Sec Form 13G Filing - Deutsche Post AG filing for Global-E Online Ltd. (GLBE) - 2024-11-14

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.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

 

SCHEDULE 13G
(Amendment No. 2)

 

Under the Securities Exchange Act of 1934

 

Global-E Online Ltd.
(Name of Issuer)
 
Ordinary Shares
(Title of Class of Securities)
 
M5216V106
(CUSIP Number)
 
September 30, 2024
(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
18,336,774(1)
7 SOLE DISPOSITIVE POWER
Not applicable
8 SHARED DISPOSITIVE POWER
18,336,774(1)
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,336,774(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)
11.0%(2)
12 TYPE OF REPORTING PERSON (See Instructions)
CO

 

(1) Consists of 18,336,774 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 166,992,187 Ordinary Shares issued and outstanding as disclosed by the Issuer in its Report of a Foreign Private Issuer on Form 6-K as of May 9, 2024, filed with the Securities and Exchange Commission on May 10, 2024.

 

 

 

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
18,336,774
7 SOLE DISPOSITIVE POWER
Not applicable
8 SHARED DISPOSITIVE POWER
18,336,774
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,336,774
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.0%(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 166,992,187 Ordinary Shares issued and outstanding as disclosed by the Issuer in its Report of a Foreign Private Issuer on Form 6-K as of May 9, 2024, filed with the Securities and Exchange Commission on May 10, 2024.

 

 

 

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:
   
    9 Hapsagot Street, Petah Tikva 4951041, 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

 

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 September 30, 2024 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.

 

 

 

CUSIP No. M5216V106 SCHEDULE 13G Page 5 of 6

 

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: November 14, 2024

 

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/ Marcia Lin  
Name: Marcia Lin  
Title: Authorized Signatory  
     
By: /s/ Christian Garbe  
Name: Christian Garbe  
Title: Authorized Signatory