SCHEDULE: Tether Entities Amend Gold.com Stake Filing

Sentiment:

Schedule 13D Amendment


Tether Global Investments Fund and its subsidiaries have amended their Schedule 13D filing regarding their stake in Gold.com, Inc., reporting a combined 12.6% ownership.

Summary

  • Tether Global Investments Fund, S.I.C.A.F., S.A. (and its subsidiaries TPM, S.A. de C.V. and Tether International, S.A. de C.V.) have filed an amendment to their Schedule 13D concerning their holdings in Gold.com, Inc.
  • The reporting persons collectively beneficially own 3,670,787 shares of Gold.com, Inc. common stock, representing 12.6% of the outstanding shares.
  • This ownership is based on 29,121,293 shares of common stock reported as outstanding as of June 30, 2026.
  • The filing details the beneficial ownership structure, with Tether Global Investments Fund and Giancarlo Devasini having shared voting and dispositive power over 3,670,787 shares, and TPM holding direct voting and dispositive power over 3,370,787 shares.
  • An open market purchase of 100,000 shares was made by Tether International S.A. de C.V. on September 3, 2026, at $39.3035 per share.
  • The filing also references past regulatory actions against Tether entities, including a $41 million penalty from the CFTC in October 2021 and an $18.5 million settlement with the New York Attorney General in February 2021.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this filing as having a slightly negative sentiment due to past regulatory issues and the nature of a Schedule 13D filing indicating a significant stake rather than positive operational news.

Positives

  • The reporting persons have increased their stake in Gold.com, Inc. through an open market purchase.
  • The filing clearly outlines the beneficial ownership structure and the percentage of shares held.

Negatives

  • The filing references significant past regulatory penalties and settlements against Tether entities, including a $41 million CFTC penalty and an $18.5 million settlement with the NYAG.
  • The nature of a Schedule 13D filing indicates a significant stake, which can sometimes be perceived as a precursor to a takeover or activist involvement, though no such intent is stated here.

Risks

  • Past regulatory actions against Tether entities, including allegations of untrue or misleading statements regarding USDT backing, could pose reputational risks.
  • The significant stake held by the reporting persons could lead to future activist investor strategies or potential conflicts with existing management or shareholders.

Future Outlook

No specific forward-looking statements or guidance regarding Gold.com, Inc. are provided in this amendment. The filing primarily concerns ownership and past regulatory matters.

Management Comments

  • Omar Rossi, Sole Administrator of Tether Global Investments Fund, S.I.C.A.F., S.A., signed the certification for the filing.
  • Juan Jose Sartori, Sole Administrator of TPM, S.A. de C.V., signed the certification for the filing.
  • Giancarlo Devasini signed the certification individually.

Industry Context

StockSavvy.ai notes that Schedule 13D filings typically signal a significant investment or a change in control intentions. The involvement of Tether-affiliated entities, known for their role in the cryptocurrency market, in a company named Gold.com, Inc. could suggest a strategic interest in digital assets or commodities, though the filing itself does not elaborate on this.

Legal Proceedings

  • In October 2021, Tether paid a $41 million civil monetary penalty to the CFTC without admitting or denying findings that Tether made untrue or misleading statements regarding whether USDT was fully backed by U.S. Dollars.
  • In February 2021, Tether and Bitfinex companies settled a 2019 proceeding with the New York Attorney General by paying $18.5 million in penalties and agreeing to discontinue trading activity with New York persons and submit to mandatory reporting.

Related Party Transactions

  • Tether Global Investments Fund, S.I.C.A.F., S.A. holds shares through its controlled subsidiaries TPM, S.A. de C.V. and Tether International, S.A. de C.V.

Stakeholder Impact

  • Shareholders of Gold.com, Inc.: The increased stake by Tether entities could influence corporate strategy or future control of the company.
  • Creditors of Tether entities: Past regulatory penalties and settlements may impact the financial health and liquidity of these entities.
  • Regulatory bodies: The filing acknowledges past regulatory scrutiny, which may lead to continued oversight.

Next Steps

  • The reporting persons will continue to monitor their investment in Gold.com, Inc.
  • Further amendments to the Schedule 13D will be filed if there are material changes in beneficial ownership or other reportable events.

Key Dates

DateDescription
2016-06-01Start of period for CFTC allegations regarding USDT backing.
2019-02-01Start of period for NYAG proceeding related to fund transfers.
2021-02-01Settlement entered into with the Office of the Attorney General of the State of New York.
2021-10-01Settlement with the U.S. Commodity Futures Trading Commission (CFTC).
2026-02-06Original filing date of the Schedule 13D.
2026-05-06Filing date of Amendment No. 1 to the Schedule 13D.
2026-06-30Date as of which outstanding shares of Common Stock were reported.
2026-09-03Date of open market purchase of 100,000 shares and date of Issuer's Form 8-K filing.
2026-09-08Date of Amendment No. 2 to the Schedule 13D and execution of Joint Filing Agreement.

Keywords

Schedule 13D, Tether Global Investments Fund, Gold.com, Inc., Beneficial Ownership, Common Stock, TPM, S.A. de C.V., Tether International, S.A. de C.V., Regulatory Proceedings

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