PowerBank Corporation reported that Davidson Kempner affiliates and related persons hold 3,094,688 common shares, representing 5.66% of the class. The filing states this percentage is calculated using an aggregate 54,697,277 Common Shares outstanding, composed of 47,697,277 as of June 29, 2026 and 7,000,000 issued in a private placement that closed on July 1, 2026.
The statement identifies reporting entities (M.H. Davidson & Co., Davidson Kempner Arbitrage, Equities & Relative Value, Davidson Kempner Capital Management LP) and Anthony A. Yoseloff as responsible for voting and investment decisions; the cover-page rows show 3,094,688 shared voting and 3,094,688 shared dispositive power for the principal reporting person.
Positive
None.
Negative
None.
Insights
Large institutional stake disclosed: Davidson Kempner holds 5.66% of PowerBank.
The filing lists a 3,094,688-share position representing 5.66% of an aggregate 54,697,277 shares outstanding (the latter combines a June 29, 2026 public count and a 7,000,000 private placement closed July 1, 2026). The ownership is reported as shared voting and shared dispositive power.
Implications depend on holder behavior; the excerpt shows delegated voting/management structure through Davidson Kempner entities and names Anthony A. Yoseloff as responsible for decisions. Subsequent filings would show any changes in stake or voting arrangements.
Key Figures
Davidson Kempner position:3,094,688 sharesPercent of class:5.66%Shares outstanding (aggregate):54,697,277 shares+4 more
7 metrics
Davidson Kempner position3,094,688 sharesreported beneficially owned by Davidson Kempner
Percent of class5.66%percentage of Common Shares outstanding
Shares outstanding (aggregate)54,697,277 sharessum of 47,697,277 as of <date>June 29, 2026</date> and 7,000,000 private placement
Shares outstanding (public count)47,697,277 sharesreported as of <date>June 29, 2026</date>
Shared voting power3,094,688 sharesreported as shared voting power on cover page
Shared dispositive power3,094,688 sharesreported as shared dispositive power on cover page
Key Terms
Schedule 13G, beneficially owned, shared dispositive power, Voluntary Supplemental Material by Foreign Issuers
4 terms
Schedule 13Gregulatory
"This Statement is filed by each of the entities and persons listed below"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially ownedfinancial
"Amount beneficially owned: The information required by Item 4(a) is set forth"
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.
shared dispositive powerregulatory
"Shared Dispositive Power 3,094,688.00"
Voluntary Supplemental Material by Foreign Issuersregulatory
"as reported in the Company's Voluntary Supplemental Material by Foreign Issuers filed"
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What stake does Davidson Kempner report in PowerBank (PBK)?
Davidson Kempner reports beneficial ownership of 3,094,688 common shares, equal to 5.66% of PowerBank's outstanding common shares as presented in the filing.
How was the outstanding share count calculated for the 5.66% figure?
The filing uses an aggregate total of 54,697,277 Common Shares outstanding, combining 47,697,277 as of June 29, 2026 and 7,000,000 issued in a private placement closed July 1, 2026.
Who is authorized to vote or direct the shares reported by Davidson Kempner?
The filing states voting and investment decisions are made by Davidson Kempner entities, and names Anthony A. Yoseloff as responsible for those decisions for the reported shares.
Are the reported powers sole or shared for the Davidson Kempner position?
The cover-page rows in the filing show 0 sole voting/dispositive power and 3,094,688 shared voting and shared dispositive power for the principal reporting person.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
PowerBank Corporation
(Name of Issuer)
Common Shares, no par value per share
(Title of Class of Securities)
73933V100
(CUSIP Number)
06/29/2026
(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):
73933V100
1
Names of Reporting Persons
M.H. Davidson & Co.
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
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
55,395.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
55,395.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
55,395.00
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)
0.10 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
73933V100
1
Names of Reporting Persons
Davidson Kempner Arbitrage, Equities & Relative Value LP
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,039,293.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,039,293.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,039,293.00
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)
5.56 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
73933V100
1
Names of Reporting Persons
Davidson Kempner Capital Management LP
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
3,094,688.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,094,688.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,094,688.00
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)
5.66 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
73933V100
1
Names of Reporting Persons
Anthony A. Yoseloff
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
3,094,688.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,094,688.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,094,688.00
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)
5.66 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
PowerBank Corporation
(b)
Address of issuer's principal executive offices:
505 Consumers Rd., Suite 803, Toronto, Ontario, M2J 4Z2 Canada
Item 2.
(a)
Name of person filing:
This Statement is filed by each of the entities and persons listed below, all of whom together are referred to herein as the "Reporting Persons":
(i) M.H. Davidson & Co., a New York limited partnership ("CO"). M.H. Davidson & Co. GP, L.L.C., a Delaware limited liability company ("CO GP"), is the general partner of CO and Davidson Kempner Liquid GP Topco LLC, a Delaware limited liability company, is the managing member of CO GP. DKCM (as defined below) is responsible for the voting and investment decisions of CO;
(ii) Davidson Kempner Arbitrage, Equities and Relative Value LP, a Cayman Islands exempted limited partnership ("DKAERV"). Davidson Kempner Multi-Strategy GP II LLC, a Delaware limited liability company ("DKAERV GP"), is the general partner of DKAERV and Davidson Kempner Liquid GP Topco LLC, a Delaware limited liability company, is the managing member of DKAERV GP. DKCM is responsible for the voting and investment decisions of DKAERV;
(iii) Davidson Kempner Capital Management LP, a Delaware limited partnership and a registered investment adviser with the U.S. Securities and Exchange Commission, acts as investment manager to each of CO and DKAERV ("DKCM"). DKCM GP LLC, a Delaware limited liability company, is the general partner of DKCM. The managing members of DKCM are Anthony A. Yoseloff, Conor Bastable, Morgan P. Blackwell, Patrick W. Dennis, Gabriel T. Schwartz, Zachary Z. Altschuler, Joshua D. Morris, Suzanne K. Gibbons, Gregory S. Feldman, Melanie Levine and James Li; and
(iv) Anthony A. Yoseloff, through DKCM, is responsible for the voting and investment decisions relating to the common shares, no par value per share ("Common Stock"), of PowerBank Corporation (the "Company") held by CO and DKAERV.
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of each of the Reporting Persons is c/o Davidson Kempner Capital Management LP, 9 West 57th Street, 29th Floor, New York, NY 10019.
(c)
Citizenship:
(i) CO - a New York limited partnership
(ii) DKAERV - a Cayman Islands exempted limited partnership
(iii) DKCM - a Delaware limited partnership
(iii) Anthony A. Yoseloff - United States
(d)
Title of class of securities:
Common Shares, no par value per share
(e)
CUSIP Number(s):
73933V100
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:
The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
The percentages set forth in this Schedule 13G are calculated based upon an aggregate of 54,697,277 Common Shares outstanding, which is the sum of (i) 47,697,277 Common Shares outstanding as of June 29, 2026, as reported in the Company's Voluntary Supplemental Material by Foreign Issuers filed with the Securities and Exchange Commission (the "SEC") on June 30, 2026, and (ii) the 7,000,000 Common Shares issued in the private placement that closed on July 1, 2026, as described in the Company's press release issued on July 1, 2026 attached as Exhibit 99.1 to the Report of Foreign Private Issuer on Form 6-K filed with the SEC on July 1, 2026.
(b)
Percent of class:
5.66%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
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 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.
M.H. Davidson & Co.
Signature:
/s/ Anthony A. Yoseloff
Name/Title:
Anthony A. Yoseloff, Executive Managing Member of Davidson Kempner Liquid GP Topco LLC, Managing Member of CO GP, General Partner of CO
Date:
07/07/2026
Davidson Kempner Arbitrage, Equities & Relative Value LP
Signature:
/s/ Anthony A. Yoseloff
Name/Title:
Anthony A. Yoseloff, Executive Managing Member of Davidson Kempner Liquid GP Topco LLC, Managing Member of DKAERV GP, General Partner of DKAERV
