[SCHEDULE 13D/A] Silexion Therapeutics Corp SEC Filing
Silexion Therapeutics Corp Schedule 13D/A reports that Moringa-related parties disclosed ownership totaling approximately 14.6% of the company's ordinary shares. The filing states Silexion issued 450,000 ordinary shares to Moringa Sponsor, LP on September 15, 2025, in conversion of $1.8 million of an outstanding promissory note, but the Reporting Persons expressly dispute the validity of that issuance and do not concede beneficial ownership of those shares. The cover-page totals combine 6,970 issued ordinary shares, 372 ordinary shares underlying warrants and the 450,000 shares the Reporting Persons contest. The Reporting Persons also reported a pro rata distribution on August 7, 2025 of certain shares and warrants to limited partners.
- Disclosure of reported ownership by Moringa Sponsor, LP, Moringa Partners Ltd and Ilan Levin provides transparency on holdings
- Filing incorporates material agreements (promissory note, registration/lock-up) by reference, aiding investor review
- Contested issuance of 450,000 shares upon conversion of $1.8 million under the promissory note is disputed by the reporting persons
- Uncertainty over beneficial ownership of the contested shares creates ambiguity in actual voting power and percentage ownership
Insights
TL;DR: Reporting persons disclose ~14.6% stake while disputing 450,000-share issuance tied to a $1.8M note conversion.
The amendment provides clarity on current reported ownership by Moringa Sponsor, LP, Moringa Partners Ltd and Ilan Levin following reverse splits and recent transfers. The contested 450,000-share issuance was reported by the issuer as conversion of $1.8 million under an Amended and Restated Promissory Note; the reporting parties explicitly dispute that conversion and therefore disclaim conceding beneficial ownership of those shares. The filing also documents a distribution of shares and warrants to limited partners on August 7, 2025 and references pro forma outstanding shares of 3,126,642 used to calculate the ~14.6% figure. For investors, the key issue is the unresolved dispute over issuance validity which affects actual ownership and potential voting power.
TL;DR: Amendment discloses a contested equity issuance and clarifies reporting relationships and share counts after reverse splits.
The document emphasizes procedural transparency: joint filing agreement, registration rights/lock-up agreement and the promissory note are incorporated by reference. It details chain of control—Moringa Partners Ltd as general partner and Ilan Levin's shared authority—helping stakeholders understand who holds voting and dispositive power. The explicit dispute over the 450,000 shares is material to governance because it changes the effective share register and could affect quorum or control calculations until resolved. The amendment is precautionary, filed to reflect the issuer's reported conversion while reserving legal rights.