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HOOPP Reports Passive 2.0% Stake in Rithm Acquisition Corp.

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Healthcare of Ontario Pension Plan Trust Fund (HOOPP) reports beneficial ownership of 480,000 Class A ordinary shares of Rithm Acquisition Corp., representing 2.0% of the Class A shares based on 23,660,000 shares outstanding as reported May 9, 2025. HOOPP identifies itself as a pension plan formed as a trust under Ontario law and registered with the Financial Services Regulatory Authority of Ontario. The filing states the shares were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer; HOOPP also affirms regulatory comparability and offers to furnish additional information to the SEC staff upon request.

Positive

  • Disclosure of a clear, quantified holding: 480,000 Class A shares representing 2.0% of the class
  • Explicit certification of passive intent: shares held in the ordinary course of business and not to influence control
  • Reporting entity identification: HOOPP is a registered Ontario pension trust, providing regulatory context

Negative

  • None.

Insights

TL;DR: HOOPP holds 480,000 RAC shares (2.0%), a passive pension-fund position; the filing affirms no intent to influence control.

The Schedule 13G/A indicates a 2.0% beneficial stake in Rithm Acquisition Corp., held as a passive position under a pension trust structure. The report specifies the shares were acquired and are held in the ordinary course of business and not for control purposes. The disclosure cites the issuer's outstanding share count (23,660,000) used to calculate the percentage, and the reporting person is identified as a regulated Ontario pension plan.

TL;DR: Disclosure shows passive ownership, no group affiliation, and a certification to cooperate with SEC staff if further information is requested.

The filing classifies HOOPP as a pension plan formed as a trust and registered with the Financial Services Regulatory Authority of Ontario. It indicates no group membership and notes that ownership is 5% or less of the class. Itemized certifications state the holdings were not acquired to influence control and that HOOPP will furnish additional information to the SEC staff upon request, which is consistent with passive investor reporting practices.






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 Rithm Acquisition Corp., a blank check company formed under the laws of the Cayman Islands (the "Issuer"). In reference to Row 11 above, percentage ownership is based on 23,660,000 Class A Shares issued and outstanding as of May 9, 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 May 9, 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 Rithm Acquisition (RAC) shares does HOOPP beneficially own?

HOOPP beneficially owns 480,000 Class A ordinary shares of Rithm Acquisition Corp.

What percentage of RAC does HOOPP's holding represent?

The holding represents 2.0% of the Class A shares based on 23,660,000 shares outstanding as reported May 9, 2025.

Does HOOPP intend to influence control of Rithm Acquisition Corp. (RAC)?

No. HOOPP certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

What type of entity is the reporting person HOOPP?

HOOPP is a pension plan formed as a trust under Ontario law and registered with the Financial Services Regulatory Authority of Ontario.

Is this filing part of a group or does HOOPP own more than 5%?

No. The filing indicates no group affiliation and classifies the ownership as 5% or less.
Rithm Acquisition Corp

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