TD Entities File Joint 13G/A Reporting 3.8% Stake in Charlton Aria (CHARU)
Rhea-AI Filing Summary
Charlton Aria Acquisition Corp: TD Securities (USA) LLC reports beneficial ownership of 339,967 Class A ordinary shares of Charlton Aria Acquisition Corp, representing 3.8% of the class. The filing shows TD Securities has sole voting and sole dispositive power over those shares. Related Toronto Dominion entities are included in a joint filing; the other entities report minimal or no aggregate beneficial ownership. The filers certify the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.
Positive
- TD Securities reports clear, specific disclosure of 339,967 shares and a 3.8% stake, improving transparency for investors
- Filing includes a joint filing agreement and certification that the holdings are passive and held in the ordinary course
Negative
- None.
Insights
TD Securities reports a passive 3.8% stake (339,967 shares); filing states no intent to influence control.
The Schedule 13G/A identifies TD Securities (USA) LLC as beneficial owner of 339,967 Class A shares (3.8%) with sole voting and dispositive power. The filing is presented as a joint filing among several Toronto Dominion entities and includes a certification that holdings are held in the ordinary course and not to change or influence control. Because the position is reported on a 13G/A with an explicit passive certification, the disclosure signals a reported passive stake rather than an activist intent.
Joint filing and certification indicate coordinated, compliant reporting of a sub-5% passive stake by TD-related entities.
The document includes a joint filing agreement among TD Securities (USA) LLC, Toronto Dominion Holdings (USA) Inc., TD Group US Holdings LLC, and Toronto Dominion Bank, demonstrating internal coordination on SEC disclosure. Signatories include senior TD officers certifying accuracy and the passive nature of the holdings. The report identifies sole voting and dispositive power for TD Securities over the disclosed shares while other TD entities report zero or de minimis holdings.