Rail Vision (RVSN) lifts L.I.A Pure Capital warrant ownership cap to 19.99%
Rhea-AI Filing Summary
Rail Vision Ltd. reports that it has amended an existing warrant held by L.I.A Pure Capital. The change raises the beneficial ownership cap on exercising this warrant from 4.99% to 19.99% of Rail Vision’s outstanding ordinary shares immediately after any warrant exercise.
The warrant remains exercisable for up to 42,190 ordinary shares, and all other terms stay the same. The higher ownership limitation will take effect on the 61st day after March 5, 2026, allowing the holder to own a larger percentage of the company upon exercise than previously permitted.
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Insights
Rail Vision lifts a key cap on warrant ownership without changing the warrant size.
The company and L.I.A Pure Capital agreed to increase the warrant’s beneficial ownership limit from
This change allows the holder, after the effective date, to potentially own a larger percentage of Rail Vision’s ordinary shares upon exercise than before. The higher limit becomes effective on the 61st day after