Apis Growth 13 discloses 5.7% Lesaka Technologies (LSAK) stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Apis Growth 13 Limited filed an amended Schedule 13G reporting a passive ownership stake in Lesaka Technologies, Inc. common stock. Apis Growth 13 beneficially owns 4,804,062 shares, representing 5.7% of Lesaka’s common stock, based on 84,086,399 shares outstanding as of November 3, 2025.
Directors Mr. Sattish Lalljee and Mr. Xie Fei Pang Wong Lin may be deemed to share voting and dispositive power over these shares through Apis Growth 13. The reporting persons certify that the holdings were not acquired to change or influence control of Lesaka.
Positive
- None.
Negative
- None.
FAQ
What stake in Lesaka Technologies (LSAK) does Apis Growth 13 report?
Apis Growth 13 Limited reports beneficial ownership of 4,804,062 shares of Lesaka Technologies common stock, representing 5.7% of the class. This percentage is calculated using 84,086,399 shares outstanding as of November 3, 2025, as disclosed in Lesaka’s Form 10-Q.
Who are the reporting persons in this Lesaka Technologies (LSAK) Schedule 13G/A?
The reporting persons are Apis Growth 13 Limited, Mr. Sattish Lalljee, and Mr. Xie Fei Pang Wong Lin, all associated with Mauritius. Lalljee and Pang Wong Lin are directors of Apis Growth 13 Limited and may be deemed to have voting and dispositive power over the reported shares.
How is the 5.7% ownership in Lesaka Technologies (LSAK) calculated?
The 5.7% ownership figure is based on Lesaka Technologies having 84,086,399 common shares outstanding as of November 3, 2025. Apis Growth 13’s beneficial ownership of 4,804,062 shares is divided by this share count, as referenced from Lesaka’s Form 10-Q filed November 5, 2025.
Do the reporting persons seek to influence control of Lesaka Technologies (LSAK)?
The reporting persons certify the securities were not acquired and are not held for the purpose of changing or influencing control of Lesaka. They also state the holdings are not in connection with any transaction intended to have that control-changing effect, except certain nomination activities.
What type of filing is this for Lesaka Technologies (LSAK) and what does it indicate?
This is an amended Schedule 13G, a beneficial ownership report typically used by passive investors holding more than 5% of a company’s shares. It updates Lesaka Technologies’ records to show Apis Growth 13’s 5.7% stake and associated voting and dispositive powers.