Nayax (NYSE: NYAX) CEO details founder shares, warrants and options stake
Rhea-AI Filing Summary
Nayax Ltd. CEO, Co-Founder and Chairman Yair Nechmad filed an initial Form 3 detailing his ownership in the company. He reports direct holdings of 7,059,930 Ordinary Shares and an additional 33,512 Ordinary Shares, plus 1,406,075 Ordinary Shares held indirectly through Yair Nechmad Ltd. Some of these shares were originally acquired as founder shares, and others were purchased in the open market.
Nechmad also holds derivative securities. These include Series 1 Warrants linked to 286,135 Ordinary Shares at an exercise price of $56.8960 per share, expiring on March 31, 2027, issued in connection with the company’s 2025 offering of Series A Notes and Warrants and listed on the Tel Aviv Stock Exchange. He further holds several fully vested and immediately exercisable stock option grants over 75,000, 75,000, 70,000 and 15,605 Ordinary Shares, each with an exercise price of $33.7079 per share and expirations in 2027 and 2030. The exercise prices are denominated in New Israeli Shekels, with U.S. dollar amounts reflecting the exchange rate on the grant dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrants (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- The shares were originally acquired as Founder Shares The shares were originally acquired as Founder Shares The Shares reported herein were purchased in the open market The reported securities represent Series 1 Warrants issued by the Company in connection with its 2025 offering of Series A Notes and Warrants. The Warrants are listed for trading on the Tel Aviv Stock Exchange Each Warrant is exercisable for one Ordinary Share at an exercise price of NIS 177.80, subject to adjustments based on changes in the NIS-to-USD exchange rate. The Stock Options are Fully vested and immediately exercisable The exercise price is denominated in New Israeli Shekels. The U.S. dollar amount reported reflects the exchange rate on the grant date. The Stock Options are Fully vested and immediately exercisable The exercise price is denominated in New Israeli Shekels. The U.S. dollar amount reported reflects the exchange rate on the grant date. The Stock Options are Fully vested and immediately exercisable The exercise price is denominated in New Israeli Shekels. The U.S. dollar amount reported reflects the exchange rate on the grant date. The Stock Options are Fully vested and immediately exercisable The exercise price is denominated in New Israeli Shekels. The U.S. dollar amount reported reflects the exchange rate on the grant date.
