Ontario pension fund discloses 2.2% stake in NPAC (NASDAQ: NPAC)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Healthcare of Ontario Pension Plan Trust Fund filed an amended Schedule 13G reporting its beneficial ownership in New Providence Acquisition Corp. III.
The fund reports owning 690,000 Class A ordinary shares, equal to 2.2% of the class, based on 30,887,075 Class A shares outstanding as of November 14, 2025. It has sole voting and dispositive power over these shares.
The pension plan certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Positive
- None.
Negative
- None.
FAQ
What stake does Healthcare of Ontario Pension Plan hold in NPAC?
Healthcare of Ontario Pension Plan Trust Fund reports beneficial ownership of 690,000 Class A shares of New Providence Acquisition Corp. III, representing 2.2% of that share class, based on 30,887,075 Class A shares outstanding as of November 14, 2025.
What type of investor is filing this Schedule 13G/A for NPAC?
The filer is the Healthcare of Ontario Pension Plan Trust Fund, a pension plan formed as a trust under the laws of Ontario, Canada and registered with the Financial Services Regulatory Authority of Ontario, certifying a regulatory regime comparable to similar U.S. institutions.
Does Healthcare of Ontario Pension Plan seek control of NPAC with this stake?
The filing states the securities were acquired and are held in the ordinary course of business and not for changing or influencing control of New Providence Acquisition Corp. III, consistent with a passive ownership position under Schedule 13G.
Why was this NPAC Schedule 13G amended by the Ontario pension plan?
The amendment notes prior Schedule 13G filings reflecting Healthcare of Ontario Pension Plan’s position were inadvertently filed under New Providence Acquisition Corp. III’s EDGAR profile. This amendment is intended to further amend those earlier ownership filings for the same issuer.
What class of NPAC securities is reported in this Schedule 13G/A?
The position consists of Class A ordinary shares of New Providence Acquisition Corp. III, each with a par value of $0.0001. The filing identifies the relevant security by CUSIP G6476A102, confirming the specific class being reported.