[SCHEDULE 13G] PROS Holdings, Inc. SEC Filing
Rhea-AI Filing Summary
Bank of Nova Scotia reported beneficial ownership of 2,591,261 shares of PROS Holdings, Inc. That holding represents
The statement includes a certification that the foreign regulatory scheme applicable to the filer is substantially comparable to U.S. regulation and is signed by Raj Sachdeva, Vice President, Head of GBM&T, Compliance Canada, dated
Positive
- Clear disclosure of beneficial ownership:
2,591,261 shares - Stake size is material at
5.18% of the class - Sole voting and dispositive power reported for all disclosed shares
- Compliance certification regarding foreign regulatory comparability is provided
Negative
- None.
Insights
Large passive stake disclosed: 2.59M shares, 5.18% of PRO.
The filing shows Bank of Nova Scotia holds
Dependencies and risks include potential changes in ownership classification if the holder increases activity or influence; any shift toward active intent would require an amended filing. Investors may watch subsequent filings for changes in percentage ownership or disclosures that indicate different intentions over the next few weeks to months.
Filing follows non-U.S. institutional disclosure norms with a comparability certification.
The statement includes a certification that the foreign regulatory scheme applicable to the filer is substantially comparable to U.S. rules and offers to furnish Schedule 13D-equivalent details on request. The filer identified itself as a parent holding company organized in Canada.
Key items to monitor are any staff requests for additional information or any subsequent Schedule 13D/13G amendments if the holder's intent or ownership level changes within typical reporting windows.