HOOPP Schedule 13G/A Shows 0% Ownership in FACTU
Rhea-AI Filing Summary
Healthcare of Ontario Pension Plan Trust Fund (HOOPP) filed a Schedule 13G/A reporting that it does not beneficially own any Class A ordinary shares of FACT II Acquisition Corp. The filing shows 0.00 shares and 0% of the class, with no sole or shared voting or dispositive power reported. HOOPP is identified as a pension plan formed as a trust under Ontario law and classified as a financial institution reporting person.
The filing includes HOOPP's certification that any securities referred to were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Positive
- Clear regulatory disclosure: HOOPP filed the Schedule 13G/A and certified the holdings are held in the ordinary course of business
- Regulatory comparability stated: The filing notes the pension plan is registered and subject to a regulatory scheme comparable to U.S. equivalents
Negative
- No beneficial ownership: Reported aggregate ownership is 0.00 shares (0%), meaning HOOPP holds no voting or dispositive power in FACT II
Insights
TL;DR: HOOPP reports no stake in FACT II, so this filing has no direct market or voting impact.
The Schedule 13G/A states an aggregate beneficial ownership of 0.00 shares (0%) and shows no sole or shared voting or dispositive power. From a market-impact perspective, this disclosure is neutral because it does not indicate capital deployment, share accumulation, or any intent to influence corporate control. For investors, the filing simply confirms HOOPP is not a stakeholder in FACT II and that the reporting person is a pension trust classified as a financial institution.
TL;DR: No governance implications; HOOPP confirms holdings are not intended to affect issuer control.
The document explicitly states that any securities referenced were acquired and held in the ordinary course of business and not with the purpose of changing or influencing control. Given the reported 0% ownership and the absence of voting or dispositive power, there are no governance risks or activist signals associated with HOOPP in relation to FACT II. This disclosure is procedural and confirms regulatory compliance by the reporting pension trust.