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OpenWorld: Matthew Shaw reports 40.7% ownership

OpenWorld, Inc. (OPNW) reports Matthew Shaw beneficially owns 6,361,843 shares, equal to 40.7% of the class.

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

OpenWorld, Inc. (OPNW) reports Matthew Shaw beneficially owns 6,361,843 shares, equal to 40.7% of the class. His reported position includes 685,923 shares held directly, 4,989,997 held by Webslinger Holdings Inc. and 685,923 held by Beech Holdings Ltd.; Shaw has sole voting and dispositive power over the 6,361,843 shares. Webslinger reports 4,989,997 shares (32.0%), and Beech reports 685,923 (4.4%). Beech ceased to be a beneficial owner of more than 5% effective October 30, 2026, and the amendment is its exit filing. The registered direct public offering closed October 30, 2026, and issued 1,494,084 shares to an institutional investor. OpenWorld had 15,615,199 shares issued and outstanding as of November 3, 2026.

Matthew Shaw beneficial ownership 6,361,843 shares 40.7% of the class
Webslinger beneficial ownership 4,989,997 shares 32.0% of the class
Beech beneficial ownership 685,923 shares 4.4% of the class
Shares issued 1,494,084 shares Issued to an institutional investor in the registered direct public offering that closed October 30, 2026
Shares issued and outstanding 15,615,199 shares As of November 3, 2026
Merger conversion ratio 1:77.27 Ratio stated for conversion of OpenWorld Ltd. shares at the September 30, 2026 merger closing
beneficial ownership financial
"aggregate number of Shares of the Issuer beneficially owned"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
sole voting and dispositive power technical
"Mr. Shaw has sole voting and dispositive power over 6,361,843 Shares"
registered direct public offering financial
"closing of Issuer's registered direct public offering"
exit filing regulatory
"constitutes an exit filing for Beech Holdings"

FAQ

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

How many OPNW shares does Matthew Shaw beneficially own?

Matthew Shaw beneficially owns 6,361,843 OPNW shares, or 40.7% of the class. His reported position comprises 685,923 shares held directly, 4,989,997 held by Webslinger Holdings Inc., and 685,923 held by Beech Holdings Ltd.; he has sole voting and dispositive power over the aggregate.

How were the OPNW shares from the merger converted?

At the September 30, 2026 merger closing, each outstanding OpenWorld Ltd. share converted into a share of the issuer at a ratio of 1:77.27. Matthew Shaw's 8,877 shares became 685,923 shares, Webslinger Holdings Inc.'s 64,579 became 4,989,997, and Beech Holdings Ltd.'s 8,877 became 685,923; the reporting persons paid no monetary consideration for the conversions.

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

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92346X305

(CUSIP Number)
Alexander R. McClean, Esq.
Harter Secrest & Emery LLP, 1600 Bausch & Lomb Place
Rochester, NY, 14604
585-231-1248

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
10/30/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
The figures included in rows 7, 9 and 11 above include: (i) 685,923 shares of common stock held directly by Matthew Shaw; (ii) 685,923 shares of common stock held by Beech Holdings Ltd., of which Matthew Shaw has sole voting and dispositive power; and (iii) 4,989,997 shares of common stock held by Webslinger Holdings Inc., of which Matthew Shaw has sole voting and dispositive power. The percentage in row 13 above is based on 15,615,199 shares of common stock issued and outstanding as of November 3, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage in row 13 above is based on 15,615,199 shares of common stock issued and outstanding as of November 3, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage in row 13 above is based on 15,615,199 shares of common stock issued and outstanding as of November 3, 2026.


SCHEDULE 13D


Shaw Matthew Ian
Signature:/s/ Matthew Shaw
Name/Title:Matthew Shaw
Date:11/03/2026
Webslinger Holdings Inc.
Signature:/s/ Matthew Shaw
Name/Title:Matthew Shaw, Sole Director
Date:11/03/2026
Beech Holdings Ltd
Signature:/s/ Matthew Shaw
Name/Title:Matthew Shaw, Authorized Signatory
Date:11/03/2026

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