SCHEDULE: Bank of Montreal Discloses 5.3% Stake in JENA ACQUISITION Corp II

Bank of Montreal and its affiliates have reported a beneficial ownership of 5.3% in JENA ACQUISITION Corp II, holding 1,230,000 units as of June 30, 2025.

Summary

• Bank of Montreal, BANK OF MONTREAL HOLDING INC., and BMO NESBITT BURNS INC. collectively hold 1,230,000 units of JENA ACQUISITION Corp II.
• This beneficial ownership represents 5.3% of the total class of securities.
• The securities are units, each consisting of one Class A ordinary share and one right.
• The reporting persons share both voting and dispositive power over all 1,230,000 units.
• The holdings are in the ordinary course of business, with the reporting person acting as a prime broker on behalf of clients.
• The acquisition of these securities was not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a neutral, factual disclosure of beneficial ownership, not containing performance or strategic updates that would typically influence sentiment.

Positives

• A significant institutional investor, Bank of Montreal, holds a 5.3% stake, indicating institutional interest in JENA ACQUISITION Corp II.
• The disclosure provides transparency regarding the beneficial ownership structure of the company's units.

Future Outlook

NA

Management Comments

• Kathryn Cenac, Managing Director Regulatory Solutions Group for Bank of Montreal, BANK OF MONTREAL HOLDING INC., and BMO NESBITT BURNS INC., certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing is a standard disclosure of beneficial ownership by a major financial institution, reflecting its clients' investment positions rather than a strategic move within the broader industry.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional holdings, which can be a positive signal of liquidity and institutional interest in the company's units.

Key Dates

Keywords

JENA ACQUISITION Corp II, Bank of Montreal, Beneficial Ownership, Schedule 13G, Institutional Investor, Units, Class A ordinary share, Rights, SEC Filing