Ravid Chagay has filed a Form 3 with the SEC, indicating that he currently holds no shares in Core AI Holdings, Inc. This filing is important as it showcases the commitment to transparency regarding ownership interests, which is essential in the radio telephone communications industry.

Ravid Chagay is associated with Core AI Holdings, Inc., which operates under the Central Index Key (CIK) 0001649009. The company is classified under the SIC code for radio telephone communications. Chagay's recent filing on November 3, 2026, follows a series of filings, including previous reports in April and June of the same year.

The filing states, "no securities owned" by Chagay, confirming his lack of ownership in the company as of October 28, 2026. This detail is crucial for stakeholders who monitor executive ownership as a sign of confidence in the company.

This update may affect various stakeholders, including investors and analysts who track executive ownership as a measure of alignment with shareholder interests. Transparency in ownership can influence investor sentiment and corporate governance practices.

The filing does not say what happens next, leaving stakeholders to await further developments from either Chagay or Core AI Holdings.

Details of the Filing

The Form 3 filing specifically indicates that Ravid Chagay is a director of Core AI Holdings, Inc., as evidenced by the reporting owner relationship section of the document. However, he does not hold any officer title or ownership stake in the company, which could be of interest to investors assessing the leadership structure.

Chagay's address listed in the filing is 25 SE 2nd Ave Ste 550, Miami, FL 33131, which differs from the business address of Core AI Holdings, located in Surrey, A1. This geographical distinction may be relevant for stakeholders considering the company's operational base versus Chagay's personal location.

"The filing confirms that Ravid Chagay holds no common shares in Core AI Holdings, Inc., reflecting a direct ownership nature classified as 'D' for direct ownership."

Context of Ownership

Given that the filing was made under the SEC Act of 1934, it emphasizes the regulatory requirements for disclosure by directors, which aims to promote transparency and protect investors. The lack of ownership may raise questions about Chagay's alignment with shareholder interests, especially in a company that has undergone name changes, previously known as Siyata Mobile Inc.

Furthermore, the filing does not provide any information about potential future transactions or intentions regarding ownership, leaving stakeholders without insights into Chagay's plans in relation to Core AI Holdings.