SCHEDULE: Grace & Mercy Foundation Updates Gloo Holdings Stake

Sentiment:

Schedule 13D Amendment


Grace & Mercy Foundation, Inc. reports a 19.1% beneficial ownership stake in Gloo Holdings, Inc. via Schedule 13D amendment.

Summary

  • Grace & Mercy Foundation, Inc. maintains beneficial ownership of 2,500,000 shares of Class A Common Stock in Gloo Holdings, Inc.
  • The reported stake represents approximately 19.1% of the total outstanding Class A Common Stock.
  • The filing confirms no transactions in Class A Common Stock occurred within the 60 days prior to the event date of May 27, 2026.
  • The issuer's capital structure consists of 13,108,949 Class A shares and 69,298,373 Class B shares as of May 15, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing confirming existing ownership levels without signaling new strategic shifts or market-moving transactions.

Positives

  • Significant institutional or foundation-level investment indicates long-term interest in the issuer.
  • The reporting person maintains sole voting and dispositive power over the 2,500,000 shares.

Negatives

  • The dual-class share structure (Class B shares carry 10 votes per share) significantly dilutes the voting power of Class A shareholders, including the reporting person.

Risks

  • Concentration of voting power in Class B shares may limit the influence of Class A shareholders on corporate governance.
  • Market volatility associated with the issuer's stock price could impact the value of the foundation's holdings.

Future Outlook

The filing does not provide specific forward-looking business guidance, focusing instead on the disclosure of beneficial ownership status.

Management Comments

  • The reporting person certifies that the information set forth in the statement is true, complete, and correct.

Industry Context

StockSavvy.ai notes that this filing is a standard regulatory disclosure regarding significant shareholding, common in the technology and holding company sectors where foundations or institutional investors maintain long-term positions.

Comparison to Industry Standards

  • The disclosure follows standard SEC requirements for beneficial ownership reporting under Section 13(d) of the Securities Exchange Act.
  • The dual-class structure is consistent with many high-growth technology companies aiming to maintain founder or insider control.

Stakeholder Impact

  • Shareholders should note the significant concentration of ownership by the foundation.
  • The dual-class structure remains a key factor for minority shareholders regarding voting influence.

Next Steps

  • Continued monitoring of the issuer's share price and any future changes in beneficial ownership by the reporting person.

Key Dates

DateDescription
2025-11-28Initial Schedule 13D filing date.
2026-01-12Amendment No. 1 to Schedule 13D filing date.
2026-05-15Date of outstanding share count reported in Proxy Statement.
2026-05-27Event date requiring the filing and date of Definitive Proxy Statement.
2026-05-29Filing date of Amendment No. 2.

Keywords

Gloo Holdings, Schedule 13D, Beneficial Ownership, Grace & Mercy Foundation, Class A Common Stock, SEC Filing

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