Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
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FEMTO TECHNOLOGIES INC (Name of Issuer) |
Common Shares, without par value (Title of Class of Securities) |
31447N303 (CUSIP Number) |
Yftah Ben Yaackov Eilat 15, Ashkelon, L3, 7844317 972 50 726 2830 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
04/03/2026 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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| CUSIP No. | 31447N303 |
| 1 |
Name of reporting person
Yftah Ben Yaackov | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
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| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
PF | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
ISRAEL
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 11 | Aggregate amount beneficially owned by each reporting person
290,819.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
23.24 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
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| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Shares, without par value |
| (b) | Name of Issuer:
FEMTO TECHNOLOGIES INC |
| (c) | Address of Issuer's Principal Executive Offices:
7000 Akko Road, Kiryat Motzkin,
ISRAEL
, 2641400. |
| Item 2. | Identity and Background |
| (a) | Yftah Ben Yaackov |
| (b) | Eilat 15, Ashkelon, Israel |
| (c) | Chief Executive Officer of FEMTO TECHNOLOGIES INC. |
| (d) | NOT |
| (e) | NOT |
| (f) | ISRAEL |
| Item 3. | Source and Amount of Funds or Other Consideration |
Common Shares issued to Reporting Person are the result of vesting of RSUs issued to him for services to the Company | |
| Item 4. | Purpose of Transaction |
Shares were issued as part of Reporting Person's compensation as C.E.O of the Company | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | Reporting Person holds 70,219 common shares which represents 6.81% of the issued and outstanding common shares of FEMTO TECHNOLOGIES INC., as well as 4,412 enhanced voting shares (each enhanced voting shares carries 50 votes) which represents 100% of the issued and outstanding enhanced voting shares, together this represents 23.2% of the voting rights. |
| (b) | 70,219 common shares and 4,412 enhanced voting shares |
| (c) | This filing updates the Reporting Person's beneficial ownership to include 4,412 enhanced voting shares granted on September 20, 2024, pursuant to approval by the Company's shareholders at the Annual General Meeting held on August 1, 2024 as disclosed previously by the Issuer in its Annual Reports on Form 20-F. This amendment is being filed to disclose the Reporting Person's reduction in beneficial ownership resulting from issuances by the Issuer. |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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