STOCK TITAN

OpenWorld CEO and entities report 47.2% stake

The 47.2% reported stake includes shares held directly and shares attributed to two entities, with Mr. Shaw reporting sole voting and dispositive power.

(Moderate)

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Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

OpenWorld, Inc. reports that Matthew Ian Shaw, its Chief Executive Officer and Chairman, and two entities associated with him became beneficial owners of its common stock when the merger closed on September 30, 2026. The reporting persons list aggregate beneficial ownership of 6,361,843 shares, or 47.2%, based on 13,472,360 shares outstanding as of that date.

The reported holdings comprise 685,923 shares held directly by Mr. Shaw, 4,989,997 held by Webslinger Holdings Inc., of which he is sole director, and 685,923 held by Beech Holdings Ltd., which he directs. Mr. Shaw reports sole voting and dispositive power over the aggregate. The holdings resulted from OpenWorld Ltd. shares converting into issuer shares at a 1:77.27 ratio, without monetary consideration. The reporting persons state they have no present plans or proposals covered by the filing, though they may purchase or sell shares depending on market conditions and other factors.

Aggregate beneficial ownership 6,361,843 shares Reported collectively by Matthew Shaw, Webslinger Holdings Inc. and Beech Holdings Ltd.
Ownership percentage 47.2% Based on 13,472,360 shares outstanding as of September 30, 2026.
Shares outstanding 13,472,360 shares As of September 30, 2026.
Matthew Shaw shares held directly 685,923 shares Reported as part of the aggregate beneficial ownership.
Webslinger Holdings shares 4,989,997 shares Reported as beneficially owned by Webslinger Holdings Inc.
Beech Holdings shares 685,923 shares Reported as beneficially owned by Beech Holdings Ltd.
Merger conversion ratio 1:77.27 OpenWorld Ltd. shares converted into issuer shares upon merger closing.
beneficially owned financial
"aggregate number of Shares of the Issuer beneficially owned"
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.
sole voting and dispositive power technical
"Mr. Shaw has sole voting and dispositive power over 6,361,843 Shares"
issued and outstanding financial
"13,472,360 shares of common stock issued and outstanding"
Issued and outstanding refers to two related counts of a company's stock: "issued" is the total number of shares the company has created and ever sold, while "outstanding" is the number of those shares currently held by outside investors (issued shares minus any the company holds in its treasury). Investors use outstanding shares to calculate ownership percentages, voting power, earnings per share and market capitalization — think of issued shares as all slices baked and outstanding as the slices actually on the table for people to eat.
Agreement and Plan of Merger technical
"closing the Agreement and Plan of Merger"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

FAQ

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

How many OPNW shares do Matthew Shaw and the other reporting persons beneficially own?

They report aggregate beneficial ownership of 6,361,843 shares, or 47.2%, based on 13,472,360 shares outstanding as of September 30, 2026.

How were the OPNW shares obtained in the merger?

The reporting persons state that their OpenWorld Ltd. shares converted into OpenWorld, Inc. shares at a 1:77.27 ratio when the merger closed on September 30, 2026. They state that they paid no monetary consideration for the conversions.

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

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Learn about SEC filing dates





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)
09/30/2026

(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 13,472,360 shares of common stock issued and outstanding as of September 30, 2026


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage in row 13 above is based on 13,472,360 shares of common stock issued and outstanding as of September 30, 2026


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage in row 13 above is based on 13,472,360 shares of common stock issued and outstanding as of September 30, 2026


SCHEDULE 13D


Shaw Matthew Ian
Signature:/s/ Matthew Shaw
Name/Title:Matthew Shaw
Date:10/07/2026
Webslinger Holdings Inc.
Signature:/s/ Matthew Shaw
Name/Title:Matthew Shaw, Sole Director
Date:10/07/2026
Beech Holdings Ltd
Signature:/s/ Matthew Shaw
Name/Title:Matthew Shaw, Authorized Signatory
Date:10/07/2026

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