PROS Holdings (PRO) sees Glazer Capital report 0% beneficial stake
Rhea-AI Filing Summary
PROS Holdings, Inc. received a beneficial ownership report from Glazer Capital, LLC and its managing member, Paul J. Glazer, regarding the company’s common stock. The filing states that, as of the relevant reporting date, the reporting persons beneficially own 0 shares, representing 0% of the outstanding common stock.
The report notes that the reporting persons may previously have been deemed to beneficially own more than five percent of the class but have now ceased to be beneficial owners of more than five percent. They also certify that the securities referenced were not acquired and are not held for the purpose of changing or influencing control of PROS Holdings.
Positive
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Negative
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Insights
Glazer Capital now reports 0% beneficial ownership of PROS Holdings common stock.
This disclosure shows that Glazer Capital, LLC and Paul J. Glazer currently report beneficial ownership of 0 shares of PROS Holdings, Inc. common stock, equal to 0% of the class. The filing explains that their prior position may have exceeded five percent of the outstanding shares, triggering earlier reporting obligations.
The statement that they have “ceased to be the beneficial owner of more than five percent” means they are no longer classified as a major holder under that threshold. The certification that their holdings were not acquired to change or influence control underscores a passive stance toward corporate control. For investors, this filing mainly updates the shareholder registry by indicating that a previously reportable holder no longer has a significant disclosed stake.
FAQ
What does the Glazer Capital filing report about PROS Holdings (PRO)?
How many PROS Holdings common shares does Glazer Capital currently beneficially own?
What percentage of PROS Holdings’ common stock does Glazer Capital report owning?
Were Glazer Capital and Paul J. Glazer previously more than 5% owners of PROS Holdings?
Who are the reporting persons in this PROS Holdings ownership report?
Does Glazer Capital seek to influence control of PROS Holdings according to this filing?