# EDGAR Filing Document

**Accession Number:** 0001835963
**File Stem:** 0001594805-23-000004
**Filing Date:** 2023-2
**Character Count:** 16939
**Document Hash:** fddbaccb9804433da23cbb09a9c6f5a8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001594805-23-000004.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001594805-23-000004

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Global-E Online Ltd.
- **CENTRAL INDEX KEY:** 0001835963
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** L3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93220
- **FILM NUMBER:** 23613161

**BUSINESS ADDRESS:**
- **STREET 1:** 25 BASEL STREET
- **CITY:** PETAH
- **STATE:** L3
- **ZIP:** 4951038
- **BUSINESS PHONE:** 646 503 1290

**MAIL ADDRESS:**
- **STREET 1:** 25 BASEL STREET
- **CITY:** PETAH
- **STATE:** L3
- **ZIP:** 4951038
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SHOPIFY INC.
- **CENTRAL INDEX KEY:** 0001594805
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** Z4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 151 O'CONNOR STREET
- **STREET 2:** GROUND FLOOR
- **CITY:** OTTAWA
- **STATE:** A6
- **ZIP:** K2P 2L8
- **BUSINESS PHONE:** 613-241-2828

**MAIL ADDRESS:**
- **STREET 1:** 151 O'CONNOR STREET
- **STREET 2:** GROUND FLOOR
- **CITY:** OTTAWA
- **STATE:** A6
- **ZIP:** K2P 2L8

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**SCHEDULE 13G/A** 

**Under the Securities Exchange Act of 1934** 

**(Amendment No. 2)\*** 

**Global-E Online Ltd.** 

**(Name of Issuer)** 

**Ordinary Shares** 

**(Title of Class of Securities)** 

**M5216V106**

**(CUSIP Number)** 

**December 31, 2022** 

**(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) <br>

\* 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).

------

 <br> CUSIP No. M5216V106

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;1 | NAME OF REPORTING PERSON<br>Shopify Inc. | NAME OF REPORTING PERSON<br>Shopify Inc. | NAME OF REPORTING PERSON<br>Shopify Inc. |
| &nbsp;&nbsp;2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ☐ (b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ☐ (b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ☐ (b) ☐ |
| &nbsp;&nbsp;3 | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| &nbsp;&nbsp;4 | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Canada | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Canada | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Canada |
| NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | 5 | SOLE VOTING POWER<br>0 |
| NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | 6 | SHARED VOTING POWER<br>20,624,445 |
| NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | 7 | SOLE DISPOSITIVE POWER<br>0 |
| NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | 8 | SHARED DISPOSITIVE POWER<br>20,624,445 |
| &nbsp;&nbsp;9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>20,624,445 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>20,624,445 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>20,624,445 |
| &nbsp;&nbsp;10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐ | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐ | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐ |
| &nbsp;&nbsp;11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>12.80% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>12.80% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>12.80% |
| &nbsp;&nbsp;12 | TYPE OF REPORTING PERSON (See Instructions)<br>CO | TYPE OF REPORTING PERSON (See Instructions)<br>CO | TYPE OF REPORTING PERSON (See Instructions)<br>CO |

---

------

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;1 | NAME OF REPORTING PERSON<br>Shopify International Limited | NAME OF REPORTING PERSON<br>Shopify International Limited | NAME OF REPORTING PERSON<br>Shopify International Limited |
| &nbsp;&nbsp;2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ☐ (b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ☐ (b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ☐ (b) ☐ |
| &nbsp;&nbsp;3 | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| &nbsp;&nbsp;4 | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Ireland | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Ireland | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Ireland |
| NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | 5 | SOLE VOTING POWER<br>0 |
| NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | 6 | SHARED VOTING POWER<br>20,624,445 |
| NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | 7 | SOLE DISPOSITIVE POWER<br>0 |
| NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON<br>WITH | 8 | SHARED DISPOSITIVE POWER<br>20,624,445 |
| &nbsp;&nbsp;9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>20,624,445 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>20,624,445 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>20,624,445 |
| &nbsp;&nbsp;10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐ | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐ | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐ |
| &nbsp;&nbsp;11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>12.80% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>12.80% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>12.80% |
| &nbsp;&nbsp;12 | TYPE OF REPORTING PERSON (See Instructions)<br>CO | TYPE OF REPORTING PERSON (See Instructions)<br>CO | TYPE OF REPORTING PERSON (See Instructions)<br>CO |

---

------

**Item 1.**

**(a)** **Name of Issuer:**

Global-E Online Ltd. (the "Issuer") <br>

**(b)** **Address of Issuer's Principal Executive Offices:**

9 HaPsagot Street, Petah Tikva 4951041, Israel

**Item 2.**

**(a)** **Name of Person Filing:**

This Schedule 13G is jointly filed by Shopify Inc. and Shopify International Limited (together, the "Reporting Persons").

Shopify International Limited is a wholly owned subsidiary of Shopify Inc. <br>

**(b)** **Address of Principal Business Office, or if none, Residence:**

The principal business address of Shopify Inc. is 151 O'Connor Street, Ground Floor, Ottawa, Ontario, Canada K2P 2L8.

The principal business address of Shopify International Limited is 2nd Floor Victoria Buildings 1-2 Haddington Road, Dublin 4, D04 XN32, Ireland.

**(c)** **Citizenship:**

Shopify Inc. is a company organized in Ontario, Canada.

Shopify International Limited is a company organized in Ireland.

**(d)** **Title of Class of Securities:**

Ordinary Shares ("Ordinary Shares") <br>

**(e)** **CUSIP Number:**

M5216V106

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| | |
|:---|:---|
| **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:** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(a)**☐ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(b)**□ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(c)**□ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(d)**□ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(e)**□ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(f)**□ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(g)**☐ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(h)**□ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(i)**□ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(j)**□ Group, in accordance with §240.13d-1(b)(1)(ii)(J).

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| | |
|:---|:---|
| **Item 4.** | **Ownership.** |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(a)&nbsp;&nbsp;&nbsp;&nbsp;Amount beneficially owned:**

As of December 31, 2022, each of the Reporting Persons may be deemed to be the beneficial owner of the Ordinary Shares listed on such Reporting Person's cover page.

As of December 31, 2022, Shopify International Limited is deemed to beneficially own 20,624,445 Ordinary Shares consisting of: (i) 19,390,608 Ordinary Shares directly held by it, and (ii) warrants exercisable for an additional 1,233,837 Ordinary Shares that will vest within 60 days of December 31, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(b)&nbsp;&nbsp;&nbsp;&nbsp;Percent of class:**

Each of the Reporting Persons may be deemed to be the beneficial owner of the percentage of Ordinary Shares listed on such Reporting Person's cover page. Calculations of the percentage of shares beneficially owned assume 161,160,692 Ordinary Shares outstanding consisting of: (i) 156,469,520 Ordinary Shares outstanding as of May 12, 2022, as reported by the Issuer in its Form 6-K filed on May 17, 2022, (ii) 3,457,335 Ordinary Shares underlying warrants that were exercised by Shopify International Limited between May 12, 2022 and December 31, 2022 and (iii) an aggregate of 1,233,837 Ordinary Shares underlying warrants held by Shopify International Limited that are currently vested and exercisable or that will vest within 60 days of December 31, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(c) &nbsp;&nbsp;&nbsp;&nbsp;Number of shares as to which the person has:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Sole power to vote or to direct the vote:

See each cover page hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Shared power to vote or to direct the vote:

------

See each cover page hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Sole power to dispose or to direct the disposition of:

See each cover page hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Shared power to dispose or to direct the disposition of:

See each cover page hereof.

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| | |
|:---|:---|
| <br>**Item 5.** | <br>**Ownership of Five Percent or Less of a Class.**  |

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If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐. <br>

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| | |
|:---|:---|
| **Item 6.** | **Ownership of More than Five Percent on Behalf of Another Person.** |

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Not applicable <br>

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| | |
|:---|:---|
| **Item 7.** | **Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.** |

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Not applicable<br>

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| | |
|:---|:---|
| **Item 8.** | **Identification and Classification of Members of the Group.** |

---

Not applicable**** 

<br> ---

| | |
|:---|:---|
| **Item 9.** | **Notice of Dissolution of Group.** |

---

Not applicable <br>

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| | |
|:---|:---|
| **Item 10.** | **Certification.** |

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By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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**SIGNATURE** 

<br> 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: February 10, 2023

**SHOPIFY INC.**

By: __<u>/s/ Jessica Hertz</u>________________

Name: Jessica Hertz

Title: General Counsel and Corporate Secretary

**SHOPIFY INTERNATIONAL LIMITED**

By: __<u>/s/ Caroline Kilduff</u>______________

Name: Caroline Kilduff

Title: Director

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**EXHIBIT A**

**JOINT FILING AGREEMENT**

In accordance with Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Ordinary Shares of Global-E Online Ltd. and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filing.

The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.

This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of February 10, 2023.

**SHOPIFY INC.**

By: ___<u>/s/ Jessica Hertz</u>_______________

Name: Jessica Hertz

Title: General Counsel and Corporate Secretary

**SHOPIFY INTERNATIONAL LIMITED**

By: ___<u>/s/ Caroline Kilduff</u>_____________

Name: Caroline Kilduff

Title: Director

<br>