# EDGAR Filing Document

**Accession Number:** 0002011524
**File Stem:** 0000929638-25-003306
**Filing Date:** 2025-8
**Character Count:** 16395
**Document Hash:** a8610479e757199c60d22cf2db040d26
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-25-003306.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0000929638-25-003306

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**EFFECTIVENESS DATE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AYAL Capital Advisors Ltd
- **CENTRAL INDEX KEY:** 0002011524

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** Z4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23905
- **FILM NUMBER:** 251280741

**BUSINESS ADDRESS:**
- **STREET 1:** 151 YONGE STREET
- **STREET 2:** SUITE 1900
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5C 2W7
- **BUSINESS PHONE:** 416-687-6671

**MAIL ADDRESS:**
- **STREET 1:** 151 YONGE STREET
- **STREET 2:** SUITE 1900
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5C 2W7

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0002011524

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** AYAL Capital Advisors Ltd

**Address:** 151 YONGE STREET, TORONTO, A6 M5C 2W7

**Telephone number:** 416-687-6671

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-23905

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 54930065BRN9SKPA6228

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                      | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                                                                                                                                                                                       | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Cavco Industries, Inc.              | 149568107 | 07/30/2024     | Advisory vote to approve named executive officer compensation                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          29861 |                0 | For         |                                    29861 | FOR                         |  |
| Flex Ltd.                           | Y2573F102 | 08/08/2024     | NON-BINDING, ADVISORY RESOLUTION. To approve the compensation of the Company's named executive officers, as disclosed pursuant to Item 402 of Regulation S-K, set forth in "Compensation Discussion and Analysis" and in the compensation tables and the accompanying narrative disclosure under "Executive Compensation" in the Company's proxy statement relating to its 2024 Annual General Meeting | SECTION 14A SAY-ON-PAY VOTES |          11500 |            86800 | For         |                                    11500 | FOR                         |  |
| PowerFleet, Inc.                    | 73931J109 | 09/17/2024     | Approval, on an advisory basis, of the Company's executive compensation.                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         648818 |                0 | For         |                                   648818 | FOR                         |  |
| Avid Bioservices, Inc.              | 05368M106 | 10/16/2024     | To approve, by an advisory vote, a non-binding resolution approving the compensation of the Company's named executive officers, as disclosed in the Company's proxy statement                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          64706 |           287453 | For         |                                    64706 | FOR                         |  |
| i3 Verticals, Inc.                  | 46571Y107 | 02/25/2025     | To consider and act upon a non-binding, advisory vote to approve the compensation of the Company's named executive officers as disclosed in the Proxy Statement.                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         152616 |           107228 | For         |                                   152616 | FOR                         |  |
| REV Group, Inc.                     | 749527107 | 02/27/2025     | Advisory vote on the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         215997 |             9126 | For         |                                   215997 | FOR                         |  |
| Enviri Corporation                  | 415864107 | 04/24/2025     | Vote, on an advisory basis, to approve named executive officer compensation                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         880526 |            84353 | For         |                                   880526 | FOR                         |  |
| JELD-WEN Holding, Inc.              | 47580P103 | 04/24/2025     | To approve, by non-binding advisory vote, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         151733 |                0 | For         |                                   151733 | FOR                         |  |
| Kirby Corporation                   | 497266106 | 04/29/2025     | Advisory vote on the approval of the compensation of Kirby's named executive officers.                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          30489 |            26211 | For         |                                    30489 | FOR                         |  |
| KBR, Inc.                           | 48242W106 | 05/14/2025     | Advisory vote to approve KBR's named executive officer compensation.                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          57339 |            95461 | For         |                                    57339 | FOR                         |  |
| Bio-Rad Laboratories, Inc.          | 090572207 | 04/22/2025     | Stockholder proposal requesting approval of certain executive severance arrangements.                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          13595 |                5 | For         |                                    13595 | FOR                         |  |
| International Paper Company         | 460146103 | 05/12/2025     | A Non-Binding Resolution to Approve the Compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          19500 |           143900 | For         |                                    19500 | FOR                         |  |
| Stoneridge, Inc.                    | 86183P102 | 05/13/2025     | Approval, on advisory basis, of the 2024 compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         894003 |            29491 | For         |                                   894003 | FOR                         |  |
| DuPont de Nemours, Inc.             | 26614N102 | 05/22/2025     | Advisory Resolution to Approve Executive Compensation.                                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          63074 |            11026 | For         |                                    63074 | FOR                         |  |
| CNH Industrial N.V                  | N20944109 | 05/12/2025     | Approval of executive compensation (“Say on Pay”) (advisory voting item).                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         300000 |                0 | For         |                                   300000 | FOR                         |  |
| ANI Pharmaceuticals, Inc.           | 00182C103 | 05/22/2025     | To approve the compensation of the Company's named executive officers, on a non-binding, advisory basis.                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          45315 |                0 | For         |                                    45315 | FOR                         |  |
| Everus Construction Group, Inc.     | 300426103 | 05/20/2025     | Advisory Vote to Approve the Frequency of Future Advisory Votes to Approve the Compensation Paid to the Company's Names Executive Officers.                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          62684 |                0 | 1 Year      |                                    62684 | FOR                         |  |
| Everus Construction Group, Inc.     | 300426103 | 05/20/2025     | Advisory Vote to Approve the Compensation Paid to the Company's Named Executive Officers.                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          62684 |                0 | For         |                                    62684 | FOR                         |  |
| Orthofix Medical Inc.               | 68752M108 | 06/18/2025     | Advisory and Non-Binding Vote to Approve Executive Compensation.                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         508963 |            84240 | For         |                                   508963 | FOR                         |  |
| Six Flags Entertainment Corporation | 83001C108 | 06/25/2025     | Advisory approval of our named executive officer compensation.                                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         146250 |            93750 | For         |                                   146250 | FOR                         |  |
| Six Flags Entertainment Corporation | 83001C108 | 06/25/2025     | Advisory vote regaring the frequency of stockholder advisory votes on executive compensation.                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         146250 |            93750 | 1 Year      |                                   146250 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** AYAL Capital Advisors Ltd

**By (Signature):** Peter Chan

**By (Printed Signature):** Peter Chan

**By (Title):** Chief Compliance Officer

**Date:** 08/29/2025