Nexxen International Ltd. has filed an amendment to its Schedule 13D, revealing that Mithaq Capital SPC plans to sell up to 1.6 million shares of its stock. This decision comes as Mithaq Capital continues to evaluate its investment in Nexxen, indicating a strategic shift that could impact the company and its stakeholders.

The filing, dated November 9, 2026, highlights Mithaq Capital's ongoing review of its investment strategy in light of market conditions and the performance of Nexxen. The sale is contingent on various factors, including stock price and market volume limitations.

Background

Nexxen International Ltd. operates in the computer programming and data processing industry, classified under the SIC code 7370. The company is listed on the Nasdaq under the ticker symbol NEXN. Nexxen has undergone several changes in its corporate structure, including a name change from Tremor International Ltd. in March 2021. Recent filings indicate that the company is actively engaged in managing its investments and responding to market dynamics.

What the Filing Says

The Schedule 13D/A filing states, "Mithaq Capital has filed a Form 144 disclosing its current intent to sell up to 1,600,000 Shares." It further notes that the sale will depend on market conditions and may be limited by the volume limitations of Rule 144. Mithaq Capital will continue to review its investment in Nexxen and may adjust its position based on various factors.

Impact

This development may affect shareholders and potential investors in Nexxen, as the sale of a significant number of shares could influence market perception and stock performance. The computer programming industry, in general, may also react to the changing investment landscape, as firms reassess their strategies in light of Mithaq Capital's actions.

What's Next

The filing does not specify what happens next regarding the share sale or any potential further actions by Mithaq Capital. Investors and analysts will be watching closely to see how this situation unfolds.