Greenland Mines reports 6.69M shares (5.5%)
Greenland Mines Ltd reports that Strategic EP, LLC and Alexander Chase Deitch collectively beneficially own 6,687,472 shares of Common Stock, representing 5.5% of the class as of 03/04/2026.
Rhea-AI Filing Summary
Greenland Mines Ltd reports that Strategic EP, LLC and Alexander Chase Deitch collectively beneficially own 6,687,472 shares of Common Stock, representing 5.5% of the class as of 03/04/2026. The filing states the holdings reflect shared voting and shared dispositive power of 6,687,472 shares.
The Reporting Persons also hold warrants to purchase 6,687,472 shares, but exercise of those warrants is conditioned on stockholder approval and therefore those underlying shares are not treated as beneficially owned under Rule 13d-3. The reported outstanding share base is 121,238,660 shares.
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Insights
Schedule 13G reports a passive 5.5% stake with shared voting power.
The filing identifies 6,687,472 shares beneficially owned and labels the position as shared voting and shared dispositive power, based on a 121,238,660 share base as of 03/04/2026. This is a routine ownership disclosure under Rule 13d-1.
Warrants for 6,687,472 shares are disclosed but their exercise is subject to stockholder approval, so they are excluded from beneficial ownership under Rule 13d-3. Subsequent filings would show any change in status.
Manager-level control asserted via shared authority; beneficial ownership attributed to an LLC and its manager.
Strategic EP, LLC holds the shares while Mr. Deitch, as manager, may be deemed to beneficially own them under Rule 13d-3. The Schedule includes a Joint Filing Agreement and discloses shared vote and disposition rights of 6,687,472 shares.
Disclosure notes that the Reporting Persons do not treat the warrants as beneficially owned because exercise requires stockholder approval; governance impact therefore depends on future approvals and any changes in voting arrangements.
FAQ
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What stake does Strategic EP, LLC hold in Greenland Mines (KLTO)?
Are there any warrants disclosed by the Reporting Persons for KLTO?
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