Metalla (MTA): Tether Global Investments Fund group reports 13.5% ownership
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
Tether Global Investments Fund, S.I.C.A.F., S.A., Tether International, S.A. de C.V., and Giancarlo Devasini report beneficial ownership of 12,587,333 common shares of Metalla Royalty & Streaming Ltd., equal to 13.5% of the outstanding common shares, based on 93,442,762 shares outstanding as of May 7, 2026.
The shares are held by Tether International, S.A. de C.V., a controlled subsidiary of Tether Global Investments Fund, and each reporting person has shared voting and dispositive power over these shares. Devasini’s interest arises through his greater than 50% voting interest in Tether Global Investments Fund, and he disclaims beneficial ownership except to the extent of his pecuniary interest. Schedule B lists recent open market purchases since June 16, 2026.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 12,587,333 common shares
Ownership percentage: 13.5%
Shares outstanding: 93,442,762 shares
+1 more
4 metrics
Beneficial ownership
12,587,333 common shares
Aggregate Metalla common shares beneficially owned by the reporting persons
Ownership percentage
13.5%
Portion of Metalla outstanding common shares represented by 12,587,333 shares
Shares outstanding
93,442,762 shares
Metalla common shares outstanding as of May 7, 2026, used for the 13.5% calculation
Reporting persons
3
Tether Global Investments Fund, Tether International, and Giancarlo Devasini
Key Terms
beneficially own, shared voting power, dispositive power, Schedule 13D, +1 more
5 terms
beneficially own financial
"The Reporting Persons beneficially own an aggregate of 12,587,333 Common Shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
dispositive power financial
"Each of the Reporting Persons has shared voting and dispositive power"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13D regulatory
"Except as set forth herein, the Schedule13D is unmodified"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Management Information Circular regulatory
"as reported in the Management Information Circular filed as an exhibit"
A management information circular is a document sent to shareholders ahead of a company meeting that explains who is asking for votes, what decisions will be made, and why management recommends a particular outcome. Like an instruction booklet and argument sheet combined, it lays out details such as board nominees, executive pay, major transactions and any conflicts, helping investors decide how to vote and judge whether leadership choices could affect the company’s future value.
FAQ
How much of Metalla Royalty & Streaming (MTA) do the Tether entities and Giancarlo Devasini own?
They report beneficial ownership of 12,587,333 common shares of Metalla Royalty & Streaming Ltd., representing 13.5% of the outstanding common shares, based on 93,442,762 shares outstanding as of May 7, 2026.
How was the 13.5% ownership percentage in Metalla (MTA) calculated?
The 13.5% figure is calculated using 93,442,762 Metalla common shares outstanding as of May 7, 2026, as reported in a Management Information Circular filed as an exhibit to a Form 6-K on May 15, 2026.
What role does Giancarlo Devasini have in the Metalla (MTA) ownership structure?
Giancarlo Devasini is a reporting person because he holds a greater than 50% voting interest in Tether Global Investments Fund, S.I.C.A.F., S.A. He disclaims beneficial ownership of the Metalla shares except to the extent of his pecuniary interest.