Grace & Mercy Foundation (GLOO) lifts Gloo Class A holdings to 3.42M shares
Rhea-AI Filing Summary
Grace & Mercy Foundation, Inc. filed Amendment No. 4 to a Schedule 13D regarding its holdings in Gloo Holdings, Inc. Class A common stock. On July 9, 2026, it agreed to purchase 923,076 Class A shares in the issuer’s underwritten public offering at $3.25 per share, for an aggregate of approximately $3,000,000; the transaction closed on July 10, 2026, funded from its working capital.
Following this purchase, Grace & Mercy Foundation may be deemed to beneficially own 3,423,076 Class A shares, representing 12.0% of the Class A common stock outstanding, with sole voting and dispositive power over these shares. As of the same dates, Gloo had 28,523,881 Class A shares and 59,048,408 Class B shares outstanding; Class A carries one vote per share, while Class B carries ten votes per share and is convertible into Class A on a one-for-one basis.
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