Wolverine-affiliated investors report a 6.57% holding (1,149,484 shares) of Globa Terra Acquisition Corp Class A Ordinary Shares. The filing states the stake equals 1,149,484 of 17,499,550 outstanding Class A shares as of 08/14/2025, and the reporting parties exercise shared voting and dispositive power but no sole voting or dispositive power.
The group of reporting persons includes Wolverine Asset Management, LLC, Wolverine Holdings, L.P., Wolverine Trading Partners, Inc., and individuals Christopher L. Gust and Robert R. Bellick, all organized or resident in Illinois or the U.S. The filing certifies the securities were acquired and are held in the ordinary course of business and not for control purposes.
Positive
Position exceeds 5%, triggering transparency and investor notice: 1,149,484 shares
Disclosed shared voting/dispositive power provides clarity on influence without sole control
Certified ordinary-course holding under the filing's signature and attestations
Negative
No sole voting or dispositive power (0 shares), limiting unilateral influence
Stake is 6.57% and could dilute or fall below 5% with future share issuance
Insights
Holding >5% signals a meaningful passive stake with shared control.
The combined position of 1,149,484 shares represents 6.57% of the Class A stock based on 17,499,550 shares outstanding as of 08/14/2025, which triggers beneficial-owner disclosure thresholds. The filing shows shared voting and dispositive power but zero sole power, indicating collective decision rights rather than exclusive control.
Dependencies include continued alignment among the reported entities and funds named as having rights to dividends or sale proceeds. Monitor any future amendments or Schedule 13D filings within the next 45 days for changes to ownership intent or control; the signature block shows certification dated 10/01/2025.
Disclosure clarifies governance influence but shows no immediate control shift.
The report designates the reporting persons as an investment adviser/group of related entities and individuals, with shared voting power of 1,149,484 shares. Because the filing is a Schedule 13G rather than a 13D, it indicates the position is reported as passive or in the ordinary course of business under applicable rules.
Key items to watch include any conversion of Class A shares, changes in outstanding share count that would alter the 6.57% threshold, or subsequent amendments that would convert this passive disclosure into an active intent statement within the near term.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Globa Terra Acquisition Corp
(Name of Issuer)
Class A Ordinary Shares, par value $0.0001 per share
(Title of Class of Securities)
G3933N116
(CUSIP Number)
09/30/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
G3933N116
1
Names of Reporting Persons
WOLVERINE ASSET MANAGEMENT LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ILLINOIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,149,484.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,149,484.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,149,484.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.57 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP No.
G3933N116
1
Names of Reporting Persons
Wolverine Trading Partners, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ILLINOIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,149,484.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,149,484.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,149,484.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.57 %
12
Type of Reporting Person (See Instructions)
CO, HC
SCHEDULE 13G
CUSIP No.
G3933N116
1
Names of Reporting Persons
Wolverine Holdings, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ILLINOIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,149,484.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,149,484.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,149,484.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.57 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No.
G3933N116
1
Names of Reporting Persons
Christopher L. Gust
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ILLINOIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,149,484.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,149,484.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,149,484.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.57 %
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
CUSIP No.
G3933N116
1
Names of Reporting Persons
Robert R. Bellick
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ILLINOIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,149,484.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,149,484.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,149,484.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.57 %
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Globa Terra Acquisition Corp
(b)
Address of issuer's principal executive offices:
382 NE 191st Street #952377, Miami, Florida, 33179
Item 2.
(a)
Name of person filing:
Wolverine Asset Management, LLC
Wolverine Holdings, L.P.
Wolverine Trading Partners, Inc.
Christopher L. Gust
Robert R. Bellick
(b)
Address or principal business office or, if none, residence:
c/o Wolverine Asset Management, LLC
175 West Jackson Boulevard, Suite 340
Chicago, IL 60604
(c)
Citizenship:
Wolverine Asset Management, LLC - Illinois
Wolverine Holdings, L.P. - Illinois
Wolverine Trading Partners, Inc. - Illinois
Christopher L. Gust - U.S. Citizen
Robert R. Bellick - U.S. Citizen
(d)
Title of class of securities:
Class A Ordinary Shares, par value $0.0001 per share
(e)
CUSIP No.:
G3933N116
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Wolverine Asset Management, LLC ("WAM") is an investment manager and has voting and dispositive power over 1,149,484 Class A Ordinary Shares of the Issuer. The sole member and manager of WAM is Wolverine Holdings, L.P. ("Wolverine Holdings"). Robert R. Bellick and Christopher L. Gust may be deemed to control Wolverine Trading Partners, Inc. ("WTP"), the general partner of Wolverine Holdings.
(b)
Percent of class:
6.57%. WAM may be deemed the beneficial owner of 6.57% of the Issuer's Class A Ordinary Shares, and each of Wolverine Holdings, WTP, Mr. Bellick, and Mr. Gust may be deemed the beneficial owner of 6.57% of the Issuer's outstanding Class A Ordinary Shares. Percentages were calculated by dividing the number of shares deemed beneficially owned by each reporting person by 17,499,550 (the number of Class A Ordinary Shares outstanding as of August 14, 2025 according to Form 10-Q for June 30, 2025).
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
1,149,484
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
1,149,484
Item 5.
Ownership of 5 Percent or Less of a Class.
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Wolverine Flagship Fund Trading Limited is known to have the right to receive the receipt of dividends from, or the proceeds from the sale of, the Class A Ordinary Shares covered by this statement that may be deemed to be beneficially owned by WAM.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake did Wolverine report in Globa Terra (GTERA)?
The reporting group disclosed beneficial ownership of 1,149,484 shares, equal to 6.57% of Class A Ordinary Shares.
Does the filing indicate sole voting control of GTERA by Wolverine?
No. The filing reports 0 shares of sole voting power and 1,149,484 shares of shared voting power.
Which entities and individuals are listed as reporting persons?
Reported parties are Wolverine Asset Management, LLC, Wolverine Holdings, L.P., Wolverine Trading Partners, Inc., and individuals Christopher L. Gust and Robert R. Bellick.
On what basis was the percentage ownership calculated?
Percent ownership (6.57%) was calculated using 17,499,550 Class A shares outstanding as of 08/14/2025.