Gregory George beneficial owner at Mesoblast (OTC: MEOBF) with 22.36% stake

Rhea-AI Filing Summary

Mesoblast Ltd Amendment reports that Gregory George beneficially owns 288,522,256 ordinary shares, representing 22.36% of the class as of March 6, 2026, based on 1,290,302,187 ordinary shares outstanding as of March 6, 2025.

The filing breaks down holdings: Gregory George directly holds 138,723,887 shares (including 10,430,602 warrants and 128,293,285 ADRs) and reports shared voting/dispositive power over additional shares held by G to the Fourth Investments, LLC (135,798,292) and by his sons James George (8,000,000) and Grant George (6,000,000). The filing lists James George with 8,000,000 shares (0.62%), Grant George with 6,000,000 shares (0.47%), and G to the Fourth Investments, LLC with 135,798,292 shares (10.52%).

Insights

Corporate Governance Expert

Large concentrated ownership and family control are clearly disclosed.

The filing shows a single individual, Gregory George, with direct and attributed holdings totaling 288,522,256 shares (22.36%) as of March 6, 2026. This combines direct holdings, warrants, ADRs, and shares held via a related LLC.

Such concentration gives the reporting persons meaningful voting influence; subsequent proxy materials or related-party disclosures in future filings could clarify governance actions tied to this ownership.

Securities Law Specialist

Schedule 13G/A amendment properly attributes derivative and affiliated holdings.

The amendment specifies beneficial ownership calculations and cites 1,290,302,187 ordinary shares outstanding as the denominator (as of March 6, 2025. It also discloses 10,430,602 warrants counted within Gregory George's total.

Filing mechanics and attribution to related parties (G to the Fourth Investments, LLC, and family members) are explicit; any future change in voting/dispositive authority would require additional amendments.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

MESOBLAST LTD

(Name of Issuer)

Ordinary Shares / American Depositary Receipts

(Title of Class of Securities)

03/06/2026

(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)

SCHEDULE 13G

CUSIP Number(s):

1

Names of Reporting Persons

George, Gregory

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

BAHAMAS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 138,723,887.00
6	Shared Voting Power 149,798,292.00
7	Sole Dispositive Power 138,723,887.00
8	Shared Dispositive Power 149,798,292.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

288,522,256.00

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)

22.36 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP Number(s):

1

Names of Reporting Persons

JAMES GEORGE

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,000,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,000,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,000,000.00

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)

0.62 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP Number(s):

1

Names of Reporting Persons

GRANT GEORGE

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,000,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,000,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,000,000.00

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)

0.47 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP Number(s):

1

Names of Reporting Persons

G to the Fourth Investments, 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

NEVADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 135,798,292.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 135,798,292.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

135,798,292.00

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)

10.52 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MESOBLAST LTD
(b)	Address of issuer's principal executive offices: Level 38, 55 Collins Street, Melbourne 3000, Australia
Item 2.
(a)	Name of person filing: Gregory George, James George, Grant George and G to the Fourth Investments, LLC (the "Reporting Persons")
(b)	Address or principal business office or, if none, residence: Gregory George 371 Channelside Walkway PH 1702, Tampa Florida, 33602 G to the Fourth Investments, LLC 831 Laca Street Dayton Nevada, 89403 James George 371 Channelside Walkway PH 1702, Tampa Florida, 33602 Grant George 371 Channelside Walkway PH 1702, Tampa Florida, 33602
(c)	Citizenship: Gregory George is a citizen of the Bahamas. James George and Grant George are U.S. citizens. G to the Fourth Investments, LLC, is organized in Nevada
(d)	Title of class of securities: Ordinary Shares / American Depositary Receipts
(e)	CUSIP No.: 590717104
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: The ownership information below represents beneficial ownership of ordinary shares as represented by American Depositary Receipts by the Reporting Persons as of March 6, 2026, based upon 1,290,302,187 ordinary shares of the issuer outstanding as of March 6, 2025. Gregory George is the sole beneficial owner of 138,723,887 ordinary shares, which include 10,430,602 ordinary shares underlying warrants and 128,293,285 ordinary shares held in the form of American Depositary Receipts ("ADRs"). Gregory George is a manager of G to the Fourth Investments, LLC and has discretionary authority to vote and dispose of 135,798,292 ordinary shares held by G to the Fourth Investments, LLC. Gregory George may be deemed to be the beneficial owner of these shares. Gregory George has discretionary authority to vote and dispose of 8,000,000 ordinary shares held in the form of ADRs by his son James George. Gregory George may be deemed to be the beneficial owner of these shares. Gregory George has discretionary authority to vote and dispose of 6,000,000 ordinary shares held in the form of ADRs by his son Grant George. Gregory George may be deemed to be the beneficial owner of these shares.
(b)	Percent of class: Gregory George 22.36% James George 0.62% Grant George 0.47% G to the Fourth Investments, LLC 10.52%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Gregory George 138,723,887 James George 0.0 Grant George 0.0 G to the Fourth Investments, LLC 0.0
	(ii) Shared power to vote or to direct the vote: Gregory George 149,798,292 James George 8,000,000 Grant George 6,000,000 G to the Fourth Investments, LLC 135,798,292
	(iii) Sole power to dispose or to direct the disposition of: Gregory George 138,723,887 James George 0 Grant George 0 G to the Fourth Investments, LLC 0
	(iv) Shared power to dispose or to direct the disposition of: Gregory George 149,798,292 James George 8,000,000 Grant George 6,000,000 G to the Fourth Investments, LLC 135,798,292
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 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.

George, Gregory

Signature:	/s/ Gregory George
Name/Title:	Gregory George
Date:	03/11/2026

JAMES GEORGE

Signature:	/s/ James George
Name/Title:	James George
Date:	03/11/2026

GRANT GEORGE

Signature:	/s/ Grant George
Name/Title:	Grant George
Date:	03/11/2026

G to the Fourth Investments, LLC

Signature:	/s/ Gregory George
Name/Title:	Gregory George, Manager
Date:	03/11/2026

FAQ

What stake does Gregory George report in Mesoblast (MEOBF)?

Gregory George reports beneficial ownership of 288,522,256 shares, equal to 22.36% of the class. This figure is based on 1,290,302,187 ordinary shares outstanding as of March 6, 2025 and is stated in the amendment filed on March 11, 2026.

How much does G to the Fourth Investments, LLC own in Mesoblast?

G to the Fourth Investments, LLC is reported to hold 135,798,292 shares, representing 10.52% of the class. The amendment attributes shared voting and dispositive power over these shares to Gregory George as manager.

Do the reported holdings include warrants or ADRs?

Yes. Gregory George's reported direct holdings include 10,430,602 ordinary shares underlying warrants and 128,293,285 ordinary shares held as ADRs, both disclosed in the ownership breakdown in Item 4.

What percentages do James and Grant George hold individually?

James George is reported to beneficially own 8,000,000 shares (0.62%) and Grant George 6,000,000 shares (0.47%). The filing also notes Gregory George has discretionary authority over those ADR holdings.

What vote/dispositive powers are disclosed for Gregory George?

The amendment discloses Gregory George with 138,723,887 sole voting and dispositive power and 149,798,292 shared voting and dispositive power, reflecting direct holdings plus shares attributable through related parties and warrants.