Paradice Reports 7.01% Stake in Skillsoft, Joint Filing by Affiliates
Rhea-AI Filing Summary
Paradice Investment Management reports beneficial ownership of 610,289 shares of Skillsoft Corp. Class A common stock, representing
Positive
- Material stake of 610,289 shares representing
7.01% of the class - Joint filing by U.S. and Australian affiliates shows coordinated reporting and responsibility
Negative
- No sole voting power (0 shares), limiting unilateral governance influence
- Shared voting power only on 60,792 shares, which is small relative to total beneficial holdings
Insights
Holding above 5% signals a meaningful passive stake.
The reported
This structure means the position is material to holders but is described as held in the ordinary course of business, not to change control. Watch for future amendments reporting changes in the
Joint filing and shared powers suggest coordinated asset management.
Two related Paradice entities filed jointly, creating combined disclosure responsibility and showing centralized disposition authority over 610,289 shares. The absence of sole voting power (0 shares) and explicit certification that holdings are not for control are governance‑relevant details for boards and large investors.
Key dependencies include any reclassification of voting rights or additional acquisitions that would alter the