[SCHEDULE 13G] Silexion Therapeutics Corp SEC Filing
The reporting persons—Lind Global Fund III LP, Lind Global Partners III LLC and Jeff Easton—filed a Schedule 13G reporting beneficial ownership of 224,050 ordinary shares of Silexion Therapeutics Corp (CUSIP G1281K122), representing 9.9% of the class. The disclosed position consists of 106,250 ordinary shares and warrants (106,250 Series A-1 and 106,250 Series A-2) subject to conversion limits that cap aggregate beneficial ownership at 224,050 shares to prevent ownership above 9.99%. Lind Global Partners III LLC is the general partner of the fund and Jeff Easton is the managing member; each may be deemed to have sole voting and dispositive power over the reported shares. The filers certify the holdings were not acquired to change or influence control of the issuer.
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Insights
TL;DR: Routine 13G disclosure showing a 9.9% passive stake limited by warrant anti-dilution/ownership caps.
The filing is a standard passive investor disclosure under Schedule 13G rather than an active Section 13(d) pursuit of control. The ownership mix of shares and exercisable warrants, together with contractual conversion limits keyed to a 9.99% threshold, indicates deliberate structuring to remain below a controlling interest trigger. For investors, this clarifies potential near-term dilution from warrants is contractually constrained and that the reporting parties claim no intent to influence control.
TL;DR: Governance impact appears limited; reporting persons assert passive intent and voting/dispositive power is centralized through the fund GP and manager.
The report identifies the governance chain: Lind Global Partners III LLC as general partner and Jeff Easton as managing member, each with sole voting and dispositive power over the shares held by the fund. While a near-10% ownership can be influential, the document contains a certification that shares were not acquired to change control, and the warrant conversion cap further reduces the prospect of an abrupt shift in control. This is a material ownership disclosure but not a notice of control intent or group formation.