ALYAF.OTC.PinkAlithya Group INC

SCHEDULE 13G/A: Claret Asset Management Corporation Amends Passive Stake in Alithya Group Inc., Holding 5.49% of Subordinate Voting Stock

Sentiment:

Beneficial Ownership Disclosure


Claret Asset Management Corporation has filed an Amendment No. 7 to Schedule 13G, disclosing a passive beneficial ownership of 5.49% in Alithya Group Inc.'s Class A subordinate voting stock as of December 31, 2024.

Summary

  • Claret Asset Management Corporation (CAMC) reported beneficial ownership of 4,858,722 shares of Alithya Group Inc.'s Class A subordinate voting stock.
  • This ownership represents 5.49% of the outstanding Class A subordinate voting stock.
  • CAMC holds sole voting power and sole dispositive power over all 4,858,722 shares.
  • The filing is an Amendment No. 7 to a Schedule 13G, indicating a passive investment position.
  • The percentage of class is based on 88,557,937 Subordinated Voting Shares issued and outstanding as of November 12, 2024, as reported by Alithya Group Inc. in a Form 6-K filing.

Sentiment

Score: 5

Explanation: The document is a factual, regulatory disclosure of beneficial ownership and does not contain information that would significantly alter the sentiment towards the company's operational or financial performance.

Positives

  • The disclosure indicates continued institutional investment by Claret Asset Management Corporation in Alithya Group Inc., which can be viewed as a vote of confidence from a professional asset manager.

Industry Context

This filing is a routine regulatory disclosure of a passive ownership stake by an investment adviser. It does not provide insights into broader industry trends or competitive dynamics, but rather reflects an investment decision within the IT services and digital transformation sector where Alithya Group operates.

Stakeholder Impact

  • Shareholders: Provides transparency regarding significant institutional ownership, which can influence investor confidence and market perception.
  • Management: Awareness of a significant passive institutional shareholder.

Key Dates

DateDescription
2024-11-12Date as of which 88,557,937 Subordinated Voting Shares were issued and outstanding, as reported by the issuer.
2024-12-31Date of event which requires the filing of this statement, reflecting the beneficial ownership position.
2025-02-04Date the Schedule 13G Amendment No. 7 was signed and filed.

Keywords

Alithya Group Inc., Claret Asset Management Corporation, Schedule 13G, Beneficial Ownership, Class A subordinate voting stock, Institutional Investor, SEC Filing, Passive Investment

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