Greenland Energy (GLND): Citadel group and Kenneth Griffin disclose 5.8% ownership
Rhea-AI Filing Summary
Greenland Energy Company received an updated ownership report from a group of Citadel-affiliated entities and Kenneth Griffin. The reporting persons may be deemed to beneficially own 2,713,536 Shares of common stock, representing 5.8% of the outstanding Shares.
The percentage is based on 46,389,975 Shares outstanding, including 43,730,194 Shares outstanding as of May 13, 2026 and 2,659,781 Shares issuable upon conversion of certain warrants held by affiliates of the reporting persons. All voting and dispositive authority is reported as shared, with no sole voting or dispositive power for any reporting person.
Positive
- None.
Negative
- None.
Key Figures
Kenneth Griffin beneficial ownership: 2,713,536 Shares
Citadel Advisors beneficial ownership: 2,701,669 Shares
Citadel Securities beneficial ownership: 11,867 Shares
+4 more
7 metrics
Kenneth Griffin beneficial ownership
2,713,536 Shares
Shares of Greenland Energy Company common stock that Mr. Griffin may be deemed to beneficially own
Citadel Advisors beneficial ownership
2,701,669 Shares
Shares that each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC may be deemed to beneficially own
Citadel Securities beneficial ownership
11,867 Shares
Shares that Citadel Securities LLC, Citadel Securities Group LP and Citadel Securities GP LLC may be deemed to beneficially own
Ownership percentage
5.8%
Portion of Greenland Energy Company Shares outstanding attributed to Kenneth Griffin, Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC
Shares outstanding baseline
46,389,975 Shares
Shares outstanding used to calculate ownership percentages, including shares issuable upon warrant conversion
Shares from warrant conversion
2,659,781 Shares
Shares issuable upon conversion of certain warrants held by affiliates of the reporting persons
Shares outstanding as of May 13, 2026
43,730,194 Shares
Shares of Greenland Energy Company outstanding as of May 13, 2026 per the issuer’s Form 10-Q
Key Terms
beneficially own, shared voting power, shared dispositive power, attorney-in-fact, +1 more
5 terms
beneficially own financial
"may be deemed to beneficially own 2,701,669 Shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
attorney-in-fact regulatory
"Seth Levy, attorney-in-fact*"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
power of attorney regulatory
"pursuant to a power of attorney previously filed"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What stake does Citadel report owning in Greenland Energy Company (GLND)?
Citadel-affiliated entities and Kenneth Griffin report that they may be deemed to beneficially own 2,713,536 Shares of Greenland Energy Company common stock, representing 5.8% of the outstanding Shares based on 46,389,975 Shares outstanding.
How is the 5.8% ownership in GLND calculated in this Schedule 13G/A?
The 5.8% figure is based on 46,389,975 Shares outstanding, comprising 43,730,194 Shares outstanding as of May 13, 2026, plus 2,659,781 Shares issuable upon conversion of certain warrants held by affiliates of the reporting persons.
Who signed the GLND Schedule 13G/A for the Citadel reporting group?
The filing is signed by Seth Levy as Authorized Signatory for the Citadel entities and as attorney-in-fact for Kenneth Griffin, pursuant to a previously filed power of attorney incorporated by reference.
AI-generated analysis. How Rhea-AI works. Not financial advice.