STOCK TITAN

Grace & Mercy Foundation discloses 19.1% GLOO (GLOO) Class A ownership position

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Grace & Mercy Foundation, Inc. filed an amended ownership report showing a significant position in GLOO HOLDINGS, INC. Class A Common Stock. As of May 27, 2026, the foundation beneficially owned 2,500,000 Class A shares, representing about 19.1% of the Class A stock.

The filing states the foundation holds sole voting and dispositive power over these shares. On the same date, GLOO had 13,108,949 Class A shares and 69,298,373 Class B shares outstanding. Each Class A share has one vote, while each Class B share has ten votes and can be converted into one Class A share.

The amendment also notes that neither the foundation nor its covered persons traded GLOO Class A shares in the 60 days before the event date or the filing date.

Positive

  • None.

Negative

  • None.

Insights

Grace & Mercy discloses a sizable but stable GLOO stake.

The amendment shows Grace & Mercy Foundation holding 2,500,000 Class A shares, or about 19.1% of that class, with sole voting and dispositive power. This clarifies the scale and control characteristics of a major shareholder.

The filing also details GLOO’s dual-class structure: 13,108,949 Class A shares with one vote each and 69,298,373 Class B shares with ten votes each, convertible into Class A. This means economic ownership and voting power may differ across classes.

The statement that no Class A transactions occurred in the 60 days before the May 27, 2026 event date suggests this is an updated disclosure rather than a recent trade-driven change, so the information mainly refines transparency around an existing large holding.

Beneficial ownership 2,500,000 Class A shares Grace & Mercy Foundation holding as of May 27, 2026
Percent of Class A 19.1% Share of GLOO Class A Common Stock represented by 2,500,000 shares
Class A shares outstanding 13,108,949 shares GLOO Class A outstanding as of May 15, 2026
Class B shares outstanding 69,298,373 shares GLOO Class B outstanding as of May 15, 2026
Sole voting power 2,500,000 shares Shares over which Grace & Mercy has sole voting power
Sole dispositive power 2,500,000 shares Shares over which Grace & Mercy has sole dispositive power
beneficially own financial
"the Reporting Person may be deemed to beneficially own 2,500,000 shares of Class A Common Stock"
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.
sole voting power financial
"Number of Shares Beneficially Owned by Each Reporting Person With: 7 | Sole Voting Power 2,500,000.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"9 | Sole Dispositive Power 2,500,000.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Class B Common Stock financial
"69,298,373 shares of Class B Common Stock outstanding"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
convertible financial
"each share of Class B Common Stock is entitled to ten votes per share and is convertible at any time into one share of Class A Common Stock"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.





379598105

(CUSIP Number)
ImHyuk Yi
888 Seventh Avenue, 22nd Floor,,
New York, NY, 10106
212-984-8877

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
05/27/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D


Grace & Mercy Foundation, Inc.
Signature:/s/ ImHyuk Yi
Name/Title:ImHyuk Yi / Treasurer
Date:05/29/2026

FAQ

How many GLOO (GLOO) shares does Grace & Mercy Foundation beneficially own?

Grace & Mercy Foundation beneficially owns 2,500,000 shares of GLOO Class A Common Stock. The filing states this position represents approximately 19.1% of the Class A shares outstanding as of May 27, 2026.

What percentage of GLOO Class A stock does Grace & Mercy Foundation hold?

The foundation holds about 19.1% of GLOO’s Class A Common Stock. This percentage is based on 2,500,000 Class A shares owned out of 13,108,949 Class A shares outstanding as of May 27, 2026.

Does Grace & Mercy Foundation have voting control over its GLOO shares?

Yes. The filing reports sole voting power and sole dispositive power over the 2,500,000 GLOO Class A shares held. This means the foundation alone decides how these shares are voted and when they may be sold.

What is GLOO’s dual-class share structure described in this filing?

As of May 27, 2026, GLOO had 13,108,949 Class A and 69,298,373 Class B shares outstanding. Each Class A share carries one vote, while each Class B share carries ten votes and is convertible at any time into one Class A share.

Have there been recent GLOO share transactions by Grace & Mercy Foundation?

No recent trades are reported. The amendment states that neither the foundation nor covered persons effected any transactions in GLOO Class A Common Stock during the 60 days before the May 27, 2026 event date and the filing date.