RADA ELECTRONIC INDUSTRIES LTD.
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(Name of Issuer)
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Ordinary Shares, NIS 0.03 par value
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(Title of Class of Securities)
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M81863124
(CUSIP Number)
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January 6, 2021
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(Date of Event which Requires Filing of this Statement)
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CUSIP No. M81863124
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13D/A
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Page 2 of 7
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1
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NAMES OF REPORTING PERSONS:
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DBSI Investments Ltd.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
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(a) ☐ (b) ☒ |
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3
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SEC Use Only
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4
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SOURCE OF FUNDS:
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OO
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E):
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☐
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION:
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Israel
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NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY EACH
REPORTING
PERSON WITH
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7
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SOLE VOTING POWER:
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2,818,182
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8
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SHARED VOTING POWER:
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0
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9
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SOLE DISPOSITIVE POWER:
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2,818,182
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10
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SHARED DISPOSITIVE POWER:
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0
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
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2,818,182
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
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☐
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
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6.45%(1)
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14
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TYPE OF REPORTING PERSON:
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CO
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(1)
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Percentage shown is based on 43,724,446 Ordinary Shares outstanding as of January 11, 2021.
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CUSIP No. M81863124
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13D/A
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Page 3 of 7
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1
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NAMES OF REPORTING PERSONS:
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Barak Dotan
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
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(a) ☐ (b) ☒ |
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||||
3
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SEC Use Only
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||||
4
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SOURCE OF FUNDS:
|
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OO
|
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|||
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|
||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E):
|
|
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||
☐
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|||
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|
||||
6
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CITIZENSHIP OR PLACE OF ORGANIZATION:
|
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Israel
|
|
|
|||
|
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER:
|
|
|
|
0
|
|
|
|||
|
|
||||
8
|
SHARED VOTING POWER:
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2,818,182
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|||
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||||
9
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SOLE DISPOSITIVE POWER:
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0
|
|
|
|||
|
|
||||
10
|
SHARED DISPOSITIVE POWER:
|
|
|
||
2,818,182
|
|
|
|||
|
|
||||
11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
|
|
|
||
2,818,182
|
|
|
|||
|
|
||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
|
|
|
||
☐
|
|
|
|||
|
|
||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
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6.45%(1)
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|||
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||||
14
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TYPE OF REPORTING PERSON:
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IN
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CUSIP No. M81863124
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13D/A
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Page 4 of 7
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1
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NAMES OF REPORTING PERSONS:
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Yossi Ben Shalom
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2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
|
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(a) ☐ (b) ☒ |
|
|
|||
|
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||||
3
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SEC Use Only
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||||
4
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SOURCE OF FUNDS:
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OO
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|||
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|
||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E):
|
|
|
||
☐
|
|
|
|||
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|
||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION:
|
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|
||
Israel
|
|
|
|||
|
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER:
|
|
|
|
0
|
|
|
|||
|
|
||||
8
|
SHARED VOTING POWER:
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|
||
2,818,182
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|
|
|||
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|
||||
9
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SOLE DISPOSITIVE POWER:
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0
|
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|||
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||||
10
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SHARED DISPOSITIVE POWER:
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|
||
2,818,182
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|||
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||||
11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
|
|
|
||
2,818,182
|
|
|
|||
|
|
||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
|
|
|
||
☐
|
|
|
|||
|
|
||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
|
|
|
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6.45%(1)
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|
|
|||
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|
||||
14
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TYPE OF REPORTING PERSON:
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IN
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Item 1.
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Security and Issuer.
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Item 2.
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Identity and Background
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● |
paragraphs (b)-(c) and (f) of Item 2, concerning DBSI;
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● |
paragraphs (a), (b), (c) and (f) of Item 2, concerning DBSI’s executive officers and directors;
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● |
paragraphs (a), (b), (c) and (f) of Item 2, concerning DBSI’s controlling shareholders;
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● |
paragraphs (b)-(c) and (f) of Item 2, concerning Mr. Barak Dotan; and
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● |
paragraphs (b)-(c) and (f) of Item 2, concerning Mr. Yossi Ben Shalom
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Item 3.
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Source and Amount of Funds or Other Consideration.
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Item 4.
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Purpose of Transaction.
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Item 5.
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Interest in Securities of the Issuer.
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Trade Date
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Sett. Date
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Buy/Sell
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Quantity
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Price
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Consideration
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12/28/2020
|
12/30/2020
|
Sell
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(67,480)
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$10.3471
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($698,222)
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12/29/2020
|
12/31/2020
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Sell
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(925)
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$10.25
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($9,481)
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12/30/2020
|
01/04/2021
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Sell
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(14,175)
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$10.03215
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($142,206)
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01/06/2021
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01/08/2021
|
Sell
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(3,321,824)
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$9.0004
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($29,897,745)
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01/07/2021
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01/09/2021
|
Sell
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(598,723)
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$9.0054
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($5,391,740)
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Dated: January 11, 2021
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DBSI INVESTMENTS LTD.
/s/ Barak Dotan
Barak Dotan
Director
/s/ Yossi Ben Shalom
Yossi Ben Shalom
Director
/s/ Barak Dotan
BARAK DOTAN
/s/ Yossi Ben Shalom
YOSSI BEN SHALOM
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