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L.I.A. Pure Capital Ltd. reported beneficial ownership of 96,864 IM Cannabis Corp. (IMCC) common shares, or 4.99%, as of September 30, 2026. The reported amount consists of shares issuable upon warrants exercisable within 60 days, subject to a 4.99% beneficial-ownership limit. IM Cannabis Corp. had 1,844,162 common shares issued and outstanding on that date.
The report excludes 4,050,579 additional shares issuable upon warrants and additional shares issuable upon conversion of convertible promissory notes with an aggregate principal amount of $1,890,602, because the limit restricts exercise or conversion when the reporting person and related parties would exceed 4.99% ownership.
Key Figures
Beneficially owned shares:96,864 sharesPercentage of class:4.99%Additional warrant shares excluded:4,050,579 shares+2 more
5 metrics
Beneficially owned shares96,864 sharesReported as of September 30, 2026; issuable upon warrants exercisable within 60 days
Percentage of class4.99%Beneficial ownership reported as of September 30, 2026
Additional warrant shares excluded4,050,579 sharesExcluded because of the beneficial-ownership limitation
Convertible promissory notes$1,890,602 aggregate principal amountAdditional shares issuable upon conversion are excluded because of the beneficial-ownership limitation
Common shares outstanding1,844,162 sharesIM Cannabis Corp. shares issued and outstanding as of September 30, 2026
A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.
convertible promissory notesfinancial
"additional Shares issuable upon conversion of convertible promissory notes"
A convertible promissory note is a loan a company takes that can later be turned into shares instead of being paid back in cash; think of lending money now in exchange for a voucher that can become ownership later. Investors care because it mixes credit risk and potential ownership upside—it can protect lenders if a company struggles while also diluting existing shareholders when converted, affecting future share value and investor returns.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many IMCC shares does L.I.A. Pure Capital report beneficially owning?
L.I.A. Pure Capital reported 96,864 shares, or 4.99%, as of September 30, 2026. The shares are issuable upon warrants exercisable within 60 days, subject to a 4.99% beneficial-ownership limit.
What securities are excluded from L.I.A. Pure Capital’s reported IMCC ownership?
The reported amount excludes 4,050,579 additional warrant shares and additional shares issuable upon conversion of notes with an aggregate principal amount of $1,890,602. The limit applies when exercise or conversion would cause the reporting person, its affiliates, and persons acting as a group to own more than 4.99% of the outstanding shares.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
IM Cannabis Corp.
(Name of Issuer)
Common Shares, no par value per share
(Title of Class of Securities)
44969Q505
(CUSIP Number)
09/30/2026
(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):
44969Q505
1
Names of Reporting Persons
L.I.A. Pure Capital Ltd.
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
ISRAEL
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
96,864.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
96,864.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
96,864.00
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)
4.99 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: *Percentage calculated based on 1,844,162 common shares, no par value per share (the "Shares"), of IM Cannabis Corp. (the "Issuer") issued and outstanding as of the date hereof, which amount was provided to the Reporting Person by the Issuer.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
IM Cannabis Corp.
(b)
Address of issuer's principal executive offices:
Kibbutz Glil Yam, Central District, Israel 4690500
Item 2.
(a)
Name of person filing:
L.I.A. Pure Capital Ltd.
(b)
Address or principal business office or, if none, residence:
20 Raoul Wallenberg Street, Tel Aviv, Israel 6971916
(c)
Citizenship:
Israel
(d)
Title of class of securities:
Common Shares, no par value per share
(e)
CUSIP No.:
44969Q505
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:
See items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Person, which is incorporated herein.
Amount beneficially owned by the Reporting Person consists of 96,864 Shares issuable upon the exercise of warrants held by the Reporting Person that are exercisable within 60 days of the date hereof, after giving effect to the beneficial ownership limitation described below. The warrants contain a beneficial ownership limitation that precludes the Reporting Person from exercising such warrants to the extent that, upon such exercise, the Reporting Person, together with its affiliates and any other persons acting as a group with the Reporting Person or any of its affiliates, would beneficially own more than 4.99% of the outstanding Shares.
The amount beneficially owned excludes (i) an additional 4,050,579 Shares issuable upon exercise of warrants held by the Reporting Person and (ii) additional Shares issuable upon conversion of convertible promissory notes held by the Reporting Person in the aggregate principal amount of $1,890,602 (the "Notes"), in each case, because the applicable warrants and Notes contain a beneficial ownership limitation that precludes the Reporting Person from exercising or converting such securities, as applicable, to the extent that, upon such exercise or conversion, the Reporting Person, together with its affiliates and any other persons acting as a group with the Reporting Person or any of its affiliates, would beneficially own more than 4.99% of the outstanding Shares.
(b)
Percent of class:
See items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Person, which is incorporated herein.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Person, which is incorporated herein.
(ii) Shared power to vote or to direct the vote:
See items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Person, which is incorporated herein.
(iii) Sole power to dispose or to direct the disposition of:
See items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Person, which is incorporated herein.
(iv) Shared power to dispose or to direct the disposition of:
See items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Person, which is incorporated herein.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
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.
Not Applicable
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.
