Sec Form 13G Filing - Deutsche Post AG filing for Global-E Online Ltd. (GLBE) - 2022-05-24

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.
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UNITED STATES

SECURITIES 0AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 13G

 

(Amendment No. __)*

 

Under the Securities Exchange Act of 1934



Global-E Online Ltd.
(Name of Issuer)
 
Ordinary Shares
(Title of Class of Securities)
 
M5216V106
(CUSIP Number)
 
December 31, 2021
(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

  Rule 13d-1(b)

☐  Rule 13d-1(c)

☒  Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in 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).

 

   
 

 

CUSIP No. M5216V106

SCHEDULE 13G Page 2 of 6

 

 

 

         
1

NAMES OF REPORTING PERSONS

Deutsche Post AG

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a)

(b) ☐

 
3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Germany

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

Not applicable

6

SHARED VOTING POWER

21,423,600(1)

7

SOLE DISPOSITIVE POWER

Not applicable

8

SHARED DISPOSITIVE POWER

21,423,600(1)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

21,423,600(1)

10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

14.7%(2)

12

TYPE OF REPORTING PERSON (See Instructions)

CO

 

  (1) Consists of 21,423,600 ordinary shares, no par value of Global-E Online Ltd. (the “Ordinary Shares” and the “Issuer,” respectively) held by Deutsche Post Beteiligungen Holding GmbH, a direct wholly owned subsidiary of Deutsche Post AG.
     
  (2)

The information set forth herein regarding percentages of beneficial ownership is based upon information obtained from the Issuer regarding the percentage of shares beneficially owned by Deutsche Post Beteiligungen Holding GmbH out of the Issuer’s total outstanding Ordinary Shares as disclosed by the Issuer in its prospectus on Form 424B4 as of September 9, 2021, filed with the Securities and Exchange Commission on September 13, 2021.

 

   
 

 

CUSIP No. M5216V106

SCHEDULE 13G Page 3 of 6

 

 

 

         
1

NAMES OF REPORTING PERSONS

Deutsche Post Beteiligungen Holding GmbH

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a)

(b)

 
3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Germany

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

Not applicable

6

SHARED VOTING POWER

21,423,600

7

SOLE DISPOSITIVE POWER

Not applicable

8

SHARED DISPOSITIVE POWER

21,423,600

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

21,423,600

10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

14.7%(1)

12

TYPE OF REPORTING PERSON (See Instructions)

CO

 

 

(1) The information set forth herein regarding percentages of beneficial ownership is based upon information obtained from the Issuer regarding the percentage of shares beneficially owned by Deutsche Post Beteiligungen Holding GmbH out of the Issuer’s total outstanding Ordinary Shares as disclosed by the Issuer in its prospectus on Form 424B4 as of September 9, 2021, filed with the Securities and Exchange Commission on September 13, 2021.

 

   
 

 

CUSIP No. M5216V106

SCHEDULE 13G Page 4 of 6

 

 

 

Item 1.

 

(a) Name of Issuer:
   
  Global-E Online Ltd.

 

(b) Address of Issuer’s Principal Executive Offices:
   
  25 Basel Street, Petah Tikva 4951038, Israel

 

Item 2.

 

(a) Name of Person Filing:
   
  (i) Deutsche Post AG
  (ii) Deutsche Post Beteiligungen Holding GmbH

 

(b) Address of Principal Business Office or, if none, Residence:
   
  (i) Charles-de-Gaulle-Straße 20, 53113 Bonn, Germany
  (ii) Charles-de-Gaulle-Straße 20, 53113 Bonn, Germany

 

(c) Citizenship:
   
  (i) Germany
  (ii) Germany

 

(d) Title of Class of Securities:
   
  Ordinary Shares

 

(e) CUSIP Number:
   
  M5216V106

  

 1 

 

 

CUSIP No. M5216V106

SCHEDULE 13G Page 5 of 6

 

 

 

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

Not applicable.

 

Item 4. Ownership.

 

Information with respect to the Reporting Persons’ ownership as of December 31, 2021 is incorporated by reference to items (5)-(9) and (11) of the cover page for each Reporting Person. 

 

Item 5. Ownership of Five Percent or Less of a Class.

 

Not applicable.

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

 

Not applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

 

Not applicable.

 

Item 8. Identification and Classification of Member of the Group.

 

Not applicable.

 

Item 9. Notice of Dissolution of Group.

 

Not applicable.

 

Item 10. Certification.

 

Not applicable.

 

   
 

 

CUSIP No. M5216V106

SCHEDULE 13G Page 6 of 6

 

 

 

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.

 

Dated: May 24, 2022.

 

 

 

Deutsche Post AG

 
     
     
  By: /s/ Oliver Steffan  
  Name: Oliver Steffan  
  Title: Authorized Signatory  
       
  By: /s/ Carola Schmitz-Becker  
  Name: Carola Schmitz-Becker  
  Title: Authorized Signatory  

 

 

 

Deutsche Post Beteiligungen Holding GmbH

 
     
     
  By: /s/ Christoph Diel  
  Name: Christoph Diel  
  Title: Authorized Signatory  
       
  By: /s/ Christoph Tepper  
  Name: Christoph Tepper  
  Title: Authorized Signatory