Glucotrack: White Lion reports 9.99% stake
Rhea-AI Filing Summary
Glucotrack, Inc. (GCTK) is reported to have its common stock beneficially owned by White Lion Capital LLC, which reports beneficial ownership of 79,734 shares, representing 9.99% of the common stock outstanding, calculated under Rule 13d-3 as if certain ownership limits were 9.99%. White Lion directly owns 77,492 shares and may acquire additional shares under a stock purchase agreement, a senior convertible promissory note, commitment share warrants and other warrants, all subject to contractual ownership limitations that generally cap actual holdings at about 4.9–4.99% unless increased upon notice.
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Key Figures
Beneficially owned shares (Rule 13d-3 basis): 79,734 shares
Reported beneficial ownership percentage: 9.99%
Shares held directly: 77,492 shares
+4 more
7 metrics
Beneficially owned shares (Rule 13d-3 basis)
79,734 shares
Shares of Glucotrack common stock beneficially owned by White Lion Capital LLC for Schedule 13G purposes
Reported beneficial ownership percentage
9.99%
Percentage of Glucotrack common stock beneficially owned by White Lion Capital LLC
Shares held directly
77,492 shares
Glucotrack common shares directly owned by White Lion Capital LLC as of the filing date
Shares outstanding
798,144 shares
Glucotrack common stock outstanding as of August 28, 2026, used for ownership calculation
Sole voting power
79,734 shares
Shares over which White Lion Capital LLC has sole voting power
Sole dispositive power
79,734 shares
Shares over which White Lion Capital LLC has sole dispositive power
Ownership cap under Note and similar instruments
4.9–4.99%, with option up to 9.9–9.99%
Ownership limitations that restrict additional share acquisitions absent written notice
Key Terms
Rule 13d-3, senior convertible promissory note, beneficial ownership, Ownership Limitations, +1 more
5 terms
Rule 13d-3 regulatory
"Solely for the purposes of Rule 13d-3 and this , White Lion is filing"
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
senior convertible promissory note financial
"a senior convertible promissory note (the "Note")"
beneficial ownership financial
"would result in the beneficial ownership by the Fund and its affiliates"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Ownership Limitations financial
"the "Ownership Limitations")"
Ownership limitations are rules or contract terms that cap how much of a company any single investor or group can hold, whether set by law, a company’s governing documents, or shareholder agreements. They matter to investors because they can limit voting power, affect whether a buyer can take control, influence stock demand and liquidity, and create compliance risks—similar to a speed limit that constrains how fast any one driver can go on a road.
FAQ
What percentage of Glucotrack, Inc. (GCTK) does White Lion Capital LLC report owning?
White Lion Capital LLC reports beneficial ownership of 79,734 shares, equal to 9.99% of Glucotrack’s common stock, calculated under Rule 13d-3 based on 798,144 shares outstanding as of August 28, 2026.
What agreements give White Lion Capital LLC additional exposure to Glucotrack (GCTK)?
White Lion’s potential Glucotrack exposure comes from a Stock Purchase Agreement, a Securities Purchase Agreement, a senior convertible promissory note, Common Warrants, SPA Warrants, and Abeyance Shares, each allowing share acquisition subject to specified ownership limitations.
What ownership caps apply to White Lion’s Glucotrack (GCTK) instruments?
White Lion is generally limited to about 4.9–4.99% beneficial ownership under the Common Warrants, SPA Warrants, Note, and Purchase Agreement, but may elect to increase those limits up to 9.9–9.99% with prior written notice to Glucotrack.
AI-generated analysis. How Rhea-AI works. Not financial advice.