L1 Capital Global Opportunities Master Fund, Ltd. Reports 9.99% Ownership in Garden Stage Ltd

SEC Filing SCHEDULE 13G (0001079973-25-001206)

L1 Capital Global Opportunities Master Fund, Ltd. has filed a Schedule 13G with the SEC, disclosing a 9.99% ownership in Garden Stage Ltd. The filing indicates that the fund beneficially owns 7,110,764 ordinary shares of Garden Stage Ltd. The shares are held directly by the fund, and the filing also notes that 570,505 ordinary shares issuable upon exercise of Pre-Funded Warrants are subject to a 9.99% beneficial ownership limitation. The filing was signed by David Feldman, a Director of L1 Capital Global Opportunities Master Fund, Ltd., who along with Joel Arber, may be deemed to beneficially own the securities. However, both individuals disclaim beneficial ownership of these securities for all other purposes. The filing was made under Rule 13d-1(c) and was submitted on July 31, 2025.