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MDA Space Ltd. reported that Morgan Stanley and Morgan Stanley Canada Limited each ceased to be beneficial owners of more than 5% of its common shares. Morgan Stanley reported beneficial ownership of 494,881 shares (0.3%); Morgan Stanley Canada Limited reported 395,056 shares (0.2%).
Key Figures
Beneficially owned — Morgan Stanley:494,881 sharesShared voting power — Morgan Stanley:455,329 sharesShared dispositive power — Morgan Stanley:494,585 shares+3 more
6 metrics
Beneficially owned — Morgan Stanley494,881 shares0.3% of the class
Shared voting power — Morgan Stanley455,329 sharesMDA common shares
Shared dispositive power — Morgan Stanley494,585 sharesMDA common shares
Beneficially owned — Morgan Stanley Canada Limited395,056 shares0.2% of the class
Shared voting power — Morgan Stanley Canada Limited395,056 sharesMDA common shares
Shared dispositive power — Morgan Stanley Canada Limited395,056 sharesMDA common shares
Key Terms
beneficial owner, Shared Voting Power, Shared Dispositive Power
3 terms
beneficial ownerregulatory
"ceased to be the beneficial owner of more than five percent"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Shared Voting Powerregulatory
"Shared Voting Power 455,329.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Shared Dispositive Powerregulatory
"Shared Dispositive Power 494,585.00"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many MDA shares did Morgan Stanley report owning?
Morgan Stanley reported beneficial ownership of 494,881 MDA common shares, equal to 0.3% of the class.
How many MDA shares did Morgan Stanley Canada Limited report owning?
Morgan Stanley Canada Limited reported beneficial ownership of 395,056 MDA common shares, equal to 0.2% of the class.
What voting and disposition authority did Morgan Stanley report over MDA shares?
Morgan Stanley reported shared voting power over 455,329 shares and shared dispositive power over 494,585 shares. Morgan Stanley Canada Limited reported shared voting and shared dispositive power over 395,056 shares.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
MDA Space Ltd.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
55293N109
(CUSIP Number)
10/31/2026
(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):
55293N109
1
Names of Reporting Persons
Morgan Stanley
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
455,329.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
494,585.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
494,881.00
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)
0.3 %
12
Type of Reporting Person (See Instructions)
HC, CO
Comment for Type of Reporting Person: As of the date hereof, Morgan Stanley has ceased to be the beneficial owner of more than five percent of the class of securities.
SCHEDULE 13G
CUSIP Number(s):
55293N109
1
Names of Reporting Persons
Morgan Stanley Canada Limited
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
CANADA (FEDERAL LEVEL)
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
395,056.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
395,056.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
395,056.00
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)
0.2 %
12
Type of Reporting Person (See Instructions)
BD, FI, CO
Comment for Type of Reporting Person: As of the date hereof, Morgan Stanley Canada Limited has ceased to be the beneficial owner of more than five percent of the class of securities.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
MDA Space Ltd.
(b)
Address of issuer's principal executive offices:
7500 FINANCIAL DRIVE, BRAMPTON, A6, L6Y 6K7
Item 2.
(a)
Name of person filing:
1: Morgan Stanley 2: Morgan Stanley Canada Limited
(b)
Address or principal business office or, if none, residence:
1: 1585 Broadway, New York, NY 10036 ;2: 181 Bay Street Suite 3700, Toronto M5J 2T3, Canada
(c)
Citizenship:
1: Delaware 2: Canada
(d)
Title of class of securities:
Common Shares
(e)
CUSIP No.:
55293N109
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).
By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to a broker or dealer registered under section 15 of the Act (15 U.S.C. 78o) is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.
Item 4.
Ownership
(a)
Amount beneficially owned:
See the response(s) to Item 9 on the attached cover page(s).
(b)
Percent of class:
0.3 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See the response(s) to Item 5 on the attached cover page(s).
(ii) Shared power to vote or to direct the vote:
See the response(s) to Item 6 on the attached cover page(s).
(iii) Sole power to dispose or to direct the disposition of:
See the response(s) to Item 7 on the attached cover page(s).
(iv) Shared power to dispose or to direct the disposition of:
See the response(s) to Item 8 on the attached cover page(s).
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit 99.2
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 foreign regulatory scheme applicable to a broker or dealer registered under section 15 of the Act (15 U.S.C. 78o) is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.
* In Accordance with the Securities and Exchange Commission Release
No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the
securities beneficially owned, or that may be deemed to be beneficially owned,
by certain operating units (collectively, the "MS Reporting Units") of Morgan
Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing
does not reflect securities, if any, beneficially owned by any operating units
of MS whose ownership of securities is disaggregated from that of the MS
Reporting Units in accordance with the Release.
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.
Morgan Stanley
Signature:
Claire Gordon
Name/Title:
Authorized Signatory, Morgan Stanley
Date:
11/06/2026
Morgan Stanley Canada Limited
Signature:
Claire Gordon
Name/Title:
Authorized Signatory, Morgan Stanley Canada Limited
Date:
11/06/2026
Exhibit Information
EXHIBIT NO. EXHIBITS
------------------ ------------------------------------
99.1 Joint Filing Agreement
99.2 Item 7 Information
* Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).
