Grace & Mercy boosts Gloo Holdings stake to 12%
Grace & Mercy Foundation, Inc. filed Amendment No. 4 to a Schedule 13D regarding its holdings in Gloo Holdings, Inc. Class A common stock.
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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Filing Explained
The July 10 closing left Grace & Mercy Foundation with 12.0% of Class A, while the offering expanded the share base for existing holders.
This July 13 Schedule 13D/A reports that Grace & Mercy Foundation, Inc. agreed on
The filing reports 28,523,881 Class A shares outstanding after adjustment for the offering’s closing; under the supplied definition, issuing additional shares expands the share count and reduces an existing holder’s percentage ownership absent offsetting changes.
Schedules 13D and 13G disclose ownership above
The purchase was made with the foundation’s working capital at
The filing states that Class A carries one vote per share, while Class B carries ten votes per share and is convertible into Class A, so the reported
Key Figures
Key Terms
Schedule 13D regulatory
beneficially own regulatory
sole dispositive power regulatory
underwritten public offering financial
Class B Common Stock financial
FAQ
What did Grace & Mercy Foundation disclose in this Schedule 13D/A for GLOO?
How is Grace & Mercy Foundation’s control over its GLOO holdings described?
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