SCHEDULE 13G/A: Glazer Capital and Paul J. Glazer Report 7.30% Passive Stake in Evergreen Corporation
Beneficial Ownership Report
Glazer Capital, LLC and Paul J. Glazer have reported a 7.30% beneficial ownership stake in Evergreen Corporation's Ordinary Shares as of March 31, 2025, indicating a passive investment.
Summary
- Glazer Capital, LLC and Paul J. Glazer (collectively, the "Reporting Persons") have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Evergreen Corporation.
- The Reporting Persons collectively beneficially own 199,986 Ordinary Shares of Evergreen Corporation, representing 7.30% of the class.
- Both Glazer Capital, LLC and Paul J. Glazer hold shared voting power and shared dispositive power over all 199,986 shares.
- The shares were acquired and are held in the ordinary course of business and are not intended for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of passive beneficial ownership and does not contain information regarding the issuer's operational performance or future outlook, thus maintaining a neutral sentiment.
Positives
- The Reporting Persons have certified that their acquisition and holding of shares are in the ordinary course of business.
- The investment is explicitly stated not to be for the purpose of changing or influencing the control of Evergreen Corporation, indicating a passive stake.
Future Outlook
This document is a beneficial ownership report and does not contain forward-looking statements or guidance regarding Evergreen Corporation's future outlook.
Industry Context
This filing is a routine disclosure of a significant passive ownership stake by an investment firm and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant ownership stakes, which can offer insights into institutional investor interest in the company.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement (beneficial ownership calculation date) |
| 05/15/2025 | Date of signing and filing of the Schedule 13G Amendment No. 1 |
Keywords
Evergreen Corporation, Glazer Capital, Paul J. Glazer, Schedule 13G, beneficial ownership, Ordinary Shares, passive investment, SEC filing
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