SCHEDULE: Wolverine Entities Disclose 1.38% Stake in DT Cloud Acquisition Corp
Beneficial Ownership Report
Wolverine Asset Management LLC and affiliated entities have filed an amended Schedule 13G, disclosing a beneficial ownership of 1.38% in DT Cloud Acquisition Corp's ordinary shares.
Summary
- Wolverine Asset Management, LLC, Wolverine Trading Partners, Inc., Wolverine Holdings, L.P., Christopher L. Gust, and Robert R. Bellick collectively reported beneficial ownership of 93,250 ordinary shares of DT Cloud Acquisition Corp.
- This ownership represents 1.38% of the Issuer's outstanding ordinary shares.
- The percentage was calculated based on 6,767,729 ordinary shares outstanding as of May 8, 2025, as reported in DT Cloud Acquisition Corp's Form 10-Q filed on May 15, 2025.
- All reporting persons hold shared voting and shared dispositive power over the 93,250 shares.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain information that would inherently be considered positive or negative for the issuer's performance or outlook.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
This Schedule 13G filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future performance or outlook.
Industry Context
This filing is a standard regulatory disclosure of an investment firm's stake in a publicly traded company. It reflects a passive investment position by Wolverine Asset Management and its affiliates, consistent with typical investment management activities rather than strategic industry shifts or competitive actions.
Comparison to Industry Standards
- NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional ownership stake, confirming that Wolverine Asset Management and its affiliates hold 1.38% of the ordinary shares with shared voting and dispositive power.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date as of which the number of outstanding ordinary shares (6,767,729) was reported in the Issuer's Form 10-Q. |
| 05/15/2025 | Date the Issuer's Form 10-Q was filed, reporting outstanding shares. |
| 06/30/2025 | Date of event which requires the filing of this Schedule 13G amendment. |
| 07/03/2025 | Date the Schedule 13G amendment was signed by all reporting persons. |
Keywords
beneficial ownership, Schedule 13G, SEC filing, DT Cloud Acquisition Corp, Wolverine Asset Management, ordinary shares, investment management, institutional ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.