White Pearl Acquisition Corp. ownership disclosure by The Goldman Sachs Group, Inc. The filing reports that Goldman Sachs & Co. LLC holds 696,097 shares of Class A ordinary shares (CUSIP G96193118), representing 5.9% of the class. The filing is submitted as a joint Schedule 13G and includes a joint filing agreement and subsidiary attribution under Item 7.
The disclosure attributes the reported holdings to Goldman Sachs reporting units and notes customary disclaimers about client and certain investment-entity holdings. Signatures are provided by an attorney-in-fact for both filers.
Positive
None.
Negative
None.
Insights
Goldman Sachs reports a passive, joint Schedule 13G stake of 696,097 shares (5.9%).
The filing lists 696,097 shares and 5.9% ownership for Goldman Sachs & Co. LLC as reported on the cover information. It is presented as a joint filing with The Goldman Sachs Group, Inc. and includes Exhibit (99.2) clarifying subsidiary attribution.
Disclosure includes standard Release-based disclaimers excluding client accounts and certain investment-entity holdings. Subsequent filings may clarify any changes in percent ownership or beneficial ownership attribution.
Key Figures
Reported shares:696,097 sharesPercent of class:5.9%CUSIP:G96193118
3 metrics
Reported shares696,097 sharesAmount beneficially owned as reported on Schedule 13G cover
Percent of class5.9%Percent of Class A ordinary shares reported on the cover
CUSIPG96193118Identifies Class A ordinary shares of White Pearl Acquisition Corp.
Key Terms
Schedule 13G, Joint Filing Agreement, Goldman Sachs Reporting Units
3 terms
Schedule 13Gregulatory
"Joint filing of a Statement on beneficial ownership (Schedule 13G)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Joint Filing Agreementregulatory
"EXHIBIT (99.1) JOINT FILING AGREEMENT in accordance with Rule 13d-1(k)(1)"
Goldman Sachs Reporting Unitsfinancial
"securities beneficially owned by certain operating units (collectively, the "Goldman Sachs Reporting Units")"
What stake does Goldman Sachs report in WHITE PEARL ACQUISITION CORP. (WPAC)?
The filing reports 696,097 shares, representing 5.9% of Class A ordinary shares (CUSIP G96193118). The amount is reported on the cover information and attributed to Goldman Sachs Reporting Units.
Who filed the Schedule 13G for WPAC?
The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC jointly filed the Schedule 13G and executed a joint filing agreement dated 04/03/2026 as shown in Exhibit (99.1).
Does the filing state whether the stake is direct or indirect?
Exhibit (99.2) attributes the securities to Goldman Sachs & Co. LLC as a subsidiary of GS Group; the filing reflects holdings of Goldman Sachs Reporting Units with standard indirect/client disclaimers per the Release.
Are client or managed-account holdings included in the reported 5.9%?
The filing states the Goldman Sachs Reporting Units disclaim beneficial ownership of client accounts and certain investment-entity interests, so those client holdings are not reflected in the reported 696,097-share figure.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
WHITE PEARL ACQUISITION CORP.
(Name of Issuer)
Class A ordinary shares, with no par value
(Title of Class of Securities)
G96193118
(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):
G96193118
1
Names of Reporting Persons
THE GOLDMAN SACHS GROUP, INC.
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
0.00
6
Shared Voting Power
696,097.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
696,097.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
696,097.00
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)
5.9 %
12
Type of Reporting Person (See Instructions)
HC, CO
SCHEDULE 13G
CUSIP Number(s):
G96193118
1
Names of Reporting Persons
GOLDMAN SACHS & 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
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
696,097.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
696,097.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
696,097.00
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)
5.9 %
12
Type of Reporting Person (See Instructions)
BD, OO, IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
WHITE PEARL ACQUISITION CORP.
(b)
Address of issuer's principal executive offices:
244 Fifth Avenue, Suite #1835, NEW YORK, X1, 10001
Item 2.
(a)
Name of person filing:
THE GOLDMAN SACHS GROUP, INC.| GOLDMAN SACHS & CO. LLC
(b)
Address or principal business office or, if none, residence:
The Goldman Sachs Group, Inc. 200 West Street New York, NY 10282| Goldman Sachs & Co. LLC 200 West Street New York, NY 10282
(c)
Citizenship:
THE GOLDMAN SACHS GROUP, INC. - Delaware| GOLDMAN SACHS & CO. LLC - New York
(d)
Title of class of securities:
Class A ordinary shares, with no par value
(e)
CUSIP Number(s):
G96193118
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:
See the response(s) to Item 9 on the attached cover page(s).
(b)
Percent of class:
See the response(s)to Item 11 on the attached cover page(s).
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See the response(s) to Item 5 on the attached cover page(s).
(ii) Shared power to vote or to direct the vote:
See the response(s) to Item 6 on the attached cover page(s).
(iii) Sole power to dispose or to direct the disposition of:
See the response(s) to Item 7 on the attached cover page(s).
(iv) Shared power to dispose or to direct the disposition of:
See the response(s) to Item 8 on the attached cover page(s).
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.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit (99.2)
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.
THE GOLDMAN SACHS GROUP, INC.
Signature:
Name: Veronica Mupazviriwo
Name/Title:
Attorney-in-fact
Date:
04/03/2026
GOLDMAN SACHS & CO. LLC
Signature:
Name: Veronica Mupazviriwo
Name/Title:
Attorney-in-fact
Date:
04/03/2026
Exhibit Information
EXHIBIT (99.1)
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1) promulgated under the Securities
Exchange Act of 1934, the undersigned agree to the joint filing of a Statement
on Schedule 13G (including any and all amendments thereto) with respect to the
Class A ordinary shares, with no par value, of WHITE PEARL ACQUISITION CORP.
and further agree to the filing of this agreement as an Exhibit thereto.
In addition, each party to this Agreement expressly authorizes each other party
to this Agreement to file on its behalf any and all amendments to such Statement
on Schedule 13G.
Date: 04/03/2026
THE GOLDMAN SACHS GROUP, INC.
By:/s/ Veronica Mupazviriwo
----------------------------------------
Name: Veronica Mupazviriwo
Title: Attorney-in-fact
GOLDMAN SACHS & CO. LLC
By:/s/ Veronica Mupazviriwo
----------------------------------------
Name: Veronica Mupazviriwo
Title: Attorney-in-fact
EXHIBIT (99.2)
ITEM 7 INFORMATION
The securities being reported on by The Goldman Sachs Group, Inc.
("GS Group"), as a parent holding company, are owned, or may be deemed to be
beneficially owned, by Goldman Sachs & Co. LLC ("Goldman Sachs"), a broker or
dealer registered under Section 15 of the Act and an investment adviser
registered under Section 203 of the Investment Advisers Act of 1940. Goldman
Sachs is a subsidiary of GS Group.
EXHIBIT (99.3)
ITEM 4 INFORMATION
*In accordance with the Securities and Exchange Commission Release No.
34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities
beneficially owned by certain operating units (collectively, the "Goldman Sachs
Reporting Units") of The Goldman Sachs Group, Inc. and its subsidiaries and
affiliates (collectively, "GSG"). This filing does not reflect securities, if
any, beneficially owned by any operating units of GSG whose ownership of
securities is disaggregated from that of the Goldman Sachs Reporting Units in
accordance with the Release. The Goldman Sachs Reporting Units disclaim
beneficial ownership of the securities beneficially owned by (i) any client
accounts with respect to which the Goldman Sachs Reporting Units or their
employees have voting or investment discretion or both, or with respect to
which there are limits on their voting or investment authority or both and
(ii) certain investment entities of which the Goldman Sachs Reporting Units
act as the general partner, managing general partner or other manager, to the
extent interests in such entities are held by persons other than the Goldman
Sachs Reporting Units.
