Citadel group stakes 9.2% in Greenland Energy Company (GLND)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Greenland Energy Company ownership update: Citadel entities report shared beneficial ownership of 4,293,039 Shares (9.2% of the class) and Kenneth Griffin is reported to beneficially own 4,307,948 Shares (9.3%).
Percentages are calculated using 46,530,312 Shares outstanding as of April 29, 2026, which the filing states includes 1,250,000 Shares received on warrant exercise and 2,875,080 Shares issuable upon conversion of certain warrants held by affiliates. The ownership is reported as shared voting and dispositive power for the Citadel entities; sole voting and dispositive power are reported as zero.
Positive
- None.
Negative
- None.
Key Figures
Citadel shared holdings: 4,293,039 shares
Kenneth Griffin holdings: 4,307,948 shares
Shares outstanding: 46,530,312 shares
+2 more
5 metrics
Citadel shared holdings
4,293,039 shares
reported beneficial ownership (9.2%)
Kenneth Griffin holdings
4,307,948 shares
reported beneficial ownership (9.3%)
Shares outstanding
46,530,312 shares
as of April 29, 2026 (basis for percentages)
Warrants exercised
1,250,000 shares
included in the April 29, 2026 outstanding count
Warrants issuable
2,875,080 shares
issuable upon conversion held by affiliates (included in outstanding basis)
Key Terms
Schedule 13G, Shared Dispositive Power, Beneficially own, Warrants issuable upon conversion
4 terms
Schedule 13G regulatory
"This statement is being jointly filed by Citadel Advisors LLC"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially own regulatory
"may be deemed to beneficially own 4,293,039 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.
Warrants issuable upon conversion financial
"2,875,080 Shares issuable upon conversion of certain warrants"
FAQ
What stake does Citadel report in Greenland Energy (GLND)?
Citadel reports shared beneficial ownership of 4,293,039 Shares (9.2%). The filing states this holding reflects shared voting and dispositive power across Citadel entities, calculated using 46,530,312 Shares outstanding as of April 29, 2026 including certain warrant-related issuances.