Alyeska (NUCL) discloses 2.93M shares; 9.9% cap limits exercises

Rhea-AI Filing Summary

Eagle Nuclear Energy Corp. ownership disclosure: Alyeska Investment Group, L.P. and related reporting persons beneficially own 2,928,352 shares of Common Stock, representing 9.90% of the class as of 03/31/2026.

The filing states the group holds warrants exercisable for 2,556,600 shares and preferred stock convertible into 2,500,000 shares, but both instruments contain a 9.9% beneficial ownership limitation that permits only 13,311 additional common shares to be acquired by exercise or conversion given 29,579,313 shares outstanding per the Form S-1 dated 03/19/2026.

Insights

Equity Ownership Analyst

Holder reports a near-10% stake with enforced 9.9% caps on derivatives.

The filing documents a 9.90% beneficial position totaling 2,928,352 shares as of 03/31/2026. It also discloses warrants for 2,556,600 shares and preferred convertible into 2,500,000, each subject to a 9.9% ownership limit.

Because exercising or converting beyond the 9.9% cap is prohibited, only 13,311 additional shares may be acquired by exercise/conversion under the stated outstanding base of 29,579,313 shares. Subsequent filings will show whether the holder increases or decreases stake.

Securities Counsel (shareholder limits)

Beneficial ownership limits govern dilutive instruments and practical exercise capacity.

The disclosure explicitly ties exercise/conversion capacity to a 9.9% beneficial ownership cap. The filing states the mathematical effect: despite larger nominal instrument counts, only 13,311 common shares are currently acquirable by exercise/conversion given the issuer's outstanding share count in the cited S-1.

Legal and operational teams will need to track outstanding shares and any changes to ensure future exercises conform to the limitation; the filing attributes voting/control to the investment manager and notes a disclaimer by the named individual.

Key Figures

Beneficially owned shares: 2,928,352 shares Percent of class: 9.90% Outstanding shares (reference): 29,579,313 shares +3 more

6 metrics

Beneficially owned shares 2,928,352 shares as of 03/31/2026

Percent of class 9.90% as of 03/31/2026

Outstanding shares (reference) 29,579,313 shares per Form S-1 dated 03/19/2026

Warrants exercisable 2,556,600 shares held by reporting persons; exercise limited by 9.9% cap

Preferred convertible 2,500,000 shares convertible preferred held; conversion limited by 9.9% cap

Additional acquirable shares 13,311 shares per 9.9% limitation given cited outstanding shares

Key Terms

beneficial ownership limitation, issuable upon exercise, shared dispositive power

3 terms

beneficial ownership limitation regulatory

"warrants contain a beneficial ownership limitation that prohibits exercise"

A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.

issuable upon exercise financial

"13,311 shares issuable upon exercise of warrants or conversion of Preferred Stock"

shared dispositive power regulatory

"Shared Dispositive Power 2,928,352.00"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Eagle Nuclear Energy Corp.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

269710109

(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): 269710109

1

Names of Reporting Persons

Alyeska Investment Group, L.P.

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

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,928,352.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,928,352.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,928,352.00

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)

9.90 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP Number(s): 269710109

1

Names of Reporting Persons

Alyeska Fund GP, 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

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,928,352.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,928,352.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,928,352.00

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)

9.90 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP Number(s): 269710109

1

Names of Reporting Persons

Anand Parekh

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 2,928,352.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,928,352.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,928,352.00

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)

9.90 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Eagle Nuclear Energy Corp.
(b)	Address of issuer's principal executive offices: 2100 McKinney Ave, Suite 1675, Dallas, TX 75201
Item 2.
(a)	Name of person filing: (i) Alyeska Investment Group, L.P. (ii) Alyeska Fund GP, LLC (iii) Anand Parekh
(b)	Address or principal business office or, if none, residence: (i) 77 West Wacker Drive, 7th Floor, Chicago, IL 60601 (ii) 77 West Wacker Drive, 7th Floor, Chicago, IL 60601 (iii) 77 West Wacker Drive, 7th Floor, Chicago, IL 60601
(c)	Citizenship: (i) Alyeska Investment Group, L.P. - Delaware (ii) Alyeska Fund GP, LLC - Delaware (iii) Anand Parekh - United States of America
(d)	Title of class of securities: Common Stock, par value $0.0001 per share
(e)	CUSIP Number(s): 269710109
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: 2,928,352
(b)	Percent of class: 9.90%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 2,928,352
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 2,928,352
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.

Alyeska Investment Group, L.P.

Signature:	Jason Bragg
Name/Title:	Jason Bragg | Chief Financial Officer
Date:	05/15/2026

Alyeska Fund GP, LLC

Signature:	Jason Bragg
Name/Title:	Jason Bragg | Chief Financial Officer
Date:	05/15/2026

Anand Parekh

Signature:	Anand Parekh
Name/Title:	Anand Parekh | Self
Date:	05/15/2026

Exhibit Information

As of March 31, 2026, the Reporting Persons beneficially own 2,928,352 shares of Common Stock, consisting of (i) 2,915,041 shares of Common Stock and (ii) 13,311 shares issuable upon exercise of warrants or conversion of Preferred Stock. The Reporting Persons hold warrants exercisable for 2,556,600 shares; however, such warrants contain a beneficial ownership limitation that prohibits exercise to the extent it would cause the holder's beneficial ownership to exceed 9.9% of the outstanding Common Stock. The Reporting Persons also hold 29,700 shares of preferred stock convertible into 2,500,000 shares of common stock, however, such preferred stock contain a beneficial ownership limitation that prohibits conversion to the extent it would cause the holder's beneficial ownership to exceed 9.9% of the outstanding Common Stock. Based on 29,579,313 shares of Common Stock outstanding (per the Form S-1 dated March 19, 2026), the 9.9% limitation permits exercise of warrants or conversion of preferred stock to only 13,311 common shares after giving effect to the 2,915,041 shares otherwise held. Position held by Alyeska Master Fund, L.P. Alyeska Investment Group, L.P., as investment manager, exercises voting and investment control over the shares held by Alyeska Master Fund, L.P. Anand Parekh, as Chief Executive Officer of Alyeska Investment Group, L.P., may be deemed the beneficial owner of such shares. Mr. Parekh disclaims beneficial ownership of such shares. JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on SCHEDULE 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on SCHEDULE 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

FAQ

What stake does Alyeska report in Eagle Nuclear Energy (NUCL)?

Alyeska reports beneficial ownership of 2,928,352 shares, equal to 9.90% of the outstanding common stock as of 03/31/2026. This total combines held shares and shares issuable upon exercise or conversion constrained by ownership limits.

How many additional shares can Alyeska acquire by exercising warrants or converting preferred stock?

The filing states the 9.9% beneficial ownership limit permits only 13,311 additional common shares to be acquired by exercise or conversion given 29,579,313 shares outstanding per the cited Form S-1 dated 03/19/2026.

What derivative instruments does the filing disclose for Alyeska?

The disclosure lists warrants exercisable for 2,556,600 shares and preferred stock convertible into 2,500,000 shares. Both instruments contain a 9.9% beneficial ownership limitation that restricts actual exercises or conversions to avoid exceeding that cap.

Who controls the voting and disposition of the reported shares?

Alyeska Investment Group, L.P., as investment manager, exercises voting and investment control over shares held by Alyeska Master Fund, L.P. The filing notes Anand Parekh may be deemed a beneficial owner but disclaims beneficial ownership in the stated position.

What outstanding share count does the filing use to compute the 9.9% cap?

The filing references 29,579,313 shares of Common Stock outstanding per the Form S-1 dated 03/19/2026, which is the anchor used to quantify the 9.9% beneficial ownership limitation and resulting exercisable amount.