STOCK TITAN

YA II PN amends 13G: PRF Technologies (PRFX) 9.99% stake via SEPA

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

YA II PN, Ltd. filed an amended Schedule 13G disclosing beneficial ownership interest in 20,276 ordinary shares of PRF Technologies Ltd., representing 9.99% of the class based on 3,021,554 ordinary shares outstanding as of June 18, 2026. The amendment describes a Standby Equity Purchase Agreement (SEPA) entered into on June 18, 2026 under which the issuer may sell up to $15 million of ordinary shares to YA II, subject to an ownership cap that prevents YA II and its affiliates from exceeding 9.99% of then-outstanding ordinary shares.

Positive

  • None.

Negative

  • None.

Insights

Amendment clarifies ownership and a standby purchase commitment with a 9.99% cap.

The filing lists 20,276 shares beneficially owned by YA II PN, Ltd., equal to 9.99% of the class on an outstanding base of 3,021,554 shares as of June 18, 2026. It also describes a $15 million SEPA giving the issuer an option to sell shares to YA II under defined terms.

Key dependencies are the SEPA conditions and the 9.99% ownership limitation; cash‑flow treatment and pricing mechanics for SEPA purchases are not detailed in the excerpt. Subsequent filings or company disclosures would show any actual share issuances under the SEPA.

Beneficially owned shares 20,276 shares Amount reported for YA II PN, Ltd. in Item 4
Ownership percentage 9.99% Percent of class reported in Item 4
Shares outstanding (base) 3,021,554 shares Outstanding ordinary shares as reported by issuer on June 18, 2026
Standby Equity Purchase Agreement capacity $15 million Maximum amount issuer may sell to YA II under SEPA entered June 18, 2026
Shared voting/dispositive power (repeated entries) 333,105 shares Shared voting and dispositive power value shown for several reporting persons in the excerpt
Standby Equity Purchase Agreement (SEPA) regulatory
"Under the SEPA, the Issuer has the option to sell up to $15 million of Ordinary Shares"
beneficially owned financial
"Amount beneficially owned: 20,276 (b) Percent of class: 9.99 %"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared dispositive power regulatory
"Shared Dispositive Power 333,105.00"
affiliate / deemed affiliate regulatory
"each of the reporting persons is deemed an affiliate of each other reporting person"
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Learn about SEC filing dates





M77798201

(CUSIP Number)
06/18/2026

(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: Based on 3,334,383 Ordinary Shares ("Ordinary Shares"), consisting of 3,021,554 Ordinary Shares outstanding as reported by PRF Technologies Ltd. (the "Issuer") on June 18, 2026, and an additional 312,829 Ordinary Shares that the reporting person has the right to acquire pursuant to the Standby Equity Purchase Agreement ("SEPA") entered into on June 18, 2026 by YA II PN, Ltd. ("YA II") with the Issuer. Under the SEPA, the Issuer has the option to sell up to $15 million of Ordinary Shares to YA II, and YA II is obligated to purchase such shares, at a price and on the terms and subject to the conditions set forth in the SEPA. Under the SEPA, the Issuer is prohibited from issuing and selling Ordinary Shares to YA II to the extent that it would cause the aggregate number of Ordinary Shares beneficially owned by YA II and its affiliates to exceed 9.99% of the then outstanding Ordinary Shares of the Issuer.


SCHEDULE 13G




Comment for Type of Reporting Person: Based on 12,000,000 Ordinary Shares, consisting of 3,021,554 Ordinary Shares outstanding as reported by Issuer on June 18, 2026, and an additional 20,276 Ordinary Shares that the reporting person has the right to acquire pursuant to the SEPA entered into on June 18, 2026 by YA II with the Issuer. Under the SEPA, the Issuer has the option to sell up to $15 million of Ordinary Shares to YA II, and YA II is obligated to purchase such shares, at a price and on the terms and subject to the conditions set forth in the SEPA. Under the SEPA, the Issuer is prohibited from issuing and selling Ordinary Shares to YA II to the extent that it would cause the aggregate number of Ordinary Shares beneficially owned by YA II and its affiliates to exceed 9.99% of the then outstanding Ordinary Shares of the Issuer.


SCHEDULE 13G




Comment for Type of Reporting Person: Based on 12,000,000 Ordinary Shares, consisting of 3,021,554 Ordinary Shares outstanding as reported by Issuer on June 18, 2026, and an additional 20,276 Ordinary Shares that the reporting person has the right to acquire pursuant to the SEPA entered into on June 18, 2026 by YA II with the Issuer. Under the SEPA, the Issuer has the option to sell up to $15 million of Ordinary Shares to YA II, and YA II is obligated to purchase such shares, at a price and on the terms and subject to the conditions set forth in the SEPA. Under the SEPA, the Issuer is prohibited from issuing and selling Ordinary Shares to YA II to the extent that it would cause the aggregate number of Ordinary Shares beneficially owned by YA II and its affiliates to exceed 9.99% of the then outstanding Ordinary Shares of the Issuer.


SCHEDULE 13G




Comment for Type of Reporting Person: Based on 12,000,000 Ordinary Shares, consisting of 3,021,554 Ordinary Shares outstanding as reported by Issuer on June 18, 2026, and an additional 20,276 Ordinary Shares that the reporting person has the right to acquire pursuant to the SEPA entered into on June 18, 2026 by YA II with the Issuer. Under the SEPA, the Issuer has the option to sell up to $15 million of Ordinary Shares to YA II, and YA II is obligated to purchase such shares, at a price and on the terms and subject to the conditions set forth in the SEPA. Under the SEPA, the Issuer is prohibited from issuing and selling Ordinary Shares to YA II to the extent that it would cause the aggregate number of Ordinary Shares beneficially owned by YA II and its affiliates to exceed 9.99% of the then outstanding Ordinary Shares of the Issuer.


SCHEDULE 13G




Comment for Type of Reporting Person: Based on 12,000,000 Ordinary Shares, consisting of 3,021,554 Ordinary Shares outstanding as reported by Issuer on June 18, 2026, and an additional 20,276 Ordinary Shares that the reporting person has the right to acquire pursuant to the SEPA entered into on June 18, 2026 by YA II with the Issuer. Under the SEPA, the Issuer has the option to sell up to $15 million of Ordinary Shares to YA II, and YA II is obligated to purchase such shares, at a price and on the terms and subject to the conditions set forth in the SEPA. Under the SEPA, the Issuer is prohibited from issuing and selling Ordinary Shares to YA II to the extent that it would cause the aggregate number of Ordinary Shares beneficially owned by YA II and its affiliates to exceed 9.99% of the then outstanding Ordinary Shares of the Issuer.


SCHEDULE 13G




Comment for Type of Reporting Person: Based on 12,000,000 Ordinary Shares, consisting of 3,021,554 Ordinary Shares outstanding as reported by Issuer on June 18, 2026, and an additional 20,276 Ordinary Shares that the reporting person has the right to acquire pursuant to the SEPA entered into on June 18, 2026 by YA II with the Issuer. Under the SEPA, the Issuer has the option to sell up to $15 million of Ordinary Shares to YA II, and YA II is obligated to purchase such shares, at a price and on the terms and subject to the conditions set forth in the SEPA. Under the SEPA, the Issuer is prohibited from issuing and selling Ordinary Shares to YA II to the extent that it would cause the aggregate number of Ordinary Shares beneficially owned by YA II and its affiliates to exceed 9.99% of the then outstanding Ordinary Shares of the Issuer.


SCHEDULE 13G




Comment for Type of Reporting Person: Based on 12,000,000 Ordinary Shares, consisting of 3,021,554 Ordinary Shares outstanding as reported by Issuer on June 18, 2026, and an additional 20,276 Ordinary Shares that the reporting person has the right to acquire pursuant to the SEPA entered into on June 18, 2026 by YA II with the Issuer. Under the SEPA, the Issuer has the option to sell up to $15 million of Ordinary Shares to YA II, and YA II is obligated to purchase such shares, at a price and on the terms and subject to the conditions set forth in the SEPA. Under the SEPA, the Issuer is prohibited from issuing and selling Ordinary Shares to YA II to the extent that it would cause the aggregate number of Ordinary Shares beneficially owned by YA II and its affiliates to exceed 9.99% of the then outstanding Ordinary Shares of the Issuer.


SCHEDULE 13G




Comment for Type of Reporting Person: Based on 12,000,000 Ordinary Shares, consisting of 3,021,554 Ordinary Shares outstanding as reported by Issuer on June 18, 2026, and an additional 20,276 Ordinary Shares that the reporting person has the right to acquire pursuant to the SEPA entered into on June 18, 2026 by YA II with the Issuer. Under the SEPA, the Issuer has the option to sell up to $15 million of Ordinary Shares to YA II, and YA II is obligated to purchase such shares, at a price and on the terms and subject to the conditions set forth in the SEPA. Under the SEPA, the Issuer is prohibited from issuing and selling Ordinary Shares to YA II to the extent that it would cause the aggregate number of Ordinary Shares beneficially owned by YA II and its affiliates to exceed 9.99% of the then outstanding Ordinary Shares of the Issuer.


SCHEDULE 13G



YA II PN, Ltd.
Signature:/s/ David Gonzalez
Name/Title:David Gonzalez, General Counsel
Date:06/22/2026
YA Global Investments II (U.S.), LP
Signature:/s/ David Gonzalez
Name/Title:David Gonzalez, General Counsel
Date:06/22/2026
Yorkville Advisors Global, LP
Signature:/s/ David Gonzalez
Name/Title:David Gonzalez, General Counsel
Date:06/22/2026
Yorkville Advisors Global II, LLC
Signature:/s/ David Gonzalez
Name/Title:David Gonzalez, General Counsel
Date:06/22/2026
YAII GP, LP
Signature:/s/ David Gonzalez
Name/Title:David Gonzalez, General Counsel
Date:06/22/2026
YAII GP II, LLC
Signature:/s/ David Gonzalez
Name/Title:David Gonzalez, General Counsel
Date:06/22/2026
Mark Angelo
Signature:/s/ Mark Angelo
Name/Title:Mark Angelo
Date:06/22/2026
SC-Sigma Global Partners, LP
Signature:/s/ David Gonzalez
Name/Title:David Gonzalez, General Counsel
Date:06/22/2026

FAQ

What stake does YA II PN, Ltd. report in PRF Technologies (PRFX)?

YA II PN, Ltd. reports beneficial ownership of 20,276 ordinary shares, representing 9.99% of the class. This percentage is calculated using 3,021,554 ordinary shares outstanding as of June 18, 2026, as stated in the filing.

What is the Standby Equity Purchase Agreement (SEPA) disclosed in the filing?

The filing describes a SEPA dated June 18, 2026 under which the issuer may sell up to $15 million of ordinary shares to YA II. The SEPA obligates YA II to purchase shares under specified terms and conditions in the agreement.

Does the SEPA allow YA II to exceed 9.99% ownership?

No. The SEPA includes a restriction that prohibits issuing or selling shares to YA II to the extent such sales would cause YA II and its affiliates to exceed 9.99% of then-outstanding ordinary shares, per the filing language.

Who else is reported as part of the affiliated group with YA II?

The filing lists affiliates including YA Global Investments II (U.S.), Yorkville Advisors Global, YAII GP, LP, YAII GP II, LLC, SC-Sigma Global Partners, and Mark Angelo as making investment decisions or being deemed affiliates.

How was the 9.99% ownership percentage calculated in the filing?

The filing states the percentage is based on 3,021,554 ordinary shares outstanding as reported by the issuer on June 18, 2026 and the 20,276 shares beneficially owned (including rights to acquire under the SEPA where applicable), yielding 9.99%.