Global X (EU) affiliate holds 12.95M shares of enCore Energy (EU)

Rhea-AI Filing Summary

enCore Energy Corp. schedule amendment: Global X Management Company LLC reports beneficial ownership of 12,950,996 common shares, representing 6.67% of the class as shown on the cover data. The filing states that the interest of Global X Uranium ETF relates to more than 5% of the class.

Insights

Portfolio Governance Analyst

Passive 13G amendment showing significant ETF-related holding.

The amendment records that Global X Management Company LLC beneficially owns 12,950,996 shares (6.67%) of enCore Energy. The filing incorporates cover-page ownership figures and identifies the Global X Uranium ETF as holding >5%.

This is a passive disclosure under Schedule 13G/A; the reported stake signals sizable ETF exposure rather than an active takeover intent. Subsequent filings would show any change in voting or disposition intent.

Securities Compliance Specialist

Disclosure aligns with Investment Company Act carve-outs for pooled vehicles.

The filing notes that shareholders of GX-managed investment companies are not listed individually under the Investment Company Act of 1940, while explicitly stating an ETF holds >5%. The cover data lists sole voting and dispositive power for 12,950,996 shares.

Filings of this type are routine amendments to update ownership; the record shows ownership levels and identification of the ETF but does not change cash‑flow treatment or state active control.

Key Figures

Beneficial ownership: 12,950,996 shares Percent of class: 6.67% CUSIP: 29259W700 +2 more

5 metrics

Beneficial ownership 12,950,996 shares cover-page data incorporated in amendment (reported amount)

Percent of class 6.67% percent of class reported on cover page

CUSIP 29259W700 class identifier for Common Shares, no par value

Cover-page date 03/31/2026 date shown near cover information

Signature date 05/15/2026 amendment signed by Ryan O'Connor, CEO

Key Terms

Schedule 13G/A, beneficially owned, Investment Company Act of 1940

3 terms

Schedule 13G/A regulatory

"Amendment No. 2 ) enCore Energy Corp. Common Shares"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficially owned regulatory

"Amount beneficially owned: The information in items 1 and 5 through 11"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Investment Company Act of 1940 regulatory

"A listing of the shareholders of an investment company registered under the Investment Company Act of 1940"

A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

enCore Energy Corp.

(Name of Issuer)

Common Shares, no par value

(Title of Class of Securities)

29259W700

(CUSIP Number)

03/31/2026

(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)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 29259W700

1

Names of Reporting Persons

Global X Management CO LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 12,950,996.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 12,950,996.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

12,950,996.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.67 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: enCore Energy Corp.
(b)	Address of issuer's principal executive offices: One Galleria Tower, 13355 Noel Rd, Suite 1700, Dallas, Texas, 75240
Item 2.
(a)	Name of person filing: Global X Management Company LLC ("GXMC")
(b)	Address or principal business office or, if none, residence: 605 3rd Avenue, 43rd Floor New York, NY 10158
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Shares, no par value
(e)	CUSIP No.: 29259W700
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:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(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);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information in items 1 and 5 through 11 on the cover page (p. 2) on Schedule 13G is hereby incorporated by reference.
(b)	Percent of class: 6.67 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 12,950,996
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 12,950,996
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Certain investment companies registered under Section 8 of the Investment Company Act of 1940 managed by GXMC have the right to receive any dividends from, or the proceeds from the sale of, the securities reported herein. Such interest of Global X Uranium ETF relates to more than 5 percent of the class of securities reported herein.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

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.

Global X Management CO LLC

Signature:	/s/ Ryan O'Connor
Name/Title:	Ryan O'Connor, Chief Executive Officer
Date:	05/15/2026

FAQ

What stake in enCore Energy (EU) does Global X Management report?

Global X Management reports beneficial ownership of 12,950,996 common shares, representing 6.67% of the class. This figure is taken from the cover-page ownership data incorporated into the amendment.

Does the filing name which Global X fund holds the shares?

Yes; the amendment states the interest of the Global X Uranium ETF relates to more than 5% of the class. The filing explains pooled investment company shareholders need not be listed individually.

What voting and dispositive power does Global X Management claim?

The cover data shows sole voting power of 12,950,996 shares and sole dispositive power of 12,950,996 shares. No shared voting or dispositive power is reported in the incorporated cover information.

What is the reporting date or period for this amendment?

The filing includes a cover-page date of 03/31/2026 and the amendment signature is dated 05/15/2026. The ownership figures are incorporated from the cover data referenced in the amendment.

Does this Schedule 13G/A indicate active control or intent to influence enCore Energy?

The amendment reports beneficial ownership and identifies an ETF holder; it does not state any active intent to influence management or control. The filing presents ownership facts without describing activist plans or changes in voting policy.