SCHEDULE 13G/A: Wolverine Entities Disclose Minimal Passive Stake in Evergreen Corp
Beneficial Ownership Disclosure
Wolverine Asset Management LLC and its affiliates have filed an amended Schedule 13G, disclosing a passive beneficial ownership of 599 ordinary shares, representing 0% of Evergreen Corp.
Summary
- The filing is an Amendment No. 1 to Schedule 13G for Evergreen Corp, filed by Wolverine Asset Management LLC and related entities.
- The reporting persons include Wolverine Asset Management LLC, Wolverine Trading Partners, Inc., Wolverine Holdings, L.P., Christopher L. Gust, and Robert R. Bellick.
- The aggregate amount beneficially owned by each reporting person is 599 Ordinary Shares of Evergreen Corp.
- This beneficial ownership represents 0% of the class of Ordinary Shares.
- The percentage was calculated based on 5,614,800 Ordinary Shares outstanding as of February 28, 2025, as reported in Evergreen Corp's Form 10-K.
- The reporting persons have shared voting power and shared dispositive power over the 599 shares.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Evergreen Corp.
Sentiment
Score: 5
Explanation: The document is a routine Schedule 13G filing disclosing a passive, non-material ownership stake, thus having a neutral sentiment.
Future Outlook
NA
Management Comments
- The reporting persons certify that the securities referred to were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.
Industry Context
This filing is a standard regulatory disclosure for passive investment stakes and does not provide specific insights into broader industry trends or competitive dynamics beyond the reported ownership.
Stakeholder Impact
- The disclosed 0% beneficial ownership by Wolverine Asset Management LLC and its affiliates is unlikely to have any material impact on shareholders, employees, customers, suppliers, or creditors of Evergreen Corp due to its passive and non-controlling nature.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of event which required the filing of this statement. |
| 02/28/2025 | Date as of which 5,614,800 Ordinary Shares of Evergreen Corp were outstanding, according to the Issuer's Form 10-K. |
| 03/03/2025 | Date of signing for the Schedule 13G Amendment No. 1 filing. |
Keywords
Evergreen Corp, Schedule 13G, Beneficial Ownership, Wolverine Asset Management, Passive Investment, Ordinary Shares, SEC Filing
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