Anteris (AVR) 10% Owner L1 Capital Sells Shares

What Happened
L1 Capital Pty Ltd, disclosed as a 10% owner of Anteris Technologies Global Corp. (AVR), sold a total of 495,189 CHESS Depository Interests (CDIs) — equivalent to underlying shares — in two disposals on Aug 4–5, 2026. The larger block of 480,608 shares was sold on Aug 4 at $8.30 per share for $3,989,046; an additional 14,581 shares were sold on Aug 5 at $8.23 per share for $120,002. Aggregate proceeds reported are $4,109,048. These were sales (disposals), not purchases.

Key Details

• Transaction dates and prices: Aug 4, 2026 — 480,608 shares at $8.30 (range reported $8.29–$8.30 across trades); Aug 5, 2026 — 14,581 shares at $8.23.
• Total shares sold: 495,189; total proceeds: $4,109,048.
• Shares owned after transaction: Not specified in the provided filing excerpt (see full Form 4 for holdings).
• Footnotes of note:
  • F1: L1 states it does not admit it is required to file under the Exchange Act, claiming exemption under Rule 16a-2.
  • F2: The sold shares are held across multiple L1-managed funds (listed in the filing).
  • F3: Sales occurred in multiple transactions at prices between $8.29–$8.30; detailed breakdown available on request.
  • F4: The instruments reported are CHESS Depository Interests, each representing one underlying share and exchangeable for common stock within 60 days.
• Filing timeliness: Report filed Aug 6, 2026 for transactions on Aug 4–5 — no late filing flag indicated.

Context
This report documents institutional disposals by a 10% owner (a group of funds managed by L1 Capital), which is different from insider/executive selling. Sales by funds can be routine portfolio management and do not necessarily indicate company-specific views.