Glazer Capital reveals 6.83% stake in OneStream (OS: OS)
Rhea-AI Filing Summary
Glazer Capital, LLC and Paul J. Glazer report a significant stake in OneStream, Inc. They beneficially own 6,166,406 shares of OneStream’s Class A common stock, representing 6.83% of the outstanding class.
The shares are held by certain funds and managed accounts for which Glazer Capital acts as investment manager, including Glazer Capital Enhanced Master Fund, Ltd. The reporting persons have shared power to vote and dispose of all 6,166,406 shares and no sole voting or dispositive power.
They certify that the securities were not acquired and are not held for the purpose of changing or influencing control of OneStream, and the filing is made on Schedule 13G as a passive ownership report.
Positive
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FAQ
What ownership stake in OneStream (OS) does Glazer Capital report?
Glazer Capital and Paul J. Glazer report beneficial ownership of 6,166,406 OneStream Class A shares, equal to 6.83% of the class. These shares are held through various Glazer-managed funds and accounts, giving them shared voting and dispositive power over the reported holdings.
Who are the reporting persons in this OneStream (OS) Schedule 13G filing?
The filing is made by Glazer Capital, LLC, a Delaware investment adviser, and Paul J. Glazer, its Managing Member. They report ownership of OneStream Class A shares held by certain Glazer Funds, over which Glazer Capital exercises investment management authority.
How are the OneStream (OS) shares held and controlled by Glazer Capital?
The OneStream shares are held by funds and managed accounts collectively called the Glazer Funds. Glazer Capital has shared power to vote and dispose of 6,166,406 shares, with no sole voting or dispositive power reported for either Glazer Capital or Paul J. Glazer.
Does Glazer Capital’s ownership in OneStream (OS) aim to influence control?
The reporting persons certify the securities were not acquired and are not held to change or influence control of OneStream. The holdings are reported on Schedule 13G, which is generally used for passive ownership rather than activist control purposes.
Which Glazer fund holds more than 5% of OneStream (OS) shares?
Glazer Capital Enhanced Master Fund, Ltd., a Glazer Fund, has the right to receive or direct the receipt of proceeds from the sale of more than 5% of OneStream’s outstanding Class A common stock, reflecting a concentrated position within the Glazer-managed vehicles.
What voting and dispositive powers are reported over OneStream (OS) shares?
The reporting persons disclose shared voting power and shared dispositive power over 6,166,406 OneStream Class A shares, with zero sole voting or sole dispositive power. This means decisions over these shares are exercised jointly through the Glazer-managed entities.