Ingalls & Snyder reports 5.8% stake in MindWalk Holdings Corp. (IPA)

Rhea-AI Filing Summary

MindWalk Holdings Corp. filing: Ingalls & Snyder, LLC reported beneficial ownership of 2,729,122 shares of Common Stock, representing 5.8% of the class as of 12/31/2025. The Schedule 13G/A states these shares are held in client accounts with shared dispositive power.

Key Figures

Filing type: Schedule 13G/A Shares beneficially owned: 2,729,122 shares Percent of class: 5.8% +3 more

6 metrics

Filing type Schedule 13G/A Amendment reporting beneficial ownership

Shares beneficially owned 2,729,122 shares Amount reported by Ingalls & Snyder as beneficially owned

Percent of class 5.8% Percentage of Common Stock class reported as of 12/31/2025

CUSIP 602687105 CUSIP for MindWalk Common Stock as shown in the filing

Ownership as of 12/31/2025 Date tied to the reported ownership percentage

Signature date 04/23/2026 Date the amendment was signed by the filer representative

Key Terms

Schedule 13G/A, beneficially owned, shared dispositive power, CUSIP

4 terms

Schedule 13G/A regulatory

"Amendment No. 1 ) MindWalk Holdings Corp. COMMON STOCK"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficially owned financial

"Amount beneficially owned: 2729122 (b) Percent of class: 5.8 %"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

shared dispositive power regulatory

"Shared Dispositive Power 2,729,122.00"

CUSIP financial

"COMMON STOCK 602687105"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

MindWalk Holdings Corp.

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

602687105

(CUSIP Number)

12/31/2025

(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)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 602687105

1

Names of Reporting Persons

INGALLS & SNYDER 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

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,729,122.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,729,122.00

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)

5.8 %

12

Type of Reporting Person (See Instructions)

IA, BD

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MindWalk Holdings Corp.
(b)	Address of issuer's principal executive offices: 3204-4464 MARKHAM STREET, VICTORIA, BRITISH COLUMBIA, CANADA, V8Z 7X8
Item 2.
(a)	Name of person filing: INGALLS & SNYDER, LLC
(b)	Address or principal business office or, if none, residence: 1 ROCKEFELLER PLAZA, NEW YORK, NY 10020
(c)	Citizenship: NEW YORK
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 602687105
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: 2729122
(b)	Percent of class: 5.8 %
(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: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 2729122
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
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. Securities reported under Shared Dispositive Power include securities owned by clients of Ingalls & Snyder LLC, a registered broker dealer and a registered investment advisor, in accounts managed under investment advisory contracts.
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.

INGALLS & SNYDER LLC

Signature:	THOMAS O BOUCHER JR
Name/Title:	MANAGING DIRECTOR
Date:	04/23/2026

FAQ

What stake does Ingalls & Snyder report in MindWalk Holdings (IPA)?

Ingalls & Snyder reports beneficial ownership of 2,729,122 shares, or 5.8%. The Schedule 13G/A lists this position as of 12/31/2025 and shows shared dispositive power over the shares held in client accounts.

What does "shared dispositive power" mean in the MindWalk (IPA) filing?

It indicates Ingalls & Snyder shares authority to direct sales of the shares. The filing states the 2,729,122 shares are held in client accounts managed under advisory contracts, with the firm exercising shared dispositive power.

Which record dates are in the MindWalk (IPA) Schedule 13G/A?

The ownership percentage is reported "as of 12/31/2025." The signature on the amendment is dated 04/23/2026, which indicates when the Schedule 13G/A amendment was signed and filed.

Who signed the MindWalk (IPA) Schedule 13G/A amendment?

Thomas O. Boucher, Managing Director, signed the filing. The signature block shows his title and the amendment signature date of 04/23/2026 for Ingalls & Snyder, LLC as the filer.

Does the MindWalk (IPA) filing show voting control of the reported shares?

No sole voting power is reported. The Schedule 13G/A lists 0 shares with sole voting or sole dispositive power and shows 2,729,122 shares under shared dispositive power.