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YA II PN's 9.99% PRFX position and $10M SEPA with PRF Technologies (PRFX)

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

Rhea-AI Filing Summary

YA II PN, Ltd. and affiliated entities report beneficial ownership of 66,625 ordinary shares of PRF Technologies Ltd., representing 9.99% of the class. The filing states 844,372 Ordinary Shares outstanding as of May 7, 2026 and describes a Standby Equity Purchase Agreement (SEPA) dated May 7, 2026 under which the issuer may sell up to $10 million of Ordinary Shares to YA II, subject to a 9.99% beneficial ownership cap. The report lists affiliated entities and individuals (including Mark Angelo) with shared voting and dispositive power over the 66,625 shares and provides the group relationship and signature attestations.

Positive

  • None.

Negative

  • None.

Insights

YA II disclosed a near-10% position and a standby equity purchase agreement.

The filing shows 66,625 shares (9.99%) beneficially owned with shared voting/dispositive power across affiliated Yorkville entities, and it cites 844,372 shares outstanding as of May 7, 2026. The SEPA authorizes purchases of up to $10 million of Ordinary Shares under stated terms and caps beneficial ownership at 9.99%.

Key dependencies include the SEPA terms and the issuer's future decisions to sell under the SEPA; cash‑flow treatment and price mechanics are not stated in the provided excerpt. Subsequent filings will disclose any actual share issuances under the SEPA.

The SEPA sets a contractual purchase commitment capped by a 9.99% ownership limit.

The agreement obligates YA II to purchase shares the issuer elects to sell up to $10 million, while prohibiting issuances that would push YA II and affiliates above 9.99% beneficial ownership. The excerpt ties specific acquisition rights (e.g., 24,384 shares referenced for some affiliates) to the SEPA.

Legal conditions and specific pricing/closing mechanics are not included here; the filing documents group affiliation and attribution of voting/dispositive powers consistent with securities reporting rules.

Beneficial ownership 66,625 shares Amount beneficially owned by YA II PN and affiliates
Percent of class 9.99% Percent of Ordinary Shares represented by 66,625 shares
Shares outstanding 844,372 Ordinary Shares Shares outstanding as reported by issuer on <date>May 7, 2026</date>
SEPA capacity $10 million Maximum amount issuer may sell to YA II under the Standby Equity Purchase Agreement
Affiliate acquisition right (examples) 24,384 shares Additional shares referenced for certain affiliates' right to acquire under the SEPA
Standby Equity Purchase Agreement (SEPA) financial
"Under the SEPA, the Issuer has the option to sell up to $10 million"
Beneficially owned regulatory
"Amount beneficially owned: 66625.00 (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 66,625.00"
Affiliate/group attribution regulatory
"each of the reporting persons is deemed an affiliate of each other reporting person"





M77798201

(CUSIP Number)
05/07/2026

(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 910,997 Ordinary Shares ("Ordinary Shares"), consisting of 844,372 Ordinary Shares outstanding as reported by PRF Technologies Ltd. (the "Issuer") on May 7, 2026, and an additional 66,625 Ordinary Shares that the reporting person has the right to acquire pursuant to the Standby Equity Purchase Agreement ("SEPA") entered into on May 7, 2026 by YA II PN, Ltd. ("YA II") with the Issuer. Under the SEPA, the Issuer has the option to sell up to $10 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 910,997 Ordinary Shares ("Ordinary Shares"), consisting of 844,372 Ordinary Shares outstanding as reported by PRF Technologies Ltd. (the "Issuer") on May 7, 2026, and an additional 24,384 Ordinary Shares that the reporting person has the right to acquire pursuant to the Standby Equity Purchase Agreement ("SEPA") entered into on May 7, 2026 by YA II PN, Ltd. ("YA II") with the Issuer. Under the SEPA, the Issuer has the option to sell up to $10 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 910,997 Ordinary Shares ("Ordinary Shares"), consisting of 844,372 Ordinary Shares outstanding as reported by PRF Technologies Ltd. (the "Issuer") on May 7, 2026, and an additional 24,384 Ordinary Shares that the reporting person has the right to acquire pursuant to the Standby Equity Purchase Agreement ("SEPA") entered into on May 7, 2026 by YA II PN, Ltd. ("YA II") with the Issuer. Under the SEPA, the Issuer has the option to sell up to $10 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 910,997 Ordinary Shares ("Ordinary Shares"), consisting of 844,372 Ordinary Shares outstanding as reported by PRF Technologies Ltd. (the "Issuer") on May 7, 2026, and an additional 24,384 Ordinary Shares that the reporting person has the right to acquire pursuant to the Standby Equity Purchase Agreement ("SEPA") entered into on May 7, 2026 by YA II PN, Ltd. ("YA II") with the Issuer. Under the SEPA, the Issuer has the option to sell up to $10 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 910,997 Ordinary Shares ("Ordinary Shares"), consisting of 844,372 Ordinary Shares outstanding as reported by PRF Technologies Ltd. (the "Issuer") on May 7, 2026, and an additional 24,384 Ordinary Shares that the reporting person has the right to acquire pursuant to the Standby Equity Purchase Agreement ("SEPA") entered into on May 7, 2026 by YA II PN, Ltd. ("YA II") with the Issuer. Under the SEPA, the Issuer has the option to sell up to $10 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 910,997 Ordinary Shares ("Ordinary Shares"), consisting of 844,372 Ordinary Shares outstanding as reported by PRF Technologies Ltd. (the "Issuer") on May 7, 2026, and an additional 24,384 Ordinary Shares that the reporting person has the right to acquire pursuant to the Standby Equity Purchase Agreement ("SEPA") entered into on May 7, 2026 by YA II PN, Ltd. ("YA II") with the Issuer. Under the SEPA, the Issuer has the option to sell up to $10 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 910,997 Ordinary Shares ("Ordinary Shares"), consisting of 844,372 Ordinary Shares outstanding as reported by PRF Technologies Ltd. (the "Issuer") on May 7, 2026, and an additional 24,384 Ordinary Shares that the reporting person has the right to acquire pursuant to the Standby Equity Purchase Agreement ("SEPA") entered into on May 7, 2026 by YA II PN, Ltd. ("YA II") with the Issuer. Under the SEPA, the Issuer has the option to sell up to $10 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 910,997 Ordinary Shares ("Ordinary Shares"), consisting of 844,372 Ordinary Shares outstanding as reported by PRF Technologies Ltd. (the "Issuer") on May 7, 2026, and an additional 24,384 Ordinary Shares that the reporting person has the right to acquire pursuant to the Standby Equity Purchase Agreement ("SEPA") entered into on May 7, 2026 by YA II PN, Ltd. ("YA II") with the Issuer. Under the SEPA, the Issuer has the option to sell up to $10 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:05/12/2026
YA Global Investments II (U.S.), LP
Signature:/s/ David Gonzalez
Name/Title:David Gonzalez, General Counsel
Date:05/12/2026
Yorkville Advisors Global, LP
Signature:/s/ David Gonzalez
Name/Title:David Gonzalez, General Counsel
Date:05/12/2026
Yorkville Advisors Global II, LLC
Signature:/s/ David Gonzalez
Name/Title:David Gonzalez, General Counsel
Date:05/12/2026
YAII GP, LP
Signature:/s/ David Gonzalez
Name/Title:David Gonzalez, General Counsel
Date:05/12/2026
YAII GP II, LLC
Signature:/s/ David Gonzalez
Name/Title:David Gonzalez, General Counsel
Date:05/12/2026
Mark Angelo
Signature:/s/ Mark Angelo
Name/Title:Mark Angelo
Date:05/12/2026
SC-Sigma Global Partners, LP
Signature:/s/ David Gonzalez
Name/Title:David Gonzalez, General Counsel
Date:05/12/2026

FAQ

What stake does YA II PN hold in PRFX?

YA II PN and affiliates report beneficial ownership of 66,625 shares, equal to 9.99% of the class. This calculation references 844,372 Ordinary Shares outstanding as of May 7, 2026 and additional acquisition rights under the SEPA.

What is the Standby Equity Purchase Agreement mentioned in the filing for PRFX?

The SEPA dated May 7, 2026 permits the issuer to sell up to $10 million of Ordinary Shares to YA II, with YA II obligated to purchase shares the issuer elects to sell under the contract terms and conditions described.

Does the filing state how many additional shares YA II can acquire under the SEPA?

The filing references an aggregate $10 million capacity under the SEPA and cites specific acquisition rights such as 66,625 and 24,384 shares in affiliate comments; exact share issuance mechanics and pricing are not detailed in the excerpt.

Who controls the investment decisions for YA II in the PRFX filing?

The filing states that Mark Angelo makes the investment decisions on behalf of YA II. Several affiliated entities (YA Global Investments II, Yorkville Advisors entities, YAII GP entities) are identified as affiliates and may be deemed to beneficially own the same shares.

What voting and dispositive powers are reported for the 66,625 shares?

The schedule reports 0 shares of sole voting or dispositive power and 66,625 shares of shared voting power and shared dispositive power for YA II and affiliated reporting persons.