STOCK TITAN

Grace & Mercy Foundation boosts GLOO (GLOO) disclosure with 2.5M Class A shares

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

Rhea-AI Filing Summary

Grace & Mercy Foundation, Inc. filed an Amendment No. 3 to its Schedule 13D reporting its stake in GLOO HOLDINGS, INC.. As of June 9, 2026, the foundation beneficially owned 2,500,000 shares of Class A Common Stock, representing approximately 12.0% of that class.

The foundation has sole voting and dispositive power over all 2,500,000 shares. As of the same date, GLOO had 20,793,009 Class A shares and 61,317,648 Class B shares outstanding. Class A shares carry one vote per share, while Class B shares carry ten votes and are convertible into Class A on a one-for-one basis.

The filing notes that the reporting person and related covered persons have not executed any transactions in GLOO Class A stock during the 60 days prior to the event date or the filing date, indicating this amendment primarily updates ownership and outstanding share figures rather than reporting new trading activity.

Positive

  • None.

Negative

  • None.
Beneficial ownership 2,500,000 shares Class A Common Stock held by Grace & Mercy Foundation as of June 9, 2026
Percent of Class A owned 12.0% Class A Common Stock represented by Grace & Mercy Foundation’s holdings
Class A shares outstanding 20,793,009 shares GLOO Class A Common Stock outstanding as of May 29, 2026
Class B shares outstanding 61,317,648 shares GLOO Class B Common Stock outstanding as of May 29, 2026
Sole voting power 2,500,000 shares Shares over which the reporting person has sole voting authority
Sole dispositive power 2,500,000 shares Shares over which the reporting person has sole dispositive authority
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 10 | Shared Dispositive Power 0.00"
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
"61,317,648 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.
Schedule 13D financial
"filed a statement on Schedule 13G to report the acquisition that is the subject of this"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
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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)
06/09/2026

(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:06/11/2026

FAQ

What ownership stake does Grace & Mercy Foundation report in GLOO (GLOO)?

Grace & Mercy Foundation reports beneficial ownership of 2,500,000 GLOO Class A shares, representing about 12.0% of that class. The foundation holds sole voting and dispositive power over these shares as of June 9, 2026.

How many GLOO shares are outstanding according to this Schedule 13D/A?

The filing states GLOO has 20,793,009 Class A shares and 61,317,648 Class B shares outstanding. These figures are based on amounts reported as of May 29, 2026 in the company’s Form 10-Q filed on June 9, 2026.

What voting rights do GLOO Class A and Class B shares carry?

Each GLOO Class A Common Share is entitled to one vote, while each Class B share carries ten votes. Class B shares are also convertible at any time into one Class A share, giving Class B holders significantly greater voting influence per share.

Did Grace & Mercy Foundation trade GLOO stock before this 13D amendment?

The filing states that no transactions in GLOO Class A Common Stock were made by the reporting person or covered persons during the 60 days before the event date or the filing date. The amendment mainly updates ownership and share count information.

Who signed the amended Schedule 13D for GLOO (GLOO)?

The amended Schedule 13D was signed by ImHyuk Yi as Treasurer of Grace & Mercy Foundation, Inc. The signature section certifies, after reasonable inquiry, that the information provided is true, complete, and correct as of June 11, 2026.

What is the significance of this being Amendment No. 3 to the Schedule 13D?

Amendment No. 3 indicates Grace & Mercy Foundation previously filed Schedule 13D reports and is updating disclosed information. This amendment focuses on the current beneficial ownership level and the updated number of GLOO Class A and Class B shares outstanding.