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Healthcare of Ontario Pension Plan Reports 1.5M PMTRW Shares, Includes Warrants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Healthcare of Ontario Pension Plan Trust Fund (HOOPP) reported beneficial ownership of 1,500,000 Class A ordinary shares of Perimeter Acquisition Corp. I, representing 6.1% of the outstanding Class A shares based on the issuer's reported 24,788,000 shares outstanding. The position is held in the form of units that include one Class A share and one-half of a redeemable warrant; whole warrants allow purchase of a Class A share at $11.50 per share.

HOOPP identifies itself as a pension plan trust fund organized in Ontario, Canada and certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Positive

  • HOOPP holds a material stake of 1,500,000 Class A shares representing 6.1% of the outstanding Class A shares
  • Position includes warrants (units include one Class A share and one-half of a redeemable warrant; whole warrants exercisable at $11.50), relevant for dilution analysis

Negative

  • None.

Insights

TL;DR: Institutional stake of 6.1% in a SPAC-like issuer is material disclosure but the filer disclaims intent to influence control.

The filing shows HOOPP holds 1.5 million Class A shares (units) representing a >5% stake, which is a material ownership threshold triggering public disclosure. For investors, a single institutional holder at this size can affect perceived support or liquidity for the issuer's securities, yet the filer explicitly states the position is held in the ordinary course and not for control purposes. The inclusion of warrants (one-half per unit; whole warrant exercise price $11.50) is important for potential future dilution analysis. Overall impact: impactful (disclosure-level) but neutral on governance intent.

TL;DR: A 6.1% passive holding by a large pension fund is notable for monitoring, but the filer denies control intentions.

From a governance perspective, the holding crosses the 5% materiality threshold and merits attention to both voting influence and future coordination with other holders. However, the report classifies the reporting person as a pension plan trust fund and affirms acquisition and holding in the ordinary course, which signals no immediate activism or control campaign. Investors should note the stake size and the convertible economics via attached warrants when assessing potential dilution or voting dynamics. Impact rating: impactful disclosure; neutral governance signal.






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)






SCHEDULE 13G




Comment for Type of Reporting Person: In reference to Rows 5, 7 and 9 above, amount consists of Class A ordinary shares, $0.0001 par value ("Class A Shares"), of Perimeter Acquisition Corp. I, a blank check company formed under the laws of the Cayman Islands (the "Issuer"), that are held in the form of units, each consisting of one Class A Share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A Share at a price of $11.50 per share, subject to adjustment. In reference to Row 11 above, percentage ownership is based on 24,788,000 Class A Shares issued and outstanding as of June 18, 2025, as reported on the Issuer's quarterly report on Form 10-Q for the quarter ended on March 31, 2025, filed with the Securities and Exchange Commission on June 23, 2025.


SCHEDULE 13G



Healthcare of Ontario Pension Plan Trust Fund
Signature:/s/ Abas Kanu
Name/Title:VP, HOOPP Compliance Officer
Date:08/13/2025

FAQ

How many Perimeter Acquisition Corp. I (PMTRW) shares does HOOPP own?

HOOPP beneficially owns 1,500,000 Class A ordinary shares (held in unit form).

What percentage of PMTRW does HOOPP's stake represent?

The position represents 6.1% of the Class A shares based on the issuer's reported 24,788,000 Class A shares outstanding.

Are there warrants associated with HOOPP's holdings in PMTRW?

Yes. The shares are held in units that include one Class A share and one-half of one redeemable warrant; whole warrants permit purchase of a Class A share at $11.50.

Does HOOPP intend to influence control of Perimeter Acquisition Corp. I?

HOOPP certifies the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

What type of entity is the reporting person HOOPP?

The reporting person is the Healthcare of Ontario Pension Plan Trust Fund, a pension plan formed as a trust under the laws of Ontario, Canada.
Perimeter Acquisition Corp I

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