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NOMAD Power Solutions: North York reports 9.8% stake

The reported 9.8% stake is accompanied by differing voting and disposition power figures across the ownership sections.

(Neutral)

Sentiment and the balance of points

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Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

NOMAD Power Solutions, Inc. (NMAD) is the issuer of common stock for which North York Ltd and Ashwood Leon Forbes report beneficial ownership of 1,838,273 shares, or 9.8% of the class. An accompanying note attributes the securities to North York and says Forbes exercises dispositive power over them.

The reported power details differ across sections: the ownership table lists 1,838,273 shares of shared voting and shared dispositive power, while Item 4 lists 1,838,273 shares of sole voting power and 622,756 shares of sole dispositive power.

Beneficial ownership 1,838,273 shares Reported by North York Ltd and Ashwood Leon Forbes
Percent of class 9.8% Reported beneficial ownership
Shared voting power 1,838,273 shares Ownership table
Shared dispositive power 1,838,273 shares Ownership table
Sole voting power 1,838,273 shares Item 4
Sole dispositive power 622,756 shares Item 4
beneficially owned financial
"Amount beneficially owned: 1,838,273.00"
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.
Shared Voting Power financial
"Shared Voting Power 1,838,273.00"
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.
dispositive power financial
"exercises 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NMAD shares do North York Ltd and Ashwood Leon Forbes report owning?

North York Ltd and Ashwood Leon Forbes report beneficial ownership of 1,838,273 shares of NOMAD Power Solutions common stock, or 9.8% of the class.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates





539319301

(CUSIP Number)
09/03/2026

(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




Comment for Type of Reporting Person: This Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by North York Ltd over which Ashwood Leon Forbes exercises dispositive power.


SCHEDULE 13G




Comment for Type of Reporting Person: This Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by North York Ltd over which Ashwood Leon Forbes exercises dispositive power.


SCHEDULE 13G



North York Ltd
Signature:/s/ Ashwood Leon Forbes
Name/Title:Ashwood Leon Forbes, Director
Date:10/28/2026
Ashwood Leon Forbes
Signature:/s/ Ashwood Leon Forbes
Name/Title:Ashwood Leon Forbes
Date:10/28/2026

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