Goldman Sachs (WPAC) discloses 442,622-share position in White Pearl Acquisition
Rhea-AI Filing Summary
The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC report beneficial ownership of Class A ordinary shares of White Pearl Acquisition Corp. under a Schedule 13G/A (Amendment No. 1). They report 442,622 shares with 3.7% of the class, all with shared voting and dispositive power and no sole power. The filing states ownership of 5 percent or less of this class of securities, with Goldman Sachs & Co. LLC as a subsidiary of the parent holding company GS Group.
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Key Figures
Shares beneficially owned: 442,622 shares
Percent of class: 3.7%
Shared voting power: 442,622 shares
+3 more
6 metrics
Shares beneficially owned
442,622 shares
Class A ordinary shares of White Pearl Acquisition Corp. reported by Goldman Sachs entities
Percent of class
3.7%
Beneficial ownership percentage of WPAC Class A ordinary shares
Shared voting power
442,622 shares
Number of WPAC shares over which Goldman Sachs entities share voting power
Shared dispositive power
442,622 shares
Number of WPAC shares over which Goldman Sachs entities share dispositive power
Ownership threshold statement
5 percent or less
Ownership of 5 percent or less of a class noted in Item 5
Signature date
07/17/2026
Signature date for attorney-in-fact on behalf of both Goldman Sachs entities
Key Terms
beneficial ownership, shared voting power, shared dispositive power, parent holding company, +2 more
6 terms
beneficial ownership financial
"The securities being reported on by The Goldman Sachs Group, Inc. are owned, or may be deemed to be beneficially owned"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
parent holding company financial
"The securities being reported on by The Goldman Sachs Group, Inc. ("GS Group"), as a parent holding company"
attorney-in-fact regulatory
"Name/Title: | Attorney-in-fact Date: | 07/17/2026"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
joint filing agreement regulatory
"EXHIBIT (99.1) JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1)"
FAQ
What stake in White Pearl Acquisition Corp. (WPAC) does Goldman Sachs report in this Schedule 13G/A?
Goldman Sachs entities report beneficial ownership of 442,622 Class A ordinary shares of White Pearl Acquisition Corp., representing 3.7% of the outstanding class, according to the Schedule 13G/A Amendment No. 1 filing.
Which Goldman Sachs entities are reporting ownership in WPAC in this filing?
The reporting entities are The Goldman Sachs Group, Inc. and its subsidiary Goldman Sachs & Co. LLC. GS Group is the parent holding company, while Goldman Sachs & Co. LLC is a registered broker-dealer and investment adviser.
Does Goldman Sachs own more than 5% of White Pearl Acquisition Corp. (WPAC)?
No. The filing lists a 3.7% beneficial ownership stake and explicitly notes ownership of 5 percent or less of the WPAC Class A ordinary shares, keeping the position below the 5% threshold.
Who signed the WPAC Schedule 13G/A on behalf of the Goldman Sachs entities?
The filing is signed by Sam Prashanth as attorney-in-fact for both The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC, with signature dates of 07/17/2026 for each entity.
How are the reported WPAC securities held within the Goldman Sachs organization?
The securities are owned or deemed beneficially owned by Goldman Sachs & Co. LLC, a subsidiary of GS Group. The filing notes certain Goldman Sachs operating units may disclaim beneficial ownership for client accounts and certain investment entities.
AI-generated analysis. How Rhea-AI works. Not financial advice.