Grace and Mercy boosts GLOO Holdings (GLOO) disclosed Class A stake to 21.9%
Rhea-AI Filing Summary
Grace and Mercy Foundation, Inc. filed an amended Schedule 13D showing a significant stake in GLOO HOLDINGS, INC. Class A common stock. As of January 8, 2026, the foundation may be deemed to beneficially own 2,500,000 Class A shares, representing about 21.9% of that class, with sole voting and dispositive power. Earlier, as of December 23, 2025, the same 2,500,000 shares represented about 24.7% of Class A shares outstanding.
The filing states that Grace and Mercy Foundation may buy more Class A shares, hold them, sell them in the market or in private deals, or distribute them to other entities, depending on price, market conditions, and its own liquidity needs. It also anticipates discussions with GLOO’s management and board about matters that may include changes to the company’s capital structure and capital allocation. The foundation reports no transactions in the stock during the 60 days before December 23, 2025, January 8, 2026, and the filing date.
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Insights
Grace and Mercy holds a large GLOO stake and may engage on capital structure.
Grace and Mercy Foundation reports beneficial ownership of 2,500,000 GLOO Class A shares, equating to about
The disclosure that the foundation may buy more shares, sell shares, or distribute them, tied to factors like share price, market conditions, and its liquidity needs, indicates flexibility in its investment approach. The statement that it anticipates discussions with management and the board on matters that may include capital structure and allocation signals potential involvement in financial and strategic topics, though no specific proposals are outlined.
The mention of no transactions in the 60 days before the key dates suggests that its position has been stable recently, based on the excerpt. Future ownership levels and any governance impact will depend on subsequent actions and any outcomes of its discussions with GLOO’s leadership as disclosed in later company communications.