SCHEDULE 13G/A: Braden Ferrari and Gilded Conquest LLC Increase Stake in Glimpse Group to 6.3%

Braden Ferrari and Gilded Conquest LLC have increased their beneficial ownership in Glimpse Group, Inc. to an aggregate of 1,322,992 shares, representing 6.3% of the common stock outstanding.

Summary

• Braden Ferrari and Gilded Conquest LLC jointly filed an Amendment No. 25 to Schedule 13G, disclosing their beneficial ownership in Glimpse Group, Inc.
• The filing indicates that Braden Ferrari has acquired an additional 21,100 shares of Glimpse Group's common stock.
• Collectively, Braden Ferrari and Gilded Conquest LLC beneficially own 1,322,992 shares of Glimpse Group, Inc. common stock.
• This aggregate ownership represents approximately 6.3% of the Issuer's common stock outstanding, based on 21,055,506 shares as reported in the Issuer's 10Q filed on May 15, 2025.
• Braden Ferrari holds sole voting and dispositive power over 636,953 shares and shared voting and dispositive power over 686,039 shares.
• Gilded Conquest LLC holds shared voting and dispositive power over 686,039 shares, which are managed by Mr. Ferrari.
• The shares were acquired through personal funds or working capital, with the exception of 1,000,000 founder shares initially issued to Gilded Conquest, of which 395,616 were subsequently transferred.
• The acquisition is not for the purpose of changing or influencing control of the issuer, except for activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 7

Explanation: The filing indicates an increase in beneficial ownership by a significant holder, Braden Ferrari, which can be interpreted as a vote of confidence in the company's future.

Positives

• Increased beneficial ownership by a significant holder (Braden Ferrari) suggests confidence in the company's prospects.
• The acquisition of additional shares (21,100 shares) indicates continued investment by a key individual associated with the company.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction. It is solely a disclosure of beneficial ownership.

Industry Context

This filing is a standard disclosure of a significant shareholder's stake and does not provide information to analyze broader industry trends or competitive landscape. It indicates continued investment by a key individual in the company.

Related Party Transactions

• Gilded Conquest LLC, managed by Braden Ferrari, was issued 1,000,000 founder shares, of which 395,616 shares were subsequently transferred. This indicates a historical related party transaction regarding the initial issuance of shares.

Stakeholder Impact

• Shareholders: The increased stake by a significant holder may instill confidence among existing shareholders and potentially attract new investors, signaling a positive outlook from an informed party.
• Management: The continued investment by a key individual like Braden Ferrari could be seen as a vote of confidence in the current management and strategic direction.

Key Dates

Recommendation

Keywords

Glimpse Group Inc., Braden Ferrari, Gilded Conquest LLC, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Shareholder Stake, Investment, Publicly Traded Company