Van Berkom & Associates updates 9% Pennant Group (PNTG) ownership
Rhea-AI Filing Summary
Van Berkom & Associates Inc., a Canadian investment adviser, reports beneficial ownership of 3,112,812 common shares of Pennant Group, Inc., representing 9.0% of the outstanding class as of September 30, 2025. The firm has sole power to vote and dispose of all these shares and no shared voting or dispositive power.
This is Amendment No. 2 to a Schedule 13G and is being filed to correct prior disclosure. Van Berkom explains that an earlier Schedule 13G was filed based on the belief it no longer beneficially owned Pennant shares, but on further review it had continuously held more than 5% but less than 10% of the class as of that date, so no filing was required. The amendment clarifies that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Pennant Group.
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FAQ
Who is the reporting person in this Pennant Group (PNTG) Schedule 13G/A filing?
The reporting person is Van Berkom & Associates Inc., an investment adviser organized under the federal laws of Canada, with its principal business office at 600 Boul. De Maisonneuve Ouest, Bureau 2510, Montreal, Quebec, H3A 3J2.
Why was Amendment No. 2 to the Schedule 13G for Pennant Group (PNTG) filed?
The amendment was filed to replace a prior Schedule 13G that had indicated Van Berkom no longer beneficially owned Pennant securities. After further review, the firm determined it had continuously held more than 5% but less than 10% of the class as of September 30, 2025, and the amendment is meant to correct the prior disclosure.
Does Van Berkom & Associates intend to influence control of Pennant Group through this stake?
No. Van Berkom & Associates certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of, or with the effect of, changing or influencing the control of Pennant Group, Inc.