Energy Fuels Inc. ownership disclosure: Global X Management Company LLC reports beneficial ownership of 16,687,908 shares of Common Shares, representing 6.83% of the class as of 03/31/2026. The filing states GXMC advises the Global X Uranium ETF and may be deemed beneficial owner because of that advisory role; GXMC disclaims rights to dividends or sale proceeds. The filing notes the shares were acquired in the ordinary course of business and not to change control. The Schedule 13G/A is signed on 05/15/2026.
Positive
None.
Negative
None.
Insights
Large passive stake reported by an ETF adviser; disclosure reflects position, not control.
Global X Management Company LLC reports 16,687,908 shares or 6.83% beneficial ownership through its advisory role to the Global X Uranium ETF. The filing clarifies GXMC does not hold dividend or sale rights and acquired the shares in the ordinary course of business.
Impact depends on the Fund's trading decisions; timing and cash‑flow treatment are not described in the excerpt. Subsequent filings would show any material changes to this position.
Key Figures
Shares beneficially owned:16,687,908 sharesPercent of class:6.83%Filing type:Schedule 13G/A+1 more
4 metrics
Shares beneficially owned16,687,908 sharesreported as of 03/31/2026
Percent of class6.83%percent of common shares
Filing typeSchedule 13G/AAmendment No. 1
Signature date05/15/2026signed by Ryan O'Connor, CEO
Key Terms
Schedule 13G/A, beneficially owned, Investment Company Act of 1940
3 terms
Schedule 13G/Aregulatory
"Amendment No. 1 and cover information reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially ownedfinancial
"GXMC may be deemed to be the beneficial owner of shares of Energy Fuels Inc. held by the Fund"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Investment Company Act of 1940regulatory
"the Fund, a separate series of Global X Funds, an investment company registered under Section 8 of the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
What stake does Global X hold in Energy Fuels (UUUU)?
Global X Management Company LLC reports 16,687,908 shares, equal to 6.83% of common shares as of 03/31/2026. This ownership is reported on a Schedule 13G/A.
Is Global X the owner of the shares reported for UUUU?
GXMC is the investment adviser to the Global X Uranium ETF and may be deemed beneficial owner due to that role. GXMC disclaims rights to receive dividends or sale proceeds from the Fund's holdings.
Were the shares acquired to influence Energy Fuels (UUUU) control?
The filing states the shares were acquired in the ordinary course of business and explicitly says they were not acquired with the purpose of changing or influencing control of the issuer.
What voting and disposition powers does GXMC report for UUUU shares?
The filing lists 16,687,908 shares as GXMC's sole power to vote and sole power to dispose of. Shared voting and dispositive powers are reported as 0.00.
Which entity actually receives dividends or sale proceeds for the reported UUUU shares?
The Global X Uranium ETF is identified as the party with the right to receive dividends and proceeds; GXMC advises the Fund and disclaims those economic rights in the filing.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
ENERGY FUELS INC
(Name of Issuer)
Common Shares
(Title of Class of Securities)
292671708
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
292671708
1
Names of Reporting Persons
Global X Management CO LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
16,687,908.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
16,687,908.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
16,687,908.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.83 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
ENERGY FUELS INC
(b)
Address of issuer's principal executive offices:
225 Union Blvd., Suite 600, Lakewood, Colorado, 80228
Item 2.
(a)
Name of person filing:
Global X Management Company LLC ("GXMC")
(b)
Address or principal business office or, if none, residence:
605 3rd Avenue, 43rd Floor
New York, NY 10158
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Common Shares
(e)
CUSIP No.:
292671708
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information in items 1 and 5 through 11 on the cover pages (p. 2) on Schedule 13G is hereby incorporated by reference.
GXMC is a registered investment adviser that furnishes investment advice to the Global X Uranium ETF (the "Fund"), a separate series of Global X Funds, an investment company registered under Section 8 of the Investment Company Act of 1940. As a result of its role as investment adviser to the Fund, GXMC may be deemed to be the beneficial owner of shares of Energy Fuels Inc. held by the Fund. However, GXMC does not have the right to receive any dividends from, or the proceeds from the sale of, the securities held in the Fund and disclaims any ownership associated with such rights.
(b)
Percent of class:
6.83 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
16,687,908.00
(ii) Shared power to vote or to direct the vote:
0.00
(iii) Sole power to dispose or to direct the disposition of:
16,687,908.00
(iv) Shared power to dispose or to direct the disposition of:
0.00
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Global X Uranium ETF, set forth in Item 4 above, has the right to receive all dividends from, and the proceeds from the sale of, the securities held in its respective account. These shares were acquired in the ordinary course of business, and not with the purpose of changing or influencing control of the issuer.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
