Anteris (AVR) 10% Owner L1 Capital Buys Stock

What Happened

• L1 Capital Pty Ltd — reported as a 10% owner of Anteris Technologies Global Corp. (AVR) — purchased shares of AVR in two reported transactions. The primary transaction was a 5,000,000 share open-market/private purchase on 2026-01-22 at $5.75 per share (total ~$28,750,000). An earlier reported purchase on 2025-10-28 was for 1,333,334 derivative shares at $4.93 each (total ~$6,580,003). These are purchases (typically interpreted as a bullish signal), and the filing is an amended Form 4.

Key Details

• Transactions:
  • 2026-01-22: Purchase (P) — 5,000,000 shares @ $5.75 = $28,750,000.
  • 2025-10-28: Purchase (P, derivative) — 1,333,334 shares @ $4.93 = $6,580,003.
• Filing: Amended Form 4 filed 2026-07-28 (amends an earlier filing; see footnotes). The report period lists 2025-10-28 — the amendment/filing date is months later.
• Shares owned after transaction: Not explicitly stated in the amended filing; the original filing contained totals that included CHESS Depository Interests and was corrected (see footnotes).
• Notable footnotes:
  • F1: Reporting person states it does not admit obligation to file under the Exchange Act (cites Rule 16a-2 exemption).
  • F2 / F6: This filing amends the original report (original contained total holdings including CHESS items).
  • F3: Shares are held across multiple funds managed/controlled by L1 Capital Pty Ltd (listed in footnote).
  • F4: CHESS Depository Interests (CDIs) represent underlying common shares and are exchangeable for shares within 60 days.
• Insider type: 10% owner / institutional investor — not an executive or company officer.

Context

• The Oct 28, 2025 line is reported as a derivative purchase; footnotes indicate CHESS Depository Interests (CDIs) may be involved — CDIs represent underlying common stock and can be exchanged for shares. This is distinct from option exercises or gifts.
• As a 10% institutional holder, L1’s purchases reflect fund-level buying rather than an individual insider’s personal trading. The amended and delayed filing may correct prior reporting of holdings (including CDIs); investors should review the full amended Form 4 and related filings for exact post-transaction ownership totals.