American Capital Management (NASDAQ: CRNC) reports a 5.6% stake in Cerence
Rhea-AI Filing Summary
American Capital Management files an Amendment No. 2 to a Schedule 13G/A reporting ownership in Cerence, Inc. The filing states 2,519,289 shares are beneficially owned, equal to 5.60% of the class. It reports sole voting power of 2,519,289 shares and sole dispositive power of 1,385,539 shares. The form is signed by Michael Meagher, CCO on 05/12/2026.
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Insights
Filer reports a 5.60% passive ownership stake with split voting and dispositive powers.
The filing lists 2,519,289 shares as beneficially owned (5.60%) and shows identical sole voting power. Reported sole dispositive power is 1,385,539 shares, indicating partial control over disposition of the position.
These holdings are below common 10% reporting thresholds that often signal activist interest; subsequent changes would appear in later Schedule 13 filings. Timing and cash‑flow treatment are not stated in the excerpt.
Amendment corrects or updates prior Schedule 13G disclosures and is signed by a company officer.
The document is an amended beneficial‑ownership disclosure under Schedule 13G/A, signed by Michael Meagher as CCO on 05/12/2026. It explicitly ties voting and dispositive powers to numeric counts.
Because the filing is an amendment, stakeholders should expect any earlier filing to be superseded by these numbers; further amendments may follow if holdings or powers change.