M&A - Congregation Ahavas Tzdokah Vchesed Inc.

Form Type: SCHEDULE 13D/A

Filing Date: 2025-06-20

Corporate Action: Acquisition

Type: Update

Accession Number: 000121390025055867

Filing Summary: This Amendment No. 1 to Schedule 13D reflects changes in the beneficial ownership of Congregation Ahavas Tzdokah Vchesed Inc. due to a share exchange agreement that closed on August 14, 2023, involving Novint Technologies Inc. and Dror Ortho-Design Ltd. As a result of this transaction, the reporting person no longer holds the securities of the issuer with the intent to influence control, but now holds them solely for investment purposes. This change signifies a decrease in ownership and a shift in the intent behind holding the securities. The report notes that the reporting person did not effect any transactions in common stock during the past 60 days and retains sole voting power over the securities owned. The document incorporates beneficial ownership data as per the latest filings with the SEC as of November 14, 2024.