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Glucotrack: White Lion reports 9.99% stake

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Form Type
SCHEDULE 13G

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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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
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.
commitment share common warrants financial
"commitment share common warrants ("Common Warrants")"

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.

How many Glucotrack (GCTK) shares does White Lion Capital LLC currently hold directly?

White Lion Capital LLC directly holds 77,492 shares of Glucotrack common stock as of the filing date. The higher reported beneficial amount reflects potential shares issuable under financing agreements, assuming ownership limits of 9.99% for Rule 13d-3 calculations.

What is the Glucotrack (GCTK) share count used for White Lion’s 13G calculation?

The reported 9.99% beneficial ownership is calculated using 798,144 shares of Glucotrack common stock outstanding as of August 28, 2026, in accordance with Rule 13d-3 under the Exchange Act.

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.

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Learn about SEC filing dates





45824Q887

(CUSIP Number)
08/26/2026

(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




Comment for Type of Reporting Person: (1) The shares of common stock (the "Shares") of Glucotrack, Inc. (the "Issuer") reported herein represent (i) 77,492 Shares held by White Lion Capital LLC ("White Lion"), and (ii) additional Shares that may be acquired by White Lion pursuant to (a) a common stock purchase agreement (the "Stock Purchase Agreement") with an effective date of July 14, 2026, between the Issuer and White Lion, as amended pursuant to the Amendment No. 1 to the Stock Purchase Agreement (the "Amendment"), (b) commitment shares held in abeyance ("Abeyance Shares"), (c) commitment share common warrants ("Common Warrants"), (d) a securities purchase agreement (the "Securities Purchase Agreement"), (e) a senior convertible promissory note (the "Note"), and (f) common share warrants issued pursuant to the Securities Purchase Agreement (the "SPA Warrants"). Under the Common Warrants, the Note, and the SPA Warrants, White Lion may acquire Shares (or securities convertible into or exercisable for Shares) in accordance with the respective terms and subject to the respective conditions and limitations contained therein. One of such limitations is that White Lion is prohibited from acquiring any Shares under the Common Warrants, which, when aggregated with all other Shares then beneficially owned by White Lion and its affiliates, would result in the beneficial ownership by the Fund and its affiliates to exceed 4.99% of the Shares outstanding (the "Common Warrant Ownership Limitation"). White Lion may increase the Common Warrant Ownership Limitation up to 9.99% upon sixty-one (61) days prior written notice to the Issuer. Another limitation is that White Lion is prohibited from acquiring any Shares under the Note which, when aggregated with all other Shares then beneficially owned by White Lion and its affiliates, would result in the beneficial ownership by the Fund and its affiliates to exceed 4.9% of the Shares outstanding (the "Note Ownership Limitation"). White Lion may increase the Note Ownership Limitation up to 9.9% upon written notice to the Issuer. Another limitation is that White Lion is prohibited from acquiring any Shares under the SPA Warrants, which, when aggregated with all other Shares then beneficially owned by White Lion and its affiliates, would result in the beneficial ownership by the Fund and its affiliates to exceed 4.99% of the Shares outstanding (the "SPA Warrant Ownership Limitation"). White Lion may increase the SPA Warrant Ownership Limitation up to 9.99% upon sixty-one (61) days prior written notice to the Issuer. Furthermore, under the Stock Purchase Agreement, at the Issuer's sole discretion, White Lion may be required to purchase Shares, in accordance with the terms and subject to the conditions and limitations of the Purchase Agreement. One of such limitations is that the Fund is prohibited from acquiring any Shares under the Purchase Agreement, which, when aggregated with all other Shares then beneficially owned by the Fund and its affiliates, would result in the beneficial ownership by the Fund and its affiliates to exceed 4.99% of the Shares outstanding (the "Purchase Agreement Ownership Limitation" and together with the Common Warrant Ownership Limitation, the Note Ownership Limitation, and the SPA Warrant Limitation, the "Ownership Limitations"). For the sake of clarity, White Lion owns 77,492 Shares as of the date of the filing and currently has no right to acquire Shares currently held in abeyance or upon exercise of outstanding Common Warrants, and Note as of the date of the filing due to the Ownership Limitations. Solely for the purposes of Rule 13d-3 and this Schedule 13G, White Lion is filing this report to reflect that it may beneficially own Shares pursuant to the Stock Purchase Agreement, Common Warrants, Note, and SPA Warrants as if the Ownership Limitations were 9.99% even if, in the future, it ceases to hold the Shares it currently holds. The filing of this report shall not be deemed an admission, for purposes of Section 13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. (2) Calculated in accordance with Rule 13d-3 promulgated under the Exchange Act and based on 798,144 shares of Common Stock outstanding as of August 28, 2026.


SCHEDULE 13G



White Lion Capital LLC
Signature:/s/ Yash Thukral
Name/Title:Yash Thukral, Managing Partner
Date:09/02/2026