Connor, Clark & Lunn holds 9.71M MDA shares (MDA) — 7.0%

Rhea-AI Filing Summary

MDA Space Ltd. reports beneficial ownership of 9,708,152 shares of common stock, representing 7.0% of the class.

The filing names Connor, Clark & Lunn Investment Management Ltd. as the reporting person and shows sole voting power for 8,975,132 shares and sole dispositive power for 9,708,152 shares. The filing is signed by the Chief Compliance Officer on 05/11/2026.

Insights

Institutional Ownership Analyst

Large institutional stake disclosed: 9.7M shares (7.0%).

The excerpt lists Connor, Clark & Lunn Investment Management Ltd. as beneficial owner of 9,708,152 shares, with sole voting power for 8,975,132 shares. The percentage stake is shown as 7.0%.

Filing details such as voting and dispositive power are explicit; cash‑flow treatment and any change since prior filings are not provided in the excerpt. Subsequent filings may provide any changes in position.

Key Figures

Shares beneficially owned: 9,708,152 shares Percent of class: 7.0% Sole voting power: 8,975,132 shares +2 more

5 metrics

Shares beneficially owned 9,708,152 shares Amount beneficially owned reported on Schedule 13G

Percent of class 7.0% Percent of common stock beneficially owned

Sole voting power 8,975,132 shares Shares with sole power to vote

Sole dispositive power 9,708,152 shares Shares with sole power to dispose

Signature date 05/11/2026 Date the filing was signed

Key Terms

beneficially owned, sole dispositive power, Schedule 13G

3 terms

beneficially owned regulatory

"Amount beneficially owned: 9,708,152"

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.

sole dispositive power regulatory

"Sole power to dispose or to direct the disposition of: 9,708,152"

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.

Schedule 13G regulatory

"Item 1. (a) Name of issuer: MDA Space Ltd."

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

MDA Space Ltd.

(Name of Issuer)

COM

(Title of Class of Securities)

55293N109

(CUSIP Number)

03/31/2026

(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

Connor, Clark & Lunn Investment Management Ltd.

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

BRITISH COLUMBIA, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 8,975,132.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 9,708,152.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,708,152.00

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)

7.0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MDA Space Ltd.
(b)	Address of issuer's principal executive offices: 7500 FINANCIAL DRIVE, BRAMPTON, Ontario, Canada, L6Y 6K7
Item 2.
(a)	Name of person filing: Connor, Clark & Lunn Investment Management Ltd.
(b)	Address or principal business office or, if none, residence: #2300 - 1111 West Georgia Street, Vancouver, V6E 4M3, BC, Canada
(c)	Citizenship: BRITISH COLUMBIA, CANADA
(d)	Title of class of securities: COM
(e)	CUSIP Number(s): 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).
Item 4.	Ownership
(a)	Amount beneficially owned: 9,708,152
(b)	Percent of class: 7.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 8,975,132
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 9,708,152
	(iv) Shared power to dispose or to direct the disposition of: 0
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.
	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.
	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.

Connor, Clark & Lunn Investment Management Ltd.

Signature:	Derrick Crowe
Name/Title:	Chief Compliance Officer
Date:	05/11/2026

FAQ

What stake in MDA (MDA) does Connor, Clark & Lunn report?

Connor, Clark & Lunn reports beneficial ownership of 9,708,152 shares, equal to 7.0% of the common stock. The filing lists sole dispositive power for 9,708,152 shares and sole voting power for 8,975,132 shares.

Who is the reporting person on the Schedule 13G for MDA?

The reporting person is Connor, Clark & Lunn Investment Management Ltd. The filing gives its address as #2300 - 1111 West Georgia Street, Vancouver, BC and cites citizenship as British Columbia, Canada.

Does the filing state how voting power is allocated for the reported shares?

Yes. The filing shows sole voting power for 8,975,132 shares and shared voting power of 0 shares. Dispositive power is sole for 9,708,152 shares and shared for 0 shares.

When was the Schedule 13G signed for this MDA disclosure?

The signature block shows the filing was signed by the Chief Compliance Officer, Derrick Crowe, on 05/11/2026. That date is provided in the excerpt as the signature date.

Does this excerpt disclose whether the stake is passive or active?

The provided excerpt lists ownership and power details but does not state whether the position is classified as passive or active in the Schedule 13G. The filing excerpt does not include that specific characterization.