund holding3,409,951 Common SharesShares beneficially owned by Thebes Offshore Master Fund as of June 30, 2026
Qena Master Fund holding70,400 Common SharesShares beneficially owned by Qena Capital Partners Offshore Master Fund as of June 30, 2026
Key Terms
beneficially owned, shared voting power, shared dispositive power, percent of class, +1 more
5 terms
beneficially ownedfinancial
"As of the close of business on June 30, 2026: (i) Thebes Master Fund beneficially owned 3,409,951 Common Shares"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting powerfinancial
"5 | Sole Voting Power 0.00 6 | Shared Voting Power 3,409,951.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"7 | Sole Dispositive Power 0.00 8 | Shared Dispositive Power 3,409,951.00"
percent of classfinancial
"(b) | Percent of class: As of the close of business on June 30, 2026"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Schedule 13Gregulatory
"If a group has filed this schedule pursuant to 1(b)(1)(ii)(J), so indicate under Item 3(j)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of A2Z Cust2Mate Solutions Corp. (AZ) do the Luxor-affiliated funds report owning?
The Luxor-affiliated reporting group may be deemed to beneficially own 7.9% of A2Z Cust2Mate Solutions Corp.’s Common Shares, representing 3,550,548 shares based on 45,075,009 shares outstanding as of May 14, 2026.
How many A2Z Cust2Mate (AZ) shares are held by Thebes Offshore Master Fund and Qena Capital Partners Offshore Master Fund?
As of June 30, 2026, Thebes Offshore Master Fund beneficially owned 3,409,951 Common Shares and Qena Capital Partners Offshore Master Fund beneficially owned 70,400 Common Shares of A2Z Cust2Mate Solutions Corp.
What total share count did the 7.9% A2Z Cust2Mate (AZ) ownership stake rely on?
The reported 7.9% beneficial ownership of A2Z Cust2Mate Solutions Corp. is based on 45,075,009 Common Shares outstanding as of May 14, 2026, as referenced from a company disclosure dated May 15, 2026.
Which entities and individuals are included in the Luxor group reporting ownership in A2Z Cust2Mate (AZ)?
The reporting group includes Thebes Master Fund, Qena Master Fund, Thebes GP, LCG Holdings, Luxor Capital Group, Luxor Management, and individuals Michael Conboy and Christian Leone, who may be deemed to share beneficial ownership.
Do the Luxor-related entities report shared voting and dispositive power over A2Z Cust2Mate (AZ) shares?
Yes. The Luxor-related entities report shared voting and dispositive power over the A2Z Cust2Mate Common Shares they beneficially own, with no sole voting or dispositive power reported for these positions.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
A2Z CUST2MATE SOLUTIONS CORP.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
002205102
(CUSIP Number)
08/14/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
002205102
1
Names of Reporting Persons
Thebes Offshore Master Fund, LP
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,409,951.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,409,951.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,409,951.00
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)
7.6 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
002205102
1
Names of Reporting Persons
Qena Capital Partners Offshore Master Fund, LP
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
70,400.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
70,400.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
70,400.00
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)
0.2 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
002205102
1
Names of Reporting Persons
Thebes GP, LLC
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,409,951.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,409,951.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,409,951.00
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)
7.6 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
002205102
1
Names of Reporting Persons
LCG Holdings, LLC
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
70,400.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
70,400.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
70,400.00
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)
0.2 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
002205102
1
Names of Reporting Persons
Luxor Capital Group, LP
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,550,548.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,550,548.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,550,548.00
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)
7.9 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Items 6, 8, and 9 include 70,197 Common Shares held in an account sub-advised by Luxor Capital Group, LP. See Item 4 for more information.
SCHEDULE 13G
CUSIP Number(s):
002205102
1
Names of Reporting Persons
Luxor Management, LLC
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,550,548.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,550,548.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,550,548.00
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)
7.9 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Items 6, 8, and 9 include 70,197 Common Shares held in an account sub-advised by Luxor Capital Group, LP. See Item 4 for more information.
SCHEDULE 13G
CUSIP Number(s):
002205102
1
Names of Reporting Persons
Michael Conboy
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
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,409,951.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,409,951.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,409,951.00
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)
7.6 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
CUSIP Number(s):
002205102
1
Names of Reporting Persons
Christian Leone
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
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,550,548.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,550,548.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,550,548.00
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)
7.9 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: Items 6, 8, and 9 include 70,197 Common Shares held in an account sub-advised by Luxor Capital Group, LP. See Item 4 for more information.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
A2Z CUST2MATE SOLUTIONS CORP.
(b)
Address of issuer's principal executive offices:
1600 - 609 Granville Street Vancouver, British Columbia, Canada V7Y 1C3
Item 2.
(a)
Name of person filing:
The names and citizenships of the persons filing this statement on Schedule 13G are (collectively, the "Reporting Persons"):
Thebes Offshore Master Fund, LP ("Thebes Master Fund")
Qena Capital Partners Offshore Master Fund, LP ("Qena Master Fund")
Thebes GP, LLC ("Thebes GP")
LCG Holdings, LLC ("LCG Holdings")
Luxor Capital Group, LP ("Luxor Capital Group")
Luxor Management, LLC ("Luxor Management")
Michael Conboy ("Mr. Conboy")
Christian Leone ("Mr. Leone")
(b)
Address or principal business office or, if none, residence:
The principal business address of each of Thebes GP, LCG Holdings, Luxor Capital Group, Luxor Management, Mr. Conboy and Mr. Leone is 7 Times Square, 43rd Floor, New York, New York 10036.
The principal business address of each of Thebes Master Fund and Qena Master Fund is c/o Maples Corporate Services Limited, P.O. Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands.
(c)
Citizenship:
Each of Thebes Master Fund and Qena Master Fund is organized under the laws of the Cayman Islands. Each of Thebes GP, LCG Holdings, Luxor Capital Group and Luxor Management is organized under the laws of the State of Delaware. Mr. Leone and Mr. Conboy are each citizens of the United States.
(d)
Title of class of securities:
Common Shares
(e)
CUSIP No.:
002205102
Item 3.
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:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of the close of business on June 30, 2026:
(i) Thebes Master Fund beneficially owned 3,409,951 Common Shares;
(ii) Qena Master Fund beneficially owned 70,400 Common Shares;
(iii) Thebes GP, as the general partner of Thebes Master Fund, may be deemed to have beneficially owned 3,409,951 Common Shares beneficially owned by Thebes Master Fund;
(iv) Mr. Conboy, as the managing member of Thebes GP, may be deemed to have beneficially owned the 3,409,951 Common Shares beneficially owned by Thebes GP;
(v) LCG Holdings, as the general partner of Qena Master Fund, may be deemed to have beneficially owned 70,400 Common Shares beneficially owned by Qena Master Fund;
(vi) Luxor Capital Group, as the investment manager of client accounts, including Thebes Master Fund, Qena Master Fund, and an account with respect to which it acts as a sub-adviser, may be deemed to have beneficially owned the 3,550,548 Common Shares beneficially owned by such client accounts;
(vii) Luxor Management, as the general partner of Luxor Capital Group, may be deemed to have beneficially owned the 3,550,548 Common Shares beneficially owned by Luxor Capital Group; and
(viii) Mr. Leone, as the managing member of Luxor Management, may be deemed to have beneficially owned the 3,550,548 Common Shares beneficially owned by Luxor Management.
(b)
Percent of class:
As of the close of business on June 30, 2026, the Reporting Persons may be deemed to have beneficially owned 3,550,548 shares of the Issuer's Common Shares or 7.9% of the Issuer's Common Shares outstanding, which percentage was calculated based on 45,075,009 of the Issuer's Common Shares outstanding as of May 14, 2026, as reported in Exhibit 99.2 of the Issuer's 6-K filed with the Securities and Exchange Commission on May 15, 2026. Specifically, as of the close of business on June 30, 2026, each Reporting Person beneficially owned such percentage as reflected in Item 11 of the applicable Cover Page hereto.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Cover Pages Items 5-9.
(ii) Shared power to vote or to direct the vote:
See Cover Pages Items 5-9.
(iii) Sole power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
(iv) Shared power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit A of the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on March 25, 2026.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
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 my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Thebes Offshore Master Fund, LP
Signature:
/s/ Jonah Glickstein
Name/Title:
Jonah Glickstein, General Counsel of Thebes GP, LLC, the General Partner of Thebes Offshore Master Fund, LP
Date:
08/14/2026
Qena Capital Partners Offshore Master Fund, LP
Signature:
/s/ Jonah Glickstein
Name/Title:
Jonah Glickstein, General Counsel of LCG Holdings, LLC, the General Partner Of Qena Capital Partners Offshore Master Fund, LP
Date:
08/14/2026
Thebes GP, LLC
Signature:
/s/ Jonah Glickstein
Name/Title:
Jonah Glickstein, General Counsel
Date:
08/14/2026
LCG Holdings, LLC
Signature:
/s/ Jonah Glickstein
Name/Title:
Jonah Glickstein, General Counsel
Date:
08/14/2026
Luxor Capital Group, LP
Signature:
/s/ Jonah Glickstein
Name/Title:
Jonah Glickstein, General Counsel of Luxor Management, LLC, the General Partner of Luxor Capital Group, LP
